News EA Template for MT4
This is a template for an Expert Advisor (EA) that downloads news from investing.com, written in MQL4 without the use of DLL.If you're looking to implement news-based trading strat...
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BB MACD
BB MACD is a MACD (Moving Average Convergence Divergence) indicator variation with an addition of Bollinger Bands, which aids in identifying trend change points and gauging the str...
Woodies CCI System
The Woodies CCI System is designed for trading primarily on 5-minute charts. The indicator is optimized for this specific time frame with its default settings.For usage on other ti...
Stochastic RSI
Stochastic RSI (sometimes referred to as DTOSC - Dynamic Trend Oscillator) is a technical indicator derived from the Relative Strength Index (RSI). It is essentially a stochastic v...
Pivot Points Indicator
This indicator calculates pivot points using four different methods:- (Previous High + Previous Low + Previous Close) / 3- (Previous High + Previous Low + 2 * Previous Close) / 4- ...
Round Price Indicator
A variation on the T3 theme, this indicator creates envelopes using T3 for basic value instead of built-in averages. It functions similarly to standard envelopes, but remember that...
Guppy Multiple Moving Averages (MM) Indicator
This indicator is an enhanced version of the classic Guppy Multiple Moving Averages (MM) indicator, updated for modern trading platforms.The original indicator was based on Exponen...
Double Stochastic Indicator
A unique indicator that calculates a stochastic and then applies the same calculation to the resulting data.This innovative approach provides an additional layer of analysis, offer...
Highs and Lows Indicator
A straightforward indicator designed to display the high and low values of a specified time frame on the current chart.This tool offers the flexibility to limit the display of high...
Nonlag MA MACD
A variation of the MACD indicator that uses Nonlag MA for calculation, making it faster and more responsive.This indicator offers a unique approach by employing Nonlag MA for both ...
T3 Double Bands Indicator
This indicator displays three T3s calculated based on the high, close, and low prices.The indicator features a unique color-coding system. When the upper two T3s have the same slop...
Relative Volatility Index
The Relative Volatility Index is an indicator that deviates from the original calculation by incorporating smoothing. This modification addresses the 'jumpy' nature of the original...
Step Stochastic Indicator
The Step Stochastic indicator is designed to address the issue of deformation over time in traditional step stochastic indicators.The traditional step stochastic indicator calculat...
DT Oscillator
This is a DT Oscillator as described by Robert Miner. It includes additional features not available in MetaTrader 4, such as a filled zone between the oscillator and the signal lin...
Moving Averages for MT5
This script provides a comprehensive set of moving average indicators for MetaTrader 5 (MT5).It includes:- Simple Moving Average (SMA)- Exponential Moving Average (EMA)- Smoothed M...
ZeroLag TEMA Bars
This indicator is a multi-timeframe tool with alert functionality, covering the essential requirements for a comprehensive indicator.It provides a versatile solution for traders, o...
Leader of the MACD
This is the leader of the MACD indicator, which combines two indicators in one. It features a regular MACD displayed as lines (with the colored line representing the regular MACD a...
Keltner Channel
This indicator is based on the original Keltner Channel, which utilized a Simple Moving Average (SMA) and range-based band calculations, specifically the average range rather than ...
Spearman Rank Autocorrelation Indicator
This indicator calculates the autocorrelation of the Spearman Rank, a measure of the correlation between the indicator and itself. It includes additional features such as zones for...
Parabolic SA R
This is an improved Parabolic SAR indicator that addresses common issues with existing versions. It provides a more accurate calculation and a dual-color display for better trend v...
Keltner Channel Oscillator
The Keltner Channel Oscillator is a unique indicator designed to enhance the monitoring of channel breakouts. By transforming the traditional Keltner Channel into an oscillator for...
Hull Moving Average Variation
A variation of the Hull Moving Average that offers speed adjustment capabilities.This indicator provides traders with a versatile tool to fine-tune the sensitivity of the Hull Movi...
Volume Weighted Exponential Moving Average (VW EMA)
Unlike MetaTrader 4, MetaTrader 5 supports 'real' volumes for certain symbols. This indicator allows you to select between using real volume or tick volume (the default for forex s...
Volume Weighted Moving Average (VWMA)
This indicator calculates the Volume Weighted Moving Average (VWMA) for your charts, with the option to use either tick volume or real volume (for symbols that support real volumes...
Volume Weighted Wilder's DMI
This indicator is a volume-weighted version of Wilder's DMI (Directional Movement Index), also known as the real ADX.It offers flexibility by accommodating three types of volumes:-...
Averages MT F
This updated and upgraded indicator offers a comprehensive suite of 18 types of averages, providing a versatile tool for technical analysis.The available averages include:- Simple ...
Jurik Velocity for MetaTrader 5
This is a MetaTrader 5 version of the Jurik Velocity indicator, also known as the 'Smoother Moment'. It offers an additional choice of prices, including the Heiken Ashi variation, ...
Swing Line Indicator
This indicator is designed to provide a clear trading signal without any adjustable parameters. It is recommended for use on higher time frames, starting from the 1-hour chart, to ...
T3 Velocity Indicator
The T3 Velocity indicator is a refined momentum calculation based on Mark Jurik's work. Unlike some variations, the original Velocity by Jurik does not incorporate JMA. It offers a...
RS I Floating Levels
The Relative Strength Index (RSI) is a valuable tool, but it has a limiting characteristic known as the 'flattening property'. The issue is that longer RSI periods result in a flat...
CCI Averages Pre-Filtered
The CCI (Commodity Channel Index) is a valuable indicator, but its sensitivity to sudden price changes can limit its effectiveness. Traditional smoothing methods often diminish the...
RSI Filter
This RSI indicator is designed to function as a filter, analyzing RSI states by comparing them to the levels of 30 and 70. Based on the breaches of these levels, the indicator plot...
Draw Psy Levels
This indicator allows you to draw equidistant horizontal lines on your chart.To use this tool, you must specify the maximum and minimum prices. The indicator will then generate eve...
Super Trend Hull Indicator
This indicator is a variation of the popular Super Trend, utilizing the Hull Moving Average (HMA) for its calculations.The Super Trend Hull Indicator offers a unique approach to tr...
Super Trend Averages
This indicator is a variation of the Super Trend, incorporating 18 different averages for calculation.The Super Trend is a popular tool for trend identification and trade managemen...
Gaussian Filter for MetaTrader 5
This is a Gaussian filter designed for MetaTrader 5, offering enhanced functionality beyond the typical 4-pole limit.The filter can handle higher-order poles, up to 15, although pr...
Ehlers Inverse Fisher Transform
This indicator offers an Ehlers Inverse Fisher Transform with various RSI calculation options. The RSI variations include:- RSI (Wilder's RSI)- RSX (Cuttler's RSI)Each RSI type pro...
Multi-Pass Averages for MT5
The Multi-Pass Averages indicator for MetaTrader 5 offers a versatile approach to moving averages, providing 16 types of averages beyond the standard LWMA.This indicator is an expa...
Candle Timer Indicator
This indicator provides a visual countdown to the end of the current candle. It allows you to customize the display by selecting the color and font size of your choice.With this to...
Grid Maker
This indicator displays customizable vertical and horizontal lines, offering a versatile tool for various trading strategies.The indicator's key features include:- Entry levels ind...
Trading Sessions Indicator
This indicator highlights the opening and closing times of major trading sessions on the chart.Features:- Asian session: Orange- European session: Blue- American session: GreenThe ...
Directional RSI
This indicator is a modified RSI that incorporates directional movement, filtering, and Parabolic SAR to estimate trend changes. It provides a more nuanced view of market trends by...
Aroon Oscillator Line
The Aroon Oscillator is a powerful tool for trend identification and reversal detection. It is presented as a straightforward line, with color-coded trend changes for easy visualiz...
Absolute Strength Averages Indicator
This indicator calculates the absolute strength of averages, utilizing up to 18 types of averages in its calculation.Signal lines are included to provide early warnings of bull and...
Angle of Averages: A Solution to the Data Incompatibility Issue
The challenge of calculating the angle of an average in time series data is often overlooked. The issue arises due to the different data types on the x and y axes. As these axes re...
Rapid RS I
This is a 5-indicator package named 'Rapid RS I'. It offers a comprehensive solution for traders, ensuring reliable functionality within the MetaTrader platform. Adhering to the st...
T3 Standard Deviation Adaptive Indicator
This indicator is an adaptive version of the T3, utilizing standard deviations and featuring gradient colors. The gradient effect can be disabled by setting the starting and ending...
Super Smoother
This is the Super Smoother of prices. The only parameter that can be adjusted is the price used in the Super Smoother calculation. It can serve as an effective filter for price pre...
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