Projection Indicator By BCB Elevate
- Indicators
- Version: 1.36
- Updated: 6 March 2026
- Activations: 5
The Projection Indicator By BCB Elevate is a complete, professional-grade market structure and trend-following tool. Built for manual traders, it combines macro-trend filtering (EMA 100), dynamic ATR trailing stops, and Swing High/Low pivot tracking to deliver highly accurate chart signals.
Rather than repainting or cluttering your chart, the Projection Indicator waits for strict condition alignment before plotting entry arrows, Stop Loss targets, and Take Profit levels.
🟢 CLEAR BUY & SELL SIGNALS WITH DUAL TAKE PROFITS
Forget complicated chart analysis. The indicator handles the heavy lifting by filtering out market noise and giving you exact, actionable levels:
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Highly Accurate Buy & Sell Arrows: The indicator only issues a signal when the price breaks an ATR-based dynamic trailing stop, aligns with Market Structure (Swing Highs/Lows), AND agrees with the EMA 100 macro trend.
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Two Types of Take Profits (TP1 & TP2): Every time a Buy or Sell signal is generated, the indicator instantly plots two distinct Take Profit diamonds on your chart.
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TP1 (Conservative): A highly achievable first target based on a customizable ATR multiplier, allowing you to secure early profits and move your stop to break-even.
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TP2 (Aggressive): A larger swing target designed to capture the bulk of the macro trend.
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📊 1. The Live Win-Rate & Trade Tracking Dashboard
Stop guessing if a strategy works on a specific pair or timeframe. The newly integrated on-chart dashboard automatically backtests and tracks the indicator's historical Buy/Sell signals in real-time.
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Overall Statistics: Instantly view the Total Signals, Overall Wins, Overall Losses, and your overall historical Win Rate percentage.
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Recent Momentum (Last 10 Trades): Markets change, so the dashboard isolates the Win Rate of the Last 10 Signals to show you if the current market conditions are favorable.
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Line-by-Line Breakdown: Displays a neat, real-time log of the last 10 signals (Long/Short) and whether they hit your target (WIN) or stop loss (LOSS), giving you ultimate transparency before you risk real money.
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(Fully customizable: Change colors, select whether you want the dashboard to calculate wins based on hitting TP1 or TP2, and adjust corner placement).
⚠️ "Book Profit, Reversal Chance" Warnings
Sometimes the market moves heavily in your favor, but suddenly turns around and hits your Stop Loss before reaching your final Take Profit. We’ve added a feature to prevent you from giving back your money!
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How it works: The algorithm tracks hidden RSI momentum. If you are in a Long or Short trade and the market suddenly reaches an extreme "overbought" or "oversold" peak, the indicator will print a neat text directly on your chart saying: "Book Profit, Reversal Chance".
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Why it helps: It acts as an early warning system. It tells you that the current move is exhausted and a pullback is likely coming, so you can manually close the trade and secure your profits right at the peak!
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Customizable: You can easily toggle this text ON or OFF in the indicator settings.
Key Features:
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Trend Detection: Uses structural swing highs/lows to identify the true market trend.
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Macro Filter: Employs a 100 EMA baseline to ensure you only trade with the dominant momentum.
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Dynamic ATR Stops: Calculates volatile stop-losses and dual take-profit (TP1 & TP2) zones automatically.
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RSI Peak Detection: Alerts you when the RSI reaches extreme overbought/oversold levels while in a trade, providing perfect exit opportunities.
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Fully Customizable: Switch between ATR-based Stop Losses or Swing Pivot Stop Losses.
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Built-in Alerts: Push notifications, pop-up alerts, and terminal prints for all entries and RSI peaks (Fires only on closed bars—100% non-repainting).
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How to Use It:
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Wait for a Long (Blue) or Short (Red) arrow to appear upon bar close.
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The indicator will automatically draw your Stop Loss (Diamonds) and Take Profit targets.
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Manage your trade manually, or take partial profits when the RSI Peak Alert triggers.
