RSI vs BB - indicator for MetaTrader 4

RSI vs BB - indicator for MetaTrader 4

This is the semaphore indicator with arrows based on BB and RSI. So very often, leaving the Bollinger Bands canal the price slows down and after that it returns into the canal. If the RSI line crosses the signal level of overbought or oversold, also the price slows down and often reverses the direction immediately. Using these two conditions, we have the signals of a supposed price reversal.  It is able to track a canal breakout from within
RSI Slowdown - indicator for MetaTrader 4

RSI Slowdown - indicator for MetaTrader 4

The indicator is based on the idea that before the price and the indicator itself turn, the indicator rate slows down first and only then turns. As such, the areas are searched where the price begins to stagnate in the overbought or oversold zone of the fast RSI indicator. The indicator can mark these zones with both arrows and stripes on the chart (selected in the settings). It is also possible to disable the search for RSI decelerations in the
RSISignal - indicator for MetaTrader 4

RSISignal - indicator for MetaTrader 4

Changes in version 6.0: Added second overbought/oversold level. Added new signal type: RSI2 crosses RSI1 (fast RSI crossed slow RSI). Histogram types were changed to: Histograms of RSI1 or histograms of MA1. Second MA (MA2) can be changed to: MA or RSI1 or MA of MA1. Features Displays 3 RSI lines of different periods and the MA of the first RSI line (smoothed RSI). Displays the MA of the smoothed RSI. The crosses of smoothed RSI and its MA can
Hourly Pivot Points with Color Filling - indicator for MetaTrader 4

Hourly Pivot Points with Color Filling - indicator for MetaTrader 4

5/4/2018 update: Fixed an error in calculating S/R points by Fibo. Fixed a bug in drawing objects. This indicator uses two ways to calculate R1/R2/R3/S1/S2/S3: normal formula and Fibonacci, and users can choose one from them. Main parameters PivotMode: Normal: use normal formula to calculate S and R. Fibonacci: use Fibonacci to calculate S and R. . CurrentHourOnly: only calculate lastet hourly PP if true.
Tipu CCI - indicator for MetaTrader 4

Tipu CCI - indicator for MetaTrader 4

I have modified the original code for Tipu CCI published in the Market by removing the compatibility with Tipu Panel. This version of Tipu CCI is for learning purposes and is open for anyone who is interested in developing an Expert Advisor using this indicator. Here is an example of how to use Tipu CCI in an Expert Advisor. //---signal int iSignal = iCustom(_Symbol,_Period,"Tipu
Automatic Fibonacci Lines MrVB - indicator for MetaTrader 4

Automatic Fibonacci Lines MrVB - indicator for MetaTrader 4

AutoFibLinesMrVB indicator draws automatically Fibonacci levels on the chart. Includes Fibonacci channel. The lines have percentage value and price. Available Fibonacci levels: 0.0%, 14.6%, 23.6%, 38.2%, 50.0%, 61.8%, 76.4%, 100.0%, 123.6%, 138.2%, 150.0%, 161.8%. You can set the lines color from the parameters. You can set the searchBars parameter - number of bars from which to get the lowest and highest points to start.
Tap4Fibs - indicator for MetaTrader 4

Tap4Fibs - indicator for MetaTrader 4

Creates Fibonacci levels based on the ZigZag indicator. Tap the "X" or "Z" key to scroll through each swing in the ZigZag, to the right or to the left. It can measure multiple Fibs very quickly. Scroll with "X" to the right until the Fib is off-screen to hide it from the chart. Tap "Z" to bring it back. Once on the chart, the Fib can be selected and dragged, or extended to anywhere on the chart. It will remain until a scroll key is pressed or a
Relative Strength Levy - indicator for MetaTrader 4

Relative Strength Levy - indicator for MetaTrader 4

Description: The concept of Relative Strength to Levy is based on the assumption that, securities which exhibited a large relative strength in the past will also develop relatively strongly in future, and conversely. It is compare on the performance of the past with the performance of last observation period. Calculation: Arithmetic mean of the candle closing price over the observation period. The result is plotted around the 1.0 mark.  C
S4T_DaysOfTheWeek - indicator for MetaTrader 4

S4T_DaysOfTheWeek - indicator for MetaTrader 4

The indicator marks the days of the week with a colored histogram in the chart sub-window.



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(Reuters) - European shares tracked Asian markets lower on Thursday, as sentiment was cooled by U.S. Federal Reserve minutes that showed policymakers viewed last month's cut in interest rates as a recalibration not the start of sustained monetary easing. All eyes were on Purchasing Managers' Indexes (PMIs) for the manufacturing and service sectors in France, Germany and the Euro Zone due to be released between 0715 GMT and 0800 GMT. ..
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