Forex MetaTrader Trading Indicators

The Parabolic SAR refers to a price-and-time-based trading system. SAR stands for “stop and reverse,” which is the actual indicator used in the system. SAR trails price as the trend extends over time. The indicator is below prices when prices are RISING and above prices when prices are FALLING. In this regard, the indicator stops and reverses when the price ...

Auto FibLines MrVB MQ4 indicator draws automatically Fibonacci levels on the chart. Includes Fibonacci channel. The lines have percentage value and price. Available Fibonacci levels: 0.0%, 14.6%, 23.6%, 38.2%, 50.0%, 61.8%, 76.4%, 100.0%, 123.6%, 138.2%, 150.0%, 161.8%. You can set the lines color from the parameters. You can set the search bar parameter – the number of bars from which ...

RSI Prognoz MQ4 Indicator. The idea was simple: take the history values of RSI over pr_period bars and see the indicator values after progn bars, i.e. obtain a set of indicator values and a pseudo-value of what this set resulted in, store everything to an array. Then iterate over the array at a specified glubina depth and see if there ...

KVO MQ4 Indicator  – This oscillator based on turnovers has been developed by Stephen Klinger. The oscillator is calculated in seven steps: The average typical price is calculated – (H+L+C)/3 If the current typical price is greater than the average typical price of the previous bar, the turnover of the current bar gets a “plus” sign If the current typical ...