In addition, there are sets of indicators based on algorithms by famous financiers. For example, Bill Williams’ indicators and likes of it. All of them are characterized by different parameters of reliability, efficiency, lagging and others. It displays the current location in time relative to the beginning and end of the current bar. It additionally displays the proportion of time elapsed from the beginning of the bar as a percentage of the duration of the whole bar. It is useful for monitoring the moment of making the trading decisions.
It adapts to the history, unfortunately redraws. The indicator displayed the market movement direction when the zero line is crossed. The Commentator indicator analyzes and displays the possible action for a certain time interval. Draws the support and resistance levels. The ind – Profitunity Bars indicator. Colors the bars in green, red and black. A simple alternative to the Alligator.
The indicator draws the linear regression line based on the closing prices of the last bars. Indicator of channels on different timeframes. Indicator that automatically draws Fibo Retracement. Buy and Sell arrows based on exit from overbought and oversold region in Stochastic Oscillator. An indicator for drawing all important Pivot Points including: “Classic”, “Camarilla”, “Woodie”, “Floor”, “Fibonacci”, “Fibonacci_Retracement”. The indicator shows computer time resolution.
Normally it is about 15-16 ms. Indicator that shows higher timeframe candle on current timeframe. This is a graphical indicator based on slope-direction-trend indicator that has been published under several other forms. The RSI indicator has the ability to display a single window of RSI values of another timeframe defined by the user.