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Nick PSAR 2b with alert signal
Parabolic SAR for current timeframe and 3 next timeframes with Alert signals. Each timeframe can be selected from input parameters. Green arrow show beginning of up-trend, and red line show beginning of down-trend.
Input parameters are:
AlertsEnabled - true/false
TF4 - true/false – show PSAR of fourth timeframe
TF3 - true/false – show PSAR of third timeframe
TF2 - true/false – show PSAR of second timeframe
Step - PSAR step
Maximum - PSAR Maximum
http://mt4indicator.com/wp-content/u...with-alert.gif
Download NikPSAR2b indicator
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Sixths Screen
Indicator that divide screen to 6 equal parts, it is used in some systems as additional filter (Nanningbob system most known).
The rules are – not to trade inside green-white-green lines, this is take profit area. Open sell trades only above green line, or strong sell trades above yellow line. Open buy trades only below green line, or strong buy trades below yellow lines.
Indicator parameters:
BarCount – number of barst to count tha areas to devide. Default 120 (using 4Hours charts it will be one month).
http://mt4indicator.com/wp-content/u...ths-screen.gif
Download SIXTHS indicator
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TrueColors – gradient background in MT4
ndicator that draw nice looking gradient background in your Meta Trader terminal. It’s not easy one just to select color and make a gradient, each colors are mixed in ‘advanced’ way, but it produce really nice looking gradient background.
By default it draw blue background like on screenshot.
Input parameters are:
steps – how much colors should be adjusted
adjustred (1/0) – adjust red color or not
redweight - how much red color is multiplied comparing to others
adjustblue (1/0) – adjust red color or not
blueweight - how much blue color is multiplied comparing to others
adjustgreen (1/0) – adjust red color or not
greenweight - how much green color is multiplied comparing to others
http://mt4indicator.com/wp-content/u...und-in-mt4.gif
Download TrueColors indicator
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Chart Overlay
Indicator allow to draw second chart from another symbol on the same chart window, so you get two charts from different products in one place. It’s great to compare the difference between them.
Input Parameters:
SubSymbol – symbol name that will be shown in current chart
BullBarColor – the color of bullish bar
BearBarColor – the color of bear bar
GridColor – the color of the greed
Mirroring (true/false) – if chart needs to be mirrored
http://mt4indicator.com/wp-content/u...rt-overlay.gif
Download OverlayChart indicator
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Candle Relations v2
Indicator that will be useful with Japanese candle patterns, with graphic information it shows the relation of main part of the candles
Blue Line – candle body relation to all candle size
Green Line – candle upper shadow relation to all candle size
Red Line – candle lower shadow relation to all candle size
No input parameters, just colors.
http://mt4indicator.com/wp-content/u...-relations.gif
Download Candle-Relation_v2 indicator
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Linear Channels
ndicator draws linear channels on one price chart based on three different timeframes (by default – 1 hour, 4 hours and 1 day ). Also, indicator shows the current ranges for every channel. Line thikness is different for different timeframes.
Input parameters:
period1, period2, period3 – number of minutes in different for what draw the channels, default – 60,240,1440.
http://mt4indicator.com/wp-content/u...r-channels.gif
Download Linear-channels_v2.5 indicator
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Variation Index
Nowadays, the most popular representatives of the fractal time functions are the financial time series. The fractal structure of these series is well-known and aсcording to Mandelbrot there is a “rewording of the famous market saying that the movement of stocks and currencies is independent of the time scale and the price.
An observer can’t tell if the information refers to the weekly, daily or hourly changes just by looking at the appearance of the chart».
Usually, to determine the fractal dimension the Hurst’s exponent is calculated [2]. However, for the reliable calculation of this exponent a huge amount of data is necesary (~ 10^3) and that is too much comparing to the duration of the trends of trading.
The authors [1] interpose the fractal characteristics – the variation index (m) that is closely related to the common fractal dimension. In distinct from the
Hurst’s exponent, the amount of information that is necessary for index determination is less by a factor of 2. It leads to use it as a local characteristics for
determination of the dynamics of the price series. If m < 0.5, it can be interpretated as a trend and m > 0.5 – as a flat.
The suggested indicator calculates the variation index on a previous interval which is 2^n long. The “n” parameter is specified by the user.
http://mt4indicator.com/wp-content/u...tion-index.gif
Download Variation-index indicator
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Profit-Stop calculator
Useful indicator that calculate how much money you will got on reaching some levels, profit or stop loss. The open price, profit price and stop price are simply changed in easy way by moving appropriate lines on the chart.
All information is shown in top left corner.
Input parameters:
calc_lots – number of lots that you will trade
commission - if you are trading futures the commission will be taken
stock_in_lot – number of stocks in one lot, if you are trading stocks
OpenLineColor - the color of open line (default – green)
ProfitLineColor - the color of profit line (default – gold)
StopLineColor - the color of stop line (default – red)
http://mt4indicator.com/wp-content/u...calculator.gif
Download Profit-Stop-Calculator indicator
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Combo Bars Intraday
Indicator combine several intraday charts to one window.
The system is used to trade using volume levels. Originally it was introduced to volFix but this indicator is doing the same in Meta Trader.
Input parameters:
CombAmount - number of combos to show in one chart
CombPeriod - number of bars to use (60 for hourly combo charts, 120 for 2 hours combos, 240 for 4 hours)
ShowOnlyShadows (true/false) – how to draw bars, only shadows (single horizontal line), or full candle
ShadowWidth - width of shadow price bar
FontAngle - font angle that is used to show date
FontSize - font size
Combo charts colors
http://mt4indicator.com/wp-content/u...s-intraday.gif
Download combo_bars_intraday_1.4 indicator
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Combo Bars Weekly
ndicator combine several weekly charts to one window. It may also draw daily period separators for them.
The system is used to trade using volume levels. Originally it was introduced to volFix but this indicator is doing the same in Meta Trader.
Input parameters:
CombAmount - number of weeks to show in one chart
MT4TimeZone - terminal time zone, to show correct period separators
ShowPeriodSeparator (true/false) – draw period separators (daily)
PeriodSeparatorColor
ShowOnlyShadows (true/false) – how to draw bars, only shadows (single horizontal line), or full candle
ShadowWidth - width of shadow price bar
FontAngle - font angle that is used to show date
FontSize - font size
Combo charts colors
http://mt4indicator.com/wp-content/u...ars-weekly.gif
Download combo_bars_weekly_1.3 indicator