Abraxis Indicator

  • Indicators
  • Igor Dorn
    Igor Dorn
    🚀 Expert Advisor Developer & Algorithmic Trading Solutions
    MQL4 | MQL5 | Custom Indicators | Strategy Automation
    🌟 About Me:
  • Version: 1.0
  • Activations: 20

This is an indicator that seeks to show support and resistance zones in channels through expansion.


Abraxis Indicator

Discover our innovative Abraxis Indicator, a powerful tool designed for traders seeking to refine their chart analysis and maximize their trading opportunities. This indicator was developed to operate efficiently across different timeframes, allowing you to adjust your strategies according to your needs.

Key Features

  • Calculation of Lines Based on Previous Pillar:

The indicator automatically calculates the high and low of the previous pillar, based on the configured period (e.g., H4). It generates an average from these points, providing a clear visual reference for your investment decisions.

  • Customizable Average Division:

Allows you to configure divisions (e.g., 0.25, which segments the upper and lower averages into four parts, creating three additional lines that help identify support and resistance levels. You can change this value to choose your preferred division).

  • Line Expansion:

Offers the possibility of expanding the lines above the high or below the low of the 4-hour period, providing a broader view of market behavior.

  • Magic Number:

Features a Magic Number functionality, which allows you to use multiple instances of the indicator simultaneously on different charts, without conflicts.

Benefits for the Trader

  • Clear Visualization: Provides more intuitive chart analysis, making it easier to identify trends and reversal points.
  • Flexibility: The ability to adjust the pillar and average divisions allows you to customize the indicator according to your trading strategy.
  • Efficiency: With the expansion function, you can analyze the market more comprehensively, increasing your chances of success.

Conclusion

If you are looking for a tool that combines ease of use with advanced features, the Abraxis Indicator is the ideal choice for you. Get ready to take your trading operations to a new level!


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MonkeyGold   is an innovative tool designed to optimize your operations in the financial market. This system is particularly focused on two crucial areas: The Power of   Fibonacci   Fibonacci : Uses   Fibonacci   sequences to identify support and resistance levels, allowing for a more accurate analysis of market movements. Advanced Calculations   Moving Averages : Integrates calculations based on moving averages to detect trends and ideal entry and exit points. ATR ( Average True Range ): Evalua
This is an indicator that seeks to show  consolidation zones . Discover the Power of Prediction with the   Limiar Latus Indicator ! An innovative indicator designed for traders seeking to identify and anticipate crucial turning points in sideways market movements. Key Features: Predicting Changes:   Utilizes advanced   algorithms   to detect sideways patterns, allowing you to anticipate significant movements before they happen. Clear Visual Analysis:   With intuitive rectangles representing con
Deep Scalping Expert Advisor The Intelligent Scalping Robot for EURUSD on 5-Minute Charts Product Description Deep Scalping is an advanced Expert Advisor (EA) designed for aggressive and precise scalping operations on the EURUSD pair on the M5 timeframe. Combining three proven technical indicators (EMA, RSI, and Bollinger Bands), it identifies high-probability entry opportunities, executing orders with speed and automated risk management. How Does It Work? Entry Strategy: EMA Crossover:   A f
HOW DOES IT WORK? Whale-Inspired Strategy:   Mimics institutional traders by opening multiple positions to "ride" strong trends and maximize profit potential. Profit-Focused:   No fixed Stop-Loss! Risk is managed via   account percentage drawdown   (e.g., 20% max loss threshold). Dynamic Multiplier:   Gradually increases lot sizes (configurable) to amplify gains in volatile markets. Universal Compatibility:   Works on   all forex pairs, metals, indices, and cryptocurrencies   acros
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