This indicator plots the ZigZag indicator using high and low prices.The drawing style allows for the creation of sections based on the values of two indicator buffers. This feature...
This indicator plots arrows on the chart when the current bar's closing price is greater than the previous bar's closing price.The color, width, shift, and character code of the ar...
This indicator identifies potential price reversals based on a sequence of bars and subsequent price action confirmation.Indicator LogicThe indicator analyzes the number of bars on...
This indicator compares four types of regression: linear, quadratic, logarithmic, and exponential, selecting the one that best fits the analyzed data.Improvements and Corrections:-...
RD i Forex Forecast Indicator
Description: This indicator forecasts future price movements (highest and lowest) by analyzing similar past price patterns using a weighted mean. It ...
BB Squeeze Indicator with OSMA MomentumThis indicator is a variation of the BB Squeeze indicator that utilizes OSMA (Oscillator of Moving Average Convergence Divergence) for moment...
This indicator automatically calculates and displays Exponential Moving Average (EMA) envelopes.It provides a visual representation of price volatility and potential trading ranges...
Premier Stochastic Oscillator [v01]
This indicator is based on an article published in TASC magazine by Lee Leibfarth in August 2008.
Refer to the original article for detailed e...
The TRIX Indicator is a versatile technical analysis tool designed for the MetaTrader 4 and MetaTrader 5 platforms.This indicator provides traders with a reliable method for analyz...
This indicator allows you to utilize the Stochastic Oscillator across a single current timeframe or up to four different timeframes. When configured for multiple timeframes (timefr...
This indicator automatically draws envelopes around price action based on configurable parameters. It can be used for identifying potential trading ranges, overbought/oversold cond...
This indicator plots a line based on the closing price, with colors changing according to the specified drawing style.It utilizes two indicator buffers. The first buffer stores the...
This indicator demonstrates drawing styles by plotting color sections with a specified number of bars. Two indicator buffers are utilized: the first stores the high price of the ba...
This indicator demonstrates drawing styles by plotting a sin(x) function as a color histogram in a separate window.
Two indicator buffers are utilized: the first contains the sin(x...
This indicator demonstrates drawing styles for each bar by plotting a section between the open and close prices.It utilizes three indicator buffers:- The first buffer stores the hi...
This indicator demonstrates a method for drawing arrows on the chart.It utilizes symbols from the windings font to represent these arrows.Two indicator buffers are employed: one st...
An indicator that draws a ZigZag based on high and low prices, utilizing a customizable drawing style.The color, thickness, and style of the ZigZag lines are randomly changed every...
This is an example indicator that draws bars for a specified instrument in a separate window.The color of the bars changes randomly every N ticks.The N parameter of the indicator i...
This is an example of an indicator that draws candlesticks for a specified instrument in a separate window.Indicator DescriptionThe color of the candlesticks changes randomly every...
The Kaufman Volatility Indicator (KVI) is a technical analysis tool designed to measure the degree of price variation in a financial market.Developed by Perry J. Kaufman, this indi...
The Kaufman Efficiency Ratio (KER) is a technical indicator developed by Perry Kaufman. It measures the efficiency of price movement by comparing the distance prices have moved to ...
This indicator performs a regression analysis, comparing four types: linear, quadratic, logarithmic, and exponential. It automatically selects the regression type that best fits th...
This is a discussion about the Volume Spread Analysis, or VSA, method developed by Tom Williams.
It provides signals in the form of arrow signs.
To effectively trade using VSA, it ...
This indicator calls iMACD through the iCustom function to perform its calculations. It was initially thought that the built-in MACD would not provide the desired results, however,...
This is a unique chart that displays three candles per trading day, focusing on the London and New York trading sessions. The chart is divided into three segments: London open to N...
This indicator is designed to provide valuable insights for traders, particularly scalpers, to determine if a trend is gaining or losing momentum.Key Features- The indicator can be...
Indicator Description:What's new in the latest version.1: Fixed an issue where lines were not redrawing and remained static.2: Lines display different colors based on the trend sta...
MA Crosses Indicator calculates the percentage of moving averages (MAs) that are above slower MAs. The indicator rises when an MA crosses above another and falls when an MA crosses...
This indicator displays the average movement of two correlated currency pairs on the same timeframe.For example, when analyzing EURUSD and USDCHF, a green histogram indicates an as...
Velocity is calculated as the difference between the high and low price of a bar, divided by time. The time period can be set to minutes, hours, or days, with seconds as the defaul...
The buy/sell signals of the indicator are based on the crossover of two moving averages with different periods.The indicator includes the following features:- A filter based on the...
The buy/sell signals of the indicator are based on the crossover of two moving averages (MA) with different periods.Indicator Features- Filter based on RSI (Relative Strength Index...
Channel Scalper M1-M15
An indicator designed for scalping strategies on M1 and M15 timeframes.This indicator facilitates an easy channel trading strategy. The recommended approach...
Bollinger Bands Breakout Indicator and Band Width AnalysisThis indicator visualizes Bollinger Bands breakouts and calculates the width of the bands.Version 1 Features:- An orange l...
Blau Momentum Indicator (MTM) by William Blau.
This indicator calculates the absolute price change and applies smoothing, offering a different approach compared to the standard bui...
Displays the current timeframe and symbol name in a large font on the chart background.This is useful when frequently switching between charts with different symbols.InstructionsSe...
This indicator draws two trendlines on the chart.The trendlines, which can be repositioned, serve as upper and lower alert levels.An alert is triggered when the mid-price crosses e...
True Strength Index Indicator by William Blau.True Strength Index(TSI, Q-Period Smoothed Momentum) is a normalized momentum indicator developed by William Blau. The indicator value...
This indicator calculates the correlation between Moving Averages (MAs) of different periods.Indicator Lines:- Black/Red Dots: Display buy (above chart) or sell (below chart) signa...
This indicator was originally presented in the October 2010 issue of Stocks & Commodities magazine and received the Reader's Choice Award in 2011.The indicator starts by smoothing ...
The Ergodic Oscillator, developed by William Blau, is an indicator designed to signal trend reversals.It utilizes a signal line for identifying potential changes in trend direction...
Smoothed Q-Period Stochastic Indicator by William Blau
This indicator is based on the standard stochastic indicator and calculates the distance between the current closing price a...
Stochastic Index (Normalized Smoothed Q-Period Stochastic) by William Blau.
This indicator normalizes and maps the values of a Q-period smoothed stochastic into the [0, 100] interv...
Stochastic Oscillator Blau TS is based on the work of William Blau.
Installation:
Place the file willamblau.mqh in the following directory:
terminal_data_folder\mql5\include\
Pla...
Stochastic Momentum (SM) Indicator by William BlauThe Q-period Stochastic Momentum is defined as the distance of the current close price from the midpoint of the Q bars.The value o...
Stochastic Momentum Index (SMI) by William Blau is based on the indicator. The Stochastic Momentum Index is normalized to half of a Q-period price range and mapped into the [–100,+...
Stochastic Momentum Oscillator by William Blau
This indicator is based on the Stochastic Oscillator.
To use this indicator, you need to place the following files in the specified...