theory: the commodity channel index (cci) is an oscillator originally introduced by donald lambert in 1980. it is calculated as:(price - average) / (0.015 * mean absolute deviation...
distribution of deals by price levels at a given time interval. displayed as a histogram. the width of the histogram at the level means the number of transactions carried out on it...
theory: linear regression attempts to model the relationship between two variables by fitting a linear equation to observed data. one variable is considered to be an explanatory va...
this is a very simple but effective volume waves indicator for mt5.anyone who wants to experiment this kinf of analysis i suggest to search for richard d. wyckoff's works.hope this...
theory: the double exponential moving average (dema), was developed by patrick mulloy in an attempt to reduce the amount of lag time found in traditional moving averages. it was fi...
theory: the double exponential moving average (dema), was developed by patrick mulloy in an attempt to reduce the amount of lag time found in traditional moving averages. it was fi...
theory: volume weighted moving average is similar to some other weighted averages, except that it is using the volumes for weighting the prices. that way the price when the volume ...
theory: volume weighted moving average is similar to some other weighted averages, except that it is using the volumes for weighting the prices. that way the price when the volume ...
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 5...
theory: this indicator is constructing rsi candles from rsi of open, high, low and close. those same values are then used to calculate the atr (average true range) of such rsi valu...
theory: the indicator is using 4 trix ( triple exponential moving averages oscillator) values : of open, close, high and low to construct candles of this indicator. that produces q...
theory: the indicator is using 4 trix ( triple exponential moving averages oscillator) values: of open, close, high and low to construct candles of this indicator. that produces qu...
theory: developed by jack hutson in the early 1980s, the triple exponential average (trix) is a momentum indicator used by technical traders that shows the percentage change in a t...
applicationthe indicator can be utilized into any symbol or timeframe, there are no restrictions.inputsfor the creation of the channel are required the definition of two inputs:the...
theory: ehlers' fisher transform has a long history of being plain wrongly coded (as the famous "solar wind") or wrongly coded because of misinformation. some fault is the fault of...
theory: triangular moving average is a sort of a weighted moving average that is known for very smooth results. the weights in the triangular moving average are adding more weight ...
theory: in technical analysis we can state that all is about filtering. filtering the "insignificant", filtering the "false", and so on ... almost all tools are designed to "filter...
theory: the indicator that is using self adjusting filter (published and described here : ) but applied to one of the 4 types of averages :simple moving average (sma)exponential mo...
the indicator that is using the self adjusting deviation filter to filter out values of wpr. the parameters are only the period (both wpr and filter) and filter size.th usage can b...
theory : almost all averages can be made as an average with a generalized formula that could be simply written down as : sum of price*(something) / sum of (something). the usual av...
theory: strictly speaking macd is a (as defined by gerald appel, who invented it) difference of fast and slow ema and then a signal line (which is also ema) is calculated for such ...
theory: range weighted exponential moving average (ema) is, unlike the "regular" range weighted average (originally published here : ) calculated in a different way. even though th...
theory: this indicator is a variation of the range weighted ema (originally published here: with some more explanation what exactly is it doing and how. the variation comes from a ...
theory: is calculated the original way, it is producing exactly the same results as the original and has some options added:you can chose the price (original uses close only)you ca...
theory: in technical analysis, the stochastic oscillatoris a momentum indicator that uses support and resistance levels. developed this indicator in the late 1950s. the term stocha...
theory: stochastic oscillator is usually used on prices. but sometimes that produces much noise. some filtering methods can be used (like this: ).simple moving average(sma)exponent...
basics: metatrader built-in stochastic allows us to chose only two "prices":close/closelow/highobviously we are missing the rest of the usual price types in those choices.usage: th...
theory: robert miner developed something that he named "dynamic trader oscillator" (usually shortened as dtosc). the indicator is actually a stochastic of rsi, but for the sake of ...
theory: it is adding the choice of prices and the usual "low/high" combination too (which is the default setting).usage: the indicator adds signal (or trigger) line in order to mak...
theory: instead of using "raw" price, it is using the ratio of fast ema / slow ema of the price. the difference may seem small, but the results are quite different in some cases th...
theory: where:c = current closela = lowest low in a daysha = highest high in a daysey = y-day exponential moving averageez = z-day exponential moving average it is calculating as d...
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 s...
theory: as john ehlers describes it:the cg is computed in much the same way as the ehlers filter. the position of the balance point is the summation of the product of position with...
theory: color change on signal / trigger line cross (the default)color change on level zero cross color change on slope change usage: depending on the way you desire to use it (by...
two indicators from different timeframes in a single window as a cloud colored according to a trend direction.fig. 1. spearmanrankcorrelation_2htf indicator...
indicator with the timeframe selection option available in input parameters:to provide correct operation of the indicator, place the compiled hlcrosssigformfi.ex5indicator file in ...
bigeev rustemhlcrosssigformfi is considered as a trend indicator since it is intended for "catching" trends. however, it's a pretty complex and informative indicator that allows ex...
trend score indicator by tushar s. chande was described in the article "rating trend strength" in s&c magazine (september 1993).it displays both the power and direction of a tr...
tmacd divergence searches for oscillator divergences and displays them.the indicator has three input parameters:fast ma period slow ma periodapplied pricetmacd indicator signal lin...
slow volume strength index oscillator defines the volume momentum. the indicator was first described in "stock&commodities" (april 2015).there are five inputs:ema period- ema c...
key reversal pattern is similar to engulfing price action pattern and consists of three bars. two of them are trend-following and the third (key) one should absorb the previous (se...
smoothed standard deviation. smoothing period is equal to 3 (smoothing is calculated using movingaverages.mqh). the image below shows conventional and smoothed standard deviations:...
extent oscillator displays the difference between the moving average and the price as a colored histogram.it has four inputs:ma period- moving average calculation periodma type- mo...
'specified time range candles' indicator displays colored candles at a specified time interval (trading session) on the price chart. candles not falling within the specified range ...
cci bar signal indicator. the indicator displays the colored diagram of cci indicator status relative to its oversold/overbought levels (above/below/upward crossing/downward crossi...
indicator with the timeframe selection option available in input parameters:for the indicator to operate, the spearmanrankcorrelation_histogram.ex5indicator should be added to the ...