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Extremum catcher

1

The Extremum catcher indicator analyzes the price action after breaking the local Highs and Lows, generates price reversal signals with the ability to plot the Price Channel. If you need the version for MetaTrader 5, see Extremum catcher MT5.

The indicator takes the High and Low of the price over the specified period - 24 bars by default (can be changed). Then, if on the previous candle the price broke the High or Low level and the new candle opened higher than the extremums, then a signal will be generated on the zero candle an arrow for entering a deal (reversal) will be drawn, and the extremum levels will be marked with lines on the chart.

It is possible to filter the Highs as confirmed (Extremum) or unconfirmed (Maximum), this option can be enabled in the settings.

In order to receive push notifications to your mobile terminal, you should properly configure your MetaQuotes ID in terminal settings (see the article for details).


Settings

  • barPeriod - the number of candles to search for local extremums.
  • Alert - enable sound notification about signal appearance.
  • Send notifications - allow sending push notifications to your mobile terminal.
  • Type search by - type of entry searching, based on formed extremums - Extremum, or based on maximums - Maximum.
  • Show Local Extremum and Maximum - enable/disable display of the local levels;
  • Show all Extremum and Maximum - enable/disable display of all used levels;
  • Show Price Channel - display the Price Channel indicator on the chart;
  • Arrow indentation - offset for arrows. If the arrows on the chart get in your way (they are placed at candle Open), this option allows to move them away from the candles;
  • Color Sell - color of the Sell arrow;
  • Color Buy - color of the Buy arrow;
  • Color Price Channel - color of the Price Channel (if it is enabled).


Indicator buffers

  • 0 - Upper border of the Price Channel;
  • 1 - Lower border of the Price Channel;
  • 2 - Buy signals, if there is no signal = EMPTY_VALUE;
  • 3 - Sell signals, if there is no signal = EMPTY_VALUE.
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The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. Configurations ----Day------------------------------------------------- DayLevels   - enable/disable previous day's levels. WidthDayLines   - line width of daily levels. ColorDayLines   - lin
FREE
First RSI level
Yurij Izyumov
3.57 (7)
First RSI level indicator analyzes and displays the level, at which the first crossing of the standard RSI maximum or minimum value took place for the subsequent definition of strong trends. The indicator allows you to track the beginning of a trend that does not follow the signals of the standard RSI trading strategy, for example, when the price rushes downwards after reaching an oversold level instead of reversing. In this case, we have to conclude that a strong trend is underway and the next
FREE
RSI vs Envelopes
Yurij Izyumov
1.67 (3)
This semaphore indicator is based in the standard RSI, which is applied over the Envelopes indicator that shows an envelope or envelope fluctuation borders. This is a version of RSI vs Envelopes Graph drawn in a separate window . A sell signal emerges when the upper envelope/border is broken by the RSI indicator from top to bottom. A buy signal emerges when the lower envelope/border is broken by the RSI indicator from bottom upwards. The indicator can draw arrows on the indicator, draw vertical
FREE
Stable Trend MA
Yurij Izyumov
5 (3)
The indicator is based on a single Moving Average of a user-defined period. By analyzing the price movement of the price relative to this MA, and also by tracking all updates of the price Highs and Lows over the same period as the MA period, the indicator draws its own picture of the trend, avoiding the ever-breaking MA lines. Therefore, if the trend goes up, the line will also point upwards and will not change its direction even on small retracements, allowing to capture almost the entire trend
FREE
Time Levels
Yurij Izyumov
4.27 (11)
The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. The version of the exact same indicator but only with sound alerts there - Time Levels with Alerts . Configurations ----Day------------------------------------------------- DayLevels - enable
FREE
RSI 7TF
Yurij Izyumov
3 (5)
This is a multitimeframe RSI indicator defining trends, oversold/overbought zones, as well as all intersections of signal lines from different timeframes on a single chart using arrows and audio alerts. When working with standard RSI, we often need to examine data from all necessary timeframes simultaneously. RSI 7TF solves this issue. If you are only interested in audio signals when signal lines are crossed, then have a look at RSI Alerts . Attention! The indicator uses seven timeframes - M5, M
FREE
This semaphore indicator is based in the standard RSI, which is applied over the Envelopes indicator that shows an envelope or envelope fluctuation borders. This is a version of RSI vs Envelopes drawn in the symbol window . A sell signal emerges when the upper envelope/border is broken by the RSI indicator from top to bottom. A buy signal emerges when the lower envelope/border is broken by the RSI indicator from bottom upwards. The indicator can draw arrows on the indicator, draw vertical lines
FREE
The indicator trades during horizontal channel breakthroughs. It searches for prices exceeding extreme points and defines targets using Fibo levels. The indicator allows you to create a horizontal channel between the necessary extreme points in visual mode quickly and easily. It automatically applies Fibo levels to these extreme points (if the appropriate option is enabled in the settings). Besides, when one of the extreme points and/or Fibo levels (50%) is exceeded, the indicator activates a so
30 USD
MFI Alerts MT5
Yurij Izyumov
5 (1)
If you use the MFI (Money Flow Index) indicator, the waiting time till the next signal can be long enough. Now you can avoid sitting in front of the monitor by using MFI Alerts. This is an addition or a replacement to the standard MFI oscillator . Once there appears an MFI signal on the required level, the indicator will notify you with a sound or push, so you will never miss a signal. This is especially significant if you follow the indicator in different timeframes and currency pairs, which ca
30 USD
Disconnect Alerts
Yurij Izyumov
5 (2)
If you execute or test an Expert Advisor on a laptop, personal computer or a VPS, you may face the situation when Internet connection is lost and the EA stops. Of course, this utility ( Disconnect Alerts ) will not help you restore the Internet connection, but it will gather the information and will send an alert to you about when and how long your terminal was without access to the Internet and did not actually work. After receiving such a notification, you can check your trades or think about
FREE
This indicator MA Alerts with Arrows gives you the opportunity to receive signals about the intersection of two moving averages (Moving Average), as well as signals about the price rollback to MA - to enter the transaction. Alert options: Sound and text alerts (alert). Push notification to the mobile terminal. Email notification (message to your e-mail).  Visual alert (arrows on the chart). The indicator has the following features: To display or hide the moving averages and arrows themselves.  T
59 USD
As the proper trading using CCI indicators requires the trader to monitor multiple timeframes and CCI indicators with different periods. For example - monitor the trend using CCI with the period of 100 or 200 ( slow CCI period ) on the H4 timeframe, and make entries based on the CCI with the period of 13 ( fast CCI period ) on the H1 timeframe. To facilitate this task, the Delta CCi MTF7 indicator was created, which implements monitoring the changes of the price movement trends as well as marks
30 USD
RSI Alerts
Yurij Izyumov
5 (1)
Addition to the standard Relative Strength Index (RSI) indicator, which allows to configure various notifications about the events related with the indicator. For those who don't know what this indicator is useful for, read here . This version is for Metatrader 4, version for Metatrader 5 is here . Currently implemented events: Crossing from top to bottom - of the upper signal level (default - 70) - sell signal. Crossing from bottom to top - of the upper signal level (default - 70) - sell signal
30 USD
MarketView
Yurij Izyumov
The MarketView utility is designed to display the market changes in percents as a table over the specified time interval. Every column element can be disabled. The color scheme can be easily and quickly customized for your needs. The number of symbols in columns can be adjusted ( PerColumn ). The MarketView also allows to open chart of any symbol by simply clicking its name. It can automatically apply any customized template to the newly opened chart. Attention! In order to remove any symbol fro
30 USD
You can avoid constant monitoring of computer screen waiting for the DeMarker signal while receiving push notifications to a mobile terminal or a sound alert on the screen about all required events, by using this indicator - DeMarker Alerts. In fact, it is the replacement of the standard indicator with which you will never miss the oscillator signals. If you don't know the benefits of DeMarker or how to use it, please read here . If you need signals of a more popular RSI indicator, use RSI Alert
30 USD
MFI Alerts
Yurij Izyumov
If you use the MFI (Money Flow Index) indicator, the waiting time till the next signal can be long enough. Now you can avoid sitting in front of the monitor by using MFI Alerts. This is an addition or a replacement to the standard MFI oscillator . Once there appears an MFI signal on the required level, the indicator will notify you with a sound or push, so you will never miss a signal. This is especially significant if you follow the indicator in different timeframes and currency pairs, which ca
30 USD
CCI Alerts
Yurij Izyumov
When using CCI (Commodity Channel Index) oscillator, the waiting time till the next signal can be long enough depending on a timeframe. CCI Alerts indicator prevents you from missing the indicator signals. It is a good alternative for the standard CCI indicator. Once there appears a CCI signal on the required level, the indicator will notify you with a sound or push, so you will never miss an entry. This is especially significant if you follow the indicator in different timeframes and currency p
30 USD
The RSI Panel MTF indicator has been created in order to have the ability to monitor the values of the standard RSI indicator from a multitude of timeframes and symbols on a single chart, as well as to receive timely notifications about the trading opportunities using an audio signal or a notification. The indicator can output both the indicator values, and only the indicator signals (confirmed and expected). A user-friendly feature for selecting the required symbol has been implemented - simply
30 USD
This is an expanded version of the Time Levels indicator provided with sound alerts notifying of level intersection. The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. This version is provided with an option for alerting using an audio signal a
30 USD
The indicator trades during horizontal channel breakthroughs. It searches for prices exceeding extreme points or bouncing back, monitors night flat and defines targets using customizable Fibo levels with a sound alert, which can be disabled if necessary. The indicator allows you to create a horizontal channel between the necessary extreme points in visual mode quickly and easily. It automatically applies your selected Fibo levels to these extreme points (if the appropriate option is enabled in t
69 USD
This is а modified oscillator CCI (Commodity Channel Index) with all sorts of signals, alerts and arrows. The indicator is designed so that any signal of crossing any specified level does not escape you. This is a supplemented version of the CCI Alerts Indicator, which does not draw the CCI indicator window, but only draws the result of its work as arrows on the symbol graph. This version of CCI Alerts with Arrows is for MetaTrader 4. If you need signals from another popular RSI indicator, then
30 USD
The indicator is a modification of RSI Alerts . However, it does not have a separate RSI indicator window. Instead, it uses signal arrows on the price chart. This saves space on the symbol chart, without affecting the quality of received signals and alerts. Similar to RSI Alerts, the indicator can generate sound alert, send push notifications and email messages, as well as draw signal arrows. The display of arrow can be disabled. If the arrows are enabled, they only display the signals chosen in
30 USD
The indicator trades during horizontal channel breakthroughs. It searches for prices exceeding extreme points or bouncing back and defines targets using customizable Fibo levels with a sound alert, which can be disabled if necessary. The indicator allows you to create a horizontal channel between the necessary extreme points in visual mode quickly and easily. It automatically applies your selected Fibo levels to these extreme points (if the appropriate option is enabled in the settings). Besides
69 USD
Addition to the standard Relative Strength Index (RSI) indicator, which allows to configure various notifications about the events related with the indicator. For those who don't know what this indicator is useful for, read here . This version is for MetaTrader 5, MetaTrader 4 version - here . Currently implemented events: Crossing from top to bottom - of the upper signal level (default - 70) - sell signal. Crossing from bottom to top - of the upper signal level (default - 70) - sell signal. Cro
30 USD
When using CCI (Commodity Channel Index) oscillator, the waiting time till the next signal can be long enough depending on a timeframe. CCI Alerts indicator prevents you from missing the indicator signals. It is a good alternative for the standard CCI indicator. Once there appears a CCI signal on the required level, the indicator will notify you with a sound or push, so you will never miss an entry. This is especially significant if you follow the indicator in different timeframes and currency p
30 USD
The Extremum catcher MT5 indicator analyzes the price action after breaking the local Highs and Lows and generates price reversal signals with the ability to plot the Price Channel. If you need the version for MetaTrader 4, see Extremum catcher . The indicator takes the High and Low of the price over the specified period - 24 bars by default (can be changed). Then, if on the previous candle, the price broke the High or Low level and the new candle opened higher than the extremums, then a signal
30 USD
You can avoid constant monitoring of computer screen waiting for the DeMarker signal while receiving push notifications to a mobile terminal or a sound alert on the screen about all required events, by using this indicator - DeMarker Alerts. In fact, it is the replacement of the standard indicator with which you will never miss the oscillator signals. If you don't know the benefits of DeMarker or how to use it, please read here . If you need signals of a more popular RSI indicator, use RSI Alert
30 USD
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rainwalker123
3363
rainwalker123 2019.06.04 23:15 
 

Another useless indicator. Dont waste your time and money.

The indicator plots arrows against the mommentum, this shows, that many coders don´t have a clue how to code inicators tons of false signals against the trend.

amfels07
493
amfels07 2016.10.22 01:04 
 

User didn't leave any comment to the rating

rahul05
218
rahul05 2016.10.18 17:41 
 

User didn't leave any comment to the rating

Reply to review
Version 1.4 2021.11.26
added email notifications
Version 1.3 2021.11.26
перекомпиляция
Version 1.2 2017.07.05
Added the ability to send notifications to a mobile terminal.
Version 1.1 2017.04.05
Slightly modified the plotting of the local level, so that it does not mislead users.

Added settings at the request of users:
Show Local Extremum and Maximum - enable/disable display of the local levels.
Show all Extremum and Maximum - enable/disable display of all used levels.