Monday, November 23, 2015

Pin Bar Scanner Indicator for MetaTrader 4

The Pin Bar Scanner indicator scans symbols listed in the Market Watch or all symbols available on the MT4 Terminal.

The indicator produces two categories of alerts, a Forming type alert for pin bars being formed, and a Formed type alert for pin bars completely formed on a closed bar. A dashboard also displays a list of both categories of symbols that meet the criteria specified.

https://www.mql5.com/en/market/product/9116#full_description

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Friday, November 20, 2015

Price Action Prophet Indicator for MetaTrader 4

The Price Action Prophet is a method or system that predicts the direction of the market movement based on some simple paired candle patterns. It tries to pick turning points or reversal tops and bottoms. It is a good speculative tool because it works more than 85% of time causing small losses and bringing big wins.

Sometimes it's difficult to spot such formations that give you a price action movement just on the naked charts. This indicator is developed with arrows to pin-point buy and sell signals with alerts such that you can be confident enough to pull the trigger. After an entry based on alert arrows, you are required to trail or move your stop loss beneath the stars for buy positions or above the stars for sell positions. Thus locking in profits when there's good momentum.

Price Action Prophet

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Monday, November 16, 2015

RealVolume4 Indicator for MetaTrader 4

All traders using VSA realize the importance of the volume. Unfortunately, tick and spot volumes are not suitable for these purposes.
I have conducted mathematical calculations and managed to trnsform the price into the volume that is close to the futures one by its ratios. Now, you do not have to wrestle with the question of where to obtain the volume data. Besides, you will be able to use the currency pairs having no futures at all. With RealVolume, you do not need to remember data on each timeframe and symbol, as all is shown in percentage for an average value.
RealVolume has several advantages over the futures volume. MetaTrader terminal receives currency spot market data, while the futures volume is provided from the futures market. The latter case causes problems of three types.
Technical issue - data delivery and integration. To overcome the issue, traders may use various solutions beginning from the most simple and inconvenient one - launching a separate terminal with futures data, and up to the most advanced one - developing a special indicator. The first case involves additional issues with registering a futures account: demo accounts have lifetime limitations and data delay, while real ones cause bureaucratic procedures with documents and money on a trading account. The second case requires third-party DLLs. This is potentially dangerous and can result in damage to equipment or data theft. In both cases, receiving of the futures data depends on a third-party channel. In case of some server glitches or connection loss, the data cannot be delivered. 
Synchronization is connected to the market peculiarities. Spot market works around the clock and covers the entire world, while futures one has some specific features. A single currency can have various futures in different regions. It can be traded around the clock like in USA or only part of a day like in Russia. Unlike the spot market, futures have clearing procedure (a several minutes of break in trading activity). Futures also have expiration time when they can no longer be traded on the market. Besides, a local market may be closed due to a holiday, while other trading sites and the spot market in the whole may still be active. 
Participants' activity and liquidity. The futures volume is largely dependent on the time of a day, as compared to the spot one. Therefore, quite large movements may take place along with a disproportionately low futures volume at night time.
RealVolume has no such drawbacks, as it is calculated using the "native" MetaTrader data. There is no need to keep 2 terminals open and constantly switch from one to another. You do not have to worry that the futures data provider's server will go down at the most critical moment and you will have to make a decision in force majeure, without major system components. You will not be left without the data in case of a holiday on a futures trading site. You will receive the data on the volume of the symbols having no futures. The product is safe. You do not have to worry that some malware developed to steal trading account data will be downloaded on your PC together with DLL.

RealVolume4

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FxGlow Tight Congestion Indicator for MetaTrader 4

This unique indicator detects congested price action range formations.

Areas are marked with boxes which can be used to trade breakouts, pullbacks and reversals.

Expectations
To achieve more accurate trading, please use this tool in addition or support to the system you are using. This tool will perform better if combined to the right strategy.

FxGlow Tight Congestion

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Auto Fibonachi Levels Indicator for MetaTrader 4

Simply drop the indicator to the chart and Fibonacci levels will be shown automatically!

The indicator is developed for automatic drawing of Fibonacci levels on the chart. The indicator provides the following options:

default settings of displayed levels
setting custom levels
drawing the indicator on timeframes other than the current one (e.g. calculating Fibo levels on W1 and showing them on MN1)
showing the indicator only on specific time frames
You can also specify a number of candles the indicator shall look back for plotting the levels and specify which colors will be used for drawing the indicator.

Auto Fibonachi Levels

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Digitized Candle Length Indicator for MetaTrader 4

This indicator calculates and shows the length(points) of candles/bars between High and Low price, and also between Close and Open.

The upper digit is High/ Low, the lower one is Close/Open.

Digitized Candle Length MT4

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BoxChart Indicator for MetaTrader 4

Recommended for trading using Richard Wyckoff's VSA - Volume Spread Analysis.

The market is unfair if for no other reason than only 10% of participants manage 90% of funds. An ordinary trader has slim changes to stand against these "vultures". However, not everything is as hopeless as it seems at first glance. This problem can be solved. You just need to be among these 10% of kites, learn to predict their intentions and move with them.

Volume is the only preemptive factor which faultlessly work on any timeframe and symbol. First the volume appears/accumulated, and only then the price moves. The price moves from one volume to another. Areas, where volumes are accumulated on the chart, represent firm support/resistance levels.

The BoxChart indicator combines two components - the market profile (horizontal volumes) and standard tick volumes, detects their crossing areas, sorts and highlights these areas with corresponding color, and thus simplifies visual reception of the market situation.

You are able to view the volumes, analyze them and perform your deals based on them. The only unnecessary thing on the chart is the chart itself.

The method of trading using this indicator comes down to trading from one strong area to another. Areas of volume accumulation are regularly tested by the price, providing the best entry opportunity. We will never see what happens inside each accumulation but there are some signs which allow to predict further market movement. If you see that lower extreme points of the chart have "stronger" accumulation areas than the higher extreme points do, buy orders prevail on the market and we can await for an uptrend. And vice versa, if you see that higher extreme points of the chart have "stronger" accumulation areas than the lower extreme points do, sell orders prevail on the market and we can await for a downtrend.

BoxChart MT4

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Saturday, November 14, 2015

Valentina Indicator for MetaTrader 4

A signal indicator.

The indicator is calculated using High and Low prices, so signals appear on chart immediately when the calculated values meet the appropriate conditions for signal emergence.

Once the signal has appeared, it can be redrawn by the High or Low level, but it never disappears from the chart.

Valentina

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Wednesday, November 11, 2015

FxGlow Zone Barrier Indicator for MetaTrader 4

This unique indicator detects overbought and oversold using adaptive support and resistance calculated from market volatility.
Indicator visually shows zones so we can anticipate price before it becomes overbought/oversold

Expectations
To achieve more accurate trading, please use this tool in addition or support to the system you are using. This tool will perform better if combined to the right strategy.

FxGlow Zone Barrier

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Monday, November 9, 2015

Argo Zone Indicator for MetaTrader 4

The main purpose of the indicator development has been the allocation of basic market movement zones. I have allocated three basic and two additional zones. These are the working zone (where 90% of the market movement occurs), two assumed market reversal (BUY and SELL) ones and additional zones of containment during the rollback. Also, placing static and dynamic Fibo levels (extensions), as well as ability to apply indicators with different TF settings are provided. This indicator is not redrawn, as it is generated based on the Murphy's algorithm.

The last (unfinished) wave is highlighted with a different color defined in the settings the same way as the color of all zones. The wave labeling follows 0-А-В-С three-wave structure. However, I cannot guarantee its accuracy, as I have never examined that issue in all details. The main idea here is that "0" is always the lowest or highest one. Thus, we consider only the cases when 0-А wave has already been generated, while В wave is unfinished. This assumes that the first wave is over, the rollback (second wave) is underway and we should wait for the third wave generation (the main wave where the profit is taken). When С wave has finished between А and В points, this may indicate possible rollback (consolidation).

Working zone (FletZon) is the one where the main movement occurs, while entering SELL and BUY zones may indicate the nearest market reversal. In these zones, we are should wait for the confirmation, though it does not mean that we should buy or sell at once.

Containment zones are my interpretation of TJ's Ellipse. Those who are not familiar with it can found the description below:

"A user marks oscillation (peak and bottom). Selected points are used to define the size and strength of the current oscillation. Using these values, Advanced GET lays the future Ellipse course for intercepting prices. During the operation, TJ's Ellipses will continuously move towards the prices. When the prices meet (or come across) the Ellipse, it stops moving and becomes a reliable Support/Resistance level. At this critical moment, it is very important for the Ellipse to hold the prices. If it survives, the previous movement may be resumed."

Unfortunately, I have not managed to make them move, though I have defined the possible borders, while the points (peak and bottom) have been determined by the indicator. They are also displayed together with the current and previous waves. The "borders" of all the zones can be changed in the settings.

The indicator can be used in the strategy tester. To do this, you need a *.csv file from the time frame specified in the indicator settings. The indicator can generate such a file for itself, you just need to let it do that (PeakToCSV = true).

Argo Zone

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FxGlow Retrace Pulse Indicator for MetaTrader 4

This unique indicator detects retracement signals from confirmed price breakout.

A retracement zone is calculated using price action, volatility and overbought/oversold filters.

Expectations
To achieve more accurate trading, please use this tool in addition or support to the system you are using. This tool will perform better if combined to the right strategy...

FxGlow Retrace Pulse

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SFE Price Channel Indicator for MetaTrader 4

The SFE Price Channel indicator detects and draws the channel where the price is moving, and the trend of this channel.

The purpose of the indicator is implementing trading strategies based on operating the key levels of this channel.

SFE Price Channel

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Andrews Pitchfork Indicator for MetaTrader 4

This indicator is designed for automated drawing of Andrews Pitchfork. The Andrews Pitchfork tool is usually drawn according to three main prices of a chart. The method of finding abovementioned prices was developed on the basis of a thorough study and drawing dozens of Andrews Pitchforks. What we offer in this indicator represents a result of our conducted work. This indicator has particular settings and when you change them, the Pitchfork drawing principle stays the same. And changed data will be a signal to draw the next Andrews Pitchfork. At the same time, another important parameter is a distance from resistance/support level. After reaching this level, Pitchfork's lines are considered to be invalid and the indicator will draw a new Andrews Pitchfork.

Traditional employment of Andrews Pitchfork lines - buying on support level and selling on resistance level - will always ensure a good balance of profit and risk.

This indicator can also be used for determining possible future price direction.

Andrews Pitchfork Indicator

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Sunday, November 8, 2015

True Auto Trendline with Alert Indicator for MetaTrader 4

The indicator automatically sets trendlines on the really important points directly on the chart.

Timeframe, color and style of the lines can be adjusted.

Notification of a breakout above or below the line via a smartphone is possible.

True Auto Trendline with Alert

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Supply and Demand Multi Timeframe Indicator for MetaTrader 4

This is a multi timeframe version of the Supply and Demand indicator. It allows to analyze a chart using the law of supply and demand on different timeframes at a time. You will see zones of sales and purchases and determine the most profitable points to open positions. The indicator is based on the principle of market fractality.

Chart zones show places where a strong buyer or seller has made the price reverse and change its direction. The indicator has several types of zones calculation. Color and type of zones displaying are set as desired. The zone width can be displayed in pips. Font and color of the zone can be changed.  You can also enable notifications when price is touching a zone of one timeframe or when price is in both zones at one time.

Supply and Demand Multi Timeframe Indicator

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Saturday, November 7, 2015

FFx MACD Divergences indicator for MetaTrader 4

The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator with its divergences.

But the display isn't like a simple MTF indicator. This is the real display of the indicator on its timeframe.

FFx MACD Divergences

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PZ Lopez Trend indicator for MetaTrader 4

The Pz Lopez Trend indicator displays a colored line surrounded by a price band. The colored line is the mean price of the security, and the price band represents the overbought/oversold levels. If the mean price is blue you should be looking for long trades when the market is not overbought, and if the mean price is red, you should be looking for short trades when the market is not oversold...

PZ Lopez Trend

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CCI Exit indicator for MetaTrader 4

This is a great indicator to find an exit point.

We never know when the market is going to change its trend.

Many indicators give you a good entry point, but not good to use opposite signal as an exit point, because the signal always comes too late.

This indicator will protect your profit as soon as possible when a signal to exit is found!

Don't use this signal to enter, it may not be good for making an entry.

The signal doesn't repaint, wait until a bar closes to make sure it is confirmed.

CCI Exit

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Friday, November 6, 2015

YD Pattern 123 indicator for MetaTrader 4

The indicator is used to find Pattern 123. This pattern is used to determine a trend reversal, can also be used to trade with the trend. To find the pattern used indicator ZigZag. Just "glued" two alleged Take Profit.

If you see a yellow line, then pattern begins to form. You can put a pending order at 2. If began to draw a yellow line, then point 2 has been formed and is not going anywhere. Stop-loss and take-profit levels will be calculated as soon as the price breaks the level of point 2.

In the indicator parameters, you can configure the minimum and maximum distances from points to points that would remove false signals, eliminating too small or strong movement.

YD Pattern 123

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Lineverse Trendlines indicator for MetaTrader 4

Automatic trendlines, with push, email and sound alerts that can be assigned for any subset of the lines system.

The lines appearance (color, thickness, type) reflects price interaction history: rollback, breakthrough, rollback after a breakthrough, number of rollbacks, expiration by double breakout.

The alerts inform a user about those events.

A user can edit the lines (correct, drag or delete).

The parameters of the lines system can be interactively tuned without disabling the indicator.

Lineverse Trendlines

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Wednesday, November 4, 2015

MA TREND SG indicator for MetaTrader 4

White and blue dots indicate locations of trend reversals:
  • If the point is white - Buy trend.
  • If the point is blue - Sell trend.
Moving average has a special algorithm.

Works on all instruments and charts

After a point, the indicator draws blue and white arrows, as potential entries into the market

The parameter P = 4 - a period moving average.
  • Timeframes for H4 and D1 the value of P can be less than 4,
  • Timeframes for M30, M15, M5, M1 P value can be greater than 4.
Parameter PriceConstants - a method of calculating the price in the indicator.

MA TREND SG

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Advanced Price Movement Predictor Pro Edition indicator for MetaTrader 4

It predicts the most likely short-term price movement based on advanced mathematical calculations.

Features
  • Estimation of immediate price movement;
  • Calculation of the real market trend;
  • Calculation of the most important support and resistance levels;
  • Algorithms optimized for making complex mathematical calculations with a minimal drain of system resources;
  • Self-adjusting for better performance, so it’s able to work properly at any symbol (no matter how exotic it is) and any timeframe;
  • Compatible with any MetaTrader platform, regardless of the number of digits or other parameters;
  • Compatible with any other tool (indicator, EA or script) without slowing down the terminal performance and the trading operations.
Advanced Price Movement Predictor Pro Edition MT4

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Tuesday, November 3, 2015

Trend Hunter indicator for MetaTrader 4

Trend Hunter is a trend following Forex indicator. The indicator follows the trend steadily without changing the signal in case of inconsiderable trend line breakouts. The indicator never redraws. An entry signal appears after a bar is closed.

Trend Hunter is a fair indicator. The chart displays the current potential or real profit (if you have followed the indicator signal) considering the spread. Besides, the indicator provides additional entry signals at the most favorable prices after a trend line breakthrough.

Trend Hunter

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Monday, November 2, 2015

MA Channel SK indicator for MetaTrader 4

Features


  • MA_Channel_SK defines reasonable market entry/exit points
  • Forecasts the possible future price movement
  • Creates equidistant channels that become dynamic support and resistance levels
  • Greatly facilitates the visual analysis of the market

The indicator is based on standard Moving Average.

Differences from МА:

  • The ability to adjust the levels for different timeframes. If you set the levels for M5 and then switch to D1 when working with a standard MA, all levels will "stick" to the moving average. This is not the case with MA_Channel_SK.
  • The moving average chart does not end with the last bar. MA_Channel_SK draws the channels 12 bars ahead to the future.
  • Ability to change the channel generation method (10 options).

MA Channel SK

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