Index ‣ MetaTrader Trading Robots

MTF Relative Strength Index – indicator for MetaTrader 4

MTF Relative Strength Index is a MetaTrader indicator based on well known RSI. Relative Strength Index is a financial technical analysis momentum oscillator measuring the velocity and magnitude of directional price movement by comparing upward and downward close-to-close movements. The RSI was developed by J. Welles Wilder and published in Commodities magazine in June 1978.

Fractal Dimension Index. + Step EMA – indicator for MetaTrader 4

Step_Ema_LK.mq4: This is a hybrid step / ema filter I wrote a while ago. Exchanging some lag/price for lag/time then prices moves a lot. LK_FDI_V2.mq4: Is my version of a Fractal Dimension Index. Following more or less the same principles as FGDI.mq4 posted elsewhere in the codebase. (There is some small differences, especial when dealing

REI (Range Expansion Index) DeMark – indicator for MetaTrader 4

The REI (Range Expansion Index) indicator by Thomas DeMark. The usage of the indicator is described in “The New Science of Technical Analysis” by Thomas R. DeMark. REI (Range Expansion Index) DeMark – indicator for MetaTrader 4

Dollar Index USDX – indicator for MetaTrader 4

Dollar Index Custom Indicator. Displays the value of USDX Dollar Index futures contract in MT4. Dollar Index USDX – indicator for MetaTrader 4

DXY Dollar Index – indicator for MetaTrader 4

Author: andydoc This indicator calculates and displays the Dollar Index and 2 definable moving averages. In order for it to work, the broker must provide prices for all the reference pairs, i.e. EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK, USDCHF. The Dollar Index is well described here: ICE Dollar Index The indicator against 2 pairs, reading exactly

Average Directional Movement Index (ADX) – indicator for MetaTrader 5

Average Directional Movement Index technical indicator (ADX) helps to determine the market trend. It was developed and described in detail by Welles Wilder in his book “New concepts in technical trading systems”. The simplest trading method based on the system of directional movement implies comparison of two direction indicators: the 14-period +DI one and the

Average Directional Movement Index Wilder – indicator for MetaTrader 5

Average Directional Movement Index Wilder (ADX Wilder) helps to determine if there is a market trend. This technical indicator is constructed as a strict correspondence with the algorithm described by Welles Wilder in his book “New concepts in technical trading systems”. Trading rules of this indicator are described in the Average Directional Movement Index. Calculation:

Accumulation Swing Index (ASI) – indicator for MetaTrader 5

ASI was created by Welles Wilder as an ordinary fluctuations indicator that gets signals from previous maximums and minimums of price. Once, Wilder said: “Somewhere amidst the maze of Open, High, Low and Close prices is a phantom line that is the real market.” What helps us reveal this phantom line is the accumulation index.

Commodity Channel Index (CCI) – indicator for MetaTrader 5

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 its name, the Commodity Channel

Force Index (FRC) – indicator for MetaTrader 5

Force Index technical indicator was developed by Alexander Elder. This index measures the Bulls Power at each increase, and the Bears Power at each decrease. It connects the basic elements of market information: price trend, its drops, and volumes of transactions. This index can be used as it is, but it is better to approximate