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This brief indicator description explains a support and resistance tool built from the most recent tops identified by ZigZag_NK. The levels can be used as reference points for reading price structure, including areas where price may encounter resistance or…
The document explains quantiles as values that divide ordered observations or a probability distribution into groups with equal or nearly equal probability. For q groups, there are q minus one internal cutpoints; quartiles and deciles are familiar examples.…
The document describes an indicator that automatically draws support and resistance trendlines using fractals calculated on a selected timeframe. Its base timeframe input determines which fractals the indicator uses to construct the lines. Traders can also…
The document describes an expert advisor rule for managing a basket of open positions. A user sets a position-count threshold, n. Below that threshold, the advisor takes no action. When the count reaches n, it closes the existing positions if their combined…
The note presents an adaptive alternative to standard deviation for measuring market variation, which traders commonly use as a proxy for current volatility. Instead of basing its mean on a simple moving average, this method uses exponential moving average…
A volume-weighted moving average assigns more influence to prices recorded with greater volume and less to prices recorded with lighter volume. Volume may refer to tick volume or actual traded volume, depending on what data the broker supplies. The note…
This indicator extends standard MACD readings by measuring the gap between the MACD and signal lines and the change between the latest two MACD bars. The author interprets a rising or falling MACD bar as directional movement on the current timeframe, while…
This expert advisor trades signals from the CandleStop_System indicator. It opens a position when a bar closes after breaking through a channel, then can close the position once its holding time reaches a preset limit. The time-based exit is configurable,…
This document describes a chart indicator that marks price fractals using independently chosen bar counts on either side of a central bar. Traditional fractals use matching left and right dimensions, while this indicator allows the two sides to differ. Its…
The document describes a chart indicator that displays five moving averages. Users can configure each line’s smoothing method, period, timeframe, and horizontal offset. The available smoothing methods include simple, smoothed, exponential, and linear…
MultiMartin is a multi-symbol expert adviser built around a reversal strategy that increases trade size after each loss. The sequence continues until a profitable trade occurs or a configured multiplication limit is reached, after which the next trade…
The document identifies IDayIIndex as an Intraday Intensity Index oscillator and lists two user settings: whether to calculate a normalized version of the index and the period used in its calculation. These controls allow the user to switch normalization on…
AutoFibAutoTrend is a chart indicator that draws a price channel and Fibonacci levels from recent ZigZag peaks. Its settings let the user choose the calculation timeframe and adjust the ZigZag depth, deviation, and backstep parameters. Display options…
This indicator description explains how to display four ZigZag series from different timeframes—hourly, four-hour, daily, and weekly—together on one chart. The chart should use the shortest of those timeframes for the display to align correctly. The author…
This indicator summarizes trend direction across seven Slow Stochastic indicators calculated on different timeframes. It displays one line for each timeframe, using dark green when that indicator’s cloud signals an uptrend and orange when it signals a…
This read-only Expert Advisor measures several components of trading cost for a broker account and symbol: live spread from distinct tick quotes, swap for long and short positions, and commission inferred from the account’s closed deals. It compares the live…
The Kijun-Sen is introduced as a central line in the Ichimoku system and a way to assess medium-term momentum. Its calculation resembles the Tenkan-Sen calculation, but uses a longer lookback period to reflect longer-term price movement. The source does not…
This indicator uses Heiken Ashi open and close values to determine each Heiken Ashi candle’s direction, then displays that direction as a colored bar on a price chart. Bar color also compares the Heiken Ashi direction with the direction of the chart’s…
This indicator compares the direction of a Moving Average with that of a Slope Direction Line and displays a color-coded pointer in a separate window. A green pointer indicates that both lines point upward, while a red pointer indicates that both point…
This brief description introduces an indicator called iFXAnalyser, which displays three indicators formed from simple linear combinations of differences between fast and slow moving averages on the same chart. It identifies the original author and notes that…
This document describes a forex expert advisor that checks for Williams %R signals when a new bar appears. It sells when the indicator is in an overbought zone and buys when it is in an oversold zone. The position size is fixed by a Lots parameter, and stop…
This short note describes an Average True Range band indicator converted from TradingView to MQL4. It suggests using ATR as a guide for setting a stop loss or exit when an entry is not based on a reversal. It also identifies trailing stops, including a…
This product description outlines settings for an automated strategy that uses four Fibonacci moving averages and can operate across cryptocurrency, major forex pairs, and NASDAQ stocks. It lists configurable trade size, faster and slower moving-average…
This note describes an indicator that displays trend direction or a potential trade signal produced by AroonHornSign, calculated on a selectable timeframe. The default calculation timeframe is six hours, and the indicator period is nine. A right-pointing…