The article proposes measuring whether candles opening at the same time of day repeatedly move in the same direction, and whether changes in that pattern coincide with shifts in trend. Its MQL4 script groups candles by opening hour and minute over a selected…
Knowledge library
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.
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8,851 documents
This article introduces Bill Williams' Accelerator Oscillator (AC), a momentum measure calculated as the Awesome Oscillator minus its short moving average. It explains the indicator's zero line as a directional reference and gives simple rule sets: readings…
The document explains cluster indicators as a way to estimate the relative movement of several currencies from a network of currency-pair quotes. Pair changes are apportioned between the currencies involved, producing relative currency lines whose sum is…
The article describes an automated short-term trading approach built around Parabolic SAR and a 60-period Simple Moving Average. SAR dots above or below price are used to indicate bearish or bullish conditions, while the SMA slope acts as a broader trend…
The article proposes an advanced ZigZag indicator that estimates both the evolving current turning point and the level of the next one. It builds separate pools of moving average envelopes for peaks and troughs, using different averaging periods and high or…
TrendLoom is a chart panel that combines simple moving average readings across three timeframes to provide a BUY, SELL, or NEUTRAL signal. The tool offers seven timeframe combinations intended for different trading horizons, from short-term analysis to…
This article examines moving-average slope as a measure of trend direction and strength, then questions the usual conversion of slope to an angle with an inverse tangent. Because price and time use different scales, the conventional angle changes…
This article describes a customizable MQL5 signal class that combines the Stochastic Oscillator with the Fractal Adaptive Moving Average (FrAMA). FrAMA supplies a trend and market-structure context through its adaptive slope, while Stochastic readings help…
The article explains Supertrend as a volatility-based trend indicator that combines Average True Range with a price midpoint and a trailing band. The band sits below price in a bullish state and above price in a bearish state; a close through it changes the…
The article presents a discretionary trend-following framework and an MQL5 Expert Advisor intended to keep trades aligned with the prevailing trend. Its analysis starts on monthly charts, marks reaction levels around prior highs and lows, then checks weekly…
This interview profiles Ilnur Khasanov’s Automated Trading Championship 2011 Expert Advisor and his early experience with automated Forex trading. He describes a simple trend-following system on a five-minute chart: a moving average forms the core signal,…
The article describes an Expert Advisor that uses Heikin-Ashi candles to smooth price data and identify a prevailing trend before looking for a possible reversal. It calculates averaged candle values, checks for consecutive movement in the trend direction,…
The article explains a position management design for adding to winning trades while controlling combined downside. It identifies two common risks: keeping add-on sizes uniform, which can multiply exposure, and managing each position with a separate stop,…
This article seeks a reproducible way to distinguish trend-like behavior from flat or random movement. It first defines trading success through positive expected payoff, which depends on win probability and the sizes of average gains and losses. It cautions…
The article explains Ichimoku Kinko Hyo’s five components and their standard calculations: the Tenkan-sen and Kijun-sen use midpoints of period highs and lows, the two Senkou spans form the cloud, and the Chikou span plots the close backward. It then turns…
The article explains how the Average Directional Index is built from positive and negative directional movement, true range, directional indicators, and DX. It describes smoothing the directional movement and true range over 14 periods, then averaging DX to…
This article compares forecasting price direction with predicting whether a future close will exceed the current high, fall below the current low, or remain between those levels. The latter target formalizes a classic price action idea: traders look for…
The article presents an Expert Advisor that detects potential bearish and bullish market-structure flips using swing highs and lows filtered by Average True Range (ATR). It converts ATR into a variable pivot depth, then checks whether a candidate high or low…
The article proposes representing price structure as a graph in which confirmed swing highs and lows are nodes and transitions between them form edges. A depth-first search follows one directional branch as far as structural conditions allow, such as a…
This article describes an MQL5 expert advisor built around the Nick Rypock Trailing Reverse channel. The channel uses an Average True Range calculation and a configurable multiplier to define volatility-adaptive support levels. A transition to rising support…
This article tests a set of stochastic oscillator strategies that reinterpret extreme readings as trend signals. The baseline follows the conventional approach of buying below the oversold threshold and selling above the overbought threshold. The revised…
The document describes an MQL5 module and Expert Advisor for identifying and trading patterns from Bill Williams’ system. The Alligator’s moving-average arrangement acts as a trend filter; valid five-bar fractals and patterns from the Awesome Oscillator and…
The Timeframe Visual Analyzer overlays candles from two selectable higher timeframes on the active chart, with timestamp alignment, separate bullish and bearish styling, and adjustable transparency. This lets traders compare current price action with broader…
The article explains the Alligator indicator as three shifted smoothed moving averages calculated from median price: the Jaw, Teeth, and Lips. It presents the indicator as a way to distinguish trending from sideways conditions and explains reading bullish or…