MetaTrader 4のための無料のエキスパートアドバイザーとインディケータ - 13

Tools designed for multi-currency trading. You can customize which currency you want to trade, analyze up to 10 currencies by yourself. Note: This is demo version that you can test for free (Maximum Lot Size = 0.01) Full version can be found here:  https://www.mql5.com/en/market/product/17793 Analysis method. (Refer to screenshot 1) Ultimate dashboard analyzes trend strength from six major time frames: M5, M15, M30, H1, H4, D1 Show the result in graphic format. You can identify which currenci

Utility for reading news from investing.com To access the site, you need to add WebRequest in the Options terminal menu on the Expert Advisors tab: https://sslecal2.investing.com If reading is successful, a message about writing the file is displayed. The INV_week_this.txt file is written to the MQL4\Files folder of the terminal and is kept up to date, updating data according to its own timer You can attach the utility to any chart with any time frame; one is enough to support indicators o

The indicator is based on the concept of price channels, which are formed by plotting the highest high and lowest low prices over a specified period of time. The Donchian Channel Indicator consists of three lines: an upper channel line, a lower channel line, and a middle channel line. The upper channel line represents the highest high over a specified period, while the lower channel line represents the lowest low. The middle channel line is the average of the two and can be used as a reference f

The indicator searches for the largest candles with minimum wicks for the last X candles. Sometimes, such candles mark the presence of a strong buyer, who quickly and strongly pushes the price in the right direction. However, most often, these are culmination candles, especially at the end of a prolonged trend when a single large candle knocks out stop losses of the most persistent traders and the price reverses instantly. The indicator allows you to open a position on the very edge of the marke

Free version. Only works on EURUSD. Do you want to always know in a quick glance where price is going? Are you tired of looking back and forth between different timeframes to understand that? This indicator might just be what you were looking for. Trend Signal Multitimeframe shows you if the current price is higher or lower than N. candles ago, on the various timeframes. It also displays how many pips higher or lower current price is compared to N. candles ago. Number N. is customizable The dat

FREE VERSION ONLY USE LOT SIZE 0.01 TO UNLOCK IT GO HERE  https://www.mql5.com/en/market/product/61498 SuperMac EA is a trading robot  for the trading on forex and trades  Scalping  Strategy and Tren Follower. This is a Trend Following system that trades in all session.   It use Multi Complex Algorithm to determine tren behaviour.  EA optimized on EURUSD, GBPUSD and NZDUSD (Use together) but can be use on other pair  Use PAIR can use 3 pairs (recommended to maximize profit) at the same tim

Introducing Momentum Jurik—an innovative indicator designed to optimize your forex trading strategy by incorporating custom moving averages based on the Momentum indicator with the MetaTrader 4 indicator, Momentum. Jurik moving averages are renowned for their precision and reliability in analyzing price movements in the forex market. They provide traders with smoother representations of price action, reducing noise and offering clearer signals for identifying trends and potential reversals.

By default Metatrader will show any newly created chart object on all timeframes. This handy utility will set the visibility of any new chart object drawn to be that of the current chart only.   e.g. If the chart timeframe is H4 then a new object will only be visible on the H4 timeframe.   Each object type can be included or excluded as required and, of course you can change the timeframes setting afterwards as this only operates at the point the chart object is created. Add to your chart a

This free MT4 indicator allows you to easily compare as many symbols as you want! Make sure that the input symbol matches the name displayed in the Market Watch ***Please comment, rate and share it to your friends if you like it*** ------------------------------------------------------------------------------ Comparing trading pairs is useful for several reasons, including: Identifying relative strength: Comparing trading pairs can help traders identify which currency or asset is relatively stro

This classic "old school" MAGIC MACD indicator gives you the cross of the parameters you set. Standart setting is (12,26,9) . The arrows give you a possible change of trend. Be careful and do not use this indicator as a single signal source. FREE version  Please feel free to check out our other REX indicator series. We do have other free indicators.     "OLD BUT GOLD"

"The trend is your friend, until the end when it bends". The "Hexa MA" custom indicator is a trend following indicator. It uses 6 Moving Averages to spot the trend and follow, and also to filter the bad signals for the fast Moving Averages. The basic is simple, yet the strategy is powerful. Recommended settings for the indicator : - Moving Average periods : SMA 5, SMA 10, SMA 20, SMA 50, SMA 100, SMA 200. - Timeframe : M15 is the default. But any timeframe can be used. - Currency pair : Since

This indicator displays the signals based on the values of the classic CCI indicator on the price chart. The CCI can be used for determining the overbought or oversold areas on the chart. Reaching these levels means that the market can soon turn around, but it does not give signal, as in a strong trend the market can stay in the overbought or oversold state for quite a long time. As with most oscillators, the signals are generated when leaving these areas. This indicator allows to display three

Note: this product is a free limited version of the full featured product Currency Timeframe Strength Matrix . It only includes AUD, CAD, CHF currencies instead of all 8 currencies. It includes only 5S, 1M, 5M time frames instead of all 8 (5S, 1M, 5M, 15M, 30M, 1H, 4H, 1D). What is it? The Currency TimeFrame Strength Matrix is a simple and comprehensive Forex map that gives a snapshot of what is happening in the Forex market at the very present time. It illustrates the strength and momentum

Tester BO and Tester Signal Bar is a script that allows you to test your trading strategies. The tester has two buffers with up / down signals. An example of use can be seen in the screenshots below. Using the indicator tester, you can achieve the maximum ratio of profitable trades for binary options. Improvement for forex is also planned. I wrote the idea at the very bottom in the “Planned work” group. You can filter your signals by the following data: 1- start date analyze. Interval (1 day, 7

Volume Cross Over is an indicator that measure positive and negative volume flow in a financial instrument, such as a stock, commodity, or index. It is base on the idea of On-Balance Volume developed by  Joseph Granville. However instead of trending lines, this indicator shows volume cross over.  When  the closing price of an asset is higher than the previous  closing price, then the Bull volume is greater  than zero and Bear volume is negative. It suggests that buying volume is dominating, a

This is a simple free tool for simulating trades when trading both AUDUSD and NZDUSD in a hedge strategy, you can drop the indicator on either market chart.  It is essential because you cannot tell at a glance, what a combined trade would be like, just by looking at the two individual charts separately.  New premium low cost indicator How to use: Drop the indicator on either AUDUSD or NZDUSD chart, or any other chart, it will work. You choose ploting period,   to the number of days/weeks

EA TradingPanel X advanced is a based on our free product TradingPanel X free version : Integrated News Feature Dynamic Take Profit (Trail Step) Multiple Trade handling Extended Ordermanagement Profit & Lot Informations Market Informations The EA has integrated dynamic Take Profit (Trail), this means, if you reach your defined TP it gives you the chance to follow on the Trend by dynamic TP & SL and extend your profits. Also a News Filter function is integrated. The EA working with real TP & SL n

Due to policy changes in MQL5.com, we cannot continue our free trial program here. However, you can request to test our EA in live account though   here  . Limitless EA is a   martingale based EA , which provide   a lot of configuration   to   customize your martingale strategy   to suit your   personal risk profile . Trading Strategy  Main characteristic of this EA: Martingale based strategy. Determine very short term trend as the aim is to get small profit on each trade. Open more trades to e

The recommended broker for using this utility is RoboForex or a similar one, with fast order execution and low spreads. The purpose of this utility is to open new market orders, manage them, and turn losing trades into profits using an internal algorithm for handling losses, trend filtering, and various types of trailing stops and take profits. It is suitable for trading any instruments and on any timeframes. The algorithm works separately for buy and sell operations, allowing trading in both d

GTAS Power is a momentum indicator that helps to determine deep trends using combination of moving averages. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The indicator is represented as a green or red histogram around a 0 equilibrium line. How to use When GTAS Power is green, deep trend is bullish. When it is red, deep trend is bearish. This indicator can be use as a filter in addition to other GTAS indi

Traditional Moving Average (SMA, EMA, SMMA, LWMA...) is very useful for identifying trends, but what will you do when you want to trade on lower timeframe, and you need to identify the bigger trend by a higher timeframe; Of course, you can make it by dividing your chart in separated windows, but your analytics will not be clear and intuitive ... That's why we build the Multi Timeframe Moving Average indicator. With Multi Timeframe Moving Average ( MTF_Moving Average ), you can determine the M

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Intraday Intensity Index (III) for Precision Forex Trading The Intraday Intensity Index, meticulously developed in MQL4, is a cutting-edge tool designed for enhancing forex trading analysis. This indicator offers a deep

Very simple indicator that shows if body of a new bar is bigger than the average bar body. We can use the indicator to notice bars that are bigger than usual, for example this could mean a new trend. Input params: history bars to display from how many bars to get the average bar body To calculate only bars from the same type distance for the dots bull color bear color dot size

The Chart Navigator is a powerful and user-friendly indicator designed to enhance your chart navigation experience in the MetaTrader platform. With its advanced features and intuitive interface, it enables traders to effortlessly explore multiple timeframes, switch between symbols, and efficiently analyze price movements. Key Features: Timeframe Navigation: Seamlessly switch between different timeframes with just a single click. The Chart Navigator provides a graphical object that allows you to

InpRSIshort =13; // RSI short  InpRSIPeriod =34; // RSI long  PeriodRs =0; //Price 0C 4HL/2 5HLC/3   mafast =13;//mafast  maslow =65;//MAslow Double line RSI sub graph index. The parameters are adjustable. The RSI lines with two different cycles can be used to observe the trend strength effectively. Meanwhile, a short period cross long period color column image is displayed below. When the cycle (Jin Cha) is on the short cycle, the color of the column map changes from the light green to th

Version History : Date Version Changes 6/20/2022 1.00 Initial release 6/21/2022  1.10 Add global variables for Minimum (SYMBOL_volume_min) and Maximum (SYMBOL_volume_max) History Volumes  Description : RedeeCash Volumes Indicator is the Volumes indicator that you have come to trust for market entry and exit with the added benefit of exposing key metrics as global variables. Including global variables in an indicator permits easier interaction with expert advisors (EA) and scripts. When attaching

One of the standard ways to determine the direction of price movement at a particular moment is to calculate a linear regression for the values of such a price over a certain period of time. This indicator displays a line on the price chart based on the values of the linear regression of the selected price for the selected period of time. The indicator is as simple as possible and can be used within any trading strategy. The indicator is not redrawn on fully formed bars. Settings: Ind_Period - T

This is a free plug-in for Control-adora Expert adviser. It's main function is to create a Buy Stop arrow on the chart or a Sell Stop arrow when the price crosses above or below a trend line, which will allow Control-adora expert open a new trade when the desired lines will be crossed by the price. Settings Prefix: Write here the prefix used to identify which trend lines are subject to be watched, value "Trendline" is set by default. Always use On Close Only: When set to true (by default) the

Hi New Update Available At Non Free Version. Its more profitable and saver than older one. Just Grab it fast. Every month price goes up This Free version Only use Lot 0.01 cannot modify the Lot Size. If You wanna unlock the lot size you can buy Pro Version at  https://www.mql5.com/en/market/product/49608 See EA Performance on Backtesting with low balance   =  https://youtu.be/8Wok_CTzcsQ Mata Elang EA is a trading robot  for the trading on forex and trades  Scalping  Strategy. This is a Tre

Introduction  This Indicator Is Based On Average Price/Maximum Price Moves, And Using Moving Bollinger Bands And Moving Averages. The Advantage Of Using It With YOUR own Analysis Will Confirm Potential Supports And Resistances While it Compliments With Your Analysis  The Indicator Is Non-Repainting AND Along With Our Special Trend METRE that Changes With The Conditions OF A Bullish Or Bearish Trend....  Recommend Time-Frames: H1  H4 M15 Usage: The Indicator Is Very Profitable I

a novel indicator by the maker of velvet.                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

The VMA is an exponential moving average that adjusts its smoothing constant on the basis of market volatility. Its sensitivity grows as long as the volatility of the data increases. Based on the Chande's Momentum Oscillator, the VMA can automatically adjust its smoothing period as market conditions change, helping you to detect trend reversals and retracements much quicker and more reliable when compared to traditional moving averages.

This Dashboard is free to download but is dependent on you owning the Flag Trend Pro  MT4  indicator.  Down load the indicator:  Flag Trend Pro  The   Dashboard      will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator: Gold Pro MT4   all time frame and all symbol:  smart algorithm detects the trend, filters out market noise and gives entry signals!!! How to understand the status: symbol -  Fill All the Pair what you want. M1, M5, M1

Follow the trail of the comet to know the development of the trend. This indicator helps you to determine the evolution of the price depending on how these astronomical objects are shown in the chart. When the comet seems to stop, it opens its tails considerably and warns us of a possible change in trend. On the contrary, when it seems to get speed (looks thin because lines of tail are grouped) demonstrates safety and continuity in trend. The head or comet nucleus will show red or green accordin

Индикатор Trender определяет смену тренда. Для того чтобы её не пропустить, настройте его на отправку уведомлений в ваш мобильный терминал (Push),  или в виде алерта ( Alert ), или по Email. Также индикатор предоставляет потенциальные точки входа и расчитывает и отображает уровни стоплосс и тейкпрофит. Преимущества: - Не перерисовывается - Может помочь в фильтрации сигналов в вашей стратегии - Работает на всех парах и таймфреймах - Прост в настройке  - Даёт уже готовые сигналы для открытия поз

The indicator plots an affine chart for the current instrument by subtracting the trend component from the price. When launched, creates a trend line in the main window. Position this line in the desired direction. The indicator plots an affine chart according to the specified trend. Input parameters Maximum number of pictured bars - the maximum number of displayed bars. Trend line name - name of the trend line. Trend line color - color of the trend line. Black candle color - color of a bullis

Currencies Cleaner  panel will give you an overview of all the most traded market's currencies in a single click. First of all the panel will refresh all your charts, opening them four times in all timeframes needed. 1 - CURRENCIES It uses a complex algorithm to study the movement of 17 different indicators. It means that the algorithm not only "reads" the actual value of an indicator, but also creates a probability of success using the position of this value on the indicator and the last move

The  Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indica

RTL Map (Reference Trend Line Map) - the indicator is based on a complex of digital technical indicators described in the article by Vladimir Kravchuk: " Digital indicators in the technical analysis of financial markets ". The indicator displays buy/sell signals on the price chart for such digital indicators of technical analysis as FTLM and STLM, as well as directly the lines of digital filters RSTL, SATL, RFTL, FATL. Signals are displayed on fully formed bars and are not redrawn. It is recomme

The MACD (Moving Average Convergence Divergence) indicator is one of the most widely used technical analysis tools by traders worldwide. Created by Gerald Appel in the 1970s, the MACD is an indicator that helps investors identify the trend direction, trend strength, and possible trend reversal points. The MACD indicator is composed of a histogram that shows the difference between the 12-period exponential moving average and the 26-period exponential moving average. The top part of the histogram

Introducing Demarker Jurik—an innovative indicator poised to revolutionize your forex trading strategy. This indicator combines the precision of custom moving averages based on the Demarker indicator with the MetaTrader 4 indicator, Demarker. Jurik moving averages are renowned for their accuracy and reliability in analyzing price movements in the forex market. They offer traders smoother representations of price action, filtering out noise and providing clearer signals for identifying trends

TrendFinder RSI are Colored candlesticks showing the trend based on The Relative Strength Index (RSI) This indicator will give you the color change on the next bar on the confirmation candle and will never repaint   TrendFinder RSI is optimize to trade on any market and to be used trending and None trending markets. For best results use this indicator as an extra tools after you have completed your regular analysis and use it for alerts based on such analysis.

The product combines the best features of the standard WPR oscillator with the adaptive digital filter. The indicator allows entering and exiting the market at the very beginning and end of a trend. The indicator generates high-probability signals while retaining high sensitivity. The indicator does not repaint on fully formed bars. Options: Ind_Price - price used for the indicator calculation; Ind_Period - indicator period. Application rules: A big red dot - a strong bearish trend, if the price

The “ Ticks Overcome Signal ” indicator, as outlined in your provided code, is a custom tool designed for use with MetaTrader 4 (MT4), a popular platform for Forex trading. This indicator seems to focus on tracking the momentum and direction of price movements by counting consecutive up and down ticks. Here’s an overview of the psychological aspects, logic benefits, and usage instructions for this indicator on MT4: Decision Support : Traders often face psychological challenges in decision-making

SYSTEM DESCRIPTION: Cyber Capital TRADE HUB is support software for traders who wish to improve and speed up the opening, closing, and management of trades, as well as their own risk management. The system is developed for MT4 and allows you to open and close positions with fixed or automated lots based on percentage risk in one click. All the features of the dashboard are listed below. In addition to the normal functions of a trading dahsboard there is the ability to open manual trades with th

Classic indicator. The Fractals indicator analyzes the price patterns that form on the candlestick chart and display the reversal points of the market trend. The indicator consists of candles, the middle of which is either the highest (up fractal) or the lowest (down fractal). Highs and lows, indicated by the indicator on the chart, are recommended to be taken as points that form support and resistance lines. Unlike the original indicator, where fractals are formed by five candles (high/low in t

Dear Valuable Friends ,   This New Free EA works as below : - waiting the M15 diagram to show the reverse or continuing of the trend - confirm  signal on H4 Diagram . - wait till the entry strategy is being extremely true  - put direct entry point (sell or Buy ) and put Pending Orders (P.O) in grid   All these will be Active after manually set in common parameters that u fully controlled . Check the pics to recognize .. for any Question write to me directly .. Best Luck  Best Luck  

If you have difficulty determining the trend as well as entry points, stop loss points, and take profit points, "Ladder Heaven" will help you with that. The "Ladder Heaven" algorithm is operated on price depending on the parameters you input and will provide you with signals, trends, entry points, stop loss points, take profit points, support and resistance in the trend That direction. Helps you easily identify trends, stop losses and take profits in your strategy! MT5 Version:   Click he

Tool converted from tradingview. A simple indicator that plots difference between 2 moving averages and depicts convergance/divergance in color coded format. Anything <= 0 is   red   and shows a   bearish   trend whereas > 0 is   green   and shows   bullish   trend. Adjust the input parameters as following for your preferred time frame : 4-Hr: Exponential, 15, 30 Daily: Exponential, 10, 20 Weekly: Exponential, 5, 10

One of the basic rules of trading is that the trend is your friend. The presented indicator is one of the best solutions for building your own trading system. Basic rules for its use: Green line - buy trades are allowed; Red line - sell trades are allowed. The indicator displays signals confirming the development of a bullish and bearish trend using the TTF oscillator algorithm. Trend Trigger Factor (TTF) determines a price movement direction comparing its high and low with high and low of a pri

Universal trading advisor "WOz" with a built-in trading panel The EA's capabilities can be easily tested in the strategy tester in visual mode. The EA can simulate real trading with the ability to move the SL and TP levels.  The EA has 5 modes of operation:  1. AUTOTRADING automatic trading mode on a set signal  2. ONLY SIGNAL mode of tracking the set signal without auto trading  3. RANGE MODUS mode of automatic placement of equidistant orders on Bayi Sell at a specified time  4. H

This indicator will turn the colors of your candles into a trend oriented colored showing 4 different colors based on two moving averages and the slope of the slow moving average. very powerful indicator for all periods of time showing you the direction of the trend to confirm your trades. Green: Bullish Dark Green: Bullish Weak Light red: Bearish Weak Red: Bearish  For more info: https://linktr.ee/trader_1st

Dynamic Price Volatility Indicator (DPVI) The Dynamic Price Volatility Indicator (DPVI) is designed to provide traders with valuable insights into market volatility and potential price movements. It combines elements of volatility analysis and trend identification to assist traders in making informed trading decisions. Features: Dynamic Volatility Bands: utilizes a proprietary algorithm to calculate dynamic volatility bands that adjust in real-time based on market conditions. These bands act

This scanner shows the trend values based on crossovers of two moving averages for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29159 Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are

Dear Friends .. As I promised you , this is a demo version of my Expert Advisor that works only on Daw Jones (US30) It works on simple strategy , Scalper and trend EA . It use the manual lot size that you put in parameters and use the trailing stop to minimize the lost value  as much as it dose ,, So u need to put the lot size ( usually it 0.1 minimum in most companies ) and put your Trailing stop value  (if you want to cancel the trailing just put 0 in the parameter )  (for DJ try to multiply

The SFT Fibo Smart Pivot indicator is a powerful trading tool based on the Fibonacci Golden Ratio, designed to identify key support and resistance levels in the forex market. This indicator has the ability to pinpoint significant price levels that can serve as entry and exit points for trades. It enables traders to analyze the market more effectively and make well-informed decisions. The indicator uses the Fibonacci Golden Ratio to accurately determine support and resistance levels. These levels

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

Instant Trend Line  this indicator has been designed for multi time frame Buy Call: When the Blue Moving average (MA) line crossed above the Red Moving average (MA) . Sell Call: When the Blue Moving average (MA) line crossed below the Red Moving average (MA) . Happy and profitable trade for ever!!! this indicator is suitable for all time frame, but our recommended time frame is above 15 min chart. Suitable to all the forex chart

This indicator allows you to overlay three different moving averages on the chart simultaneously. Each of these moving averages has additional settings such as: -Time frame -Shift -MA method -Applied price Using this indicator, you can easily set up three moving averages and find the one that suits you the best. You can also use this indicator to determine the trend when the moving averages cross.

Long term stats is a trend indicator.  As the name suggests, it computes long term running average, standard deviation and min/max values Average and standard deviation are plotted on the graph and deviation value is taken as input parameter (similarly to bollinger bands). Historical minimum and maximum are plotted on the graph and updated for each bar, considering historical time series slope. (this is to somehow account for inflation/deflation) Can be used as filter for signals, as trigger to

Check out other great products from  https://www.mql5.com/en/users/augustinekamatu/seller   This indicator is the best so far at determining the currency strength of each pair. It provides stable values and is highly adaptive to market changes. It is a great tool to add to your arsenal to make sure you are on the right side of the trend at all times. No inputs required, it is simple plug and play. A Winning Trading Strategy This article describes the components and logic needed to develop a tr

Yuri Congia Market Info Indicator Description: The Yuri Congia Market Info Indicator is a tool for traders, providing a wide range of key data directly on the chart. Developed by Yuri Congia, this indicator offers detailed information on the current price, spread, daily highs and lows, remaining time before candle close, and more. It's an essential tool for traders who want immediate access to crucial information during their trading operations. Join me in the exciting world of financial trad

PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR  HERE  https://www.mql5.com/en/market/product/51637  AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS. The indicator was created to make trading very easy to understand. It is based on five moving average crosses and pivot points. Download the "EASY TREND" on my Product list for a more advanced and profiting trades.  You can trade with this indicator alone and get the maximum out of the market. If you are a new trader, just open your chart windo

This indicator is a histogram showing the trend based on 3 different moving averages. When all averages are set in ascending order, the indicator is green, and when in descending order, it is red. If the averages do not show a trend, the color is yellow. Additionally, each average can have different settings, such as Mode MA and Price MA. You can also set an alert and receive notifications on your phone. To enable the alert and push notification, you need to activate them first in the MT4 setti

A ratio between 0 and 1 with the higher values representing a more efficient or trending market,  It is used in the calculation of Perry J. Kaufman Adaptive Moving Average (KAMA), dividing the price change over a period by the absolute sum of the price movements that occurred to achieve that change. The Fractal Efficiency or also known as Efficiency Ratio was first published by Perry J. Kaufman in his book ‘Smarter Trading‘. This is mostly considered a filter for volatile markets none the less

The Starting Points indicator for MetaTrader 4 is a technical analysis tool that shows the monthly, weekly, and daily starting points, as well as the 1000-point and 500-point levels, in the forex market. The indicator is displayed as a series of horizontal lines that represent the starting points and levels. Benefits of Using the Starting Points Indicator Identify potential trend changes:   The Starting Points indicator can help traders identify potential trend changes by highlighting areas wher

A popular signal indicator marking buy/sell points. In this version, it is supplemented with optimal SL points. Recommended for use in conjunction with a trend indicator to filter signals. The indicator has only one adjustable parameter that determines its sensitivity, which greatly simplifies setting the indicator to the current market and the user's trading style. Indicator signals are given only after the full formation of the bar. The indicator can be used to trade any market. Its basic para

Introduction and Description The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in commodities but also equities and currencies. The CCI can be adjusted to the timeframe of the market traded on by changing the averaging period.  CCI indicator with different colors at levels 0, 100 and -100. The cross is a

Multiple RSI indicator works based on the standard RSI indicator. This indicator will display the RSI indicator from different timeframes on one screen. You will see the RSI indicator for all timeframes on one screen. This indicator saves you from constantly changing charts. At the same time you can analyze the operations of other graphs relative to each other. Features This indicator shows the RSI graph of the timeframe you are working on and the upper timeframe graphs. For example, if you ru

This indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second i