Bollinger Bands Outside Candle Alert signal indicator displays the price breaking through Bollinger Bands, places signal labels, paints a signal candle and activates a signal messa...
ADX Fractal Signals indicator is based on readings of four indicators: ADX, DMI, CCI and Fractals.There are five inputs:ADX period- ADX and DMI calculation periodCCI period- CCI ca...
indicator is able to color each line depending on its position relative to overbought and oversold areas. When launching the indicator, you can change the style and color of only t...
The indicator plots one vertical line per day in a specified moment of time.If several instances of the indicator with different parameters should be used for the chart layout, the...
Trend-following Slope Direction Line / Moving Average confirmation bars signal indicator is an equivalent of indicator. It compares direction of two moving averages: and and displa...
Trend indicator. The indicator displays the lines and compares direction of two moving averages: and If the indicator lines coincide, the price chart displays colored candles.It ha...
Why was there a need to improve the standard indicator? I wanted to test Moving Average indicator ([data folder]Indicators\Examples\Custom Moving Average.mq5) in the tetser, since ...
Mean Indicator displays two levels: average price of all bars of the current day and the average price of the previous day.It has one configurable parameter:Day hour begin- day sta...
Candle Range Envelop indicator displays candle length, average length for a period and two envelopes forming minimum and maximum values channel as a color histogram.It has eight ad...
The idea and the simplest algorithm are provided in the article ""The library has advanced functionality allowing you to create an unlimited number of "Agents".In addition, variati...
The Expert Advisor uses iMA (Moving Average, MA) indicator and W1 timeframe. A timeframe can also be set separately via the MA and OHLC: timeframeparameter. The Number of bars amon...
The Exp_XFisher_org_v1 EA is based on the signals generated by the oscillator. The signal is formed when a bar is closing if there is crossing of the main and signal lines of the i...
indicator with background filling for overbought/oversold areas, as well as for the channel between them.The indicator uses SmoothAlgorithms.mqh library classes (copy it to <ter...
The Expert Advisor uses iMA (Moving Average, MA), iAO (Awesome Oscillator, AO) and custom indicators. Stop loss and take profit can be set separately for BUY and SELL positions.The...
Zero breakthrough by the candle;Changing candle movement direction;Overbought or oversold levels breakthrough;Exiting overbought or oversold areas.Input parameters for activating s...
The indicator shows the gap size on the histogram. The gap is a rift between the current bar's Open price and Low/High of the previous bar.The tool is most efficient for symbols no...
Two identical trading systems (for long and short positions) based on the signals of the indicator, which can be configured in different ways within one Expert Advisor. For this pu...
Theory : People are using divergence in many way. Most of the methods are actually arbitrary (since the "extremes" are easily determined visually, while they are not as easily dete...
Theory :The idea for this type of divergence checking was explained here : . More information can be found at the original postThis indicator : It is using the linear regression ch...
Theory : Instead of using some fixed levels as a criteria for over-bought and oversold, now the indicator calculates "floating levels" which are adjusting itself to the changes of ...
Theory : According to Vitali Apirine’s article “Higher Highs & Lower Lows,” in in February 2016 issue of TASC, the momentum indicator-based system HHLLS (higher high, lower low...
Theory : The commodity channel index(CCI) is an oscillator originally introduced by Donald Lambert in 1980.CCI measures a security’s variation from the statistical mean.The CCI is ...
Theory : The original of deviation scaled ma was originally published here : with some more explanation. That original is using what Ehlers calls a "filer" which is simply a differ...
Theory : Deviation scaled MA tends to be a "fast" average, but if you attempt to use the slope change of it as signals, then you can run into a lot of false signals when the market...
Theory : This idea I found on the net. It was originally made by someone using "RicardoSantos" user name on one other trading platform forum. I liked the idea and the indicator is ...
Theory : This is an old idea : using the highest high and lowest low as support resistance.It is combining two highest high & lowest low calculations. The "slow" channel formed...
Theory : The indicator is calculating a smoother value of momentum ratio (current value compare to previous value) using a series of ema calculations for smoothing. The result is a...
I created it because there is no Bollinger bands in the MQL 5 wizard for some reason.It is not the purpose to make profit on this program alone.It is a purpose to incorporate it in...
Theory : Exponential moving average (EMA) is one of the most used ways of smoothing / filtering data. By its nature it is a first-order infinite impulse response filter that applie...
Theory : This "ribbon" indicator is using an EMA variation indicator that was originally published (with some more explanation) here :It is using the "speed" property of the ema va...
Theory : Making self adjusting levels is a method that in some cases "chooses" to do the full value calculation or just to "inherit" a previously calculated value. That implies tha...
Theory : Probability density function based MA is a sort of weighted moving average that uses probability density function to calculate the weights. By it's nature it is similar to...
Theory : Bill Williams's Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the bars midpoints (H+L)/2, which is subtracted from the ...
Theory : "Trend strength" is usually used on oscillators. But we also started using it on a non-oscillator types of indicators. This is one of themIt is using Ehlers' deviation sca...
Albeit forex with major pairs does not have volume information, one of the most used indicators where this information is available is Williams' Variable Accumulation Distribution,...
Every person who studied Technical Analysis knows that one of the drivers of Price Change is Volume. Several training courses show the monitoring of Volume changes using a Moving A...
Theory : The calculation of RSI is rather simple : we have to add the changes up and changes down. From those sums, we can then calculate the RSI (Relative Strength Index). At that...
Theory :As described by John Ehlers :We could measure the fractal dimension of prices by covering the curve with a series of small boxes. This is burdensome task, but if we note th...
Theory : Usage :You can use the color change as signals in this indicator. Some experimenting with the filter size and frama method calculations is advised...
The control dashboard has features as shown:Click "Trend Bar" to turn the indicator on or off.Drag and Drop "Non-Lag-MA" to reposition the information display.Clicking "Top Band" w...
Theory : It is based on 4 different period Hull moving averages and is indicating possible entry points based on the correlations of those 4 Hull averagesUsage : You can use the ar...
Theory : Usage : The usual way Schaff trend cycle is used - color changes can be used for signals, or you can define some levels as triggers for signals...
Theory : This "ribbon" indicator is using an Hull moving average variation indicator that was originally published (with some more explanation) here :It is using the "speed" proper...
Theory : Trend Trigger Factor was described by M.H. Pee in the Technical Analysis of Stocks and Commodities magazine in December, 2004. Usually the indicator is added some sort of ...