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Reverse Candle MT4

General Usage:
You can use this indicator as a reliable confirmation for reversal systems and also as a powerful standalone trading system. It allows you to analyze the probability of a reversal when the price encounters each pivot or support/resistance level. It plays a role similar to divergence or trend continuation brakes. The risk-to-reward ratio of this tool is at least 1 to 2, and in the best-case scenario, with appropriate trailing, it can reach up to 1 to 10.
MT5 version


Benefits:
•    Increases the success rate
•    An excellent complement to a trading approach or a self-sufficient strategy
•    signals for any direction (up, down, or flat )
•    Multi timeframe
•    without repainting
•    lightweight and optimized codebase
•    Phone, email , sound and visual Alerts
•    can be applied to any financial assets
•    For experts and beginners

How this tool works:
It takes input of magical numbers (e.g., 9, 26, 52, etc.) and performs a multi-timeframe analysis based on Ichimoku clouds. It assigns a specific score to each candle based on its reversal strength. The higher the score, the higher the probability of a reversal.
The strategy for this tool, which is applicable in the 1-minute and 5-minute timeframes, involves adding a simple Tenkan-sen (9-period moving average) to the chart, and in the 1-minute timeframe, look for a histogram with a value of 6, or in the 5-minute timeframe, look for a histogram with a value of 5. A value of 5 indicates that the conditions for a reversal have been met in the current timeframe and the four higher timeframes. For example, if you see the number 5 in the 1-minute timeframe, it means that the reversal may take one or two hourly candles to occur.
Each number corresponds to a specific timeframe. For example, whenever you see the number 1, it means that the conditions for reversal according to Ichimoku numbers have been met in the current timeframe. Similarly, if you encounter the number 2, it indicates that the conditions have been met in the current timeframe and one higher timeframe, and so on. For example, the number 5 means that the event has occurred from the current timeframe up to four higher timeframes.
What are the ideal entry points?
•    This tool works more accurately when the market is more ranging in higher timeframes. The suitable timeframes for reversal strategies are 15 minutes to 1 hour, while for trend strategies, it's 1 hour and 5 minutes.
•    In reversal strategies, the best way to use this tool is to combine it with support and resistance levels. If the generated numbers correspond to bottoms or tops, it works very accurately and strongly.
•    If a strong trend forms in higher timeframes and the numbers repeat, it is better to use trend strategies. In such cases, you can simply open this indicator in the 1 or 5-minute timeframe and enter in the direction of the main trend after small corrections, by observing the value 1 at the end of those corrections.

Important Points:
•    A crucial point to note is that until the candle below the Tenkan-sen is closed, there should be no wicks in the histo-candles caused by subsequent candles. After the close of the candle, move the stop loss above the histo-candle and close a portion of the position at a risk-to-reward ratio of 1 to 1, while trailing the remaining.
•    Another important point is that the precise reversal candle may sometimes be delayed by one or two candles. So, if you see the number 5 in the 1-minute timeframe, because the number 5 is associated with the 1-hour timeframe, the reversal may take approximately one or two hourly candles to occur.
•    A variation of this indicator can also be used to recognize divergence, where the current number decreases compared to the previous number.
•    One final note is that this indicator is not a strategic tool but a practical one, and it can be used as a supplementary confirmation for other trend or reversal strategies.

Settings:
There is an item called "Smart Display of Histogram Count." If it is enabled, it only shows histograms with strong reversal probabilities.
If you are using this tool as a standalone strategic tool, it is better to have it activated. However, if you are using this indicator as a confirmation for your trading system, it is better to have it deactivated.
You can also determine the minimum displayable histo power for the next item.

For any questions related to the purchase, installation, and use of the indicator - pm, please.
For extended guide and bonus Reach out to me through private messages after purchasing the indicator!

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Telegram MT4 Signal Trader  is an EA that helps you trade signals receiving via all types of Telegram channels/groups. WARNING! This system doesn't work on Mac OS. Therefore, if you want to run the system, you should install a Windows emulator on Mac OS. You even don’t need to be the owner of the channels. If you can read the signal texts in your Telegram account, you can trade them all. The EA needs an  awesome  free tool – the   Telegram Reader  app that helps read texts from Telegram throu
FTMO Sniper 4
Vyacheslav Izvarin
Dedicated for FTMO and other Prop Firms Challenges 2020-2023 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 -------------------
Click Trade Manager
Hispraise Chinedum Abraham
5 (1)
Once you purchase, send a message to my inbox for manual. Click Trade Manager is a powerful tool that offers a range of benefits for both beginner and professional prop firm traders. It is designed to protect your prop firm or personal accounts from breaching drawdown limits and can automatically close trades when your profit target is hit. Additionally, Click Trade Manager is highly customizable, allowing you to choose settings that best suit your trading style. One of the key features of Cl
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Abcde MT4
Mahsa Farjami
ABCDE indicator This indicator is based on the primary abc patterns of price action (i.e. break, pullback, movement). These patterns resemble the rally base rally pattern, and a set of analyzes, such as trend analysis and divergence analysis, are checked to issue the accurate signal. It will provide pretty accurate trading signals and tell you when it's best to open and close a trade. It can be applied to any financial asset: forex, cryptocurrencies, metals, stocks, indices. MT5 version is
Special Candle Do you want to use one of the best Forex indicators with a successful Ichimoku strategy? You can use this Awesome Indicator that is based on the Ichimoku strategy. MT5 version is here First strategy: This strategy involves identifying similar strong crosses that rarely occur. The best timeframes for this strategy are 30 minutes (30M) and 1 hour (H1). Appropriate symbols for the 30-minute timeframe include: •    CAD/JPY •    CHF/JPY •    USD/JPY •    NZD/JPY •    AUD/J
In the realm of financial markets, proficient capital management is essential. It is not only about safeguarding your initial investment but also increasing it. The days of manual calculations are over. Maximize your returns, minimize your risks, and unlock the potential of the financial markets like never before. Take control of your trading journey with the Trade Panel. If you work as a scalper and need to quickly execute, our Trade Manager panel provides all the necessary tools at your finge
Abcde MT5
Mahsa Farjami
ABCDE indicator This indicator is based on the primary abc patterns of price action (i.e. break, pullback, movement). These patterns resemble the rally base rally pattern, and a set of analyzes, such as trend analysis and divergence analysis, are checked to issue the accurate signal. It will provide pretty accurate trading signals and tell you when it's best to open and close a trade. It can be applied to any financial asset: forex, cryptocurrencies, metals, stocks, indices. MT4 version is
Special Candle MT5
Mahsa Farjami
5 (1)
Special Candle Do you want to use one of the best Forex indicators with a successful Ichimoku strategy? You can use this Awesome Indicator that is based on the Ichimoku strategy. MT4 version is here First strategy: This strategy involves identifying similar strong crosses that rarely occur. The best timeframes for this strategy are 30 minutes (30M) and 1 hour (H1). Appropriate symbols for the 30-minute timeframe include: •    CAD/JPY •    CHF/JPY •    USD/JPY •    NZD/JPY •    AUD/J
General Usage: You can use this indicator as a reliable confirmation for reversal systems and also as a powerful standalone trading system. It allows you to analyze the probability of a reversal when the price encounters each pivot or support/resistance level. It plays a role similar to divergence or trend continuation brakes. The risk-to-reward ratio of this tool is at least 1 to 2, and in the best-case scenario, with appropriate trailing, it can reach up to 1 to 10. MT4 version Benefits:
In the realm of financial markets, proficient capital management is essential. It is not only about safeguarding your initial investment but also increasing it. The days of manual calculations are over. Maximize your returns, minimize your risks, and unlock the potential of the financial markets like never before. Take control of your trading journey with the Trade Panel. If you work as a scalper and need to quickly execute, our Trade Manager panel provides all the necessary tools at your finge
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