KN Smart Tp and SL

Overview

KN Smart TP SL Signals is an EMA crossover indicator for MetaTrader 5 that converts confirmed moving-average crossovers into structured visual trade setups.

Each signal includes an entry level, ATR-based Stop Loss, and three configurable Take Profit targets. The indicator automatically plots these levels on the chart, helping traders evaluate potential trades without manually calculating each price level.

Signals are generated using closed candles, so the indicator does not trigger a new crossover signal from the currently forming candle.

How It Works

1. EMA Crossover Detection

The indicator compares a Fast EMA with a Slow EMA.

• Buy Signal: The Fast EMA crosses above the Slow EMA.

• Sell Signal: The Fast EMA crosses below the Slow EMA.

Signals are confirmed on closed candles to avoid relying on crossovers that appear only during an unfinished candle.

2. Automatic Stop Loss and Take Profit

When a signal is confirmed, the indicator calculates and displays the entry level, Stop Loss, and three Take Profit targets.

The default risk model uses an ATR-based Stop Loss with configurable reward-to-risk multiples:

• Stop Loss: 1.5 × ATR

• TP1: 1R

• TP2: 2R

• TP3: 3R

All major calculation parameters can be adjusted to suit different instruments and trading approaches.

3. Visual Trade Management

Each setup has its own entry, SL, TP1, TP2, and TP3 lines, together with visual risk and profit zones.

As price reaches the configured levels, the indicator updates the corresponding trade status visually. Previous setups remain available on the chart for historical review.

4. Alerts and Notifications

Optional MetaTrader 5 push notifications can report new buy and sell signals, including the signal direction, entry, Stop Loss, and all three Take Profit levels.

Separate notifications can also be configured for individual TP and SL events.

Key Features

• EMA crossover buy and sell signals.

• Configurable Fast EMA and Slow EMA periods.

• Signal confirmation on closed candles.

• ATR-based Stop Loss calculation.

• Three configurable Take Profit targets.

• Automatic entry, SL, and TP line plotting.

• Visual profit and risk zones.

• Visual updates for TP and SL status.

• Historical trade setups for chart review.

• Configurable maximum number of historical signals.

• Configurable line extension.

• Optional MT5 mobile push notifications.

• Optional alerts for individual TP and SL events.

• Suitable for Forex, Gold, Silver, Indices, Commodities, and Crypto CFDs, subject to broker symbol and data availability.

Default Settings

These settings provide the initial configuration. Traders can adjust the EMA periods, ATR parameters, target multiples, and available display and alert options.

How to Use

1. Attach KN Smart TP SL Signals to your preferred MT5 chart.

2. Configure the Fast EMA, Slow EMA, and ATR settings.

3. Wait for a confirmed crossover on a closed candle.

4. Review the plotted entry, Stop Loss, and Take Profit levels.

5. Assess the setup against the broader trend, market conditions, and your trading plan.

6. Enable push notifications if you want alerts on your mobile device.

7. Review historical setups to understand how signals and price levels behaved across different market conditions.

Suitable For

• EMA crossover trading strategies.

• Scalping and intraday analysis.

• Swing trading and trend-following approaches.

• Traders who prefer predefined visual SL and TP levels.

• Traders who want chart-based trade tracking and optional notifications.

Important Notes

KN Smart TP SL Signals is a technical analysis indicator, not an automated trading system. It displays trade setups and does not independently execute or manage broker orders.

EMA crossovers can produce false signals, particularly in sideways or volatile markets. ATR-based levels and Take Profit targets are calculated references, not guarantees of execution prices or trading results.

Test the indicator on your intended instrument and timeframe before using it in live trading. Apply appropriate position sizing and risk management.

One confirmed crossover. A complete visual trade setup.