Higher TimeFrame Trend Indicator – indicator MetaTrader 4

Higher TimeFrame Trend Indicator - indicator for MetaTrader 4
Description: This indicator displays the overall trend of a higher timeframe on the current (lower timeframe) chart as follows:If MA_1 < MA_2 < MA_3 < MA_4 on the higher timeframe MA proper order has been established and a down trend is in place. On the current, lower timeframe chart and red line will appear to … Read more

Higher timeframe candles on your chart – indicator MetaTrader 4

Higher timeframe candles on your chart - indicator for MetaTrader 4
Author: Julien L ( I wanted to know the details of the candles. What’s happening in those H1 candles? By switching to a lower timeframe, you don’t have the same view, making it hard to understand what gives their shapes to the candles. So I’ve created this indicator, that draws candles from an higher timeframe … Read more

MACD – Any higher timeframe – indicator MetaTrader 5

MACD - Any higher timeframe
This indicator is based on common MACD. Main idea is to allow trader to choose also timeframe of displayed indocator. Naturally you have the possibility to choose only current chart timeframe or any higher timeframe. It is not possible to display MACD with lower timeframe as current chart timeframe. MACD – Any higher timeframe – … Read more

Higher Highs & Lower Lows Stochastic – indicator MetaTrader 5

Higher Highs & Lower Lows Stochastic - indicator for MetaTrader 5
Theory : According to Vitali Apirine’s article “Higher Highs & Lower Lows,”  in in February 2016 issue of TASC, the momentum indicator-based system HHLLS (higher high, lower low stochastic) can help to spot emerging trends, define correction periods, and anticipate reversals. As with many indicators, HHLLS signals can also be generated by looking for divergences … Read more

Higher period Bollinger Band breakout and retrace strategy – EA MetaTrader 4

Higher period Bollinger Band breakout and retrace strategy - expert for MetaTrader 4
The strategy based on the price breaking out of a high period Bollinger Band and then coming back into the bands. For short trades: Wait until the price closes above the upper Bollinger band and wait for it to close below the upper band. Then go short with 1 ATR stop loss and 1.5 ATR … Read more