• Overview
  • Reviews
  • Comments (2)
  • What's new

MarketMeter

This is an easy to use indicator based on multitimeframe cluster analysis of specified currencies. It provides simple yet powerful signals for trading and gives numerical measures of signal strength in percentage value.

After placing the indicator on a chart, it displays a table with the following structure: all symbols with currently available opportunities to trade are listed in rows, and trading strategies are listed in columns as short-term (hours), mid-term (days), and long-term (weeks) trading. In the last column, named Total, most reliable generalized measures are shown. Signal strengths are shown in the cells: positive values are for buy, while negative ones are for sell. Symbols, for which all shown columns are filled with coherent signals, are highlighted in bright color: blue - for buy and red - for sell. If there is an empty cell for a symbol (some trading strategy is not confirmed), the symbol's color is dimmed. When contradictory signals are found in a single row, corresponding symbol is shown in gray.

Parameters: 

  • Instruments - comma separated list of instruments with a common currency. For Forex symbols, the common currency is either a quote currency or a base currency, which is detected in all given symbols. If the autodetection failed (as for non-Forex tickers), DefaultBase parameter is used (here, 'base' means a common currency between all tickers, not a base currency of a Forex symbol); the default set of instruments includes all Forex majors - EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDCAD, NZDUSD. Please note that NZDUSD can be missing at some demo servers, so do not forget to edit as appropriate;
  • DefaultBase - default common currency to use; it is used only if the base cannot be detected automatically;
  • MA_Method - moving average method (the default is linear weighted);
  • Price - moving average applied price type (the default is weighted price);
  • Threshold - a value of minimal signal strength to show (default - 50);
  • ShowShortTerm - show (true) or hide (false) the short-term column (default - true);
  • ShowMidTerm - show (true) or hide (false) the mid-term column (default - true);
  • ShowLongTerm - show (true) or hide (false) the long-term column (default - true); NB: Total column is always shown;
  • Corner - a corner used to display the table (default value - 1 - upper right corner; other possible values: 0 - upper left corner; 2 - bottom left corner; 3 - bottom right corner);
  • CellWidth - width of the table cells (default - 75);
  • CellHeight - height of the table cells (default - 20);
  • ColorBG - color of the table background (default - black).

The indicator requires all work instruments mentioned in the parameters to be available in the market watch. When the indicator is placed on a chart first time, it may require some time to build all necessary data. If some data is missing or is not synchronized between work instruments, "NO DATA" message is shown in the table (see logs for details). If you receive this message, open indicator dialog and apply settings once more - the data will be, most likely, calculated at that moment.

If there are no signals satisfying given conditions, the indicator displays "NO SIGNALS" message in the table.

The indicator works on bar-by-bar principle, there is no tick processing.

Behind the scenes, the indicator uses the algorithms running in the related CCFpExtraSuperMulti indicator. The latter may be used for more in-depth market analysis, on arbitrary timeframes and historical perspectives, including dynamics.

Recommended products
VR Cub
Vladimir Pastushak
VR Cub is an indicator for getting high-quality entry points. The indicator was developed to facilitate mathematical calculations and simplify the search for entry points into a position. The trading strategy for which the indicator was written has been proving its effectiveness for many years. The simplicity of the trading strategy is its great advantage, which allows even novice traders to successfully trade with it. VR Cub calculates position opening points and Take Profit and Stop Loss targe
Owl smart levels
Sergey Ermolov
4.58 (55)
MT5 version  |  FAQ The Owl Smart Levels Indicator  is a complete trading system within the one indicator that includes such popular market analysis tools as  Bill Williams' advanced fractals , Valable ZigZag which builds  the correct wave structure  of the market, and  Fibonacci levels  which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private
Infinity Trend Pro
Yaroslav Varankin
1 (1)
This is a trend indicator without redrawing Developed instead of the binary options strategy (by the color of the Martingale candlestick) Also works well in forex trading When to open trades (binary options) A signal will appear in the place with a candle signaling the current candle It is recommended to open a deal for one candle of the current timeframe M1 and M5 When a blue dot appears, open a deal up When a red dot appears, open a trade down. How to open trades on Forex. When a signal is rec
The Th3Eng PipFinite indicator is based on a very excellent analysis of the right trend direction with perfect custom algorithms. It show the true direction and the best point to start trading. With StopLoss point and Three Take Profit points. Also it show the right pivot of the price and small points to order to replace the dynamic support and resistance channel, Which surrounds the price. And Finally it draws a very helpful Box on the left side on the chart includes (take profits and Stop loss
Noize Absorption Index MT4
Ekaterina Saltykova
5 (1)
Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation. S
Trendiness Index
Libertas LLC
5 (3)
"The trend is your friend" is one of the best known sayings in investing, because capturing large trendy price movements can be extremely profitable. However, trading with the trend is often easier said than done, because many indicators are based on price reversals not trends. These aren't very effective at identifying trendy periods, or predicting whether trends will continue. We developed the Trendiness Index to help address this problem by indicating the strength and direction of price trend
Quantum Heiken Ashi PRO MT4
Bogdan Ion Puscasu
4.43 (7)
Introducing the   Quantum Heiken Ashi PRO charts with alerts Designed to provide clear insights into market trends, the Heiken Ashi candles are renowned for their ability to filter out noise and eliminate false signals. Say goodbye to confusing price fluctuations and hello to a smoother, more reliable chart. What makes the Quantum Heiken Ashi PRO truly unique is its innovative formula, which transforms traditional candlestick data into easy-to-read colored bars. Red and green bars elegantly hig
Master Scalping M1 is an innovative indicator that uses an algorithm to quickly and accurately determine the trend.The indicator calculates the time of opening and closing positions, the indicator's algorithms allow you to find the ideal moments to enter a deal (buy or sell an asset), which increase the success of transactions for most traders. Benefits of the indicator: Easy to assemble, does not overload the chart with unnecessary information. Can be used as a filter for any strategy. Works on
Riko Trend
Nadiya Mirosh
The Riko Trend indicator is a revolutionary trend trading and filtering solution with all the important features of a trend tool built into one tool! The Riko Trend indicator is good for any trader, suitable for any trader for both forex and binary options. You don’t need to configure anything, everything is perfected by time and experience, it works great during a flat and in a trend. The Riko Trend indicator is a technical analysis tool for financial markets that reflects the current price
Daily Candle Predictor is an indicator that predicts the closing price of a candle. The indicator is primarily intended for use on D1 charts. This indicator is suitable for both traditional forex trading and binary options trading. The indicator can be used as a standalone trading system, or it can act as an addition to your existing trading system. This indicator analyzes the current candle, calculating certain strength factors inside the body of the candle itself, as well as the parameters of
PipFinite Exit EDGE
Karlo Wilson Vendiola
4.88 (161)
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
ZhiBiCCI MT4
Qiuyang Zheng
5 (1)
[ZhiBiCCI] indicators are suitable for all cycle use, and are also suitable for all market varieties. [ZhiBiCCI] Green solid line is a reversal of bullish divergence. The green dotted line is a classic bullish divergence. [ZhiBiCCI] The solid line to the red is a reverse bearish divergence. The red dotted line is a classical bearish divergence. [ZhiBiCCI] can be set in the parameters (Alert, Send mail, Send notification), set to (true) to send instant signals to the alarm window, email, in
Trade with Gann on your side!! MASTER CIRCLE 360 CIRCLE CHART, originally created by Gann admitted that this is “The Mother of all charts”. It is one of the last studies that this great trader left for us. The numeric tab le is apparently quite simple like all the tables and is based on square numbers, the SQUARE OF 12 and is by evolution, one of the most important square numbers. Here we can find CYCLE, PRICE AND TIME thanks to angles and grades, to show past and future support and resistance.
Stepping Trend
Mpendulo Chiliza
The Stepping Trend Indicator     The Steppi ng Trend indicator uses the  average true range  (ATR indicator) in its calculation. This gives you control to set your own average true range period, I set the Default as 10.   Indicator Details. Green Arrow Up: This means you are at the starting point of a new bullish trend, it’s time to buy.   Red  Arrow  Down : This means you are at the starting point of a new  bearish  trend, it’ s time to sell .   What if you miss the Arrow Signal?   No
Forex Gump
Andrey Kozak
2.83 (6)
Forex Gump is a fully finished semi-automatic trading system. In the form of arrows, signals are displayed on the screen for opening and closing deals. All you need is to follow the instructions of the indicator. When the indicator shows a blue arrow, you need to open a buy order. When the indicator shows a red arrow, you need to open a sell order. Close orders when the indicator draws a yellow cross. In order to get the most effective result, we recommend using the timeframes H1, H4, D1. There
PipFinite Trend PRO
Karlo Wilson Vendiola
4.9 (2780)
Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa
Cosmic Diviner X Planet
Olena Kondratenko
4 (2)
This unique multi-currency strategy simultaneously determines the strength of trends and market entry points, visualizing this using histograms on the chart. The indicator is optimally adapted for trading on the timeframes М5, М15, М30, Н1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (TP1, TP2 with text labels) and the recommended Stop Loss level. The take profit levels (TP1, TP2) are automatically calculated for
5 signal in 1  Product     TimeFrame   Recommend   1m-5m recommend  signal   TF  5m    Banks Pro Binary Option is Indicator for binary option Can Use Manaul Trade or Robot on Platform  Mt2Trading  https://www.mt2trading.com/?ref=104    Time Trading   good work  EU session    Recommend  Curency   EUR  GBP USD        careful   AUD JPY      Recommend  Martingale 2-5 Step   Recommend  set profit  2%-5%/Day Setting Brake  News Event High volatility   recommend  15-30 min Have Problem Contract
For sure, this indicator has become very popular amongst traders. Through coding this indicator will give you the most accurate levels possible for your trading analysis. We have also added in the ability for you to receive alerts when the price breaks above or below a Support or Resistance lines! HOW TO USE The red rectangles represent your resistance/supply zone. The green rectangles represent your support/demand zone.  BONUS FEATURES We coded this indicator with the ability to switch between
HMA Trend Professional MT4
Pavel Zamoshnikov
4.57 (7)
Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyz
The indicator displays the data of the Stochastic oscillator from a higher timeframe on the chart. The main and signal lines are displayed in a separate window. The stepped response is not smoothed. The indicator is useful for practicing "manual" forex trading strategies, which use the data from several screens with different timeframes of a single symbol. The indicator uses the settings that are identical to the standard ones, and a drop-down list for selecting the timeframe. Indicator Parame
PABT Pattern Indicator - it's classical system one of the signal patterns. Indicator logic - the Hi & Lo of the bar is fully within the range of the preceding bar, look to trade them as pullback in trend. In the way if indicator found PABT pattern it's drawing two lines and arrow what showing trend way.  - First line - it's entry point and drawing at: 1. On the high of signal bar or on middle of the signal bar (depending from indicator mode) for buy; 2. On the low of signal bar or on middle of t
Fourteen plus nine TD Sequential
MOHAMMED IMAD HUSSEIN BASSEE
Fourteen plus nine What is it for? Applying Tom DeMark’s TD Sequential serves the purpose of identifying a price point where an uptrend or a downtrend exhausts itself and reverses. . What are the main components of TD Sequential? TD Sequential has two parts – TD Setup and TD Countdown. The first phase of TD Sequential starts with a TD Setup and is completed with a 9 count. When the 9 count is completed, it is at that point, a price pause, price pullback, or reversal is likely. It is also at tha
Fibonacci retracement and extension line drawing tool Fibonacci retracement and extended line drawing tool for MT4 platform is suitable for traders who use  golden section trading Advantages: There is no extra line, no too long line, and it is easy to observe and find trading opportunities Trial version: https://www.mql5.com/zh/market/product/35884 Main functions: 1. Multiple groups of Fibonacci turns can be drawn directly, and the relationship between important turning points
TWO PAIRS SQUARE HEDGE METER INDICATOR Try this brilliant 2 pairs square indicator It draws a square wave of the relation between your two inputs symbols when square wave indicates -1 then it is very great opportunity to SELL pair1 and BUY Pair2 when square wave indicates +1 then it is very great opportunity to BUY pair1 and SELL Pair2 the inputs are : 2 pairs of symbols         then index value : i use 20 for M30 charts ( you can try other values : 40/50 for M15 , : 30 for M30 , : 10 for H1 ,
Advance Currency Meter is a currency meter that detects strong market trends. This indicator is good for scalping, intraday trading and swing trading. The indicator will detect short term to long term market trends. This will give you good insight which currencies are best to trade as of the moment. Note : Kindly contact me before you make any purchases. Works well with my MACD Currency Strength Meter
Chart Patterns Detect 15 patterns (Ascending Triangle, Descending Triangle, Rising Wedge, Falling Wedge, Bullish Flag, Bearish Flag, Bullish Rectangle, Bearish Rectangle Symmetrical triangle, Head and Shoulders, Inverted Head and Shoulders, Triple top, Triple Bottom, Double Top, Double Bottom) Use historical data to calculate the probability of each pattern to succeed (possibility to filter notification according to the chance of success) gives graphic indication about the invalidation level and
This indicator is another variant of the famous powerful indicator Fibonacci-SS https://www.mql5.com/en/market/product/10136 but has different behaviour in placing Pending Order and TP Line. Automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with: An auto Pending Order (Buy/Sell). Taking Profit 1, Taking Profit 2 is pivot point and Taking Profit 3 for extended reward opportunity. The best risk and reward ratio. Simple and powerful indica
Insider Scalper Binary This tool is designed to trade binary options. for short temporary spends. to make a deal is worth the moment of receiving the signal and only 1 candle if it is m1 then only for a minute and so in accordance with the timeframe. for better results, you need to select well-volatile charts.... recommended currency pairs eur | usd, usd | jpy .... the indicator is already configured, you just have to add it to the chart and trade .... The indicator signals the next can
This innovative indicator for measuring the strength of currencies from INFINITY is an indispensable assistant for scalpers and traders trading for a long time. The system for analyzing the Strength / weakness of currencies has long been known and used in the market by the world's leading traders. Any arbitrage trading is not complete without this analysis. Our indicator easily determines the strength of the base currencies in relation to each other. It displays line charts for all or the curren
Buyers of this product also purchase
PLEASE READ THE INFO DOWN BELOW BEFORE PURCHASING THE PRODUCT! Apollo Pips PLUS SP is a unique product!  IT IS FOR THOSE WHO WANT TO GET MY NEW "APOLLO PIPS" INDICATOR PLUS "SUPER PACK" BONUS WITH ACCESS TO ALL MY TRADING INDICATORS! By purchasing the Apollo Pips PLUS SP product you're actually purchasing an absolutely new version of my Apollo Pips indicator. This version of the indicator has got an improved algorithm and an easy to use parameter which gives you the opportunity to use the indica
Atomic Analyst
Issam Kassas
5 (3)
First of all Its worth emphasizing here that this Trading Indicator is   Non-Repainting , Non Redrawing and Non Lagging Indicator   Indicator, Which makes it ideal from both manual and robot trading.  User manual: settings, inputs and strategy . The Atomic Analyst  is a PA Price Action Indicator that uses Strength and Momentum of the price to find a better edge in the market. Equipped with Advanced filters which help remove noises and false signals, and Increase Trading Potential. Using Multipl
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
Currently 20% OFF ! Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the e
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $189! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Up
NAM Order Blocks
NAM TECH GROUP, CORP.
5 (1)
MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
Enigmera
Ivan Stefanov
5 (4)
ENIGMERA: The core of the market (If the demo of mql5.com doesn't working and you want to try Enigmera please message me.) Introduction This indicator and trading system is a remarkable approach to the financial markets . ENIGMERA uses the fractal cycles to accurately calculate support and resistance levels. It shows the authentic accumulation phase and gives direction and targets.  A system that works whether we are in a trend or a correction.   How does it operate? ENIGMERA comprises of fol
PZ Trend Trading
PZ TRADING SLU
4.8 (5)
Capture every opportunity: your go-to indicator for profitable trend trading Special Offer: Purchase now to receive free bonuses worth $159! (Read more for details) Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial
TPSpro RFI Levels
Roman Podpora
4.83 (24)
Reversal First Impulse levels (RFI)    INSTRUCTIONS        RUS       -       ENG              R ecommended to use with an indicator   -   TPSpro  TREND PRO -  Version MT5 A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Main functions: Displaying activ
Connect Indicator
Sukunthakan Ngernbamrung
Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
XQ Indicator MetaTrader 4
Marzena Maria Szmit
3.67 (3)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
Gann Time Clusters
Martin Eshleman
2.5 (2)
Gann Time Clusters Indicator This indicator is based on W. D. Gann's Square of 9 method for the time axis. It uses past market reversal points and applies the mathematical formula for Gann's Square of 9 and then makes projections into the future. A date/time where future projections line up is called a 'time cluster'. These time clusters are drawn as vertical lines on the right side of the chart where the market has not advanced to yet. A time cluster will result in a market reversal point (ex.
Ultimate Sniper Dashboard
Hispraise Chinedum Abraham
4.85 (27)
Currently on massive July Discount! Prices will increase in the future! Read description below! Once you purchase, send a message to my inbox for manual and starter kit. Best Entry System for Ultimate Sniper Dashboard: ULTIMATE DYNAMIC LEVELS. (Please Check my products) The Ultimate Sniper Dashboard ONLY works on live markets due to MT4 multicurrency testing limits. Introducing the Ultimate-Sniper Dashboard! Our very best which contains both HA-Sniper, MA-Sniper. and many special modes. The 
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
Cycle Sniper
Elmira Memish
4.41 (39)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
The indicator is designed to work on any trading platform. The program is based on proprietary algorithms and W.D.Ganna's mathematics, allowing you to calculate target levels of price movement based on three points with the highest degree of certainty. It is a great tool for stock trading. The indicator has three buttons: NEW - call up a triangle for calculation. DEL - delete the selected triangle. DELS - completely remove all constructions. The probability of achieving the goals is more than 80
AT Forex Indicator MT4
Marzena Maria Szmit
5 (3)
The AT Forex Indicator MT4 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This   powerful indicator   simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses   advanced algorithms   to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliabl
PZ Mean Reversion MT4
PZ TRADING SLU
2.33 (3)
Outperform traditional strategies: effective mean reversion for savvy traders Special Offer: Purchase now to receive free bonuses worth $159! (Read more for details) Unique indicator that implements a professional and quantitative approach to mean reversion trading. It capitalizes on the fact that the price diverts and returns to the mean in a predictable and measurable fashion, which allows for clear entry and exit rules that vastly outperform non-quantitative trading strategies. [ Installati
Reversal Sniper
Elmira Memish
5 (3)
Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool.  However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal  Sniper  Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
ECM Channel MT4
Paulo Rocha
5 (1)
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
TrendMaestro
Stefano Frisetti
5 (3)
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
This product is based on the methodologies of Gann, his follower Don E. Hall. The Indicator builds a working view grid, which is used to analyze graphics. The Pyrapoint tool, developed by Don Hall, is a grid based on the Pythagorean cube. In his calculations he uses the Gann Square 9 methodology and the relationship between Price and Time. This tool is used to predict changes in trend and overall market actions. More information about the method   HERE
Dragon Multi Indicator MT4
Mansour Babasafary
5 (4)
3 Indicators in 1 indicator Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This indicator is basically 3 different indicatos . But we have combined these 3 indicators in 1 indicator so that you can use 3 indicators at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : No repaintin
Max Paynex
Abdulkarim Karazon
Max Payne is a reversal/trend signal indicator that gives signals in a form of an arrow, this indicator gives its signal on same bar close, this indicator can dropped multiple times on the chart with different periods to get double/triple confirmation of signals the indicator is highly adjustable to fit any trading style while it never repaints or back paint, you will get the full system shown in screenshots after purchase along side used templates. ----------------- How to trade : wait until y
[V 1.20] MTF NRPA 5 Moving Average RTD has been released! Non repaint arrow real time dashboard. If you are looking for the best moving average indicator then you are on the right page. Generally people will install two moving averages because the intersection of the two moving averages (the crossover) will determine the direction of the next price trend. If the fast moving average intersects with the slow moving average and fast > slow then the trend is up. Conversely, if the fast moving avera
JULY OFFER 80% OFF next price for unlimited version will be 17000$. This is the only time you can get this institutional and professional indicator at this price for unlimited version. Don't dare to miss this. The tool I am about to introduce to you you can't compare it with other tools due to its strategy and accuracy level in predicting the next price directional movement . This tool is designed for serious traders who have decided to make a difference through trading. Be the next person to wi
More from author
TrueVolumeSurrogate MT5
Stanislav Korotky
5 (1)
This indicator provides a true volume surrogate based on tick volumes. It uses a specific formula for calculation of a near to real estimation of trade volumes distribution , which may be very handy for instruments where only tick volumes are available. Please note that absolute values of the indicator do not correspond to any real volumes data, but the distribution itself, including overall shape and behavior, is similar to real volumes' shape and behavior of related instruments (for example, c
WalkForwardOptimizer MT5
Stanislav Korotky
3.86 (7)
WalkForwardOptimizer library allows you to perform rolling and cluster walk-forward optimization of expert advisers (EA) in MetaTrader 5. To use the library include its header file WalkForwardOptimizer.mqh into your EA source code, add call provided functions as appropriate. Once the library is embedded into EA, you may start optimization according to the procedure described in the User guide . When it's finished, intermediate results are saved into a CSV file and some special global variables.
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The indicator OrderBook Cumulative Indicator accumulates market book data online and visualizes them on the chart. In addition, the indicator can show the market
AutomaticZigZag
Stanislav Korotky
4.67 (3)
This is a non-parametric ZigZag providing 4 different methods of calculation. Upward edge continues on new bars while their `highs` are above highest `low` among previous bars, downward edge continues on next bars while their `lows` are below lowest `high` among previous; Gann swing: upward edge continues while `highs` and `lows` are higher than on the left adjacent bar, downward edge continues while `highs` and `lows` are lower than on the left adjacent bar. Inside bars (with lower `high` and
FREE
RenkoFromRealTicks
Stanislav Korotky
4.67 (3)
This non-trading expert utilizes so called custom symbols feature ( available in MQL API as well) to build renko charts based on history of real ticks of selected standard symbol. RenkoFromRealTicks generates custom symbol quotes, thus you may open many charts to apply different EAs and indicators to the renko. It also transmits real ticks to update renko charts in real time. The generated renko chart uses M1 timeframe. It makes no sense to switch the renko chart to a timeframe other than M1. T
Time And Sales Layout indicator shows traded buy and sell volumes right on the chart. It provides a graphical representation of most important events in the time and sales table. The indicator downloads and processes a history of real trade ticks. Depending from selected depth of history, the process may take quite some time. During history processing the indicator displays a comment with progress percentage. When the history is processed, the indicator starts analyzing ticks in real time. The l
VolumeDeltaWaves
Stanislav Korotky
5 (1)
This indicator is an extended implementation of Weis waves. It builds Weis waves on absolute volumes (which is the classical approach) or delta of volumes (unique feature) using different methods of wave formation and visualization. It works with real volumes, if available, or with tick volumes otherwise, but also provides an option to use so called "true volume surrogates", as an artificial substitution for missing real volumes (for example, for Forex symbols), which was introduced in correspo
OrderBook History Library
Stanislav Korotky
3 (2)
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The library OrderBook History Library reads market book state in the past from archive files, created by OrderBook Recorder . The library can be embedded into you
CustomVolumeDelta
Stanislav Korotky
4.5 (2)
This indicator displays volume delta (of either tick volume or real volume) encoded in a custom symbol, generated by special expert advisers, such as RenkoFromRealTicks . MetaTrader does not allow negative values in the volumes, this is why we need to encode deltas in a special way, and then use CustomVolumeDelta indicator to decode and display the deltas. This indicator is applicable only for custom instruments generated in appropriate way (with signed volumes encoded). It makes no sense to ap
FREE
ReturnAutoScale
Stanislav Korotky
5 (2)
The indicator calculates running total of linear weighted returns. It transforms rates into integrated and difference-stationary time series with distinctive buy and sell zones. Buy zones are shown in blue, sell zones in red. Parameters: period - number of bars to use for linear weighted calculation; default value - 96; smoothing - period for EMA; default value - 5; mode - an integer value for choosing calculation mode: 0 - long term trading; 1 - medium term trading; 2 - short term trading; defa
FREE
This is a non-trading expert which transforms unstructured web-pages into structured data tables. It downloads and parses an HTML file, then creates DOM ( Document Object Model ) for it, and finally applies specified CSS ( Cascading Style Sheets ) selectors for required fields and extracts data for them. You may consider it as a powerful and highly customizable HTML to CSV ( Comma-Separated Values ) converter. The EA can process web-pages from remote sites (using MetaTrader's WebRequest ) or loc
ADXS
Stanislav Korotky
5 (3)
Ever wondered why standard ADX is made unsigned and what if it would be kept signed? This indicator gives the answer, which allows you to trade more efficient. This indicator calculates ADX values using standard formulae, but excludes operation of taking the module of ADX values, which is forcedly added into ADX for some reason. In other words, the indicator preserves natural signs of ADX values, which makes it more consistent, easy to use, and gives signals earlier than standard ADX. Strictly s
SOMFX1Predictor
Stanislav Korotky
If you like trading by candle patterns and want to reinforce this approach by modern technologies, this indicator and other related tools are for you. In fact, this indicator is a part of a toolbox, that includes a neural network engine implementing Self-Organizing Map (SOM) for candle patterns recognition, prediction, and provides you with an option to explore input and resulting data. The toolbox contains: SOMFX1Builder  - a script for training neural networks; it builds a file with generalize
FreqoMaster
Stanislav Korotky
The main idea of this indicator is rates analysis and prediction by Fourier transform. The indicator decomposes exchange rates into main harmonics and calculates their product in future. The indicator shows 2 price marks in history, depicting price range in the past, and 2 price marks in future with price movement forecast. Buy or sell decision and take profit size are displayed in a text label in the indicator window. The indicator uses another indicator as an engine for calculations - FreqoMet
OrderBook Utilities is a script, which performs several service operations on order book hob-files, created by OrderBook Recorder . The script processes a file for work symbol of the current chart. The file date is selected by means of the input parameter CustomDate (if it's filled in) or by the point where the script is dropped on the chart. Depending from the operation, useful information is written into the log, and optionally new file is created. The operation is selected by the input parame
FREE
WalkForwardDemo MT5
Stanislav Korotky
4 (2)
WalkForwardDemo is an expert adviser (EA) demonstrating how the built-in library WalkForwardOptimizer (WFO) for walk-forward optimization works. It allows you to easily optimize, view and analyze your EA performance and robustness in unknown trading conditions of future. You may find more details about walk-forward optimization in Wikipedia . Once you have performed optimization using WFO, the library generates special global variables (saved in an "archived" file with GVF-extension) and a CSV-f
FREE
HZZM
Stanislav Korotky
3.25 (4)
This is an adaptive ZigZag based on modification of  HZZ indicator (original source code is available in this article ). Most important changes in this version: two additional indicator buffers added for zigzag evolution monitoring - they show cross signs at points where zigzag direction first changes; zigzag range (H) autodetection on day by day basis; time-dependent adjustment of zigzag range. Parameters: H - zigzag range in points; this parameter is similar to original HZZ, but it can take 0
FREE
RenkoChartsDemo
Stanislav Korotky
This is a demo version of a non-trading expert , which utilizes so called the custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place the EA on a chart of a working instrument. The lesser timeframe of the source chart is, the more precise resulti
FREE
WalkForwardBuilder MT5
Stanislav Korotky
5 (1)
This script allows performing a walk-forward analysis of trading experts based on the data collected by the WalkForwardLight MT5 library. The script builds a cluster walk forward report and rolling walk forward reports that refine it, in the form of a single HTML page. This script is optional, as the library automatically generates the report immediate after the optimization in the tester is complete. However, the script is convenient because it allows using the same collected data to rebuild th
FREE
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker in real time. The expert OrderBook Recorder records market book changes and stores them in local files for further usage in indicators and expert adviser, including testing in the tester. The expert stores market book
FREE
PointsVsBars
Stanislav Korotky
This indicator provides a statistical analysis of price changes (in points) versus time delta (in bars). It calculates a matrix of full statistics about price changes during different time periods, and displays either distribution of returns in points for requested bar delta, or distribution of time deltas in bars for requested return. Please, note, that the indicator values are always a number of times corresponding price change vs bar delta occurred in history. Parameters: HistoryDepth - numbe
FREE
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. This expert adviser OrderBook History Playback allows you to playback the market book events on the history using files, created by OrderBook Recorder . The exper
FREE
Comparator
Stanislav Korotky
4.25 (8)
This indicator compares the price changes during the specified period for the current symbol and other reference symbol. It allows to analyze the similar movements of highly correlated symbols, such as XAUUSD and XAGUSD, and find their occasional convergences and divergences for trading opportunities. The indicator displays the following buffers: light-green thick line - price changes of the current symbol for TimeGap bars; light-blue thin line - price changes of the reference symbol ( LeadSymbo
FREE
SOMFX1Builder
Stanislav Korotky
5 (1)
If you like trading by candle patterns and want to reinforce this approach by modern technologies, this script is for you. In fact, it is a part of a toolbox, that includes a neural network engine implementing Self-Organizing Map (SOM) for candle patterns recognition, prediction, and provides you with an option to explore input and resulting data. The toolbox contains: SOMFX1Builder  - this script for training neural networks; it builds a file with generalized data about most characteristic pric
FREE
Year2Year
Stanislav Korotky
This indicator shows price changes for the same days in past years. D1 timeframe is required. This is a predictor indicator that finds D1 bars for the same days in past 8 years and shows their relative price changes on the current chart. Parameters: LookForward - number of days (bars) to show "future" price changes; default is 5; Offset - number of days (bars) to shift back in history; default is 0; ShowAverage - mode switch; true - show mean value for all 8 years and deviation bounds; false - s
FREE
ADXSignal
Stanislav Korotky
Classical ADX revamped to provide faster and more solid trading signals. This indicator calculates ADX values using standard formulae, but excludes operation of taking the module of ADX values, which is forcedly added into ADX for some reason. In other words, the indicator preserves natural signs of ADX values, which makes it more consistent, easy to use, and gives signals earlier than standard ADX. Strictly speaking, any conversion to an absolute value destroys a part of information, and it mak
Mirror
Stanislav Korotky
This indicator predicts rate changes based on the chart display principle. It uses the idea that the price fluctuations consist of "action" and "reaction" phases, and the "reaction" is comparable and similar to the "action", so mirroring can be used to predict it. The indicator has three parameters: predict - the number of bars for prediction (24 by default); depth - the number of past bars that will be used as mirror points; for all depth mirroring points an MA is calculated and drawn on the ch
If you like trading crosses (such as AUDJPY, CADJPY, EURCHF, and similar), you should take into account what happens with major currencies (especially, USD and EUR) against the work pair: for example, while trading AUDJPY, important levels from AUDUSD and USDJPY may have an implicit effect. This indicator allows you to view hidden levels, calculated from the major rates. It finds nearest extremums in major quotes for specified history depth, which most likely form resistence or support levels, a
EvoLevels
Stanislav Korotky
The indicator displays most prominent price levels and their changes in history. It dynamically detects regions where price movements form attractors and shows up to 8 of them. The attractors can serve as resistance or support levels and outer bounds for rates. Parameters: WindowSize - number of bars in the sliding window which is used for detection of attractors; default is 100; MaxBar - number of bars to process (for performance optimization); default is 1000; when the indicator is called from
This is an intraday indicator that uses conventional formulae for daily and weekly levels of pivot, resistance and support, but updates them dynamically bar by bar. It answers the question how pivot levels would behave if every bar were considered as the last bar of a day. At every point in time, it takes N latest bars into consideration, where N is either the number of bars in a day (round the clock, i.e. in 24h) or the number of bars in a week - for daily and weekly levels correspondingly. So,
Filter:
No reviews
Reply to review
Version 1.6 2021.11.23
Recompilation.
Version 1.5 2014.08.20
Added an option to generate alerts. It's enabled by setting new parameter Alarm to a value greater than 0. When signal level exceeds the threshold, a message is shown with symbol name and timeframe, where the signal was originated. For each symbol-timeframe pair alert may happen only once on a bar.
Version 1.4 2014.08.12
- Fixed synchronization of different timeframes for Offset larger than 0.
- Fixed signal generation for non-Forex instruments (with names which do not contain base currency).
Version 1.3 2014.07.18
Fixed problems occured when the number of instruments was less than 8.
Version 1.2 2014.07.16
New parameters added:
- BarByBar - enable/disable bar by bar processing; default - true; when it's false, the indicator re-calculates on every tick;
- Offset - bar number, where analysis is performed; default - 0, i.e. the latest bar; if BarByBar is true, instead of 0-th bar, bar 1 is used, because it's the latest completed bar;
- Background - enable/disable background displaying for all objects; default - true, and objects are created "under" the chart, so nothing is obscured.
Version 1.1 2014.07.08
- Fixed a problem with incorrect calculations (occured when the number of instruments was less than 8).
- Added FontSize parameter (default - 10).