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Extreme Value Sniper MT4

Extreme Value Sniper is a detrended price indicator 

Indicator finds the potential reversal levels by checking value ranges and price cycles.

***Indicator does NOT repaint so it provides accurate NO REPAINT REVERSAL SIGNALS***


MT5 Version of the product : https://www.mql5.com/en/market/product/114550


It shows the overbought and oversold levels using the average range.

Overbought Levels are between 4 and 10

Oversold levels are bewtween -4 and -10

Those levels can be used as a reversal levels.

Extreme Value Sniper look for some special divergence and convergence patterns to confirm the reversal. 

Other AI and informative math applications of the indicator are Murrey Math, Fibonacci Gann, Volumes and Harmonic Patterns.


***Unlike other indicators, Extreme Value Sniper DOES NOT REPAINT.

***Extreme Value Sniper can be used with our Cycle Sniper indicator or it can be used as a stand alone indicator.

***It works for any financial instrument including Gold, Crude Oil,Currencies,Cryptocurrencies,Indices and Stocks.

***It can be used for any timeframe.

***User friendly settings 


Please follow this blogpost for the details and tricks for different strategies:

https://www.mql5.com/en/blogs/post/756721


Inputs to pay attention:

  • Magic Number: To look for different periods for the signals, you can apply indicator several times onto the chart. In this case you need to change the magic number.

         You can watch the video for details in the blog post.

  • Range Period Bars:  Range period ( number of bars ) to check to identify extreme ( Ovebought/Oversold ) Levels
  • Signal Settings
          Sell Extreme Level: Indicator will look for sell signal  when the value is above /equal to input level

          Buy Extreme Level: Indicator will look for buy signal  when the value is below /equal to input level 

          Close Price or Hi-Low: Price levels on the current bar to check signal

          Show Chart Lines: If enable you can see the divergence lines on the chart

          Show Indicator Lines: If enable you can see the divergence lines on the indicator's sub window

          No of bars for signal:  X bars to look for potential reversal pattern. If you make it bigger , indicator will look for a bigger number of bars to find reversal patterns.

          Candle for confirmation arrow: Default is 1. If you make it bigger, you can reduce the false signals but you receive late confirmation.


Important Note for Strategy Tester: To get better backtest results, use it on "every tick" mode


Please contact us after your purchase if you need further assistance.

If you contact us after your purchase, I will send you two set files that are seen in the videos.




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Guner Koca
5 (1)
Indicadores
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4.76 (139)
Indicadores
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5 (1)
Indicadores
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PZ TRADING SLU
3.43 (7)
Indicadores
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PZ Swing Trading
PZ TRADING SLU
5 (4)
Indicadores
Swing Trading es el primer indicador diseñado para detectar oscilaciones en la dirección de la tendencia y posibles oscilaciones de reversión. Utiliza el enfoque de intercambio de línea de base, ampliamente descrito en la literatura comercial. El indicador estudia varios vectores de precios y tiempos para rastrear la dirección de la tendencia agregada y detecta situaciones en las que el mercado está sobrevendido o sobrecomprado y listo para corregir. [ Guía de instalación | Guía de actualización
BB Reversal Arrows
Vitalyi Belyh
Indicadores
El sistema de comercio técnico de BB Reversal Arrows se ha desarrollado para predecir puntos inversos para tomar decisiones minoristas. El indicador analiza la situación actual del mercado y se estructura para varios criterios: la expectativa de momentos de reversión, posibles puntos de inflexión, señales de compra y venta. El indicador no contiene información en exceso, tiene una interfaz visual comprensible, lo que permite a los operadores tomar decisiones razonables. Todas las flechas pa
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Yury Orlov
4.7 (225)
Indicadores
Este es un genial indicador para MT4 que ofrece señales precisas para entrar en una transacción sin redibujar. Se puede aplicar a cualquier activo financiero: fórex, criptomonedas, metales, acciones, índices. Nos dará valoraciones bastante precisas y nos dirá cuándo es mejor abrir y cerra una transacción. Eche un vistazo  al vídeo  (6:22), ¡contiene un ejemplo de procesamiento de una sola señal que ha amortizado el indicador! La mayoría de los tráders mejoran sus resultados comerciales durante l
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Samil Bozuyuk
5 (1)
Indicadores
TD Combo is better when you have sharp directional moves, because it requires only thirteen price bars from start to finish compared to TD Sequential which needs at least 22 bars. The criteria for a Setup within TD Combo are the same with those required for a Setup within TD Sequential. The difference is that the count starts at bar 1 of the setup and not from bar 9 and TD Combo requires four conditions to be satisfied simultaneously. Requirements for a TD Combo Buy Countdown - Close lower
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