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Citra Bot

3.33

Inspired from,

Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. -William Delbert Gann


CITRA BOT is a Price Action/Price Pattern detection Indicator which uses historical data to validate a current pattern or profile to predict the probability of hitting future resistance or support levels.


Advantage of using CITRA BOT:

*Self Learning Algorithm.

*Faster and Superior than any other Machine Learning Models like Neural   Networks,Regressions,SVM,Decision tree,Random Forest etc.

*Faster response rate on switching TimeFrame.

*Precision based Profile detection Controls Noise allocation based on user requirements

*Custom Precision Percentage.

*Custom Email,Push Notification Alerts.


Caution: It's not HolyGrail System,It's a tool to give you insight of current market structure.The decision to trade is made only with combination of economical understanding of underlying instrument with economic indicators and economic news.



Recommended TimeFrame:

M30 and Above.


Major features considered in Profile detection are 

*Strength of the profile with respect to adjacent close price.

*Profile dimension.

*Future Resistance and Support.

*Tops and Bottoms with respect to time.

*Slope of profile.

*Deviation of profile.


Details on Important Input Parameters:

*LookBack_Period = No. of Bars to look in historical memory for exact Profile.

 Note:Download Required Historical Data as per LookBack Period.

*Profile_Period = No. of recent Bars to consider for a Profile.

*Resistance_pips= pips to set future Resistance level from current Close Price.

*Support_pips= pips to set future Support level from current Close Price.

*Profile_Precision= % of exact match of recent profile with respect to detected profiles.

*Alert_BUY_Above=It’s the Buy Probability alert percentage.

*Alert_SELL_Above=It’s the Sell Probability alert percentage.

*Alert_Profile_Detected=Alert on exceeding No. Of profile detected.

*x_axis,y_axis = Positioning of Display Dashboard on Chart.


Probability Calculation:

Buy Probability = ( Resistance Hit / (Resistance Hit+Support Hit) ) *100.

Sell Probability = ( Support Hit / (Resistance Hit +Support Hit) ) *100.


Trade Setup:

Buy = Up Arrow Popup         -Set TP at Resistance Level , SL at Support Level.

Sell = Downl Arrow Popup    -Set TP at Support Level , SL at Resistance Level.



Thank you.







Reviews 4
Suresh Patil
143
Suresh Patil 2023.08.05 07:54 
 

Indictor is pretty good unlike other lagging indicators this one really works

Yusuf Hamzah
413
Yusuf Hamzah 2023.11.19 07:28 
 

It is a historical pattern recognition matcher. Like RSI Decoder, it would be great if size of the font and box can be changed to fit user preference. As it is, it takes too much space on the chart.

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Trade Extractor MT5
Philip Pankaj Suthagar
2 (1)
TRADE EXTRACTOR   is the fastest self-learning AI Algorithm, which will learn any market situation with ease.As a Manual trader, I came across the difficulty of finding the right parameter and the right condition to trade. There are infinite combinations of indicators and objects(trendlines, gann grid, fibo levels etc) which as an human, I can’t decide their winning rate or performance. Many claim to have a winning strategy but won’t have enough statistical support to prove their claims. Due to
NeuroWave Scalper PRO
Philip Pankaj Suthagar
5 (2)
Motivated from: A market is the story of cycles and of the human behavior that is responsible for overreactions in both directions. - Seth Klarman NeuroWave Scalper PRO  is a advanced powerful cycle algorithm which depicts the cycles of market in a effective manner.This Indicator works in trending as well as ranging market conditions. This indicator is perfect for scalp trades as well as swing trades.   NeuroWave Scalper PRO  is not just an indicator, but a trading strategy itself. It doesn
Heiken Ashi Scanner
Philip Pankaj Suthagar
4.25 (4)
Heikin-Ashi charts , developed by  Munehisa Homma  in the 1700s.  Munehisa Honma was a rice merchant from Sakata, Japan who traded in the Dojima Rice market in Osaka during the Tokugawa Shogunate. He is considered to be the father of the candlestick chart.   Th e man who invented the use of candlestick charts for finding and profiting from chart patterns.He was a billionaire trader on those days if we compared his net-worth with todays dollar . Heikin Ashi Scanner is an Multi-Currency and Multi
Moving Average Bands
Philip Pankaj Suthagar
MOVING AVERAGE BANDS / MA BANDS: This is an very simple Indicator but very powerful in identifying trend reversal.The calculation of moving Average bands consist of defining the range of bars and the multiplier we use. -To find range of n bars we used the values of moving average high and low values of n bars. -Then we used individual multiplier for individual bands. -The multiplier we defining can be based on your style say for example some needs moving average fibonacci bands or dynamic fibona
Rsi Ma Bands
Philip Pankaj Suthagar
"It's not about how much you do, but how much love you put into what you do that counts."    - Mother Teresa This Indicator is build on value of Relative Strength Index and Moving average of relative strength Index. We have calculated bands with respect to Moving average of Relative strength Index. Trading strategy:   https://www.mql5.com/en/blogs/post/725691 Why use Rsi Ma Bands? Great for novice traders as well as experienced traders. Low risk entries. Doesn't repaints. No additional Indica
Rsi Decoder
Philip Pankaj Suthagar
4.5 (2)
Inspired from, Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. -William Delbert Gann   Caution:   It's not HolyGrail System,I t's a tool to give you insight of current market structure. The decision to trade is made only with combination of economical understanding of underlying instru
Shark Deal Book
Philip Pankaj Suthagar
4 (3)
Term  "shark"  in the business world denotes a high volume investor who just made a good investment in a highly Potential business deal.So, sharks are the ones who make the market move. In our case, if an American shark bought a Japanese company, he/she has to convert American dollars into Japanese yen to make the deal. So, the demand for the Japanese yen will increase sharply. Thus USD/JPY will go short rapidly if the deal was from the shark. Another example, In the case of forex, if fed increa
Trade Extractor
Philip Pankaj Suthagar
5 (2)
TRADE EXTRACTOR   is the fastest self-learning AI Algorithm, which will learn any market situation with ease.As a Manual trader, I came across the difficulty of finding the right parameter and the right condition to trade. There are infinite combinations of indicators and objects(trendlines, gann grid, fibo levels etc) which as an human, I can’t decide their winning rate or performance. Many claim to have a winning strategy but won’t have enough statistical support to prove their claims. Due to
Eurusd Decoder EA MT4
Philip Pankaj Suthagar
4 (1)
EURUSD DECODER EA   is a fully automated mid-term, medium-risk expert advisor. Adaptive price pattern analysis is used to identify potential trade entries and exit. The EA does not use any unfair money management practices like grid and martingale. Each position includes a stop loss and all open positions are monitored by an advanced loss control algorithm, which decides when to close profit and when to accept loss.   Before you buy all of my product please be aware of the risks involved: 1) Pl
Quant Stress Scanner
Philip Pankaj Suthagar
The Knowledge of which Geometry aims is the knowledge of the Eternal - Plato Quant Stress Scanner is a Scientifically developed Stress detection algorithm along the geometrical lines on the price data which are quantified into Stress repulsion, fractures and clusters in a easily understandable signal form. Each signal are displayed in well-arranged with currency pairs in row-wise and timeframes in column-wise manner. Explanation of signal and plotting stress levels with trendlines are shown in
Rsi Decoder MT5
Philip Pankaj Suthagar
Inspired from, Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. -William Delbert Gann   Caution:   It's not HolyGrail System, It's a tool to give you insight of current market structure. The decision to trade is made only with combination of economical understanding of underlying instru
Owl Craft Pro
Philip Pankaj Suthagar
Owl Craft Pro is a powerful scalping strategy that employs a smart entry and exit algorithm as well as sophisticated filtering algorithms to discover just the safest entry points during market calms. This approach is designed to provide long-term, consistent growth. It is a professional tool that incorporates all of the latest trading advancements. There's nothing fancy about this, no Holy Grail testing, no "risk-free martingale," just a rigid rule-based method to trading that allows you to maxi
Filter:
Yusuf Hamzah
413
Yusuf Hamzah 2023.11.19 07:28 
 

It is a historical pattern recognition matcher. Like RSI Decoder, it would be great if size of the font and box can be changed to fit user preference. As it is, it takes too much space on the chart.

Seyed Mani Ashraf Pour Shoshtar
997
Seyed Mani Ashraf Pour Shoshtar 2023.08.10 06:27 
 

not good, the tp and sl keep changing as the maket move, so is repaint

Philip Pankaj Suthagar
6484
Reply from developer Philip Pankaj Suthagar 2023.09.20 16:55
Hi sir, I have given oscillator for finding the entries in history and nothing is repainting here. You have to keep note of tp and sl. Thanks Version 3.0: Signal verification in history feature added
Suresh Patil
143
Suresh Patil 2023.08.05 07:54 
 

Indictor is pretty good unlike other lagging indicators this one really works

Philip Pankaj Suthagar
6484
Reply from developer Philip Pankaj Suthagar 2023.08.10 07:38
Thanks for your kind words Suresh
amayr
35
amayr 2023.05.30 21:05 
 

User didn't leave any comment to the rating

Philip Pankaj Suthagar
6484
Reply from developer Philip Pankaj Suthagar 2023.05.30 21:41
Thank you Amayr. Happy Trading !
Reply to review
Version 3.10 2023.09.20
*Updated alert based on historical shifts.
Version 3.0 2023.09.20
* Added signals shifting features so that we can see signals performance in history
Version 2.90 2023.09.20
*Alert complexity made simple
Version 2.80 2023.08.01
* Added Alert Bar shift.
Version 2.70 2023.07.30
* Made an update on oscillator for considering only the values which exceed minimum number of profile detected threshold.
Version 2.60 2023.06.01
*Added additional features to enhance trade stability.
Version 2.50 2023.05.30
*Added Advanced feature to improve model precision.
Version 2.40 2023.04.27
*Make a strategical change in core mechanics.
Version 2.30 2020.07.28
*Solved zero divide error.
Version 2.20 2020.07.15
*New feature is added in profile details to enhance the accuracy.
Version 2.1 2020.07.14
*Solved Floating Arrow bug.
Version 2.0 2020.07.13
*Precision Statistics Updated.
Version 1.90 2020.07.12
*Updated Buffer dynamics.
Version 1.80 2020.07.12
*Added Buffers for Integrating with EA.
Version 1.70 2020.07.12
*For Historical Verification of signals, I have added shift option in the Indicator and removed Probability oscillator. Thus the resultant Indicator is lite and Quick in processing data.
*Added Price cluster Analysis filter to the fundamental algorithm so that signals are more reliable and efficient.
Version 1.60 2020.01.19
*Upgraded with minor text correction.
Version 1.50 2020.01.19
*Downgraded due to users request.
Version 1.40 2020.01.18
*Features Update for Consistent forecast.
Version 1.30 2020.01.03
*Self Optimization Bug Fixed.
Version 1.20 2020.01.02
*Probability Oscillator Updated.
Version 1.10 2019.12.28
*Zero Divide Bug Fixed.