zones

Simple ZZ Consolidation Zones – indicator MetaTrader 5

by
Indicator fine tuning is performed by three parameters with forth inherited from parent indicator Simple ZZ.
More experiments with the Simple ZigZag indicator. A small upgrade allows the indicator to find and mark the price consolidation areas with colored rectangles. The Simple ZigZag indicator is the development of an idea of automated visualization of technical analysis. We have started with a simple indicator Simple ZigZag that plots local Highs and Lows … Read more

Aroon oscillator – dynamic zones (levels) – indicator MetaTrader 5

by
Aroon oscillator - dynamic zones (levels) - indicator for MetaTrader 5
Aroon oscillator is usually not associated with to much flexibility. It is its nature. This version is breaking that. Instead of using fixed levels to find out trends / overbought / oversold conditions, this version is introducing dynamic levels in order to change that rigidness. Levels are calculated using quantile bands (some more information on … Read more

Rsi of average – with normalized zones – indicator MetaTrader 5

by
Rsi of average - with normalized zones - indicator for MetaTrader 5
RSI of average is normally used when we want the extremes of the RSI reasonably predictable and when we want to filter out some of the erratic signals that sometimes can happen with the regular RSI. This version is adding one more small tool to help to assess the possible exhaustion of the trend : … Read more

Stochastic – with normalized zones – indicator MetaTrader 5

by
Stochastic - with normalized zones - indicator for MetaTrader 5
Stochastic indicator is usually used in a combination with a signal line This one is using “normalized zones” instead in order to determine the trend and the “strength” of the remaining trend change. Some experimenting with parameters (especially with the normalization period) is recommended prior to using it in live trading Stochastic – with normalized … Read more

Fibonacci Time Zones – EA MetaTrader 4

by
Fibonacci Time Zones - expert for MetaTrader 4
With “Fibonacci Time Zones” EA you can draw Fibonacci Time Zones on the chart and trade with price breakthrough,has 3 buttons for manual trading and allows to predetermine trailing stoploss & take profit, open and close all trades at once. USEMOVETOBREAKEVEN  system functions like a stop loss But a one-time function with a smaller value than … Read more

Minimum / maximum support resistance zones – indicator MetaTrader 5

by
Minimum / maximum support resistance zones - indicator for MetaTrader 5
This indicator is as simple as it gets : it calculates a series of minimums over a certain period of bars it calculates a series of maximums over a certain period of bars then it uses such a minimum and maximum to get an average minimum to maximum state a combination of multiple such “levels” are showing a … Read more