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7,090 documente
This document explains an adjustable Zigzag indicator for identifying price swing points. It uses a step-size threshold: the current wave continues until price moves far enough in the opposite direction to confirm a reversal. Unlike the traditional Zigzag…
The document introduces a proposed way to calculate a simple moving average without using loops. It first defines the indicator as the average of prices across a chosen number of recent periods, and notes that straightforward implementations often accumulate…
The document describes a MetaTrader indicator that automatically draws dynamic support and resistance levels on any chart timeframe. It is intended for two related approaches: trading within the channel formed by those levels and trading a breakout beyond…
The document describes an indicator that displays candlestick body sizes in points over a selected period. It uses color intensity to distinguish bodies that are growing along a trend from those that are shrinking: expanding bodies appear in brighter colors,…
The document describes an indicator that estimates a currency’s relative strength from closing prices across seven currency pairs containing that currency. It proposes comparing the strength lines for the base and quote currencies of a pair as a possible…
Trend Movers is described as a chart indicator that gathers readings from moving averages, Relative Strength, Commodity Channel Index, Stochastics, MACD, and Average True Range in one display. It is intended to show possible buy, sell, or exit signals for…
This indicator presents buy and sell readings from Parabolic SAR, Money Flow Index, and Triple Exponential Moving Average across nine selectable chart timeframes, ranging from minute charts to monthly charts. Users can configure the SAR acceleration…
This MT5 indicator tracks up to three configured symbols and analyzes completed Asian and London session ranges, using M5 as its default internal timeframe. A session sweep alone does not qualify: the described sequence requires a sweep, a close through a…
The MinMax indicator calculates the minimum and maximum price over a chosen period. It uses their midpoint as a general trend estimate and assesses direction through the midpoint’s slope. The document also describes the upper and lower extremes as potential…
This brief indicator description presents the Chandelier Exit as a candlestick display. Candles aligned with the identified trend are rendered in a light shade, while candles moving against that direction are rendered dark. The visual encoding is intended to…
This short note describes a version of Tushar Chande’s Directional Movement Index in which the DMI and its DSL signal lines are adapted using a volatility ratio. Its stated distinction is that adaptation is applied throughout the indicator, including the…
This indicator presents a MACD-style histogram derived from the difference between an RSI oscillator and an average of that oscillator. Its color changes provide a visual way to follow changes in that difference. The document identifies the indicator’s…
This document describes revisions to a MetaTrader expert advisor called Multi Arbitration. It trades two currency pairs at once: the chart’s main symbol and a second symbol selected from a fixed list of 20 forex pairs. The revised entry rule adds a buy only…
This Expert Advisor opens trades only when a new bar appears and permits new entries only during configured working hours, while allowing positions to close outside that window. Its initial direction rule compares the 200-period exponential moving average…
This indicator combines two AbsolutelyNoLagLwma lines calculated on separate chart timeframes. The space between the lines is filled with a cloud whose color represents the indicated market trend direction. The described defaults use hourly and four-hour…
The document introduces The_20’s v0.20, a semaphore-style trading indicator that generates signals without using moving averages. It identifies the indicator’s author and notes that it was originally written in MQL4 and published in 2007. The description is…
This indicator uses a smoothed pivot channel to classify price movement after price exits the channel. It changes candle colors to show the inferred trend direction: one color represents rising prices and another falling prices. The display also…
This indicator plots a histogram of how long each custom chart bar took to form, measured in minutes. It is intended for price representations with variable-duration bars, including Renko, point-and-figure, and equivolume charts. The display can help traders…
Unity Pro estimates relative values for currencies, metals, and other instruments that share a common currency. It relates each instrument’s quote to the underlying asset values and constrains those values to sum to one, then derives the values…
This MetaTrader 4 discussion sketches an intraday strategy using a Center of Gravity indicator with five parallel lines. A long signal is intended when a one-period moving average of lows crosses back above the channel’s lower boundary; the suggested short…
This indicator displays JSatlCandle candles from a higher timeframe as filled rectangles in the chart background. It uses filling buffers to show the candle regions, with body and shadow colors changing according to the direction indicated by the JSatlCandle…
The document describes a MACD indicator variant that lets users choose the moving average methods and applied price used in its calculation. Instead of relying only on exponential averages of closing prices and a simple signal average, users can select…
This MetaTrader 5 indicator variant adds a selectable timeframe input to ColorRMACD. A trader can use the chosen period, with a four-hour period shown as the example, when viewing the indicator on a chart. This offers a way to display a momentum-style…
This MetaTrader 5 indicator variant lets a trader choose the timeframe used by the AvgRange indicator through an input parameter. The example setting shown is a four-hour period, so the indicator can display average-range information derived from a timeframe…