The CCI_ indicator for MetaTrader4 is a modified version that of the original “Commodity Channel Index”. The original creator of the indicator is Donald Lambert and he used it to gauge the difference between a currency’s mean price and the average of the mean price over a specified period. The CCI indicator can be used […]
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The i_daywpr_v1_1 indicator for MetaTrader4 is a modified Williams Percent Range indicator, whereby the indicator’s period is automatically calculated via the number of bars of the current day. Traders use the i_daywpr_v1_1 indicator in making intraday trading decisions. The “Williams Percent Range”, or “%R”, indicator which is the core of the i_daywpr_v1_1 indicator is one […]
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The guppy multiple moving averages indictor for MetaTrader4 that is used in spotting changing trends. The method is made up of the combination of two groups of moving averages with dissimilar time periods. The guppy_multiple_moving_averages indicator has a set of its moving averages on a fairly brief time frame and can be deployed in spotting […]
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The rocv2.1 indicator for MetaTrader4 is also tagged the Rate-of-Change (ROC) indicator and derives its use in its ability to display the percentage of price change for a specified forex pair and displays the corresponding bars in the indicator window. A new chart window for a particular symbol is opened (in view of the predefined […]
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The another symbol ad indicator for MetaTrader 4 offers traders the ability to display the quotes of other financial instruments or timeframe within the current chart’s window. One of the benefit of doing this is to always have an eye on divergences between quote charts of the represented symbols. The solution to the problem of […]
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The i_dayrvi_v1_1 indicator for MetaTrader4 is a Relative Vigor indicator, whereby the indicator period is computed automatically via the use of the current day’s number of bars. The design of the i_dayrvi_v1_1 indicator is similar to that of the Stochastics asides the fact that the closing price is linked with the open instead of the […]
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The regression channel indicator for MetaTrader 4 is one that draws a linear regression channel. The indicator starts off by drawing a trend line between two dots, then on that foundation it draws a channel of two parallel lines, which will be placed at the same distance from the regression line. It is the value […]
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The i_daystochastic_v1_1indicator for MetaTrader 4 is a Stochastic indicator that computes the indicator period by automatically calculating the current day’s number of bars. The i_daystochastic_v1_1 indicator is set for use on the M1 – D1 timeframe, while the indicator requires some time for calculation on first-run. Free Download Download the “i_daystochastic_v1_1.ex4” MT4 indicator Example Chart […]
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The tema_custom indicator for MetaTrader 4 is deployed in smoothing price and other data. Designed by Patrick Mulloy and initially published in 1994, the tema_custom MT4 indicator is made up of a single exponential moving average, a double exponential moving average along with a triple exponential moving average. Free Download Download the “tema_custom.ex4” MT4 indicator […]
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The AMA indicator for MetaTrader 4 is short for Adaptive Moving Average, a technical study designed by Perry Kaufman, hence it is termed the Kaufman’s Adaptive Moving Average. The AMA indicator was developed to act like a moving average, but also as a tool to measure the degree of noise found in the trend and […]
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