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Visualize on your chart when price in an oversold or overbought zone. A combination of Rsi and Stochasticrsi is used for higher probability. Wait for an zone to be displayed and then wait for price to exit a zone. Once this happens check candlestick patterns and support/resistance "lines" to find appropiate stoplosses for you entry or exit

This is a famous trend indicator in MT4 platform. Is this better than other MA based trend systems? I will let you decide that :) Supported modes: - Trend mode: This is the default. Draws a trend line (like MA) and colors them based on the trend. - Ribbon Mode: Shown at the bottom pane. No trend lines are drawn. - OverlayMode: Bars are colored based on the...

The Fibonacci Bollinger Bands indicator is based on the same principles as the standard Bollinger Bands indicator developed by John Bollinger. The Fibonacci Bollinger Bands indicator bases its upper and lower bands on volatility just like the Bollinger Bands indicator does, but instead of using standard deviation as the measure of volatility, a Wilders Smoothed...

This is a simple script to assist you in manual backtesting! Perfect for the NNFX crowd or anyone that enjoys manual backtesting. Usage 1. Slap this bad boy on your chart. 2. Adjust period and multiplier (defaults are 14 period and 1.5x). 3. Put on the indicator/system you are testing. 4. Enter bar replay mode. 5. Drag your long/short position take profit and...

Market Direction Indicator (MDI), by Donald Lambert, is an extension of simple moving average cross over systems. Series of price cross over points are determined to derive MDI. Note that the short/long lengths will differ between instruments. They need to be tuned properly. I have added an option to specify a "cutoff" parameter. When MDI is in the cutoff zone...

This EMA Candles indicator use the price movement between two user selected Exponential Moving Averages to help determine the current trend. As of release, there are 5 possible bar color outputs, all of which are shown in the legend above. The Five Electable Color Outputs: Uptrend; Strong Uptrend; Downtrend; Strong Downtrend; n/a I hope you all enjoy!...

This indicator will simply plot on your chart the Daily/Weekly/Monthly previous candle levels. The "Auto" mode will allow automatic adjustment of timeframe displayed according to your chart. Otherwise you can select manually. Indicator plots the open/close and colors the high-low range area in the background. Hope this simple indicator will help you ! You...

EXPERIMENTAL: rsi helper tool to visualize rsi overbought/oversold levels.

Point and Figure Overlay: tf: time frame to use. mode: ATR or Traditional. modeValue: can be whole number for ATR mode(ex:.15) or floating point value for Traditional(ex:.0.12345). reversal: number of reversal bricks.

Simple heiken ashi overlay coloring the candles to the color of the heiken ashi.

Just a quick indicator that overlays renko charts on traditional charts.

Median Renko Overlay + Stop and Reverse line.

MACD Overlay indicator plots the MACD directly on price. This helps you better understand the MACD indicator and filter the false signals.

Hey guys Coming at you again with a very simple script for displaying volume that is not overlaid on the price chart. This volume is in a separate indicator window for when you don't want the volume to get in your way. Bonus: default colors are color matched to default volume indicator (can be changed in the "Style" tab under settings). Includes the moving...

Einfacher EMA-Cross Indikator mit Indikation der Crosses auf EMA-Linie und am Chart-Bottom + MACD-Cross wird default an: location.top angezeigt zusätzlich zeigt die Hintergrundfarbe an ob der MACD über (grün) oder unter (rot) seinem Signal liegt.

Renko Overlay: tf: Timeframe to use. mode:ATR or Traditional. modeValue: can be whole number for ATR mode(ex:.15) or floating point value for Traditional(ex:.0.12345). showOverlay: Display renko bars. showBarColors: Display Bar Colors. showMa: display Renko based ma. MA_length: moving average length. note: should use with scale series only toggled on, so it...

The usage is very easy. When the line is green you can open long position, when the line is red you can open short position and when it's black just check by yourself. Usually I use it with RSI and Bollinger Bands, in order to determine when the signal is strong or weak. Just play with fastest and slowest SC to adjust the smoothness.

Here is all the Rob Hoffman (Overlay) Indicator. Will release the rest as a different indicator. Planned, 1. Stochastic 2. MACD Alternatively, Videos www.youtube.com