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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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The signal conditions are a combination of three indicators, and XQ Forex Indicators only display  medium and long-term trends . The indicator's efficacy has been improved with the addition of a filter that blocks out false signals. The XQ Forex Indicator can be used on  FX pairs, CFDs, and Cryptocurrencies . There are two type of signals:  Buy or Sell and Big Long or Big Short It is possible to enable sending emails when a major trend-change signal is detected, as well as to display the alerts
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4.36 (11)
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5 (2)
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STE S.S.COMPANY
4.8 (5)
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Auto Order Block with break of structure Detect Break of Structure , Mark Order Block and draw Entry / Stop and Risk to Reward lines when Order block is touch by price with Alert. Trend is Manually set to filter signals in a direction by a button on the chart. Entry / Stop and Risk to Reward lines can also be switch on / off by button on chart. Futures Auto Mark Break of Structure Auto Mark Order block Auto Mark higher time frame Point Of  Interest ( POI ) Popup Alert when BoS , Order block
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Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
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