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Levels of support or resistance by Gerchik

The indicator for the detection of the local resistance/support levels for the trend breakout/rollback trading.

With the help of this indicator the matches of the Low/High prices are found, which allows to identify a large order placed by a moneymaker. Once the level is found, a signal is generated, the local resistance or support level is underlined. You just need to place order to the breakout/rollback from the trend line.

Suitable for trading using the Gerchik system.

The indicator works on multiple currencies and on any timeframe.


Parameters:

  • Color of line - color of the line to underline the resistance/support levels.
  • Thickness of line - thickness of the line
  • Analyze bars - size of the analyzed candlestick group
  • Deviation (in Pips) - allowed deviation in pips during the evaluation of a candlestick group
  • Min matching bars - the minimum number of matching candlesticks
  • Name file in Sounds - file name in the Sounds folder to play a sound signal when a new level is found.
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TPA True Price Action MT5 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
168 USD
MR Range Breakouts 5
MR Range Breakouts 5
Sergey Khramchenkov
The indicator created for the "Masters of Risk" trading system.      It shows the breakouts of the Range.      Shows the structure of the market and how is formed accumulation of volume on a large scale.      Red rectangles show where buyers remain locked in Range.      Blue rectangles show where sellers remain locked in the Range.      Yellow rectangle show the struggle between buyers and sellers in the Balance.      Dashed rectangles have been consumed by the market in both directions.      I
150 USD
PZ Triple Top Bottom MT5
PZ Triple Top Bottom MT5
PZ TRADING SLU
The triple top and bottom pattern is a type of chart pattern used in to predict the reversal of trend. The pattern occurs when the price creates three peaks at nearly the same price level. The bounce off the resistance near the third peak is a clear indication that buying interest is becoming exhausted, which indicates that a reversal is about to occur.   [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Customizable colors and sizes Implements p
69 USD
Ratio Bollinger Bands Indicator
Ratio Bollinger Bands Indicator
Vinicius Machado
Bandas de Bollinger para trading por correlação em Forex. __________________________________________________ Mas o que é correlação? "Em  probabilidade  e  estatística ,  correlação , dependência ou associação é qualquer relação estatística ( causal  ou não causal) entre duas  variáveis [1]  e correlação é qualquer relação dentro de uma ampla classe de relações estatísticas que envolva dependência entre duas variáveis. [2]  Por exemplo, a correlação entre a estatura dos pais e a estatura dos pai
480 USD
FX Power MT5
FX Power MT5
Daniel Stein
You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Power   is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key Features Complete str
75 USD
MR Reversal Patterns 5
MR Reversal Patterns 5
Sergey Khramchenkov
The indicator was created for the "Masters of Risk" trading system.   It shows the change in the trend structure of the market.  Indicator shows the key places in the market.  The patterns contain accumulated volume in the market.  The structure of the models is similar to the  MW indicators, but is created from scratch by the author's methodology.  Of the Patterns - Pattern 1 is more powerful than Pattern 2 for breaking the tendency of market movements.  In combination with "MR Range Breakouts
150 USD
Price Action Finder MT5
Price Action Finder MT5
Siarhei Vashchylka
The Price Action finder indicator displays Price action patterns on the price chart. Currently, the indicator contains such patterns as: Pin Bar (Pin) Outside bar (OB) Inside bar (IB) PPR Force bar The hanged man (HM) Inverted hammer (HR) The number of patterns will be replenished with other patterns of candlestick analysis. External parameters: FB  -  Display or not the force bar pattern. PPR  - Display or not the PPR pattern. OB  -  Display or not  the External bar pattern. OBCL  -  Dis
99 USD
Fibo World MT5
Fibo World MT5
Pavel Verveyko
The indicator builds a graphical analysis based on the Fibonacci theory. Fibo Fan is used for the analysis of the impulses and corrections of the movement. Reversal lines (2 lines at the base of the Fibonacci fan) are used to analyze the direction of movements. The indicator displays the of 4 the target line in each direction. The indicator takes into account market volatility. If the price is above the reversal lines, it makes sense to consider buying, if lower, then selling. You can op
97 USD
Blahtech Market Profile MT5
Blahtech Market Profile MT5
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
124 USD
PZ Lopez Trend MT5
PZ Lopez Trend MT5
PZ TRADING SLU
This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indicator analyzes its own quality and performance It
149 USD
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