Indicator

Trend Equilibrium Indicator TrendEQ – indicator MetaTrader 5

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Trend Equilibrium Indicator TrendEQ - indicator for MetaTrader 5
Settings and Parameters General Parameters Momentum PeriodThe number of candles used to calculate momentum.Recommended value: 14(The higher the value, the smoother the curve, but with a lag.) Volatility PeriodThe number of candles used to calculate volatility.Recommended value: 14 Scaling FactorThe scaling factor adjusts the indicator calculation to produce a readable curve.Default value: 100000 Thresholds Overbought … Read more

Moving Average MTF – indicator MetaTrader 4

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Moving Average MTF - indicator for MetaTrader 4
This is a simple indicator to calculate moving averages based on timeframe that currently viewed. The calculations are generally based on timeframe window and moving average’s period defined. The following chart is on M15 timeframe shows an Exponential Moving Average on close price with period of 16. while this following chart is on the M5 timeframe, shows … Read more

Buffers for each hour (binary) and an hour buffer from 0-23 – for data collection purposes – indicator MetaTrader 5

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Buffers for each hour (binary) and an hour buffer from 0-23 - for data collection purposes - indicator for MetaTrader 5
Purpose Users may collect data for modelling. Time dummies are frequently used in economic modelling. The simple indicator below, which can easily be expanded upon, provides each hour as a binary buffer array vector. A final buffer array vector stores the hour itself. If data from other indicators is being collected to a CSV, for … Read more

Fibonacci Bollinger Bands (MQL5 Version) – Converted from Pine Script by Rashad – indicator MetaTrader 5

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Fibonacci Bollinger Bands (MQL5 Version) - Converted from Pine Script by Rashad - indicator for MetaTrader 5
This Fibonacci Bollinger Bands indicator is a conversion from Pine Script (by Rashad) to the MQL5 language. It combines the power of Bollinger Bands with Fibonacci levels to help traders identify dynamic support and resistance zones effectively. Features: Automatically calculates Fibonacci levels on Bollinger Bands. Provides a unique perspective for breakout and reversal trades. Fully … Read more