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(Share) Advance Decline Ratio (ADR) MT4

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Trading with ADR involves the following signals:

ADR rising and so does the price — healthy trend.
ADR falling and so does the price — healthy trend.
ADR reading diverge from the price — trend may change
ADR crossing above 1.00 level — an uptrend has been established.
ADR crossing below 1.00 level — a downtrend has been established.

The further ADR moves from 1.00 level the more mature current trend is.

What is Advance Decline Ratio in Forex

Advance Decline Ratio in Forex determines a momentum in the market by comparing advancing moments to declining ones.
A/D Ratio was brought from stock trading, where traders were calculating the difference between stocks listed on the New York Stock Exchange that advanced in price minus those that declined.

ADR indicator Formula
The Formula for Advance Decline Ratio is:

Advance/Decline Ratio = Number of advancing moments / Number of declining moments
If ADR is less than 1 it means that there is more declining moments than advancing. If ADR is higher than 1 – advancing moments prevail.

Advancing moments - the number of bars that closed above their opening price.
Declining moments - the number of bars that closed below their opening price.

How to use Advance Decline Ratio indicator

ADR indicator is used widely as a overbought / oversold indicator where extremely high reading suggest the market being overbought while extremely low readings suggest an oversold market. However, the market can remain in overbought/-sold condition for an extensive period of time, therefore an additional confirmation signal from other tools is needed to confirm a move.
Similar to all other momentum indicators the cross of 1.00 level on ADR indicator is an important signal of an established trend while the distance from this 1.00 level describes maturity of the trend.
ADR chart example
On a Forex chart Advance Decline Ratio (ADR) indicator looks more like Advance Decline Line (ADL), but in contrast to ADL, ADR cannot be negative
111111111111.png
How does ADR works on practice
Let’s take a down trending market. By looking at ADR traders can measure a strength and health of a current down trend. If ADR is low and decreasing during the sell off it indicates a good health of the downtrend. If, however, ADR moves higher while the trend continues down it suggest a deteriorating strength of a trend, in other words with each downside progress fewer participants take part in driving prices down. Eventually the market is going to change the direction and move higher following ADR indicator
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(Share) first full VSA system for MT4!!!

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Im coding this a few time now, and it is finaly finished!
This is a try to conver tradeguider to MT4.... I also recoded VPA.afl
code to MT4! This is definitely my best code ever, and it kicks ass.
I posted this on MQL4 site, and I was banned after 15 minutes.....
I wonder why...lol....
Also take a note that this is a first full VSA system for MT4!!!
2016-05-28_133818.jpg it.s my mt4

vsa info.jpg

FINAL SCREEN.jpg


VSA© Better&TickSeparatVolumeH istogram.ex4
This code shows Better volume.....and also shows tick difference by orange histogram(diff between buy and sell tick volume).
I think that the rest (textual part is self explanatiory)

VSA©TickDifferenceSignals &Divergence.ex4
This code also looks at the tick volume differences.....but this time it looks
only the difference at the current bar....if the up volume is double the size
of the down volume it gives you a signal for buy(green), and if down volume is double the size of the up volume it is a sell signal(red)....
I have done some statistics and more of the 65% times when this scenario happens the trend will continue(next bar) in the same way!!!
Divergence is another doted line, and it shows a div between volume and price acording to the VSA rules!

VSA© Spread&WickHistogram.ex4
This one is simple and it shows you a bar position(upper dots) on top of
white histogram. Lower lime and red histogram shows you a wick size.
Doted gray line is average spread!

VPA_MT4.ex4
This is a conver from VPA.afl to MT4....it is the one in upper corner of the chart(textual) with pure Volume and price analysis with explanations of the bars!!!


meaning I is publisher

I'm not publisher .ok

for use this system first read this book:
https://www.forexupload.com/L5
-------------------------------------------------------------------------------------------------------------------------------------------

replace full version:https://www.forexupload.com/5AX

enjoy
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(Share) MT4 VSA Plugin [it cost 3000$]

(Share) revolution 1 min scalping for ever [8 years testing]

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Hello everyone, I am quite new to this amazing forum but I have been lurking here for the past 6 months just reading and reading and reading, some of you on this board are just amazing. I learned lots and built a very strong and reliable system within the last 6 months that has given me about 80% accurate scalping trades. I would like to share this system with you and also hope that we can start helping each other to make this system even more powerful
i meaning publisher not me

when it green you can buy & it red you can sell only cci

2016-05-30_000709.jpg

EURUSDM1.jpg

GBPJPYM1.jpg

USDJPYM1.jpg

enjoy it all of WWI member

its CCI; not any other repaint indicator so Be sure really work
only use cci & heiken ashi

note: do not any change indicator setting
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(Share) convert any time frame candle to one time frame

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convert m5 to m1: m5 to m1.jpg

90 minute to m1: 90 min to m1.jpg

45 minute to m5: 45 min to m5.jpg

h4 to m15: h4 to m15.jpg

& you can convert any candle time:

exp: 74 minute to m1: 74 min to m1.jpg

enjoy

When entering you can enter time frames either as string (in which case use following ones (case does not matter : m1 and M1 are the same) : M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, MN) or as numbers (in which case you use the following numbers : 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, 30, 60, 120, 180, 240, 360, 480, 720, 1440, 10080, 43200).

bug fix
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(Share) [Special] News relase indicator mt4

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News Calendar indicator (Economic news on MT4 chart)

NewsOnChart (News Calendar) is a helpful tool for traders that displays economic news on MT4 chart. And automatically updates every economic news in Real time. Note: Formally it’s Expert Advisor. But it works as info-indicator. Economic news greatly influences the market. It’s very important part of trading. So every professional trader should take into consideration news when trading before news. This “NewsCalendar” will help you trade profitable.

news-calendar-high-medium-low-news-1000x469.png

indicator have bug

very soon attach indicator

Excuse me

(Share) pivot boss mt4

(Req) (Req) Past Mt4 Reversal Indicator

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Does anybody have the past mt4 Reversal Candlestick indicator by forex useful. Please share.
Thank you

(Req) Bollinger Bands,RSI and Stochastic's 3in1 indicator???

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Dear Members,

anyone has one or knows if there is an indicator, that has "Bollinger Bands,RSI and Stochastic" all in one, with alerts?

Thank You,
LAMA82

(Share) custom background mt4

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here is an indicator which paints a gradient background with two custom colors.

the variables are:

topcol, bottomcol: this are the two colors you can use to generate your gradient background. the string variable represents the color components like rrr,ggg,bbb for red, green and blue. please use only numbers between 000 - 255

step variable is the step of the gradient. the higher the value the more flow is between the colors.

try a little bit to mix your colors and have fun with it

regards

GBPJPYM1effwe.jpg

GBPJPYM1dfs.jpg

GBPJPYM1.jpg

EURUSDM1.jpg

for find your custom color you need go to this page:

2016-06-08_172832.jpg

and place your custom number here:

2016-06-08_172806.jpg
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(Share) Multiple Time Frames PSAR mt4

(Share) Leg Volume MT4

(How to) Educate this good indicator?

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Attached it and it is a nice indicator,give breakout,trend change indication.
STP.ex4
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(Share) All 25 indicators from John F. Ehlers

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There is no sense to describe here in detail these indicators because some of them are quite complex. Everything is explained in the above book. For this site screenshots have to be sufficient. Indicators are placed in the order of appearance from the book. For the majority of these indicators red line means main signal and blue line means trigger.

Custom Indicators | MQLsoft - [mql, programming, programmer, service, coding, mql4, ea, forex, trading, automated, metatrader, indicator, expert advisor, ea, strategy, ea programming, robot, custom indicators, algorithmic, professional, free, download

(How to) Free Economic Indicators: COT report, US economic data and more to come!

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Hello everyone,

In this thread I'd like to share with you some side results of project I'm currently working on right now. It's a package of indicators which can be used to get economic data - Commitment of Traders (COT) reports, US economic data (like inflation, unemployment, GDP, money supply etc.). I'm using these indicators as a feeds for my ANN system, but I believe lots of you will find it useful in your trade and analysis.

What trading platforms supported. Currently I've only implemented it for MT4 - but actually I'm gonna implement it for other platforms like ZuluTrade, Ninja Trader etc. (unfortunately I'm not familiar with their codebase yet - so it will take me some time to learn).

How it looks. Here are the examples of what you can get on your MT4 terminal.
Examples of COT reports and charts

DMFX_Samples_COT.jpg

And here's how economic data can be presented

DMFX_Samples_USData.jpg

You can download the package with indicators from this page - Download Indicators Package - DarkMindFX - also there you'll find the instructions on how to make these indicators available in your MT4 terminal.

NOTE: All this stuff is in Very BETA stage! If you'll try it and face any issues - don't hesitate and drop me a line - wither in this thread on as private message. I'll try to fix it ASAP.

More to come!

Here is the installation instructions for MetaTrader 4.
System Requirements
Windows 7 with .NET Framework: v. 4.5 or higher - you can download it here - https://www.microsoft.com/en-US/down....aspx?id=30653
Windows 8 and higher
Installation
1. Download ZIP archive with the package
2. In your MetaTrader 4 terminal select File -> Open Data Folder
3. In ther opened window navigate to MQL4\Indicators
4. Extract archive content to this folder - you'll get the DarkMondFx folder with .ex4 and .dll files
5. Now open you MetaTrader 4 installation folder - i.e. C:\Program Files (x86)\FXCM MetaTrader 4\
6. Move all the .dll files except DarkMindConnect.dll from MQL4\Indicators\DarkMindFx to this folder
7. In MetaTrader 4 terminal open Tools > Options > Experts Advisers tab and make sure "Allow DLL imports" checked
8. Refresh indicators list in the terminal
Done! Now your trading environment is ready and you can add indicator windows to your chart. And BTW: if you have more than one trading terminal you can add these indicators to all of them!

I will be posting to this thread with the info on updated! So stay tuned!
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(Share) Williams' Accumulation/Distribution, W A/D - indicator for MetaTrader 4

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wad.gif

Williams' Accumulation/Distribution, W_A/D is the accumulated sum of positive "accumulative" price movements and negative "distributive" ones. The term "accumulation" is used to denote the market controlled by buyers, "distribution" denotes that the market is controlled by sellers.

Thus, if the current closing price is higher than the previous one, W_A/D is enlarged by the difference between the current closing price and the true minimum. If the current closing price is less than the previous, W_A/D is diminished by the difference between the current closing price and the true maximum.


ВAs trade signals of this indicator, Williams recommends using divergences:

when price reaches a new maximum and W_A/D cannot reach the new maximum, it means the security distribution takes place. This is a signal to sell;

when prices reaches a new minimum and W_A/D cannot reach the new minimum, it means the security accumulation takes place. This is a signal to buy.

more information:

https://www.google.com/url?sa=t&rct=...bZKeui8hOl3z0Q
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(Share) [VOLUME] Market facilitation index (MFI) mt4

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Market facilitation index (MFI) by Bill Williams

The MFI indicator measures the strength or weakness behind movements in an asset's price. It helps you decide whether a trend is strong enough to justify trading it and when a new trend may be about to start.

Different colours tell you whether a trend is gaining or losing strength and whether it is worth trading.

The market facilitation index (MFI) is an indicator that measures the strength or weakness behind movements of the price of an asset.

The MFI indicator can help you decide when a price trend is strong enough to justify trading it, when a new trend may be about to start and when to avoid entering trades altogether.

It does this by looking at changes in the size of price moves and whether trading volume is rising or falling.

Colour-coded bars signal the strength of a trend

The MFI indicator uses a system of colour-coded bars to signal the strength of trends in the market.

The image below shows how the MFI appears on a chart:
111111111111111111111.png
Trading the signals

Depending on their colour, the MFI bars give you the following trading signals based on the relationship between changes in price volatility and in trading volume:

Green (green bar) indicates price moves are growing and volume is up


The appearance of a green bar suggests that there are more traders entering the market in the direction of a current price move and that the move is gaining strength.

This means it may be best to enter any new trades in the same direction as the market. If you have any open positions that are not in line with the current price direction, it may be safer to close them.

The chart below shows how the green bar can confirm a trend direction mf green.png

The brown bar shows weakening momentum

The appearance of a brown (fade) bar suggests that traders are losing interest in the current price move and that it may be coming to an end.

At this time, it may be best to avoid entering trades in the same direction as a current price move. The appearance of several brown bars in a row may also indicate that the price is about to change direction.

The chart below shows the brown bar showing a potential market reversal. 222222222.png

Fake (blue bar) – price moves are growing and volume is down
When a blue (fake) bar appears, strong moves may be triggered by speculation only and so may not last long. It might be best to avoid entering new trades now.

The appearance of a blue (fake) bar indicates that there is a disconnect between price moves and the volume of trade. It suggests that strong moves could be the result of one-off speculators having the power to push around illiquid markets. Any price moves are therefore unlikely to last long.

Experienced traders tend not to enter the market during this phase, which can be a time when new traders get sucked into the market and experience losses.
The chart below shows what the MFI looks like when the blue bars are on the chart: 3333333.png

Squat (pink bar) indicates price moves are shrinking, but volume is up


The appearance of a pink (squat) bar suggests that traders are very enthusiastic about entering the market, but it is a battle between bulls and bears, meaning the price does not yet have a clear direction.

As soon as either the buyers or sellers win this fight, prices can experience a sudden, powerful move, and traders have the potential to make quick profits from this. However, the indicator will not determine the direction for you.

The chart below highlights the MFI and shows how the market is in a battle between buyers and sellers 44.png

You can practice reading the market facilitation index in the exercises below.

Using what you have learnt about the MFI, what is the highlighted area telling you?
555.png
The answer is: The market is telling us it is in the squat phase. In number 1 we have three periods of pink bars that tell us the bulls and bears are battling, but the direction is yet to be determined. Notice how the candles reflect this by the way they move up and down but with no trend direction.
666.png
----------------------------------------------------------
Using what you have learnt about the MFI, what is the highlighted area telling you?
777777.png

The answer is: The appearance of a blue (fake) bar indicates that there is a disconnect between price moves and the volume of trade. It suggests that strong moves could be the result of one-off speculators having the power to push around the price as shown in number 1. Experienced traders generally stay away from the market in this period.
888888888.png
--------------------------------------------------------------------
Suitable for all time frames

The MFI indicator works well on all time frames, from 5-minute to daily and weekly charts.

Because it actually measures market cycles, the MFI can be used in all market conditions.

Summary

… the market facilitation index is an indicator that measures the strength or weakness behind current movements in an asset's price.
… it helps you decide when a trend is strong enough to justify trading it, when a new trend may be about to start and when it might be best to avoid trading.
… it does this by looking at the relationship between changes in the size of price moves and changes in trading volume.
… a system of colour-coded bars then gives you trading signals.
… a green bar appears when price moves are growing and trading volume is up – price moves are gaining strength as more traders enter the market. This suggests it may be best to enter trades in the direction of current moves
… a brown (fade) bar appears when price moves are shrinking and volume is down – traders are losing interest in the current price move and it may be coming to an end. This suggests it may be best not to enter trades in the direction of current moves
… a blue (fake) bar appears when price moves are growing and volume is down – strong moves are the result of low volume and may not last long. This suggests it may be best to enter no new trades.
… a pink (squat) bar appears when price moves are shrinking and volume is up – a battle between enthusiastic bulls and bears may trigger a big price move once one side has won.
… a pink bar suggests a big price move is coming, but it will not determine the direction for you.
… The MFI indicator can work with all time frames and all market conditions.

FOR MORE INFORMATION READ THIS BOOK:

Trading Chaos: Maximize Profits with Proven Technical Techniques: Justine Gregory-Williams, Bill M. Williams: 9780471463085: Amazon.com: Books
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(Share) Positive and Negative Volume Indexes MT4

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Two of these indicators are known as the Positive Volume Index
(PVI) and the Negative Volume Index (NVI). Paul L. Dysart developed
both in the 1930s, but they were not well popularized until
econometrician Norman G. Fosback published Stock Market Logic
in 1976. Dysart utilized market breadth statistics to produce these
indicators but Fosback modified the indexes by employing PVI and
NVI to individual security data.
Price accumulation indicators quantify the relationship between
price and volume by accumulating price when volume changes.
When the volume increases, the price change is counted in the PVI.
PVI counts price only on the days in which the volume is higher. If
the PVI is up, then price is appreciating on rising volume. If the PVI
is down, then prices are depreciating on rising volume. Accumulating
price change on the down-volume days is known as NVI. If the NVI is
up, then price is appreciating amid declining volume. If the NVI is
down, then price is depreciating on declining volume. Here are the
equations:
When today’s volume is greater than yesterday’s volume, then PVI = Previous PVI + Sum of (Close Today – Close Yesterday) / (Close Yesterday)


When today’s volume is less than yesterday’s volume, then NVI= Previous NVI + Sum of (Close Today – Close Yesterday) / (Close Yesterday)


The logic is as follows: As institutions take long positions on individual
issues, they cannot avoid influencing the price by forcing it up as
they buy. However, these institutions can attempt to sell the stock in
the midst of an uptrend without negatively affecting the price. This is
accomplished by offering shares for sale only at the offered price, with
no discounts (for example, hitting the bid). Even so, they have no way
of hiding such operations in terms of volume. Such large operations are
identified by a rise in volume. This makes the PVI an effective indicator
for individual stock issues.
Although volume keeps large institutions from hiding their operations
in the case of individual issues, such institutions do not have
difficulty when it comes to the broad market. The broad market is big
enough for any single institution to conduct its operations without
forcing the whole market’s volume higher or lower. Thus, an
informed institution can buy into the market without significantly
affecting the broad market’s volume. In this way, NVI is a very effective
indicator for use in the broad market and in market breadth
analysis:
HHHHHHHHHHH.jpg

In a typical birthing of a new bull market, prices should rise on
increasing volume. In this state, sellers demand higher prices, as evidenced
by rising volume accompanied by sharp price increases. On
such high-volume days, various news and events are priced into the
market. Many investors, both the informed and uninformed, want to
participate. This is evidenced by a rising PVI, which is typical in the
first phase of a secular bull market. However, because volume is
heavy, NVI is not quick to recognize this developing trend.
As the bull market matures, stock prices can continue to rise even
in the case of falling volume. Here, the PVI is not much help. How-
ever, according to price accumulation theory, this is when informed
institutional investors continue to accumulate positions in anticipation
of a continued economic turnaround. During these short-trend
reversals, institutions steadily accumulate shares. These actions are
exposed by a rising NVI in the midst of a temporary pullback in a secular
bull market pullback.
A fading bull market is characterized by increases in prices with
light volume. You can also use these indicators to identify a coming
bear market. If the PVI drops while the market climbs, the stock or
stock market is being distributed on the heavy-volume days. In this
way, the PVI’s divergence might help identify the maturing trend.
Meanwhile, because NVI counts only the down-volume days, it might
continue to track the market. However, when the market falls on
heavy volume, then the NVI turns as quickly as the market drop is
sharp. As you might conclude from this example, NVI is a better tool
for detecting the market’s major trend, while PVI might be better
suited as a leading indicator.
According to Fosback’s research, conducted from 1941 through
1975, when the PVI is trending above its one-year average, there is a
79 percent probability that the market is bullish. When the NVI
trends above its one-year moving average, 96 percent of the market
being bullish. Similarly, if the NVI trends below its one-year average,
it is bullish 47 percent of the time. However, if the PVI trends below
its one-year average, the market is bullish only 33 percent of the time.
From this we can infer that PVI is good at identifying bear markets
and that NVI is excellent at identifying a bull market trend.


This topic continues...
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(Share) Advance Decline Ratio (ADR) MT4

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Trading with ADR involves the following signals:

ADR rising and so does the price — healthy trend.
ADR falling and so does the price — healthy trend.
ADR reading diverge from the price — trend may change
ADR crossing above 1.00 level — an uptrend has been established.
ADR crossing below 1.00 level — a downtrend has been established.

The further ADR moves from 1.00 level the more mature current trend is.

What is Advance Decline Ratio in Forex

Advance Decline Ratio in Forex determines a momentum in the market by comparing advancing moments to declining ones.
A/D Ratio was brought from stock trading, where traders were calculating the difference between stocks listed on the New York Stock Exchange that advanced in price minus those that declined.

ADR indicator Formula
The Formula for Advance Decline Ratio is:

Advance/Decline Ratio = Number of advancing moments / Number of declining moments
If ADR is less than 1 it means that there is more declining moments than advancing. If ADR is higher than 1 – advancing moments prevail.

Advancing moments - the number of bars that closed above their opening price.
Declining moments - the number of bars that closed below their opening price.

How to use Advance Decline Ratio indicator

ADR indicator is used widely as a overbought / oversold indicator where extremely high reading suggest the market being overbought while extremely low readings suggest an oversold market. However, the market can remain in overbought/-sold condition for an extensive period of time, therefore an additional confirmation signal from other tools is needed to confirm a move.
Similar to all other momentum indicators the cross of 1.00 level on ADR indicator is an important signal of an established trend while the distance from this 1.00 level describes maturity of the trend.
ADR chart example
On a Forex chart Advance Decline Ratio (ADR) indicator looks more like Advance Decline Line (ADL), but in contrast to ADL, ADR cannot be negative
111111111111.png
How does ADR works on practice
Let’s take a down trending market. By looking at ADR traders can measure a strength and health of a current down trend. If ADR is low and decreasing during the sell off it indicates a good health of the downtrend. If, however, ADR moves higher while the trend continues down it suggest a deteriorating strength of a trend, in other words with each downside progress fewer participants take part in driving prices down. Eventually the market is going to change the direction and move higher following ADR indicator
Attached Images
Attached Files

(Share) first full VSA system for MT4!!!

$
0
0
Im coding this a few time now, and it is finaly finished!
This is a try to conver tradeguider to MT4.... I also recoded VPA.afl
code to MT4! This is definitely my best code ever, and it kicks ass.
I posted this on MQL4 site, and I was banned after 15 minutes.....
I wonder why...lol....
Also take a note that this is a first full VSA system for MT4!!!
2016-05-28_133818.jpg it.s my mt4

vsa info.jpg

FINAL SCREEN.jpg


VSA© Better&TickSeparatVolumeH istogram.ex4
This code shows Better volume.....and also shows tick difference by orange histogram(diff between buy and sell tick volume).
I think that the rest (textual part is self explanatiory)

VSA©TickDifferenceSignals &Divergence.ex4
This code also looks at the tick volume differences.....but this time it looks
only the difference at the current bar....if the up volume is double the size
of the down volume it gives you a signal for buy(green), and if down volume is double the size of the up volume it is a sell signal(red)....
I have done some statistics and more of the 65% times when this scenario happens the trend will continue(next bar) in the same way!!!
Divergence is another doted line, and it shows a div between volume and price acording to the VSA rules!

VSA© Spread&WickHistogram.ex4
This one is simple and it shows you a bar position(upper dots) on top of
white histogram. Lower lime and red histogram shows you a wick size.
Doted gray line is average spread!

VPA_MT4.ex4
This is a conver from VPA.afl to MT4....it is the one in upper corner of the chart(textual) with pure Volume and price analysis with explanations of the bars!!!


meaning I is publisher

I'm not publisher .ok

for use this system first read this book:
https://www.forexupload.com/L5
-------------------------------------------------------------------------------------------------------------------------------------------

replace full version:https://www.forexupload.com/5AX

enjoy
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