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BeST Trend Exploiter

5

BeST_Trend Exploiter is a Metatrader Indicator  based on a smart proprietary algorithm which can detect the market Median Trend while it filters out the noise providing Buy and Sell Signals and also wherever it is applicable it provides us with TP Levels of High Probability. Additionally as it has Built Inside all the necessary features it can be used as a Complete Strategy of very Impressive Results.

Essential Advantages of the Indicator

  • Clear and Easily Understandable trading rules.
  • Real Time Updated Trades’ Statistics Calculation Table.
  • Never repaints the Entry Points (Arrows) neither the TP Levels.
  • All Signals are always on the "Close of the bar".
  • Runs in all symbols and timeframes.
  • Comes up with sound Metatrader alert, email and push notification (for Entry and TP levels).
  • Cooperative with Expert Advisor development


Trading Rules

=== Enter a Trade - Enter a BUY or SELL Signal at the next Bar’s Opening.

=== Exit a Trade -  Exit all position with a profit or a loss at the next opposite Entry Signal in every case, regardless of the appearance or not of a TP level or  Exit all position with profit at the 1st TP level if and wherever it occurs or Partial exit with profit at the 1st TP level if and wherever it occurs – and close the remaining position with additional profit at the 2nd TP - if it occurs- or anyway at the next opposite Entry Signal even with a loss. The next opposite Entry Signal is always the Stop Level either with a profit (TP) or with a loss (SL). Also preferably we use the less noisy H4 or H1 timeframes while at the TP_Long and TP_Short points of the various trades there is a record of the resulting pips (profitable at a rate of at least 95%) as a clear and helpful indication of the profit possibilty in the various trades.


Input Parameters

    == Basic Settings - for selecting  LB Period for calculating the Median Trend and the TP Factor for calculating the distance of the TP levels  

            == Displaying Settings - for selecting which chart objects and features to show / activate.

            == Graphical Settings - for selecting the color, size and distance of drawn objects

            == Panel Settings - for selecting to show or not the panel and choosing its colors.

            == Alert Settings - for controlling the use of Entry and Exit alerts.

            For EA Developers

            • Buy Arrow  and    Sell Arrow :    Buffers = 3,4
            • TP Long      and    TP Short   :    Buffers = 5,6





















            Bewertungen 4
            Vincent Paul Colombe
            683
            Vincent Paul Colombe 2021.10.13 20:46 
             

            Love that tool. Very good performance when the trend is your friend! Hat-off Eleni!

            tunck
            1164
            tunck 2021.07.14 19:31 
             

            Purchased both MT4 & MT5 versions. Great tool. Very good support!

            Michael Spelts
            576
            Michael Spelts 2020.08.05 22:47 
             

            Great indicator, Eleni's work is extremely thorough and precise.

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            Auswahl:
            Vincent Paul Colombe
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            Vincent Paul Colombe 2021.10.13 20:46 
             

            Love that tool. Very good performance when the trend is your friend! Hat-off Eleni!

            tunck
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            tunck 2021.07.14 19:31 
             

            Purchased both MT4 & MT5 versions. Great tool. Very good support!

            Michael Spelts
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            Michael Spelts 2020.08.05 22:47 
             

            Great indicator, Eleni's work is extremely thorough and precise.

            sjbarber373
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            sjbarber373 2019.12.29 20:15 
             

            Excellent Indicator; am very happy with it performance. And, Eleni's support is great, with very helpful answers. Wish all MQL5 authors were as responsive.

            Antwort auf eine Rezension
            Version 1.50 2021.12.30
            1) New Info Panel
            2) Adding pips Results for TP points
            Version 1.40 2019.08.15
            1. Improving internal functions of Info Panel in order to functionate with
            more Symbols and Brokers while Open Profit can now be calculated in
            · € for EURO Accounts
            · $ for USD Accounts
            · £ for GBP Accounts
            2. Adding a Vertical Line (VL) determining the Opening time/bar of the
            current trade/position.
            Version 1.30 2019.07.16
            In version_1.30 the following features are added:

            · An NEW Info Panel in the upper left corner of the Chart replacing the older Info Panel which now contains additionally
            the following:
            1. The Traded Symbol and its pip value of 0.01 lot in €.
            2. Lot Size (it is an input)
            3. Open Profit in pips and in € (calculated using the Lot Size Input and the Entry Price but not Swaps).

            Note:
            All the above are Real Time Updated and fully adjustable while the Info Panel can be moved anywhere in the chart
            Version 1.20 2019.05.26
            Improving internal functions about Panel Background Color.
            Version 1.10 2019.05.15
            Improving internal functions about Chart background color and trades’ type.