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Retracement Pip Catcher MT5

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Buy and Sell Arrows when price is about to retrace.

It Also Sends Alerts –

  • On MT5
  • To Your Phone
  • To Your Email

  • Does not repaint.

  • Works ony any pair, any timeframe.

  • 10 Activations allowed so you are free from limitations

  • See an example of alerts from today (23 May 2020) using this and 2 other indicators here.


MT4 Version here.

Spreads from 0.1pip RAW/ECN Accounts, click here.

Check out my Waka Esque EA signal here: >> High Risk Settings or Medium Risk Settings.

What is a Retracement and why is it important to you?

As you know, the market goes through phases of trend and retracement.

Price can only move so far in one direction before there is a small "correction" or "retracement" in the opposite direction.

The Retracement Pip Catcher alerts you when this is about to happen. This means you can catch these small movements.


But if they are small movements, can you make a profit?

Yes - even though the movements are small, the stop losses are also small and the reward to risk can be very high.

Of course, you will not win every trade, but if you only take trades with a minimum reward to risk of 3:1, the you only need to win 1 out of 4 to breakeven.


Please see the video below for How to Trade with the Retracement Pip Catcher.


Please remember that when you trade using this indicator that these are retracements. They are counter-trend. Your profit target should only be a few pips compared to the move just before the signal.

Do not be greedy.

Do not trade close to Major News Events.


Using Retracement Pip Catcher should be a part of every Trader’s strategy.


Works very well in conjunction with the Trend Continuation Alerts Indicator.

 

Obviously, this indicator will not predict all the retracements all the time – the markets are unpredictable – otherwise we would all be successful all the time.

This is still Forex and you will not win every trade. Practice on Demo before trading with live money and always use good money management.

Please feel free to message me if you have any questions.

 

SETTINGS:

  • See How To Get The Best Signals Here

Just set the time you want it to start and stop giving signals; and if you want the different types of alerts.

Version 1.3 Added the seting "MinTrendSize".

This allows you to set the minimum number of pips the trend must be before a retracement.

Obviously this will be larger for higher timeframes and will depend on the time of day you are trading.

See comment #2 for a video on how it compares to version 1.0.


 
- Please make sure you adjust the settings for the timeframe and pair you are trading.

 -  Let me know if you need any help.









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STE S.S.COMPANY
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4.89 (9)
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Juvenille Emperor Limited
5 (14)
Matrix Arrow Indicator MT5   ist ein einzigartiger 10-in-1-Trend, der zu   100 % nicht neu gezeichnet   werden kann. Multi-Timeframe-Indikator, der für alle Symbole/Instrumente verwendet werden kann:   Forex ,   Rohstoffe ,   Kryptowährungen ,   Indizes ,   Aktien .  Der  Matrix Arrow Indicator MT5  wird den aktuellen Trend in seinen frühen Stadien bestimmen und Informationen und Daten von bis zu 10 Standardindikatoren sammeln, die sind: Durchschnittlicher Richtungsbewegungsindex (ADX) Rohstoff
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Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3  ( PO3) Equ
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Siarhei Vashchylka
5 (5)
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4.43 (37)
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!! FLASH SALE !!   Over 80% off !!     For ONE week only. Now only $47 - normally $297! >>>      Ends on 30 June 2023 - Don't miss it! Buy and Sell Arrows when price breaks away from mean price. Sends Alerts – On MT4 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT5 Version Here For spreads from a tiny 0.1 pips RAW/ECN Accounts,  click here . Check out my Waka Esque EA signal here: >
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Christopher Graham Parish
!! FLASH SALE !!   Over 80% off !!     For ONE week only. Now only $47 - normally $297! >>>      Ends on 30 June 2023 - Don't miss it! Buy and Sell Alerts when price breaks out following strict price action. Sends Alerts – #On MT5 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT4 Version Here For spreads from a tiny 0.1pip RAW/ECN Accounts,  click here . Check out my Waka Esque EA sign
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!! FLASH SALE !!   Over 80% off !!     For ONE week only. Now only $47 - normally $297! >>>      Ends on 30 June 2023 - Don't miss it! Sends Alerts – On MT5 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT4 Version Here Spreads from 0.1pip RAW/ECN Accounts,   click here . Check out my Waka Esque EA signal here: >>   High Risk Settings  or  Medium Risk Settings . What Is An Order Bl
Introductory Offer!  *** Only $47 - normal price $97 !! *** Ends soon - don't miis it!! The Close Above or Below Price Indicator is part of my suite of Price and Trendline Alerts Indicators. I'm excited to introduce the  Close Above or Below Price Indicator  – part of my new suite of Price and Trendline Alert Indicators – fantastic tools designed to alert you when candles close above or below significant prices in the markets you trade. With this indicator, you can set up to 4 price alerts on a
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Christopher Graham Parish
*** Introductory Offer!  ***  Ends soon - Price will increase - do not miss it! This EA Closes ALL open trades (with the same magic number on the that pair) at a certain level of profit - either in money or in percentage of balance. So if you have multiple trades open, you can choose to close them all as one "basket" using this EA. For spreads from a tiny 0.1 pips RAW/ECN Accounts,  click here . Check out my Waka Esque EA signal here: >>   High Risk Settings  or  Medium Risk Settings . Se
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Version 1.5 2022.10.20
Improved Signals
Version 1.4 2022.07.06
Improved Signals, More Signals
Version 1.3 2022.05.16
Minor improvememnt for more accuracy.
Version 1.1 2022.05.16
Added an input "MinTrendSize" so you can enter the smallest number of pips you want the trend to be before a retracement.
It gives more accurate signals.