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TK Trend Surfer

Trend surfer is indicator based on volume calculation in combination with algorithm that recognize trend changes. For aditional filtering, user can choose from 3 different oscillators, or can use their combination. Basic idea of indicator is to give signal when current volume is above value defined as Volume MA period*Volume MA multiplier, and trend change algorithm detects start of new trend wave. When all conditions are met and new trend wave is detected, indicator plot arrow on chart. Arrows are basic signals that indicates change of trend. In addition to arrows, there is second signal - pullback dots. Pullback dots are ploted in direction of current trend wave after small or bigger pullbacks.


Trend Surfer input settings:

  • Trend averaging period - period used in trend change detection
  • Trend detection precision - precision of trend change detection. Must be value between 0.1 and 1
  • Volume  MA period - period of volume moving average
  • Volume MA multiplier - multiplier of volume MA period. Must be value >= 1
  • Oscillator for filtering - type of oscillator used for signal filtering. (RSI, Stochastic, DeMarker, Combination of all 3)
  • RSI period
  • Stochastic K line period 
  • Stochastic D line period 
  • Stochastic slowing 
  • DeMarker averaging period
  • Use alerts - turn on/off popup alert
  • Use push notifications - turn on/off push notifications
  • Use email notifications - turn on/off email notifications
  • Show info text - turn on/off oscillator HUD
  • Arrow style UP - wingdings style for BUY arrow
  • Arrow style DOWN  wingdings style for SELL arrow

For arrow wingdings codes visit: docs.mql4.com/constants/objectconstants/wingdings














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Brian Collard
4.71 (14)
The Volumebyprice.com Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, posit
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Indicator user manual:  https://www.mql5.com/en/blogs/post/741402 A   moving average   is a widely used technical indicator and it often acts as dynamic support or resistance.   MA bounce   is useful tool based on this technical indicator. It can be used as   proximity sensor , so you will get alert when price is near selected moving average. It can be used as   bounce indicator  as well, and you will get   non-repainting   BUY/SELL arrows, when there is high probability of a price bounce fro
MA bounce LITE arrows is simplified version of main indicator MA bounce . It's for people who don't need to use all features of main indicator. Lite version shows only arrows on chart when there is high probability of price bounce from selected MA. MA bounce LITE arrows input settings: Current MA period  - period of moving average on current TF Current     MA type   - moving average calculation method  on current TF Current     MA applied price   - applied price of moving average  on current T
MA bounce LITE arrows is simplified version of main indicator   MA bounce . It's for people who don't need to use all features of main indicator. Lite version shows only HTF line in short/long term opertion method. MA bounce LITE htf line input settings: TD line source for calculation - choose if oscillators or price levels will be used as source for calculation TD line method (for oscillators source)  - choose between long term and short term calculation Filter period (for oscillators source)
Big changes in prices (dips) can be opportunity for entering trend reversal trades. Dip histogram shows these big price movements. User can define minimal movement in %, as well as timeframe which will be used for calculation of price movement. Dip histogram input settings: Dip period   - timeframe which will be used for price change calculation Price to compare   - price type to compare Indication method  - percent (alert when price movent is > min. dip in %) / Dip MA (alert when price movement
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