Professional Extra Triangle Scalper
- Indicators
- Version: 1.0
- Activations: 5
Description & Core Concept Professional Extra Triangle Scalper v18.2 is an advanced geometric analysis and multi-asset correlation indicator engineered after years of testing on live market conditions. Built upon dynamic vector scanning of triangle structures and 3-asset algorithmic cross-validation, it effectively filters market noise to deliver high-precision price projections.
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Risk & Money Management Money Management is the foundation of long-term trading consistency. Always calculate position sizing according to your account balance and strictly adhere to the suggested Stop Loss (SL) and Take Profit (TP) levels for each trading profile.
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Timeframes, Accuracy & Profile Settings Fully operational on all timeframes from M1 to MN. Peak performance is achieved on core timeframes: M5, M10, M30, H4, H8, H12.
M5 (Fast Scalping)
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Target Duration: Results within minutes.
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Verification Procedure: Check adjacent timeframes (M1, M2, M4, M6) prior to execution.
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Estimated Accuracy: ~50% (Requires strict Money Management).
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Parameters: Take Profit: 60 - 65 points/pipettes | Stop Loss: 120 - 150 points/pipettes.
M10 - M30 (Intraday Trading)
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Target Duration: Trade resolution within 1 to 4 hours.
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Verification Procedure: No secondary timeframe check required.
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Estimated Accuracy: ~70%.
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Parameters: Take Profit: 160 - 180 points/pipettes | Stop Loss: 250 points/pipettes | Trailing Stop: 100 points.
H4 - H8 (Weekly / Swing Trading)
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Target Duration: Trade resolution within 1 to 5 market days.
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Verification Procedure: No secondary timeframe check required.
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Estimated Accuracy: 90% - 92%.
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Parameters: Take Profit: 500 - 600 points/pipettes | Stop Loss: 1200 points/pipettes | Trailing Stop: 300 points.
H12 (Special Gold Setup / XAU)
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Target Duration: Macro structural setups for XAUEUR / XAUUSD.
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Verification Procedure: Multiple confirmations and strict capital control.
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Estimated Accuracy: High-grade structural signal.
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Parameters: Take Profit: 900 - 1000 points/pipettes | Stop Loss: 2500 points/pipettes | Trailing Stop: 650 points.
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Comprehensive Input Parameters Guide
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Price Tolerance (Pips) [InpMaxTolerancePips]: Maximum price allowance (in pips) to match geometric vertices. Do not set to zero.
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Time-Shift Window [InpShiftBarsBase]: Permitted candle shift window on correlated assets. Recommended values: 3 to 6 max (0 or 1 may cause false positives).
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Reference Base TF [InpBaseTF]: Structural reference timeframe for base calculations (H8 or D1 recommended).
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Search Bar Depth [InpSearchBars]: Historical lookback depth (Recommended range: 150 to 1500 bars max).
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Custom File Name [InpFileNameBase]: File prefix for exporting analytical reports in MT5 /Files folder.
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Visual & Styling Attributes: Complete customization of fonts, label sizes, colors for active/closed triangles, and trendline thickness.
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News Calendar Filter [InpNewsImportance]: Macroeconomic news filter toggleable between 1, 2, or 3-star impact events.
Pro Tip: Save your tailored parameters into .set files with descriptive filenames (e.g., Scalping_M5_EURUSD.set) for quick loading.
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Chart Setup & Alignment
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Open three separate charts in MetaTrader 5: EURUSD, EURGBP, and XAUEUR.
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Attach Professional Extra Triangle Scalper v18.2 to all three charts.
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Configure settings on the primary chart (e.g., EURUSD) and save the .set preset.
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Load the identical .set file onto the remaining two charts to ensure perfect algorithmic alignment.
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Execution & Operational Rules
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Timeframe Synchronization: All 3 charts must share the exact same timeframe before analyzing any setup.
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Profile Selection: Confirm your target style (Scalping, Intraday, Swing, or Gold).
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Using the FREEZE Feature: Freeze the chart HUD via the on-screen button to browse across timeframes without triggering pattern repaints. Adjust chart vertical scale if extended trendlines run off-screen.
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Take Profit (TP) Level Placement: Draw a horizontal price line exactly halfway between the starting point of the triangle and the far-right tip of the extended trendline projection. This line represents your primary TP target.
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Candle 0 Validation (Future Projection): With the indicator frozen, inspect the right vertex of the triangle relative to candle 0 (the active forming bar):
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Right vertex behind candle 0: Invalid signal.
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Right vertex 1 bar ahead of candle 0: Moderate validity (trade with caution).
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Right vertex 2 or more bars ahead of candle 0: 100% Validated Projection.
