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This Expert Advisor description outlines a simple entry approach based on consecutive directional candlesticks rather than technical indicators. A trade signal occurs when a configurable number of candles are all rising or all falling; the input parameter…
The document describes an Expert Advisor intended to test two ways of changing position size after a trade closes. In its martingale mode, a stop loss leads to a larger position in the opposite direction, while a take profit resets size and continues in the…
This document describes an MT4 expert advisor that places one-cancels-the-other orders alongside one-pip limit and stop orders. It lists global variables for buy and sell limit or stop prices, plus a confirmation setting used to enable the advisor after…
This short description introduces a modified Commodity Channel Index indicator designed to reduce noise. It adds a sensitivity threshold parameter, so users can adjust how responsive the indicator is, and it uses distinct colors to mark breaks above or below…
The Triple Hull indicator combines three Hull Moving Averages calculated from closing, high, and low prices. The document describes the Hull average as designed to smooth price while responding quickly, and presents the three lines together as a broader view…
The Dots indicator displays a directional trend estimate directly on a chart using colored dots: blue indicates bullish conditions and red indicates bearish conditions. Its calculation is described as using the cosine of the angle of price change, with a…
This document describes an indicator that applies a True Strength Index (TSI) style oscillator to values from the Commodity Channel Index (CCI). It adds its own signal line, displayed as a colored cloud, to help compare oscillator behavior with the signal.…
This brief MQL5 indicator note describes a version of the XMA Range Channel that lets a user select the timeframe used for its calculations through an input parameter. The example default is a four-hour timeframe, allowing the indicator to use…
The document outlines a one-minute currency scalping Expert Advisor intended for tight-spread conditions and markets described as flat with adequate volume. Its features include trading across currency crosses, handling multiple currencies, calculating…
The document describes a trading robot that first opens simulated positions to monitor the market, then begins placing real orders after a configured entry condition is met. Its settings cover timeframe, slippage, order identifiers, stop loss and take…
The BarTimer indicator displays where the current time falls between the start and end of a price bar, including elapsed time as a percentage of the bar. The described use is to monitor when a trading decision is made relative to candle formation, applying…
The document describes an indicator that renders the output of the STLM digital filter as a sequence of candlesticks. It says this visual form may make the processed price series more informative for analysis, though it does not explain how to interpret the…
This expert advisor describes a trend-following system using two ColorX2MA indicators on separate timeframes. The slower indicator sets the prevailing trend from its line color; the faster indicator supplies entry timing when its color changes. A signal is…
The Detrended Synthetic Price oscillator is described as a way to display price movement after removing a trend component. Its calculation uses the difference between an exponential moving average and a half-period moving average. The result is intended to…
This indicator estimates an asset’s volatility from the high and low of smoothed Heiken Ashi candles. It takes the candle range, converts it to points, then rounds that value to a grid defined by a starting level and a level increment. The resulting levels…
The Expert Advisor uses changes in the Donchian Channel’s upper and lower buffers as directional signals. A buy is triggered when the upper buffer on the first bar is higher than on the second bar; a sell signal occurs when the lower buffer on the first bar…
This brief strategy outline defines an Asian session range from 1:00 AM to 5:00 AM GMT, then looks for an entry at the London or New York open. The proposed entry is at a 60% Fibonacci retracement, with a stop below the 80% level and a stated profit target…
The i-CAi indicator displays its latest value as a price label and can round channel levels to a user-selected number of digits. The number of digits is controlled through an input setting. This affects how the indicator presents its levels; the document…
The document describes an indicator that applies K-means clustering to historical price points. It groups prices by density and treats each cluster’s center, or centroid, as a potential area of concentrated liquidity. The intended use is to plot support and…
This indicator description presents a variation of MACD that lets the user calculate the difference between fast and slow averages using one of four types: simple, exponential, smoothed, or linear weighted. It then normalizes the resulting MACD values to a…
ReverseMinMax is a chart indicator that identifies the low associated with the highest low and the high associated with the lowest high across a configurable lookback period. These reversed extrema form two levels intended to show where recent price extremes…
This script draws horizontal lines at the highest and lowest prices found over user-selected lookback windows. Users can choose whether to show upper lines for highs, lower lines for lows, or both, and can configure the number of bars considered for hourly,…
This document describes a modified Aroon oscillator indicator for MetaTrader 5. It says the indicator builds on Tushar Chande’s Aroon indicator and corrects a common implementation issue in which the oscillator’s negative extreme is not reached. It also adds…
This indicator displays a daily pivot point alongside three resistance levels and corresponding support levels. Traders can choose which chart corner shows the values, and the indicator can draw horizontal level guides on the chart. The levels are presented…