Line

Volume weighted line chart with smoothing – indicator MetaTrader 5

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Volume weighted line chart with smoothing - indicator for MetaTrader 5
A simple indicator to make a smoother line chart while also using tick volume to determine the market direction. The basic idea is to give you the true direction of where the market is moving. When compared to the line chart, you can see that it is ignoring short noisy market movements. Smoothing can be … Read more

Linear Regression Line (apply to) – indicator MetaTrader 5

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Linear Regression Line (apply to) - indicator for MetaTrader 5
Not all indicators are suitable to have an option to be applied to another indicator data via mt5 designed / allowed options. Linear regression line (original that uses “simple” prices posted here : Linear Regression line) is one that is suitable We have regression channel as objects, but it needs to be constantly adjusted if we … Read more

Bounce Strength Indicator 2.0 with Tango Line – indicator MetaTrader 4

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Bounce Strength Indicator v2.0
Bounce Strength Indicator (BSI) shows the strength of bounce. It now works in trend and uses Tango Line calculations. There is no difference in the basic concept, but I tried to remake it from a different angle. I used the width of the range as a measure to measure (like a classical oscillator). This version … Read more

Delete a Pending Order by Point and drop over the price order (green dashed line) – script MetaTrader 4

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Delete a Pending Order by Point and drop over the price order (green dashed line) - script for MetaTrader 4
Description: Select the pending order you want to delete when you have severals pending orders on a same chart by point and drop over the price of the pending order you want to delete. You have severals pending orders placed on a chart and you want to delete one specific pending order? Just point a … Read more

Emilio’s Trend Line Breakout Alerter – indicator MetaTrader 4

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Emilio's Trend Line Breakout Alerter - indicator for MetaTrader 4
Author: Emilio Reale is a professional trader that makes some useful tool and places in public domain to help others to use his ordinary daily working tools. The Alerter simply works on 1 or 2 trendlines and plays a sound file when the trendline has been broken so the only think you must do is … Read more

MQL5 Wizard – Trade Signals Based on Dark Cloud Cover/Piercing Line + Stochastic – EA MetaTrader 5

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Fig. 1. "Dark Cloud Cover" candlestick pattern
The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal (see Creating Ready-Made Expert Advisors in MQL5 Wizard for the details). It allows to check your trade ideas quickly, all you need is to create your own trading signals class. The structure of this class … Read more

MQL5 Wizard – Trade Signals Based on Dark Cloud Cover/Piercing Line + CCI – EA MetaTrader 5

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Fig. 1. "Dark Cloud Cover" candlestick pattern
The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal (see Creating Ready-Made Expert Advisors in MQL5 Wizard for the details). It allows to check your trade ideas quickly, all you need is to create your own trading signals class. The structure of this class … Read more

MQL5 Wizard – Trade Signals Based on Dark Cloud Cover/Piercing Line + MFI – EA MetaTrader 5

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Fig. 1. "Dark Cloud Cover" candlestick pattern
The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal (see Creating Ready-Made Expert Advisors in MQL5 Wizard for the details). It allows to check your trade ideas quickly, all you need is to create your own trading signals class. The structure of this class … Read more