MQL5 Wizard – Trade Signals Based on Hammer/Hanging Man + Stochastic – EA MetaTrader 5

Fig. 1. "Hammer" 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 Bullish/Bearish Meeting Lines + Stochastic – EA MetaTrader 5

Fig. 1. "Bullish Meeting Lines" 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 Morning/Evening Stars + Stochastic – EA MetaTrader 5

Figure 1. "Morning Star" and "Morning Doji Star" candlestick patterns
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

Premier Stochastic Oscillator [v01] – indicator MetaTrader 5

Premier Stochastic Oscillator
Real author: traderak20, based on article in TASC magazine by Lee Leibfarth (August 2008), see traders.com for the article (subscription required). For instructions on how to use the Premier Stochastic Oscillator see investopedia.com You can set the same parameters as for the normal Stochastic indicator, and for the period of the EMA used to calculate … Read more

Stochastic Indicator Blau_TStoch – indicator MetaTrader 5

Stochastic Indicator Blau_TStoch
Author: Andrey N. Bolkonsky Stochastic Indicator (smoothed q-period Stochastic) by William Blau is based on Stochastic Indicator (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). It shows the distance between the close price and lowest price of the q bars. The numerical value of Stochastic shows the price position relative … Read more

Stochastic Index Blau_TStochI – indicator MetaTrader 5

Stochatic Index Indicator by William Blau
Author: Andrey N. Bolkonsky Stochastic Index (normalized smoothed q-period Stochastic) by William Blau, described in the book Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis. The values of q-period smoothed Stochastic is normalized and mapped into the [0,+100] interval. It allows to determine the overbought/oversold of the market. WilliamBlau.mqh must be … Read more

Stochastic Oscillator Blau_TS_Stochastic – indicator MetaTrader 5

Stochastic Oscillator by William Blau
Author: Andrey N. Bolkonsky Stochastic Oscillator is based on Stochastic Index by William Blau (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_TS_Stochastic.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Stochastic Oscillator by William Blau Calculation: Stochastic Oscillator is defined as follows: TS_Stochastic(price,q,r,s,u) = TStochI(price,q,r,s,u) Signal … Read more

Stochastic Momentum Blau_SM – indicator MetaTrader 5

Definition of Stochastic Momentum by William Blau
Author: Andrey N. Bolkonsky Stochastic Momenum (Stochastic Momentum, SM) by William Blau (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). The q-period Stochastic Momentum is defined as a distance of the current close from the midpoint of q bars. The value of Stochastic Momentum indicates the distance between the midpoint … Read more

Stochastic Momentum Index Blau_SMI – indicator MetaTrader 5

Stochastic Momentum Index Blau_SMI
Author: Andrey N. Bolkonsky Stochastic Momentum Index (SMI) by William Blau is based on Stochastic Momentum Indicator (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). Stochatic Momentum Index is normalized (to half of q-period price range) and mapped into the [–100,+100] interval. The values of SMI is interpreted as overbought … Read more

Stochastic Momentum Oscillator Blau_SM_Stochastic – indicator MetaTrader 5

Stochastic Momentum Oscillator
Author: Andrey N. Bolkonsky Stochastic Oscillator by William Blau is based on Stochastic Momentum Index Indicator (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_SM_Stochastic.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Stochastic Momentum Oscillator Calculation: Stochastic Momentum Oscillator is calculated as follows: SM_Stochastic(price,q,r,s,u) = SMI(price,q,r,s,u) … Read more