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Wall of worry

Description:

The Wall of Worry indicator allows you to assess market sentiment and possible reversals. The indicator represents three lines that are displayed in a separate window.

Black line (trend) - the amount of volumes in the candle body.

Red line (bears) - the amount of volumes in the upper shadow of the candlestick.

Blue line (bulls) - the amount of volumes in the lower shadow of the candle.

The idea is based on "Wall of Worry" - this is the periodic tendency of financial markets to overcome many negative factors and continue to grow.

The indicator is calculated based on tick volumes in the terminal. Then they are converted into horizontal volumes, then the lines themselves are calculated.

Input parameters:

Display_Bars = 500 - the number of displayed bars (at 0, all are displayed, but not always because it depends on the depth of history).
MAPeriod = 10 - period for calculating the moving average
Accuracy = 20 - calculation accuracy. The higher, the more accurate, but at the same time the load on the processor increases.

It can be used to determine:

- trend direction;

- identification of potential reversal points;

- the prevalence of market sentiment.


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Illia Zhavarankau
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This indicator combines several functionalities: Value Zone Displays two exponential moving averages (EMAs): 13-period EMA in red. 22-period EMA in blue. Impulse System (based on Dr. Alexander Elder's methodology) Candles are color-coded to indicate trade restrictions: Red candles prohibit buying. Green candles prohibit selling. Blue candles allow both buying and selling. Recommended for use on two timeframes for enhanced analysis. 3x ATR Channel A channel based on 3 times the ATR (Average True
Price deviation from MA The indicator in a separate window displays the value of the price deviation ( % ) from the specified value of the Moving Average . It can be used both for fixing positions and opening new positions. Input parameters: 1. The averaging period for calculating the moving average. 2. Averaging method. It can be any of the ENUM_MA_METHOD values: MODE_SMA - Simple averaging; MODE_EMA - Exponential averaging; MODE_SMMA - Smoothed averaging; MODE_LWMA - Linear weighted averaging.
Least Square MA Description: The Least Square Moving Average indicator allows you to assess the direction of the market movement and its possible reversals. The indicator is a line that is displayed in the price window. Input parameters: LSMA_Period - the period for calculating the moving average using the least squares method; Prediction - the number of candles used to construct the predicted moving average using the least squares method, provided that its rate (falling or growing remains); Dis
Description: The Wall of Worry indicator allows you to assess market sentiment and possible reversals. The indicator represents three lines that are displayed in a separate window. Black line (trend) - the amount of volumes in the candle body. Red line (bears) - the amount of volumes in the upper shadow of the candlestick. Blue line (bulls) - the amount of volumes in the lower shadow of the candle. The idea is based on "Wall of Worry" - this is the periodic tendency of financial marke
Combo OsMA MT5
Illia Zhavarankau
This indicator combines two tools:   MACD   and   OsMA . MACD   is displayed as two lines: The   black line   represents the main MACD line. The   orange line   represents the MACD signal line. OsMA Histogram   is shown in two colors: Green bars   indicate growth. Red bars   indicate decline. You can customize the line colors and thickness in the settings. This indicator serves as an addition to the   Combo View Impulse System   indicator but can also be used independently. Parameters: Fast EMA
This indicator combines several functionalities: Value Zone Displays two exponential moving averages (EMAs): 13-period EMA   in red. 22-period EMA   in blue. Impulse System   (based on Dr. Alexander Elder's methodology) Candles are color-coded to indicate trade restrictions: Red candles   prohibit buying. Green candles   prohibit selling. Blue candles   allow both buying and selling. Recommended for use on   two timeframes   for enhanced analysis. 3x ATR Channel A channel based on 3 times the AT
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Version 1.1 2021.09.16
Исправлены некоторые опечатки, оптимизирован код индикатора.