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Acc NewTrade

Hello, recently I was commissioned to develop an interesting indicator based on a classic "Pin Bar" strategy with some modifications by the author. After I redesigned it, I also added several filters. This resulted in a good indicator, which makes it easier to find market entries in the early stages of its reversal.

The indicator shows good signals both at small and at large timeframes.


Some features:

  • the signals are given on "Pin Bars", which indicate a trend reversal
  • with the help of the filters, only the best "Pin Bars" are selected for the signals
  • does not redraw on closed bars
  • optimum operation algorithm, therefore the terminal does not "freeze"

Sell signals only appear above the МА ± ATR×Coeff channel, and the buy signals occur only below the МА ± ATR×Coeff channel


Input Parameters:

  • Filter 1: Maximum of Bars - signal "Pin Bar', must be the extremum for the specified amount of bars
  • Filter 2: MA Period - МА period for the channel calculation
  • Filter 2: ATR Period - the Average True Range indicator period for the channel calculation
  • Filter 2: ATR Coeff - ATR value multiplier for the channel width correction

Download the trial version for free and test the indicator in your strategy tester. That way you will make sure that the indicator will actually be useful to you.

Thank you for using the indicator, suggestions for improving the indicator are appreciated.

Please review more products here

Reviews 4
Alexander Pivtsaev
211
Alexander Pivtsaev 2016.01.09 08:08 
 

Индикатор мне понравился, отлично дополнил мою ТС!

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Andrii Malakhov
Индикатор, который ищет качественные точки входа в рынок и отображает их в виде стрелок. Действует по сложному алгоритму. Сначала ищет на графике специальные уровни, которые обязательно должны быть пробиты импульсом. Если цена возвращается к этому уровню в виде свечи с длинной тенью и маленьким телом и касается уровня только тенью - возникает точка входа.  Не перерисовывается!  Лучше всего выглядит и отрабатывает на Н1.    Может использоваться как: Индикатор уровней, где цена будет останавлива
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Chantal Sala
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Chantal Sala
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Bermaui Bands
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Muhammad Elbermawi
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Bernhard Schweigert
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STE S.S.COMPANY
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Blahtech Supply Demand
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STE S.S.COMPANY
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Bermaui Deviation Percent
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Muhammad Elbermawi
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Fibonacci Of Yesterday Ultimate
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Thushara Dissanayake
The Fibonacci Of Yesterday Ultimate indicator is designed to trade for most popular Fibonacci strategy that's based on the previous day's high and low. It automatically identifies and show Entry levels , Stop loss levels and Take profit levels , according to the yesterday D1 candle by Fibonacci levels. As well as the traditional Fibonacci tool also included. However, it is very user friendly rather than default available one. On the other hand one more tool included. It automatically identifies
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Support Resistance screnner
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STE S.S.COMPANY
Technical indicator for mt4 that identifies support and resistance based price action with supply and demand levels. 1. Key Features Dynamic Support and Resistance Our indicator is dynamic, which the support and resistance lines generated to coincide with the current price action. Automatic support and resistance The indicator attempts at automatic detection of support and resistance levels by identifying large swings/ pivots in historical price action. Non repaint support and resistance Our
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VWAP Indicator MT4
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Kyra Nickaline Watson-gordon
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Vasyl Calko
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Some traders experience difficulties when it comes to limiting risks. This indicator helps traders define a suitable stop loss to limit trading risks. The indicator provides seven levels of risk limitation (recommended values are 1-3). The greater the risk, the greater the stop loss. Accordingly, the lower the risk, the smaller the stop loss, but the greater the probability of false triggering. In addition, the indicator shows trend signals and the current trend strength. This data can be used t
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Acc Good Scapel
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Vasyl Calko
Since many years I've been working as mql programmer. During this time I have gathered a lot of interesting ideas and developments. I post the most interesting of them here in the Market. Basically, I'm having trouble writing a description of the product, not developing the product itself. About the indicator: I was ordered to convert the indicator from TOS to Meta Trader. The indicator has been greatly modified since then. This is a simple and robust indicator, which can be used with any trend
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Acc NewTrade mt5
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Vasyl Calko
The indicator is based on the classic Pin Bar strategy with some modifications. It simplifies finding market entries in the early stages of a trend reversal. The indicator shows good signals both on small and large timeframes. The MetaTrader 4 version is also present. Some features the signals are given on Pin Bars, which indicate a trend reversal with the help of the filters, only the best Pin Bars are selected for the signals does not redraw on closed bars optimum operation algorithm, therefor
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Naser
1243
Naser 2020.10.03 18:35 
 

Cumbersome and silly. Loss

forextrader147
356
forextrader147 2016.11.17 11:09 
 

"I decided to buy this indicator and i still use it for my trading. Well done!"

Tevita Finau
265
Tevita Finau 2016.03.05 12:24 
 

too many false signal and I dont know why you sale this useless indicator. It is like 50/50 chance so I have to gamble like in the casino.

Alexander Pivtsaev
211
Alexander Pivtsaev 2016.01.09 08:08 
 

Индикатор мне понравился, отлично дополнил мою ТС!

Reply to review
Version 1.1 2016.06.14
Added a quick parameter changing panel, now the indicator usage is more convenient.
Added parameter "Use Panel?". If set to 'false' the quick parameter changing panel is not displayed.