In 1989, during the day trading Nick Scott, a successful trader in bonds, found that the Camarilla equation uses a truism characteristic to define market action, namely the fact that the majority of the time series tend to go back to the mean. In other words, when the market has a large spread between the high and low of the previous day, he seeks to turn around and go back to the previous day’s close. Camarilla Equation uses complex mathematics to deduce 8 levels using only yesterday’s opening price, high, low and close. However, these levels affect its accuracy against day trading even experienced traders who know about the support and resistance levels, reversal, etc.
Input parameters
Limit – limiting the number of bars for the calculation
Channel Projection Fibonacci correction levels – is a term used in the technical analysis relating to the support region ( price will not go below) or…
Dashboard Critical Support and Resistance Demo For information on the complete version using this link. For information about the version of one pair by…
Fibonacci correction levels – is a term used in the technical analysis relating to the support region (price will not go below) or resistance (the price will not go above). Fibonacci retracement levels of use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels, after which the trend will continue in the original direction. To create these levels first trend line is constructed between the maximum and minimum points, and then the vertical distance divided by key values Fibonacci 23.6%, 38.2%, 50%, 61.8% and 100%.
Fibonacci correction – a very popular tool among many traders use technical analysis, the ability to identify strategic places for trade opening, installation level take-profit and stop-loss. correction term is used in many indicators, such as levels of Tyrone, Gartley patterns, Elliott Wave Theory, and more. After a significant price movement up or down, the new support and resistance levels are often found on these lines or near them.
Input parameters
Limit – limiting the number of bars for the calculation
Auto Trend Channel Auto Trend Channel Indicator shows the direction of the trend, as well as displays the dynamic support and resistance levels. If the…
Channel Projection MT5 Fibonacci correction levels – is a term used in the technical analysis relating to the support region ( price will not go below)…
Proper risk management – a distinctive feature of successful traders,
helping to stably operate at vysokovolatilnom market. Portfolio
rational investor assets are usually well diversified to
reduce the overall risk. Ideally, any balanced portfolio not
It must contain a strongly correlated assets to a loss of one of the
They did not result in a loss for the other. Indicator Correlation Calculator
It determines the nature of the correlation (positive, negative) and its effect on a scale of
-1 (-100%) to 1 (100%). Correlation
Calculator works with the tools presented in the “Overview market. “The indicator shows the highly correlated with each other
tools that you have not opened for him the position, otherwise you’re just
You double your risk.
application
Start on the graph indicator
Select from the drop down list of two tools that you want to check for a correlation
Select timeframe (H1, H4, D1, W1, MN) for calculating the correlation. D1 is default
Enter the correlation period (default is 20). The period may be less than 10
You will see the effect of correlation in the range from -100% to + 100% and the arrow. The red arrow indicates inverse correlation (If one instrument rises, the other falls) Green arrow indicates a direct correlation (Both tools moving in one direction).
+100%
It is extremely strong direct correlation -100% – very strong
inverse correlation of 0 indicates complete lack of correlation.
recommendations
With a strong direct correlation between the instruments
(>= 65%) can be opened two opposite positions, for example,
EURUSD and AUDUSD (a kind of hedging)
With a strong inverse correlation between the tools (>=
-65%) can be opened two unidirectional position, for example on EURUSD and USDCHAF
Also
the indicator can be used simply to identify strengths
correlating tools, not to open a position on each of them
simultaneously
The indicator is not intended to be used alone. He does not give
signals to buy / sell. Use it as part of your
strategies for risk management.
Precision Support Resistance MT4 Support and resistance – important price levels on the intraday market . These levels are usually tested price, after…
Binary Reverse Powerful system for binary options trading and intraday trading . The indicator is not redrawn, and does not change his testimony. Binary…
Indicator MAi – this nonretarded set of moving averages.
thanks MAi you will finally be able to trade in real time without delays, your transaction will be more accurate and efficient.
List of moving averages and combinations with an average of Hull available below in the section of code.
You can run multiple instances of the indicator MAi simultaneously for all timeframes. Thus it is possible to test and compare the results with different settings.
Like all of our indicators in MAi integrated technology “Testing of the runner on the story“.
The program can work in two automatic modes:
1. Runner Mode
Activated when run on indicatorchart or visual testing.
You can test / adjust the light on the stories with the included “slider” with up to 32,767 bars.
During visual testing you can run on the chart indicator and easily adjust the input parameters. The tester (Only) of the slider mode, you can go out pressing the <Esc>.
Allowing you to easily switch between timeframes in the selected position, and compare the results.
All this makes the light easy-to-use trend trading system for beginners, advanced and professional traders.
How to trade on MAi?
It’s very simple. If MAi line goes up – buy, if goes down – sell.
Also, there are other options (two copies with different settings – when one line crosses another, as well as the use of other indicators).
It is recommended to run multiple instances of indicators on different timeframes with different settings to achieve the best results (M5, M15, H1, H4).
The indicator builds horizontal channels. If the price breaks the boundary of the channel, the channel shifts. The boundaries of the channel are support and resistance levels, and the zones bordering the channel boundaries may be used as perekuplennosti and pereprodannosti zone. IndicatorChannels for prices perfectly It operates at a sideways trend paired with indicators such as the Stochastic, RSI and working as a confirming indicator.
display Setting very simple (you can not change anything) and consists of two units:
Block 1 setting for grid spacing timeframe in which the expert is set.
Block 2. Customize the color of the indicator solution.
Read the indicator may be in the strategy tester, as well as you can download a free trial version (Only EUR / CHF and EUR / GBP, timeframe M1 and M30)
hopefully indicator Channels for prices will be useful for you and if so, put a finger up to me as the author would be very nice! Thank you!
AcChannelMTF AcChannelMTF – multiple timeframe version of indicator AcChannel (https://www.mql5.com/ru/ market /product/16972). Characterized by the fact…
Precision Support Resistance MT4 Support and resistance – important price levels on the intraday market . These levels are usually tested price, after…
TrendChoice This indicator under each candle draws a horizontal line of blue or red, which indicates the direction of the trend. The blue line indicates…
The indicator is a complex four-way histogram. Opening position in a predetermined direction may coincide with primary colors of all pixels vertically. The color point is fixed after the close of the current bar and is not redrawn. The initial parameters are set for M15 timeframe. I recommend to use in conjunction with other indicators system “Omega”.
Options
Maximum bars to calc – calculating the number of bars indicator (to save PC resources)
1st ind period – period calculating a first indicator
1st ind smoothing period – first indicator smoothing period
1st ind smoothing method – method of smoothing the first indicator
2nd ind period1 – second calculation period indicator
2nd ind period2 – second calculation period indicator
2nd ind price1 – Price used the second indicator
2nd ind price2 – Price used the second indicator
2nd ind mul – second coefficient indicator
2nd ind calc mode – calculating a second mode indicator
3rd ind period1 – third calculation period indicator
3rd ind period2 – third calculation period indicator
3rd ind period3 – third calculation period indicator
3rd ind period4 – third calculation period indicator
3rd ind price1 – Price used the third indicator
3rd ind price2 – Price used the third indicator
3rd ind price3 – Price used the third indicator
3rd ind price4 – Price used the third indicator
3rd ind mode – mode of calculation of the third indicator
3rd ind smoothing1 – method of smoothing the third indicator
3rd ind smoothing2 – method of smoothing the third indicator
3rd ind smoothing3 – method of smoothing the third indicator
3rd ind smoothing4 – method of smoothing the third indicator
3rd ind smoothing5 – method of smoothing the third indicator
3rd ind smoothing6 – method of smoothing the third indicator
3rd ind mul1 – third coefficient indicator
3rd ind mul2 – third coefficient indicator
4th ind period1 – fourth calculation period indicator
4th ind period2 – fourth calculation period indicator
4th ind smoothing – the fourth indicator smoothing method
