This indicator transforms the close price’s position relative to standard Bollinger Bands into a normalized value. Its calculation subtracts the upper band from the close and divides by the distance between the lower and upper bands. The document’s stated…
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Begin_Trend_v02 is described as a normalized version of an earlier indicator. It displays a red or green histogram when a strong trend in the opposite direction is detected, with the signal appearing when an upper or lower line crosses zero. The document…
The article explains an Expert Advisor approach that closes trades when current profit reaches a currency-denominated threshold, instead of setting a take-profit distance in pips. It shows how to count open orders and sum their profits, optionally filtering…
The document describes an adaptive simple moving average intended to respond more quickly than a standard SMA. Because an SMA uses whole-bar periods, adapting its period can produce abrupt slope changes; treating each slope change as a trading signal may…
This indicator reference explains the Blau Stochastic Index oscillator, which measures a close relative to the recent high-low range and centers the result around zero. It defines the price difference as the close minus the lowest price over the selected…
This document describes a histogram version of the standard Money Flow Index (MFI) that rounds oscillator readings to selected increments across the indicator’s usual 0–100 range. The available step sizes are 1, 2, 5, 10, 20, and 50, with the coarsest…
This document describes an indicator that displays the daily price change as a percentage for four selected financial instruments. Its purpose is to let a trader compare current daily moves across several instruments in one view. The source notes that the…
This short description explains a chart-operated order-placement script. The trader drops it at a price level, and the script compares that level with the current market price to choose an order direction. A level below market leads to a sell order and a…
This document describes a Schaff Trend RSI indicator that can run on multiple timeframes in MetaTrader 5. It supports the platform’s available timeframes and adds three special choices: the next higher timeframe, the second higher timeframe, and the third…
The Decycler Oscillator description gives a simple directional interpretation: an indicator reading above zero signals an upward trend, while a reading below zero signals a downward trend. It does not explain how the oscillator is calculated, how often it…
This document outlines an Expert Advisor that trades from changes in the direction of a ColorZerolagMomentumOSMA histogram. It generates a signal when a bar closes and the oscillator turns, so the method relies on confirmed bar-close direction changes rather…
Supertrend uses Average True Range (ATR) to place upper and lower bands around a source price. The multiplier scales the distance from price, so the bands reflect recent volatility. The indicator marks an uptrend with a green line and a downtrend with a red…
This note describes a higher timeframe variant of the XFisher candle indicator. It adds a timeframe input so a user can select the period from which the indicator should calculate or display its values, with a four hour period shown as the default. This lets…
This brief indicator note describes a trend envelope calculation that can use smoothed or filtered prices instead of raw prices. The stated purpose of smoothing is to reduce the number of signals, which may help traders screen out some moves according to…
The document describes an order-flow indicator that monitors the rate and density of market data updates rather than relying only on cumulative volume. Its proposed method compares incoming tick activity with a moving baseline and its standard deviation,…
Trend Score, attributed to Tushar S. Chande and described in a 1993 magazine article, is presented as an indicator of both trend direction and strength. The document outlines configurable price and comparison methods, including current open versus close or…
The described automated strategy begins by placing a Buy Stop and a Sell Stop with specified expiration times. It then aims to manage only one open position: if both positions open, the system deletes them. This creates a paired pending-order setup intended…
The document explains a Line Break indicator that draws reversal boxes over the price chart, using the current instrument and timeframe. It adds a minimum box size, excluding reversal boxes, which makes its behavior similar to Renko charts while remaining…
The document describes a modified Arnaud Legoux Moving Average indicator. The original ALMA is characterized as smoothing small price fluctuations and making the underlying trend clearer through repeated moving-average processing. The modified version adds…
This expert advisor trades a session breakout in gold by recording the Asian-session high and low, then placing paired buy-stop and sell-stop orders outside that range as London opens. The orders are one-cancels-other, and expire if neither triggers within…
This brief indicator description covers a Bollinger Bands channel that displays the latest indicator values as labels on the price chart. It identifies a dependency on a smoothing-algorithm library for its implementation and points readers to a separate…
This histogram indicator presents trend changes from a crossover approach attributed to Sylvain Vervoort. The described system compares a triple exponential moving average of typical price with a triple exponential moving average of the Heikin-Ashi close.…
This indicator applies the relative strength index separately to open, high, low, and close prices, then displays the results as candles. Before calculating the RSI, users can smooth the input prices with a simple, exponential, smoothed, or linear weighted…
This trading-system description uses the DSS Bressert indicator’s stochastic cloud color as its signal. A trade is entered at bar close when the cloud changes color. Positions are exited either by a pending order or when the indicator changes color again.…