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Prometheus Trade Engine

Prometheus Trade Engine is an indicator that combines price action, ratio based indicator & custom indicators to create this leading indicator that has a multi-timeframe approach to give you high probability trade setups & assist you in making a prediction on what is MOST likely to happen in the market going forward

Features

Reversal Zone

  • Rectangular box on your chart based on a close approximation to 50% & 61.8% Fibonacci retracement levels over the high-low period of 100 bars
  • By default, Blue rectangle is set to indicate that you are temporarily on a LONG trend with 50% above & 61.8% below
  • Red rectangle is set to indicate that you are temporarily on a SHORT trend with 61.8% above & 50% below
  • When the trend changes the it is redrawn automatically depending on your timeframe of choice
  • When it is breached it gives you a [leading] indication that the current trend is MOST likely about to change so adjust your trading rational appropriately
  • When there is NO retracement level then there will be NO Reversal Zone thus NO Price Move, stay out of the market

Price Action Signal

  • Arrow displayed on a specific candle; These arrows are NOT buy/sell arrows; They DO NOT repaint
  • Bullish arrow on a bullish candle price is most likely going to shoot LONG; Bearish arrow on a bearish candle price is most likely going to collapse SHORT
  • Bullish arrow on a bearish candle price will most likely move LONG momentarily before collapsing SHORT; Bearish arrow on a bullish candle price will most likely move SHORT momentarily before shooting LONG

Price Move

  • Based on where price is relative to the Reversal Zone

Daily Move

  • Based on where price is relative to the Daily Open

Daily Index

  • Based on current price relative to the open-high-low-close price of the daily candle; Scale 0 to 100 [0 = daily open & 100 = new high or low]
  • The higher the value the further the price is to the open;

Analysis

  • Trend Strength - Displays overall strength of trend; Scale 50 to 100 [50 = weak & 100 = strong]
  • Asset Strength - Displays strength of asset; Scale 0 to 9 [0 = weak & 9 = strong]
  • Strength Index [RSI] - Displays RSI level
  • MACD - Displays MACD above or below zero

Average

  • Displays multi-timeframe moving average

Momentum

  • Displays multi-timeframe momentum

Direction

  • Displays multi-timeframe average directional movement index

Market Sentiment

  • Displays the traders choice of market direction call or put

Parameters

Period Settings

  • Average Period - Set Moving Average, default set to 50
  • Momentum Period - Set Momentum, default set to 14
  • Direction Period - Set ADX, default set to 14
  • Stength Index Period - Set RSI, default set to 14
  • Reversal Zone Alert - Set alert screen pop-up message, default set to TRUE

Color Settings

  • Symbol Color - Set color symbol on your chart
  • Panel Color - Set color for the right hand panel
  • Value Color - Set color for values on the Analysis Section
  • Bullish Color - Set color for bullish move
  • Bearish Color - Set color for bearish move
  • Flat Color - Set color for flat move
  • ReversalZoneLong Color - Set color for LONG Reversal Zone
  • ReversalZoneShort Color - Set color for SHORT Reversal Zone
  • Timeframe Color - Set color of current chart timeframe

High Probability Trade Setups

Reversal Bounce

  • Take a trade when price has bounced off the SHORT/LONG Reversal Zone based on HIGH PROBABILITY CONFLUENCE from the right hand panel
  • Price MUST be INSIDE/BELOW the SHORT reversal zone for a PUT OR INSIDE/ABOVE the LONG reversal zone for a CALL

Reversal Breach

  • Take a trade when price has breached the SHORT/LONG Reversal Zone based on HIGH PROBABILITY CONFLUENCE from the right hand panel
  • Price MUST be INSIDE/ABOVE the SHORT reversal zone for a CALL OR INSIDE/BELOW the LONG reversal zone for a PUT

FOR CONFIRMATION, get the Prometheus Smart Money https://www.mql5.com/en/market/product/16768 to confirm which trades to take & which ones to avoid

Advantages

  • You can use it in ALL financial markets including binary options on ALL asset classes or instruments
  • Less clutter on your chart giving you a neat & tidy chart therefore no information overload

Recommendations

  • Supported timeframes are M1, M5 & M15; Recommended for ONLY intraday traders
  • Test on a demo account first for at least 2 weeks; Practice makes perfect

Please share your comments, reviews & ratings

Bewertungen 1
Peter
1115
Peter 2017.08.01 18:08 
 

Great indicator and excellent support!

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Divergenzen sind schwierig zu finden und seltener anzutreffen. Sie sind eines der zuverlässigsten Handelsszenarien. Dieser Indikator sucht automatisch mit Ihrem bevorzugten Oszillator nach regelmäßigen und versteckten Abweichungen. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Einfach zu handeln Findet regelmäßige und versteckte Abweichungen Unterstützt viele bekannte Oszillatoren Implementiert Handelssignale basierend auf Ausbrüchen Zeigt geeignete
299 USD
Termi
Termi
Dimitar Pavlov
The indicator gives alerts when 4 conditions are met (based on candle formations and several indicators). The indicator does not repaint or redraw. The signal always come as soon as candle open. Works on any timeframe and any symbol. I recommend to be used on Silver (XAGUSD) on 1M chart or 5M chart. Inputs: Email Alerts - enable/disable email alerts Audible Alerts - enable/disable audio alerts
2 000 USD
Super support and resistance
Super support and resistance
Peter Francois J Thijs
This support and resistance indicator gives u a)support level b)resistance level c)direction(trend) all in one.The indicator is based on the top 3 best levels there are!Red dots are sell direction and green dots are buy direction,if candles dont break these levels u get in after the 3rd dot,always use higher time frames from h1 up so its more clear where direction is going,also u can set the indicator to your time frame that u are lookin at.
1 950 USD
Trend Flasher
Trend Flasher
Amarnath K M
Trend Flasher Trend is your friend is the age old saying quote in trading arena, there are though many ways to gauge the trend and its direction, more scientific measure and logically meaningful will be an ATR break outs to identify and spot the trend and its acceleration, so we created this easy to use trend identification panel and optimized super trend based multi time frame panel entry system to aid and help the traders to make their trading decision. Unique Features of Trend Flasher 1
300 USD
SFO Trend Racer
SFO Trend Racer
Tevin Marshall
SFO Trend Racer system is a trend indicator created by the CEO and Founder of " Simple Forex Options ", Tevin Marshall . It serves 6 different functions all in one. It shows the trader the entry signals as well as exit signals, whether it is a take profit or a stop loss. It also uses trend filters and signal confirmations so that the trader is able to make the most logically fit decision. Trend Racer uses various filters and specific settings from a plethora of indicators. The beauty in this ind
579 USD
PZ Trend Trading
PZ Trend Trading
PZ TRADING SLU
Trend Trading ist ein Indikator, der so weit wie möglich von den Markttrends profitiert, indem er Pullbacks und Breakouts zeitlich festlegt. Sie findet Handelsmöglichkeiten, indem sie analysiert, was der Preis während etablierter Trends tut. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Handeln Sie mit Zuversicht und Effizienz an den Finanzmärkten Profitieren Sie von etablierten Trends, ohne ins Wanken zu geraten Profitable Pullbacks, Ausbrüche und vor
299 USD
Diamond Grail
Diamond Grail
Dmitriy Kashevich
The universal indicator Diamond Grail which received such a name is not so simple! The indicator has been tested for over a year by our experts! One of the best arrow indicators that is perfect for binary options and forex trading, If you trade on binary options, the best ragtime for it is from 3 minutes to a maximum of 5 minutes An arrow appears on the previous candle. If you trade forex, then the opening time from candle to candle Forex result From 40 To 1324 pips! Profitability
800 USD
Advanced Arrow
Advanced Arrow
Alfred Kamal
This indicator depends on some secrets equations to draw Signals with Stop loss and maximum 4 Take profits. There is a free EA depends on this indicator as a gift when you purchase/rent it. Features Simply it gives you entry point as Ready sign (Buy / Sell) and arrow (Buy / Sell) after candle closed, also SL line and 4 TP lines or less. Once SL-TP lines are shown with the arrow, they remains as they are until signal change. It is historical indicator. No Repaint. user manual for V5 please cli
225 USD
The Raven Binary Options Indicator
The Raven Binary Options Indicator
Ellan Dirgantara Tholkhah
UPDATE: Works EXTREMELY well for EURJPY! --> more than 66% win rate monthly Guarantee! I want to introduce you the next-gen unique adaptive Binary options Indicator. This will destroy EURUSD & EURJPY The Raven is so sharp and efficient that it will pick the tops and bottoms of ANY type of market. Can also be used as a Forex Scalper. The Raven signal is based on multiple confirmation analysis. Gets confirmation from the most consistent signals known to man; Ichimoku, SMA, Bollinger Bands; and als
350 USD
Falcon pointer 20
Falcon pointer 20
Moaz Qasem
The falcon indicator works based on the innovative falcon strategy before me, as I used special numbers for the Moving Release indicator and the Bollinger Band, in addition to many indicators for filtering the signal, some numbers from the Nine Square and the Fibonacci numbers, where the results were impressive. We also have a free version for a month in the video description on Youtube download link Thanks
500 USD
Boost Trading System
Boost Trading System
Sebastian Alejandro Merino Sepulveda
Binary & Forex (+ 90% Ratio-Win Next Candle) Wait for the price to reach a good (strong) zone be it support, resistance, supply or demand zone, fibonacci level key, round figure. By doing the above there will definitely be a reversal in price and you will get your ITM on the first candle giving 100% effectiveness following the trend. It is very important to be attentive to the fundamental news in the market and these do not affect your trading. Commercial sessions: any (24 hours). Currency
250 USD
Signal Ultimatum
Signal Ultimatum
Yaroslav Varankin
The tool is quite simple to set up and use. The best options are set by default The tool was developed for the forex market (in the testing results it showed the number of correct signals over 70%) The tool is suitable for both beginners and experienced traders and will be a great addition to your trading system or will become the basis for it the tool uses support and maintenance levels in its algorithm This is our own strategy and unique development signals up arrow buy down arrow sale recomme
500 USD
The Serpent Rider Binary Options
The Serpent Rider Binary Options
Ellan Dirgantara Tholkhah
This is the final evolution of Binary Options Indicator. This Binary Options follows the trend to the end, no matter where the trend moves it follows, like a ninja riding a serpent. Accurate and deadly because it uses the Ichimoku indicator as its base of action, and is refined with other oscillators indicator for more accuracy. You don't have to understand the complexity of ichimoku with this indicator.  If you are here, then i guess you have been testing various other Binary Options indicator,
300 USD
Pro intraday trading
Pro intraday trading
Vahap Yaman
Hi traders, Anyone can trade in forex during the day.. All you need is the" pro intradey trading " indicator. This indicator detects "Safe Buy/Sell" points by processing the "lowest value and highest value in the day" of this instrument at the time intervals you specify, giving you the "target Channel range" instantly on the live chart. It offers buy 3-Buy 4 channels ( 2 blue lines Buy Zone) as Safe Purchase points. It offers sell 1-Sell 2 channels (2 pink lines Sell Zone) as safe selling poin
2 000 USD
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Centaurus Trend Engine
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Philip Muga
Primus Smart Money is an indicator that shows the average of bulls and bears on an asset. Used as a confirmation indicator for bullish and bearish control to assist in predicting future price moves Advantages Used in ALL financial markets including binary options on ALL asset classes or instruments. To be used as a confirmation tool with other indicators Parameters Period - default set to 9 (Recommended) Entry requirements Focus on the clusters on the indicator - the height or depth of the bars
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Primus Trading Engine
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Primus Trading Engine is a trading system that combines price action,ratio based indicators & custom indicators to create this leading indicator with a multi-timeframe approach to give you high probability trade setups for forex,CFD cash/futures,metals & binary option to assist in making predictions on what is MOST likely to happen in the market Main Chart Features Price Action Signal-Arrow displayed on a specific bar;NOT buy/sell arrow;DOES NOT repaint;Bullish arrow on a bullish bar,price is l
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Namiri Trade Engine
Namiri Trade Engine
Philip Muga
Namiri Trade Engine is an ALL in ONE trading system that combines structure, volume, market condition & risk management to give you the MOST flexible & BEST opportunities for A+ trade setups with auto lot size WAIT FOR YOUR A+ SETUP || ONLY TAKE YOUR A+ TRADE || RINSE & REPEAT YOUR A+ MOVE Chart Features Panel - Shows the asset, market, price, pip, account, trade & profit|loss information Structure - Shows areas of support & resistance Risk Management - Shows buy | sell entry zone as well a
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Auswahl:
Peter
1115
Peter 2017.08.01 18:08 
 

Great indicator and excellent support!

Antwort auf eine Rezension
Version 1.1 2019.02.07
Added Entry, Stop Loss & Take Profit Levels