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DragonsTail Indicator

"Dragon's Tail" is an integrated trading system, not just an indicator. This system analyzes each candle on a minute-by-minute basis, which is particularly effective in high market volatility conditions.

The "Dragon's Tail" system identifies key market moments referred to as "bull and bear battles". Based on these "battles", the system gives trade direction recommendations. In the case of an arrow appearing on the chart, this signals the possibility of opening two trades in the indicated direction. The yellow and green lines function as take-profit levels for the first and second trades respectively. After closing the first trade upon reaching the yellow line level, it is recommended to set a stop-loss for the second trade at the level of its opening.

The choice of timeframe and tools depends on the trader's preferences, however, for achieving optimal results it is recommended to use the H4 and D1 timeframes, taking into account the spread size of the selected instrument.

The settings parameters of "Dragon's Tail" can be divided into two groups:

  • Parameters directly affecting trade results:
    • History depth - only affects the display of entry points on the chart. Recommended values: D1 - 10, H4 - 15, H1 - 20.
    • Take-profit 1 and take-profit 2 - affect the final result. Recommended values depending on the timeframe: D1 - 250/450, H4 - 150/250, H1 - 75/150.
  • Parameters responsible for the visual design of the system. These can be set as per the trader's wish.

It's important to remember that "Dragon's Tail" is a system that requires active participation from the trader and cannot operate autonomously. It's crucial to monitor the load on your trading account and make decisions about averaging positions only in cases where it's justified from a market situation and your trading strategy standpoint.

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Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Blahtech Supply Demand MT5
Blahtech Limited
4.57 (14)
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Advanced Supply Demand MT5
Bernhard Schweigert
4.53 (15)
Derzeit 33% Rabatt! Die beste Lösung für jeden Anfänger oder erfahrenen Händler! Dieser Indikator ist ein einzigartiges, qualitativ hochwertiges und erschwingliches Trading-Tool, da wir eine Reihe von proprietären Funktionen und eine neue Formel integriert haben. Mit diesem Update werden Sie in der Lage sein, doppelte Zeitrahmenzonen anzuzeigen. Sie können nicht nur einen höheren TF (Zeitrahmen) anzeigen, sondern sowohl den Chart-TF als auch den höheren TF: SHOWING NESTED ZONES. Alle Supply Dema
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure
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