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VolumeDeltaBars

This indicator is a conventional analytical tool for tick volumes changes. It calculates tick volumes for buys and sells separately, and their delta on every bar, and displays volumes by price clusters (cells) within a specified bar (usually the latest one). The algorithm used internally is the same as in the indicator VolumeDeltaMT5, but results are shown as cumulative volume delta bars (candlesticks). Analogous indicator for MetaTrader 4 exists - CumulativeDeltaBars.

This is a limited substitution of market delta analysis based on real volumes, which are not available on Forex.

The indicator displays the following data in its sub-window:

  • light-blue bars: buy (long) volumes exceed sell volumes, candle body is volume delta;
  • orange bars: sell (short) volumes exceed buy volumes, candle body is volume delta;
  • light-green line - cumulative delta, EMA of volume delta using open values;
  • blue and red arrows - mark those bars where volume direction contradicts price direction, that may be considered as a trading signal.

Also, the indicator can display a table of split volumes for the current bar in the main window. The current bar is selected by means of yellow dotted vertical line (drag it to the required position). The table rows correspond to price clusters. The table contains the following columns:

  • price (a range of prices from specified value up to the next range);
  • sell volume;
  • delta of buy and sell volumes (positives are blue, negatives are red);
  • buy volume;
  • total volume (cells with values near the maximum one are highlighted in green).


Parameters

  • PointsPerCell - number of points forming a single price cluster; every cluster is shown as a row in a table with splitted volumes of current bar (this is a kind of "Time and Sales" tape); default value - 10;
  • LastBars - number of bars to process; default - 1000; 0 means all bars;
  • CumulativePeriod - period for calculation of cumulative delta by EMA; default - 12;
  • StickToBar0 - enable/disable special mode, when the yellow dotted vertical line is always stuck to the latest bar, which effectively makes it current all the time; default - false;
  • Corner - corner of the main window, where to display the table; default value - upper right corner;
  • CellWidth - width of the table cells; default - 40;
  • CellHeight - height of the table cells; default - 15;
  • ColorBG - table background; default - black;
  • FontSize - font size in the table; default - 7;
  • HideTable - hide the table with splitted volumes in the main window; by default - false;
  • HideMark - hide the price mark on a cluster level with maximum volume; by default - false; when both HideTable and HideMark are true, the vertical line for selection of a bar under investigation is not shown as well;
  • SplitBy - selector of the splitting mode, which defines a period of resetting cumulative delta on the candlestick chart; available options are: day (by default), week, month;
  • Shadow - selector of shadows modes: cumulative (by default) - standard method of showing maximum and minimum changes, discrete - specific method of showing complete splitted buy and sell volumes.


Hints

Supported timeframes: M5 and higher.

After initial placement on a chart, it may take some time for the indicator to download M1 data, and its lines may be shown as incomplete. Please wait until the indicator finishes its automatic updates.


Screenshots

On the screenshots 1, 2, 3 (EURUSD M5), VolumeDeltaBars is shown in the lower subwindow, whereas the middle subwindow contains VolumeDeltaMT5 for reference. The screenshots 4 and 5 demonstrate the indicator with daily and weekly splitting.

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Maintenant 147 $ (augmentant à 499 $ après quelques mises à jour) - Comptes illimités (PCS ou Mac) Manuel d'utilisation RelicusRoad + Vidéos de formation + Accès au groupe Discord privé + Statut VIP UNE NOUVELLE FAÇON DE REGARDER LE MARCHÉ RelicusRoad est l'indicateur de trading le plus puissant au monde pour le forex, les contrats à terme, les crypto-monnaies, les actions et les indices, offrant aux traders toutes les informations et tous les outils dont ils ont besoin pour rester renta
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
IX Power MT5
Daniel Stein
4.17 (6)
IX Power   apporte enfin la précision imbattable de FX Power aux symboles non-Forex. Il détermine avec précision l'intensité des tendances à court, moyen et long terme de vos indices, actions, matières premières, ETF et même crypto-monnaies préférés. Vous pouvez   analyser tout ce que   votre terminal a à offrir. Essayez-le et découvrez comment   votre timing s'améliore considérablement   lors de vos transactions. Caractéristiques principales d'IX Power Résultats de calcul précis à 100 %,
Quantum Trend Sniper
Bogdan Ion Puscasu
4.71 (49)
Présentation       Quantum Trend Sniper Indicator   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous identifiez et négociez les inversions de tendance ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans,       Indicateur Quantum Trend Sniper       est conçu pour propulser votre parcours de trading vers de nouveaux sommets grâce à sa manière innovante d'identifier les inversions de tendance avec une précision extrêmement élevée
This indicator belongs to the family of channel indicators. These channel indicator was created based on the principle that the market will always trade in a swinging like pattern. The swinging like pattern is caused by the existence of both the bulls and bears in a market. This causes a market to trade in a dynamic channel. it is designed to help the buyer to identify the levels at which the bulls are buying and the bear are selling. The bulls are buying when the Market is cheap and the bears a
Easy By Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. My othe
Golden Spike Premium
Kwaku Bondzie Ghartey
Golden Spikes Detector Notice: Limited-Time 50% Discount on All Products   Due to high interest, only a few (about 8) discounted spots remain for   Golden Spikes Premium .  For those interested, all my trading tools, including Golden Spikes Premium, are currently available at a 50% discount until October 30, 2024 . Feel free to take advantage while it lasts. Acknowledgement and Dedications:  The name of this indicator was Inspired by an Original; Mr Grant Koopman; a Knowledgeable and experienced
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WalkForwardOptimizer MT5
Stanislav Korotky
3.86 (7)
WalkForwardOptimizer library allows you to perform rolling and cluster walk-forward optimization of expert advisers (EA) in MetaTrader 5. To use the library include its header file WalkForwardOptimizer.mqh into your EA source code, add call provided functions as appropriate. Once the library is embedded into EA, you may start optimization according to the procedure described in the User guide . When it's finished, intermediate results are saved into a CSV file and some special global variables.
RenkoFromRealTicks
Stanislav Korotky
4.5 (2)
This non-trading expert utilizes so called custom symbols feature ( available in MQL API as well) to build renko charts based on history of real ticks of selected standard symbol. RenkoFromRealTicks generates custom symbol quotes, thus you may open many charts to apply different EAs and indicators to the renko. It also transmits real ticks to update renko charts in real time. The generated renko chart uses M1 timeframe. It makes no sense to switch the renko chart to a timeframe other than M1. T
CCFpExt
Stanislav Korotky
CCFpExt is an extended version of the classic cluster indicator - CCFp. Main Features Arbitrary groups of tickers or currencies are supported: can be Forex, CFDs, futures, spot, indices; Time alignment of bars for different symbols with proper handling of possibly missing bars, including cases when tickers have different trading schedule; Using up to 30 instruments for market calculation (only first 8 are displayed). Parameters Instruments - comma separated list of instruments with a common cu
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The library OrderBook History Library reads market book state in the past from archive files, created by OrderBook Recorder . The library can be embedded into you
AutomaticZigZag
Stanislav Korotky
4.5 (2)
This is a non-parametric ZigZag providing 4 different methods of calculation. Upward edge continues on new bars while their `highs` are above highest `low` among previous bars, downward edge continues on next bars while their `lows` are below lowest `high` among previous; Gann swing: upward edge continues while `highs` and `lows` are higher than on the left adjacent bar, downward edge continues while `highs` and `lows` are lower than on the left adjacent bar. Inside bars (with lower `high` and
FREE
CustomVolumeDelta
Stanislav Korotky
5 (1)
This indicator displays volume delta (of either tick volume or real volume) encoded in a custom symbol, generated by special expert advisers, such as RenkoFromRealTicks . MetaTrader does not allow negative values in the volumes, this is why we need to encode deltas in a special way, and then use CustomVolumeDelta indicator to decode and display the deltas. This indicator is applicable only for custom instruments generated in appropriate way (with signed volumes encoded). It makes no sense to ap
FREE
WalkForwardDemo MT5
Stanislav Korotky
WalkForwardDemo is an expert adviser (EA) demonstrating how the built-in library WalkForwardOptimizer (WFO) for walk-forward optimization works. It allows you to easily optimize, view and analyze your EA performance and robustness in unknown trading conditions of future. You may find more details about walk-forward optimization in Wikipedia . Once you have performed optimization using WFO, the library generates special global variables (saved in an "archived" file with GVF-extension) and a CSV-f
FREE
TrueVolumeSurrogate MT5
Stanislav Korotky
5 (1)
This indicator provides a true volume surrogate based on tick volumes. It uses a specific formula for calculation of a near to real estimation of trade volumes distribution , which may be very handy for instruments where only tick volumes are available. Please note that absolute values of the indicator do not correspond to any real volumes data, but the distribution itself, including overall shape and behavior, is similar to real volumes' shape and behavior of related instruments (for example, c
This script allows performing a walk-forward analysis of trading experts based on the data collected by the WalkForwardLight MT5 library. The script builds a cluster walk forward report and rolling walk forward reports that refine it, in the form of a single HTML page. This script is optional, as the library automatically generates the report immediate after the optimization in the tester is complete. However, the script is convenient because it allows using the same collected data to rebuild th
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RenkoChartsDemo
Stanislav Korotky
This is a demo version of a non-trading expert , which utilizes so called the custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place the EA on a chart of a working instrument. The lesser timeframe of the source chart is, the more precise resulti
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Comparator
Stanislav Korotky
4.75 (4)
This indicator compares the price changes during the specified period for the current symbol and other reference symbol. It allows to analyze the similar movements of highly correlated symbols, such as XAUUSD and XAGUSD, and find their occasional convergences and divergences for trading opportunities. The indicator displays the following buffers: light-green thick line - price changes of the current symbol for TimeGap bars; light-blue thin line - price changes of the reference symbol ( LeadSymbo
FREE
HZZM
Stanislav Korotky
4 (1)
This is an adaptive ZigZag based on modification of  HZZ indicator (original source code is available in this article ). Most important changes in this version: two additional indicator buffers added for zigzag evolution monitoring - they show cross signs at points where zigzag direction first changes; zigzag range (H) autodetection on day by day basis; time-dependent adjustment of zigzag range. Parameters: H - zigzag range in points; this parameter is similar to original HZZ, but it can take 0
FREE
PointsVsBars
Stanislav Korotky
This indicator provides a statistical analysis of price changes (in points) versus time delta (in bars). It calculates a matrix of full statistics about price changes during different time periods, and displays either distribution of returns in points for requested bar delta, or distribution of time deltas in bars for requested return. Please, note, that the indicator values are always a number of times corresponding price change vs bar delta occurred in history. Parameters: HistoryDepth - numbe
FREE
ReturnAutoScale
Stanislav Korotky
5 (2)
The indicator calculates running total of linear weighted returns. It transforms rates into integrated and difference-stationary time series with distinctive buy and sell zones. Buy zones are shown in blue, sell zones in red. Parameters: period - number of bars to use for linear weighted calculation; default value - 96; smoothing - period for EMA; default value - 5; mode - an integer value for choosing calculation mode: 0 - long term trading; 1 - medium term trading; 2 - short term trading; defa
FREE
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. This expert adviser OrderBook History Playback allows you to playback the market book events on the history using files, created by OrderBook Recorder . The exper
FREE
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker in real time. The expert OrderBook Recorder records market book changes and stores them in local files for further usage in indicators and expert adviser, including testing in the tester. The expert stores market book
FREE
Time And Sales Layout indicator shows traded buy and sell volumes right on the chart. It provides a graphical representation of most important events in the time and sales table. The indicator downloads and processes a history of real trade ticks. Depending from selected depth of history, the process may take quite some time. During history processing the indicator displays a comment with progress percentage. When the history is processed, the indicator starts analyzing ticks in real time. The l
Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The indicator OrderBook Cumulative Indicator accumulates market book data online and visualizes them on the chart. In addition, the indicator can show the market
OrderBook Utilities is a script, which performs several service operations on order book hob-files, created by OrderBook Recorder . The script processes a file for work symbol of the current chart. The file date is selected by means of the input parameter CustomDate (if it's filled in) or by the point where the script is dropped on the chart. Depending from the operation, useful information is written into the log, and optionally new file is created. The operation is selected by the input parame
FREE
SOMFX1Builder
Stanislav Korotky
5 (1)
If you like trading by candle patterns and want to reinforce this approach by modern technologies, this script is for you. In fact, it is a part of a toolbox, that includes a neural network engine implementing Self-Organizing Map (SOM) for candle patterns recognition, prediction, and provides you with an option to explore input and resulting data. The toolbox contains: SOMFX1Builder  - this script for training neural networks; it builds a file with generalized data about most characteristic pric
FREE
Year2Year
Stanislav Korotky
This indicator shows price changes for the same days in past years. D1 timeframe is required. This is a predictor indicator that finds D1 bars for the same days in past 8 years and shows their relative price changes on the current chart. Parameters: LookForward - number of days (bars) to show "future" price changes; default is 5; Offset - number of days (bars) to shift back in history; default is 0; ShowAverage - mode switch; true - show mean value for all 8 years and deviation bounds; false - s
FREE
Mirror
Stanislav Korotky
This indicator predicts rate changes based on the chart display principle. It uses the idea that the price fluctuations consist of "action" and "reaction" phases, and the "reaction" is comparable and similar to the "action", so mirroring can be used to predict it. The indicator has three parameters: predict - the number of bars for prediction (24 by default); depth - the number of past bars that will be used as mirror points; for all depth mirroring points an MA is calculated and drawn on the ch
If you like trading crosses (such as AUDJPY, CADJPY, EURCHF, and similar), you should take into account what happens with major currencies (especially, USD and EUR) against the work pair: for example, while trading AUDJPY, important levels from AUDUSD and USDJPY may have an implicit effect. This indicator allows you to view hidden levels, calculated from the major rates. It finds nearest extremums in major quotes for specified history depth, which most likely form resistence or support levels, a
EvoLevels
Stanislav Korotky
The indicator displays most prominent price levels and their changes in history. It dynamically detects regions where price movements form attractors and shows up to 8 of them. The attractors can serve as resistance or support levels and outer bounds for rates. Parameters: WindowSize - number of bars in the sliding window which is used for detection of attractors; default is 100; MaxBar - number of bars to process (for performance optimization); default is 1000; when the indicator is called from
This is an intraday indicator that uses conventional formulae for daily and weekly levels of pivot, resistance and support, but updates them dynamically bar by bar. It answers the question how pivot levels would behave if every bar were considered as the last bar of a day. At every point in time, it takes N latest bars into consideration, where N is either the number of bars in a day (round the clock, i.e. in 24h) or the number of bars in a week - for daily and weekly levels correspondingly. So,
Most of traders use resistance and support levels for trading, and many people draw these levels as lines that go through extremums on a chart. When someone does this manually, he normally does this his own way, and every trader finds different lines as important. How can one be sure that his vision is correct? This indicator helps to solve this problem. It builds a complete set of virtual lines of resistance and support around current price and calculates density function for spatial distributi
The indicator draws a histogram of important levels for several major currencies attached to the current cross rates. It is intended for using on charts of crosses. It displays a histogram calculated from levels of nearest extremums of related major currencies. For example, hidden levels for AUDJPY can be detected by analyzing extremums of AUD and JPY rates against USD, EUR, GBP, and CHF. All instruments built from these currencies must be available on the client. This is an extended version of
StatBars
Stanislav Korotky
The indicator provides a statistic histogram of estimated price movements for intraday bars. It builds a histogram of average price movements for every intraday bar in history, separately for each day of week. Bars with movements above standard deviation or with higher percentage of buys than sells, or vice versa, can be used as direct trading signals. The indicator looks up current symbol history and sums up returns on every single intraday bar on a specific day of week. For example, if current
This is an easy to use signal indicator which shows and alerts probability measures for buys and sells in near future. It is based on statistical data gathered on existing history and takes into account all observed price changes versus corresponding bar intervals in the past. The statistical calculations use the same matrix as another related indicator - PointsVsBars. Once the indicator is placed on a chart, it shows 2 labels with current estimation of signal probability and alerts when signal
CCFpExtra
Stanislav Korotky
CCFpExtra is an extended version of the classic cluster indicator - CCFp. This is the MT4 version of indicator  CCFpExt available for MT5. Despite the fact that MT5 version was published first, it is MT4 version which was initially developed and tested, long before MT4 market was launched. Main Features Arbitrary groups of tickers or currencies are supported: can be Forex, CFDs, futures, spot, indices; Time alignment of bars for different symbols with proper handling of possibly missing bars, in
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Version 1.7 2021.11.19
Recompilation.
Version 1.6 2016.10.21
Improved the automatic chart refresh after delayed download of the missing data on M1 timeframe.
Version 1.5 2016.10.04
Fixed: the first bar of each continuous area was not displayed (though its OHLC values were displayed in the data window).
Improved: new option to disable signal arrows (HideArrows) and color selectors for the table and objects on the chart.