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The indicator shows the probabilistic reverses.
As its developers affirm if the 0.5 level is reached the price strains after the opposite direction.
Monday, 24 November 2008
Y(Efekt)
Batterwort Moving Average
Author: YUBA (2008.11.04 08:58)
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Description:
It represents a standard MovingAverage indicator with the function of smoothing by the second-order Butterworth filter added. It is balanced so that if the same smoothing periods are selected the weight of the current count will correspond the weight in the Exponential Moving Average. In order to choose the Butterworth smoothing specify MA_Method=4.
ZoneTrade
Author: Duke3D (2008.11.04 08:58)
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he indicator is written by the fourth dimension of B. Williams - Trading Zone:
If the current bars of AC and AO are green, it shows that the zone is green.
If the current bars of АС and АО red, it shows that the zone is red.
If the bars of AC and AO are differently directed then the bar is colored grey (grey zone).
CandlesticksCW
Author: CandlesticksBW
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The indicator is based on CandlesticksBW. It colors the japanese candlesticks by B. Williams displaying the "black" and "white" candlesticks.
The candle is dyed in the color of the coincident colors of the AO and AC hystograms in the indicator, otherwise the color of the candlestick is black.
The possibility of differentiating the "black" and "white" candlesticks is added to author's indicator.
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iTREND_alexcud
Author: Watashi (2008.11.05 08:28)
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The main idea of the indicator is taken from here TREND_alexcud v_2. mq4
As far as the author's indicator didn't draw the arrows on the history and there was no possibility to estimate its trade signals this indicator was created, it draws the arrows in the main window of the chart.
The settings are the same with the author's indicator.
Math System-Trader
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Author: Scriptor (2008.11.05 08:29)
An advanced system, it provides recommendations during trading.
UT Fast
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Author: Scriptor (2008.11.06 08:52)
The indicator is a trader helper for determining the trend, the levels of overbuying and overselling, and also the levels of support and resistance.
Search patterns
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Author: Scriptor (2008.11.06 08:52)
The indicator searches for the patterns, displays the end of the D and C points on the screen.
Indicator MACD TrackTrend Colored
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The indicator is attached to one chart and it shows the direction of the trend in accordance with MACD on all timeframes.
Up - Trend up
Down - Trend down
Up->Down - Rising trend but the interchange of the direction downwards is possible soon
Down->Up - Descending trend but the interchange of the direction upwards is possible soon
ThreeLineBreak on Chart S/R
Author: Ulterior (2008.11.08 10:54)
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Blue lines are support levels, Red ones are resistance levels.
The dashed lines are candidates.
The amount of considered lines on a break through is regulated by LB paramter of the indicator.
Moving Average Based on Demark's Approaches
Description:
The drawing of the moving average is performed on the basis of Demark's method "Daily Range Projections".
Indicator on a zero bar points at the future price change.
Input Parameters:
period - the period of averaging,
ma_method - the method of averaging:
0 - Simple moving average
1 - Exponential moving average
2 - Smoothed moving average
3 - Linearly-weighted moving average
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RAVI (Range Action Verification Index)
Author: not specified
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It is developed on the other principle, not on ADX's. Chand suggests 13-weeks SMA as a basis of the indicator. It represents quarter (3 months = 65 working days) behavior of the market populance about price. The short average is 10% of the long one and is roughly equal to seven.
T. Chand recommends the following information lines for the indicator: plus-minus 0.3% or 0.1% (depending on the market). There is a belief that the up trend began if the indicator crosses the upper information line bottom-up. And there is also a belief that the down trend began if the indicator crosses the lower information line from top downward. The trend is considered as continuing as long as the RAVI line grows. The down trend - as long as the RAVI line falls. If the indicator turns back to the zero line it means that the trend is over and the channel has began. But if the indicator turns back again not passing between the information lines it means that the trend has resumed.
The indicator in itself is very simple and is almost identical to the Price Oscillator and MACD. The unique thing is the usage of the conergence-divergence rate indicator as a trend pointer, paying attention to the divergence exactly and not to the averages intersection.
If we consider the method of ADX drawing then we can note that the indicator has two smoothings. RAVI has one smoothing. This makes the indicator more sensitive, and it alerts about the beginning and the end of the trend earlier than the 18-days ADX.
Daily range
Author: mishanya
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Forecasting of price daily ranges. This indicator shows the resistance and support levels of the current day, the levels are forecasted on the basis of the price levels of the previous day. You can find the calculation formulas in Thomas Demark's book: "The New Science of Technical Analysis".
Indicator Impulse CD
Author: Cronex (2008.11.12 08:18)
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Indicator Impulse CD, an extension of the impulse approach to the trading and the elaboration of the Impulse MACD indicator.
The idea of the further development has originated after the visual observing the above mentioned indicator. It's rather difficult to determine the moment when the signal line of the indicator begins to deviate from the hystogram at first sight. So, I considered it useful to overlay an additional hystogram of the difference between the signal line and the main hystogram.
As the first observations show, it probably will help to locate the rollbacks.
ChandelierStops_v1
Autor: igorad
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A modified verion of the Chande & Kroll's Stop indicator. The author consider that the ChandelierStops_v1 is very similar to it and look better than the Chande & Kroll's Stop.
more about Japanese Candlestick
YZCHMC_V1 Indicator of Grouped Motion
Authors:
YuraZ Copyright c 2008 yzh {at} mаil {dot} ru
sergeev Copyright c 2008, Alexey Sergeev urgunt {at} gmаil {dot} com
KimIV The library for working with the INI files is in the indicator
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Description:
The indicator calculates the percentage of motion of the group of symbols in relation to the beginning of the day. The grouped motion is a good sign for opening positions.
Usually at the time of Asian session the groups of symbols of USDXXX and XXXUSD range in a certain manner,
often the impulse that is given by Asia or Europe continues through whole european session.
If this impulse is caught up by America then the entrance appears to be great, it happens almost always during the trend periods.
It's better to perform the opening by convergences/divergences.
The grouped break through of the morning flat can serve as one of the signs both for entering and for confirming the earlier entering.
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At first start the indicator creates the INI file, YZCHMC_V1.INI in the folder MetaTraders is launched from. All currencies are written to the file.
You can edit this file, add new symbols or remove some of them.
It is very uncomfortable to pick at the parameters every time you launch it, that was the reason to implent the reading of the parameters from the file.
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The indication of the growth on the concrete TF is displayed on the oscillator, and only the information from the beginning of the current day is displayed at the corner of the main chart.
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The discussion of the indicator is here
The break through of the morning flat: http://forum.masterforex-v.org/index.php?showtopic=9387
Also you can find other materials here
Indicator Raznost2
Author: satop (2008.11.15 07:52)
The indicator shows the difference between the open price of the last bar and the close price of the previous bar.
This version of the indicator is an adaptiation of the Raznost indicator, since the changes in its indications occur only after switching between chart periods, this disadvantage is fixed in this version.
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Will-Spread
Author: Profitrader (2008.11.15 07:52)
Larry Williams indicator. It considers the influence of the secondary market on the trading market.
For the first time the indicator was suggested in the book by Larry Williams "Long-Term Secrets to Short-Term Trading", the "A New Indicator for Short-Term Traders...Will-Tell", "Will-Spread..." chapters.
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Traders Dynamic Index with Visual and Audible Alerts
Modification of same indicator as Traders Dynamic Index.
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