Forex Meta Trader Indicators Catalogue

Bulls vs Bears trend detection indicator

Forex-Expert — Thu, 05 Apr 2012 19:38:58 +0000

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.

Indicator parameters:

BBPeriod – the period on which calculation is done.

Download Bulls-vs-Bears mt4 indicator

Price Stat, market profile data per timeframe

Forex-Expert — Sat, 05 Nov 2011 14:29:28 +0000

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:

gTF = 1 , necessary timeframe. 0 – current timeframe

Discret=1 , a value for price step

Width=30 , histogram width in bars

Present=true , show or not central histogram (between two vertical lines)

Future=1 , scale value for future histogram (from left vertical line)

Past=1 , scale value for past histogram (from right vertical line)

Download PriceStat indicator

Universal pivot

Forex-Expert — Sun, 30 Oct 2011 18:15:07 +0000

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:

1 = 1 minute
5 = 5 minute
15 = 15 minute
30 = 30 minute
60 = 1 hour
240 = 4 hour
1440 = 1 day
10080 = 1 weekly
43200 = 1 mounth

All colors

Download Universal_Pivot indicator

Asymmetry, trend detection indicator

Forex-Expert — Sun, 30 Oct 2011 17:53:46 +0000

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

Download Asymmetry indicator

Commodity Channel Index (CCI) with Noise Reduction

Forex-Expert — Sun, 23 Oct 2011 15:14:15 +0000

This is standard Commodity Channel Index (CCI) indicator, however with implemented Noise Reduction mechanism, so it give much less negative sygnals to trade.

Indicator input parameters:

CCIperiod – indicator period
Price (defauld = 4) – price type, allowed numbers:

0 – Price Close value
1 – Price Open
2 – Price High
3 – Pice Low
4 – Price median value (high+low)/2
5 – Price typical value (high+low+close)/3
6 – Price Weighted value (high+low+close+close)/4

Sens – allowed calculating error

Download iCCI.NR Indicator

VS Channel Trend indicator

Forex-Expert — Sat, 22 Oct 2011 18:05:15 +0000

This indicator automatically draw support and resistance lines with channels, and some additional channel lines. To have indicator draw channels in history you may just move last vertical line (named StartTL). In the top right corner indicator show number of lines for support and resistance.

Inpot parameters:

FirstBar – start candle, where StartTL will be placed

DeltaBar – minumum number of candles for support/resistance lines

InsLine (true/false) – build or now additional internal line of support/resistance

Download VS_ChanelTrend_V1.0 indicator

One Day Fibo

Forex-Expert — Fri, 21 Oct 2011 06:43:07 +0000

The indicator is based on Tom Strignano idea about building FIBO channels from previous day candle, the start point here is day close price. Fibo levels are built both sides, up and down.

Input parameters are just colors.

Download 1DayFibo Indicator