RSI Accumulated (Floating Levels) – indicator MetaTrader 4

RSI Accumulated (Floating Levels) - indicator for MetaTrader 4
Accumulated RSI that uses: Floating levels Or quantile bands Process of “accumulating” uses consecutive RSI calculations in order to “construct” new “RSI” value. PS: since this indicator is rather unknown (I guess that it is because without the usage of dynamic zones, floating levels or quantile bands, it is almost unusable in any normal trading), … Read more

Accumulative Swing Index Smoothed – Floating Levels – indicator MetaTrader 5

Accumulative Swing Index Smoothed - Floating Levels - indicator for MetaTrader 5
In this version of Accumulative Swing Index Smoothed indicator we are introducing a sort of levels that can be used for trend assessment. Floating levels are used for that and that way the indicator is not depending on any kind of fixed levels, which makes the indicator a sort of an adaptive indicator. Some experimenting … Read more

Volume Zone Oscillator – Floating Levels – indicator MetaTrader 5

Volume Zone Oscillator - Floating Levels - indicator for MetaTrader 5
Indicator is based on the “In The Volume Zone” article by Walid Khalil and David Steckler. An axiom of technical analysis states that with few exceptions, all technical indicators can be classified as either trending or oscillating (non-trending) in their design. This new indicator, the Volume Zone Oscillator (VZO), addresses both. In his book Technical … Read more

Price Zone Oscillator – Floating Levels – indicator MetaTrader 5

Price Zone Oscillator - Floating Levels - indicator for MetaTrader 5
Price Zone Oscillator indicator is based on the “Entering the Price Zone” article by Walid Khalil and David Steckler. In our last article, we introduced a new oscillator that provides better guidance to buying and selling levels for securities: the Volume Zone Oscillator (VZO). This time, we introduce a similar, complementary indicator: the Price Zone … Read more

Price Zone Oscillator – Floating Levels Smoothed – indicator MetaTrader 5

Price Zone Oscillator - Floating Levels Smoothed - indicator for MetaTrader 5
In order to filter out some of the signals of the Price Zone Oscillator – Floating Levels indicator, smoothing is added to this version. It filters out a lot of false signals this way, thus possibly becoming more usable. Price Zone Oscillator – Floating Levels Smoothed – indicator MetaTrader 5