• Overview
  • Reviews (8)
  • Comments (9)

Railway Track

Reversal candlestick pattern - Rails

Rails is a reversal formation in Price Action. It occurs mainly during a retracement of the main trend movement. That is, it is better to catch the pattern on a rollback of the main trend.

The following types of pattern are available:

  • bullish pattern – formed during a descending movement and signifies the change of the bearish trend to bullish;
  • bearish pattern – formed during an ascending movement and signifies the change of the bullish trend to bearish.


Shape of the "Rails" pattern

The pattern consists of only two candles (bars). At the same time the following conditions are required for formation of the pattern:

  • candles must have different directions. That is, a bearish and a bullish candle must be present;
  • bodies of the candles must be long and take up at least 70% of the total candle length.

The indicator displays the reversal patterns as up and down arrows, and also the target for reaching profit as lines. To do this, set:

  • Show Target=true.


Input parameters

------- "Indicator Alert"

  • Use Alert - enable alerts;

-------"Indicator Information"

  • Show Information - display information about the instrument;
  • Show Target - display target profits;

-------"Indicator Title Symbol"

  • Show Title Symbol - display the instrument symbol;
  • Set Color Title Symbol - set the symbol color;
  • Set Font Size Title Symbol - set the font size;
  • Set Font Type Symbol - set the font type;
  • X Distance Symbol - output distance along the X axis;
  • Y Distance Symbol - output distance along the Y axis;
  • Set Corner Symbol - display corner;

-------"Indicator Price"

  • Show Price - display the current Bid price;
  • Set Color Price - set the price color;
  • Set Font Size Title Price - set the font size;
  • Set Font Type Price - set the font type;
  • X Distance Price - output distance along the X axis;
  • Y Distance Price - output distance along the Y axis;
  • Set Corner Price - display corner;

-------"Indicator Spread"

  • Show Spread - display the spread
  • Set Color Spread - set the spread color
  • Set Font Size Spread - set the font size;
  • Set Font Type Spread - set the font type;
  • X Distance Spread - output distance along the X axis;
  • Y Distance Spread - output distance along the Y axis;
  • Set Corner Spread - display corner;
  • Normalize Readings Spread - normalize the spread values (for five-digit quotes)

------"Indicator Time To Bar Close"

  • Show Time To Bar Close - display the time until the candle closes
  • Set Color Time - set the time color
  • Set Font Size Time - set the font size;
  • Set Font Type Time - set the font type;
  • X Distance Time - output distance along the X axis;
  • Y Distance Time - output distance along the Y axis;
  • Set Corner Time - display corner;
Reviews 8
bajeheart
18
bajeheart 2020.07.03 17:23 
 

Seems profitable so far.

mambobody
322
mambobody 2019.07.18 12:32 
 

The info in the right upper corner with pair name, current price, spread, time to close is AWESOME! Thank you very much!

Kale15
34
Kale15 2019.02.04 00:26 
 

What a good trading tool! I just started using it in conjunction with my other trusted indicators. Made pips right away! Thank you, thank you, Andrei Gerasime! You're genius !!

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This is a simple and reliable indicator that can be used as an additional filter in your trading system. Also, you can create a new trading system based on the product. The indicator is capable of detecting the rise and fall of the market on the selected number of candles (adjustable parameter). Several indicators with different parameters can be applied to a single chart. COMMENT function has also been provided for more convenience allowing you to leave a comment at the line's end. Added new tr
90 USD
MIDAS Profitas
MIDAS Profitas
Mihail Lagutin
MIDAS (an acronym for Market Interpretation/Data Analysis System) is an approach to technical analysis initiated in 1995 by the physicist and technical analyst Paul Levine, PhD. Development of the original idea was then continued by Andrew Coles, PhD, and David Hawkins. The result of their work was the book "Technical Analysis MIDAS: VWAP Approach to Trade and Investment in Today's Markets". The MIDAS approach to trading helps to reduce what appears to be market chaos in Forex, stock charts and
79 USD
Brilliant Harmonic Patterns
Brilliant Harmonic Patterns
Mohamed Sabry
This indicator is meant for Harmonic Traders, it helps them in identifying the formed patterns by analyzing the market past data, looking for Harmonic Patterns. The Patterns that this indicator can detect are: AB=CD Butterfly Gartely Crab Bat The indicator shows the following: The completed pattern, with the critical zone highlighted in Gray box The suggested 3 take profit levels (in green) The Suggested Stop Loss level (in Red) The formed pattern ratios can be checked by hovering the mouse on t
150 USD
Markov Chains MTF Indicator
Markov Chains MTF Indicator
Mustafa Doruk Basar
Similar idea from the MarkovChains EA is used to create this indicator. With this indicator, you can observe the probability of prices going up for multiple timeframes for up to 5 Markov chains. Unlike the EA version, indicator only looks for ups and downs and counts them with a given number of Markov chains, then prints the probability of prices going up on a table. Indicator shows these probabilities for 5-minute, 15-minute, 30-minute, 1-hour and 4-hour time intervals. You can set where the bu
100 USD
DSuper Trend Channel
DSuper Trend Channel
Dmitriy Sychev
Dual Super Trend Channel - Индикатор канала, целью которого является нахождение правильных уровней поддержки и сопротивления. За основу при разработке индикатора брались положения Теории Ганна. Прекрасно подходит как для начинающих, так и для профессиональных трейдеров. Рекомендуемый таймфрейм - H1, H4, D1. Рекомендуемые валютные пары: Мультивалютный. Работает как на 4-х, так и на 5-и значных котировках.
100 USD
Fibo Retracing Indie
Fibo Retracing Indie
Opengates Success International
FiboRetrace Indicator is a custom indicator for those using Fibonacci indicator for trading. This was created in order to remove limiting rates of Fibonacci indicator since it is default indicator in MT4 software. This will enable the traders to use it independently and without limitation. This is created as an automated Fibonacci indicator that plots itself when a trader attaches it to his chart, it will scan the chart and locate if the trend is an upward trend, it will plot itself the way it s
65 USD
Range Exhaustion
Range Exhaustion
Robert Gerald Wood
Range Exhaustion occurs when price meets or exceeds the expected range for the current period. At these levels, price starts to lose its momentum relative to earlier in the period, so its a good point to make sure you are not taking new positions. This indicator will show you where this is likely to happen on your chart, showing levels for Daily, Weekly and Monthly periods. When you see price exceeding these exhaustion levels, it's telling you that the momentum behind the move is very strong an
60 USD
Auto Harmonic Pattern Recognition
Auto Harmonic Pattern Recognition
Paul Bratby
With the purchase of the   Auto-Harmonic Pattern Recognition Trading Software for MT4 , you will have access to: The Auto Harmonic Pattern recognition software is designed to take the heavy lifting out of a traders Harmonic trading strategy. The Software automatically Identifies and Projects Harmonic Pattern Completion Zones for the 6 most trade-able Harmonic Patterns.  If the Pattern Completes in the projected zone, then there is a high probability of the resulting trade being successful. Pleas
69 USD
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Reverse Signal
Reverse Signal
Andrei Gerasimenko
The indicator marks the estimated market reversals in the form of arrows. The indicator is able to detect 3 types of reversals. The primary reversal signal. It is a stronger and more important reversal. Denoted by the largest arrow. Alternative signal - additional signal without additional filters in contrast to the primary. Suitable for scalping on small timeframes. A mixture of the primary and alternate reversals, but with the addition of the trend filter. Also shows good results on small time
30 USD
Pulse Informer
Pulse Informer
Andrei Gerasimenko
Информационная панель, которая выставляет уровни покупки продажи и цели для профита на текущий день. Уровни рисуются согласно движению валюты за вчерашний день. Панель вмещает в себя информацию о валютной паре, тенденции на рынке, время до закрытия бара, управление капиталом, рекомендуемый лот, профит в пунктах, а также уровни для покупки и продажи инструмента. Для заключения сделок использовать только отложенные ордера на пробой. Входные параметры Lots - установить текущий лот Risk - риск в про
FREE
Dashboard Pro
Dashboard Pro
Andrei Gerasimenko
New and updated version of the Mini Dashboard indicator https://www.mql5.com/en/market/product/16653 The Show Information block of the indicator displays the following information: Show Title Symbol - show/hide the symbol title Show Price - show/hide the current Bid price; Show Spread - show/hide the Spread Show Time To Bar Close - show/hide the time until the bar closes The Show Information has the ability to enable/disable information display, as well as the fine-tuning options, such as: Set C
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Easy Pips Collector
Easy Pips Collector
Andrei Gerasimenko
Распространенный индикатор тренда. Теперь в более экономном варианте. Дешевый и простой вариант индикатора для определения тренда. В качестве определения направления тренда в индикатор встроен индикатор собственной разработки -  https://www.mql5.com/ru/market/product/16686 , а также скользящая средняя (MA). Дополнительной опцией есть возможность использовать T3. Т.е. в качестве расчета используется алгоритм построения скользящей средней T3. Easy Pips Collector - трендовая стратегия с фильтрацией
FREE
Line Heiken Ashi
Line Heiken Ashi
Andrei Gerasimenko
This is an unconventional version of the Heiken Ashi Smoothed indicator implemented as lines rather than a histogram. Unlike a usual histogram, the indicator draws the readings of the two moving averages in the form of colored lines. Example If the candle crosses two indicator lines upwards, a trend is assumed to be changing from bearish to bullish. If the candle crosses two indicator lines downwards, a trend is assumed to be changing from bullish to bearish. The indicator is good at displayin
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Chaos Trading
Chaos Trading
Andrei Gerasimenko
This indicator is based on the classic Profitunity strategy from the «Trading Chaos» book by Bill Williams. The indicator displays the possible reversals as arrows, and also generates a sound signal. Fundamentals The Chaos Trading arrow indicator consists of: Alligator, Awesome Oscillator (AO) and Fractals . It also uses the «Bullish/Bearish reversal bar» pattern. Tactics The indicator forms signals according the following principles: The «Bullish/Bearish reversal bar» pattern is formed a
FREE
Digital MA Crossing
Digital MA Crossing
Andrei Gerasimenko
The indicator displays two Moving Average lines on the chart with parameters specified in the settings. It issues a signal in the form of arrows and a sound at the intersection of these   Moving Average. In the indicator settings, you can set the period of fast       Moving Average (   Fast MA Period   ) and slow       Moving Average (   Slow MA Period   ). And also   Shift, Applied Price, Method   and   Timeframe   for two Moving   Averages   separately. Important: The main difference from oth
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Easy Pips Maker
Easy Pips Maker
Andrei Gerasimenko
The recommended timeframe is H1! The indicator has two kinds of signal. This is a signal to open a position from the appearance of an arrow. The price leaves the channel In the first case, the indicator builds arrows based on the constructed channel and Bollinger Bands years. In another case, the trader can trade if the price just went beyond the channel. If the price is higher than the channel - we sell. If the price is lower than the channel, then you can look for a place to buy. It ca
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Mini Dashboard
Mini Dashboard
Andrei Gerasimenko
The indicator displays information about:  the name of the currency pair and timeframe. current price bid. time before the close of the candle. the current difference between the ask and bid (spread). Trading volume stats can also be displayed. Displayed data Name, account number, and account currency. A deposit in the account currency. Balance at the current time and a percentage of the balance. Current profit and its percentage. Current transaction and the percentage of the total deposit.
FREE
Average CCI
Average CCI
Andrei Gerasimenko
This indicator smooths the average value of the CCI technical indicator, which gives better overbought and oversold values. Strategy 1. If the smoothed line of the indicator is above the level of If the smoothed value of the Average CCI indicator is below the level of -100 or is very close to it, then in this area (the currency is oversold) an upward reversal is possible.100 or is very close to it, then in this area (the currency is overbought) a downward reversal is possible. Only sells are c
30 USD
Volume Expert
Volume Expert
Andrei Gerasimenko
This arrow indicator searches for possible reversals of the price and is based on the vales of the proprietary candlestick patters and tick volumes of the instrument. The concept for signal output is the following the indicator algorithm searches the last three candles for preceding reversal patterns. compares with the tick volume values (if the price grows and at some point the volumes decrease, then a downward reversal is possible. If the price falls and the volumes decrease - an upward reve
20 USD
Expert Chaos Trade
Expert Chaos Trade
Andrei Gerasimenko
This Expert Advisor performs deals with the help of the Chaos Trading indicator https://www.mql5.com/en/market/product/17045 The EA is based on the classic Profitunity strategy from the "Trading Chaos" book by Bill Williams. Fundamentals The EA uses the Alligator, Awesome Oscillator (AO) and Fractals technical indicators. To confirm the entries it also identifies the "Bullish/Bearish reversal Bar" pattern. The EA makes trades using the following principle: The "Bullish/Bearish reversal Bar" pa
25 USD
MT4 Extreme Reversal H4
MT4 Extreme Reversal H4
Andrei Gerasimenko
This is an Meta Trader 4 version of the indicator! This arrow indicator searches for possible market reversals and correction movements on timeframes H4 and D1 . It is based on Forex market regularities, accurate detection of current extremum and detection of candlestick patterns on market highs and lows. The universal algorithm helps identify reversal points and draws arrows indicating where to enter the market. The indicator is very easy to set up! Attach to the desired symbol chart and watch
35 USD
Turning Points
Turning Points
Andrei Gerasimenko
The indicator shows the market reversals as arrows. The reversal signals are based on observation of the market behavior. It is based on the principles of searching for extremums, volumes and Price Action. The indicator provides signals on the following principles: Search for the end of the ascending/descending trend Search for the reversal pattern based on Price Action Confirmation of the reversal by the contract volume. The indicator also features an alert triggered when the arrow appears. The
42 USD
Expert Turning Points
Expert Turning Points
Andrei Gerasimenko
This reversal trade EA opens buy/sell deals according to the arrow-based Turning Points technical indicator. The full description of the system can be found here: https://www.mql5.com/en/market/product/20488 Brief description The EA is based on principles such as: Search for the end of the ascending/descending trend. Determining the support/resistance level. Search for the reversal pattern based on Price Action. Confirmation of the reversal by the contract volume. Input parameters ------"EXP
35 USD
Two absorption expert
Two absorption expert
Andrei Gerasimenko
This trend-following medium-term Expert Advisor is based on search for the "engulfing" chart pattern. If this pattern is found, the EA waits for a confirmation of entry by the second "engulfing: pattern. That is, a correct market entry requires 2 (two) "engulfing" chart patterns. To improve the entries and to eliminate false signals, the EA features a system of filters, which works based on on the Moving Average technical indicator. Tactics to buy A "bearish engulfing" pattern has been formed
85 USD
Trend Arrow Finder
Trend Arrow Finder
Andrei Gerasimenko
Trend reversal indicator. This indicator is based on expected value, as well as the Bollinger Bands and Ichimoku Kinko Hyo technical indicators. A trend reversal is determined by a complex mathematical formula, and its confirmation is based on the values of BB and the Ichimoku cloud. Signals are generated at the peak of a trend reversal, i.e. Trend Arrow Finder identifies the beginning of a new trend and the end of the previous trend. When a new candle opens, a signal for opening positions (buy
35 USD
Channel Reverse
Channel Reverse
Andrei Gerasimenko
Channel hybrid of the Moving Average, Bollinger Bands, RSI and CCI indicators. Unique filtering of signals without redrawing the indicator allows making various trades - both medium-term and short-term. The indicator operation principle lies in searching for the market reversal patterns. The trend reversal detection method uses the channel Triangular Moving Average, which plots equidistant non-redrawing channels with a Deviation period specified in the settings. Comparison of TMA and Bollinger B
35 USD
Reverse Point
Reverse Point
Andrei Gerasimenko
Данный индикатор отмечает участки разворота тренда, в точках разворота давая сигнал на вход в рынок в виде стрелок соответствующего цвета и направления и звукового оповещения. За расчет точек разворота отвечают классические технические индикаторы  Bollinger Bands  и MA . Расчет MA производится не по периоду, а по объему контракта разделённому на цены OHLC.  Индикатор не перерисовывается. Входные параметры Show Text Label - показывать текстовые метки Set Stop Loss - показывать расстояние до Sto
40 USD
Main RS
Main RS
Andrei Gerasimenko
Алгоритм индикатора строит уровни поддержки и сопротивления. На основе этих уровней индикатор ищет ложный пробой одного из уровней. Если условие выполнено индикатор ждет возврат в зону ложного пробоя. Если возврат произошел - индикатор выдает сигнал. Индикатор не перерисовывается. Встроен звуковой сигнал. Доступна информационная панель о торговле. Есть возможность автоматически вычислять уровни Stop Loss и Take Profit. Входные параметры Set Interval Draw Arrow - интервал уровней поддержки и сопр
35 USD
Break Trend Pro
Break Trend Pro
Andrei Gerasimenko
Данный индикатор отмечает участки разворота тренда, в точках разворота давая сигнал на вход в рынок в виде стрелок соответствующего цвета и направления движения в виде линий, а также звукового оповещения. Основан на закономерностях рынка FOREX, точных определениях текущего экстремума и нахождения свечных моделей на вершинах/низах рынка. Универсальный алгоритм помогает определить точки разворота указывая стрелками где осуществить вход в рынок. Дополнительно Индикатор не перерисовывается. Выводит
30 USD
Sniper SR
Sniper SR
Andrei Gerasimenko
Индикатор ищет на графике уровни поддержки и сопротивления. Алгоритм устроен так, что при побитии уровней в обратном направлении и                    закреплением за уровнем индикатор показывает сигнал на покупку или продажу инструмента. Подтверждение сигнала обусловлено низким объемом. Хорошо себя показывает на коротких дистанциях. То есть идеально подходит для скальпинга. Лучшие таймфреймы это: M15, M30, H1. Валютные пары только - EURUSD, EURJPY, USDCHF, GOLD, USDJPY, GBPUSD, GBPJPY. На осталь
40 USD
Profiter
Profiter
Andrei Gerasimenko
Индикатор  Profiter   относится к стрелочному типу.  Это значит, что торговые сигналы подаются в виде стрелочек . Голубая– вверх, на покупку, красная – вниз, на продажу.  С помощью индикатора  Profiter  достаточно просто определять локальные пики и впадины цены, а также направление текущей тенденции. Дополняет определение high/low по тиковым объемам. Дополнительно в индикаторе реализованы звуковые и текстовые алерты, а также отправка оповещений на электронную почту.  Входные параметры Calculati
30 USD
Candle Turn
Candle Turn
Andrei Gerasimenko
На рисунке ниже показан принцип работы индикатора. Это поиск паттерна Price Action. Свечная модель состоит из двух показателей доминирования быков или медведей. В построении сигнала также участвуют тиковые объемы и объемная дельта. Индикатор ищет возможные развороты на участке, длина которого задается в параметрах Calculation High/Low По умолчанию параметр задан, как 50 баров. Входные параметры Calculation High/low - определение high/low по количеству баров
42 USD
ExpRails
ExpRails
Andrei Gerasimenko
Данный торговый эксперт осуществляет сделки на основе индикатора  Railway Track  https://www.mql5.com/ru/market/product/20278 Основные положения Рельсы являются разворотной формацией в Price Action. Возникает она в основном при коррекции движения основного тренда. То есть ловить паттерн необходимо на откате от основного тренда. Различают следующие виды паттерна: бычий паттерн – образуется при нисходящем движении и обозначает смену медвежьего тренда на бычий тренд; медвежий паттерн – образуется п
55 USD
Extreme Reversal H4
Extreme Reversal H4
Andrei Gerasimenko
This arrow indicator searches for the possible reversals of the market and correctional movements on the H4 and D1 timeframes. It is based on the FOREX regularities, accurate determinations of the current extremum and finding the candlestick patterns on the market Highs/Lows. The universal algorithm helps to determine the reversal points, showing the entry points with the arrows. The indicator is very easy to set up! Move it to the chart of the selected currency pair and watch for a signal to ap
35 USD
Turning Points MT5
Turning Points MT5
Andrei Gerasimenko
Индикатор показывает развороты рынка в виде стрелок. Разворотные сигналы основаны на моих личных наблюдениях за поведением рынка. В основу взяты такие принципы как поиск экстремумов, объемы и Price Action. Индикатор дает сигналы на следующих принципах: Поиск окончания тенденции на рост/снижение рынка Поиск модели разворота на основе Price Action Подтверждение разворота объемом контракта. Также в индикатор встроен сигнал при появлении стрелки. Индикатор не перерисовывается. Индикатор не перерисов
35 USD
Reverse Signal MT5
Reverse Signal MT5
Andrei Gerasimenko
Версия индикатора MT4 -  https://www.mql5.com/ru/market/product/16415 Индикатор обозначает предполагаемые развороты рынка в виде стрелок. В индикатор встроены 3 вида разворота. Основной сигнал на разворот. Это более сильный и важный разворот. Обозначается самой крупной стрелкой. Альтернативный сигнал - это дополнительный сигнал без использования дополнительных фильтров в отличие от основного. Подойдет для скальпирования на малых таймфреймах. Смесь основного разворота и альтернативного, но с доба
35 USD
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epicamj
139
epicamj 2021.01.03 21:24 
 

Good and helpful indicator. With more target options i'll give 5 stars.

bajeheart
18
bajeheart 2020.07.03 17:23 
 

Seems profitable so far.

man1980
515
man1980 2020.03.10 14:49 
 

the info in the right corner not moving.

mambobody
322
mambobody 2019.07.18 12:32 
 

The info in the right upper corner with pair name, current price, spread, time to close is AWESOME! Thank you very much!

Kale15
34
Kale15 2019.02.04 00:26 
 

What a good trading tool! I just started using it in conjunction with my other trusted indicators. Made pips right away! Thank you, thank you, Andrei Gerasime! You're genius !!

Tim Eubanks
5587
Tim Eubanks 2018.03.14 13:27 
 

User didn't leave any comment to the rating

Gennadiy Voltornist
11922
Gennadiy Voltornist 2017.06.11 19:22 
 

User didn't leave any comment to the rating

Nico Bilio
1028
Nico Bilio 2017.01.18 18:04 
 

Insert notifaction and email alert and i give 5 stars

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