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Scalper Dream Dynamic Filtered

The indicator is designed specifically for scalping on trending! market areas on timeframes M5-H1. The complex algorithm is a combination of multiple indicators which change dynamically based on the market situation. In addition to the basic signals, it also has additional ones (more frequent, but less accurate). To built-in switchable filters can be used for filtering signals. The recommended TF is M15. The signal is accompanied by an additional direction line, at the end of which the probability of a price reversal increases. An arrow appears at the opening of a bar and does not disappear, the indicator does not redraw its values!


Parameters:

  • UseConditionsBO - changing priority of the main indicator conditions
  • UseExplosionFilter - enable/disable the filter of direction strength
  • ExplosionFilterFastPeriod - the fast calculation period of the direction strength filter
  • ExplosionFilterSlowPeriod - the slow calculation period of the direction strength filter
  • ExplosionFilterSmoothingPeriod - the smoothing period of the direction strength filter
  • UseLongTrendFilter - enable/disable the long-term trend filter
  • LongTrendFilterPeriod - the calculation period of the long-term trend filter
  • ShowAdvancedSignals - enable/disable additional signals
  • UseExplosionFilterForAdv - enable/disable the direction strength filter for additional signals
  • UseLongTrendFilterForAdv - enable/disable the direction strength filter for additional signals
  • AddDigits - additional accuracy of the indicator
  • ArrowUpCode - the code of the up signal arrow
  • ArrowDownCode - the code of the down signal arrow
  • AdvArrowUpCode - arrow code for the additional up signal
  • AdvArrowDownCode - arrow code for the additional down signal
No reviews
Version 1.5 - 2016.04.19
Removed the information lines from the settings to allow the indicator to be called from experts with the full parameter list.
Version 1.4 - 2016.01.15
Added notifications about signals (arrows).
Version 1.3 - 2016.01.08
All the internal settings are now visible to the user, in order to allow more precise lookup of the optimum parameters.
Version 1.2 - 2015.12.01
A new algorithm for the calculation of entries has been addedю If used, additional signals (ShowAdvancedSignals) are disabled automatically, only main signals are available.

UseAlgo2 - true = enabling the new algorithm, false = using the old algorithm.
Algo2Levels - an additional filter for the new calculation algorithm (the range parameters should be additionally found, e.g. for M5 EURUSD values are 0.0002-0.0005). The value of 0 means that the filter is disabled.
Version 1.1 - 2015.11.03
Changed calculation of direction lines