RSI Divergence draws the RSI indicator line in a separate window and displays found divergences in the indicator window and on the price chart. It has six input parameters: Period – calculation period Applied price Overbought – overbought level Oversold – oversold level Bullish color – color of bullish signal arrows and lines BearishRead More →
Commodity Channel Index technical indicator (CCI) measures the deviation of the commodity price from its average statistical price. High values of the index point out that the price is unusually high being compared with the average one, and low values show that the price is too low. In spite of itsRead More →
Semaphore signal indicator based on the RSI indicator, which features alerts, sending emails and push-notifications to mobile devices. The indicator is based on the idea that the price reversal is preceded by a reduction in indicator change rate and its reversal. For this purpose, it searches for the intervals whereRead More →
ZigZag based on the MACDCandle indicator candles. Fig.1. ZigZag_MACDCandle indicator Translated from Russian by MetaQuotes Software Corp. Original code: https://www.mql5.com/ru/code/16605Read More →
Pivot Points are always very useful for trading, this is a simple way to have some idea of where the market is heading during the day. The indicator also provides the first three supports and resistances. The formulae I used are: Resistance 3 = High + 2*(Pivot – Low)Resistance 2Read More →
The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal (see Creating Ready-Made Expert Advisors in MQL5 Wizard for the details). It allows to check your trade ideas quickly, all you need is to create your own trading signals class. The structure of this class andRead More →
It is created as an alternative to MA to determine trend direction and is a kind of “hybrid” of a linear reversal and the iMovment indicator (https://www.mql5.com/en/code/99). The difference of the last is that the delta (the reversal parameter) is not plotted based on the close price, but exactly theRead More →
Oscillating indicator Multi timeframes Stochastic RSI is the multi-timeframe Stochastic RSI. The indicator displays the data of three indicators Stochastic RSI from different timeframes on the current chart. It has ten input parameters: Stochastic %K period – stochastic %K line calculation period Stochastic %D period – stochastic %D line calculation period Stochastic slowing – stochastic slowingRead More →
Hong Kong Exchanges & Clearing made an unexpected $36.6 billion bid for London Stock Exchange Group, a bold move that would upend the U.K. bourse’s combination with Refinitiv. LSE’s board “remains committed to” the acquisition of data provider Refinitiv, highlighting the hurdles facing an offer that it called unsolicited, preliminaryRead More →
Our pivot point is at 98.3. Our preference:the upside prevails as long as 98.3 is support. Alternative scenario:the downside breakout of 98.3 would call for 96.4 and 95.3. Comment:the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive.Read More →
Our preference:short positions below 1.3215 with targets at 1.2770 & 1.2615 in extension. Alternative scenario:above 1.3215 look for further upside with 1.3350 & 1.3450 as targets. Comment:the RSI shows downside momentum. Our key levels: Pivot Last 1.3215 1.2941 Resistances Supports 1.34501.33501.3215 1.27701.26151.2465 Cảnh báo về Rủi ro: Tất cả CácRead More →
Pivot: 0.7205 Our preference:short positions below 0.7205 with targets at 0.7000 & 0.6830 in extension. Alternative scenario:above 0.7205 look for further upside with 0.7285 & 0.7390 as targets. Comment:the RSI shows downside momentum. Our key levels: Pivot Last 0.7205 0.7031 Resistances Supports 0.73900.72850.7205 0.70000.68300.6740 Cảnh báo về Rủi ro: TấtRead More →
Pivot: 1.1380 Our preference:short positions below 1.1380 with targets at 1.1000 & 1.0870 in extension. Alternative scenario:above 1.1380 look for further upside with 1.1450 & 1.1550 as targets. Comment:the RSI is bearish and calls for further downside. Our key levels: Pivot Last 1.1380 1.1153 Resistances Supports 1.15501.14501.1380 1.10001.08701.0730 Cảnh báoRead More →
Pivot: 26060 Our preference:long positions above 26060 with targets at 26920 & 27455 in extension. Alternative scenario:below 26060 look for further downside with 25710 & 25275 as targets. Comment:the RSI is bullish and calls for further upside. Prices validated a symmetrical triangle: a bullish continuation pattern calling for a riseRead More →
Pivot: 2875.00 Our preference:long positions above 2875.00 with targets at 2940.00 & 3000.00 in extension. Alternative scenario:below 2875.00 look for further downside with 2785.00 & 2725.00 as targets. Comment:the RSI is bullish and calls for further upside. The SPX remains in an up-trend supported by the 20-day moving average. OurRead More →
Pivot: 14.35 Our preference:short positions below 14.35 with targets at 10.50 & 8.50 in extension. Alternative scenario:above 14.35 look for further upside with 17.50 & 20.50 as targets. Comment:the RSI shows downside momentum. Our key levels: Pivot Last 14.35 12.63 Resistances Supports 20.517.514.35 10.58.57.3 Cảnh báo về Rủi ro: TấtRead More →
Three Outside – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Up and Down, depending on the Trend in which is located. Three Outside UpRead More →
Three Outside – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Up and Down, depending on the Trend in which is located. Three Outside Down – It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.Read More →
Three Line Strike – Normally it should be a signal of continuation of the current Trend. – You can find it in the variants: Bullish and Bearish, depending on the Trend in which is located. Bullish Three Line Strike – It occurs during an Uptrend; confirmation is required by the candles that followRead More →
Three Inside – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Up and Down, depending on the Trend in which is located. Three Inside DownRead More →
