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TricolorEMA

The indicator compares with the Difer constant the ClosePrice difference between the offset point Point1 and Bar1 (the last closed bar).
If the value is positive and exceeds Difer, then the Blue line is drawn, which corresponds to the UP-trend.
If the value is negative and exceeds Difer, the Magenta line is drawn, which corresponds to the DN-trend.
The absence of trend (Flat) is indicated by the color Yellow.
   You can also trade by crossing the fast and slow MA. This option is preferable for scalping.
You can also generate a signal taking into account the color of the main MA (and the intersection of the fast MA), taking into account the position relative to the MA of the opening price of a new bar. This option is preferable for medium and long term trading.
    The indicator uses the EMA calculation formula, it quickly reacts to price changes, but it also captures more noise. Be careful. When moving sideways with a small amplitude, MA signals should not always be trusted.

    I have been using this indica 2
tor for over 15 years and it still has not lost its relevance, it is used more often than others. Tricolor is suitable for both long-term trading and scalping. It is equally good for manual trading and for expert advisors.

Input parameters

  • MA_Shift = Indicator line shift periods
  • MA_Period = Main MA averaging periods
  • Point1 Ofset= Periods Offset Point1
  • Differ = Number of points. Compares with the price difference Bar1 - Point1
  • FastPeriod = Fast MA averaging periods

For developers

Buffer map:
  0 - main MA
  1 - fast MA
  2 - UP-sector
  3 - DN-sector
  4 - Signal buffer.

Buffer4, index layout:
  index0: value 0 = Flat, value 1 = UP, value 2 = DN
  index1: Point1 price
  index2: price of Bar1
  index3: price difference Bar1 - Point1 (pips)

If you are writing a robot for yourself, then you know what to do.
If you are writing a robot for selling on the Market, then import the indicator file into the advisor file using the #resource directive
Or read the editor's built-in help.


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FX Levels: Exceptionally Accurate Support & Resistance for All Markets Quick Overview Looking for a reliable way to pinpoint support and resistance levels across any market—currencies, indices, stocks, or commodities? FX Levels merges our traditional “Lighthouse” method with a forward-thinking dynamic approach, offering near-universal accuracy. By drawing from real-world broker experience and automated daily plus real-time updates, FX Levels helps you identify reversal points, set profit targe
Trend Oscillator for MT4
Nicola Capatti
5 (1)
Indicators
Trend Oscillator: Smooth and Reliable Market Trend Identification Trend Oscillator is an advanced MT4 indicator designed to assist traders in accurately identifying trend direction and potential reversal points. With an intuitive visual representation, this indicator clearly shows when the market is in an uptrend or downtrend, simplifying analysis and improving chart readability. It is suitable for a wide range of markets and timeframes, offering great flexibility for diverse trading needs. Key
Linear Trend Predictor
Vitalyi Belyh
Indicators
Linear Trend Predictor - A trend indicator that combines entry points and direction support lines. It works on the principle of breaking through the High/Low price channel. The indicator algorithm filters market noise, takes into account volatility and market dynamics. Indicator capabilities Using smoothing methods, it shows the market trend and entry points for opening BUY or SELL orders. Suitable for determining short-term and long-term market movements by analyzing charts on any timeframes.
Best Currency Strength Indicator
Tumelo Patrick Rakotsoane
4.5 (46)
Indicators
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries eco
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ChartFormat for you
Vasyl Temchenko
Utilities
This little script will brighten your life. Below is its code, you can insert it into OnInit of any robot. Or change the colors and scale to suit your taste #property copyright "V.Temchenko Skype:vasily.temchenko" #property link        " Mailto:tvp.prog.96 @gmail.com" #property version    "1.00" #property strict #property description    "Have questions? Skype: vasily.temchenko Viber: +38098 800-6-800" ; #property description    "If the voice - only Russian, Ukrainian or Belarusian" ; #property
FREE
OneClick TradePanel
Vasyl Temchenko
Experts
Indicatorless robot with a graphical interface . Automatic, semi-automatic and manual trading. Dozens of settings options - from conservative long-term trading to aggressive grid martingale. Intuitive interface, easy customization. Full controllability in the tester's visual mode. Smart trailing stop by distance and levels with separate parameters for the first (most profitable) and subsequent trades. The trailing distance dynamically increases with the profit growth. But, if the movement stops,
MultiTF trend function
Vasyl Temchenko
Indicators
This is a function in the indicator shell. Generates a trading signal for a specified number of TFs (from 1 to 4). The indicators supplied with the terminal are not used . The basic calculation is made using the MACD formula , but using a modified third generation EMA (responds more quickly to a sudden change in trend). In addition, the function: - draws two bands showing the strength of the trend. - detects the moment of trend change to the opposite one and informs about it with an alert
MarketMonitor
Vasyl Temchenko
Indicators
The application displays data from several dozen pairs on one sheet. This allows you to quickly identify promising pairs for trading.  There is no need to open and analyze dozens of charts, you will only open 3-4-5 charts and exactly the ones that need to be analyzed. See in "Comments"  full size picture. The menu can be set from 1 to 30 symbols. If this is not enough, then you can add an unlimited number through the graphical interface. You can also delete unnecessary pairs there. The GUI also
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