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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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CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
Supply and Demand Dashboard PRO
Bernhard Schweigert
4.8 (20)
Attualmente 20% di sconto! Questo cruscotto è un software molto potente che lavora su più simboli e fino a 9 timeframe. Si basa sul nostro indicatore principale (migliori recensioni: Advanced Supply Demand ).   Il cruscotto offre un'ottima panoramica. Mostra:    Valori filtrati di domanda e offerta, compresa la valutazione della forza delle zone, distanze dei pip da/all'interno delle zone, Evidenzia le zone annidate, Fornisce 4 tipi di allarmi per i simboli scelti in tutti i (9) time-frames
Altri dall’autore
BB Classic
Stefan Stoyanov
4 (1)
Automated medium-term Expert Advisor. It is based on Bollinger Bands . The EA is optimized for EURUSD H1 . The robot should be optimized for use on other instruments. The Expert Advisor does not use hedging, martingale, grid, arbitrage etc. The results obtained in the strategy tester are identical to the results of real trading. Since the results for Control points are close to results of optimization in every tick mode, the EA allows for quick optimization using Control points . Parameters Mo
FREE
Maggi
Stefan Stoyanov
3 (2)
Fully automated and safe medium-term multicurrency trading robot based on a strategy consisting of several standard indicators. The LockerStop parameter activates the virtual protective stop logic. If LockerStop is not zero, and the loss of an open positions is greater than LockerStop , the EA opens an opposite protective position. The closure of two positions is based on interval virtual stop logic. It is recommended to use the H1 timeframe and the following currency pairs: EURUSD and GBPUSD. C
FREE
Middle Volume
Stefan Stoyanov
3.5 (2)
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
FREE
BB St Dev
Stefan Stoyanov
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
Auto Pr
Stefan Stoyanov
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
Stefan Stoyanov
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
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maroonxy 2021.10.04 21:30 
 

Repaints

Rispondi alla recensione
Versione 2.2 2018.03.23
Added additional control of volumes /iVolume/
Versione 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
Versione 2.0 2015.11.11
Added an additional filter on a WPR.