From TradersList Editors

From TradersList Editors

Use this customizable MetaTrader indicator to pinpoint market conditions and price reversals with dynamic support and resistance levels.

Use this customizable MetaTrader indicator to pinpoint market conditions and price reversals with dynamic support and resistance levels.

MetaTrader Indicator

MetaTrader Indicator

Hurst Bands Indicator: Dynamic Support and Resistance Using Hurst Equation

Hurst Bands Indicator: Dynamic Support and Resistance Using Hurst Equation

Trading chart displaying the Hurst_Bands indicator with a central median line and multiple outer bands based on the Hurst equation. Upper and lower bands surround price bars to indicate overbought and oversold conditions.

by scriptor on MetaTrader

Trading chart displaying the Hurst_Bands indicator with a central median line and multiple outer bands based on the Hurst equation. Upper and lower bands surround price bars to indicate overbought and oversold conditions.

by scriptor on MetaTrader

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Indicator

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MetaTrader

MetaTrader

Price Action

Price Action

Hurst_Bands

Hurst_Bands

Hurst_Bands is a MetaTrader Indicator that applies the Hurst equation to create bands around a median price, identifying overbought and oversold price levels. The indicator features customizable settings for the calculation length of the bands.

Hurst_Bands is a MetaTrader Indicator that applies the Hurst equation to create bands around a median price, identifying overbought and oversold price levels. The indicator features customizable settings for the calculation length of the bands.

Get on MetaTrader

This indicator is available on MetaTrader charting platform. Signing up for a free account and downloading MetaTrader software is required.

Get on MetaTrader

This indicator is available on MetaTrader charting platform. Signing up for a free account and downloading MetaTrader software is required.

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Open Source

Listing has publically available source code that can be audited and modified as needed.

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Open Source

Listing has publically available source code that can be audited and modified as needed.

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Free Access

All features of this listing are fully free to use with no pricing tiers. Simply start using.

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Free Access

All features of this listing are fully free to use with no pricing tiers. Simply start using.

Published by scriptor on MetaTrader

Published by scriptor on MetaTrader

Bands Based on the Hurst Equation

Hurst Bands apply the Hurst exponent equation to create upper and lower bands around a median price line. Unlike Bollinger Bands that use standard deviations, these bands incorporate the Hurst exponent's measure of market persistence or mean reversion, producing bands that adapt to the market's statistical character rather than just its volatility.

Identifying Overbought and Oversold Levels

When price reaches the upper Hurst Band, the market is considered overbought relative to its Hurst-adjusted range. When it touches the lower band, it is oversold. Because the bands account for the market's tendency to trend or mean-revert, these signals are more contextually accurate than bands based purely on price dispersion.

Bands Based on the Hurst Equation

Hurst Bands apply the Hurst exponent equation to create upper and lower bands around a median price line. Unlike Bollinger Bands that use standard deviations, these bands incorporate the Hurst exponent's measure of market persistence or mean reversion, producing bands that adapt to the market's statistical character rather than just its volatility.

Identifying Overbought and Oversold Levels

When price reaches the upper Hurst Band, the market is considered overbought relative to its Hurst-adjusted range. When it touches the lower band, it is oversold. Because the bands account for the market's tendency to trend or mean-revert, these signals are more contextually accurate than bands based purely on price dispersion.

Customizable Band Calculation Length

Users can adjust the lookback period for the Hurst calculation, which affects how the bands shape around price. Shorter periods make the bands more responsive to recent conditions but potentially more noisy. Longer periods produce smoother bands that capture the broader trend structure but may lag during rapid market transitions.

Combining Hurst Bands With Trend Direction

The bands work best when combined with trend identification tools. In a confirmed uptrend, touches of the lower Hurst Band become buying opportunities as the market is oversold within a bullish context. In a downtrend, touches of the upper band become short entries. Aligning the band signals with trend direction significantly improves trade outcomes.

Customizable Band Calculation Length

Users can adjust the lookback period for the Hurst calculation, which affects how the bands shape around price. Shorter periods make the bands more responsive to recent conditions but potentially more noisy. Longer periods produce smoother bands that capture the broader trend structure but may lag during rapid market transitions.

Combining Hurst Bands With Trend Direction

The bands work best when combined with trend identification tools. In a confirmed uptrend, touches of the lower Hurst Band become buying opportunities as the market is oversold within a bullish context. In a downtrend, touches of the upper band become short entries. Aligning the band signals with trend direction significantly improves trade outcomes.

Hurst bands for price extremes

Hurst bands for price extremes

Hurst Bands apply the Hurst exponent equation to create upper and lower bands around a median price line. Unlike standard deviation bands, these incorporate the market's tendency to trend or mean-revert, producing levels that adapt to statistical character.

Hurst Bands apply the Hurst exponent equation to create upper and lower bands around a median price line. Unlike standard deviation bands, these incorporate the market's tendency to trend or mean-revert, producing levels that adapt to statistical character.

Identify Overbought and Oversold Zones

Price reaching the upper band signals overbought conditions while touching the lower band indicates oversold. Hurst-adjusted ranges provide contextually accurate signals.

Contextualize Price Within the Bands

Customizable lookback periods affect how bands shape around price. Longer periods produce smoother bands that capture broader trend structure.

Time Reversal Entries With Trend

In an uptrend, touches of the lower band become buying opportunities. Aligning band signals with trend direction significantly improves trade outcomes.

Common Questions About Hurst Band Analysis

Common Questions About Hurst Band Analysis

Hurst Bands apply cycle theory to create dynamic support and resistance levels based on detected market rhythms. These questions address practical interpretation and trading applications.

Hurst Bands apply cycle theory to create dynamic support and resistance levels based on detected market rhythms. These questions address practical interpretation and trading applications.

How do Hurst Bands differ from Bollinger Bands?

Bollinger Bands use standard deviation for width while Hurst Bands incorporate cycle analysis to adapt to market rhythm. Hurst Bands attempt to capture natural market cycles rather than just volatility, potentially providing more predictive levels.

What does price touching the outer Hurst Band indicate?

Outer band touches suggest price has reached an extreme relative to the detected cycle. This may indicate reversion potential but strong trends can ride bands. Look for rejection patterns or cycle alignment before assuming reversal.

How do I combine Hurst Bands with cycle timing?

Band touches gain significance when they align with expected cycle turning points. Price reaching the upper band at a projected cycle high increases reversal probability. The bands provide price levels while cycle analysis provides timing context.

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Web sentiment

Web sentiment

Online sentiment towards Hurst_Bands is cautious and skeptical, with doubts around transparency and genuine reviews overshadowing the few positive comments.

Online sentiment towards Hurst_Bands is cautious and skeptical, with doubts around transparency and genuine reviews overshadowing the few positive comments.

Source: Online Discussion

Source: Online Discussion

Source: Online Discussion

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TradersList Reviews (2)

TradersList Reviews (2)

TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.

TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.

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🌐

Harmonic Pattern Finder V3 is a MetaTrader indicator that automatically identifies harmonic patterns using Fibonacci ratios and pattern matching algorithms. It offers customizable displays to reduce screen clutter, interactive pattern highlighting with detailed analytics, unified zigzag selection, statistical performance tracking and a refactored codebase for easy integration with other indicators.

MetaTrader price chart displaying the Squeeze indicator with color-coded price bars to visualize market volatility

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by mladen

Free

MetaTrader Indicator

Squeeze - on chart

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Squeeze - on chart is a MetaTrader indicator that color-codes candles or bars with potential on-going long or short squeezes, based on standard deviations.

MetaTrader chart displaying Price Heatmap indicator with color-coded price histograms and purple dotted peak lines showing time-at-price duration and market activity zones

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by fxborg

Free

MetaTrader Indicator

Price Heatmap

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Price Heatmap is a free MetaTrader indicator that visualizes price movements using heatmap style visuals to convey where, when and how long an asset spent time at various price levels. In essence, this is a rolling, dynamic market profile.

MetaTrader price chart displaying highlighted price action patterns with text labels identifying formations such as hammers, doji and evening stars

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by scriptor

Free

MetaTrader Indicator

Patterns

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Patterns is a MetaTrader indicator that automatically identifies thirty popular candlestick patterns on price charts. With 38 adjustable settings, it allows customization of pattern displaying, tooltips and detection criteria.

MetaTrader chart featuring the Tarzan Price Action Indicator with price bars and color-coded RSI lines. The central line appears green for upward signals and red for downward signals. Sky blue and orange zones define the channels while pale gray sections highlight overbought or oversold conditions.

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by scriptor

Free

MetaTrader Indicator

Tarzan

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Tarzan is a MetaTrader Indicator that visualizes RSI changes that align with price action, using simple color-coded bars and signal arrows. Multiple customziation options, like smoothed RSI and adjustable channels.

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by scriptor

Free

MetaTrader Indicator

Extreme_TMA_line_indicator

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Extreme_TMA_line_indicator is a MetaTrader Indicator that calculates price bands to identify extremes using TMA and ATR, defined by an user specified multiplier. This indicator also draws a central line that changes color based on trend direction.

MetaTrader price chart displaying the Market_Sessions indicator with color-coded rectangular zones highlighting Sydney Tokyo London and New York trading sessions

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by scriptor

Free

MetaTrader Indicator

Market_Sessions

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Market_Sessions is a MetaTrader Indicator that displays New York, London, Tokyo and Sydney trading sessions on price charts. This indicator offers customizable settings for session times, colors, labels and lines. Usable on 1 hour timeframe or lower.

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by godzilla

Free

MetaTrader Indicator

KI_signals

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KI_signals is a MetaTrader indicator that generates signals using the XMACD histogram by detecting changes in histogram and signal line directions and their intersections, displayed as colored candlesticks.

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Disclaimer

Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.

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Disclaimer

Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.

Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.

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