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The document describes an indicator that derives an index for 49 currency pairs from price indexes for seven currencies. It also reports timeframe-specific trend readings calculated with MACD and generates buy, sell, or wait suggestions using moving…
This indicator plots a moving average of the difference between closing and low prices, normalized relative to Average True Range. It displays overbought and oversold thresholds in a separate chart window. Its inputs let the user choose the calculation…
This document describes a technical indicator that applies exponential moving average smoothing five times. It accepts a real-valued period and allows the resulting indicator to be shifted horizontally or vertically, giving users control over its display or…
The Elastic Volume Weighted Moving Average (EVWMA) is presented as a trend indicator that adapts its averaging behavior to market conditions. Instead of using a fixed averaging period, it uses volume or time, incorporating volume information into the moving…
The document describes a collection of scripts for closing orders by comment, profit or loss threshold, magic number, order type, or symbol. A combined script supports the criteria offered by the individual tools. This is operational guidance for managing…
The document describes a trading utility with a single action for closing positions and managing pending orders. Its settings determine whether it acts only on the currency pair associated with the chart or across all pairs, whether it closes only manually…
The document describes OsmaX, a modification of the standard MACD oscillator. It calculates fast and slow exponential moving averages from a selected price, subtracts the slow average from the fast one to form MACD, then subtracts an EMA signal line from…
The ExMass indicator is presented as a tool for evaluating market fluctuations. The document identifies its author and notes that the indicator was first implemented in MQL4 and published in 2006. It provides no further explanation of the calculation, signal…
PFE2 is described as a smooth oscillator displayed as a color histogram, intended to show current market trends. The document offers little detail about its calculation or interpretation: the original author is unknown, and no explanation of the indicator’s…
The document presents a MetaTrader implementation of the Variable Index Dynamic Average (VIDYA). It starts with an EMA-style smoothing factor derived from the selected EMA period, then scales that factor by the absolute value of a Chande Momentum Oscillator…
The document describes an indicator that measures upper and lower candlestick wick lengths in points and plots them in a separate chart window. It offers four display modes: show the two wick lengths separately, show only the wick opposite the candle’s…
This brief indicator description explains the Donchian channel, a technical tool built from the highest high and lowest low over a chosen lookback period. The upper band is the maximum high, the lower band is the minimum low, and the optional middle line is…
This document describes an Expert Advisor that trades using the ASCtrend indicator. A signal is generated when a colored indicator point appears at the close of a bar. The system relies on a compiled indicator file and a supporting trading library, which are…
The Squize_MA indicator displays where two moving averages with different averaging periods intersect, alongside horizontal price limits. Its trading premise is that a breakout beyond those flat limits may signal conditions for a sustained trend. The…
This indicator builds a rolling volume profile from completed bars and adjusts price-bin width using Average True Range. It limits the number of bins, identifies the Point of Control as the highest-volume bin, and expands from it to calculate the Value Area.…
The document explains the double exponential moving average as a way to reduce the lag of a conventional moving average. It describes constructing DEMA from an exponential moving average and a second exponential average applied to the first, then combining…
The script described opens buy positions with stop-loss and take-profit levels set at fixed point distances from the current price. Its money-management input controls trade volume as a proportion of the account deposit, linking position size to the funds…
The document introduces the ZeroLAG moving average as an attempt to reduce the delay associated with conventional moving averages. It says the indicator was described in a technical analysis journal in April 2000 and characterizes it as having substantially…
This indicator highlights candlesticks whose price changes exceed user-set thresholds, showing both percentage and broker-point values. It can measure change from the bar's open to close or from the previous close to the current close, and lets the user…
This expert advisor places buy-stop and sell-stop orders at configurable distances from the current price, forming a grid that can trade in the direction of price breakouts. Settings include starting lot size, optional lot increases, grid start distance,…
This note describes a custom Williams Percent Range indicator for use with an expert advisor. Its purpose is to expose the plotted line color, line width, and two threshold levels as input settings, so the indicator display can match the EA’s trading rules…
Pipsover 2 is described as an updated expert advisor that adds trailing-stop and break-even handling. Its stated sequence is to attempt to move a position to break-even first, then allow trailing-stop management. The break-even setting also serves as the…
The document describes a chart indicator called Precision Trend. It presents the tool as a trend indicator with some differences from other existing indicators, although it does not explain those differences or provide the calculation method. In the…
The document describes an Expert Advisor that trades signals from the DigitMacd oscillator. It enters when a bar closes and the indicator’s cloud changes color, making the color transition the strategy’s central trigger. The EA depends on a separately…