Confluence Detector – indicator MetaTrader 5

April 20, 2024 by

The indicator draws three line plots on the chart. It detects the current period, and you assign two other periods in the input which should compare to the current period. If the price is not moving in the same direction on the other timeframes you selected, the lines will deviate from each other and this … Read more

iMAX3 Fast Trend Detector – indicator MetaTrader 4

September 9, 2024March 6, 2024 by

iMAX3 Fast Trend Detector - indicator for MetaTrader 4

It is now official with me anyway… this version of iMAX3 is now superseded by another version… iMAX3ea, which has been submitted for publishing now. So, expect it will soon to appear. But, for now, this indicator is fully functional… not a single report of any technical problem of any kind… and I hope the … Read more

Simple Trend Detector – indicator MetaTrader 4

September 9, 2024March 5, 2024 by

Simple Trend Detector - indicator for MetaTrader 4

Description: Like RSI and DeM, but more sensitive. Use the same way. Because of simplicity, would not be surprised that such an indicator exists under a different name: 0) Image: Simple Trend Detector – indicator MetaTrader 4

MACD + Flat Market Detector – indicator MetaTrader 4

September 9, 2024March 4, 2024 by

MACD + Flat Market Detector - indicator for MetaTrader 4

This is the standard MACD indicator drawing two flat lines instead of a signal line. It allows you to detect and trade flat/range-bound markets. It’s nothing fancy. I only created it to run some tests, but it might be useful to others. MACD + Flat Market Detector – indicator MetaTrader 4

Constant Range Detector – indicator MetaTrader 4

September 9, 2024March 4, 2024 by

Constant Range Detector - indicator for MetaTrader 4

Info: Constant Range Detector indicator Note: This indicator is intended for use with Constant Range Charts: Range Bars or Renko Boxes, not standard candles – bars Constant Range Candles and Charts are also referred to as Range Bars (RB) and Range Bar Charts. Constant Range Candles / Bars all have the same pip range value … Read more

Smoothed Simple Trend Detector – indicator MetaTrader 5

March 4, 2024 by

3-Pole Butterworth Filter by Witold Wozniak was used for smoothing. The indicator is used similar to RSI and Dem. Image: The blue line represents non-smoothed version, while the red one shows smoothed version. Smoothed Simple Trend Detector – indicator MetaTrader 5

Simple Trend Detector – indicator MetaTrader 5

March 4, 2024 by

Same RSI and Dem but more sensitive one. The use is similar to the mentioned ones. Image: MQL4 version: Simple Trend Detector – indicator MetaTrader 5

Pinbar Detector – indicator MetaTrader 5

March 3, 2024 by

The real author: EarnForex The indicator which fixes Pin Bars in the chart. You can read about Pin Bars here. Pin Bar’s pattern consists of three bars: “left eye”, “nose” and “right eye”. The “left eye” must be the growing bar for the bearish Pin Bar or falling bar for the bullish Pin Bar. “Nose” … Read more

Rogue tick detector – indicator MetaTrader 4

September 9, 2024March 3, 2024 by

Rogue tick detector - indicator for MetaTrader 4

Introduction: Traders of all varieties have increasingly dependent on mt4’s automated trading and custom studies capabilities to implement their speculative strategies unattended. The execution of these tools rely on the primary input: price feed. Each new price quote of bid/ask information comes on a new tick. If the price feed contains old or stale ticks, … Read more

Renko Range Detector – indicator MetaTrader 4

September 9, 2024March 3, 2024 by

Indicator: Renko Range Detector Detects and displays the fixed size of the Renko Bar/Candle range on the Renko offline chart. Fast and easy identification of chart parameters facilitates trading efficiency. Note: This indicator is intended for use with Renko Bars/Candles, not Standard Bars/Candles. Renko Bars/Candles all have the same fixed range value from open to … Read more

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