Mongol Indicator2

This Expert Advisor uses scalping as its main strategy based on a statistical model called Bollinger Band. It embedded with two exit market strategies called 1st and 2nd dagger. The 1st dagger exits on the mid line of the band and the 2nd dagger exits by trailing until the maximum profit. It is recommended to use both strategies to lower the risk since it would split the lot into half for each dagger. Recommended: M5/M15, EURAUD/GBPAUD, ECN account Please add the news link ( http://ec.forexprost

Using multiple timeframes for analysis with Multi Timeframe Average Directional Index  can provide several significant benefits for traders: Comprehensive Market View: By applying Mtf ADX Standard across different timeframes, traders gain a broader perspective on market dynamics. This allows them to identify trends, patterns, and potential reversal points that might be more apparent or consistent across various scales. Enhanced Pattern Recognition: Multiple timeframes help in identifying repeati

This Dashboard displays signals in grid view for the 28 major fx currency pairs. It is Mainly used for forex scalping in between 10 to 20 pips maximum and can be used on major trend market decisions. It Uses mainly Moving average and does not give false signal. All you need to note is the point in the grid where the signal occurs.  A beep sound is heard whenever there is a new signal and it will be displayedat the top of the chart.

/ ********** ********** ********** ********** ********** ********** ********** ********** ********** ********** / Big Sales for Easter! Price is reduced > 50 % already! Grasp the chance and Enjoy it!  /   ********** **********   ********** **********   ********** **********   ********** **********   ********** **********   / This is a powerful EA that support single order strategy, martingale strategy, multiple timeframes strategy, etc with lots of useful indicators and self defined methods. I

EPriceJPY is a auto-trading EA focused on USDJPY. Trading Concept The operation concept of EPriceJPY is based on an algorithm that tries to determine the Trend. To be more specific, EPriceJPY works with its own calculation logic based on simulation. It is trying to find out the Top or Bottom in a Trend, and open the Short or Long Position accordingly. Don't expect EPriceJPY to open the trade on the highest or lowest level, because EPriceJPY will trade only when the Top/Bottom can be confirmed.

Contact us after purchase (no rent) to access our VIP group. (Set files, tips, trade idea, community) Live result Ziwox Fundamental Trader Ziwox Fundamental trader is a trading assistant that helps financial markets traders reach smart decisions informed by the EA information data. This EA uses real-time online sources + AI tools to catch necessary information like the fundamental bias of currencies, Sentiment of retail traders ratio on a pair, Bank and institute forecast, COT report data, and

https://www.mql5.com/es/signals/1654340 He applies automatic closing and locks automatically. Where you are looking for minimum and maximum earnings per month. With this tool it will help you automatically run SL that are winners Form a Fibonacci Radar Fibo 123 strategy with minimum lottery entries as support and resistance Get aggressive on everything that is in that support and resistance. Active in the following month.

The advantages of EA TWO CANDLE SMART are: It is equipped with various filters, including: maxspread, maxlot, takeprofit (4 step), stop loss (3 step), profit target per day, and many more. Open order BUY = If iClose[2] > iOpen[2] && iClose[1] > iOpen[1]. Open order SELL = If iClose[2] < iOpen[2] && iClose[1] < iOpen[1]. Target_profit_perday=50; ==> can work on forward test. lockprofit=2;//Minimal Profit in money Step_LockProfit_in_Money=25; Stoploss_in_Money=1000; Stoploss_in %=50;==> Stoploss

Smart Trend Forecasting Slope-Based Trend Analysis Indicator with Alert Support Overview Smart Trend Forecasting is a slope-based trend analysis indicator derived from a classic moving average trend model originally developed by Wizard Serg and referenced in Forex Magazine #104. The indicator is designed to monitor: Trend direction Momentum shifts Trend transition conditions Moving average slope behavior It includes visual markers and configurable alert notifications for trend state changes. Ma

Real monitoring :  XAUUSD / H1 Set 2 For more information, please contact us via private message or in   the mql5 group. THERE ARE ONLY 4 OUT OF 10 COPIES LEFT AT A PRICE OF 280 USD! AFTER THAT, THE PRICE WILL BE INCREASED TO 390 USD. AI  Impulse  Scalper   Trade : This   is   an   automated   advisor   implementing   a   scalping   strategy   based   on   price   impulses,   using   an   artificial   neural   network   to   filter   signals   and   manage   risks. Core   idea:   to   capture

PTW NON REPAINT TRADING SYSTEM + HISTOGRAM Non-Repainting ,   Non-Redrawing   and   Non-Lagging  Trading System. Does the following: - Gives Accurate Entry and Exit Points - Scalping, Day and Swing Trading  - 95% Accuracy  - Targets, where to take profits. - Shows Trends, Support and resistance levels - Works on All Brokers - Works on All Currencies, CFDs and Stocks - It does not place trades for you, it only shows you what trades to place. - It works on All Timeframes - It is for Trend or ran

It's a variation of mid of HH and LL since it compares the higher of HH or LL against a period and twice the number of bars back to avoid whipsaws. I used to display this against lines on a chart, but made a histogram out of it and it looks interesting. It looks good at gauging trend strength and general turns (see image below). The name of the indicator is BAM, which is an acronym for "Below and Above Mid". Ways to use it: 1. To see general trend on longer TFs (more than 60 bars back).

Economic Strategist: Advanced Economic Intelligence Economic Strategist is a high-performance trading system designed for professional traders who value a synergy of classic technical analysis and modern capital management algorithms. The bot specializes in identifying institutional price zones and adaptive position management in dynamic market conditions. Built on the principle of Capital Preservation, Economic Strategist implements a multi-level signal filtering system and flexible risk calib

The  Complete Smart Market Concepts  indicator is your all-in-one institutional-grade tool designed to decode  Smart Money Concepts (SMC)  and reveal how the "big players" — banks, hedge funds, and institutions — truly move the forex markets. Built specifically for traders who want to trade like the smart money, this  indicator automatically identifies and plots the most essential SMC elements directly on your charts, giving you crystal-clear insights without manual drawing or guesswork.  

Check out my youtube channel about forex trading robots:  https://www.youtube.com/channel/UCL_p6fuQtNkg-1rRY69t5Ig Message me on telegram if you have any questions:  https://t.me/BRobotTrader H1 TIMEFRAME Updates and improvements(2021.08.12): USE THE SET FILES FROM THE COMMENT SECTION! This is the biggest update in the life of the KILIMANJARO EA, it got new features and NEW engine, plus many new parameters to optimize and play around with. ---It got the official TheNomadTrader Dynamic e

Hello,  As you know more than 90% of people in the financial markets are losers, the most important reason is the lack of a proper fixed system and risk management. I want to introduce you to an indicator that is the result of my 8 years of experience, which shows you the reality of the market. My human dignity does not allow me to guarantee the future, but the table below shows the past statistics of this indicator and its performance which really the market past is the only way to find out the

NosTraderMus_RegLin_PRO Professional Expert Advisor with Linear Regression, MTF filters, and active trade management Recommended: start testing on the M5 (5-minute) timeframe. NosTraderMus_RegLin_PRO is designed for traders who want quantitative, disciplined, and repeatable trading. The EA detects value zones using a linear regression channel and only trades when the context supports it (RSI, DeMarker, multi-timeframe momentum, volume, and spread), while managing each position actively and adapt

Kovner System EA  is a professional and automated scalper. Easy to use, proved strategy and just focused on EURCHF. This EA uses some calculated price actions with 7 indicators' confirmations. The EA sets everything automatically. Advantages NO Grid, NO Martingale, NO Averaging and high risk strategies. The EA always uses Stop Loss and Trailing. Dropdown style Money Management can be set easily. Also, fixed lot size available. No needs extra settings. Default settings are enough. Requirements

Dragon Ball MT4 is newly available with a promotion There are only a few copies left, $599 Next price: $799 Final price: $1599 Real-time live account signals:   https://www.mql5.com/en/signals/2361170 The Best Expert Advisor  on   XAUUSD   any timeframes , H4 breakout strategy, The number of orders placed every day is staggering! Dragon Ball MT4   Updated v1.80 !!      Important update:   Optimized the stability of DB1~DB7 strategy,  Merge ET9 's D1 breakout strategy,  Add MaxStopLoss and MaxT

What is this?  This script not only can help you to place all type of orders, included market order " BUY " / " SELL " and pending order " BUYSTOP " / " BUYLIMIT " / " SELLSTOP " / " SELLLIMIT ", but also, it allow you to place order lots by money management concept. How to use this script? 1. Open the chart you want to trade; 2. Drag and drop the script to that chart; 3. Input the parameter what you want to do; 4. Double check the order information, then click "Yes" to confirm to place order;

A technical indicator that displays information about the trading volume in the form of a histogram of distribution by price levels. It is used as an independent indicator that helps to evaluate the current objective situation of the instrument, as well as in the format of integration with other methods of analysis, to confirm or filter when making trading decisions. Key Features: Interactive profile update, real-time work Five modes of histogram calculation The possibility of separating the vol

TR_BASKET_SYSTEM v3.5 Institutional-Grade Basket Trading System The Problem Most grid systems fail for one reason: They don’t know when to stop. They keep adding positions blindly… Until the account is gone. The Solution TR_BASKET_SYSTEM is built differently. This is not a random grid EA. This is a defensive, structured, multi-layer trading system designed to: Control risk Adapt to market conditions Protect equity And exit intelligently What Makes It Different? This system does NOT rely on entr

Premium MT4 Custom Indicator: Agil Yahya Trend Filter – Boost Your Trading Accuracy with Trend-Based Signals! The Agil Yahya Indicator is an analytical tool for the MetaTrader 4 (MT4) platform, specifically designed to capture the best trend opportunities in the Forex market. Built using an enhanced core Trend algorithm, this indicator combines price volatility calculations and rigorous trend filtering to provide sharp, accurate Entry signals. Key Product Features: Advanced Trend Algorithm:

CHF Portal is designed for Trading USDCHF specifically. Trading Concept The operation concept of CHF Portal is based on an algorithm which tries to determine the Trend. To be more specific, CHF Portal works with its own calculation logic according to historical volatility and price movement. It is trying to find out the Top or Bottom in a Trend, and open the Short or Long Position accordingly. Don't expect CHF Portal can be able to open the trade on the highest or lowest level, because CHF Port

Description The Triangle Breakout Retest Dashboard Pro Multi Symbol is a multi symbol institutional style trading indicator designed for structure based breakout and retest trading. It automatically scans multiple currency pairs, detects triangle consolidation patterns, identifies breakout direction, and waits for a confirmed retest before generating entry signals. This system is built to help traders avoid false breakouts by focusing on confirmation based entries aligned with market structure b

Zenith Aquarius Booster A Refined Strategy Engine for BTCUSD Most Expert Advisors on the market fall into one of two traps: they are either over-optimised to historical data and fail in live conditions, or they rely on grid and martingale recovery logic that averages deeper into losing positions. Zenith Aquarius Booster takes a different approach. Instead of offering dozens of loosely tested combinations across many symbols, Aquarius Booster is specifically engineered for BTCUSD — a market known

****************** ******* ******* *** FREE Trail for Demo *** ****************** ******* ******* 1. Search "ShootingAlert_bot in Telegram 2. Start it 3. Enjoy it EA Alert is using Telegram to do various actions: 1. Check Account Info 2. Check Order 3. Place Order 4. Modify Order 5. Switch user to help trade 6. Check Market Info 7. Show Chart 8. Show Chart with your template It is very useful for order management, especially while you are Working at office or Dine out with friends . It use

Your Key to PASS HFT Prop Firm Challenges   Are you ready to unlock the world of High-Frequency Trading ( HFT ) and take on the challenges set by proprietary trading firms? Look no further than   PropFirmFastPass , the ultimate Expert Advisor (EA) designed to help you pass unlimited HFT prop firm challenges effortlessly .  Unlimited Challenges, One-Time Fee Conquer evaluations from over 13 supported prop firms, including  Quantec Trading Capital , with just a single purchase. Say goodbye to e

Overview Happy Croc is a trend-following and momentum-based technical indicator, it is built upon the classic Bill Williams Alligator logic and significantly enhanced by adding two critical filters: 200 SMA and Stochastic Oscillator for momentum confirmation. The indicator is designed to identify "crossover" events specifically in the direction of the dominant market trend.   Key Functions Trend Filtering (SMA 200) Acts as a primary gatekeeper for signals: Buy arrows are only permitted when the

FxGold Marathon BreakOut is a simple but effective trading system based on breaking out price parttern. EA is a long term stable growth  trading system with realistic result . EA designed for XAUUSD (GOLD) which  is a volatile and highly liquid commodity Features: Account protection by acceptable consecutive loss. Auto MM Don't need fast VPS just laptop or pc and stable internet connection, you can shut down at the weekend then start it up before market opening like i'm doing. All opened positi

M1 SNIPER  is an easy to use trading indicator system. It is an arrow indicator which is designed for M1 time frame. The indicator can be used as a standalone system for scalping on M1 time frame and it can be used as a part of your existing trading system. Though this trading system was designed specifically for trading on M1, it still can be used with other time frames too. Originally I designed this method for trading XAUUSD and BTCUSD. But I find this method helpful in trading other markets

Neuro Poseidon is a new indicator by Daria Rezueva. It combines precise trading signals with adaptive TP/SL levels - creating best possible trades as a result! Message me and get  Neuro Poseidon Assistant  as a gift to automize your trading process! What makes it stand out? 1. Proven profitability on all assets and timeframes 2. Only confirmed BUY and SELL signals present on the chart 3. Adaptive TP & SL levels generated by the software for each trade 4. Easy to understand - suitable for all

SR Liquidity is a trading indicator designed to reveal the hidden zones where market liquidity concentrates and price reacts most strongly. These special liquidity areas act as powerful support and resistance levels, giving you a clear map of where the market is most likely to reverse. Instead of drawing ordinary Support/Resistance lines, SR Liquidity analyzes real price behavior to detect the zones where buying and selling pressure accumulate. These are actually the pools of liquidity that driv

DayTrader PRO (Buy DayTrader PRO and Get another Paid Self Optimizing indicator for Free as Bonus) DayTrader PRO   is an advanced trading indicator that combines John Ehlers' Laguerre Filter with a powerful Auto-Optimization Engine. Instead of using fixed parameters, the indicator automatically searches for the best settings based on recent market conditions, helping you adapt to changing volatility without constant manual adjustments. The indicator generates clear   BUY   and   SELL   signals

This product was   updated   for   the 2026 market   and   optimized   for the   latest MT5 builds. PRICE UPDATE NOTICE: Atomic Analyst is currently available for $99. The price will increase to $199 after the next 30 purchases. SPECIAL OFFER:  After purchasing Atomic Analyst, send me a private message to claim the Smart Universal EA for FREE and turn your Atomic Analyst signals into automated trades. Atomic Analyst is a non-repainting, non-redrawing, and non-lagging price action trading indic

discount ends soon original price 69 $ ZORYK — Advanced XAUUSD Signal System for MetaTrader 4 You know the feeling. You spend time analyzing gold. You wait for the entry. You finally open the trade, and price immediately moves against you. You close too early, move the Stop Loss, or hesitate for a few seconds. Then the market reaches the exact destination you originally expected without you. The direction was not always the problem. The real problem was uncertainty. You did not know exactl

Gann Made Easy is a professional and easy to use Forex trading system which is based on the best principles of trading using the theory of W.D. Gann. The indicator provides accurate BUY and SELL signals including Stop Loss and Take Profit levels. You can trade even on the go using PUSH notifications. PLEASE CONTACT ME AFTER PURCHASE TO GET TRADING  INSTRUCTIONS   AND GREAT EXTRA INDICATORS  FOR FREE! Probably you already heard about the Gann trading methods before. Usually the Gann theory is a

Trading Special – 30% OFF Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch

Scalper Inside PRO helps you read the intraday trend and plan a trade before you enter the market. It is built around three exclusive strategies for a sharper read of the market. The moment a signal appears, the indicator evaluates market direction and calculates the key levels, so you see the potential entry, the expected stop-loss and several profit-taking levels in advance. Detailed performance statistics show how different instruments and strategies performed in history and help you pick ass

Trading Special – 30% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the pot

Presenting one-of-a-kind Gann Indicator for XAUUSD IQ Gold Gann Levels is a non-repainting, precision tool designed exclusively for XAUUSD intraday trading. It uses W.D. Gann’s square root method to plot real-time support and resistance levels, helping traders spot high-probability entries with confidence and clarity. William Delbert Gann (W.D. Gann) was an exceptional market analyst whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient calculation

Forex Breath System is a trend based trading system which can be used with any market. You can use this system with currencies, metals, commodities, indices, crypto and even stocks. It can also be used with any time frame. The system is universal. It shows trend and provides arrow signals with the trend. The indicator can also provide you with a special type of alerts when the signals appear in the direction of the trend which makes trend trading an easy task. The indicator is very easy to use a

BTMM State Engine Pro by G-Labs — Beat The Market Maker indicator for MetaTrader 4. Asian session range, London and New York kill zones, level progression (L1/L2/L3), peak formation detection (PFH/PFL), entry signals, and a multi-pair scanner from one chart. Stop scanning charts one pair at a time. The State Engine tracks the BTMM daily cycle automatically — Asian box, room boundaries, level blocks, peak formations, and filtered entries — while the scanner dashboard shows level, peak status,

KT Renko Patterns identifies eight formations on an existing live Renko chart and draws the pattern structure, a stop-loss reference, and Fibonacci target levels directly on the chart. Set up the Renko chart first. MetaTrader does not create Renko charts by default. Open a live Renko chart with the generator of your choice, then attach this indicator to that chart. The indicator analyzes Renko bricks. It does not create the bricks or place trades. As new bricks arrive, the indicator watches for

PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help

Prop Firm Sniper MT4  is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on   M5 or M15   for Gold (XAUUSD), and   M15 or H1   for more volatile Forex pairs such as   GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper  is a professional market structure indicator designed t

IQ FX Gann Levels a precision trading indicator based on W.D. Gann’s square root methods . It plots real-time, non-repainting support and resistance levels to help traders confidently spot intraday and scalping opportunities with high accuracy. William Delbert Gann (W.D. Gann) was an exceptional market analyst, whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient mathematics which proved to be extremely accurate. Setup & Guide:  Download  MT5 Ver

This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATE NOTICE: Smart Trend Trading System   is currently available for $99. The price will   increase to $199   after the next   30 purchases. SPECIAL OFFER:  After purchasing Smart Trend Trading System, send me a private message to claim the Smart Universal EA for FREE and turn your Smart Trend signals into automated trades. Smart Trend Trading System is a complete non-repainting, non-re

Unlock hidden profits: accurate divergence trading for all markets Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Finds regular and hidden divergences Supports many well known oscillators Implements trading signals based on breakouts Display

Finesia Scalper - High Probability & Non-Repainting System Discounted   Price   !!     Secure the Lowest Price Today. Next The price will increase to   250 USD . Are you looking for a powerful, high-probability trading indicator that removes the guesswork from your chart? Finesia Scalper is a professional-grade, 100% non-repainting trading tool designed to provide you with ultimate precision. Built on a proven algorithm, this indicator seamlessly combines three highly effective trading methodolo

Angle Iindicator - is an indicator for identifying direction changes and trend confirmation. It analyzes price behavior and identifies reversal points, identifying peaks and troughs on the chart. It supports trend directions. Suitable for use on any financial instruments and timeframes. The internal parameters are already configured; all you need to do is place the indicator on the chart and set the "Multiplier" parameter for the desired result. The indicator generates arrows on the current ca

Friends, we present to your attention our new Forex Gump Laser indicator. Since there are no designers in our team, but mainly mathematicians, financiers, programmers and traders, we did not make any special changes in the indicator design. In appearance, it resembles the usual Forex Gump. On the other hand, Forex Gump has become not just the name of an indicator, it is a brand. And we try to preserve the corporate identity in all its varieties. The whole essence of the indicator in its operatio

TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren

Money Flow Profile MT5 HERE   Here   our more valuable tools SMC Trend Trading   ,  Easy SMC Trading  ,  Institutional SMC Architect Volume Analysis Tools  ,  Volume flow Profile  ,  Market volume profile  , FVG with Volume  , Liquidity Heatmap Profile  ,  Volume Spread Analysis This Master Edition is engineered for clarity and speed, featuring a unique Auto-Theme Sync system that instantly beautifies your chart layout upon loading. Key Features: True Money Flow Calculation: Goes beyond stand

Super Signal – Skyblade Edition Professional No-Repaint / No-Lag Trend Signal System with Exceptional Win Rate | For MT4 / MT5 It works best on lower timeframes, such as 1-minute, 5-minute, and 15-minute charts. Core Features: Super Signal – Skyblade Edition is a smart signal system designed specifically for trend trading. It applies a multi-layered confirmation mechanism to detect only strong, directional moves supported by real momentum. This system does not attempt to predict tops or bottoms

The indicator accurately shows the reversal points and price return zones where the   Major players . You see where new trends are forming and make decisions with maximum precision, maintaining control over every trade. VERSION MT5     -     Reveals its maximum potential when combined with the   TREND LINES PRO   indicator What the indicator shows: Reversal structures and reversal levels with activation at the beginning of a new trend. Display of   TAKE PROFIT   and   STOP LOSS   levels with mi

KURAMA GOLD SIGNAL PRO (MT4) — 7-Layer Filter, Auto TP/SL, Quality Score & Signal History Save | Complete XAUUSD Trading System No repaint in real time. The moment a signal appears, the arrow, entry, TP and SL are locked on the spot and never move afterward. What you trade is this real-time signal. And in v7.20, every signal that is actually sent is auto-saved and restored exactly after restart. BUYER BONUS Buy the lifetime license and receive AI Zone Radar (

Specials Discount now. The Next Generation Forex Trading Tool. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator  https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved about the originals, now

Trading Special –40% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a

TREND CATCHER INDICATOR Trend Catcher Indicator analyzes market price movements, using a combination of the author’s proprietary and customized adaptive trend-analysis indicators.  It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior.  It also uses a combination of smoothing and trend-filtering customized indicators such as moving averages, RSI, and volatility filters.   Real ope

It's a variation of mid of HH and LL since it compares the higher of HH or LL against a period and twice the number of bars back to avoid whipsaws. I used to display this against lines on a chart, but made a histogram out of it and it looks interesting. It looks good at gauging trend strength and general turns (see image below). The name of the indicator is BAM, which is an acronym for "Below and Above Mid". Ways to use it: 1. To see general trend on longer TFs (more than 60 bars back).