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Shooter AM

This indicator is an implementation of the "One shot - one hit" principle. In the course of work on the creation of this product, an attempt was made to achieve the maximum balance between the sensitivity of the indicator and the effectiveness of its signals. This tool is as reliable and effective as a 45 caliber revolver, but in the same way it requires discipline and understanding of the conditions and purpose of use from its user.

The indicator has only one adjustable parameter that determines its sensitivity, which greatly simplifies setting the indicator to the current market and the user's trading style. Indicator signals are given only after the full formation of the bar.

The indicator can be used to trade any market. Its basic parameters perform well in most situations. At the same time, before starting trading, you should choose the most effective indicator settings for the user's trading style.

The indicator is designed to enter the market and place a protective stop order. The indicator does not have the functionality to select the moment of closing a position.

This indicator:
  • Suitable for all markets; 
  • Not redrawn;
  • Intuitive and simple;
  • It can be useful for both beginners and experienced traders;
  • Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction;
Custom Parameters:
  • RISK - indicator sensitivity.

  • Alerts - displays a dialog box containing information about the indicator's signal;
  • Send_Notification - sends a notification to mobile terminals whose MetaQuotes IDs are specified in the settings window on the "Notifications" tab;
  • Send_Mail - sends an email to the address specified in the settings window on the "Mail" tab;
Terms of use:
  • When a buy signal appears (a signal below the low of the last formed bar), a pending buy stop order is placed one point above the high of such a bar (plus the spread);
  • When a sell signal appears (the signal is higher than the high of the last formed bar), a sell stop order is placed one pip below the low of such a bar;
  • Chart points where indicator signals are located are a good choice for setting protective stop orders;
  • Take into account the trend of a longer period. Don't forget - the trend is your friend.
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    Andriy Matviyevs'kyy
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    Andriy Matviyevs'kyy
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    Andriy Matviyevs'kyy
    This indicator is a combination of classic trend indicator and signals of the slow digital filter. The indicator has no configurable parameters. The signals are displayed on completed bars and are not redrawn. It shows high efficiency on periods less than 1 hour. The usage principle is intuitive - trade in the direction shown by the fan of moving averages. Enter once the price exceeds the High/Low of the bar where the signal was formed. Exit on the opposite conditions.
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    The presented indicator uses the Laguerre filter to build an oscillator. The indicator has the possibility of double additional smoothing, which can be useful for small values ​​of the Gamma parameter. The indicator gives three types of signals: Exit of the oscillator from the overbought / oversold zone; The oscillator crossing the middle of the value between the overbought/oversold zones; The oscillator enters the overbought/oversold zone. On fully formed candles, the indicator does not redraw.
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    Version 26.1 2023.10.10
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