Indicators Lab

Looks like he wants to know what the Market Makers are up to........................

Candle Currency Power


This indicator displays each currency power (0-7) on each candle.
Power of the first currency in the symbol name displays above the candle, while Power of the second currency displays below the candle.
A power of 7 means the currency is UP against all other 7 currencies.

Input Parameters

1. First Currency Label Color : The color of the power number label of the first currency in currency pair name (e.g. for Euro in EURUSD)
2. Second Currency Label Color : The color of the power number label of the second currency in currency pair name (e.g. for US Dollar in EURUSD)
3. Show Labels : Enable/Disable labels. Disabling is useful when calling the indicator from an Expert Advisor, otherwise it should enabled.
4. Label Font Name : Font name of the number labels (e.g. Arial, Tahoma ... etc)
5. Label Font Size : Font size of the number labels (e.g. 10, 12 ...etc)
6. Label Shift in Points : Distance in points above/below the candle to show number labels

Sample Chart :

Supported Pairs:

1. EURUSD,GBPUSD,USDJPY,AUDUSD,NZDUSD,USDCAD,USDCHF
2. EURGBP,EURJPY,EURAUD,EURNZD,EURCAD,EURCHF
3. GBPJPY,GBPAUD,GBPNZD,GBPCAD,GBPCHF
4. AUDJPY,AUDNZD,AUDCAD,AUDCHF
5. NZDJPY,NZDCAD,NZDCHF
6. CADJPY,CADCHF
7. CHFPY

When attached to a non-supported pair, the indicator will show an alert message and get removed from the chart.
Example : EUR/USD H1. The indicator shows EUR power above the candle, and USD power below the candle.

Note : The 8 major currencies and their crosses should be available in the market watch. However, charts need not be open.

Happy Trading,

Khalil Abokwiak

Sandwiched Bar

Sandwiched Bar or Sandwiched Candle indicator shows an arrow above High or below Low of a prospect "sandwiched candle".

Input Parameters

1. Previous Directional Bars : The number of consecutive bearish/bullish bars before the sandwiched bar.
2. Arrow Display Distance : Display distance in points above/below high/low of sandwiched bar.
3. Show Alert : Show alert message of possible signal
4. Send E-Mail : Send e-mail message of possible signal
5. Send Mobile Push Notifications : Send push notification message to mobile phone of possible signal
6. Print Message in Terminal Log : Print message of possible signal to Experts Log

Bullish Signal: when a Bearish Candle closes after a number of Bullish Candles, where the trader can open a pending buy stop order above the high of the Bearish Candle. The pending order will trigger once the Bearish Candle becomes "Sandwiched".

Bearish Signal: when a Bullish Candle closes after a number of Bearish Candles, where the trader can open a pending sell stop order below the low of the Bullish Candle. The pending order will get triggered once the Bullish Candle becomes "Sandwiched".

ATR Channel Break Out with MA Filter

This is a special momentum indicator that shows Buy signals when Price breaks the upper ATR price channel, and Sell signals when Price breaks ATR price channel.
Signals can be filtered by a custom Moving average on a selected time frame.
Repeated signals of same type can be shown or hidden.
Channels also can be shown or hidden.

Input Parameters

1. ATR Period : Number of bars used for ATR indicator
2. ATR Multiplier : Multiplier Factor. Used in calculating the Channel Distance from open price
3. Show Channels : Show/Hide Channel Lines
4. Show Duplicate Signals : Show/Hide consecutive signals of same type
5. Higher TF Trend Filter MA : Enable/Disable trend filter (Moving Average)
6. Trend Higher TF : Time frame used for Moving Average (i.e. H4, D1 ... etc)
7. Trend MA Period on Higher TF : Period used in calculating MA on higher time frame (e.g. 21, 34, 50 ... etc)
8. Trend MA Method on Higher TF : Method used in calculating MA on higher time frame (e.g. Simple, Exponential ... etc)
9. Alert : Enable/Disable Alerts

Great thread as always abokwaik..I am huge fan off your works..Have you considered creating an indicator that will plot lines for stop loss levels based on ATR , Parabolic SAR , Fractals and Moving averages.Atached a screenshot which shows what the indicator should display on the chat.I hope you consider my suggestion.

This caught my attention Khalil. Looks very interesting. Is it possible to add an option to show only Power at a given threshold/number? For example show only Labels on Candles with Power of 7?

Hi Abokwail

just wondering if you still have time to build.
plot tick box on the 1min chart indicator.

Thanks again for your time.

Great thread..!

Hi LITE, Long time no see . I hope you're doing will buddy.
Your request is on my list.

Hi redfan,

Sorry, I couldn't find a way to read the Tick Chart (max and min prices) from an indicator/EA.

Best Regards,
Khalil

GAP Finder

This indicator plots up arrow for bullish gaps and down arrow for bearish gaps.
It also can plot a cross for a closed gap or hide it.
Trader can select the minimum gap size in points. Gaps less than minimum size are ignored.
Input Parameters:

1. Min gap size in points : Minimum number of points for valid gaps
2. Check for closed gaps : Enable/Disable history check for closed gaps
3. Max history bars for closed gaps : Max number of history bars to check for closed gaps
4. Hide closed gaps : Hide/Show closed gaps
5. Show Alerts : Show alert messages of new gaps and closed gaps

Example showing both open and closed gaps

Same chart showing only open (fresh) gaps

Attached Image (click to enlarge)

Suggested Usage:

1. New open gaps can be used as entry filter in the same direction of the gap.
2. Old open gaps can be used as targets for opposite direction trades.
3. ....

Thanks.

Parabolic SAR , Fractals and Moving averages : Can be attached directly to the chart, so I don't see the need. Unless you want them to read from higher time frames.
As for ATR, I think the ATR_Channels indicator developed by Luis Guilherme Damiani (attached) can serve the purpose.

ok thank for looking.

Thanks buddy, you are doing awesome work as always...

Hello Abokwaik, is it possible to code an indicator that highlight all candles that are outside ( open and close ) bollinger bands ?
Thanks a lot.

tHANKS Abokwaik for your concern and generosity.Fortunately for me I found a beautiful EA that trails stops by
ATR
Extremus of candlesticks
Fractals
Parabolic SAR
MA Indicator
Profit %
By points

Such a beautiful EA for trailing.I am currently testing and EA is doing exactly what it says.Very good EA for scalping.

Execution Time Tester

This is an Expert Advisor, however it is not meant to trade but to show Broker Execution Time.

It measures the broker execution time in milliseconds, and displays the Average, Maximum and Minimum execution times.
Every 10 seconds, it opens a buy stop order far away from current price (1.5 x Ask) and modifies the created order by 2 pips then deletes it.
Screenshot and Stop buttons are available for user control.
Results might be affected by the internet speed.

What sort of numbers are we looking for,

Attached Image

The most important numbers are the AVG and the MAX.
Looking at your chart and mine, it means that on Average my Broker (402 ms) is faster than yours (737 ms), and they are both LOUSY.

This information is important for Scalping System developers, and for traders using those systems, because scalping systems send too many order modification requests in one minute. I worked on systems that send over 50 modification requests in one second.
In order for these scalping systems to work as designed, they should be ran with very low latency.

Broker provided VPS, or VPS (located very near to broker servers) is the best choice for such scalping systems., where execution time can go down to less than 10 ms.

Hello Abokwaik,

anything new about this baby here?

regards
FXE