Indicators

Technical indicators are the foundation of your trading strategy. Learn how to add and configure them.

What Are Indicators?

Technical indicators are mathematical calculations based on price, volume, or open interest. They help identify trading opportunities by analyzing market trends, momentum, volatility, and more.

Available Indicators

Trend Indicators

  • Moving Average (MA): Shows average price over a period
  • MACD: Moving Average Convergence Divergence - trend and momentum
  • Parabolic SAR: Stop and Reverse - trend direction and reversals

Momentum Indicators

  • RSI: Relative Strength Index - overbought/oversold conditions
  • Stochastic: Compares closing price to price range
  • CCI: Commodity Channel Index - cyclical trends

Volatility Indicators

  • Bollinger Bands: Bands based on standard deviation
  • ATR: Average True Range - measures volatility

Volume Indicators

  • Volume: Trading volume analysis
  • OBV: On-Balance Volume - cumulative volume

Adding Indicators

  1. In the EA Builder, click Add Indicator
  2. Browse or search for the indicator you want
  3. Click on the indicator to select it
  4. Configure the parameters (period, levels, etc.)
  5. Click Save to add it to your EA

Configuring Parameters

Each indicator has customizable parameters. Common parameters include:

  • Period: Number of bars/candles to analyze (e.g., 14, 20, 50)
  • Applied Price: Which price to use (Close, Open, High, Low, etc.)
  • Method: Calculation method (Simple, Exponential, etc.)
  • Levels: Threshold values (e.g., RSI 30/70 levels)

Using Multiple Indicators

You can add multiple instances of the same indicator with different parameters. For example, two Moving Averages with different periods for crossover strategies.

Important: Each indicator instance gets a unique identifier, allowing you to reference it in your trading signals.

Best Practices

  • Don't use too many indicators - this can lead to conflicting signals
  • Understand what each indicator measures before using it
  • Combine indicators from different categories (trend + momentum)
  • Backtest your indicator combinations to verify effectiveness