Color Parabolic SAR – indicator MetaTrader 5

Color Parabolic SAR
Added colors to Parabolic SAR. Parabolic SAR Technical Indicator was developed for analyzing the trending markets. The indicator is constructed on the price chart. This indicator is similar to Moving Average with the only difference that Parabolic SAR moves with higher acceleration and may change its position in terms of the price. The indicator is … Read more

Drag and Drop Support and Resistance lines with color differentiation – script MetaTrader 4

Drag and Drop Support and Resistance lines with color differentiation - script for MetaTrader 4
NEW REVISION:*********************DROP_RESISTANCE_LINE_Rev1 and DROP_SUPPORT_LINE_Rev1: Both scripts have been revised. With the new revision the scripts will work also when MT4 is not connected to server. The old version could only work when the platform was connected to server. ********************* If you want to draw several resistance and support lines differentiating the color of both types … Read more

Drag and Drop Support and Resistance “segment lines” with color differentiation – script MetaTrader 4

Drag and Drop Support and Resistance "segment lines" with color differentiation - script for MetaTrader 4
NEW REVISION: ********************* DROP_RESISTANCE_SEGMENT_LINE_Rev1 and DROP_SUPPORT_SEGMENT_LINE_Rev1: Both scripts have been revised. With the new revision the scripts will work also when MT4 is not connected to server. The old version could only work when the platform was connected to server. ********************* If you want to draw several resistance and support lines as a “little segment … Read more

DROP LEVEL LINES (WITH LEVEL VALUE AND AUTOMATIC COLOR CHANGING) – script MetaTrader 4

DROP LEVEL LINES (WITH LEVEL VALUE AND AUTOMATIC COLOR CHANGING) - script for MetaTrader 4
NEW REVISION 2010-12-17: ********************* DROP_LEVEL_LINE_Rev2.mq4: DROP_LEVEL_LINES.mq4 has been revised. The last revision Rev1 was displaying all prices with 4 digits. In this new revision (Rev2) the number of digits displayed is adjusted to the Market. (Example: With Rev1: EURUSD = 1.3452 USDJPY = 83.8200 DJ30 = 11332.0000 With new Rev2: EURUSD = 1.3452 USDJPY = … Read more

Color Parabolic 2 – indicator MetaTrader 5

Color Parabolic indicator
Added colors to Parabolic SAR. The color depends on the acceleration factor. All calculations performed inside the CParabolic class. The functions: Init(double SARStep, double SARMaximum,const double &high[],const double &low[],int totl) – initialization. GetColor() – gets the color. Calc(const double &high[],const double &low[],int i) – calculates the value of Parabolic at the specified bar. The code … Read more

Color Parabolic – indicator MetaTrader 5

Color Parabolic indicator
Parabolic SAR technical indicator has one major drawback. It is not noticeable enough on a chart containing other indicators. Therefore, its signals concerning a trend reversal may be missed. To improve this disadvantage large colored dots that appear during each trend reversal have been added. The indicator itself is made in two colors. Color Parabolic … Read more

Momentum Color Fill – indicator MetaTrader 5

Momentum Color Fill
The Momentum Technical Indicator measures the change of price of a financial instrument over a given time span. Momentum is calculated as a ratio of today’s price to the price in periods ago. When the momentum indicator is above/below the “line level”, it is filled with color. The additional input parameter is “line level” to … Read more

Color ZigZag – indicator MetaTrader 5

Color ZigZag - indicator for MetaTrader 5
ColorZZ is the modification of the FastZZ indicator. ColorZZ draws segments of different colors depending on the ratio of the current segment range to the previous segment range. The following ratio values are selected: Red(<=0.382), Gold(<=0.618), Lime(<=1), Aqua(<=1.618) and Blue(>1.618). Warning. The color of a vertical segment is not displayed correctly by this indicator. This … Read more