this is super simple starter code for anyone looking to work or build with support and resistance. it includes a mid-line which is calculated using the average of the support and r...
if a high has two preceding highs (rising) and two succeeding highs (falling), it is considered a swing highif a low has two preceding lows (falling) and two succeeding lows (risin...
hidden engulfing candlestick pattern with option to select two bar or three bars breaktwo bars break example: a bearish candle's open broken by a close of a bull candle which havin...
there are 2 input parameters:atrmultiplier: the lines will have this* the current atr value distance from the moving averages. period: high and low moving average, atr period. the ...
there are 2 input parameters:atrmultiplier: the lines will have this* the current atr value distance from the moving averages. period: high and low moving average, atr period. the ...
the multi-colored trend indicator is a simple but effective way to identify trends in the market. in this indicator i used two moving averages to calculate the trend direction and ...
this mt5 custom indicator, called "wd.range_dailyavg.mq5". basic idea is based on mt4 indicator 'tsr_ranges.mq4' by ogeimais. it is designed to calculate the 'average daily range' ...
here's how the indicator works: we know if the 'macd bar' is heading up, it indicates an upward trend on this current timeframe; conversely, if the 'macd bar' is heading down, it i...
with its advanced algorithm and precise calculations, this indicator provides traders with timely and highly reliable signals to enter or exit trades at the optimal point. by effec...
donchian channel the donchian channel is an indicator used in market trading developed by richard donchian it is formed by taking the highest high and the lowest low of the last n ...
it detects six continuous rising bull candles or falling bear candles and mark an arrowin technical analysis trader usually break operations of reversal trading when six soldier oc...
this indicator has an input field multiplication factor, where user can input any value to detect custom hammer or inverted hammerit will plot specified color from inputexample : i...
if previous candle is bear and current candle is bull with open below the previous candle's close, it marks a bullish arrowif previous candle is bull and current candle is bear wit...
comparison between upper wick and lower wick of a candle to find imbalance and plots an wingdinguser can define the multiplication in input field e.g. value of 2 means if upper wic...
horizontal grid controller with keyeventsl -> increase grid pointsk - > decrease grid pointsj - > reset grid points to defaultit also shows comment on chart about actual g...
click on candlestick to see its body range, high low range, upper wick range and lower wick range value.bullish candlestick body range = close - openbearish candlestick body range ...
the mt5 custom indicator, named "wd.multi_linema.mq5," is designed to offer traders valuable insights into moving average values from a higher timeframe (mtf multi timeframe). it e...
the purpose of this indicator is to demonstrate newbie friendly way a structure of a multi time frame indicator based on recursion.a function which is responsible of the indicator ...
this is the mt5 port of an indicator that i implemented for my personal use.it allows you to define a checklist that helps you check your rules before opening a trade.keep in mind ...
probably everyone has put up a heikin ashi chart one time or another. it makes it look so much cleaner with less noise and clearer trends.but there is one major flaw — it hides the...
probably everyone has put up a heikin ashi chart one time or another. it makes it look so much cleaner with less noise and clearer trends.but there is one major flaw — it hides the...
draw a rectangle on chart to plot custom grids based on points value on inputadded option to use rectangle range to draw grid if user wish to use it. set mode to true or false, tru...
the indicator precisely quantifies market noise, helping traders distinguish between periods of high and low volatilitygraphically represented on the chart, allowing for easy inter...
candle zigzag is an indicator which changes its leg if a candlestick color changesit supports period of 1 while default zigzag in example folder does not work for period 1.it helps...
what is volume profile? the volume profile tool, also known as horizontal volume, illustrates transaction volume at each price within a specific time range using a horizontal histo...
"wd.multi_clockprice lite!" is designed to provide a visual representation of the mt5 terminal server time and bid price on the chart. it contains basic features for displaying clo...
ssh is a famous indicator which uses moving average high and low prices of candles to draw two lines. the cross point of these two lines considered as signal for buy or sell.illust...
basics:rsi indicator is frequently used in trading decisions coupled with levels checking. levels are supposed to show if there is overbought or oversold condition. but frequently ...
the mt5 custom indicator, named 'wd.range_bb,' is designed to display bollinger bands with customized colors and line styles on the chart and calculate the range bandwidth. the ran...
this is an indicator to calculate 14 types of moving averages based on close price.the calculations are mostly based on pine script libraries.types included are:sma, ema, wma, vwma...
candlestick fitness concept is used in coding hft algos based on population optimization algorithms.this simple indicator hides those candles which are unfit e.g. body range (open-...
the indicator can calculate gain/loss in two modes: plain candlestick close and open difference, and as difference between current close and previous close. you can set minimum c...
voitto tappio displays the gains and losses for all candles where the given threshold is surpassed. the values are calculated in points and percentage. the indicator can calculate ...
this is an indicator to calculate 4 types of atr weighted moving averages.the calculations are based on pine script library "taext by thebacktestguy".types included are:atrwsma, at...
fair value gaps are used in ict's smart money concept where there is an imbalanace of 1 point or more between 1st candle's high and 3rd candle 's low in bullish and 1st candle 's l...
in an algorithm experiment, candlesticks were studied with a behavior of frog jump. it is considered a frog never jumps a single block of leaf in the pond but covers a distance fro...