SignRAMB Trend and Countertrend Entry Signals MT4

  • Indicators
  • Naoto Shimoda
    Naoto Shimoda

    Naoto Shimoda

    • MetaTrader 4/5 Indicator & EA Developer at  FX.Hamrat
    • Japan
    • 666
    FX.Hamrat - MetaTrader 4/5 indicator and Expert Advisor developer based in Japan.
    Over 10 years of trading experience (discretionary and systematic), and 90+ MT4/MT5 programs built so far - including 30+ custom-made projects for individual traders.
  • Version: 2.0
  • Activations: 10

Entry signals as finger marks: yellow for trend-following, pink for counter-trend.

SignRAMB combines RSI, ATR, MACD, a moving average, Dow theory and the candles, and marks the places where the price may turn up or down, based on past chart patterns. A finger pointing up is a buy, pointing down is a sell. Signals are decided on closed bars and never repaint.

Signals are not always right. Use them as one indicator, together with your own reading of the chart. They are meant for the move right after the signal, not for long holds, so they can also be used for short-term trading such as scalping.

Features

  1. Trend-following signals: yellow fingers.
  2. Counter-trend signals: pink fingers at possible turns.
  3. Six inputs combined: RSI, ATR, MACD, moving average, Dow theory and the candles.
  4. No repainting: signals are decided on closed bars.
  5. Signals on past bars: shown as soon as you attach it, kept when you change the timeframe (up to 50,000 bars back).
  6. M1-D1 panel: the Dow trend (Up / Dn), RSI and the latest signal with how many bars ago, for M1, M5, M15, M30, H1, H4 and D1. Moves to any corner and folds.
  7. Period 14 / 21 / 28 and Level L1-L5 buttons on the panel. Past signals are redrawn at once. A larger level gives fewer signals and tends to cut false ones.
  8. Trend-colored moving average: light blue when the Dow trend is up, pink when down.
  9. Notifications: alert, e-mail and push, once per signal when a new bar starts.

Inputs (main)

  • Signal confirmation (current bar or 1-7 bars back) and bars of past signals
  • Dow theory trend on/off, trend confirmation (wicks or bodies), bars on each side for swing points
  • Moving average on/off, values on chart and their color
  • Panel on/off and X / Y offset
  • Buy / Sell signal messages; e-mail, alert and push notifications

Examples

  • USDJPY M1: 21 / L3, USDJPY H1: 28 / L3, GOLD M1: 21 / L3
  • Crypto with high volatility: a lower sensitivity (L4, L5)

In the Strategy Tester

Signals, the moving average and the panel work. Notifications are written to the log only.

This indicator shows signals. It does not trade, does not give investment advice and does not promise any results.

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Or (TDO)  which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then the price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" give higher readings for ascending price movements than those given to descending ones. TDO fixes this problem to help traders at rea
Prop Firm Sniper
Mohamed Hassan
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Indicators
Prop Firm Sniper MT4  is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on   M5 or M15   for Gold (XAUUSD), and   M15 or H1   for more volatile Forex pairs such as   GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper  is a professional market structure indicator designed t
Prophet
Andriy Sydoruk
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Prophet is a trend indicator. Shows the direction of turning points. Can be used with an optimal risk-to-profit ratio. The arrows indicate favorable moments and directions for entering the market. Uses one parameter for setting (adjust from 1 to 3). The probability of a successful trend is very high. In the course of work, the take-profit is much larger than the stop-loss! Works on all currency pairs and on all timeframes.
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