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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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The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolute visualizations. Lay
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Bogdan Ion Puscasu
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Wir stellen den   Quantum Heiken Ashi PRO   vor Die Heiken-Ashi-Kerzen wurden entwickelt, um klare Einblicke in Markttrends zu geben und sind bekannt für ihre Fähigkeit, Rauschen herauszufiltern und falsche Signale zu eliminieren. Verabschieden Sie sich von verwirrenden Preisschwankungen und begrüßen Sie eine glattere, zuverlässigere Diagrammdarstellung. Was den Quantum Heiken Ashi PRO wirklich einzigartig macht, ist seine innovative Formel, die traditionelle Candlestick-Daten in leicht lesbare
A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Reversal First Impulse levels (RFI)   -  Version MT4                  INSTRUCTIONS                 RUS                 ENG                         R ecommended to use with an indicator   -  TREND PRO  
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
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4.84 (56)
Dark Power  is an Indicator for intraday trading. This Indicator is based on   Trend Following  strategy, also adopting the use of an histogram to determine the right power . We can enter in good price with this Indicator, in order to follow the   strong trend   on the current instrument. The histogram is calculated based on the size of the bars and two moving averages calculated on the histogram determine the direction of the signal Key benefits Easily visible take profit/stop loss lines Int
Golden Gate Algo MT5
James David Lane
4 (6)
40% RABATT ZU WEIHNACHTEN! PREISERHÖHUNG AUF $250 AM 1. JANUAR! Vorstellung von GoldenGate Entries: Eine hochmoderne Handelslösung! Entdecken Sie einen revolutionären Ansatz zum Handel mit GoldenGate Entries (GGE), einem fortschrittlichen Indikator, der entwickelt wurde, um Ihr Handelserlebnis zu verbessern. GGE bietet eine umfassende Palette von Funktionen, um Benutzer mit Präzision und Vertrauen in ihren Handelsentscheidungen auszustatten. Paare: Beliebig (FX - Rohstoffe - Aktien - Akti
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Siarhei Vashchylka
5 (5)
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all classic timeframes: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all classic timeframes 3. Search for patterns of all possible sizes. Fr
PZ Swing Trading MT5
PZ TRADING SLU
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Swing Trading ist der erste Indikator, der Schwankungen in Trendrichtung und mögliche Umkehrschwankungen erkennt. Es wird der in der Handelsliteratur weit verbreitete Baseline-Swing-Trading-Ansatz verwendet. Der Indikator untersucht mehrere Preis- und Zeitvektoren, um die aggregierte Trendrichtung zu verfolgen und erkennt Situationen, in denen der Markt überverkauft oder überkauft ist und zur Korrektur bereit ist. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte
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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.