A ZigZag indicator based on the Volatility Stop has been developed. Users have the option to disable the display of points from the Volatility Stop within the indicator settings. The indicator is designed to recalculate with the opening of each new candle. This adjustment allows for increased flexibility in market trend analysis, providing users with refined control over visual data representation. The integration of the Volatility Stop enhances the ZigZag's capability to track significant price movements, supporting more precise decision-making in technical analysis. This adaptation serves traders requiring detailed tracking and adaptability for optimal market assessment.

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The MACD Histogram functions as the bar chart component of the MACD indicator. It calculates the difference between the MACD line and the Signal line to measure trend momentum, whether accelerating or decelerating. As bars lengthen above the zero line, buying momentum strengthens, whereas lengthening bars below indicate strengthening selling momentum. Shortening bars generally signify weakening momentum, suggesting potential trend reversals or consolidations. Bars crossing the zero line mark the crossover point between the MACD and Signal lines. While a strong signal filter, the MACD Histogram should be complemented with other indicators and thorough trend analysis for comprehensive insights.

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WaveWeisBarForce is a technical indicator designed to analyze market volume dynamics using the Weis wave methodology. It tracks and accumulates volumes within a trend, resetting when a directional change occurs. The indicator measures intensity by comparing the current wave volume to the largest recent accumulation, offering a window into market behavior. Input parameters include Volume_type, which allows selection between tick and real volume sources, and Intensity for determining the reference bar window.

The indicator provides visual cues with Bullish Levels (1 to 4) in shades of green from light to LIME, and Bearish Levels (1 to 4) from light red to RED. WaveMax highlights the highest volume bar per wave, while WaveClimax indicates when current wave accumulation surpasses historical records. This indicator supports various assets and timeframes...

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A reliable signal indicator for MetaTrader 5 has been developed, integrating the RSI and a Moving Average (MA) to generate trend-following signals. Ideal for manual traders and suitable as a signal source in Expert Advisors (EA), it provides a non-repainting and clean visual representation.

The logic utilized ensures clarity:
- A Buy Signal is triggered with a Blue Arrow when the closing price exceeds the Moving Average, indicating an uptrend, and the RSI is above 50, confirming bullish momentum.
- Conversely, a Sell Signal appears with a Red Arrow when the closing price falls below the Moving Average, indicating a downtrend, and the RSI is under 50, confirming bearish momentum.

Features include clean, commented code and fully adjustable parameters for RSI and MA periods. Standard MT5 buffers are employed, compatible with iCustom() in EAs.

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Noise Elimination Technology (NET) has been incorporated into an RSI indicator, functioning similarly to a rolling Kendall rank correlation coefficient. This implementation aids in determining the trend direction of a simple moving average (SMA). It is important to note that NET's trend assessment differs from the SMA slope, leading to occasional discrepancies between the slope and trend color changes. Users should consider using the color change indicator as a signal for potential trend shifts. Prior experimentation with the NET period is recommended to optimize the indicator's effectiveness for trading decisions. Adjustments to the NET period may influence its responsiveness and accuracy.

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ZigZag NK Sound Alerts is designed to notify users with sound, push notifications, or popup alerts when there's a change in the ZigZag bar. This indicator employs three buffers: two dedicated to the ZigZag function itself and one for coloring. By utilizing this tool, users can efficiently monitor ZigZag bar changes without constantly checking their terminals. It's beneficial for those seeking automated notifications to streamline their workflow and enhance market analysis. Such indicators can be integral in maintaining attention to key market shifts while managing multiple tasks effectively.

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A method involves dividing price by volume, using a simple moving average as the price metric. Despite its simplicity, there appears to be no significant predictive value in this approach for forecasting. While it provides a streamlined way to analyze price-volume relations, reliance solely on this method does not yield substantial insights for future price movements. It remains an exercise in examining basic market dynamics rather than a robust forecasting tool. The technique serves better as a supplementary analysis rather than a standalone system for predictions.

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Explore the technical construction of the Butterfly Oscillator, a novel indicator derived from the Butterfly Curve. This oscillator addresses the challenge of cyclical pattern detection and trading strategy development. Programmed in MQL5, it integrates seamlessly into MetaTrader 5, offering traders dynamic adaptability through bar count and price movement. The oscillator adapts to market conditions, with variable step sizes controlling sensitivity. This dual approach enhances predictive accuracy in identifying market entry and exit points. Supporting both long-term and short-term trading strategies, the Butterfly Oscillator is versatile for traders, recommended for integration into advanced trading systems on MetaTrader 5.

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