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Danko Trend Color

    The Danko Trend Colorindicator is actually a candle coloring to bring practicality, ease and information to your charts.



    Danko Trend Color combines PRICE AND VOLUMEindicators to define the prevailing trend, so the colors are:

    Blue (indicates an uptrend)
    Orange (indicates a downtrend)
    White (indicates undefined trend)

    I don't like to promise anything with my indicators, I ask you to download, test it for free (for use in backtesting) and see if the indicator can, in some way, help your operational.

    Knowing this, one possibility of using the indicator as a signal is to change the color from orange or white to blue (buy signal) or the reverse for a sell signal. Opening when the first blue bar closes. This should bring a favorable risk/return ratio!

    The second possibility is for you to use the indicator as a filter and associate it with another entry signal that is already part of your strategy.

    Place the indicator on your chart and see that Danko Trend Color can be used for scalping, but also on larger time frames (try it in the daily) to catch big trends.

    Input parameters:

    Plot Mode: You can use it as candlestick coloring or with a colored segment that doesn't change your default colors or get in the way with another coloring indicator.

    Uptrend color: Color that will indicate the uptrend

    Downtrend color: Color that will indicate the downtrend

    No trend color: Color that indicates that the price has not yet defined a direction

    Vertical segment offset (in ticks):  Maximum/minimum offset distance, in case you choose not to use candle coloring

    Segment height (in ticks): Segment height, in case you choose not to use candle coloring

    Fast Period: Fast period of the indicator that allows you to customize the indicator in your own way.

    Slow Period: Slow period of the indicator.


    If you want to map the trend on different timeframes using this indicator, then I will launch the panel with different timeframes.


    If you found the indicator idea interesting and want to discuss it, let's use the discussion tab to comment, thanks in advance for the exchange of ideas.

    That's it!

    If you want to learn about other White Trader indicators, just click on "More from the Author" on the left!

    Success and good trading!

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    Barend Paul Stander
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    Indicateurs
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    Bogdan Ion Puscasu
    4.71 (49)
    Indicateurs
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    Marzena Maria Szmit
    5 (5)
    Indicateurs
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    Siarhei Vashchylka
    5 (8)
    Indicateurs
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    Daniel Stein
    4.17 (6)
    Indicateurs
    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 %,
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    PZ TRADING SLU
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    Indicateurs
    Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $60! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd
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    Relicus LLC
    5 (17)
    Indicateurs
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    Muhammad Talha
    Indicateurs
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    Young Ho Seo
    4 (3)
    Indicateurs
    Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
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    Bernhard Schweigert
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    Indicateurs
    La meilleure solution pour tout commerçant débutant ou expert ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons intégré un certain nombre de fonctionnalités propriétaires et une nouvelle formule. Avec cette mise à jour, vous pourrez afficher des zones à double horaire. Vous pourrez non seulement afficher un TF plus élevé, mais afficher les deux, le graphique TF, PLUS le TF supérieur : AFFICHAGE DES ZONES NICHÉES. Tous les traders Supply Demand vont ado
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    Pavel Zamoshnikov
    5 (5)
    Indicateurs
    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
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    Muhammad Elbermawi
    Indicateurs
    The Berma Bands (BBs) indicator is a valuable tool for traders seeking to identify and capitalize on market trends. By analyzing the relationship between the price and the BBs, traders can discern whether a market is in a trending or ranging phase. Berma Bands are composed of three distinct lines: the Upper Berma Band, the Middle Berma Band, and the Lower Berma Band. These lines are plotted around the price, creating a visual representation of the price movement relative to the overall trend.
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    Ricardo Almeida Branco
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    Ricardo Almeida Branco
    5 (3)
    Indicateurs
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    Ricardo Almeida Branco
    4.88 (8)
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    Ricardo Almeida Branco
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    Indicateurs
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    Ricardo Almeida Branco
    Indicateurs
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    Ricardo Almeida Branco
    5 (1)
    Utilitaires
    Simple countdown indicator for the next candle. Only claim is to be light! The indicator inserts a text object to the right of the current price and calculates how much time is left for the new bar, showing this to the trader. Leave your comment if the indicator helped you in any way! If you have any suggestions, let me know to evaluate the improvements. Success and Good Trades!
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    Ricardo Almeida Branco
    5 (1)
    Indicateurs
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    Ricardo Almeida Branco
    5 (2)
    Indicateurs
    If you consider the extremes of the daily price as important points, this indicator will help in your trades. Now, instead of manually drawing lines that mark daily highs and lows, you can use the O (HL) ² C Lines indicator. Thus, the OHLC Lines indicator automatically plots the lines O (Open for the current day), H (High for the current day), L (Low for the current day) and C (Close for the previous day). Plot also the high and low of the previous day. Thus, we have 4 static lines
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    Ricardo Almeida Branco
    Indicateurs
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    PVA Color Candle
    Ricardo Almeida Branco
    Indicateurs
    Several techniques use volume as an important point in the trade. Whether to indicate strength, exhaustion, pullback weakness, among others. In chief I quote Richard Wyckoff's theory, which said about the importance of looking price and volume. However, there are several possibilities to filter what is volume that should be noticed. PVRSA/PVA users use an indicator with specific colors, which assist in identifying the volume and type of movement that the price has made. Will the high
    PVA Color Volume Histograma
    Ricardo Almeida Branco
    Indicateurs
    Several techniques use volume as an important point in the trade. Whether to indicate strength, exhaustion, pullback weakness, among others. In chief I quote Richard Wyckoff's theory, which said about the importance of looking price and volume. However, there are several possibilities to filter what is volume that should be noticed. PVRSA/PVA users use an indicator with specific colors, which assist in identifying the volume and type of movement that the price has made. Will the high
    Color Histogram Volume Set
    Ricardo Almeida Branco
    Indicateurs
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    Ricardo Almeida Branco
    Indicateurs
    Do you use volume in your reading of the market? Certainly many traders use it, and do not imagine operating without it. The Color Candle Volume Set indicator allows the user to choose the value that he considers interesting to monitor. When you pass this you will have visual confirmation on the price chart and if you want you will also have the audible alert that is given by the indicator. Of course, there are other ways to try to find a high volume, such as assessing whet
    WT Vwap Bands
    Ricardo Almeida Branco
    Indicateurs
    The WT Vwap Bands indicator is an indicator that combines price and volume, helping to show whether the price is within the "fair price", overbought or oversold. The indicator code was designed for performance and has already been tested in a real trading account. In addition to the visual inputs (color, thickness and line style), the user can define a% value that depends on the price. The default values work with the most distant band at 1% of the price and then dividing this distan
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    Ricardo Almeida Branco
    5 (1)
    Utilitaires
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    Ricardo Almeida Branco
    Indicateurs
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    Ricardo Almeida Branco
    5 (1)
    Indicateurs
    The previous day's vwap is used by some traders as a support and resistance point, after all it is one of the ways to consider the fair price of that asset or that pair the day before. Possible defenses can occur in this region indicating a reversal, or triggering stops starting a new, more directional movement. It is a matter of analyzing how it will add to your operational. To avoid manually drawing the previous day's vwaps and saving time for your analysis, use the Vwap Freeze indicator,
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    Ricardo Almeida Branco
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    Do you already know Display N Bars? Do you already know the Start tool (from Midas indicators)? In this indicator, we unified the two tools, allowing you to define which candle will start counting, or use the automatic numbering that was already available in the previous version. Description of the utility follows: Display N Bars The Display N Bars utility is a simple tool that aims to help identify candles. If a trader tries to share the knowledge with a colleague but it i
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    Ricardo Almeida Branco
    Indicateurs
    WT Vwap 5 Bands The WT Vwap Bands indicator is an indicator that combines price and volume, helping to show whether the price is within the "fair price", overbought or oversold. The indicator code was designed for performance and has already been tested in a real trading account. In addition to the visual inputs (color, thickness and line style), the user can define a% value that depends on the price. The default values work with the most distant band at 1% of the price and then di
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    Ricardo Almeida Branco
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    The White's Candle Color indicator (by volume) will color the candles based on the current candle's volume compared to the moving average of the volume. This will allow you to see clearly if the volume (real or tick) is within the normal range, whether it is high or low and bring very important information about the market. I hope that this indicator can help in your operational. Success and good trades!
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    Ricardo Almeida Branco
    5 (1)
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    Ricardo Almeida Branco
    Indicateurs
    The Initial Balance (Initial Balance / Initial Balance) is a concept related to the study of volume (to learn more, study about Market Profile and Auction Market Theory. You can find some videos in English when searching for "Initial Balance Market Profile"). The IB defines a range in which prices were negotiated in the first hour of trading.The amplitude of the range is important and the break in the range defined by the Initial Balance may have occurred due to the movement of several players
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    Ricardo Almeida Branco
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    Ricardo Almeida Branco
    5 (4)
    Indicateurs
    White Weis Volume This indicator shows the sum of the volume in each wave, bulish or bearish, as idealized by David Weis , but it brings an important addition , which is the marking of the bar with the highest volume of the wave (White Bar)! In coding the indicator, it was sought to optimize the code to require minimal processing during use and not to overload mt5. The indicator can be used for pre-trading analysis and study, where the trader analyzes possible points of support and resi
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    Ricardo Almeida Branco
    Indicateurs
    O indicador Vwap Deviation Bands segue na mesma linha dos outros indicadores da White Trader, que buscam leveza, personalização e qualidade, para entregar o que há de melhor para o trader. Isto, além de combinar preço e volume (informações importantes para o trader) com uma medida estatística do desvio padrão. Este indicador já foi utilizado e testado por outros traders que deram sugestões, inclusive, para chegarmos nesta versão final (embora ainda esteja aceitando sugestões, sempre :)   ). O d
    Start Midas Displacement Channel
    Ricardo Almeida Branco
    Indicateurs
    Midas is the acronym for Market Interpretation / Data Analysis System is a trade approach started in 1995 by technical analyst Paul Levine and later developed by Andrew Coles, PhD and David Hawkins. Learn more in the book MIDAS Technical Analysis: A VWAP Approach to Trading and Investing in Today's Markets , (I saw that it is possible buy via Amazon). The positive points in relation to the Midas-based indicators are the prediction of movement reversal points, the negative point is the subjectivi
    Vwap Bands Auto
    Ricardo Almeida Branco
    Indicateurs
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    Ricardo Almeida Branco
    5 (1)
    Indicateurs
    Do you already know the Start Midas indicator? What about the Vwap Standard Deviation indicator? And I need to speak again in the book MIDAS Technical Analysis ... The Start Midas SD Channel indicator combines the two in one, bringing the practicality and efficiency of Midas with the statistical calculation of the standard deviation. All of this with the practicality of the White Trader Start indicators, where you can plot the indicator and move them on the screen using keyboard s
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    Ricardo Almeida Branco
    Indicateurs
    Here we have the Start Midas Fibo Bands , I confess that it is an indicator that excited me enough to operate because I was able to find more defined rules. Well, the indicator has the functions of the other indicators of the Start line , which is a possibility to plot several Midas on the screen, you can move the anchor point using keyboard shortcuts and use the legend to differentiate one anchor from another. The rules that I have analyzed for my possible setup are recommended to the entry, st
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    Ricardo Almeida Branco
    Indicateurs
    This indicator shows on the current day some lines of interest, such as maximum, minimum and closing of the previous day, as well as the opening, maximum and minimum price of the current day. It can also show the GAP (closing of the previous day and opening of the current day) and projections of the amplitude of the previous day, according to the value you choose in the multiplier. Oh, I was going to forget. It is also possible to determine the time frame, which is daily by default. If th
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