Strength Arrow The code is purely based on the Relative Strength Indicator and the reason to amend is updating when the currency pair comes out from extreme oversold and overbought. It can be used on any timeframe, but I recommend attaching this indicator on high timeframes. I checked this all is good instead of repaint….
Daily Channel Simple display any time zone daily channel. Input parameters: LocalTimeZone — Local TimeZone DailyTimeZone — Daily TimeZoneDefault UTC-5 East USA DailyPeriodColor — Daily Period Color DailyPeriodStyle — Daily Period Style Colour Setting: High Price Style Low Price Style Middle Price Style Instructions: Best use the indicator on max 1 Hour Enable Show period…
Trading Comments This indicator is commenting always on behalf of EMA (Exponential Moving Average). I have amended this indicator with some calculations so the strategy of 3 Moving averages is used and also forecast for opening and closing orders. How to follow: If Comments Show: Go Long With Rates = Go With Buy If Comments…
MA-4H The MA-4H indicator displays the moving average of the selected timeframe on the chart of the current timeframe. The intersection of the two moving averages is implemented as optional. The external parameters allow to activation of the second moving average in order to see their intersection.
New_Fractal_Lines After reading the first “Chaos” by B. Williams I came up with the idea to implement not the “squat” bar, but the “squat” fractal. The idea: take the two nearby divergent fractals. Let the first (further in history) is downwards, the second (closer in history) is upwards. Calculate the delta of the fractal: (High[i+2]…
WATR trend indicator, simple but clear A simple trend indicator that clearly shows the direction of the current trend. It can be used in breakout trading systems.
FloatPivot The substantial difference from the known indicators of probable channels is that it plots an estimated channel, and not the actual based on history. It is good for displaying the breakouts and rebounds. To improve the display, it incorporates a small smoothing by averaging the close price used in calculations. The indicator period depends…
CurrencyChart The CurrencyChart indicator allows displaying the charts of multiple currencies (symbols) in a single window. Input Parameters: symbol – the name of the symbol to display in the window (by default EURUSD). Usage example: the picture below shows that the CurrencyChart indicator was attached to the EURUSD, M5 chart twice with the ‘symbol’ parameters…
Extended Regression StopAndReverse The Extended Regression StopAndReverse indicator is based on some popular and rather useful programs, scripts and experts.