AI Technology Indicator - Smart Market Analysis

"Where artificial intelligence meets trading precision!"

📌 Overview

The AI Technology Indicator is an advanced MetaTrader 4 (MT4) tool that combines value chart analysis with dynamic support/resistance levels to identify high-probability trading opportunities. This innovative indicator visualizes market structure through a unique floating axis system, providing clear signals for both trend and reversal trading.

Key Features:

✅ Value Chart Technology - Normalizes price action relative to volatility

✅ Dynamic Support/Resistance - Auto-adjusting levels based on recent price activity

✅ Visual Candlestick Display - Color-coded bars for easy trend identification

✅ Custom Alert System - Notifies of overbought/oversold conditions

✅ Multi-Timeframe Compatible - Works on all chart timeframes

⚙️ How It Works

The indicator uses a sophisticated algorithm to:

Calculate Floating Axis - Determines the average equilibrium price

Measure Volatility Units - Normalizes price movements based on recent volatility

Plot Value Chart - Displays price action relative to the floating axis

Identify Key Levels - Automatically detects dynamic support/resistance

Signal Interpretation:

🟢 Green Bars - Bullish momentum (close open)

🔴 Red Bars - Bearish momentum (close open)

Lime Horizontal Line - Dynamic support level

Red Horizontal Line - Dynamic resistance level

🔧 Key Settings & Configuration

Core Parameters

ParameterDescriptionRecommended Value

VC_PeriodBase timeframe for calculations0 (current chart)

VC_NumBarsLookback period for calculations5-20

VC_Bars2CheckMaximum historical bars to analyze500-1000

VC_OverboughtUpper threshold for alerts6-8

VC_OversoldLower threshold for alerts-6 to -8

Visual Settings

ParameterOptions

VC_UpColorBullish bar color (default: Lime)

VC_DownColorBearish bar color (default: Red)

VC_BodyWidthThickness of value bars2-5

📊 Recommended Usage

Best Pairs: EUR/USD, Gold (XAU/USD), Major indices

Optimal Timeframes: H1, H4, D1 for swing trading

Trading Strategies:

Buy near dynamic support with oversold confirmation

Sell near dynamic resistance with overbought confirmation

Trend following when bars maintain consistent color

🚀 Installation Guide

Download the .mq4 or .ex4 file

Copy to your MT4 Indicators folder

Restart MT4 platform

Attach to chart from Navigator window

Adjust parameters as needed

⚠️ Important Notes

Works best in trending markets - may give false signals in choppy conditions

Combine with price action confirmation for best results

Always test new settings in a demo account first

📜 Developer & Source

Created by: R.KH 1001

Official Website: www.robomql.com

🎯 Pro Tips

For enhanced performance:

Use higher VC_NumBars values for smoother signals

Adjust alert thresholds based on market volatility

Combine with volume indicators for confirmation

"Let AI do the analysis while you focus on execution!"

Happy Trading! 🚀