Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
7,090 documents
The document describes a higher-timeframe version of the RSIOMA indicator for MetaTrader 5. Its input lets the user select the chart period used for the indicator, with a four-hour period shown as the default. The main concept is to display RSIOMA readings…
TRIX is described as an oscillator based on exponential averaging that can help identify potentially overbought or oversold conditions and can also serve as a momentum indicator. This variant replaces the regular EMA calculation with a double-smoothed Wilder…
The document describes a draft expert advisor that opens long and short positions simultaneously. Its defining condition is that the losing position’s stop loss is reached five points before the profitable position’s take profit. It says the strategy…
The indicator draws a linear regression channel with support and resistance levels. The channel can be anchored at a price extreme and redrawn as subsequent lows or highs develop. If a new minimum or maximum does not appear for five bars, the indicator marks…
T3MACO is described as an oscillator that uses T3 averaging. The document identifies its author and notes that the indicator was first implemented in MQL4 before being published in a MetaTrader code library. It also refers to a separate explanation of…
The Coppock indicator combines two rate-of-change measures and smooths their sum with a weighted moving average. The described default periods are 14 and 11 for the rate-of-change inputs and 10 for the average; the MetaTrader version allows these settings to…
The Channel20 indicator calculates the highest and lowest prices across a configurable lookback window, initially set to 20 candles. These levels form a price channel. A move beyond the channel is proposed as a way to detect the start of a new tendency,…
This indicator draws candles from a larger timeframe as filled rectangles on a chart. It uses the dot colors from the AMkA indicator to determine the candle coloring: the body is green or red according to the indicated trend direction, and the shadows use…
This indicator compares the Average True Range (ATR) with an average of ATR and displays their difference as a color histogram. Yellow marks periods when ATR is above its average, while dark blue marks periods when it is below. The display is intended to…
This short description identifies a MetaTrader 4 expert advisor built around three technical indicators: a 100-period simple moving average, a 14-period Average Directional Movement Index, and Parabolic SAR. It states that the author is testing the EA on…
The document outlines a GBPUSD expert advisor concept that opens positions at a specified time, with an adjustable hour shift. It counts bullish and bearish bars on the one minute chart and exposes settings for the number of bars considered, maximum open…
This article explains a module for assigning an Expert Advisor different trading permissions according to time of day and weekday. Its six modes range from allowing both directions or only one direction, to stopping trading and closing positions, waiting…
This document describes a simple Expert Advisor that uses a fractal Williams Percent Range oscillator to generate entries. It sells when the oscillator crosses downward through its overbought threshold and buys when it crosses upward through its oversold…
This document explains a proof-of-concept MQL5 library that lets MetaTrader 5 Expert Advisors generate buy, sell, exit, and trailing-stop or take-profit actions from standard or custom indicators. Users can configure explicit indicators in input groups or…
The indicator converts each candle into a weighted value based on its body, upper and lower shadows, direction, and gap from the preceding candle. Users set the relative weight of each component. A component’s contribution is scaled against its average…
The document outlines an Expert Advisor that analyzes two moving averages and two ADX indicators across one-minute and one-hour periods. It lists fixed trade volume and fixed profit-taking and loss levels, along with a threshold parameter for the distance…
Twiggs Money Flow (TMF) is presented as a volume-based oscillator developed by Colin Twiggs. It compares Wilder-smoothed buying pressure with Wilder-smoothed volume over a configurable period. Buying pressure is derived from volume and the close’s position…
The document describes a relative strength index monitoring tool with optional faster-reacting RSI calculations, automatic bullish and bearish divergence detection, and a combined bias score across timeframes. Its divergence logic is said to require…
This document explains a trend indicator that displays values as a colored histogram relative to zero and user-defined overbought and oversold levels. The colors distinguish four regions: above the upper threshold, positive but below that threshold, negative…
The document describes a trade-management library for positions that have already been opened. It can move stops to break-even after a profit threshold, trail stops, partially close positions, and add missing stops or targets. Triggers can use multiples of…
The document describes a chart indicator that plots the autocorrelation function for a signal. Autocorrelation compares a signal with a shifted copy of itself, showing how their relationship changes as the time lag varies. In market analysis, such a plot can…
The document describes a technical indicator that applies Gaussian smoothing to price data to form dynamic support and resistance levels. It presents the output as a price channel that traders can use to monitor changing levels across market timeframes. The…
The document describes an Expert Advisor that takes trade signals from a CMO-based cloud indicator. It opens a position when a bar closes and the indicator cloud changes to the opposite color. The supplied description identifies the indicator file required…
The document describes an Expert Advisor that trades signals from the SSL indicator. It checks for a color change when a bar closes and uses that change to form a trade signal. The example setup tests EURUSD on an eight-hour timeframe during 2015. The stated…