MetaTrader 4 Indicators
The FXI_ADR_Overextend indicator is used to identify bars that appear over extended. To learn more about this indicator go to Over Extended Bars.
The FXI_LinesScalping indicator is used with the Lines Scapling System . This indicator and system are to be used only on the 30 minute time frame. You can learn more about the system in the Trading Lab.
The FXI_2CCI_Zerocross-TS indicator will send out an alert if two predefined CCI inputs cross the zero barrier in the same direction. The two CCI inputs are labeled CCI Trend and CCI Entry and are given the default values 50 and 14 respectively.
The FXI_All_Pivots indicator shows a total of six lines, three resistance and thress support zones. The beauty of this indicator is that is shows the pivot lines for any specified day in the past, not only the present day.
The FXI_AMA_Slope indicator signals the beginning of a possible trend. If the histogram is green and goes above the 0.2 threshold then an upward trend may develop. If the histogram is red and goes below the -0.2 threshold then a downward trend may develop.
The FXI_Ang_AZad indicator is displayed in a different window than the main chart, and has two lines: blue and red. If the blue line moves below the red line a sell condition is triggered indicating a possibility for a strong downtrend to take place. When the blue line goes above the red line a buy condition is triggered with a possibility for a strong uptrend to occur. Use this indicator for predicting trends.
The FXI_B_Clock indicator displays a comment on the top left of the chart stating the time remaining until a new bar will be made on the given chart. It will update itself every time there is a tick or it can be manually refreshed at any point in time.
The FXI_Bear_Bull_Power indicator shows the bear/bull power for four timeframes all on one chart. It is best to use this indicator with the background white and the foreground black so that you are able to see all signals. If all signals are negative, then a sell signal is generated. If all signals are positive, then a buy signal is generated. Check top left of chart for the positive/negative values of the bear/bull signals for each timeframe.
The FXI_Chaikin_Volitility indicator is much like ATR but doesn't take weekly gaps into account. With this indicator look for sharp increases in volatility prior to market tops and bottoms, followed by low volatility as the market loses interest.
The FXI_DiNapoli_Detrend_Osc indicator is an overbought and oversold oscillator. It can be combined with retracements of expansions of price defined by DiNapoli levels to produce incredibly accurate entry and exit points.
The FXI_Dynamic_Zone_RSI indicator brings up a new window with three lines shown. When the green line crosses the blue line it indicates to go long. If the green line crosses the yellow line it indicates to go short. Use this indicator in conjunction with FXI_RAVI_FX.
The FXI_EJ_CandleTime indicator supports FXI_EJ_Trend.
The FXI_EJ_CandleTime_Blue indicator supports FXI_EJ_Trend.
The FXI_EJ_Pivot_DWM indicator supports FXI_EJ_Trend.
The FXI_EJ_Signal indicator supports FXI_EJ_Trend.
The FXI_EJ_Trend indicator is part of a trend system. It is used exclusively on the 4 hour timeframe. When the candle is blue that indicates a buy signal. When the candle is red that indicates a sell signal. If the candle shows no color that indicates a time of uncertainty and the candle may change color from what it was previously. FXI_EJ_Signal, FXI_EJ_Pivot_DWM, FXI_EJ_CandleTime, and FXI_EJ_CandleTime_Blue all function together as a system.
The FXI_Ema_Angle_Zero indicator is used to predict when you are moving from a trending market to a sideways market and vice versa. If the value is close to zero and appears brown then that indicates the market is moving sideways. If the value is green then that indicates the market is trending up, and if the value is yellow that indicates the market is trending down.
The FXI_EMA_Crossover-TS indicator is a trade signal indicator that displays arrows when two Exponential Moving Averages, predefined by the user under the input tab, cross over indicating a buy or sell short. The moving averages are applied to the close price of each bar. The default periods for the moving averages are set to 5 and 6 and can be manipulated by the user.
The FXI_FiboPiv indicator shows three fibonacci pivot support lines and three fibonacci pivot resistance lines.
The FXI_Gann_ICWR indicator
The FXI_GapTrade indicator
The FXI_GMMA_Long indicator shows five lines that are based on moving averages. If the price goes above all five lines then the indicator is predicting an uptrend and represents a buy signal.
The FXI_GMMA_Short indicator shows five lines that are based on moving averages. If the price goes below all five lines then the indicator is predicting a downtrend and represents a sell signal.
The FXI_HMA_Russian indicator is used to find when a trend is about to reverse. If the indicator changes from Aqua to Tomato then a downtrend could possibly begin to emerge. If the indicator changes from Tomato to Aqua then an uptrend could possibly begin to emerge. This indicator doesn't repaint the past, but you need to be aware that it may change the color on the current bar.
The FXI_HTI indicator is basically the same as the FXI_HTI_Osc but without the histogram. You need this indicator compiled in your folder to use FXI_HTI_Osc.
The FXI_HTI_Osc indicator is used to enter into a trending trade. It can be used on any timeframe. When the bar has closed four times in a row and the histogram for those corresponding bars are either green (uptrend) or red (downtrend) that indicates to take a trade in that direction. If the bar closes and the color of the indicator histogram switches color that is a signal to close any open orders. The user must input the correct timeframe under the FXI_HTI_Osc input: M1=1, M5=5, M15=15, M30=30, H1=60, H4=240, D1=1440, W1=10080, MN1=43200. Also, you need to have FXI_HTI compiled in your folder to use this indicator.
The FXI_i-DRProjections indicator forecasts the support and resistance for the upcoming day. It also defaults to show the support and resistance levels for the past 10 days, which can be changed under the inputs tab. This indicator is best viewed on either the H1 or H4 timeframe and should be zoomed out considerably.
The FXI_Intraday_Fibo indicator draws 4 lines on the chart that are based on 38, 62 and 24, 76 fibonacci retracement. Trade according to this indicator two ways: 1) If there is a new daily high or low then look for retracement at 38 or 62. 2) If the market is going sideways or in a strong trend then look for retracement at 24 or 76.
The FXI_Inverse_Fisher_Transform indicator plots one line that ranges from +1 to -1.
The FXI_i-Paramon_Work_Time indicator will color the background according to the specifications of the user. To manipulate the background color for a specific portion of the day, change the inputs accordingly.
The FXI_Kase_CDPeak indicator is a sensitive, second derivative indicator.
The FXI_KI indicator should be used with FXI_KI-TS. Basically when the dashed gold line goes above the zero threshold it indicates a buy. If the dashed line goes below the zero threshold it indicates a sell. The signals may appear/disappear on the current bar so trading this system is discretionary and the method used is ultimately up to the trader.
The FXI_KijunTenkan indicator forecasts the Kijun-sen and Tenkan-sen lines in the future for the Ichimoku indicator. It can be used nicely in conjunction with the Ichimoku indicator. The Kijun-sen line is blue whereas the Tenkan-sen line is shown as red. If the Kijun-sen line crosses below the Tenkan-sen line then a buy signal is assumed. If the Kijun-sen line crosses above the Tenkan-sen line then a sell signal is assumed. In general, if the price is above the Kijun-sen line we have an uptrend, whereas if the price is below the Kijun-sen line then we have a downtrend.
The FXI_KI-TS indicator plots the trade signals for FXI_KI.
The FXI_LWMA_Crossover-TS is a Trade Signal indicator that displays arrows when two Linear Weighted Moving Averages, predefined by the user under the input tab, cross over indicating a buy or sell short. The Moving Averages are applied to the close price of each bar. The default periods for the moving averages are set to 5 and 6 and can be manipulated by the user.
The FXI_MA_Trend indicator is used as a trending signal for long term trades.
The FXI_Market_Index indicator shows the relative strength of the USD in conjuction with the EUR, GBP, AUD, CHF, JPY, and CAD. It is basically the market index of the USD.
The FXI_mMktOpen indicator will show a vertical line on the chart for the desired open and close time for a specific market (NY, London, Auckland, Sydney, Tokyo, or Hong Kong), whichever the user desires. Only use this indicator with the one hour or shorter timeframe as the screen may become too cluttered with longer timeframes.
The FXI_Movers indicator
The FXI_Moving_Slope_Rate_of_Change indicator is a very smooth hybrid indicator. A buy condition is produced if the line crosses above the zero threshold. A sell condition is produced if the line crosses below the zero threshold.
FXI_MTF_Trix indicator displays in a separate window from the chart. It is another trend-based indicator that signals a buy on a yellow arrow and a sell on a blue arrow. You must have FXI_Trix in your indicator directory for this indicator to work properly.
The FXI_NonLagMA indicator will signal a buy/sell during a trending situation. A blue line indicates an uptrend. A red line indicates a downtrend.
The FXI_OsMASignal indicator appears to forecast when to enter a countertrend trade. The blue dot signals a buy entry whereas the red dot signals a sell entry. These signals are intended to work using a timeframe of 1H or higher.
The FXI_Pivot indicator
The FXI_Pivot_Daily_Zone indicator shows a total of six zones, three resistance zones and three support zones.
The FXI_RAVI_FX indicator comes up in another window. You will see two straight lines, which contain a non-trading zone between them. If the teal line breaks above the zone then it is confirming an upward breakout. If the teal line goes below the zone then it is confirming a downward breakout. Use this indicator in conjunction with FXI_Dynamic_Zone_RSI.
The FXI_Regression_Channel indicators forecasts the current trend of the market.
The FXI_Sessions indicator is very good at displaying the open session times for European, US, and Asian markets, and when these markets overlap. Goldenrod represents the Asian market. Tan represents the European market. PaleGreen represents the US market. Blue represents the overlap of the Asian and European market and OliveGreen represents the overlap of the US and European market.
The FXI_SinTrend indicator is meant to be used on the day timeframe. If the value goes above 0.0015 then the indicator assumes an uptrend, if the value goes below 0.0015 then the indicator assumes a downtrend.
The FXI_SMA_Crossover-TS indicator is a Trade Signal indicator that displays arrows when two Smoothed Moving Averages, predefined by the user under the input tab, cross over indicating a buy or sell short. The Moving Averages are applied to the close price of each bar. The default periods for the moving averages are set to 5 and 6 and can be manipulated by the user.
The FXI_SMMA_Crossover-TS indicator is a Trade Signal indicator that displays arrows when two Simple Moving Averages, predefined by the user under the input tab, cross over indicating a buy or sell short. The Moving Averages are applied to the close price of each bar. The default periods for the moving averages are set to 5 and 6 and can be manipulated by the user.
The FXI_StepChoppy indicator is used along with FXI_StepMA and FXI_StepRSI. Put the other two indicators on the chart before this one. Make sure that the names of FXI_StepMA and FXI_StepRSI are exactly as they appear here or nothing will show up on the screen for this indicator. Basically, if the histograms for this indicator are solid red then that means a strong sell condition. When the histogram is solid blue then that means a strong buy condition. If the histogram is yellow or gray then that means the market is choppy.
The FXI_StepMA indicator is used to support the FXI_StepChoppy indicator.
The FXI_StepRSI indicator is used to support the FXI_StepChoppy indicator.
The FXI_Stochastic_Momentum_Index indicator calculates where the close is relative to the midpoint of the high/low range. The values for this indicator range from +100 to -100. When the close is greater than the midpoint, the value is above zero, when the close is less than the midpoint, the value is below zero. Extreme high/low indicator values indicate overbought/oversold conditions. There are two lines shown in this indicator. The white line represents the stochastic momentum index whereas the red line is the signal line. A buy signal is generated when the indicator rises above -50, or when it crosses above the signal line. A sell signal is generated when the indicator falls below +50, or when it crosses below the signal line. Look for divergence with the price to signal the end of a trend or indicate a false trend.
The FXI_Support_&_Resistance indicator is good for referencing the ever changing support and resistance lines for each chart.
The FXI_Tick_Data indicator displays tick data in a new window from the time you place it on the chart up to the present. It has an input labeled period that can be changed to reflect the maximum number of ticks that can be displayed.
The FXI_Time_Series_Forecast indicator tries to predict where the price is going toward.
The FXI_Trend_Detection_Index indicator is another indicator for detecting trends. The blue line is called the trend detection index and the red line is called the direction indicator. If the blue line is above zero then the trend is up. If the blue line is below zero then the trend is down. The red line displays the current direction of the trend.
The FXI_Trix indicator displays in a separate window from the chart. It is another trend based indicator that signals a buy on a yellow arrow and a sell on a blue arrow. You must have FXI_Trix in your indicator directory for this indicator to work properly.
The FXI_True_Range_Volatility indicator
The FXI_Variable_Moving_Average-TS indicator uses a variable moving average to calculate when to buy (blue dot) and sell (yellow dot). The brown line is the variable moving average and is assumed to be a possible moving stoploss point.
The FXI_Volatility_Quality_Index indicator shows buy/sell signals on the beginning of a breakout trend. A yellow arrow for buy, a blue arrow for sell. The indicator appears in a separate window from the chart.