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This document describes an expert advisor that trades around Bollinger Bands. Its stated rule is contrarian: a downward break below the lower band triggers a buy, while a break above the upper band triggers a sell. An update says entries are placed after a…
This expert advisor uses a Doji candle as a setup and waits for the next completed candle to confirm a directional break. When a new bar appears, it checks the two preceding bars: if the older candle qualifies as a Doji, a close of the newer candle above the…
This trend-following expert advisor uses the slope of a simple moving average, expressed as an angle, to distinguish directional markets from flat conditions. It also measures price distance from the average as a percentage to avoid entries after a move has…
The third-generation XMA is presented as a moving-average variant designed to reduce lag as the averaging period increases. The method is attributed to Dr. Manfred Dürschner, and this implementation uses a parameter value of lambda equal to 2; the source…
ColorXATR is a chart indicator that smooths the Average True Range and displays the result as price-chart points. Its color is intended to distinguish strengthening trends from weakening ones: red indicates strengthening and yellow indicates weakening. Users…
This short note describes an elementary trailing-stop function for managing orders. It explains that the function can identify which orders it should manage by checking the financial instrument and, optionally, the order comment and magic number. These…
The document describes a MetaTrader 4 indicator that displays Supertrend direction across selected chart timeframes. Colored lines show bullish or bearish conditions, while arrows mark potential buy and sell signals. Its stated purpose is to help traders…
This indicator uses the Hull Moving Average (HMA) and its slope as a visual criterion for trend direction. After calculating the HMA, it represents the trend through a chart display selected by the user, such as a colored line, bars, or candles. An automatic…
This Expert Advisor contains two Vortex Indicator trading systems, one for long trades and one for short trades. Each side has its own settings, including a distinct magic number and position-sizing method, and can be enabled or disabled independently. The…
This document explains a display method for an indicator: values produced by the iCCI_NR algorithm are rendered as a sequence of candlesticks. The underlying price time series is processed by that algorithm, and the resulting candles offer an alternative…
This document describes an Expert Advisor that trades signals from a volume-weighted moving-average indicator. It enters when a bar closes with a newly colored signal, following a bar with the opposite color or no color. The approach therefore uses a change…
MyRsi with Noise Elimination Technology is an RSI-style indicator attributed to John Ehlers and described as using a form of Kendall autocorrelation to filter signals. This implementation permits the user to select the input price series instead of always…
OsMaSter is an expert advisor that opens positions with a fixed volume and uses specified stop-loss and take-profit levels. The document lists its basic settings, including position volume and an identifier for the EA, but does not explain the entry or exit…
The document explains the Detrended Price Oscillator (DPO) as the difference between a closing price and its simple moving average over a chosen period. By subtracting the moving average, the indicator filters out some of the broader price direction,…
This brief indicator description explains Acceleration Bands, attributed to Price Headley, as bands derived from the daily price range. It identifies two configurable inputs: the calculation period and a factor that controls how widely the bands expand. The…
This document describes a function for producing directional signals from the OsMA indicator: one return value represents a buy and another represents a sell. It says the function can be included in an expert advisor and called to check the current signal.…
This indicator presents the standard stochastic oscillator's %K and %D lines together with a histogram showing their relationship. Histogram colors distinguish whether %K is above or below %D and whether it lies above or below the configured overbought and…
ColorMFI_X20_Cloud is a chart indicator that adds adjustable background shading to overbought and oversold regions. Its inputs define five reference levels around the middle of the indicator range, including upper and lower thresholds and more extreme…
This tool description explains an expert advisor that monitors the combined net profit of a user-selected basket of currency pairs. It closes positions across the monitored pairs when the basket reaches a specified profit target; settings also include a…
The document explains an intraday volatility indicator that identifies times of day with greater or lesser price activity. It scans chart bars and uses each bar’s high minus low as its activity measure, highlighting higher-activity periods in blue and…
Smart Trend Score is described as a MetaTrader 5 indicator that combines weighted moving averages, trend direction, market structure, ADX, ATR, and price action into a score. After a candle closes, it displays a buy, sell, or no-signal status, a confidence…
The volume oscillator compares short and long exponential moving averages of trading volume. It expresses their difference as a percentage of the long-period average, with positive readings indicating that recent volume is above its longer-term baseline and…
This description presents a MetaTrader expert advisor that generates trading signals by comparing the close price of the current bar with the close on a configurable comparison bar. Signals are checked when a new bar appears, while trailing-stop management…
The document describes a MetaTrader 5 script that calculates pivot levels for symbols in the Market Watch using a selected timeframe, with weekly and monthly levels highlighted as intended use cases. It writes the results to an HTML file in the platform’s…