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VaviStar retracement indicator

VaviStar is an indicator based on trend retracements determined by ZigZag segments.

It is theorized, and statistics confirm, that stocks react to certain retracement levels. Many use Fibonacci retracement levels (23.6%, 38.2%, 61.8%).

It is assumed that once the price goes beyond the 61.8% retracement, we can already speak of a trend reversal.

This indicator allows you to comfortably chart a segment of the ZigZag with the relative operating levels chosen.

With a reversal mindset, you can use it to trade between stop loss and retracement levels (perhaps 61.8%).

With a trend follower mentality, one can look for a restart after bounces off the retracement level (perhaps 23.6% or 38.2%).

For strategies like these, it is advisable to deactivate the display of the Stop Loss level.

Real-time use.

If we evaluate the current segment and if “show StopLoss line” to “true”, we will be updated tick by tick if the target is still contemplated as it is still closer than the retracement level.

Graphically, the last generated segment will be pointed to and relative levels will be updated with each quotation change.

Historical usage.

The indicator is perfect for searching history. With the push-button panel and the “<” and “>” buttons we can scroll through all the segments and check how our strategy would have worked or we can go in search of key levels.

We may use different time frames to find support and resistance levels.

In the history, based on how we place the mouse on the chart (aiming for the potential market entry point and based on the stop loss - if "show StopLoss line" to "true") we will be notified where the target level would have been placed.

Scrolling back the chart will also allow us to go and find price levels never reached and never touched. Leaving the default parameters we can find those that we could compare to POCs. Let me explain, POCs (point of control) are deduced from strong volumes; with VaviStar we do not use volumes but levels that, statistically, make the price react.

Graphic customization.

In addition to the colors, it will be possible to customize the position of all the elements.

Input parameters:

ZigZag parameters

ZZ Depth: It is used to set the "Depth" parameter of the ZigZag;

ZZ Deviation: It is used to set the "Deviation" parameter of the ZigZag;

ZZ BackStep: It is used to set the "BackStep" parameter of the ZigZag;

Strategy parameters

Retracement %: It is used to set at what retracement percentage a market reaction is expected;

Show Stop Loss line: If set to "true", the Stop Loss line will be drawn starting from the right end of the ZigZag segment;

StopLoss Shift: Used to set how many points of distance to place the Stop Loss line with respect to the maximum and minimum indicated by the Zig Zag segment;

Yield multiplier: It is used to set the target based on the distance from the Stop Loss;

Graphic parameters

Font size: It is used to set the font size; the size of all the graphic elements depends on this parameter;

Distance X line 1: It is used to set the distance of text line 1 from the ordinate axis;

DistanceY line 1: It is used to set the distance of text line 1 from the abscissa axis;

Distance X line 2: It is used to set the distance of text line 2 from the ordinate axis;

DistanceY line 2: It is used to set the distance of text line 2 from the abscissa axis;

Text color if BUY: Serves to set the text color in bullish situations;

Text color if SELL: It is used to set the text color in bearish situations;

StopLoss line color: It is used to set the color of the line indicating the Stop Loss level;

Retracements % line color: It is used to set the color of the line indicating the retracement level;

Target line color: It is used to set the color of the line indicating the Target level;

Edit text color: It is used to set the color of the text in the edit window;

Show area: If true, an area will be drawn around the retracement line;

Area width in %: It is used to set the width, expressed as a percentage, of the area around the retracement line;

Color area: It is used to set the color of the area around the retracement line;

Distance X Buttons: It is used to set the distance of the push-button panel from the ordinate axis;

Distance Y Buttons: It is used to set the distance of the push-button panel from the ordinate axis.

For any information or for further operational suggestions, write to us at info@followthegainstar.com.

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Take Your Trading Experience To the Next Level ! and get the exclusive TFSR-Analyzer for free !    So you have all these outstanding features  on up to 20 symbols and all timeframes in a smart and clear Design. Correct identification of the trends  in stock investments are pivotal and TrendFollowerSR ensures this perspective while displaying the correct trend on multiply timeframes to help you go long way as much as possible. The latest technology of the Indicator enables to track whether if
149 USD
Swing Scanner
Reza Aghajanpour
4.38 (13)
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me after the purchase to send you instructions and add you in "Swing scanner group" for sharing or seeing experiences with other users. CURRENT PRICE $39..... Future Price $200 Introduction: Swing Scanner is the indicator designed to detect swings in the direction of the trend and possible reversal swings. The indicator studies several price and time vectors to track the aggregate trend direction and detects si
39 USD
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
49 USD
FX Volume
Daniel Stein
4.66 (32)
Dem intelligenten Geld zu folgen ist endlich möglich! FX Volume ist der ERSTE und EINZIGE Volumenindikator, der einen ECHTEN Einblick in die Marktstimmung aus Sicht eines Brokers bietet. Es bietet fantastische Einblicke in die Positionierung institutioneller Marktteilnehmer, wie z.B. Broker, auf dem Forex-Markt, viel schneller als COT-Berichte. Diese Informationen direkt auf Ihrem Chart zu sehen, ist ein echter Game-Changer und eine bahnbrechende Lösung für Ihren Handel. Bitte lesen Sie un
33 USD
TrendLine PRO MT4
Evgenii Aksenov
4.87 (252)
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Advantages of Trend Line PRO Never redraws its signals The possibility of using it as an independent strategy It has three automatic levels Take Profit and Stop Loss leve
99 USD
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.57 (7)
TakePropips Donchian Trend Pro   (MT4) ist ein leistungsstarkes und effektives Tool, das mithilfe des Donchian-Kanals automatisch die Richtung des Trends erkennt und Ihnen Handelssignale für den Ein- und Ausstieg liefert! Dieser Multifunktionsindikator umfasst einen Trendscanner, Handelssignale, ein statistisches Panel, einen Screener, Handelssitzungen und ein Dashboard für den Verlauf von Warnungen. Es wurde entwickelt, um Ihnen Handelssignale zu liefern und Ihnen Stunden beim Analysieren der C
49 USD
Dieses Dashboard ist ein Warntool zur Verwendung mit dem Indikator für die Umkehrung der Marktstruktur. Sein Hauptzweck besteht darin, Sie auf Umkehrmöglichkeiten in bestimmten Zeitrahmen und auch auf die erneuten Tests der Warnungen (Bestätigung) aufmerksam zu machen, wie es der Indikator tut. Das Dashboard ist so konzipiert, dass es auf einem eigenen Chart sitzt und im Hintergrund arbeitet, um Ihnen Benachrichtigungen zu Ihren ausgewählten Paaren und Zeitrahmen zu senden. Es wurde entwickelt,
49 USD
The breakout algorithm is a technique based on price, price features, to shape a breakout strategy. The strategy in this indicator will not be redrawn (none-repaint indicator), it is suitable for short or long term traders In the screenshot is the EURUSD pair, these currency pairs, commodities or stocks, it have similar strength *Non-Repainting (not redrawn) *For Metatrader4 Only *Great For Scalping *Great For Swing Trading *Arrow Entry, Green is Long, Red is Short *Works On Any Timeframe *Work
9 900 USD
** All Symbols x All Timeframes scan just by pressing scanner button ** ***Contact me after purchase to send you instructions and add you in "All Divergences scanner group" for sharing or seeing experiences with other users. CURRENT PRICE $49 ..... Future Price $200 Introduction Divergence is a main technique used to determine trend reversing when it’s time to sell or buy because prices are likely to drop or pick in the charts. All Divergence indicator can help you locate the top and bottom of t
49 USD
Trend Scanner GS
Vasiliy Strukov
5 (9)
Trend Scanner scannt Markttrends aus Multi-Symbolen und Multi-Time-Frames und zeigt sie auf einem beweglichen Panel auf dem Chart an, den er zur Analyse verwendet. Der Händler kann mehrere Paare seiner Wahl zur Anzeige auswählen. Trend Scanner ist ein großartiges Tool, um die Richtung des Trends zu sehen, und kann für den manuellen Handel oder den EA-Handel verwendet werden, indem nur Kauf- oder Verkaufsaufträge gemäß dem Trend zugelassen werden. Echtzeit-Ergebnisse können hier eingesehen wer
50 USD
DERZEIT 26% REDUZIERT! Dieser Indikator ist eine super Kombination unserer beiden Hauptindikatoren ( Advanced Currency Strength 28   &  Advanced Currency IMPULSE with ALERT ). Er zeigt Währungsstärkewerte für TICK-UNITS und Alarmsignale für 28 Forex-Paare an. Es können 11 verschiedene Tick-Units verwendet werden. Diese sind 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, und 30 Sekunden. Der Tick-Unit-Balken im Unterfenster wird angezeigt und nach links verschoben, wenn mindestens 1 Tick innerhalb des Seku
148 USD
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180 USD
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Version 1.41 2023.01.25
Change Logo and bug fix