trend

Higher TimeFrame Trend Indicator – indicator MetaTrader 4

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Higher TimeFrame Trend Indicator - indicator for MetaTrader 4
Description: This indicator displays the overall trend of a higher timeframe on the current (lower timeframe) chart as follows:If MA_1 < MA_2 < MA_3 < MA_4 on the higher timeframe MA proper order has been established and a down trend is in place. On the current, lower timeframe chart and red line will appear to … Read more

Trending or Ranging and Trend Strength Indicator – indicator MetaTrader 4

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Trending or Ranging and Trend Strength Indicator - indicator for MetaTrader 4
Brooky Trend Strength Indicator The indicator shows the power of the trend that is in place and whether a pair is trending or ranging. Strength is always from below 0 heading up. This is not a linear directional indicator. The colours give direction, the slope shows strength. 0 is ranging, going up off 0 is … 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

Daily trend ZCOMForex – indicator MetaTrader 4

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Daily trend ZCOMForex - indicator for MetaTrader 4
Description: A very useful indicator to show trend of 4 currency pairs on your charts. For more information and forex trading visit ZCOM Forex. You will be able to choose 4 currency pairs to show daily trend. Trend is determined by these indicators: Smoothed Moving Average (100) of H1 chart; Smoothed Moving Average (50) of … Read more

Daily trend ZCOMFX v2 – indicator MetaTrader 4

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Daily trend ZCOMFX v2 - indicator for MetaTrader 4
Description: First version. A very useful indicator to show trend of up to 6 currency pairs on your charts. For more information and forex trading visit my blog. Use only on 1 hour timeframe, because it uses indicators of 1H chart. On other timeframes select ShowArrows=false in settings. If You do not want to show … Read more

The class of a module of trade signals, on “inner bar breakthrough” in trend direction – library MetaTrader 5

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Description of signals
The MQL5 Wizard provides an opportunity to create a strategy using different modules. For example, the main module can be written by developer, the other modules (money management, trailing stop) can be developed by other programmers. The strategy, implemented in this module is following: when outside bar appears, it checks the fact of the inner … Read more

Directional Trend Index Blau_DTI – indicator MetaTrader 5

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Directional Trend Index (DTI) Indicator by William Blau
Author: Andrey N. Bolkonsky The Directional Trend Index (DTI) indicator (based on the Composite High/Low Momentum) is described by William Blau in the book “Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis”. WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_DTI.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Directional Trend Index (DTI)Indicator by William Blau … Read more

Trend power and direction indicator – indicator MetaTrader 5

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ColorBBCandles
This indicator paints the candlesticks in different colors depending on a trend power and direction. The indicator is based on five symmetrical Bollinger Bands with different deviation input parameters values. Breakout of the channel with a big deviation value results in a brighter color of a candlestick. Spring green color shades are used for the … Read more