RSI that can use 4 different types of averages for RSI calculation was originally developed for MetaTrader 4 by ( (originally posted here: ).Recommendations Use some short period ...
Even though it seems like a funny name, it is not.Recommendations Use it as any previous session high/low indicator (mainly for possible break-outs). If you use multiple instances...
Probability levels based on ATR. "Probability" is calculated based on the projected Average True Range and previous period Close.Defaults are using daily period, but any time frame...
Woodies CCI is a momentum indicator that was developed by Ken Woods. It's based on a 14 period Commodity Channel Index (CCI). It's a fully unbounded oscillator with a base value of...
The Percentage Price Oscillator (PPO) is a technical Momentum indicator showing the relationship between two Moving Averages. To calculate the PPO, subtract the 26-day Exponential ...
The Percentage Price Oscillator Extended (PPO) is a technical Momentum indicator showing the relationship between two Moving Averages. To calculate the PPO, subtract the 26-day Exp...
Smoothed Rate of Change (Smoothed-RoC) is a refinement of Rate of Change (RoC) indicator that was developed by Fred G Schutzman. It differs from the RoC in that it based on Exponen...
Engineering a Better Stop: The Kase DevStops What all of this boils down to is that we need to take variance and skew into consideration when we are establishing a system for setti...
A variation of Deviation Stops (DevStops) indicator.Additionally each DevStop value is colored according to the slope (trend) of the line - when all are aligned in the same directi...
Since now we have a possibility of using real volumes too (where it is provided by the broker), seems that the Volume Rate of Change indicator becomes interesting to be used.The Vo...
Developed by Donald Lambert and featured in "Commodities" magazine in 1980, the Commodity Channel Index (CCI) is a versatile indicator that can be used to identify a new trend or w...
The Kijun-Sen is a major indicator line and component of the Ichimoku Kinko Hyo indicator, also known as the Ichimoku cloud. It is generally used as a metric for medium-term moment...
In his TASC January 1994 article "Smoothing Data With Faster Moving Averages", Patrick Mulloy describes a MACD that does not use EMA for MACD calculation but uses DEMA (Double Expo...
In an article "Smoothing Data With Less Lag" that was a continuation of his research for less lag signaling MACD, Patrick Mulloy decided to use TEMA (Triple Exponential Moving Aver...
There is already one in the code base, but this one is doing the calculation in a different way.The TTM (Trade The Markets) Trend is basically an easier way to look at candlesticks...
The Efficiency Ratio (ER) was first presented by Perry Kaufman in his 1995 book "Smarter Trading". It is calculated by dividing the price change over a period by the absolute sum o...
The Stochastic Momentum Index (SMI) was developed by William Blau and was introduced in the January 1993 issue of Technical Analysis of Stocks & Commodities magazine.It incorpo...
The Stochastic Momentum Index (SMI) was developed by William Blau and was introduced in the January 1993 issue of Technical Analysis of Stocks & Commodities magazine.It incorpo...
The Stochastic Oscillator is a Momentum indicator comparing the closing price of a security to the range of its prices over a certain period of time. The sensitivity of the oscilla...
Relative Vigor Index (RVI) indicator is used in technical analysis to measure the conviction of a recent price action and the likelihood that it will continue. The RVI compares the...
Relative Vigor Index indicator used in technical analysis to measure the conviction of a recent price action and the likelihood that it will continue. The RVI compares the position...
Usually most brokers do not provide M1 data over 3 months in MetaTrader 4, but they provide M1 data over 3 years in MetaTrader 5. So we can use this tool to obtain the M1 data in M...
Stochastic and RVI (Relative Vigor Index) - both indicators measure overbought and oversold area of the market movement.This indicator combines them both in one single indicator - ...
Variation of a long known and useful MACD indicator.DEMA (Double Exponential Moving Average) instead of using EMA (Exponential Moving Average) for MACD calculation. DSL (Discontinu...
Variation of a long known and useful MACD indicator.TEMA (Triple Exponential Moving Average) instead of using EMA (Exponential Moving Average) for MACD calculation DSL (Discontinue...
Williams' Percent Range Technical Indicator (%R) is a dynamic technical indicator, which determines whether the market is overbought/oversold. Williams' %R is very similar to the ....
The Stochastic Oscillator is a Momentum indicator comparing the closing price of a security to the range of its prices over a certain period of time. The sensitivity of the oscilla...
The Stochastic Oscillator is a Momentum indicator comparing the closing price of a security to the range of its prices over a certain period of time. The sensitivity of the oscilla...
One of the usual "games" every trader is doing in the trading time is finding out a best stop loss value for the order currently active.There are some good ways for dynamically doi...
Indicator that is a combination of two Bill Williams' indicators.Accelerator Oscillator. Awesome Oscillator. The way how it works is simple - but seems to be producing usable resul...
The resulting raw BOP values can be optionally smoothed using any Moving Average type.The BOP oscillates between extremes of -1 and +1.But the "raw" BoMP would be almost unusable i...
A different way of looking at the fractals: instead of showing fractals the usual way, this indicator shows fractals as an oscillator and can show the "rhythm" of the changes in th...
One of the natural ways to make the smoother and faster if necessary, is to use T3 instead of EMA.T3 is very similar to EMA in calculating way and it makes it suitable for this way...
The resulting raw BOP values can be optionally smoothed using any Moving Average type.The BOP oscillates between extremes of -1 and +1.Livshin makes the following statements:For da...
DeMarker indicator is used in technical analysis to compare the most recent price action to the previous period's price in an attempt to measure the demand of the underlying asset....
An example of an Expert Advisor, which compares EURGBP to a synthetic equivalent and trades in the direction of a delay in quotes following an original logic (one-leg arbitrage). T...
The following indicators are used:The Expert Advisor first checks the possibility to open BUY or SELL according to the EMAAngle indicator: the indicator value and the configured An...
The indicator shows position opening signals based on the 'Reversal' trading system.Description of the System The system works best on the H6 timeframe. The idea of the system is a...
The module of trading signals "SignalCCI BuyOrSell.mqh" on the basis of the CCI indicator signal module only generates one type of signals: the price is above LevelUP or the price ...
The indicator with the possibility to change the indicator timeframe in input parameters:The indicator requires the compiled Support_and_Resistance.ex5 indicator file. Add it to &l...
The indicator shows a text block with the values of the user defined oscillator period for each timeframe. The size of the text block is customizable. You can also change the tex...
A semaphore signal indicator using the oscillator, which is similar to with an NRTR line based on the values of the ATR indicator.The indicator uses SmoothAlgorithms.mqh library cl...
A semaphore signal indicator using the oscillator, which is similar to with an NRTR line based on the values of the ATR indicator.The indicator uses SmoothAlgorithms.mqh library cl...