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The Shooting Stars indicator is designed to search for the Shooting Star and Hanging Man patterns on charts of any currency pairs. Features Displays 5 unidirectional candles. This indicator identifies the Shooting Star and Hanging Man patterns. Once a pattern is identified, the indicator shows a confirmation signal. It is possible to disable the alert and unnecessary graphical elements. It is also possible to adjust the number of bars in history, where the graphical elements of the indicator are
It is a simple indicator showing the moments of intersection of two Moving Averages, and it can be an indefensible tool for use in some trading systems. When the MAs intersect, the indicator draws arrows in accordance with the crossover direction and generates and alert. Indicator parameters Period Fast MA - fast Moving Average period; Period Slow MA - slow Moving Average period; Method MA - Moving Average method; Apply to - price used for MA calculation; Alert - alert; Number of history bars -
The indicator is a good tool for scalping. The entry points are defined using auxiliary indicators, such as Stochastic and Simple Moving Average. The indicator is represented by arrows showing the likely market direction. The signal appears right after the current candle close. Recommended parameters: Currency pair - any; Timeframe - no less than М5. Parameters Size of the indicator labe - graphical label size; The position of the indicator label (in points) - label position relative to the
This simple but useful script calculates the lot in % of the deposit. It is indispensable for risk management. There is only one customizable parameter: MaxRisk - risk in % for lot calculation. The product works as a standard script. Launch it once on an appropriate chart and start trading using the calculated lot value. Genious is simplicity! Happy trading