Cycle Period – indicator MetaTrader 5

Cycle Period
Real author: Witold Wozniak This indicator is designed for measurement of a financial asset price change periodicity. The indicator stores in its indicator buffer the current market cycle values, which can never be stable for obvious reasons. This indicator is created to be used with oscillators to provide their adaptation to constantly changing market cycles … Read more

A new indicator to see the range bound period and an Expert Advisor similar need help – EA MetaTrader 4

A new indicator to see the range bound period and an Expert Advisor similar need help - expert for MetaTrader 4
Hi everyone, For searching the good time to place order, I’d like to find the range bound period. In my opinion, it should be a good market after the range bound. Then I wrote the indicator named RangeBoundMA. It based on the different prices among the 3 SMA lines that the periods are 38, 140 … Read more

DailyLines Vertical lines starting new Day with above name of the DAY. Period Separators with options to choose different styles. – indicator MetaTrader 5

DailyLines Vertical lines starting new Day with above name of the DAY. Period Separators with options to choose different styles. - indicator for MetaTrader 5
Like period Separator each new day will gets its line at starting. Above this line you can read the text what day of the week is starting. The lines can be dotted, solid , dash ….  and also the width can be chosen. The text is placed pixels you choose from pricemax. Everytime you change … Read more

Period ConverterALL – script MetaTrader 4

Period ConverterALL - script for MetaTrader 4
The second version of the script for converting a chart of the M1 timeframe into all other charts of the standard timeframes and recreating the M1 timeframe chart.The advanced functionality of chart conversion of the M1 timeframe chart depends on the ReCreateM1Volume input parameter. It can take on the following values:     -2 by default or … Read more

High/Low indicator for a predefined period – indicator MetaTrader 4

Daily progress on a 5 minute chart
The middle line can be configured with the parameter Middle line type as: MID_TYPE_NONE=0,    // None MID_TYPE_MEDIAN=1,  // Median, (high + low)/2 MID_TYPE_TYPICAL=2, // Typical, (high + low + close)/3 MID_TYPE_WEIGHTED=3 // Average, (high + low + close + close)/4‌ High/Low indicator for a predefined period – indicator MetaTrader 4

Wave period oscillator – indicator MetaTrader 5

Wave period oscillator - indicator for MetaTrader 5
Theory : The indicator is based on Akram El Sherbini’s article “Time Cycle Oscillators” published in IFTA journal 2018. The WPO is a short-term oscillator that measures the buying and selling period of price cycles over a certain time interval. The leading oscillator indicates a rise in buying period when it moves above the zero … Read more