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Daily M Pivots 5 *
Daily M Pivots.

Central Pivot = Black
Support (S1, S2, S3) = Blue
Resistance (R1, R2, R3) = Red

Blue dash lines are the M pivots.

Very accurate daily pivots for MT4. I have been using these for 4 months, and use them on my 1 hour chart.

The only draw back is if your MT4 platform uses Sunday data the pivots on Mondays are off. I am not a coder and unable to change that (I have asked the author to do a version for platforms that use Sunday Data). However the other 4 days very accurate. If your platform does not use Sunday data then the pivots are excellent for all 5 days.

I did not code this but I have asked and been given permission from the author to post these.


Category MetaTrader 4 Indicators 
 
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Details: Daily M Pivots
Category: MetaTrader 4 Indicators 


August 21st, 2010
Size: 12.59 KB
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Keywords: daily mt4 pivots pivots. for
ZigZag Parabolic (MetaTrader) 4 *
ZigZagOnParabolic MetaTrader indicator based on two standard MT4/MT5 indicators ZigZag and Parabolic SAR, it tries to show an improved version of the first one by marking the extrema of the chart with a smaller delay. Standard ZigZag looks for new extremum by searching the percentage deviation of the price from the previous extremum. This new ZigZag does so by looking at the Parabolic SAR indicator. Both ZigZag and the Parabolic SAR are drawn atop of the chart.

Input parameters:

  • Step (default = 0.02) one of the parameters of the standard Parabolic SAR indicator.
  • Maximum (default = 0.2) another parameter of the standard Parabolic SAR indicator.
  • ExtremumsShift (default = true) if true then the extrema are shown at their actual places; if false then the extrema are shown at the points in time when they were detected. Useful to see the delay between the actual extremum appearance and its detection point.
  • History (default = 0) amount of bars to use for calculation of the indicator. Change only if your PC is really slow. 0 all bars are used in the calculation.


Category MetaTrader 4 Indicators 
 
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Details: ZigZag Parabolic (MetaTrader)
Category: MetaTrader 4 Indicators 


December 20th, 2009
Size: 3.60 KB
Downloaded: 215 times

Keywords: metatrader mq4 mt4 zigzag parabolic
Laguerre (MetaTrader) 5 *
Laguerre MetaTrader indicator a completely custom indicator that doesn't rely on the standard MT4/MT5 indicators. It shows the weighted trendline in the separate window of the chart. It can be used for easy entry and exit signals.

Input parameters:

  • gamma (default = 0.7) multiplier that is used in the line's levels calculation. The higher it is the smoother is the line.
  • CountBars (default = 950) the maximum amount of bars for which to calculate this indicator. Set as high as possible if you don't experience performance problems.


Category MetaTrader 4 Indicators 
 
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Details: Laguerre (MetaTrader)
Category: MetaTrader 4 Indicators 


December 20th, 2009
Size: 2.74 KB
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Keywords: laguerre metatrader mq4 mt4
Murrey Math Lines (MetaTrader) 5 *
Murrey Math Line X MetaTrader indicator a pivot line indicator that will definitely help every trader that know how to trade with support, resistance and pivot lines. It displays 8 different lines (with possible additional lines) on the main chart, helping you to find the best points to sell, buy and exit the positions.
Input parameters:

  • P (default = 64) period in bars or in other periods (set by MMPeriod), on which the lines will be calculated. The lower is the number the more current but less accurate calculations will be.
  • MMPeriod (default = 1440) a basic period in minutes (60 for hourly pivots, 1440 for daily pivots, 10080 for weekly and 43200 for monthly); if greater than zero, indicator will use P amount of MMPeriod minutes to calculate its lines. If zero, indicator will use P amount of the current chart bars to calculate its lines.
  • StepBack (default = 0) a shift back for calculating the lines (in the current bars or in number of MMPeriod (if set) minutes).
  • Other parameters affect only visual parameters of the lines.


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Details: Murrey Math Lines (MetaTrader)
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December 20th, 2009
Size: 13.11 KB
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Keywords: math murrey metatrader mt4 mq4
 


 
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