Market / MetaTrader 5 / Indicators /

GT Indicator

FREE

Published: 23 July 2024

Current version: 1.6

GT Indicator

Indicators
Alexander Martin Koenig
Version: 1.6
Updated: 21 January 2025

Version 1.5: manual color change added

This indicator helps to trade price action and momentum strategies like Guerrilla Trading or similar strategies.

The indicator displays:

most recent highs and lows
number of consecutive breaks
past breaks of most recent highs and lows
retest lines
flag formations
manual color change

User can change colors. Go to Indictor Properties/Input, set "Auto Color" to false and change the colors. Set "Auto color" back to true to go back to pre-set colors.

Please watch out for my Expert Advisors that will allow

trade/pending order placement
automated trade management
alarm setting for flag formations
dashboards for market conditions
excessive backtesting features

more...

651

eryuechunshen 2025.01.21 12:30 #

That's great

Максатбек Жаныгулов 2025.01.10 07:33 #

Спасибо хороший работа

170

Gumar Zakirov 2024.10.25 22:44 #

Спасибо Вам большое за Ваш труд! Хорошее дополнение к моей торговой системе.

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This Utility is designed for price action strategies, trading flags and retests, such as Guerrilla Trading and similar strategies It allows to: place pending orders for retests (on the Retest line or x PIPs away from the retest line) place orders for flag formations calculate lotsizes based on account size, currency pair and risk percentage split trades and place multiple trades if lot size exceeds max lot size given by broker manage trades with a trailing SL/TP behind the most recent highs/lows

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651

eryuechunshen 2025.01.21 12:30 #

That's great

Максатбек Жаныгулов 2025.01.10 07:33 #

Спасибо хороший работа

170

Gumar Zakirov 2024.10.25 22:44 #

Спасибо Вам большое за Ваш труд! Хорошее дополнение к моей торговой системе.

asdelan 2024.10.02 07:39 #

very good

448

Michael-MT5 2024.08.24 11:39 #

User didn't leave any comment to the rating

Alysah78 2024.08.10 18:11 #

I trying to understand how to use GT Indi here but still can't....if any detail about how to use and know about what actbomb mean?

573

Aldo Doberti 2024.08.09 08:10 #

Good Work Mister

harryvu.hai 2024.08.06 20:49 #

Guerrilla <