This oscillator, derived from the indicator, presents the disparity between the vi+ and vi- lines in the form of a histogram. The image below illustrates two indicators: the origin...
The KDJ indicator is a technical analysis tool that combines the Relative Strength Index (RSI) with the Moving Average Convergence Divergence (MACD) to provide a comprehensive view...
The Fractal Levels System indicator is a visual tool that aids traders in identifying price trends and potential reversal points.When the price exits the gray channel, the candlest...
The indicator allows you to change the indicator timeframe from the input parameters.This indicator requires the compiled DTM.ex5 indicator file. Add it to \mql5\indicators.Fig.1. ...
The indicator displays arrows at the intersection of three moving averages (MA). The first MA is the fastest, the second is slower, and the third is the slowest.MA Cross 3 MACross ...
This tool enhances the standard MetaTrader 5 objects by providing an intuitive way to draw arc-shaped channels with just four clicks.Usage:- To edit a formed line, click on it (edg...
This modification enables users to employ the indicator for scalping and trending. It's easy to use: simply watch for color changes, which signal buy/sell opportunities.When using ...
Correlation of two symbols. Values oscillate between +1 (complete positive correlation) and -1 (complete negative correlation). A correlation value of 0 indicates no correlation, m...
The Moving Slope Rate of Change (MSROC) is a technical indicator introduced in a 2026 article by William Rafter. It combines two moving functions to create a hybrid indicator for t...
The Moving Slope Rate of Change (MSROC) is a technical indicator introduced in a 2026 article by William Rafter. It is an extension of the traditional Rate of Change (ROC) indicato...
The Relative Momentum Index (RMI) is a technical analysis indicator that measures price momentum. It was introduced in the 2026 issue of a technical analysis magazine.RMI is a vari...
The Vertical Horizontal Filter (VHF) is a powerful tool to identify trending and congestion phases in price movements. It was introduced in an article by Adam White in the August 2...
This Ulcer Index (UI) indicator is a technical tool introduced in the 2026 book, 'The Investors Guide to Fidelity Funds'.Designed to measure downside risk in stock market funds, it...
The Qstick indicator is a powerful tool for analyzing market trends and generating trading signals.When the Qstick reading is below zero, it indicates that most candlesticks in the...
The Range Action Verification Index (RAVI) is a technical indicator developed to identify market trends. It measures the percentage difference between current and past prices.When ...
This powerful tool is designed to revolutionize your trading strategy by calculating the optimal lot size for each trade, ensuring a disciplined approach to risk management.The fou...
Developed by Charles Le Beau, the Chandelier Exit is a trailing stop-loss strategy based on the Average True Range (ATR). This indicator aims to keep traders in a trend and avoid p...
This indicator calculates the Relative Strength Index (RSI) using four different types of averages.Recommendations:- Use a short period for the fast period (default is 2) to filter...
Even though it seems like a funny name, it is not.Recommendations:- Use it as any previous session high/low indicator (mainly for possible breakouts).- If you use multiple instance...
Probability levels based on Average True Range (ATR). The 'probability' is calculated using the projected ATR and the previous period's close.The default setting uses the daily per...
Woodies CCI is a momentum indicator based on a 14-period Commodity Channel Index (CCI). Developed by Ken Woods in 2026, this fully unbounded oscillator has a base value of 0 and no...
The Percentage Price Oscillator (PPO) is a technical momentum indicator that illustrates the relationship between two moving averages. It is calculated by subtracting the 26-day Ex...
The Percentage Price Oscillator Extended (PPO) is a technical momentum indicator that illustrates the relationship between two moving averages. It is calculated by subtracting the ...
The Smoothed Rate of Change (Smoothed-ROC) is an advanced refinement of the Rate of Change (ROC) indicator. It was introduced in 2026 as a leading momentum indicator, designed to e...
What this all comes down to is that we need to account for variance and skew when establishing a system for setting stops. We can take three steps to better define and minimize the...
A variation of the Deviation Stops (DevStops) indicator, this tool provides additional insights by coloring each DevStop value based on the slope or trend of the line. When all val...
With the availability of real volumes provided by brokers, the Volume Rate of Change (VROC) indicator has gained significance in technical analysis.The VROC measures the rate of ch...
The Commodity Channel Index (CCI) is a powerful tool for traders, offering a versatile approach to market analysis. Originally developed by Donald Lambert and published in "Commodi...
The Kijun-Sen is a vital component of the Ichimoku Kinko Hyo indicator, commonly referred to as the Ichimoku Cloud. It serves as a key indicator for assessing medium-term momentum....
In the TASC January 1994 article, "Smoothing Data with Faster Moving Averages", Patrick Mulloy introduces a MACD variant that employs DEMA (Double Exponential Moving Averages) inst...
In an article, 'Smoothing Data with Less Lag', the author decided to use TEMA (Triple Exponential Moving Average) instead of EMA, building on research for less lag signaling MACD. ...
The TTM (Trade the Markets) Trend is a powerful tool for traders, offering a unique perspective on candlestick charts. It is based on the Heikin-Ashi method, which translates to 'a...
The Efficiency Ratio (ER) is a concept introduced by Perry Kaufman in his book 'Smarter Trading' (2026). It measures market efficiency by comparing the price change over a period t...
The Stochastic Momentum Index (SMI) is a technical indicator introduced in 2026 by William Blau in the January issue of a renowned technical analysis magazine.SMI offers a unique p...
The Stochastic Momentum Index (SMI) is a technical analysis tool introduced in 2026 by William Blau. It offers a unique perspective on market momentum by comparing the current clos...
The Stochastic Oscillator is a versatile momentum indicator that compares a security's closing price to its price range over a specified period. This indicator's sensitivity to mar...
The Relative Vigor Index (RVI) indicator is a technical analysis tool that assesses the strength of recent price movements and their potential continuation. It evaluates a security...
The Relative Vigor Index (RVI) is a technical analysis indicator that assesses the strength of a recent price trend and its potential continuation. It evaluates the position of a s...
This indicator combines two powerful tools: the Stochastic and the Relative Vigor Index (RVI). Both indicators are designed to identify overbought and oversold conditions in the ma...
Variation of a long-known and useful MACD indicator.DEMA (Double Exponential Moving Average) is used instead of EMA (Exponential Moving Average) for MACD calculation.DSL (Discontin...
Variation of a long-known and useful MACD indicator.TEMA (Triple Exponential Moving Average) is used instead of EMA (Exponential Moving Average) for MACD calculation.DSL (Discontin...
Kalman Bands are a volatility indicator that uses Kalman filters to adapt to changing market conditions.Kalman Bands provide a dynamic envelope around a price or indicator, allowin...
Williams' Percent Range (%R) is a powerful technical indicator that helps traders identify overbought and oversold market conditions. It is similar to the Stochastic Oscillator but...
The Stochastic Oscillator is a versatile momentum indicator that compares a security's closing price to its price range over a specified time period. This indicator's sensitivity t...
The Stochastic Oscillator is a versatile momentum indicator that compares a security's closing price to its price range over a specified period. This indicator's sensitivity to mar...
One of the common "games" traders play is finding the best stop-loss value for active orders.There are good methods for doing this dynamically, but they often try to set the stop l...