As simple as it gets, channels based om high, low and ATR distances, Shows possible short term support / resistance or can be used as tp/sl in some trading systems https://c.mql5.com/18/101/Capture_cb__7.png https://c.mql5.com/18/101/Capture__14.png Recommendations: in this form it is not meant to b...

From Mladen Rakic: Williams %R, WPR, or just %R, is a technical analysis oscillator showing the current closing price in relation to the high and low of the past N days (for a given N). It was developed by a publisher and promoter of trading materials, Larry Williams. Its purpose is to tell whether...

This is a mt5 version of stochastic averages digital kahler with a choice of the 41 averages for smoothing the stochastic, also has a choice of the 30+ price options.

From Mladen: One more experiment : half trend that can be applied to price(s) or any other indicator - the possibility for custom indicators that exists for metatrader 5. That possibility (unfortunately) is not possible for metatrader 4 custom indicators. On the example bellow, on the main chart it...

This is a jurik smoothed version of Mladen's version of Ehlers inverse fisher transform.

adxvma levels (mtf + alerts + btn), I think it is one of the best indicators of the forum in 2022, it can be included in the top ten. :thumbup: Looking forward to the teacher adapting it to MT5 version. The merits are immeasurable! Made this mt5 version, not sure about the on/off button yet though.

Weighted deviation bands from Mladen Rakic:

Variation of the Bollinger bands but it uses linear weighted average and weighted deviation.





Recommendations:
* Use it as any Bollinger type indicator

From Mladen Rakic: Momentum is usually used for trend or price change direction assessment. This indicator changes that in some way. The stops are calculated using the smoother momentum and the direction of the stops is determined based on the smoother momentum. Apart from direction of the trend, t...

FLICKERS wrote: Mon May 22, 2023 4:53 pm AH eventually i got one for mt5 thanks for guide please can you help to sauce it up with alert and arrow plust the vertical lines when color changes based on 365 setting.

Had another version from Mladen I added arrows and alerts too. About lines don't know how to do them on mt5.

太虚一毫 wrote: Wed Oct 25, 2023 1:38 pm Expect teachers to add Ahrens moving average, Deviation scaled MA - DSCMA to Rex - extended (mtf) .ex5.

Of course, it would be better if you added the full average. I personally like Ahrens MA, DSCMA.

The merit is immeasurable!

Added the averages.