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FxCraft Pitchfork Indicator

FxCraft Pitchfork Indicator (Median Line) is a tool (indicator) used for automatic determination of channels, the future - the early trends or trends actual - the existing and continuing nature in terms of the regression channel. It is based on the method of Dr. Alan Andrews, who discovered and developed the technique of analysis charts based on the median price - the middle value.

The indicator in contrast to the typical tools available on the platform, developing channels very precisely automatically or semi-automatically, which is a major convenience for supporters of "pitchforks". Additionally, it has a very extensive functionality, which will be further explained. For these methods, was created a number of analysis and trading on the markets, including Forex.

FxCraft Pitchfork Indicator (Median Line) is an indicator that facilitates the determination of the median on the graph automatically or semi-automatically on the basis of local extremes determined by the type indicator ZigZag. The main advantage is a significant acceleration of determining the desired formation in real time present or past using keyboard shortcuts. An additional advantage is the full precision of anchor points as opposed to manual tools, which are subject to error selected points on the graph by the user.

FxCraft Pitchfork Indicator (Median Line) is an indicator, which was created in collaboration with a group of analysts and traders EaFx (www.eaforex.pl).


Input Parametrs

  • ExtDepth – standard ZigZag parameter.
  • ExtDeviation – standard ZigZag parameter.
  • ExtBackstep – standard ZigZag parameter.
  • ExtBars – custom ZigZag parameter (how many candles to draw ZigZag - can offload rate and speed calculations if there is a large amount of historical data - lots of candles).
  • Pitchfork1 – main "forks".
  • Pitchfork2 – historic "fork" (shift formation of one extreme backward), enables or disables the previous formation of the keyboard shortcut G / H (ghost / hide).
  • WarningLines – additional arms fork, 0 = no, 1 = extra pair on each side (possibility to add 15 pairs - limit).
  • LiveRedraw - change the designation of the auto-refresh for new candles on manually (by default TRUE = on), accessible via keyboard shortcut L / M (live / manual).
  • Timing1 – automatic tool Fibo Time cyclically determined from points A and B continue to set the value from 0 - 15, 0 = disabled, keyboard shortcuts U / I.
  • Timing2 – automatic tool Fibo Time cyclically determined from points B and C on to set the value from 0 - 15, 0 = disabled, keyboard shortcuts O / P.
  • Obj_Trigers – trend lines run from point A to B and A to C.
  • Obj_Pivots – horizontal lines driven by the price of A, B, C, and "gold" by means of B and C.
  • Obj_Label – numerical values deducted from the current price to the points A, B, C, and "gold" means B and C.


Keyboard shortcuts

  • Mode | n-Pitchfork Normal t-Pitchfork T j-Pitchfork JeromeSchiff
  • LiveRedraw | l-ON/auto m-OFF/manual b-REFRESH/REDRAW BY BUTTON b
  • Point A | a-LEFT s-RIGHT d-RESET A
  • Point B | q-LEFT w-RIGHT e-RESET B
  • Point C | z-LEFT x-RIGHT c-RESET C
  • Points ABC | v-LEFT f-RIGHT r-RESET ABC Points
  • Timing1 (A-B) | u-OFF/decrase i-ON/incrase
  • Timing2 (B-C) | o-OFF/decrase p-ON/incrase
  • WarningLines | [-OFF/decrase ]-ON/incrase
  • Pitchfork2 | g-ON h-OFF
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Intraday Signals is a visual and effective semi-automatic trading system, that: generates possible entry points to open BUY and SELL trades; displays recommended  Take Profit and Stop Loss; displays current profit on open trade; displays  current spread. The profitability of the indicator is shown in the screenshot on the example of the GBPUSD pair Does not redraw and works on opening bar.  Time frames - M1-H1. Signals are produced based on the used of HMA, Laguerre, ADX and local extremums. Set
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Excessive Momentum Indicator MT4
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Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
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Ultimate Double Top Bottom Reversal Scanner
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This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. You can get alerts via MetaTrader 4, email and push notifications at the moment when a sig
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Probability Tool Suite Elite
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The elite (V3) multi-indicator suite from JoaquinTrading specifically geared towards Forex & binary options, including regulated exchanges such Nadex, Cantor Exchange, and other binary option brokers. The Probability Tool Suite Elite will provide the given win/loss outcome probabilities of up to 10 strike levels, a specific expiration duration, based on a combination of up to 16 indicators, rules, or conditions and derivative behavior (i.e. expiry, touch, touch & retrace).  Using this indicat
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KT Renko Patterns MT4
KEENBASE SOFTWARE SOLUTIONS
KT Renko Patterns scans the Renko chart brick by brick to find some famous chart patterns that are frequently used by traders across the various financial markets. Compared to the time-based charts, patterns based trading is easier and more evident on Renko charts due to their uncluttered appearance. KT Renko Patterns features multiple Renko patterns, and many of these patterns are extensively explained in the book titled Profitable Trading with Renko Charts by Prashant Shah. A 100% automate
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Elliott Wave Trend MT4
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Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
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