Comparison of Open and Close prices often does not give a correct assessment of the direction of the candle. To use in MT4, change the file extension to .mq4 or download ....
Theory : Indicator based on M.H.Pee's article "Just How Long Will A Trend Go On? Trend Continuation Factor".Because trends are an important component of the market, it is imperativ...
Theory : Based on the "Are You in A Trend" article by M.H.Pee :The trend detection index (TDI) is used to detect when a trend has begun and when it has come to an end. The TDI can ...
This EA will make a trade based on "Pull Back and Candle Action".Candle action part used "acandlepatterns.mqh" provided by MetaQuotes.This program was very useful for improving the...
Theory : It was created by M.H.Pee. The definition (in short) is the following :To calculate a 30-day trend intensity index (TII), follow these steps:Obtain the 60-day simple movin...
P.H.Pee has created a few indicators. In the series of those created by him there is a phase change index tooit is inverted (the original shows values when the phase should change,...
Basics : BB stops, as it is in original, is based on simple moving average (that is the average that is used in Bollinger bands). Since then we had a couple of changes in that - in...
The EA applies position volume calculation based on trading history:Maximum Risk in percentage Decrease factor (activated if loss-making trades are detected) History days - number ...
Fig. 1. Hans_Indicator_x22_Cloud_System_Alert indicator. Channel breakthrough on the first barFig. 2. Hans_Indicator_x22_Cloud_System_Alert indicator. Activating an alert...
indicator with the timeframe selection option available in input parameters:For the indicator to operate, the XBullsBearsEyes_Vol_Direct.ex5indicators should be added to the <te...
Bigeev RustemThe HLCrossSigForRSI is considered as a trend indicator since it is intended for "catching" trends. However, it's a pretty complex and informative indicator that allow...
Linear regression slope oscillator displays the slope of the current linear model of the price for the selected period.It has one configurable parameter:Period - calculation period...
Gann HiLo Activator/SuperTrend Bar signal indicator is based on and indicators.It has four inputs:GHLA period- Gunn HiLo Activator calculation periodSuperTrend period- SuperTrend c...
Gann HiLo Activator indicator is a simple trend indicator with a colored line.It has one configurable parameter:Period - calculation periodCalculation:If Direction < 0GHLA = Avg...
Elder Impulse System signal indicator is Alexander Elder's impulse system. The system uses the slope of the exponential moving average and the MACD histogram to classify trends.The...
Double Top indicator detects and displays single and double tops and bottoms.The indicator has three input parameters:Minumum Height/Depth- minimum height/depth of a top/bottom in ...
Expert Advisor based on iAO (Awesome Oscillator, AO). The EA works on netting and hedging accounts. The market entry/exit conditions are checked only when a new bar appears.Market ...
Triangular Moving Average Convergence/Divergence oscillator - MACD based on .It has four inputs:Fast TriMA period- fast TriMA period Slow TriMA period- slow TriMA periodSignal peri...
Olivier Seban's SuperTrend indicator.The indicator has three input parameters:Period - calculation periodShift - indicator line shift from the price in pointsUse filter- use the tr...
Smoothed Momentum indicator is a smoothed momentum.There are five inputs:Momentum period- calculation periodUse smoothing(Yes/No)Smoothing periodSmoothing methodApplied price- Mome...
The EA works with positions of a symbol chart it is launched at. For example, if it is launched on USDJPY chart, the EA tracks all positions on USDJPY symbol. The unique EA identif...
The trading system based on the signals of the indicator. Trading signals are formed when a bar closes if the histogram direction has changed (which is displayed by five-pointed st...
The trading system based on the signals of the indicator. The signal is formed when a bar is closing if there is breakthrough of an overbought/oversold level. Since there are two l...
The indicator paints candles going beyond the channel expansion. Candlesticks outside the channel limits are marked with color according to the trend. Candlesticks with the trend h...
RSI of MA is an exponentially smoothed RSI based on exponential moving average data.It has six input parameters:Source EMA period- initial EMA calculation periodSource applied pric...
RSI Divergence draws the RSI indicator line in a separate window and displays found divergences in the indicator window and on the price chart.It has six input parameters:Period - ...
Like , the indicator displays values of maximum deviation between MA and the price. However, unlike , it uses a colored histogram in a separate window.Frames are used to detect max...
Deviation from MA displays values of maximum deviation between MA and the price.Frames are used to detect maximum values (as when searching for fractals). Signal pointers are set t...
It has two configurable parameters:Period - calculation periodAD method - accumulation/distribution calculation methodClassical MT- standard as in MetaTraderTrade Station- as in Tr...
The EA waits for a control bar having its open hour equal to Start hour. After that, the search for maximum and minimum prices from the current bar up to the Search depthbar is per...
Investors vs Speculators displays the ratio of major players' actions (Investors) to the actions of market traders (Speculators).It has two configurable parameters:Period - calcula...
Elliot Wave Oscillator displays the difference between two moving averages as a colored histogram.It has four inputs:Fast MA periodSlow MA periodMethod - МА calculation methodAppli...
ADX Trend signal indicator analyzes the values of three ADX indicators and sets signal pointers.There are seven configurable parameters:First ADX period- first ADX calculation peri...
Fan WRSI with Average line is an RSI fan by J. Welles Wilder in the form of an oscillator in a separate window with the average line. Oscillator values oscillate with the +1/-1 ran...
indicator with the timeframe selection option available in input parameters:For the indicator to operate, the JMACandleTrend.ex5indicators should be added to the <terminal_data_...
Zero breakthrough by the histogram;Changing the histogram movement direction;Overbought or oversold levels breakthrough;Exiting overbought or oversold areas.Input parameters for ac...
During the first launch, the line that sets the trigger level is colored gray and remains inactive.Fig. 1. PriceAlert_V2 indicator. Inactive price lineWhen a trader changes the lin...
indicator with the timeframe selection option available in input parameters:For the indicator to operate, the BullsBearsEyes_Vol.ex5indicators should be added to the <terminal_d...
indicator shows direction of the histogram bars movement using colored icons on these bars.The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_fol...
During the first launch, the line that sets the trigger level is colored gray and remains inactive.Fig. 1. TrendLineAlert_V2 indicator. Inactive trend lineWhen a trader changes the...
The EA is based on indicator and implements the following conditions:If MA Close exceeds MA (H+L+O+C)/4, while MA (H+L+O+C)/4 exceeds MA Open - BUY.If MA Close is less than MA (H+L...
This cross-platform allows working with a virtual trading environment in one of the easiest ways.Scenarios for using a virtual trading environment Real time tester.This means, you ...
The indicator is based on three moving averages. If we attach these MAs to the chart, we get something similar to Alligator. The operation principle is similar as well.If MA Close ...
The Expert Advisor based on iRSI (Relative Strength Index, RSI) indicator and a small neural network. Use OHLC mode during optimization - the EA itself only operates when a new bar...
indicator with additional averaging of the resulting histogram. A similar averaging is applied to dynamic overbought/oversold levels as well.The indicator uses SmoothAlgorithms.mqh...
The JMACandleTrend_HTF_Signal indicator shows the trend direction or a signal for performing a trade generated by the indicator at the chosen bar as a graphic object with colored i...
The indicator shows information on the current trends, using the colors of the indicator from ten different timeframes.Each of the ten indicator lines corresponds to a separate ind...
JMACandleTrend_x10 shows the direction of indicator signals from ten different timeframes from the bar defined in the indicator input parameters. A trend continuation is displayed ...