The Identify Trend indicator, usingfairly simple but robust filtering methods (based on the moving median), allowsdetermined (1) the beginning of a true trend movement very precisely and, mostimportantly, with a small delay, and (2) identifying the flat. Such anindicator can be used for trading scalper strategies as well as using long-termtrading strategies. The trend is best identified when "The averagingperiod" is 3 bars, the flat - with a period of 13 bars. Indica
Tipu MACD Oscillator is the modified version of the original MACD Oscillator published by MetaQuotes here. Features Choose two types of signals (Zero Line Cross, and Main Signal Cross). Choose the type of plot (Histogram, Lines, or Both Lines and Histogram). Customizable Buy/Sell alerts, push alerts, email alerts, and visual on-screen alerts.Add Tipu Panel (found here) and unlock the following additional features: An easy to use Panel that shows the trend + signal of the selecte
Every good forex system has the following basic components: Ability to recognize the trend direction. Ability to identify the strength of the trend and answer the basic question Is the market trending or is it in a range? Ability to identify safe entry points that will give a perfect risk to reward (RR) ratio on every position.How Advanced Currency Meter Helps you Achieve These Components Advanced Currency Meter is a tool that measures the strength between individual currencies in
This product is a line touch indicator - works with trend and horizontal lines. The tool is a good assistant for the traders use various levels in trading. When price approaches a level, the indicator produces a sound alert and (or) notifies in a pop-up message, or via push notifications. It supports horizontal and diagonal lines that are commonly used by traders. The notification includes a symbol name, timeframe, line name and the current price at the moment of touching. You just need to mov
The indicator plots a trend channel using the technique by Gilbert Raff. Indicators Trend Channels is open source developed by SemkoNV member. I've done fixing errors in indicators, to fix latency. My other products: https://www.mql5.com/en/users/hoangvudb/seller The channel axis is a first-order regression. The upper and lower lines show the maximum distance the Close line had moved away from the axis line. Therefore, the upper and lower lines can be considered as resistance and support line
A trend indicator based on the Hull Moving Average (HMA) with two periods. The Hull Moving Average is an improved variant of the moving average, which shows the moment of trend reversal quite accurately. It is often used as a signal filter. Combination of two types of Hull Moving Averages makes a better use of these advantages: HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. Features The mov
This information indicator allows you to always be aware of the current account status. The indicator shows various data, including profit in points, percentage and currency, as well as a current symbol spread and time before a bar is closed on the current timeframe. You can select one of the different info line location types: To the right of the price (always following it); As a comment (in the upper left corner of the chart); In a selected screen corner.You can also select a data separ
Draws Daily, Weekly and Monthly pivots and the respective supports and resistances levels (S1, S2, S3, R1, R2, R3). Ideal for placing stop losses and/or use as a break-out strategy. Set R1, R2, R3 and S1, S2, S3 to true to show pivots supports and resistances levels. About us Analytical Trader team is composed by a VSA trader who trades in forex, stocks and commodities since 2008 with success. He's also a graduate in Physics currently taking a Msc. in Financial Mathematics; ample experience c
MACD indicator in MetaTrader 4/5 looks different than MACD does in most other charting software. That is because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA, while according to MACD definition it is supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal lines). This
Please, check my other products in MQL5 Market: Forex Combo System 4 in 1 Smart Scalper PRO GOLD Scalper PRO BF Scalper PRO Grid Master PRO The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the c
The indicator displays the probable support and resistance levels. The indicator settings: Trends - the mode for displaying trend lines or horizontal lines of support and resistance Yes - display trend lines only No - display horizontal lines only UseResource - use the resources built into the indicator. Yes - use the ZigZag indicator from the resources of the product. No - use a custom ZigZag indicator. HistoryBar - the number of bars in history for displaying the levels
Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version (it detect only Gartley and Nenstar Patterns) to try this product. You can buy the full version from: https://www.mql5.com/en/market/product/15212 Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart
The indicator defines the Bullish and Bearish Engulfing Bar.They are reversal Price Action signals. This means that engulfing bars can beused to capture potential reversals in the market. Engulfing Bars can be playedwith or against the trend. For an engulfing bar to be valid it must fully engulfat least one previous bar or candle. This includes all the body and the wick.The engulfing bar can engulf more than one bar as long as it completely engulfsthe previous bar. Inputs AlertOn - enable ale
Tipu RSI Features 28 symbols, multi-time frame powerful Dashboard for the full market view Customizable Buy/Sell alerts, push alerts, email alerts, and visual on-screen alerts. Marked overbought and oversold levels. Three colors RSI that marks the normal, oversold and overbought levels.The relative strength index (RSI) is an oscillator devised by J. Welles Wilder in his famous book New Concepts in Technical Trading Systems in 1978.1 He also introduced Parabolic SAR (see Tipu Parabo
The Free Pin Bar MT4 indicator identifies Pin Bars It will even give you sound or email alerts if want them. If you download it and like it please leave a review! It would be wonderful Pin Bars are purely based on price action as reflected by the candle formations created by Forex price movements. input Parameters are maximum allowed body/length ratio for the Nose bar.Nose body should be position in top (bottom for bearish pattern) part of the Nose bar. tells the indicator that the Left E
Hull Moving Average with dynamic color change and notifications. You will be able to chenge HMA period and set type of notifications You would like to get once trend has reveresed. Works on any currancy pair and any timeframe. The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time.
The Trade by levels indicator is designed to automatically determine the formation of a model for entering the market on the chart of the selected instrument. Definitions: ? BFl is the bar that formed the level. ? BCL1 and BCL2 bars, confirming the level. The graphical model: ? levels highlow the bars BFL and BCL1 must match the accuracy to the point ? there can be any number of bars between BFL and BCL1. ? between BCL1 and BCL2 intermediate bar
This is an implementation of the well known SuperTrend Indicator. With this indicator you can see exactly the same values which will be alerted by the following SuperTrend Scanners: SuperTrend Scanner SuperTrend Scanner FREE Parameters SuperTrendATRPeriod: the period setting for the calculation of the SuperTrend SuperTrendMultiplier: the multiplier setting for the calculation of the SuperTrend
Info Plus is a simple tool that displays the current status on an asset class. The information displayed by Info Plus includes: Bid Price The high and low of the day. Candle time left. Current spread. Selected timeframe. Asset class selected (Symbol). Pip value. Open Positions. Total pips booked. Pips per trade. Session times (they may not be accurate and are subject to changes). Date and time. How it Works When loaded onto any chart, Info Plus automatica
MA Crossover Arrows is a simple indicator that draws arrows and alerts when two moving averages crossover. Supported types of moving averages Simple Exponential Smoothed Linear Weighted Supported Price types Close Open High Low Median Price (HL/2) Typical (HLC/3) Weighted Close (HLCC/4)When the fast moving average crosses above the slow moving average, a green up arrow will appear on the chart. When the fast moving average crosses below the slow moving aver
his is a custom indicator based on double-average crossing and arrow marking. Make multiple lists when blue arrows appear up. Make a blank list when the red arrow appears down. When the pink line crosses the green line upwards, the pink line is above, the green line is below, the golden fork appears, and the blue arrow appears. When the pink line crosses down through the green line, the pink line is below, the green line is above, a dead fork appears, and a red arrow appears. This is a good
The indicator plots a trend channel using the technique by Gilbert Raff. The channel axis is a first-order regression. The upper and lower lines show the maximum distance the Close line had moved away from the axis line. Therefore, the upper and lower lines can be considered as resistance and support lines, respectively. As a rule, most movements of the price occur within a channel, going beyond the support or resistance line only for a short time. If the price remains outside the channel long
This is a lite version of the Beast Super Signal indicator and will work on EURUSD only! To get the full version click HERE! Get the MT5 version HERE! The Beast Super Signal Lite is a simple, and easy to use trend based indicator. It will continuously monitor the current price action looking for new trends establishing or strong reversals building at extreme overbought, and oversold levels and trends that have reached strong exhaustion levels. The Beast Super Signal Lite
The indicator automatically identifies the 1-2-3 pattern on the chart. The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn. The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument. Simple and clear
The Sextet is an MT4 indicator that displays 6 levels of Moving Averages, where the second is the moving average of the first, the third of the second, and so on. It gives a signal when all the moving average levels align in order. Get a Free Sextet EA, and read discussions about using The Sextet Indicator on Forex Factory: The Sextet EA @ Forex Factory Check out the The Sextet Scalper Pro for a more elaborate scalping strategy also with Free EA. Key Features: Is a Movin
This indicator shows the time before the new bar or candle opens. Information* in the left top corner of the chart shows minutes and seconds left before the next bar opens. The chart will also show the time passed** after the last bar or candle was open. *Example: 1 minute 22 seconds left to bar end **Example: <1.22
This version of MaxiFinishTrend 2 gives you a free indicator service [link], but without giving trading signals. The unique author TrendLine is drawn (and customizable), but without paint in BUY and SELL colors and without show Arrows. Who understands the market movement by my fast stochastics (see [ CodeBase]), it can trade very effectively using the free version. If you have no desire to sit near a computer, understand all and think a lot, buy MaxiFinishTrend 2. He will "think" for you and s
Strong Support & Resistance Zones Indicator Features For Forex trading only. Can be used on any currency pairs. Not tested on Gold, Silver, and binary options . Best timeframe is H1 This is an efficient tool for both novice and experienced traders. Signal The indicators gives the following 2 specific zones... High Zone - the green rectangle in the chart. If the candlestick closes inside the green rectangle, the price may bounce back and forth inside it until it breaks the re
Color Levels is a convenient tool for traders using a Trendline and a Rectangle in their technical analysis. It allows setting two empty rectangles, three filled ones, and two tredlines. The indicator parameters are very simple and divided into numbered blocks: The ones beginning with 1 and 2 - empty rectangle (frame) parameters; 3, 4, and 5 - filled rectangle parameters; 6 and 7 - trendline parameters.Simply click a desired object and it will appear in the upper left corner. Main Adjusta
As per name Easily Identify, This Indicator is a affordable trading tool because with the help of Popular Developers & Support of M Q L Platform I have programmed this strategy. I tried to input 4 types and 3 periods of Calculation regarding Support Resistance, Furthermore, I have also care about Trend lines that Trader can easily get in touch with market in another way also. What is in for Trader? Trading Modes: This selection is for activate whole strategy "Easily Identify"Support_Resistance
Support and Resistance is a very important reference for trading. This indicator provides customized support and resistance levels, automatic draw line and play music functions. In addition to the custom RS, the default RS includes Pivot Point, Fibonacci, integer Price, MA, Bollinger Bands. Pivot Point is a resistance and support system. It has been widely used at froex,stocks, futures, treasury bonds and indexes. It is an effective support resistance analysis system.
This is a multi-timeframe version of the popular Hull Moving Average (HMA). The Double HMA MTF Light indicator combines two timeframes on a single chart. The HMA of the higher timeframe defines the trend, and the HMA of the current timeframe defines short-term price movements. The indicator is freely distributed and hasn't audio signals or messages. Its main function is the visualization of price movements. If you need advanced functionality of the HMA multi-timeframe indicator (information a
Tipu Heikin-Ashi Panel is the modified version of the original Heiken Ashi indicator published by MetaQuotes here. A professional version of this indicator is available here. Features An easy to use Panel that shows the Heiken Ashi trend of selected timeframe. Customizable Buy/Sell alerts, push alerts, email alerts, or visual on-screen alerts. Customizable Panel. The panel can be moved to any place on the chart or minimized to allow more space.Heikin means "the average", and Ash
Trading Volume indicator shows the volume of Buying and Selling Trades on the Current Bar Or on average of specific number of last bars as you want . Both volumes are shown simultaneously with green and red colors for Buying and Selling Trading Volumes respectively. And a Percentage ratio of both Volumes appears too in same colors. And Buying and Selling Volumes Expressed By Bulls & Bears . Notice : This indicator Works on any timeframe and any Pair of Currencies Calculation Methods: There ar
Free Scalping is a comprehensive manual system developed for the most efficient trading at any market conditions and time scale. The system is based on two main blocks: 1. The block of trend determination that calculates dynamic support and resistance. The function of auto-optimization is available for this block. 2. The block of price deviation from its median based on the big set of regressions to get the statistically-valid result. Entry rules For buys: 1. The trend goes up 2. The p
TrendLineFr is a modification of the TrendLineD indicator. It draws trendlines by extreme points determined using the standard Fractals indicator. Unlike TrendLineD, this indicator draws two lines: support and resistance. It can display a trendline of a higher timeframe (set in the TimeFrame parameter). The line color and width are set in input parameters. The indicator can also generate an Alert and send an e-mail (parameters EnableAlert, EnableEmail, EnableSound) when a price bar crosses the t
Adjustable Fractal MT4 is a modification of Bill Williams' Fractals indicator. The fractal consists of a two sets of arrows - up (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions: Upper fractal - maximum (high) of a signal bar exceeds or is equal to maximums of all bars from the range to the left and to the right; Lower fractal - minimum (low) of a signal bar is less or equal to minimums of all bars from the range to the left and to the right.Un
Advanced Stochastic Scalper Free is a professional indicator based on the popular Stochastic Oscillator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper Free to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely manner an
FOLLOW THE LINE GET THE FULL VERSION HERE: https://www.mql5.com/en/market/product/36024 This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators f
For Multi Time Frame version, please click here. BASE TRADING SYSTEM is a useful tool to trade with simple strategy. It draws automatically base up for long trade and base down for short trade. Clear trade when base is going opposite direction. User can trade by instant market entry or by pending order entry. It depends on user best strategy. input: Base Box Color- UP base box , DOWN base box, UP base shadow, Down base shadow.
The indicator draws a daily candle on charts having timeframes less than D1. It also shows the sizes of upper and lower shadows, body and the entire candle in points. The product is fast, works in real time, optimized for quotes having 4 and 5 decimal places and can be used in the strategy tester. Indicator parameters: Show_Day - number of days displayed in blocks. Shift - shift from the chart's edge in bars. language - used language.
This indicator is based on the classic Pivot Points concept combined with additional optimizations and advanced features. The levels of support and resistance are calculated by taking into account the average historical volatility. The added multi-symbol scanner allows you to detect the best conditions and trade setups. You can see in real time the current situation for all of your favorite symbols and you can switch the chart to any symbol with one click. The buil
M1Arrows is a MT4 trend arrows Indicator * Smart Scalper Setup (M1) :: Signal 5 Main 20 + Signal 20 Main 80 + Fibonacci ZigArcs 20 (Screenshot1) Add the indicator with first setting, then add it again to the same graph with other settings. You can add as many as you want, but 2 M1Arrows in just one graph is enought Never open orders againt the slow setting trend Do not open more than 3 orders per slow setting trend It will work better in Europe/USA markets, * M15 Day Trade Setup: Signa
Blahtech Candle Timer displays the remaining time before the current bar closes and a new bar forms. It can be used for time management Feature Highlights Configurable textCustomisable alerts and messagesOptimised to reduce CPU usage Input Parameters TextColour - Colour for timer textText Font- Font for timer textText Size- Font size of timer textTextShift Bars -Number of Bars to move the text rightTextShift Price - Move the text up by a specified amountTextAnchor - Change the anchor point
The INFINITY TrendLine indicator is based on an analysis of the average range of bulls and bears. It shows the trend change, entry point and recommended TakeProfit and StopLoss levels. The moving panel displays a type of signal (red mean SELL/ blue mean BUY) price of enter point, the SuccessRate index, Win / Loss and the total result of 1000 bars trades. Extended functions and integrated Scanner PRO panel are available in the full version of the INFINITY TrendLine PRO indicator. Also you can u
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: ?) MACD crosses the 0 level (classic signal); ?) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound
Chart Projection started as a simple small indicator that used zigzag to project 2 levels the price was probably going to reach. With the update a new algorithm has been introduced which does not rely on the ZigZag, thus avoiding repaints and providing solid calculation data in order to get to the price forecast. Operation *Whenever "POI" is mentioned, it refers to a Chart High or Chart Low price level. Imagine a POI (Point of Interest) being the price at which 2 ZigZag Lines connect. *Whene
Breakout Box uses the opening range, e.g. London, 8am - 9am Expectation of a volatile movement above or under the opening range We take the high of the range as Entry for a long trade and SL will be the low of the range and vise versa the low of the range as Entry for a short trade and the high for SL The size of the range is the distance to the TP (Take Profit) The range of the opening hours should not be larger than about 1/3 of the average daily range Use my info tool to watch the cur
Overview This is a very simple indicator and easy to use for everyone. However, it's very visual, useful and effective. It is suitable for every Forex symbol and any timeframe. But from my testing and investigation, I do not recommend to use it with timeframes M1 and M5. For the first time you use this indicator, please use Line Chart. How it works? Uptrend--When color of the bar is Green. Downtrend--When color of the bar is Orange. A reversal happens if color of the bar changed. Rec
This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/26371 The free version works only on EURUSD and GBPUSD! Please read also the blog post "Professional Trading With Double Tops/Bottoms And Divergences!" which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. The provided vi
The Entry Point Dashboard Free technical indicator provides Buy/ Sell signals for any Currency Pair by analyzing 5 Moving Averages, CCI, RSI, Stochastic, Bill Williams and Volume indicators using 3 different time frames. It gives basic resources customization facility to traders. The Indicator show all signals on the dashboard. Indicator main signal shows few levels. Wait, Buy, Strongly Buy, Sell and Strongly Sell. How it works? As an example: M1=Sell + M5=Sell + M15=Sell then main signal is
The Channel Builder (CB) or Ivanov Bandsindicator is a broad generalization of the Bollinger Bands indicator.First, in CB, the mean line <X> is calculated using various averagingalgorithms. Secondly, the mean deviations calculated by Kolmogorov averagingare plotted on both sides of the middle line <X>. The middle line <X>, besidesthe standard SMA, EMA, SMMA and LWMA averaging algorithms, can be Median = (Max+ Min) / 2 sliding median (which is the default). In additi
INFOPad is an information panel that creates information on the selected currency pair in the MetaTrader 4 terminal. There are 5 functions of this indicator: Shows the main and main information on the selected symbol: Ask BID, Spread, Stop Level, Swap, Tick value, Commission prices;Shows the future targets of SL target and TP Target (The number of points of the established stop loss and take profit, the dollar amount);It shows the profit received for the periods: Today, Week, Month, Year, Tota
This indicator is useful in all time frames, and can also be combined with your trading strategy and other trading tools, it gives high probability trend, it can be combined with moving averages, RSI, and Stochastic oscillators to filter signals. The recommended stop loss is the last support or resistance level, but if you do not know how to trade with those you can decide a fixed number of pips for your stop loss on each trade, the take profit level depends on you.
The indicator trades during horizontal channel breakthroughs. It searches for prices exceeding extreme points and defines targets using Fibo levels. The indicator allows you to create a horizontal channel between the necessary extreme points in visual mode quickly and easily. It automatically applies Fibo levels to these extreme points (if the appropriate option is enabled in the settings). Besides, when one of the extreme points and/or Fibo levels (50%) is exceeded, the indicator activates a s
The Awesome Oscillator (AO) is an indicator used to measure market momentum. AO calculates the difference between a 34 Period and 5 Period Simple Moving Average. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. This indicator has email and pushup "mobile" features Alert, for any suggestions, please don't hesitate, thanks
VR Donchian - a classic indicator of the Donchian channel built on the tops of local maxima and minima, developed by Richard Donchian, is a variation of the rule of breakdown of the trading interval This indicator is considered one of the most effective tools for determining a trend or a flat, as well as a general current trend in the market. The indicator works according to the main classic rules for determining the trend. Trend determination rule: If the new local maximum is higher than th
Meta Trader 4 indicator - newly enhanced tool - HMA MultiTimeFrame. With this powerful indicator, You will be able to easily recognize the trend of chosen financial instrument. Indicators formula lets traders apply HMA from a higher timeframe to chart's current timeframe. For example, if You are on the 30M chart but want to apply HMA from the 4H chart - just choose the 4H timeframe in settings of indicator and job done. This Meta Trader 4 tool comes with a GUI panel. With Pro version of this
Simple trend indicator, which helps to recognize thecurrent trend on M30, H1 charts and above. Good for scalpingstrategy on M5, M15 charts. Red line - SHORT trend, Blue line - LONG trend.
28 symbols, multi-time frame powerful Dashboard for the full market view Customizable Buy/Sell alerts, push alerts, email alerts, and visual on-screen alerts. Marked buy/sell signals Two color trend histogram.The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. CCI measures current price level relative to an average price level over a given period of time. CCI is high when prices are above the average price, and low when the prices are
Trend Reverting provides arrows based on professional trading strategies and simplifies the analysis when you enter the market. The indicator algorithm generates arrows both in the beginning and in the continuation of the trend. Test the demo version and see how the indicator works. This FREE version of the indicator works only on GBPJPY M5. The full version of the indicator you can buy here: Trend Reverting BENEFITS OF USING TREND REVERTING
The indicator shows the current candle status of each timeframe on a single chart - either it is Bullish (BUY) or Bearish (SELL). It uses the difference between the Open price and the current price of the current candle of each timeframe. Works on any chart. Works on any period and needs just one candle. Does not provide entry signals, it just displays the indicative information for your consideration.This is a very simple but also very useful indicator. In combination with other tools, it
This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by W.D. Gann depending on square of nine and square of 144 methods. Indicator has a panel, which allows you to Move between SQ9 and SQ144. Choose perfect style to trade on (Levels, Channel, Star, GannFan, Circles, and Grid for SQ9). Choose Angle /Time/Space (Square Of 9 Basics). View Higher Time Frames Analyzes On Current chart By Using Frame method. You can ext
Pin bars are a type of single candlestick patterns. Pin bar pattern is characterized by a long upper or lower wick with a small body relative to the size of the wick with little to no lower or upper shadows. Pin bars are not to be traded in isolation, but need to be considered within the larger context of the chart analysis. Other candlestick patterns that also qualify as a pin bar are hammer and inverted hammer and hanging man type of candlestick patterns. Inputs AlertOn - enable alertsEma
PipTick Volume indicator is a great tool for measuring tick volume activity. It quickly and easily helps traders to evaluate the current size of volume. The indicator for the classification of the volume size uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra low, low, average, high, very high or ultra high. This indicator can calculate moving average by four methods: SMA - Simple Moving Average S