Find Swing Highs Swing Lows – indicator MetaTrader 5

Find Swing Highs  Swing Lows - indicator for MetaTrader 5
Swing High/Low Identifier The Swing High/Low Identifier is a custom MetaTrader 5 (MT5) indicator designed to highlight significant swing points on your chart. This indicator identifies and marks swing highs and swing lows based on a configurable range of bars.  – Swing Highs are marked with red arrows above the respective candles. – Swing Lows are … Read more

Size Highs And Lows – indicator MetaTrader 5

Fig.1. Size Highs And Lows indicator
When volatility of the financial instrument became lower than some level, the long-,middle- and short-term strategies may lose profit and became unprofitable. It depends how long will this “calm” – during these periods you may use scalper strategies based on hourly volatility. To find the patterns of market behavior you need a tools. The Size … Read more

New Highs-New Lows Index – indicator MetaTrader 5

Fig.1 The NH_NL Indicator
Real Author: LenIFCHIK The New Highs-New Lows Index was very well described by A. Edler in his book “Trading for a Living: Psychology, Trading Tactics, Money Management ” in the chapter dealing with Stock Market Indicators. In our case, the indicator has been adapted to the foreign exchange market and is calculated as the difference … Read more

Swing Point Highs and Lows – indicator MetaTrader 4

Last Man Standing Indicator
This indicator helps to determine swing point highs and swing point lows. You can choose how many bars need to be checked to determine the major and minor swing points. Want alerts? The SwingPoints indicator with alerts is now available in the marketplace. If you use MetaTrader 5 SwingPointsMT5 is now available. Swing Point Highs and Lows … Read more

Higher Highs & Lower Lows Stochastic – indicator MetaTrader 5

Higher Highs & Lower Lows Stochastic - indicator for MetaTrader 5
Theory : According to Vitali Apirine’s article “Higher Highs & Lower Lows,”  in in February 2016 issue of TASC, the momentum indicator-based system HHLLS (higher high, lower low stochastic) can help to spot emerging trends, define correction periods, and anticipate reversals. As with many indicators, HHLLS signals can also be generated by looking for divergences … Read more