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7,090 documente
The document introduces a MetaTrader currency strength meter that compares percentage price changes across periods. It presents the tool as a way to identify whether currency markets are trending or consolidating, but it does not describe the calculation in…
The document describes a script that scans historical candlesticks across timeframes and reports maximum, minimum, and arithmetic mean measurements for candle bodies, upper shadows, and lower shadows. Results are displayed in a table on the active chart…
This entry identifies RSITrend_NRTR as a semaphore-style signal indicator related to BykovTrend. It says the indicator uses an NRTR line derived from Average True Range values. The description is brief and names the author, but gives no formula, parameter…
This short entry describes a chart indicator that places a price label to the right of the displayed price. Its configurable inputs include the price source, rounding precision, label color, font size, and horizontal offset in bars. The entry identifies the…
This document describes a chart indicator that displays the trend direction or trade signal produced by the HullTrendSign indicator on a chosen timeframe. It distinguishes ongoing trends, marked with a right-pointing arrow, from trend changes, shown with a…
This document explains how to combine Forexite’s daily MetaStock-format quote files into a single instrument history file for import into MetaTrader 4. The workflow downloads and unpacks daily archives, then runs a script with the instrument name and date…
This document describes a basic indicator that alerts when price touches a named trendline. Users configure the trendline name and the direction of the interaction, allowing the alert to distinguish among different kinds of touches or crosses. It also…
The document describes an automated trading product that uses Bollinger Bands and RSI across two time frames to identify overbought and oversold conditions. It says the system trades using the opening price of a candle and can be applied to forex pairs,…
The document describes an MT5 indicator that tracks RSI across as many as seven timeframes and shows the readings in a chart dashboard. It flags overbought and oversold levels and raises a convergence warning when at least three monitored timeframes reach…
TraderToolEA is presented as a chart-based panel for placing and managing trades. It supports orders created manually or by an Expert Advisor, including one-click order entry. Users can set position size and configure stop-loss and take-profit levels,…
This brief note introduces the Leader EMA as a standalone moving average associated with Giorgos E. Siligardos’s work on the MACD. It characterizes the measure as a low-lag variation on an exponential moving average, but supplies no formula, parameter…
This document presents alternative MetaTrader 5 functions for finding a bar index by time and counting bars within a time interval. The proposed bar-shift function derives its result from the custom counting function, while an optional exact-match check…
This document describes a MetaTrader indicator that displays the trend direction or trade direction produced by the JMACandleTrend indicator on a selected timeframe. It marks continuing trends with a directional arrow and trend changes with a flower-shaped…
The document explains the double exponential moving average (DEMA), which combines an exponential moving average with a second smoothing pass to reduce lag relative to a conventional moving average. Generalized DEMA adjusts the weights in that combination to…
Candels High Open is described as a simple indicator that evaluates the direction of the three completed bars immediately before the current bar. It returns a positive signal when all three rise, a negative signal when all three fall, and zero when neither…
This document describes a version of an RSI chart indicator that lets the user choose the timeframe used for its calculation through an input setting. The example setting defaults to a four-hour period. The main practical idea is to view RSI information…
The Schaff Trend RSI is described as an indicator that applies the relative strength index (RSI) to moving average convergence divergence (MACD) values. This distinguishes it from the Schaff Trend Cycle, which the document characterizes as a smoothed…
This document describes a histogram indicator that plots the point difference between the main and signal lines of Ang_Zad_C. It identifies three configurable inputs: a smoothing ratio, the price series used for calculations, and a horizontal shift measured…
This trading system uses changes in a CCI Histogram’s color to generate entries at bar close. A signal appears when the histogram switches from neutral gray to red or blue, which the description associates with the CCI oscillator entering an overbought or…
The described MT5 custom indicator plots Bollinger Bands with configurable period, shift, deviation, applied price, color, and line style. It also calculates the distance between the upper and lower bands in pips and displays that range bandwidth as a label.…
The document describes a variation on Average True Range (ATR), a measure of market volatility based on the greatest of the current high–low range and the two gaps between current prices and the previous close. Conventional ATR smooths true range with a…
The Spread Oscillator compares two selected symbols by first forming a normalized price ratio: the first symbol’s close divided by the second symbol’s close, scaled by one hundred. It then computes exponential moving averages of that ratio using configurable…
This document describes a breakout system that places buy and sell trigger levels at configurable distances from the current market price. A buy is opened when price crosses the upper level, while a sell is opened when it crosses the lower level. The levels…
This description outlines an Expert Advisor that trades from the FisherCGOscillator indicator. It forms a signal at bar close when the indicator's main and signal lines cross. The EA depends on a separately compiled indicator file installed in the platform's…