All about Oscillator & Histogram

Indicator_Strength


These indicator have 3 Choice [ MA ; MACD ; Stochastic ] for displays in histogram form.

The difference between either :

1. MA_Power=true ~ a fast and slow Moving Average.

2. MACD_Power=true ~ main and signal lines of a MACD indicator.

3. Stochastic_Power=true ~ main and signal lines of a stochastic indicator.


Only one option can be choosen (default is [MA] Moving Average) at any one time, although another indicator can be opened for another option.

This indicator also displays average (strength) levels of difference values above and below the zero line. The feature can be disabled (Set_Levels=false).
This indicator is meant to gauge the power/strength behind a price move.

divergencepetr_s7


Description:

Indicator to trade Divergence.
To determine the divergence can select one of 30 oscillator.

Indicator:

• extreme peaks in the form of dots (red - the highs and yellow - a minimum);
• Divergence using segments connecting the extremes;
• support / resistance lines in the form of rays passing through the extremes;
• Channels in the form of rays.

Choosing the right oscillator is held in the first line of entering the number of the oscillator - parameter Osc. By default, the indicator RSI (number 29).

Code:

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Selecting oscillators:

      1. Accelerator
      2. Accumulation / Distribution
      3. Average Directional Movement Index
      4. Average True Range
      5. Awesome oscillator
      6. Bears Power
      7. Bulls Power
      8. Commodity Channel Index
      9. DeMarker
    10. Force Index
    11. Momentum
    12. Money Flow Index
    13. Moving Averages Convergence / Divergence
    14. Moving Average of Oscillator
    15. On Balance Volume
    16. Relative Vigor Index
    17. Standard Deviation
    18. Stochastic Oscillator
    19. Volume
    20. Close
    21. Open
    22. High
    23. Low
    24. (H + L) / 2
    25. (H + L + C) / 3
    26. (H + L + C + C) / 4
    27. (O + C + H + L) / 4
    28. (O + C) / 2
    29. Relative Strength Index
    30. Larry Williams' Percent Range
    31. ... Relative Strength Index 


The list of parameters to adjust:

•   Osc = 29 - the number of the oscillator;
•   TH = true - bearish divergence;
•   TL = true - a bullish divergence;
•   trend = true - support / resistance lines;
•   convergen = true - hidden divergence;
•   Complect = 1 - the distinguishing index of the indicator on the chart;
•   BackSteph = 0 - number of steps backwards h;
•   BackStepl = 0 - number of steps back l;
•   BackStep = 0 - number of steps backward;
•   qSteps = 1 - the number of displayed steps, not more than three;
•   LevDPl = 5 - level points DeMark (2 = central bar will be above (below) the two bars on the left);
•   LevDPr = 1 - level points DeMark (2 = central bar will be above (below) the two bars on the right);
•   period = 8 - period for iADX, iATR, iBearsPower, iBullsPower, iCCI,  iDeMarker, iForce, iMomentum, iMFI, iRVI, iStdDev, iRSI, iRSI, iWPR;
  
•   ma_method = 0 - averaging method for iStochastic, iStdDev, iForce;
•   ma_shift = 0 - the average for the shift iStdDev;
•   applied_price = 4 - price type for iRSI, iRSI, iStdDev, iOBV, iOsMA,  iMACD, iMomentum, iForce, iCCIiBullsPower, iBearsPower, iADX;
  
•   mode = 0 - the index of the line for iStochastic, iRVI, iMACD, iADX;
•   fast_ema_period = 12 - the average for the period of rapid iOsMA, iMACD;
•   slow_ema_period = 26 - the period for slow average iOsMA, iMACD;
•   signal_period = 9 - the period of the signal line to iOsMA, iMACD;
•   Kperiod = 13 - K for the period of line iStochastic;
•   Dperiod = 5 - D line for the period iStochastic;
•   slowing = 3 - moderation iStochastic;
•   price_field = 0 - the type of prices for iStochastic;
•   showBars = 1000 - if = 0, the indicator is shown for the entire chart;
•   Trend_Down = true - the line resistance;
•   Trend_Up = true - line support;
•   TrendLine = true - support / resistance lines;
•   HandyColour = true;
•   Highline = Red - the color channel HL;
•   Lowline = DeepSkyBlue - color channel LL;
•   ChannelLine = false - channels in parallel trend lines;
•   Trend = 0 - 1 = only UpTrendLines, -1 = only DownTrendLines, 0 = all TrendLines;
•   Channel = false - channels;
•   Regression = true - channel linear regression, false - the standard deviation of the channel;
•   RayH = true - beam channel High;
•   RayL = true - beam channel Low;
•   ChannelH = Red - the color channel High;
•   ChannelL = DeepSkyBlue - color channel Low;
•   STD_widthH = 1.0 - sets the size of the deviation for the object CHANNEL High;
•   STD_widthL = 1.0 - sets the size of the deviation for the object CHANNEL Low;
•   comment = false - Displays comments;
•   code = 159 - Code for the Wingdings font symbol to denote the extrema;
•   BuyStop = false - levels BuyStop;
•   SellLimit = false - levels SellLimit;
•   SellStop = false - levels SellStop;
•   BuyLimit = false - levels BuyLimit.   

Advice:

•   Color oscillator and extreme points of customizable tab Colors.
•   When installing more than one indicator to the chart to change parameters Complect.   

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Examples:

https://c.mql5.com/18/38/eurusd-f-h4...7-osc-1e10.png

https://c.mql5.com/18/38/eurusd-f-h4...7-osc-4t1r.png

https://c.mql5.com/18/38/eurusd-f-h4...7-osc-5e1p.png

https://c.mql5.com/18/38/eurusd-f-h4...-osc-10i1c.png

MBMCD


Indicator as a demonstration based on the idea MaByMa can estimate the speed (lineCount = 1), acceleration (lineCount = 2) and other derivatives of the moving average or the price at the option ma = 1. The indicator looks like macd - and indeed convergence and divergence allow us ma information on the average rate of change of the price (rate of change). Compared with macd - indicator provides much more opportunities. You should be able to receive the following derivatives of 4 mA, and after small changes in the code and how many you want.

The fact that the receipt of a signal of trend reversal on the principle mabyma, much superior to signaling systems on the basis of MA crossing is well demonstrated in my publication entitled mabyma . By this I think that it is time to abandon the systems on the basis of convergence MA and move to more advanced systems based on MBMCD. That is replace MACD - MBMCD.

Default color chosen for use on a dark background.


Options:

Ma - Masha on which to build indicator. When ma = 1 the price.

mbm - Velocity convergence Masek - roughly average speeds.

lineCount - line betting the higher the number the more eign signal will be from 1 to 5 it.
When lineCount = 1 we get the speed, lineCount = 2 acceleration and so on. The parameter must be greater than 0 and less than or equal to 5.

Attachment 14987


MEMO : MaByMa posted in All about MA & Variant thread's

Awsome...

thanks for sharing

best regards

Quote:

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Originally Posted by Tsar

Indicator_Strength


These indicator have 3 Choice [ MA ; MACD ; Stochastic ] for displays in histogram form.

The difference between either :

1. MA_Power=true ~ a fast and slow Moving Average.

2. MACD_Power=true ~ main and signal lines of a MACD indicator.

3. Stochastic_Power=true ~ main and signal lines of a stochastic indicator.


Only one option can be choosen (default is [MA] Moving Average) at any one time, although another indicator can be opened for another option.

This indicator also displays average (strength) levels of difference values above and below the zero line. The feature can be disabled (Set_Levels=false).
This indicator is meant to gauge the power/strength behind a price move.

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Strength indicator seems to be excellent in combination of all 3...

Have you tried before in live or demo trading? Any suggestions or results....Also does this repaint?

thanks

ImpulseOsMA & alerts


These OsMA [Oscillator of Moving Average] with Impulse & included Alerts

PricePercentRange - indicator for MetaTrader 4

This indicator can be used to estimate the direction of the trend in caswe we are using our trading system to decide concerning buy/sell trade for example (and when to open the trades).

The rules about how to use the indicator:

Quote:

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Price(%)Range is the indicator for the MetaTrader 4, which calculates the price movement based on percentage High (Highest) and Low (Lowest) price on 100 bars. The indicator will provide alerts when price changes direction.

This indicator is only appropriate for trading Trend.
If the Trendline is Red, it is recommended only "open sell order" if the smallline and the direction of the arrow stating "Down", and vice versa if the Trendline colored Blue.

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Attachment 18146

Attachment 18147

Constance Brown's Derivative Oscillator was published in her book "Technical Analysis for the Trading Professional". The oscillator uses a 14-period RSI . The RSI is then double smoothed with exponential moving averages . The default settings for the smoothing periods are 5 and 3. In a second step a signal line is generated from the smoothed RSI by calculating a simple moving average with a period of 9. The Derivative Oscillator is calculated as the difference between the smoothed RSI and the signal line and displayed as histogram.

Attachment 19245

The formula is:
EMA(EMA(RSI(14), 5)), 3) - MVA(EMA(EMA(RSI(14), 5)), 3), 9)

The Derivative Oscillator is a triple smoothed RSI that incorporates two EMA's and one SMA. It was specifically developed to resolve problems associated with complex market corrections where data becomes choppy and congested. Second, it was developed for reentering when there is a very strong trend. Both problems would seem contradictive, but in fact it can be used as a guide in both environments. It is meant to be used with mentioned environments and not all the time. It is not recommended in time frames below 30min.

The article (pdf file about how to use this indicator for entry and exit) - attached (in RAR archive by 4 pages).
LUA script is attached too (inside DEROSC.zip file).

David Weis a veteran VSA teacher commercialized his Weis Wave indicator which is considered as A Modern Adaptation of the Wyckoff Wave & Volume. Get introduced about Weis wave reading the description “Weis Wave Plugin_ A Modern Adaptation of the Wyckoff Wave & Volume” from:
Weis Wave Plugin: A Modern Adaptation of the Wyckoff Wave & Volume


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quick symbol changer
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BBands_Stop Histo_v3.2 600+ indicator is on this post. This is the updated multitimeframe BBands_Stop Histo indicator with the new set of MAs and will all kinds of alert incl email alert and push notification. This version works with Metatrader 4 build 600 and above.

Attachment 26929

Hilbert SineWave
- HilberSineWave_v1 indicator is on this post.
- HilbertSineWave_v1 600+ indicator is on this post and Igorad's MTF version is on this post. This version works with Metatrader 4 build 600 and above.

Market Mode
- MarketMode_v2 indicator is on this post.

AdaptiveBBands
- AdaptiveBBands_v1 indicator is on this post.
- AdaptiveBBands_v2 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.
- AdaptiveBBands_v2.1 600+ indicator is on this post. The indicator is having advanced popup/email/push alerts.This version works with Metatrader 4 build 600 and above.

Ehlers Universal Oscillator
- UniversalOscillator_v1 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.

Decycler
- SimpleDecycler_v1 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.
- DecyclerOscillator_v1 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.

CycleGenerator
- CycleGenerator_v4.1 indicator is on this post. This version works with Metatrader 4 build 600 and above.

BDV indicator
- AdaptiveBDV_v1.0 600+ indicator is on this post. This is the Adaptive BDV indicator with the new set of MAs. This version works with Metatrader 4 build 600 and above.

AllStochastics Predictor
- AllStochastics Predictor_v4.5 600+ indicator is on this post. This is the AllStochastics Predictor indicator which is similar to the LMS Predictor described in the article 'LINEAR PREDICTION By John Ehlers'. This version works with Metatrader 4 build 600 and above.

Phase Adaptive indicator
- Phase Adaptive_v1.0 600+ indicator is on this post. This is the Phase Adaptive indicator which developed according to article with the option to use the adaptive cycle period. This version works with Metatrader 4 build 600 and above.

Band-Pass Indicator
- Band-PassIndicator_v1.0 600+ indicator is on this post. This is the Band-Pass Indicator from the last book 'Cycle Analytics for Traders' (Chapter 5). This version works with Metatrader 4 build 600 and above.

Zero Crossings Period Measurer indicator
- ZeroCrossingsPeriodMeasurer_v1.0 600+ indicator is on this post. This is the Zero Crossings Period Measurer indicator from Cycle Analytics for Traders' book. This version works with Metatrader 4 build 600 and above.

Dominant Cycle Measurer
- DominantCycleMeasurer_v1.0 600+ indicator is on this post. It's just one more method of the Dominant Cycle Computation described in the 'Cycle Analytics for Traders' (Chapter 5). This version works with Metatrader 4 build 600 and above.

Premium section news:

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VolatilityOscillator Adaptive
- VolatilityOscillator Adaptive_v1.0 600+ indicator is on this post. This indicator was coded according to the following article: Stocks & Commodities V. 35:08 (8–12, 38): Volatility Oscillator by Vitali Apirine

Open Interest - indicator for MetaTrader 5

Attachment 31162

Quote:

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If the indicator bar is blue, open interest has grown since the bar emergence, if red, open interest has decreased.

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Trend Wave Oscillator for overbought/oversold levels

Code:

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extern int        WavePeriod    = 10;      //Wave Period
extern int        AvgPeriod      = 21;      //Avg Period
extern bool      SoundAlert    = FALSE;    //Sound Alert
extern bool      EmailAlert    = FALSE;    //Sound Alert

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Attachment 32507

XO - indicator for MetaTrader 5

Attachment 35295

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Vary well known XO indicator seems to be missing in a simple form for metatrader 5. Here is a version that is simple to use and fairly fast in execution.

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XXDPO_Candle_Alerts - indicator for MetaTrader 5

Attachment 35666

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Indicator XXDPO_Candle can provide alerts and send email and push notifications when trading signals occur. Possible signal options:

• Zero breakthrough by the candle;
  
• Changing candle movement direction;
  
• Overbought or oversold levels breakthrough;
  
• Exiting overbought or oversold areas.

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Momentum smoothing - indicator for MetaTrader 5

Attachment 36577

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The Momentum smoothing indicator allows you to set four types of smoothing for the standard iMomentum (Momentum):

• Simple averaging
• Exponential averaging
• Smoothed averaging
• Linear-weighted averaging

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MTF BandPassIndicator
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BandPassIndicator_v1.02 indicator is on this post. This is MTF version (and fixed version).

TrendSize - indicator for MetaTrader 5

Attachment 37718

Quote:

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The indicator provides a lot of information for analysis. A trend change occurs when a maximum is broken, a minimum for N (Range parameter) bars.

The main use strategy is that if the histogram of the indicator starts to take bright colors, then it is probably too late to enter the direction of the trend.

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Premium section news -

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AllRex Divergence_v1.1 600+ indicator is on this post. This is the advanced AllRex Divergence indicator with ability to plot all kinds of the Overbought/Oversold levels, MTF feature, arrows, divergences on the chart and all kinds of alerts incl email alert and push notification.

3 in 1: Stoch + CCI + RSI - indicator for MetaTrader 4
and
iCCI iStochastic iRSI weight - indicator for MetaTrader 5

Attachment 39367

Heiken Ashi Separate Window - indicator for MetaTrader 5

Attachment 39459

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Draw the 'Heiken Ashi' indicator in a separate window.

When the 'Heiken Ashi' indicator is drawn in the subwindow, a convenient opportunity appears for a visual assessment of both the indicator and the usual candlestick chart.

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Force Color - indicator for MetaTrader 5

Attachment 41788

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IForce (Force) indicator rendered using the DRAW_COLOR_HISTOGRAM drawing style .

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OsMA Color 2 - indicator for MetaTrader 5

Attachment 41859

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The iOsMA (Moving Average of Oscillator, OsMA) indicator based on the DRAW_COLOR_HISTOGRAM drawing style shows it is colored in three colors:

• indicators are above zero and the current bar of the histogram is above the previous one (DodgerBlue)
• the indicator is below zero and the current bar of the histogram is below the previous one (Tomato)
• the third color (Silver) closes the histogram in other cases

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StdDev Custom Histogram Smoothing - indicator for MetaTrader 5

Attachment 43204

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The iStdDev (Standard Deviation, StdDev) indicator is smoothed with a specified period (' period of averaging ') and a specified type of averaging (' type of smoothing '). The indicator is displayed in the form of a colored histogram: the current bar is compared with the previous one.

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hello , I want thank you for great indicator really it a great

Aroon - indicator for MetaTrader 5

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Aroon indicator was developed by Tushar S. Chande, CEO of the "Tuscarora Capital Management" company and the author of the books "The New Technical Trader: Boost Your Profit by Plugging into the Latest Indicators" and "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System" in 1995 to determine trend direction and strength.
Its main advantage is to allow a trader to determine the beginning of a new trend, or the end of an existing trend.

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AroonOscillator - indicator for MetaTrader 5

Attachment 44066

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Four levels have been added to the input parameters and the description of these levels is displayed in the indicator subwindow.

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Aroon Simple - expert for MetaTrader 5

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A very lightweight strategy based on the Aroon custom indicator.
The indicator is created on the specified ' Working timeframe' timeframe - the same timeframe is used to determine the moment when a new bar is born. The EA checks the signal only at the moment of the birth of a new bar, trades only with a constant lot (parameter ' Lots '), does not have Stop Loss, Take Profit, or Trailing - positions are closed with an opposite signal.

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Aroon Simple 2 - expert for MetaTrader 5

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Development of Aroon Simple .
The following parameters were added: 'Stop Loss', 'Take Profit', 'Trailing on ...', 'Search signals on ...', 'Trailing Stop (min distance from price to Stop Loss)', 'Trailing Step'.

The principle of forming trading signals has been changed. The original indicator has been changed for the new principle of trading signals - now it is the AroonOscillator indicator and it is also used by the EA.

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Good indicator was published on CodeBase together with the EA based on this indicator -
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MA on Momentum - indicator for MetaTrader 5

Attachment 45507

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Two lines - simple 'Momentum' indicator and 'Momentum' indicator smoothed with 'Moving Average'

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MA on Momentum Min Profit - expert for MetaTrader 5

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The EA trades on the signals of the custom indicator 'MA on Momentum' - the signal is the intersection of two lines of the indicator. At the same time, a signal to open a 'BUY' position is considered only if the intersection was BELOW the level '100', and a signal to open a 'SELL' is considered only if the intersection was ABOVE the level '100'.

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In this new article from our series is about learning about the most popular technical indicators in detail by learning how we can use them by simple strategies. Then designing trading systems for these strategies by MQL5 to execute these trading systems in the MetaTrader 5 trading platform, we will learn about a new technical indicator that is one of the volume family indicators that can show us another perspective about the instrument which is the volume measurement, this indicator is the Accumulation/Distribution which is called (AD) also. We will cover this indicator through the following topics:

1. AD definition
2. AD strategy
3. AD strategy blueprint
4. AD trading system
5. Conclusion

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more...

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In this new article from our series about how to design a trading system based on the most popular technical indicators, we will learn how to design different simple trading systems based on a new technical indicator which is the Williams Percent Range (WRP).

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Welcome to a new article in our series in which we learn through this series how we can create a trading system by the most popular technical indicators. We will learn in this new article a new tool in detail that can be used to enhance our trading and we will learn how to create a trading system based on the basic concept behind it. This new indicator is the Standard Deviation indicator. We will cover this indicator in detail through the following topics:

1. Standard Deviation definition
2. Standard Deviation strategy
3. Standard Deviation strategy blueprint
4. Standard Deviation trading system
5. Conclusion

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Here is a new article that completes our series about learning how to design a trading system by the most popular technical indicators because we will learn how to do that using a new technical indicator which is the Chaikin Oscillator.

We will learn about this technical indicator in detail through the following topics:

1. Chaikin Oscillator definition
2. Chaikin Oscillator strategy
3. Chaikin Oscillator strategy blueprint
4. Chaikin Oscillator trading system
5. Conclusion

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Here is a new article from our series about learning how to design a trading system by the most popular technical indicators. In this article, we will learn how to create a trading system by the Force Index indicator. We will learn what is this indicator in detail by covering the following topics:

1. Force Index definition
2. Force Index strategy
3. Force Index strategy blueprint
4. Force Index trading system
5. Conclusion

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This new article from our series is about learning how to design trading systems based on the most popular technical indicators. We will learn a new technical tool or indicator in detail that can be used in our favor in trading. This indicator is the DeMarker indicator, we will cover it through the following topics:

1. DeMarker definition
2. DeMarker strategy
3. DeMarker strategy blueprint
4. DeMarker trading system
5. Conclusion

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Welcome to my new article in our series to learn new technical tools in detail and design a simple trading system with this tool. It is the Relative Vigor Index (RVI) indicator, we will cover it through the following topics:

1. Relative Vigor Index definition
2. Relative Vigor Index strategy
3. Relative Vigor Index strategy blueprint
4. Relative Vigor Index trading system
5. Conclusion

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Welcome to a new article in our series about learning how to design a trading system based on the most popular technical indicators which to learn not only how to create the trading system by MQL5 programming language but we learn also about every mentioned technical indicator. In this article, we will learn about one of these popular indicators which is the Gator Oscillator to learn in more detail what it is, how to use it, and how to create a trading system that can be used in the MetaTrader5 to help us in our trading or open our eyes to a new trading approach that can be used to get better results.

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This type of article is very helpful to you because it can be consumed in a little time than you need to do the work by yourself to find a good setup of the trading system, but you still need to work after finding what is interesting for your way to dive more and optimize until reaching to the ultimate results that can be profitable for your trading. We just try to present here trading tools that can be used individually or in combination with other tools to save you time in finding what you need to focus on and develop it more in your favor. It also provides how to code these systems to be tested in the Strategy Tester, which means you can save a lot of time by automating your testing process instead of testing manually.

We will cover the following topics in this article:

• Aroon indicator definition
• Aroon strategies
• Aroon trading systems
• Testing Aroon trading systems
• Conclusion

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