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Aroon Global

Description

A colored multicurrency/multisymbol indicator Aroon Global based on one of the twenty three standard indicators of MT4. The indicator consists of two lines: Aroon Up and Aroon Down.

The main function of the indicator is to predict the trend change. 

The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).

The indicator lines can be colored.


Purpose

The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:

  1. The bullish line of the indicator Aroon Up - buffer 0.
  2. The bearish line of the indicator Aroon Down - buffer 1.


Meaning of the Indicator Signals

The indicator may have multiple states depending on the mutual arrangement of its lines - Aroon Up and Aroon Down:

  1. When the lines reach extremes.
  2. When the lines stay in certain ranges.
  3. When there is a parallel movement of Aroon Up and Aroon Down.
  4. Crossing of Aroon Up and Aroon Down.

 So

  1. Extremes and lines in certain ranges:
    • When Aroon Up reaches 100, this may mean strengthening of the market.
    • If Aroon Up persistently stays between 70 and 100, a new uptrend is expected.
    • Similarly, if Aroon Up reaches zero, weakening of the market is expected.
    • If Aroon Up is between 0 and 30, a new downtrend is expected.
    • A strong downtrend is observed when Aroon Up persistently stays between 0 and 30, while Aroon Down persistently stays between 70 and 100.
  2. Parallel movement of Aroon Up and Aroon Down:
    • If the lines are parallel and close to each other, further strengthening of the trend can be expected.
  3. Intersection of the Lines:
    • When Aroon Down crosses Aroon Up from bottom upwards, market weakening is detected and price decrease should be expected.
    • When Aroon Up crosses Aroon Down from bottom upwards, potential market strengthening and price growth is expected.

The most reliable is the signal received on D1 interval compared to, for example, H1 interval.


Inputs

  1. Currency_Name - the name of the financial instrument.
  2. Calc_Method - the index of the indicator, based on which the Aroon indicator will be calculated:
    • 0 - AD (accumulation and distribution of volume) - (by default).
    • 1 - OBV (On Balance Volume).
    • 2 - Volume (tick volume).
    • 3 - AC (Accelerator/Decelerator).
    • 4 - AO (Awesome Oscillator).
    • 5 - BullsPower.
    • 6 - BearsPower.
    • 7 - BullsPower - BearsPower.
    • 8 - Force (Force Index).
    • 9 - MFI (Money Flow Index).
    • 10 - BW MFI (Market Facilitation Index).
    • 11 - ATR (Average True Range).
    • 12 - Momentum.
    • 13 - RSI (Relative Strength Index).
    • 14 - RVI (Relative Vigor Index).
    • 15 - MA (Moving Average)
    • 16 - CCI (Commodity Channel Index).
    • 17 - ADX (Average Directional Movement).
    • 18 - DeMarker.
    • 19 - Standard Deviation.
    • 20 - OsMA (Oscillator of Moving Averages).
    • 21 - MACD (Moving Average Convergence Divergence).
    • 22 - Stochastic.
    • 23 - %R (Williams % Oscillator).
  3. Ind_period - indicator calculation period.
  4. KPeriod - K period of Stochastic.
  5. DPeriod - D period of Stochastic.
  6. Slowing - Slowing period of Stochastic.
  7. Stoch_Price - type of price for Stochastic:
    • Low/High (by default).
    • Close/Close.
  8. Price_Field - averaging method for Stochastic:
    • Simple.
    • Exponential (by default).
    • Smoothed.
    • Linear weighted.
  9. FastPeriod - the fast MA period of the basic indicator MACD or OsMA.
  10. SlowPeriod - the slow MA period of the basic indicator MACD or OsMA.
  11. SignalPeriod - the signal line period of the basic indicator MACD or OsMA.
  12. MA_Method - averaging method for the MA of the basic indicator:
    • Simple.
    • Exponential (by default).
    • Smoothed.
    • Linear weighted.
  13. Applied_Price - the used price of the basic indicator:
    • Close price (by default).
    • Open price.
    • High price.
    • Low price.
    • Median price.
    • Typical price.
    • Weighted price.
  14. Mode - the index of the line (MAIN - 0 (by default) or SIGNAL - 1) of the basic indicator, based on which ADX, RVI, Stochastic or MACD will be calculated.
  15. Shift - the sift o the basic indicator relative to the price chart.


Recommendations

The indicator can be used together with the price indicator Aroon.

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Ultimate Gold Advisor For MT4
Nicola Capatti
Indicadores
Ultimate Gold Advisor para MetaTrader 4 El Ultimate Gold Advisor es una herramienta tecnológica avanzada diseñada para optimizar la experiencia de trading en MetaTrader 4. Creada para satisfacer las necesidades de los traders más experimentados, este indicador combina precisión, análisis sofisticado y funcionalidad versátil, ofreciendo soporte para tomar decisiones de trading informadas. Ideal para el trading de oro, pero también aplicable a una amplia gama de activos, el Ultimate Gold Advisor p
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Indicadores
Stratos Pali
Michela Russo
5 (1)
Indicadores
Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! D
Legacy of Gann
Pavel Zamoshnikov
4.83 (12)
Indicadores
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
Gold Channel XAUUSD
Paulo Rocha
5 (2)
Indicadores
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
Currency Strength Wizard
Oleg Rodin
4.93 (44)
Indicadores
Currency Strength Wizard es un indicador muy poderoso que le proporciona una solución todo en uno para operar con éxito. El indicador calcula el poder de este o aquel par de divisas utilizando los datos de todas las monedas en múltiples marcos de tiempo. Estos datos se representan en forma de índice de moneda fácil de usar y líneas eléctricas de moneda que puede usar para ver el poder de esta o aquella moneda. Todo lo que necesita es adjuntar el indicador al gráfico que desea operar y el indicad
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Bernhard Schweigert
4.56 (9)
Indicadores
Este indicador es una super combinación de nuestros 2 productos Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . ¡Funciona para todos los marcos de tiempo y muestra gráficamente el impulso de fuerza o debilidad para las 8 divisas principales más un Símbolo! Este Indicador está especializado en mostrar la aceleración de la fuerza de la divisa para cualquier símbolo como Oro, Pares Exóticos, Materias Primas, Índices o Futuros. Es el primero de su clase, cualquier símbol
Scalper Vault
Oleg Rodin
5 (27)
Indicadores
Scalper Vault es un sistema profesional de reventa que le brinda todo lo que necesita para una reventa exitosa. Este indicador es un sistema comercial completo que puede ser utilizado por operadores de divisas y opciones binarias. El marco de tiempo recomendado es M5. El sistema le proporciona señales de flecha precisas en la dirección de la tendencia. También le proporciona señales superiores e inferiores y niveles de mercado de Gann. Los indicadores proporcionan todo tipo de alertas, incluidas
Market Structure
Reza Aghajanpour
4.85 (26)
Indicadores
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "Market Structure group" for sharing or seeing experiences with other users. Introduction: Market structure is important for both new and professional traders since it can influence the liquidity and price action of a market (Breakout and Retest). It’s also one of the most commonly used techniques to understand trends, identify potential reversal points, and get a feel f
Matrix Arrow Indicator MT4
Juvenille Emperor Limited
5 (3)
Indicadores
Matrix Arrow Indicator MT4 es una tendencia única 10 en 1 que sigue un indicador 100% sin repintado de marcos temporales múltiples que se puede usar en todos los símbolos/instrumentos: divisas, materias primas, criptomonedas, índices, acciones.  Matrix Arrow Indicator MT4 determinará la tendencia actual en sus primeras etapas, recopilando información y datos de hasta 10 indicadores estándar, que son: Índice de movimiento direccional promedio (ADX) Índice de canales de productos básicos (CCI) Ve
IX Power MT4
Daniel Stein
5 (5)
Indicadores
IX Power lleva por fin la insuperable precisión de FX Power a los símbolos que no son de Forex. Determina con exactitud la intensidad de las tendencias a corto, medio y largo plazo de tus índices, acciones, materias primas, ETF e incluso criptodivisas favoritas. Puede analizar todo lo que su terminal le ofrece. Pruébalo y experimenta cómo tu timing mejora significativamente a la hora de operar. Características principales de IX Power Resultados de cálculo 100% precisos y sin repintado -
Advanced Currency IMPULSE with ALERT
Bernhard Schweigert
4.9 (481)
Indicadores
ACTUALMENTE 31% DE DESCUENTO Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta. Con solo un gráfico, da Alertas para los 28 pares de divisas. ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar operaciones po
Chart Patterns All in One
Davit Beridze
4.25 (8)
Indicadores
Deja un comentario después de la compra para recibir 4 indicadores de alta calidad como bono. El indicador Chart Patterns All-in-One ayuda a los traders a visualizar varios patrones de gráficos comúnmente utilizados en el análisis técnico. Este indicador apoya la identificación de posibles comportamientos del mercado, pero no garantiza rentabilidad. Se recomienda probar el indicador en modo demo antes de comprar. Oferta actual : Descuento del 50% en el indicador "Chart Patterns All in One". Patr
Market Reversal Alerts
LEE SAMSON
4.19 (113)
Indicadores
Conviértase en un Breaker Trader y obtenga beneficios de los cambios en la estructura del mercado a medida que se invierte el precio. El indicador de ruptura de bloque de órdenes identifica cuándo una tendencia o movimiento de precio se acerca al agotamiento y está listo para revertirse. Le alerta sobre cambios en la estructura del mercado que generalmente ocurren cuando una reversión o un retroceso importante están a punto de suceder. El indicador utiliza un cálculo patentado que identific
Blahtech Supply Demand
Blahtech Limited
4.61 (33)
Indicadores
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
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Indicadores
Description The indicator determines the appearance of the bars that signal of a reversal of current local moods and plays a beep. It also paints these bars in accordance with the bullish and/or bearish priority. You can select the color for bullish and bearish moods. Inputs Sound_Play - a flag that allows the sound notification. Use Detection of the reversal bar can be a signal to perform appropriate trading activities.  The indicator can be used for manual or automated trading in an Expert
Main Candles
Igor Semyonov
Indicadores
The indicator detects the following types of Japanese candlesticks: Doji, Hammer and/or Hanging Man, Shooting Star and/or Inverted Hammer, Spinning Top, Maribozu. The indicator is intended for manual and/or automated trading within an Expert Advisor. There is a possibility to choose colors for bullish and bearish candlesticks. For automated trading, use any indicator buffer of the double type: 0, 1, 2 or 3, whose value is not zero!
Big and Small Candles
Igor Semyonov
Indicadores
The indicator is intended for detecting big (long) and/or small (short) candlesticks. There is possibility of coloring the bullish and bearish candlesticks. The indicator can be used for manual and/or automated trading within an Expert Advisor. The indicator data that can be used for automated trading can be taken from one of four buffers of the double type: 0, 1, 2 or 3. Values must not be equal to zero. 
DeMark Fractals
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Indicadores
The indicator of DeMark fractals. The indicator can be drawn on the basis of price data and on the basis of a moving average. There is a possibility to color the up and down fractals. The indicator can be used for manual and for automated trading within an Expert Advisor. For automated trading, use any indicator buffer of the double type: 0 - up fractals, 1 - down fractals! Values of the buffers must not be equal to zero.  A moving average is drawn on the basis of input parameters: Calc_Method 
Stochastic Global
Igor Semyonov
4 (1)
Indicadores
Description A universal colored indicator Stochastic. The rising and falling lines and the levels of the indicator can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following nineteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. AC - indicator of acceleration. AO
MACD Histo Global
Igor Semyonov
Indicadores
Description A universal colored indicator MACD Histo. The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow
MACD Line Global
Igor Semyonov
Indicadores
Description A colored universal indicator MACD Line (MA convergence-divergence indicator, shown as a histogram). The rising and falling of the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume i
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Indicadores
Description A universal indicator RSI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of RSI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MT4 terminal: AD - an indicator of accu
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5 (1)
Indicadores
Description A universal indicator CCI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of CCI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicato
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Indicadores
Description A multi-purpose multi-colored/multi-symbol indicator, which is a set of standard tools from the MetaTrader 4 terminal. The difference is that below the basic price chart it allows to calculate and build in a separate window any of the twenty indicators in a colored form, painting bulls and bears in different colors, for any financial instrument in accordance with the list below:  AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Inde
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Indicadores
Description A colored universal indicator AO (Awesome Oscillator). The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow Index. ATR
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Igor Semyonov
Indicadores
Description A colored universal indicator MACD Classic (MA convergence-divergence indicator) that combines two indicators: MACD Line and MACD Histo. The rising and falling lines, the signal line and the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distributio
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Indicadores
Description The universal colored multicurrency/multisymbol indicator MACD Classic, consisting of two MACD indicators: MACD Line and MACD Histo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist). Inputs Currency_Na
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Igor Semyonov
Indicadores
Description A colored universal indicator/oscillator based on crossing moving averages. The rising and falling lines of the indicator histogram can be colored. The combined use of the line and the histogram increases the level of the analysis when making a decision to open or close deals. The indicator can be calculated as the standard Price Oscillator or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an i
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Indicadores
Description A universal colored multicurrency/multi-symbol indicator RAVI. Was proposed by T. Chand as a trend indicator. RAVI means Range Action Verification Index. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).
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Indicadores
Description A colored multicurrency/multisymbol oscillator of the market mood. The oscillator is designed for detecting the continuation or change of the market mood prior to its occurrence. An excellent example is the screenshots that show all the features of the oscillator. The oscillator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a fin
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Indicadores
Description The indicator determines the appearance of internal bars on the chart, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed internal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. The bullish and bearish mood can be colored. Inputs Sound_Play - a
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Igor Semyonov
Indicadores
Description The indicator determines the appearance of bars that notify of the reversal of the current trend, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed reversal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. You can select the color for bullish and
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Igor Semyonov
Indicadores
Description A universal colored multicurrency/multi-symbol indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator is drawn in a separate window, so below the main trading chart a user can see the development of another financial instrument. It is very useful when considering the combined values of various moving averages for different financial instruments below the main trading chart.  The indicator may be used with any broker, irrespective of
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Igor Semyonov
Indicadores
Description A universal colored indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator provides various opportunities for the analysis of prices based on different ways of constructing moving averages in the window of the main financial instrument. You can color bullish and bearish moods. Inputs MA_Type - type of multiplicity: Moving Average. Double Moving Average. Triple Moving Average. MA_Period - the MA period. MA_Method - the averaging me
Multicurrency Bands Global
Igor Semyonov
Indicadores
Description A colored universal multicurrency/multi-symbol indicator Bollinger Bands to be drawn in a separate window below the main financial instrument. The rising and falling line of the main indicator and Bollinger Bands can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Index indicator. MF
Channel Global Multicurrency
Igor Semyonov
Indicadores
Description A colored universal multicurrency/multi-symbol indicator Channel to be drawn in a separate window below the main financial instrument. The indicator uses the calculation method of the Price Channel indicator. The rising and falling line of the main indicator and the Channel lines can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution o
Keltner Channel
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5 (1)
Utilidades
Description Keltner's colored channel indicator,also called STARC band, drawn in the main chart window. The indicator uses the calculation technique of the three drawing options: basic, improved and modified . The first two were proposed by Keltner, the third one - by a successful trader L. Rakshe. You can also search for your own best parameters of the indicator. The upper, middle and lower bands can be colored. The indicator includes the basic analytical tool of the market moods by Keltner. Th
ZigZag Global
Igor Semyonov
Indicadores
Description A colored universal multicurrency/multi-symbol indicator ZigZag to be drawn in a separate window below the main financial instrument. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).  The indicator can
Color Price Channel
Igor Semyonov
Indicadores
Description A colored channel indicator Price Channel to be drawn on the main chart of a financial symbol. It can color bullish and bearish moods based on the middle line of the indicator, as well as change the color of the upper and lower lines of the channel. Purpose The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:  The middle line of the indicator - buffer 4. The upper line of the
Multicurrency Candlesticks
Igor Semyonov
Indicadores
Description Candlesticks is a colored multicurrency/multy-symbol indicator. It shows a financial instrument as a candlestick chart in a separate window below the chart of the main financial symbo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrume
Candlestick Tools
Igor Semyonov
Indicadores
Description Candlestick Tools  is a colored multicurrency/multy-symbol indicator. It shows one of four standard indicators as a candlestick chart in a separate window below the chart of the main financial symbol. The indicator is calculated based on one of two indicators included in the standard package of the МetaТrader 4 terminal: CCI - Commodity Channel Index. RSI - Relative Strength Index. The default indicator is Commodity Channel Index. The indicator may be used with any broker, irrespecti
Pivot Pro
Igor Semyonov
Indicadores
Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
Price Levels
Igor Semyonov
Indicadores
Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial ins
MACD Line Smart
Igor Semyonov
Indicadores
Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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Versión 1.23 2024.07.23
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