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Knight

1

This indicator shows the market entry and exit points.

It is good for both beginners and professional traders.

The product works on any timeframe and financial instrument.

The indicator is designed for scalping.

It does not redraw.

It is based on the divergence between two moving averages, which have a special smoothing algorithm.

The first moving average is colored in Magenta. It indicates the general movement of the trend.

The second moving average is colored in LawnGreen. It appears on the chart, when mode = true. This line is a combination of the difference between several moving averages, similar to the algorithm of Awesome Oscillator. It is not limited to that, as the differences here consist of movements that have a special smoothing algorithm.

In addition, the combination of moving averages differs from the combination of Awesome Oscillator.

This makes the indicator faster and more efficient than Awesome Oscillator.

  • If the first moving average is moving upwards, while the second line moves downwards, it means a divergence that should be avoided.
  • If both moving averages move in the same direction, look for market entry opportunities.

White and blue arrows indicate the potential entry points.


Parameters

  • Bar - the number of bars for calculating the indicator
  • M - period of the moving averages
  • mode - mode parameters
    • If mode = true, the moving average is visible on the chart
    • If mode = false, the moving average is not displayed on the chart


How to set up

To change the parameters, right-click the chart, select Charts => Indicators List => Knight => Edit.

The indicator's window will appear. Set parameters.

Save the template: right-click on the chart, select Charts => Template => Save Template
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Indicadores
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Indicadores
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Indicadores
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Blahtech Supply Demand
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4.61 (33)
Indicadores
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5 (1)
Indicadores
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Asesores Expertos
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Indicadores
The indicator measures volumes on different charts and instruments. Its main advantage is the ability to compare separate brokers. The less Middle Volume and Tick / Second , the more reliable is the broker. There is a comment in the upper left corner Comment data: Tick/Second — number of ticks per second for a selected instrument Middle Volume — average volumes in the penultimate bar This indicator allows tracking a relative market activity for different timeframes. If the volumes are lower than
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Indicadores
BB St Dev BB St Dev is analogous to the Bollinger indicator. Upper and lower parts of the Bollinger channel are calculated by means of iStdDev . iStdDev is a standard indicator of МetaТrader 4. Moving average has a special smoothing algorithm. Settings M - period of Moving average BandsDeviations parameter - channel generation factor. Apart from classic Bollinger Bands, BandsDeviations can possess any value here. Visio parameter If Visio = False , this indicator will coincide with the Bollinger
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Asesores Expertos
This trading system ( Multi scalper EA) uses no indicators. The EA tracks positive and negative tick movements in real time. The program calculates the difference between highest and lowest price deviations and averages the results. If the averaging result exceeds price_slippage , it is replaced with the calculated value. If the tick volatility increases, then the value of price_slippage is also expected to rise. The EA calculates the differences between positive and negative price movements and
Merlin
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Indicadores
The algorithm of the indicator is based on the fact that the price is attracted to the slow moving average The same applies to a fast moving average that moves around a slow moving average These moving averages have a special smoothing algorithm. When the fast Moving average goes up and is below the slow Moving average, we have a potential signal to open a position-Buy entry When the fast Moving average goes down and is above the slow Moving average, we have a potential signal to open a positio
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maroonxy
2245
maroonxy 2021.10.04 21:30 
 

Repaints

Respuesta al comentario
Versión 2.2 2018.03.23
Added additional control of volumes /iVolume/
Versión 2.1 2018.03.15
Improved the algorithm of the indicator
The data are not received from the zero bar, the indicator does not redraw
Versión 2.0 2015.11.11
Added an additional filter on a WPR.