Standard Indicators

Indicators built-in to our products that can selected without having install anything else. Most are based on standard indicators, but also includes ones proprietary to our products, e.g. rwfxTrendPro. Also, includes Heiken-Ashi. Note, some of the indicators have an applied price input which can be one of close,open,high,low,media,typical,weighted.

Descriptionquick load code

F:ADXcross Details

Will check if +DI/-DI have crossed. Input properties are the ADXperiod,appliedPrice,minDI,minMain. Note, the latter three are optional and can be omitted/left blank. minDI is minimum value of DI and minMain in minimum value of main value. For example, 14,close,25,40 would check that DI's have crossed and the one that has crossed has reached 25 or more and also the main ADX value, which indicates if market is trending, has reached at least 40.

si-adxc

F:ADXmain Details

Will examine main value of ADX. Input properies are the ADX period. The following settings will only allow trade if ADX value is above the set Mid Point value, e.g. 30. This will filter out trades where the market isn't trending. Higly recommended for trade following strategies. Note, can also specify appliedPrice in inputs, e.g. 14,close, which if left blank will default to close.

si-adxm

F:ATR Details

Returns Average True Range in terms of average price movement, e.g. 0.0020, would be 20pips (on say EURUSD). Recommend using with capture mode 'ValueBelowMid' to check value is not too high for allowing trades. Set Mid Point to the value which needs to be below.

si-atr

F:AwesomeOscillator Details

si-ao

F:BollingerBand Details

Input properties are period,deviation,bands shift. Can also add applied price in comma list of inputs. Will signal buy if price breaks out of upper band and sell if lower band. Can set Mid Point to ! to do oversold/overbought signal, e.g. signal sell if price reaches upper band. Shift 1 will be candle closed price reaching band. Shift 0 will be current price.

si-bb

F:CCI Details

Input properties are period,appliedPrice. Will signal buy if cci > 0 and sell if cci < 0. Can set Mid Point to 80/20 for example to signal buy if cci goes above 80 and sell if goes below 20. For reversal, can set Min Point 20/80, e.g. signal buy if goes below 20. Can use capture mode IncDec to signal buy if CCI going up and sell if going down.

si-cci

F:DeMarker Details

Will signal buy if DeMarker goes above 0.5 and sell if below 0.5. Can use capture mode IncDec to signal based on slope of indicator. Can be used as reversal if Mid Point set to 0.3/0.7 where will signal buy if oversold (below 0.3) and signal sell if over overbought (above 0.7). Note, in this latter instance could set Capture Mode to OnCross so signals buy (say) when gone below 0.3 to above 0.3.

si-dm

F:HeikenAshi Details

Will signal buy if bullish (green) HeikenAshi candle and sell if bearish (red). If Shift box is 1 then will be the most recently closed candle. Can set Indicator Inputs to number of candles check, e.g. to only buy if have had two green candle then set this box to 2. This gives a strong signal. If left blank will just be one candle.

si-ha

F:MACD Details

Will signal buy if MACD value is above 0 and sell if below 0. Can use capture mode IncDec to signal based on slope of indicator. Indicator inputs are fastEMA,slowEMA,MACDSMA,appliedPrice. Note, if appliedPrice not supplied then will default to close.

si-md

F:MACDCross Details

Will signal buy/sell based on MACD main crossing signal. Indicator inputs are fastEMA,slowEMA,MACDSMA,appliedPrice. Note, if appliedPrice not supplied then will default to close.

si-mdx

F:MFI Details

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F:Momentum Details

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F:MovingAverage Details

Checks close price is above/below moving average. If shift 0 then live price above/below. Can set Mid Point to ! to reverse signal. Can use capture mode IndDec to check slope of line.

si-ma

F:MovingAverageCross Details

Checks fast period (default 8) has crossed slow period (default 12)

si-max

F:OsMA Details

Will return buy if OsMA (Moving Average of Oscillator) > 0 and sell if < 0. If Capture Mode is IncDec then will return buy if OsMA is increasing and sell if decreasing.

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F:ParabolicSAR Details

Will return buy if price is above PSAR and sell if below PSAR.

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F:RSI Details

With Capture Mode is DefaultBuySell it will return buy if RSI (Relative Strength Index) > 0 and sell if < 0. If Capture Mode is IncDec then will return buy if RSI is increasing and sell if decreasing.

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F:StochasticCross Details

Checks signal line crossed main

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F:StochasticValue Details

Examines value of stochastic main. With Capture Mode is DefaultBuySell it will return buy if stochastic main crosses above 50 and sell if less than. With capture mode DefaultValue will apply Stochastic main value directly into combine mix. With capture mode IncDec will return buy if Stochastic increasing and sell if decreasing. With capture mode AboveBelowReversal will look at Mid Value that gives an overbought/oversold. Set Mid Point to 20/80 to signal buy if stochactic value goes below 20 and buy if goes above 80.

si-stcv

F:WillamsPercentage Details

Will return buy if Williams Percentage is above -50 and sell if below.

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F:rwfxDailyRangePrct Details

Returns the percentage that the chart symbol has already moved today of the Average Daily Range/Average True Range (depending how configured via EA inputs). Can be used with capture mode 'ValueBelowMid' to check value is not too high for allowing trades. Set Mid Point to the value which needs to be below.

si-drp

F:rwfxMoveMax Details

This is our own indicator that is intended to be used with other indicators to make sure the market has not moved too much before indicators were in agreement. It works by returning how much market moved since moving average cross (default 6 crossing 18), expressed as multiple of the Average True Range. Mid point box gives multiple which is regarded as moved too much.

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F:rwfxPriceAction Details

Will check the candles are correct color for trade. Can set Indicator Inputs to number of candles check, e.g. to only buy if have had two green candles then set this box to 2. If left blank will just be one candle.

si-pa

F:rwfxTrendPro Details

Our own trend indicator which we believe is more reliable/stable than a moving average cross (say)

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OBJ:Arrow Details

Will examine chart for arrows that an indicator has placed there. The Indicator Inputs is used to specify part of object name to look out for (leave blank for any) followed by buy arrow code and sell arrow code, all comma separated. You can find arrow codes from: link. Note, not compatible with Matrix or Dashboard.

si-obja

OBJ:ColorDetails

Will examine chart arrow type objects but will check for color of object, e.g. useful if object is a dot that is the same arrow code for buy and sell except that it is a different color. The Indicator Inputs is used to specify part of object name to look out for (leave blank for any) followed by buy color and sell color, all comma separated. You can find color codes, e.g. clrRed from: link. Note, can set forth input which is type of object, can be one of: VLINE,HLINE,TREND,TEXT,LABEL,FIBO,RECTANGLE,RECTANGLE_LABEL,TRIANGLE,ARROW Note, not compatible with our Matrix or Dashboard products.

si-objc

OBJ:Name Details

Will examine chart for object with name relating to buy or name relating to sell and of specific type of object (default vertical line). First input is name that both buy and sell need to contain and second and third inputs are name that buy and sell need to contain, repsectively. The forth input is the object type, which can be one of: VLINE,HLINE,TREND,TEXT,LABEL,FIBO,RECTANGLE,RECTANGLE_LABEL,TRIANGLE,ARROW

si-objn

OBJ:Price1and2 Details

For use with Capture Mode AboveBelowReversal and will examine object (e.g. Fib) and will use price 1 and price 2 of the object. Returns sell if price cross price 1 of object and buy if crossed price 2. Note, not compatible with Matrix or Dashboard.

si-objp

OBJ:TrendDetails

Similar to OBJ:Color but will look for trend lines placed on chart and will examine color of line to know if buy or sell. Input properties format is the same as OBJ:Color. Note, not compatible with Matrix or Dashboard.

si-objt

Additional Standard Indicators

This section provides additional standard indicators that are captured by using custom indicators that are supplied with MetaTrader by default, i.e. still don't need to install anything extra.

Descriptionquick load code

Heiken Ashi Close Crossed Moving Average Details

Works by using special color index of -2 which represtend Heiken-Ashi closed price. The Indicator Inputs are for the moving average, which is period,maShift,method. Method is 0 for simple moving average, 1 for exponential, 2 for smooth and 3 for linear weighted. This example is period 14 with maShift of 0 and exponential method.

si-hma

Ichimoku - price beyond Kijun Sen Line Details

Input properties are Tenkan-sen,Kijun-sen,Senko Span B. Will signal buy if price above Kijun Sen Line and signal sell if price below.

si-ichk

Ichimoku - candle closed beyond cloud Details

Input properties are Tenkan-sen,Kijun-sen,Senko Span B. Will signal buy if candle closes above cloud and sell if closes below cloud.

si-ichk2

ZigZag Details

Input properties are Depth,Deviation,Backstep

si-zz