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Nostradamus

Nostradamus is a powerful indicator from the set of professional trader. The indicator is based on Andrei Spiridonov's original price calculation method (ESTIMATED PRICE) for the current candle price.


Advantages of the indicator

  • The indicator does not redraw.
  • It works on any timeframes.
  • Works with any trading instruments.
  • Perfectly suitable for scalping and trading binary options.


Parameters

  • ESTIMATED PRICE - indicator line color.
  • Color - color of the ESTIMATED PRICE FUTURE line.


How to work with the indicator

The indicator forms the ESTIMATED PRICE (red by default) when a new candle appears - this main line serves as a guideline for the trader. Therefore, it is important to take all actions to open the trade positions as soon as a new candle appears. It also forms the ESTIMATED PRICE FUTURE line (yellow by default). While a candle is forming, the price of this line is variable and constantly changing depending on the market situation. When the current candle closes, it turns into the main ESTIMATED PRICE line.

The ESTIMATED PRICE FUTURE line is introduced for greater visibility. Using it as a guide, the trader can estimate when the main ESTIMATED PRICE line will be formed when a new candle opens.

As soon as a new candle appears, the ESTIMATED PRICE forms (for clarity, its price is indicated in the same color as the ESTIMATED PRICE line itself). This price is the guide for trading according to the indicator's rule. On the M1-M15 timeframes, it is optimal to trade instruments with low spreads. Simply put, open a trade as soon as a new candle appears in the direction of the ESTIMATED PRICE line. Close the trade once the price reaches this line. One trade within one candle.


The indicator rule

During the formation of the current candle on any timeframe, the price is highly probable to touch the ESTIMATED PRICE level (red by default).


Example

  • You are trading on the M15 timeframe.
  • Wait for the new candle to open.
  • The moment the candle appears, quickly open a trade positions in the direction of the ESTIMATED PRICE line.
  • The target take profit level will be the price of the ESTIMATED PRICE line, red by default.
  • Perform only one trade within the candle formation time.


Important

In case both the ESTIMATED PRICE and ESTIMATED PRICE FUTURE lines coincide or are located very close to each other, it is necessary to wait for another candle to form, since you will not physically have the time to react to the price quick enough when making a trade.

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5 (1)
**   All Symbols   x   All Timeframes   scan just by pressing scanner button ** *** Contact me immediately after the purchase to send you instructions and add you in "Market Structure group" for sharing or seeing experiences with other users. CURRENT PRICE $39..... Future Price $200 Introduction: Market structure is important for both new and professional traders since it can influence the liquidity and price action of a market. It’s also one of the most commonly used techniques to understand tr
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** All Symbols x All Timeframes scan just by pressing scanner button ** ***Contact me after purchase to send you instructions and add you in "123 scanner group" for sharing or seeing experiences with other users. After 15 years of experience in the markets and 3 years of programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Inte
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Das RSI / TDI-Warnungs-Dashboard ermöglicht es Ihnen, RSIs (von Ihnen wählbar) für jedes wichtige Paar, das Sie handeln, sofort zu überwachen. Sie können es auf zwei Arten verwenden: 1. Wählen Sie mehrere Zeitrahmen aus und der Strich zeigt Ihnen, wenn es mehrere Zeitrahmen gibt, die über die normalen Handelsbedingungen hinausgehen. Ein großartiger Indikator dafür, dass der Preis in letzter Zeit stark nach oben gedrückt hat, da er über mehrere Zeiträume hinweg ein überkauftes oder überver
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5 (5)
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** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me after the purchase to send you instructions and add you in "ABCD scanner group" for sharing or seeing experiences with other users. Introduction This indicator scans AB=CD retracement patterns in all charts. The ABCD is the basic foundation for all harmonic patterns and highly repetitive with a high success rate . The ABCD Scanner indicator is a scanner reversal ABCD pattern that helps you identify when the pr
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Owl Smart Levels MT5
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5 (1)
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