Market / MetaTrader 4 / Indicators /

Mediana

30 USD

Demo downloaded: 9

Published: 7 April 2020

Current version: 1.3

Mediana

Indicators
Arkadii Zagorulko
Version: 1.3
Updated: 31 May 2023
Activations: 5

The median indicator is a type of technical analysis tool commonly used in forex trading. It is based on calculating the median price of a currency pair over a specific period of time. The median price is the middle value between the high and low prices.

Compared to the widely used moving average (MA) indicator, the median indicator offers a unique perspective on the market. Here are some advantages of using the median indicator:

Robustness to outliers: The median is less affected by extreme price movements or outliers compared to the MA. Since it focuses on the middle value, it provides a more stable representation of the price range.
Smoother price representation: The median indicator can smooth out price fluctuations, reducing the impact of short-term market noise. This can help traders identify the underlying trend more easily.
Reflects price distribution: By using the median, traders gain insight into the distribution of prices within a given period. It provides information about the concentration of prices around the middle value, which can be valuable for understanding market sentiment.
Supports range-based strategies: The median indicator is particularly useful for range-bound markets, where prices fluctuate between support and resistance levels. It helps traders identify the central point of the range, which can be used as a reference for potential buy and sell levels.
Complementary to other indicators: The median indicator can be used in conjunction with other technical analysis tools to confirm signals or filter out false signals. For example, combining the median indicator with a moving average can provide a comprehensive view of the market by incorporating both the central tendency and the overall trend.

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Matrix is a Forex arrow indicator. Displays signals simply and clearly! The arrows show the direction of the transaction, and are colored accordingly, which can be seen in the screenshots. As you can see, trading with such an indicator is easy. I waited for an arrow to appear in the desired direction - I opened a deal. An arrow formed in the opposite direction - closed the deal. The indicator also displays the lines with the help of which the arrow signals are formed, taking into account the int

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LIMITED TIME SALE - 30% OFF, WAS $49, NOW $35! Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a possible exhaust

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CMTX EA is a versatile trading tool that leverages Moving Averages (MAs) to generate signals and manage trades. Designed for both trending and ranging markets, this EA opens positions when two MAs cross and strategically manages those positions for optimized outcomes. Key Features: Trade Direction Options : Configure the EA to trade in one direction or both simultaneously. Lot & Risk Management : Choose between fixed or dynamic lot sizing. Smart lot sizing adjusts based on account balance. Confi

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MA intersection indicator. At a selected period, the indicator finds the best of the periods MAs on profit with considering the ratio of losses and profits. (Auto-optimizing MA) Entering a long position is the cross of fast MA from the bottom to up through long MA. For a short position - vice versa. The best of the periods is displayed. MAs are also drawn. In the settings, it is possible to select the period of bars / candles for find better solution. Also, the time period of the upda

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The RSI (Relative Strength Index) scanner is a powerful technical analysis tool designed to help traders and investors identify potential trading opportunities in the forex, stocks, and cryptocurrency markets. RSI is a popular momentum oscillator that measures the speed and change of price movements and helps determine overbought or oversold conditions in an asset. The scanner takes advantage of this indicator to streamline the process of finding trading signals and opportunities. The RSI value

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The EA logic is based on opening a trade in the direction of the trend after some consolidation. The EA also opens additional orders in the event of an imaginary trend change, in the hope that the price will return to the previous direction and the orders will be closed sooner. If the trend has changed, the robot closes unprofitable orders with the help of open other orders following the trend. (part hedging) Default parameters for EURUSD M15 (5 digits). Many Expert Advisors show remarkable r

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A trend indicator based on the breakout of levels. Only one setting allows very fast adaptation on a specific symbol. This indicator is non-repainting indicator and only for desktop MT4 platform. Mobile PUSH. Desktop Alert. Email Alert. Shows arrows for entry at closed bar. Works on any MT4 symbol and any time frame. It can serve as an addition to your trading system.

30 USD

The panel allows you to place and open orders with one click of a button. It is possible to quickly change the parameters of the lot, take profit, stop loss and expiration time. The expiration parameter is valid only for pending orders. The trading panel works in the tester. To open a pending order, click on the buy or sell stop button, and then on a place on the chart. (This function cannot work in the strategy tester for technical reasons) Expiration time is in minutes, everything else

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This powerful tool is designed to help traders identify key reversal patterns in their charts, including the hammer and star bar formations. With this indicator, you can quickly and easily spot these patterns as they form, allowing you to make well-informed trades and potentially increase your profits. The Hammer Start indicator is customizable, allowing you to set your own parameters for identifying patterns and alerts. Whether you're a seasoned trader or just starting out, the Hammer and Star

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Version 1.3 2023.05.31

Added limit of bars to calculations
Added possibility to turn off second line

Version 1.2 2021.07.16

Added alert and arrows when crossing the lines (only if the fast median rises or falls)

Version 1.1 2020.10.06

Added second mediana line