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Chances MT4

5

The Investment Castle Chances indicator will show signals on the chart for entering a buy or sell trade. There are 2 types of signals for each direction as follows:

  1. Buy / Sell (Orange colored candlesticks)
  2. Strong Buy (Green colored candlesticks) / Strong Sell (Red colored candlesticks)

You may place a buy trade once you see the Buy arrow or vise versa, or you might prefer to wait for a further confirmation “Strong Buy” / “Strong Sell”. This indicator works best with the high time frames H1, H4, D, W.

However, at reversals, it is best to see the lower time frames for a confirmation on the turning point.

Example:
You load the indicator on NZDUSD on D1 time frame with the Supply and Demand or Support and Resistance indicator. You will see a support below the current price level.

Load the indicators on H1 chart and observe a pullback at strong support, from there you could catch the long trend earlier.

Now, we can clearly see the Price Action and Trend Analysis automatically on the chart. The Price has retested the resistance and it is expected to fall to the next support level.

Settings:
I tried my best to reduce the number of inputs to the minimum possible. Therefore, you will see that most of the inputs are for colors. However, I found the best settings as set the defaults, so you simply install the indicator and you are good to go.

Bewertungen 1
Roopesh R
20
Roopesh R 2023.05.04 20:44 
 

Excellent...will help you avoid buying when in a downtrend and selling in an uptrend.....also great at spotting reversals.....Do note that ultimately Price Action is king and use this indicator as a confirmation or confluence. Analyse the larger trend before entering...do identify the larger supply and demand areas first and take trades in and around those areas for greater success.....Trade Supply/Demand not support resistance and there are higher chances of winning....

Update 1: I had 6 winnning trades thanks to this indicator yesterday, I do have to emphasize that you will have to use the Chances indicator with Investment Castle Demand and Supply and also Investment Castle Support and Resistance. I did turn off the color candles of the Support/Resistance indicator as it was conflicting with the Chances indicator. I have to say the developer did a great job with this indicator. You will not always have winning trades but if your wins are greater than your losses, you will come out on top. Also please do learn Price Action, the chart will tell you what it intends to do, you need patience (a lot of it) and understand market structure. If you don't respect the market, it will kick you out and you will blow your account.

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GET 10% OFF NOW! Last 2 copies at current price! An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate t
Zeichnen Sie automatisch Unterstützungs- und Widerstandsniveaus PLUS Antriebskerzenlücken auf Ihrem Chart ein, so dass Sie sehen können, wohin sich der Preis wahrscheinlich als Nächstes bewegen und/oder möglicherweise umkehren wird. Dieser Indikator wurde entwickelt, um als Teil der Positionshandelsmethodik verwendet zu werden, die auf meiner Website (The Market Structure Trader) gelehrt wird, und zeigt Schlüsselinformationen für die Zielsetzung und potenzielle Einstiege an. Der Indikator v
M1 Arrow
Oleg Rodin
5 (13)
Eine Intraday-Strategie, die auf zwei Grundprinzipien des Marktes basiert. Der Algorithmus basiert auf der Analyse von Volumina und Preiswellen mit zusätzlichen Filtern. Der intelligente Algorithmus des Indikators gibt nur dann ein Signal, wenn sich zwei Marktfaktoren zu einem vereinen. Der Indikator berechnet Wellen eines bestimmten Bereichs auf dem M1-Diagramm unter Verwendung der Daten des höheren Zeitrahmens. Und um die Welle zu bestätigen, verwendet der Indikator eine Volumenanalyse. Dieser
Italo Levels Indicator
Italo Santana Gomes
5 (7)
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO LEVELS INDICATOR  is the best levels indicator ever created, and why is that? Using high volume zones on the market and Fibonacci the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many levels indicators around the internet are not complete, does not help, and it's difficult to trade, but the   Italo Levels Indicator is different , the Ital
Der ADR-Umkehrindikator zeigt Ihnen auf einen Blick, wo der Preis derzeit im Verhältnis zu seiner normalen durchschnittlichen Tagesspanne gehandelt wird. Sie erhalten sofortige Benachrichtigungen per Pop-up, E-Mail oder Push, wenn der Preis seine durchschnittliche Spanne und darüber liegende Niveaus Ihrer Wahl überschreitet, sodass Sie schnell in Pullbacks und Umkehrungen einsteigen können. Der Indikator zeichnet horizontale Linien auf dem Chart an den durchschnittlichen täglichen Range-Extreme
First of all Its worth emphasizing here that this Trading Tool is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal for professional trading. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders. It packs more than 20 useful indicators into one, combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies. This indicator focuses on Smart Money Concepts, providing i
Up Down V9
Guner Koca
5 (1)
indicator is no repaint trend indicator. when red stars up to line that is probably end of long trades. when blue stars up to line that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.
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Auswahl:
Roopesh R
20
Roopesh R 2023.05.04 20:44 
 

Excellent...will help you avoid buying when in a downtrend and selling in an uptrend.....also great at spotting reversals.....Do note that ultimately Price Action is king and use this indicator as a confirmation or confluence. Analyse the larger trend before entering...do identify the larger supply and demand areas first and take trades in and around those areas for greater success.....Trade Supply/Demand not support resistance and there are higher chances of winning....

Update 1: I had 6 winnning trades thanks to this indicator yesterday, I do have to emphasize that you will have to use the Chances indicator with Investment Castle Demand and Supply and also Investment Castle Support and Resistance. I did turn off the color candles of the Support/Resistance indicator as it was conflicting with the Chances indicator. I have to say the developer did a great job with this indicator. You will not always have winning trades but if your wins are greater than your losses, you will come out on top. Also please do learn Price Action, the chart will tell you what it intends to do, you need patience (a lot of it) and understand market structure. If you don't respect the market, it will kick you out and you will blow your account.

Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
36638
Antwort vom Entwickler Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi 2023.05.04 21:01
Thank you twice, for the review and for the information.
Antwort auf eine Rezension
Version 1.1 2022.02.28
Desktop Alerts option is added