trend

Trend Strength Index – indicator MetaTrader 4

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Trend Strength Index - indicator for MetaTrader 4
The Trend Strength Index indicator measures strength of current trend. Basically it is similiar to a simplified auto regression indicator, because Correlation function calculates the Pearson correlation coefficient between two sets of data: the closing prices and the bar indices over a specified length. This coefficient ranges from -1 to 1, indicating the strength and direction … Read more

Resize chart window from indicator (for Short Trend Reversal) – indicator MetaTrader 4

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charts
You can simply add function void OnChartEvent(…) to your indicator the screens are from EA and its GUI, indicator only changes window size before compilation you need uncomment few lines //external dll prohibited 🙁 Resize chart window from indicator (for Short Trend Reversal) – indicator MetaTrader 4

MTrendLine is Very Convenient Autoregulator of Pendings in Reference to the Trend Lines – EA MetaTrader 4

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MTrendLine is Very Convenient Autoregulator of Pendings in Reference to the Trend Lines - expert for MetaTrader 4
The usage is very simple, we draw the trend lines marking, place a pending order at random, for example at 100 points lower than the current price. Then we inspect the properties of the trend and copy TrendLine ####### (number) into the clipboard, then activate the EA and write the number of the pending order … Read more

iMAX3 Fast Trend Detector – indicator MetaTrader 4

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iMAX3 Fast Trend Detector - indicator for MetaTrader 4
It is now official with me anyway… this version of iMAX3 is now superseded by another version… iMAX3ea, which has been submitted for publishing now.  So, expect it will soon to appear.  But, for now, this indicator is fully functional… not a single report of any technical problem of any kind… and I hope the … Read more

iMAX3alert Fast trend alert indicator. – indicator MetaTrader 4

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iMAX3alert Fast trend alert indicator. - indicator for MetaTrader 4
This version of the iMAX indicator is an example of how methods used in iMAX3 can be more fully developed into useful trading tools, especially programming the amplitude phase shifts for the higher speed hp trend detection modes introduced in iMAX3. This version is also liberally commented to aid in better understanding the mechanics of … Read more

Trend Indicator for several timeframes – indicator MetaTrader 4

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Trend Indicator for several timeframes - indicator for MetaTrader 4
Author: Vladimir Hlystov The indicator shows a trend table for a several timeframes in the bottom left corner of the chart. Often before the position opening the trader examines several timeframes to determine the current trend and to find the confirmations of his own intentions. This procedure may take a long time and always there … Read more

Price and Volume Trend (PVT) – indicator MetaTrader 5

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Price and Volume Trend indicator
Price and Volume Trend (PVT) indicator, like On Balance Volume (OBV), represents the cumulative sum of trade volumes calculated considering close price changes. The calculation algorithm is close to that of the indicator OBV. But in OBV we add the whole daily volume to the current indicator value when close prices are higher, and detract … Read more

Trend Paint – indicator MetaTrader 4

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Trend Paint - indicator for MetaTrader 4
Основной идеей данного индикатора была визуальная оценка работы стратегии. Т.е. когда по показателям встроенных элементов восходящий тренд – бары окрашиваются в зелёный цвет. Когда нисходящий тренд – в красный цвет. Когда тренд боковой (или просто встроенные элементы тупят) – бары окрашиваются в серый цвет. Идея оправдала себя. Помимо показаний тестера, очень наглядно было видно всё … Read more