FRASMA: Fractally Modified Simple Moving Average – indicator MetaTrader 4

FRASMA: Fractally Modified Simple Moving Average - indicator for MetaTrader 4
The SMA is accelerated during a trend and slowed down during a sideways market, so as to avoid false signals. It’s using the fractal dimension as computed by iliko [arcsin5@netscape.net] in his indicator called fractal_dimension.mq4, and makes use of it to smooth the SMA. I feel it is best used in combination with it, so … Read more

Modified Brooky Strength Indicator – indicator MetaTrader 4

Modified Brooky Strength Indicator - indicator for MetaTrader 4
Description: This is a modified indi Brooky posted some time ago. Displays the stength of a currency based on 7 of its crosses. Origianally done by Brooky a few pages back in the code base. Enter 7 currency pairs with a common major in each pair. For example Pair1 USDCHF; Pair2 USDJPY; Pair3 USDCAD; Pair4 … Read more

Triggerlines Shift Modified – indicator MetaTrader 5

Figure 1. The Triggerlines Shift Modified indicator
Real author: Unknown A simple trend indicator in the form of a colored cloud. The edges of the cloud are defined by LSMA and its EMA. This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 17.05.2008. Figure 1. The Triggerlines Shift Modified indicator Triggerlines Shift Modified – indicator MetaTrader … Read more

Fractals Modified – indicator MetaTrader 5

Fractals Modified Indicator MQL5
This indicator is a small modification of classical Fractals Indicator. You can choose the number or left/right bars to have a new top or bottom as well a shift parameter. In the following chart you can see the indicator with parameter values: leftbars=10; rightbars=10; shift=0. The parameter leftbars/rightbars indicates the necessary number of bars to … Read more

Awesome Modified – indicator MetaTrader 5

Awesome Modified indicator MQL5
This indicator is a modification of classical Awesome indicator. It computes the smoothed rate of change of two exponential means. More precisely, the indicator has 5 inputs: shortmean, mediummean and longmean stand for three exponential averages (by default 18, 40 and 200, respectively). The last two inputs indicate the exponential average for the rate of … Read more

Fractals Modified – indicator MetaTrader 4

Fractals Modified - indicator for MetaTrader 4
Description: This indicator is a small modification of classical Fractals Indicator. You can choose the number or left/right bars to have a new top or bottom as well a shift parameter. In the following chart you can see the indicator with parameter values: leftbars=10; rightbars=10; shift=0. The parameter leftbars/rightbars indicates the necessary number of bars … Read more