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Alert Signal Chess King Trading Opening

49 USD

Demo downloaded: 15

Published: 29 May 2025

Current version: 1.3

Alert Signal Chess King Trading Opening

Indicators
Andres Felipe Carvajal Rodriguez
Andres Felipe Carvajal Rodriguez
Algo Trading Developer at Ind.

Colombia

11358
4.8 (8)
I do not develop indicators to follow the market. I develop algorithms to understand it.
My goal is to transform price complexity into objective, robust, and efficient tools that help traders make decisions with greater precision, consistency, and risk control.

35 products 3 topics 13 comments
Version: 1.3
Updated: 10 September 2025
Activations: 20

"The Chess Strategy Applied to Forex Trading"

Imagine the market as a chessboard. Each technical indicator is a unique and powerful piece, with its own distinct function. This intelligent system combines six key "pieces" that work in harmony to detect high-probability entry signals:

Pawn (EMA 50): Your nimble scout, detecting rapid changes in the short-term trend.
Rook (EMA 200): A steadfast fortress, confirming the overarching major market trend.
Knight (Bollinger Bands): Agile and unpredictable, identifying market volatility and potential reversal zones.
Bishop (RSI): Sharp and precise in its movements, it measures overbought and oversold levels to gauge price momentum.
Queen (MACD): The most powerful and versatile piece, analyzing momentum and trend direction.
King (Secret Filter): The strategic mastermind. This crucial filter is designed to allow signals to pass, focusing on periods of consolidation or indecision. This ensures the indicator concentrates on potential breakouts or reversals, rigorously eliminating up to 90% of low-potential trades in excessively strong trending or erratic markets.

"The board is the market. The pieces are your tools. Play like a Grandmaster."

What the Indicator Does: The Chess King Trading Opening indicator provides precise entry signals by identifying a strong convergence among its "pieces," meticulously validated by the King's Secret Filter.

Signal Logic:

Bullish (Buy) Signal:
- Pawn & Rook: EMA 50 is above EMA 200, confirming an uptrend.
- Queen: The MACD shows a bullish crossover.
- Knight: The price is in the lower half of the Bollinger Bands (between the lower band and the middle line), suggesting a pullback or a value area.
- Bishop: The RSI is above 30 (not oversold), indicating room for upward movement.
- King: The Secret Filter confirms periods of market consolidation or indecision, ideal for catching new impulses or reversals.
Bearish (Sell) Signal:
- Pawn & Rook: EMA 50 is below EMA 200, confirming a downtrend.
- Queen: The MACD shows a bearish crossover.
- Knight: The price is in the upper half of the Bollinger Bands (above the middle line), suggesting a rally into resistance or an overextended move.
- Bishop: The RSI is below 70 (not overbought), or showing a pullback from overbought conditions, indicating potential for downward movement.
- King: The Secret Filter confirms periods of market consolidation or indecision, ideal for catching new impulses or reversals.

Visual & Alert Features:

On-Chart Signals: Clear buy (up arrow) and sell (down arrow) signals displayed directly on your chart.
Indicator Lines: Visual representation of the EMA 50 (Pawn), EMA 200 (Rook), and Bollinger Bands (Knight) for comprehensive analysis.
Multi-Platform Alerts: Customizable alerts via pop-up, sound, email, and push notifications to your mobile device, ensuring you never miss a critical setup.

Suggested Exit Management: This indicator provides excellent entry guidance. For efficient exits, we suggest:

Stop Loss: Place your Stop Loss at the Bollinger Band opposite to your entry.
Take Profit: Aim for the Take Profit at the Bollinger Band in the direction of your entry.
Partial Exit or Trailing Stop: Utilize the fast EMA (Pawn) to adjust and manage your trade as the price evolves.

"The King will turn good signals into great opportunities."

How to Use It:

Timeframes: Ideally suited for H2, H4, and Daily charts, but also performs well on M5 and higher timeframes.
Compatibility: Fully compatible with any currency pair or trading asset available on MetaTrader 5.
Risk Management: Always apply solid risk management (1-2% of capital) per trade to protect your account.

"When you see a good move, look for a better one." — Emanuel Lasker, chess world champion for 27 years

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Screenshot #1 Alert Signal Chess King Trading Opening

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What This Indicator Does This indicator automatically analyzes the chart to identify Elliott Wave patterns (impulses and corrections) and shows you where waves 1, 2, 3, 4, and 5 are in real-time. It also includes price projections , volume validation , and triangle detection . How Does the "Radar" Version Improve on It? Target Projection: It suggests where the price might be headed in wave 5. Volume Validation: It confirms whether volume supports the detected pattern. Triangle Detection: It iden

Trend BB MACD with ADX Filter The Trend BB MACD with ADX Filter is an advanced technical tool that combines Bollinger Bands (BB) , MACD , and the Average Directional Index (ADX) . It now incorporates a complete directional analysis system with +DI and -DI , as well as cross-confirmation options with MACD. This tool is designed to provide precise and filtered trading signals, optimized for scalping , intraday, and swing trading. It helps identify not only the direction but also the strength and r

TDI Laguerre The TDI Laguerre is an evolution of the popular Traders Dynamic Index (TDI) indicator. It replaces the classic RSI with a Laguerre filter , offering a smoother, more sensitive, and precise reading of price action. This advanced version combines elements of volatility, moving averages, and visual signal detection with configurable alerts. What Does This Indicator Do? This indicator displays: A smoothed Laguerre line based on the closing price. A short-term EMA signal line overlaid

Trading Exporter for AI Assistant is a professional indicator for MetaTrader 5 designed to export comprehensive and structured trading data in JSON format. Its purpose is to enable any Artificial Intelligence (AI) assistant—whether free or paid, such as ChatGPT, Gemini, Copilot, Claude, or DeepSeek—to analyze the information and provide personalized recommendations, strategies, and explanations. Special Recommendation: DeepSeek While this exporter works with any AI, DeepSeek is especially recomm

StochW%R Momentum Oscillator – Your Smart Hybrid Momentum Indicator Precision. Noise Filtering. More Reliable. Tired of traditional oscillators generating false signals in volatile markets? The StochW%R Momentum Oscillator is the evolution in momentum analysis, combining the best of the Stochastic and Williams %R into one powerful, customizable indicator. Key Benefit: It reduces market noise and provides cleaner signals thanks to its intelligent fusion algorithm, with early alerts for trend chan

BB KC Hybrid Squeeze Band – Advanced Volatility and Compression Indicator The BB KC Hybrid Squeeze Band is a next-generation technical indicator that intelligently combines Bollinger Bands (BB) and the Keltner Channel (KC) into a single hybrid structure. Designed to provide a more accurate reading of market volatility, compression, and expansion environments, this indicator allows for the detection of key opportunity zones with greater anticipation and less noise. What Does It Do? Dynamic Hybrid

Theme Switcher - Personalize Your Trading Terminal Description The Theme Switcher is an interactive panel that lets you quickly change the color scheme of your MetaTrader 5 chart. Designed for traders seeking a comfortable and personalized visual environment, This tool offers a variety of theme styles inspired by brands, movies, and professional designs. How to Use It Open the panel: Simply add the indicator to your chart, and a window with buttons for different themes will appear. Select a them

GoGo Breaker – The Master Candle Signal Smart Signals Based on Price Action with Advanced Filters GoGo Breaker is a powerful trading indicator that uses the "Master Candle" pattern to identify high-probability opportunities in real-time. Designed for traders seeking fast and precise entries , it is ideal for scalping, intraday, and swing trading . Automatically detects buy/sell signals with clear arrows. Works in all markets: Forex, indices, commodities, and cryptocurrencies. Flexible: Can be us

MultiFrame Momentum Indicator The MultiFrame Momentum is an advanced indicator that simultaneously analyzes multiple market timeframes to identify moments of directional convergence . Its unique design seeks momentum coincidences across different timeframes, generating clear visual signals via a line that changes between green (bullish) , red (bearish) , and gray (neutral) . Essential Configuration and Testing The indicator's effectiveness is entirely dependent on the customized timeframe config

Projective SR - Real-Time Projected Support and Resistance Projective SR is an advanced indicator that automatically detects key support and resistance points on the chart and projects them diagonally and dynamically into the future , anticipating potential areas where the price might react. Unlike traditional indicators that only show static, fixed levels, Projective SR analyzes price geometry , identifies the most relevant pivots, and draws sloping lines that adapt to market movement. These li

Laguerre RSI: An Advanced Oscillator for Market Analysis The Laguerre RSI is an advanced oscillator based on digital filters, developed by John Ehlers. This indicator smooths price fluctuations using a technique called the Laguerre filter , allowing for more precise detection of overbought and oversold zones while reducing market noise. The Laguerre RSI oscillates between 0 and 1 , with standard levels set as follows: Overbought: above 0.75 Oversold: below 0.25 This indicator is ideal for detect

Virtual Candle Blocks – Visualize the market without limits Virtual Candle Blocks is an advanced indicator for MetaTrader 5 that allows you to create and visualize candles of any custom timeframe, including those not natively available on the platform. Key Features: Custom Timeframes: It groups base chart candles into blocks of your desired duration (e.g., 5h, 14h, 28h, 72h, etc.) to form a new virtual candle. This gives you access to exclusive timeframes found on premium platforms like TradingV

The Adaptive Fibonacci Zones is an enhanced, dynamic version of the classic MetaTrader 5 Fibonacci retracement. Its main difference from the native Fibonacci tool is that you don't need to manually draw the levels or subjectively decide where to measure the retracement from. The indicator does this work for you: it automatically detects relevant market swings (highs and lows) using fractals and an ATR-based volatility filter. This way, the Fibonacci adapts to the market in real time, displaying

Advanced ADX Pro: Take Your ADX Analysis to the Next Level The Advanced ADX Pro is an advanced trading tool designed to transform your experience with the traditional Average Directional Index (ADX) indicator. Created to offer greater convenience, control, and visual and auditory clarity, this indicator goes far beyond the capabilities of MetaTrader 5's (MT5) native ADX. What is ADX and Why is it Crucial? The ADX is a vital technical indicator that measures the strength of the market trend . I

49 USD

Correlation Nexus Correlation Nexus: Master the Direct or Inverse Relationship Between Pairs Correlation Nexus is an advanced technical indicator for MetaTrader 5 that detects trading opportunities based on the statistical correlation between two financial instruments. This system allows traders to profit from both positive (direct) correlations and negative (inverse) correlations , adapting dynamically to different currency pairs, indices, or commodities. Unlike conventional tools, this indicat

LCD Laguerre Convergence Divergence: An Advanced MACD The LCD Laguerre Convergence Divergence is an advanced technical indicator designed to improve upon the classic MACD, offering faster, more sensitive, and adaptive momentum detection. Its key advantage is the use of Laguerre filters , which react more precisely to price changes than traditional moving averages. Key Advantages Higher Sensitivity & Less Lag: Laguerre filters generate earlier entry and exit signals, which is crucial in volatile

Pro MA 5 – The Professional Moving Average Suite The Most Complete Moving Average System for MetaTrader 5 Pro MA 5 revolutionizes technical analysis by offering a powerful, customizable, and efficient interface to detect trends with surgical precision . What is Pro MA 5? It's an advanced indicator that integrates up to 5 configurable moving averages with intelligent alerts , an interactive panel , and an optimized design for trading on any instrument or timeframe. It's an all-in-one solution

Discover the secrets big players don't want you to see. Have you ever wondered if the market's "whales" always enter at the same time and in the same direction? This indicator shows you. It doesn't give entry signals, but it reveals historical patterns of movement by hour or day that would normally go unnoticed. For example, you could discover that on Thursdays at 3:00 PM, EURUSD has an 80% probability of moving upwards . It's ideal for traders who want to confirm hourly biases or identify high

Trading Advisor - A Helping Hand This indicator is designed to advise and support traders in their operations, offering real-time quantitative market analysis. It is not an automated decision-making tool, but an intelligent assistant that provides: Market diagnosis (bullish/bearish trend, range, volatility) General recommendations (when to buy, sell, or wait) Suggested risk management (Stop Loss and Take Profit based on ATR) Psychological tips for maintaining discipline It's ideal for traders lo

Scalping Timer – Real-Time Precision for Demanding Scalpers Scalping Timer is a compact visual indicator designed specifically for scalpers and day traders who rely on perfect timing and minimum transaction costs . This real-time panel displays two essential metrics for scalping: Exact countdown of the remaining time until the candle closes as set on the chart. Immediate visualization of the current symbol's spread. With this critical information at your fingertips, you can anticipate sharp move

What is Pi Cycle Projections? Pi Cycle Projections is a comprehensive trading system for MetaTrader 5 that gives you a dual advantage: it not only identifies high-probability entry signals (Moving Average crossover) in the present but also charts a visual map of potential future market scenarios. Think of it as a two-in-one system: An Intelligent Signal Generator that tells you when to act (Pi moving average crosses). A Strategic Cycle Projector that shows you where the price could go. Both func

This indicator is an advanced loss position monitor, designed to help you react in time and protect your capital. It analyzes all open trades on the current symbol in real-time, calculates volatility using ATR on multiple timeframes, and determines how close the price is to your Stop Loss. It displays visual lines ( dynamic Stop Loss and Break-Even ) and a Bloomberg-style panel with key information for each trade: Loss percentage relative to your balance Distance to Stop Loss in pips and ATR mul

Real-Time Synthetic FX Rate Real-Time Synthetic FX Rate is an advanced indicator designed to calculate a robust, synthetic exchange rate estimate for any currency pair available on your broker (including Majors, Minors, and Exotics). Its goal is to offer a dynamic reference that reflects price formation minute-by-minute , providing an orientational guide before the publication of official rates or institutional validations. How It Works: The Robust Hybrid Model The indicator generates its synthe

MarketCrack – Whale Detector: Aligning with Smart Money MarketCrack – Whale Detector is a professional indicator designed to visually and proactively detect the activity of large market participants, known as "whales." Its purpose is to identify key moments of significant institutional pressure, allowing traders to align with the direction of smart money and make strategic decisions with greater confidence. Functionality and Objective MarketCrack – Whale Detector analyzes price action and volume

89 USD

Smart Volume Flow The Smart Volume Flow is a professional volume analysis tool that takes order flow interpretation to a higher level. It's designed to go beyond simple bar counting by combining hybrid volume , trend context , multi-timeframe filters , and directional strength validation (ADX and +DI/-DI) . Its goal is to dissect, weight, and contextualize market activity, transforming raw data into tactical information for more precise decision-making. What Makes It Different? Unlike MetaTrader

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Here is the coherent translation of the text into English: The Oracle Oscillator is a true revolution in technical analysis. Instead of forcing the trader to watch multiple oscillators at the same time—like RSI, Stochastic, Williams %R, DeMarker, and the Laguerre Filter—this indicator unifies the best of each into a single hybrid line (DodgerBlue color), perfectly calibrated to be reactive to real movements while filtering out market noise , thus avoiding the false impulses that confuse so many

49 USD

Dragon Bands Z: Visual Trend Analysis Indicator Dragon Bands Z is an indicator designed to simplify chart reading through the visual consolidation of multiple technical sources. Its objective is to provide a clear indication of market direction and strength, without the need for charts cluttered with numerous individual indicators. The indicator uses a hybrid color fill to translate price action into four primary visual states: Green: Indicates a predominant upward directional force. Red: Confir

49 USD

SMART STRUCTURE: The Ultimate Institutional Analysis Tool (SMC) See the Market the Way Smart Money Does. Imagine having an unfailing trading assistant that not only points out an opportunity but completely automates Smart Money Concept (SMC) analysis , revealing the market's structural strength in real time. That is SMART STRUCTURE . It's not just another signal. It's a professional analysis engine for MetaTrader 5, designed to instantly map market structure and high-probability zones, giving yo

49 USD

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