theory : a z-score(aka, a standard score) indicates how many an element is from the mean. a z-score can be calculated from the following formula.z = (x - μ) / σwhere z is the z-sco...
description : change colors on no trade zones crossingchange colors on outer levels crossingchange colors on laguerre rsi slopechange colors on signal line crossingusage : dependin...
theory : although t3 is widely used, some of the details how it is calculated are less know. t3 has, internally, 6 "levels" or "steps" that it is using for calculation of the t3.in...
theory : ema (exponential moving average) is very well known and widely used indicator. more information on it can be found here :usage : comparison : for the sake of seeing what i...
theory : original hull moving average is calculated as lwma[square root(period), (2*lwma(period/2, price)-lwma(period, price)] (where lwma is linear weighted moving average). that ...
basics : the indicator is using 3 instances of the new fast ema hull (originally published here : ). that indicator is an extremely fast and smooth moving average. combining 3 inst...
i couldn't find mql5 code for the kelly criterion, so i decided to write it myself; but it turned out that the kelly criterion only works for bernoulli distributions. this means it...
description:the concept of relative strength to levy is based on the assumption that, securities which exhibited a large relative strength in the past will also develop relatively ...
definition : john ehlers’ “super smoother”, a 2-pole butterworth filter combined with a 2-bar sma that suppresses the nyquist frequencyusage : you can use color changes as signals....
basics : here we have a variation of super smoother (originally published here : ) that is using its own past values as a criteria for filtering out some false signals.usage : sinc...
definition : of limitations : maximal pass value allowed by the indicator is 10. to change it, change the line 4 of the code that goes like this :usage : you can use the color chan...
basics : usually cci is calculated as using average (simple moving average) and mean deviation.usage : you can use the color changes as signals when using this indicator...
basics : usually cci is calculated as using average (simple moving average) and mean deviation.usage : you can use the color changes as signals when using this indicator...
definition : "juice" indicator is showing if the level of standard deviation is above or bellow some desired level and, that way, it is showing if we are in a times of increased or...
the indicator with the ability to change the timeframe using the input parameters:for the indicator to operate, the wajdyss_ichimoku_candle.ex5indicator must be available under <...
the indicator with the ability to change the indicator timeframe using the input parameters:for the indicator to work, the braintrend2_v2.ex5indicator must be added to the <term...
the indicator with the ability to change the indicator timeframe using the input parameters:for the indicator to operate, the braintrend.ex5indicator must be added to the <termi...
three independent trading systems using indicators within a single ea with an ability to change the volume of a forthcoming trade depending on the results of the previous trades fo...
idea by:the expert advisor is based on the iichimoku (ichimoku kinko hyo) indicator. if the last position was closed at a loss, the next one will be opened with the increased volum...
the polarized fractal efficiency (pfe) indicator is designed for identifying trends.there are four input parameters:fast roc period- fast roc (rate of change) calculation period;sl...
the polarized fractal efficiency overlay (pfe_overlay) indicator is designed for identifying trends. unlike , the indicator is displayed on the price chart as the main indicator li...
rocx is a modified roc (rate of change) indicator displaying an absolute or relative price change.it is calculated as (current - previous) / previous, not (current / previous - 1)....
a colored smoothed that displays the most recent value as a price label with the possibility to round the indicator levels up to a required number of digits. the number of digits t...
the oscillator displayed as a color histogram.the indicator uses the smoothalgorithms.mqh library classes (copy it to <terminal_data_folder>\mql5\include). the detailed descr...
idea by:input parameters lots- position volume (always fixed, dynamic calculation is not used);stop loss- stop loss ("0.0" == off);take profit- take profit ("0.0" == off);trailing ...
the silence indicator displays aggressiveness (price change rate, the blue line) and volatility (the red line) in a separate window.the indicator has three input parameters:period-...
the slope direction line indicator is displayed as a colored moving average line indicating the average market movement direction.the indicator has three input parameters:period- c...
the oscillator displayed as a color histogram.the indicator uses the smoothalgorithms.mqh library classes (copy it to <terminal_data_folder>\mql5\include). the detailed descr...
idea by:how it works the ea only operates (opens new positions) when a new bar emerges.the volume of the opened position is equal to lots. stop loss, take profitand trailing stopca...
the stpmt (medium term weighted stochastics) indicator.the indicator has twenty six customizable parameters, of which 24 parameters are four similar blocks of parameters having six...
the vpci (volume price confirmation) indicator shows the relationship between the price and the volume.it has two input parameters:slow ma period- slow ma period;fast ma period- fa...
the signal and information indicator williams thrust is based on two williams' percent range indicators with different periods and their average values.there are five inputs:first ...
the wilder's smoothing average (wma) indicator.it has two input parameters:period- calculation period;applied price- price used for calculations. calculations:where:...
wmao (wilder's moving average oscillator) - an oscillator based on .the indicator has three input parameters:fast wma period- fast wma calculation period;slow wma period- slow wma ...
a signal indicator yabsi. it shows buy and sell labels on the price chart.it has one parameter:show price typical- display of the typical price line, based on which the calculation...
twiggs money flow is an indicator by colin twiggs, which uses .it has one configurable parameter:period- calculation period. calculations:where:interpretation:positive values of tw...
the triggerlines trend indicator draws two moving average lines colored in accordance with the trend direction:up - green; down - red. the indicator has three input parameters:peri...
the darvas box indicator by nicolas darvas is a channel filter indicator.the indicator has no input parameters.nicolas darvas invested in stocks and traded the channel breakout (bo...
the delta indicator draws two lines:red- the bar average price line (ohlc)/4;green- the line of the decimal logarithm of the current to previous (ohlc)/4 prices ratio. the indicato...
the delta oscillator indicator displays the difference in the indicator lines as a histogram.the indicator has no input parameters.calculations:where:fig. 1. delta_oscillatorfig. 2...
deviation oscillator - a volatility oscillator which represents a difference between the price and the ma, normalized within the selected range.there are four input parameters:ma p...
the dhlbo (dynamic high/low band overlay) indicator shows on the price chart two bands calculated based on the range highs/lows.it has two input parameters:period;expansion. calcul...
the indicator dhlpbo (dynamic high/low percentage band overlay). unlike , which displays two bands calculated based on the highs/lows of the range, this indicator constantly narrow...
the dinapoli preferred stochastic indicator uses the smoothing method described by joe dinapoli, which differs from the standard stochastic.there are four input parameters:%k perio...
the indicator with additional trend strength indication using colored dots based on the standard deviation algorithm.if the standard deviation of the colorxpwma_digit indicator is ...
the indicator with the ability to change the indicator timeframe using the input parameters:for the indicator to operate, the colorxpwma_digit.ex5indicator must be added to the <...
the indicator with the ability to change the indicator timeframe using the input parameters:for the indicator to operate, the trading_channel_index.ex5indicator must be added to th...