variance
welford’s method for computing variance (published here : ) is using single pass method for calculation, but it is still using a loop.this method is avoiding loops after initial va...
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adaptive moving average - am a
theory : usage : you can use color changes as signals. the color changes are not repainting...
ma c d colored histogram 2019
green = bullish trend red= bearish trend gray= retracement in bullish/bearish trend started used with bollinger band to detect possible reversal point in ongoing trend....
rs i candles revised
quoted from combination of 4 rsi values (rsi of high, low, open and close) displayed as candles....
relative at r
the atr is a great tool. however, it cannot be used as a volatility indicator. i've bound it within 0 - 100% and compared it to the previous x days so a comparison can be made.reco...
hl c trend
it is a good trend indicator that has two lines. when white line is above the blue line then this is a buy signal, otherwise it is sell signal.based on tradingview indicator that h...
quarters theory
quarters theory takes full levels and divides these into halfs and quarters. you can use these levels as support and resistance.white lines - majors/wholes/fulle levelsyellow lines...
camarilla flat and clear
Download the source code for this indicator
max cd
three moving averages convergence/divergence - indicator for mt4hopefully useful for fellow traders....
volatility ratio
the comparison may serve as a reminder how some things are much simpler in mt5 now (non-repainting color line for example, since almost the whole change in this indicator is a chan...
bears bulls power
indicator bears and bulls power for mt4 together in one separate window.hopefully useful for fellow traders....
d trends
arrow trends by ibearspower and ibullspower indicator for mt4.hopefully useful for fellow traders.update_01: 2019/07/31 ~ added distance in input property from zero in pips....
evenly weighted dx y and changeable base currency
Download the source code for this indicator
overlay chart modified to not repaint on each bar
image: modified overlay chart usdjpy vs usdchf (4hr chart)functionthe original overlay chart is used to have two currencies or 2 assets on 1 chart.the relative price of the one cur...
adaptive at r
one more in the series of indicators that are usually not made as adaptive : this is an adaptive atr for metatrader 4.apart from being adaptive, there is one more deviation in it -...
training chart generator/controller
two indicators are required:- trainingchartgenerator.mq4 to be added to a chart where all bars are to be based on.- trainingchartcontroller.mq4 to be added to the training/controll...
5 minutes scalping system
it is a manual trading system consisting of 5 indicators. open long position when all indicators are in blue, and open short when all indicators are in red.indicators auto turn cha...
i double channel
indicator makes a channel using two moving averages.it is an indicator of technical analysis that aims to assist every trader in his manual trades....
i rs i advanced histo
the indicator is shown in a histogram the rsi up and downtrend uses a different way.you can set period of indicator and levels for trend.the feature that makes it stand out is that...
i cc i advanced histo
the indicator is shown in a histogram the cci up and downtrend uses a different way.you can set period of indicator and levels for trend.the feature that makes it stand out is that...
i at r advanced histo
the indicator is shown in a histogram the atr uptrend and downtrend uses a different way.you can set period of indicator and levels for trend.the feature that makes it stand out is...
i bears bulls advanced histo
the indicator is shown in a histogram the bull and bears uptrend and downtrend uses a different way.you can set period of indicator and levels for trend.the feature that makes it s...
i stochastic advanced histo
the indicator is shown in a histogram the stochastic uptrend and downtrend uses a different way.you can set period of indicator and levels for trend.the feature that makes it stand...
i ma c d advanced histo
the indicator is shown in a histogram the macd uptrend and downtrend uses a different way.you can set period of indicator and levels for trend...
i bands advanced histo
the indicator is shown in a histogram the bands uptrend and downtrend uses a different way.you can set period of indicator and levels for trend....
i ad x advanced histo
the indicator is shown in a histogram the adx uptrend and downtrend uses a different way.you can set period of indicator and bars count averages levels....
zig zag based on close prices
the code is based on indicator zigzag which is in-built in mt4, developed by metaquotes.i have changed it slightly so that it isn't calculated on highest highs and lowest lows, but...
vr calculate martingale lite
average price indicator that helps the trader to calculate the price for closing all the orders without loss and profit.with the help of the indicator, the trader creates the virtu...
updated meta neural dashboard
this is an updated indicator i came across from an old forum thread back in year 2013, you find the forum thread here :i thought it was an interesting indicator and maybe it could ...
zig zag semaphore ( semafor ) indicator
the marks show the level of the mark with a small white dot for level one, a red circle around the white dot for level 2, a yellow circle around both the white dot and red circle f...
i wp r+
iwpr+ is an iwpr %range function with a positive value....
bid-ask-spread
the indicator shows bid-ask-spread information on chart...
ichimoku kinko hyo2
usage(updated 7.6.2020):the variables such as kijun,chikou... also contain their respective values at the specified shift as well. remember to put " #include <ichimoku2_kinko_hy...
pivots mt4
there were requests for this to be converted to mt4.the formulae used are:resistance 3 = high + 2*(pivot - low)resistance 2 = pivot + (r1 - s1)resistance 1 = 2 * pivot - lowpivot p...
rs i + mov i n g aver a g e
Download the source code for this indicator
volatility bar
i use the indicator mainly in my advisors to divide the market into volatile and flat.recommended m5 timeframe.the indicator is displayed by a straight line in a separate one under...
dynamic pivot
supported timeframe :current m1 m5 m15 m30 h1 h4 daily weekly monthly quarterly (buggy - removed) semester (buggy - removed) formula :resistance 3 = high + 2 * (pivot - low) resist...
rs i with bb
the indicator consists in an rsi and bollinger bands calculated on it, it also plots arrows when rsi value was out of bands and came again in bands....
daily/weekly hl
a simple indicator to see previous high/low for d1 and w1, made with objects (trendlines)....
spread watch
this indicator is ideal for scalpers who need to know the biggest spread possible with his broker. this will limit his stop-loss. stop-loss should be higher than the biggest spread...
time frame changer
pthe idea behind this code is to simplfy the time frame change for all opened charts. no external variable used, no calculations done.have fun !...
engulfing ma
example buy signalexample sell signal...
reflex
the background : it is a sort of a momentum like indicator and should be used like that. default set is rather long - as usual some experimenting with the parameters should be done...
trend flex
the background : it is a sort of a momentum like indicator and should be used like that. default set is rather long - as usual some experimenting with the parameters should be done...
trend flex x 2
based on : ...
arrow and smile
this is an input and output indicator.based on target bands atchange arrow for input information and smile for output information.the image just like below:free to enjoy it. ...
tether line indicator
give some idea from it and write this indicator.draw red line means the market up.otherwise draw blue line means the market down.hope u use well.enjoy it....
stochastic ma c d
backround: ...
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