Archive for the “New methods indicators” Category

The indicator show different market session time periods in a nice way on separate window with a lines of different colors. Also display UTC and current time

For correct work you need to specify broker time zone (+2 by default).

Input parameters are colors and time zones to specify anyone if some will change.

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Indicator displays the Market Profile charts for the daily trading sessions painting different time sessions in gradient colors. Draw value area and point of control (median).

Traders tend to return to those areas if the volume of the breakout movement isn’t too high. High-volume breakout out of these areas signifies a real breakout.

 

Should be attached to M5, M15 or M30 timeframes. M30 is recommended.

Designed for standard currency pairs. May work incorrectly with very exotic pairs, CFDs or commodities.
Be careful: it will delete all rectangle objects on the chart upon deinitialization.

Indicator parameters:

StartFromDate – specify a date from when it should draw market profile histograms

StartFromToday (true/false) – if set to true the start day is ‘today’. Set to false if you want to use with StartFromDate value

DaysToCount – how many days back to process

ColorScheme (0,1,2) – different color schemes for gradients

MedianColor, ValueAreaColor – colors for median and value area

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Here is the indicator that show real forex volume in mt4 (futures for currency pairs), crude oil, gold and silver and Open Interest for them – the eVOLution-dvoid (Daily Volume and Open Interest Data).

The indicator works with external data that should be downloaded manually from trading-evolution.com website flesh applet.

Supported products:

EURUSD
GBPUSD
USDJPY
AUDUSD
USDCHF
USDCAD
NZDUSD
EURJPY
S&P500
DowJones
Nasdaq
Gold
Silver
CrudeOil
Wheat
Corn
Soybeans

Indicator parameters:

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Bulls vs Bears indicator is usefull to trade trends, it show the strenght of bulls comparing to strenght of bears in nice crossing levels.

 

The desired trade should be opened on line cross point. When lines are moving one to another slowly this means trend is going to stop and could be reversed, or flat is close.

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Indicator draw market-profile style histogramdata for a selected period, after you set two vertical lines. All you have to do is add indicator to the chart and add two vertical lines.

 

Indicator parameters:

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Universal pivot-level indicator that show few pivots on choosen period. Usually pivots work in all liquid markets, which exhibit stable price ranges. The levels work very well in the futures markets and the Forex market as well.

 

In the trend price tends to go from the Pivot-level to 1 or 2 of the first support or resistance levels. Scope of the 2nd support / resistance is a frequent speaker for the motion.

In the areas of prices often go to the first support to resistance and Pivot with acts like the axis of rotation rates.

 

Input parameters:

period (default 14400 – 1 day) , valuable records: Read the rest of this entry »

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Indicator calculates asymmetry with some complex formulas, based on RSI indicator values. Asymmetry high value mean new trand is begining, while low values mean flat trand.

 

Indicator input parameters:

AsPeriod (default 30) – Asymmetry period, on what it is caunted

 

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