The idea of a Value Chart indicator was presented in the very good book I read back in 2020 , " Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile ", from the authors Mark Helweg and David Stendahl. The idea is simple and the result is pure genius: Present candlestick Price analysis in a detrended way!
HOW TO READ THIS INDICATOR
Look for Overbought and Oversold levels. Of course, you will need to test the settings a lot to find the "correct" one for your approach.
Totally linked to the result of a movement and the duration he had. Its height records how many ticks the asset walked during a given movement, its width shows us the duration that movement had. Its configuration must be in line with the Weis Wave Indicator configuration to observe the movement force and can indicate a possible accumulation or distribution of the movement;
The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions. If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread
Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia ( https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp
The Donchian Channel Channels are among the most popular tools of technical analysis, as they visually convey to the analyst the limits within which most price movement tends to occur. Channel users know that valuable information can be obtained at any time, whether prices are in the central region of a band or close to one of the border lines.
One of the best known techniques to explore these concepts is Bollinger Bands. However, John Bollinger was not the only one to research the applicatio
Qstick is a way to objectively quantify candlestick analysis and improve the interpretation of candlestick patterns. Qstick was developed by Tushar Chande and published in his book " The New Technical Trader - Boost Your Profit by Plugging Into the Latest Indicators (1994) ". Qstick is built based on a moving average of the difference between the Open and Close prices. The basis of the idea is that the Opening and Closing prices are the heart of candlestick analysis. We strongly recommend the re
Cybertrade Keltner Channels - MT5 Created by Chester Keltner, this is a volatility indicator used by technical analysis. It is possible to follow the trend of financial asset prices and generate support and resistance patterns. In addition, envelopes are a way of tracking volatility in order to identify opportunities to buy and sell these assets.
It works on periods longer than the period visible on the chart. All values are available in the form of buffers to simplify possible automations.
Metatrader 5 version of the famous Andre Machado's Tabajara indicator. If you don't know Andre Machado's Technical Analysis work you don't need this indicator... For those who need it and for those several friend traders who asked this porting from other platforms, here it is...
FEATURES
8-period Moving Average 20-period Moving Average 50-period Moving Average 200-period Moving Average Colored candles according to the inflexion of the 20-period MA
SETTINGS You can change the Period of all M
Imagine VWAP, MVWAP and MIDAS in one place... Well, you found it! Now you can track the movement of Big Players in various ways, as they in general pursue the benchmarks related to this measuring, gauging if they had good execution or poor execution on their orders. Traders and analysts use the VWAP to eliminate the noise that occurs throughout the day, so they can measure what prices buyers and sellers are really trading. VWAP gives traders insight into how a stock trades for that day and deter
The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade.
"The VZO is a leading volume oscillator; its basic usefulnes
The Weis Waves RSJ Indicator sums up volumes in each wave. This is how we receive a bar chart of cumulative volumes of alternating waves. Namely the cumulative volume makes the Weis wave charts unique. It allows comparing the relation of the wave sequence characteristics, such as correspondence of the applied force (expressed in the volume) and received result (the price progress).
If you still have questions, please contact me by direct message: https://www.mql5.com/en/users/robsjunqueira/
Aggression Volume Indicator is the kind of indicator that is rarely found in the MQL5 community because it is not based on the standard Volume data provided by the Metatrader 5 platform. It requires the scrutiny of all traffic Ticks requested on the platform... That said, Aggression Volume indicator requests all Tick Data from your Broker and processes it to build a very special version of a Volume Indicator, where Buyers and Sellers aggressions are plotted in a form of Histogram. Additionally,
Volume Weighted Average Price (VWAP) is a trading benchmark commonly used by Big Players that gives the average price a Symbol has traded throughout the day. It is based on both Volume and price. Additionally we put in this indicator the MVWAP (Moving Volume Weighted Average Price). For those who do not know the usage and the importance od this indicator I recommend a great article about this subject at Investopedia ( https://www.investopedia.com/articles/trading/11/trading-with-vwap-mvwap.asp )
This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them here: https://www.m
Wyckoff fans, enjoy!
Ideally to be used with the Weis Waves indicator, but it can be easily used alone, the Waves Sizer puts the range (in resulting Price movement) done by the Price on its market swings. You can control how accurate or loose will be the swings. This tool is very helpful for visually know how much the Price has traveled in your Timeframe. This way you can confront this level of effort with the resulting Volume, etc... Weis Waves indicator:
https://www.mql5.com/en/market/pro
This indicator sums up the difference between the sells aggression and the buys aggression that occurred in each Candle, graphically plotting the waves of accumulation of the aggression volumes. Through these waves an exponential average is calculated that indicates the direction of the business flow.
Note: This indicator DOES NOT WORK for Brokers and/or Markets WITHOUT the type of aggression (BUY or SELL). Be sure to try our Professional version with configurable features and alerts: Agr
Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
Coral trend is a trend-following indicator that is widely popular among FOREX traders . It is usually used as a confluence with other indicators. It uses combinations of moving averages with complex smoothing formulas! It has two configurable parameters: Coefficient - smoothing ratio (*)
Applied price Calculation: Coral = (-0.064) * B6 + 0.672 * B5 - 2.352 * B4 + 2.744 * B3
Forex Indicator Arrows is an arrow Indicator used as an assistant tool for your trading strategy. The indicator analyzes the standard deviation of bar close for a given period and generates a buy or sell signals if the deviation increases. It good to combo with Martingale EA to follow Trend and Sellect Buy Only/Sell Only for EA work Semi-Automatic. You can use this Indicator with any EAs in my Products.
Are you tired of drawing trendlines every time you're analyzing charts? Or perhaps you would like more consistency in your technical analysis. Then this is for you. This indicator will draw trend lines automatically when dropped on a chart. How it works Works similar to standard deviation channel found on mt4 and mt5. It has 2 parameters: 1. Starting Bar 2. Number of bars for calculation The starting bar is the bar which drawing of the trend lines will begin, while the number of bars for c
Donchian Channel is an indicator created by Richard Donchian. It is formed by taking the highest high and the lowest low of the last specified period in candles. The area between high and low is the channel for the chosen period.
Its configuration is simple. It is possible to have the average between the upper and lower lines, plus you have alerts when price hits one side. If you have any questions or find any bugs, please contact me. Enjoy!
Contact me for any queries or custom orders, if you want to use this in an EA. Key Features: Pattern Recognition : Identifies Fair Value Gaps (FVGs) Spots Break of Structure (BOS) points Detects Change of Character (CHoCH) patterns Versatile Application : Optimized for candlestick charts Compatible with any chart type and financial instrument Real-Time and Historical Analysis : Works seamlessly with both real-time and historical data Allows for backtesting strategies and live market analysis Vis
Combining the best of Price Action , Directional Movement , and Divergence/Convergence analysis, Candle Color Trend is a easy and reliable way to identify trend direction. The indicator automatically paints the candles according to the assumption that an uptrend is defined by prices that form a series of higher highs and higher lows. In contrast, a downtrend is defined by prices that form a series of lower highs and lower lows. Additionally, ADX Wilder indicator is used to measure trend weakness
The traditional Money Flow Index indicator, this time, EA friendly . There are 3 buffers exposed that can be used by EAs to automatically analyze the Overbought and Oversold conditions of the quote. Just use the traditional iCustom() function to get these signals. This Money Flow Index calculation is based on the traditional Metaquote's MFI indicator.
SETTINGS
MFI Period Volume type to analyze (Real Volume or Ticks) Starting Overbought region Starting Oversold region
USING WITH EAs
Buffer
# Indicador Daily High - Danilo Monteiro - MT5
## Descrição O Daily High/Low Labels é um indicador personalizado para MetaTrader 5 que exibe automaticamente as máximas e mínimas diárias no gráfico, facilitando a identificação rápida dos níveis importantes de preço. O indicador marca os preços com etiquetas e linhas horizontais, permitindo uma visualização clara dos níveis críticos do dia atual e anterior.
## Principais Características
### 1. Marcação Automática - Exibe automaticamente as m
Functional in the Forex market. Functional in the B3 market - Bolsa Brasil Balcão.
Motivation The technical Fibonacci retraction indicator for many is essential and the basis for all market movement forecasts. The name of the tool comes from the Italian mathematician Leonardo de Pisa (13th century).
This DEMO version will work in Meta Trader with Demo and Strategy Tester.
To purchase the Full version that works on a Real account, click on: https://www.mql5.com/en/market/product/38089
ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. If you want to monitor several timeframes in the same chart, just add the ATR Monitor indicator several tim
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link: https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
FX Levelsは、伝統的なLighthouseの手法と革新的なダイナミックアプローチを融合させた、極めて正確なサポート・レジスタンス指標で、すべての取引シンボルで完璧に機能します。これには通貨ペア、指数、株式、コモディティが含まれます。FX Levelsは反転ポイントを特定し、チャート上に表示します。 FX Levelsの開発にあたっては、ブローカーとそのデータフィードや時間設定のバリエーションに関する豊富な経験を生かしました。その結果、FX Levelsは異なるブローカー間でほぼ100%同一のレベルを識別できるようになりました。そして、FX Levelsのこの特別な機能は、他の支持線・抵抗線インジケーターにはない、前例のないレベルの信頼性をユーザーに提供します。 スタイン・インベストメンツでは、優れたトレーディングツールと優れたトレーディングツールの違いは細部にあるとして、細部に細心の注意を払っています。 お試しください
FX Levelsプロパティのほとんどの項目は直感的に理解できますが、ここでは重要な項目のみに絞って説明します。 まず、2つの分析方法を選択するオプション
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC)
Futures Break of Structure ( BoS )
Order block ( OB )
Higher time frame Order block / Point of Interest ( POI ) shown on current chart
Fair value Gap ( FVG ) / Imbalance - MTF ( Multi Time Frame )
HH/LL/HL/LH - MTF ( Multi Time Frame )
Choch MTF ( Multi Time Frame )
Volume Imbalance , MTF vIMB
Gap’s Power of 3
Equal High
Easy Buy 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. It canno
Golden Trend indicator is The best indicator for predicting trend movement this indicator never lags and never repaints and never back paints and give arrow buy and sell before the candle appear and it will help you and will make your trading decisions clearer its work on all currencies and gold and crypto and all time frame This unique indicator uses very secret algorithms to catch the trends, so you can trade using this indicator and see the trend clear on charts manual guide and
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle!
TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
** 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
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once.
Manual (Be sure to read before purchasing)
Advantages
1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen.
2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
Kono robotto wa idō heikin no kōsa de dōsa shimasu. Idō heikin wa kihontekini torendo o tsuiseki suru tame ni shiyō sa remasu. Idō heikin o kōsa sa seru senryaku wa, ōkina tsuyoki oyobi yowaki no ugoki o riyō suru koto o omona mokuteki to shite imasu. Subete no paramēta wa henshū kanōde tsukai yasuku, koreha jikken-tekina purojekutodesu. Kono robotto o shiyō shite chōsa o jisshi shi, mitsuketa sairyō no jōhō o watashitachi to kyōyū shite kudasai Aurélio Machado.
New candlestick alert, the alert appears according to the timeframe it is placed on. The indicator works on any asset, the alert can be silenced at any time, without the need to remove the indicator from the graph. It's great for those who can't keep an eye on the chart all the time. You can use this tool at work, college or anywhere else. It is also possible to receive signals directly on your cell phone by connecting to the metatrader. Aurélio Machado.
Injikētā wa, kaku chāto jikan no muttsu no shingō nimotozuite, onaji shisan no itsutsu no kotonaru chāto jikan no torendo o tsuiseki shimasu. Shihyō no omona mokuteki wa, sore ga oka reta kin'yū shisan no dai tasū no keikō o shimesu kotodesu. Shisutemu wa sū-kai no gurafikku jikan de keikō no jōhō o sōshin shimasu. Kore ni yori, yūzā wa shisan no ugoki no hiroi shiya o motsu koto ga dekimasu. Kono taipu no tsūru wa, operētā ga chūmon o jikkō suru no o shien suru koto de, yūzā no hitto-ritsu o ta
RSI Robot Easy kono kanzen ni kōsei kanōna robotto wa, RSI injikētā o bēsu to shite shiyō shite chūmon o jikkō suru koto o mokuteki to shite imasu. Kawa re sugi no ryōiki ni hairu toki, oyobi/ matawa ura re sugi no ryōiki o hanareru toki ni, entori ga hassei suru ka dō ka o sentaku suru koto ga kanōdesu. Ichido ni sutoppurosu to teikupurofitto, oyobi saidai chūmon-sū o settei suru koto ga kanōdesu.
Super usefull, it's what I need for not be watching the screen all day, only when the market arrives the zone that I'm interested on.