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RiveR Scope

RiverScope automatically determines the nearest most important price levels and support and resistance zones in history, it also identifies a large number of price action patterns (30+).

The support and resistance levels are determined based on an algorithm that calculates and filters the historical values of the price, its movement character, volumes, etc. It displays the current situation, therefore the nearest levels change in real time depending on the current price.


Advantages

  • flexible customization of timeframes for calculating the main and additional support and resistance zones
  • convenient display of the zones and levels on the chart
  • display of the information about the range in points for the main and additional zones
  • output of the information about the current market situation (average volatility, size of the candle body, its upper/lower wick and their difference, which indicates the probable direction of the price using colors: Bullish - blue, Bearish - red)
  • information of the price movement: ranges and path passed during the current day, the previous day and average for 5 days
  • comfortable display of time until the current candle closes
  • determines the gaps and displays information on the number of points before it "closes" in real time
  • easily identifies 30+ candlestick patterns of price action (with additional filtering)
  • convenient display of information about patterns and gaps: bullish ones have blue color, bearish - red
  • Goiler levels, which based on the principles of analysis by Gann, provide additional information on trades or strong levels.
    • The Goiler levels show the probability of trade direction: if the light green line is above the dark gray line, it is a buy signal, if lower — sell signal. Light green - take profit, blue - take profit 2, red - stop loss, orange - either stop loss or (depending on the market situation) the market entry point.
    • The Goiler levels can also be used similar to all other support/resistance levels (because the levels are strong enough, i.e. trade either level rebounds or breakouts.


Settings

- Main options -

  • Main TimeFrame - select the timeframe for calculation of the MAIN support and resistance zones:
    • Current - current timeframe
    • Current + 1 - current timeframe + 1
    • Current + 2 - current timeframe + 2
    • 1 Minute - fixed timeframe selection
    • ...
    • 1 Month
  • Extra TimeFrame - select the timeframe for calculation of the ADDITIONAL support and resistance zones:
    • Without ExtraTimeFrame - do not use the ADDITIONAL support and resistance zones
    • MainTimeFrame + 1 - MAIN timeframe + 1
    • MainTimeFrame + 2 - MAIN timeframe + 2
    • 1 Minute - fixed timeframe selection
    • ...
    • 1 Month
  • History bars for Levels – the number of bars to calculate the support and resistance areas (500 recommended)
  • History bars for Info – the number of bars to calculate the information about the current market situation (50 recommended)
  • Path length price - enable/disable the information on price path

- Colors -

  • Color Resistance-level Main - the color of the MAIN resistance level
  • Color Support-level Main - the color of the MAIN support level
  • Color Resistance-level Extra - the color of the ADDITIONAL resistance level
  • Color Support-level Extra - the color of the ADDITIONAL support level
  • Color Resistance-zone Main - the color of the MAIN resistance zone
  • Color Support-zone Main - the color of the MAIN support zone
  • Color Resistance-zone Extra - the color of the ADDITIONAL resistance zone
  • Color Support-zone Extra - the color of the ADDITIONAL support zone
  • Color Goile Entry level - color of the entry level (by Goiler)
  • Color Goile Entry2 level - color of the second entry or stop loss level (by Goiler)
  • Goile Take Profit level - color of the take profit 1 level (by Goiler)
  • Goile Take Profit 2 level - color of the take profit 2 level (by Goiler)
  • Goile Stop-Loss level - color of the stop loss level (by Goiler)

- Additional levels -

  • Bank-level - enable/disable the bank level
  • Min/Max price previous day - enable/disable the min/max price level of the previous day
  • Goiler-level (analize Gann) - enable/disable the Goiler levels

- Price Action options -

  • Check GAP - enable/disable the gap control
  • Begin from TimeFrame - select the timeframe to start identifying the patterns (not related to the chart timeframe)
    • Without Price Action - disable the pattern recognition block
    • 1 Minute - select the timeframe
    • ..
    • 1 Month
  • Filter Price Action - enable/disable pattern filtering
  • List of patterns with the ability to enable/disable each:
    • Engulfing
    • Inside Bar
    • Belt Hold
    • Rails
    • DBLHC & DBHLC
    • TBL & TBH
    • Pin Bar
    • Hammer
    • Shooting Star
    • Morning Star
    • Evening Star
    • Piercing
    • Dark-cloud cover
    • Doji
    • Tweezers Top & Bottom
    • Key Reversal
    • Open-Close Reversal
    • Hook Reversal
    • Island Reversal
    • Pivot Point Reversal
    • Closing Price Reversal
    • 4B1B Pivot
    • Complex Pivot Point
    • Move-Congestion-Move?
    • Three Inside Up & Down
    • Kicker
    • Three BlackCrows & WhiteSoldiers
    • Three Line Strike
    • Abandoned Baby Top & Bottom
    • Three Outside Up & Down
    • Stick Sandwich
    • Squeeze Alert
    • Rising & Falling Three Method

Added integration with RiveRControl

The product will be improved and supplemented. If you have questions or suggestions please send me a message.

https://www.mql5.com/en/users/mavrix/blog

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Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
149 USD
TPA True Price Action MT4 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. TPA has been developed by traders for traders and is not another combin
168 USD
Naked Forex Kangaroo Tail
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
147 USD
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
199 USD
FiboPlus
Sergey Malysh
A ready-made trading system based on automatic construction and maintenance of Fibonacci levels for selling and buying for use on any instrument (symbol) and on any period of the chart. Features Detection of trend direction (14 indicators) Construction of horizontal levels, support and resistance lines, channels Selection of a variant for calculating Fibonacci levels (six different methods) Alert system (on screen, E-Mail, Push notifications) Buttons Color scheme switching button. Arrow buttons.
80 USD
Infinity TrendLine PRO
Evgenii Aksenov
TrendLine PRO indicator is based on the analysis of the strength of bulls and bears.  TrendLine PRO never repaint and does not change the levels!!! It shows the highlighted trend line (blue is bulls and red is bears), the entry point and the calculated TakeProfit and StopLoss levels.  You can manage levels and other settings which makes the TrendLine PRO a universal tool for any strategy You can find additional set files in the telegram chat.   You can learn how to set the indicator in the blog
75 USD
Pivot Prof MT4
Paul Anscombe
Advanced Support & Resistance Trading Made Easy... Get simple, effective trade opportunities with Pivot Prof and use the Support and Resistance   levels professionals use. Pivot Prof brings premium levels to the trader where the market is most likely to react, which is the very thing a trader needs to enter or exit the market, there is little point in trading in no-mans land, that gives the trader no edge whatsoever and leads to larger SL, larger drawdown, smaller TP and more risk. Pivot Prof is
69 USD
Risk Reward Panel
HESAMEDDIN ABDOLRAHIM RAHI
Risk Reward Panel   This is a useful tool to plan a trade risk to reward visually. The indicator is very simple to use with minimum settings.  Long or Short You can use the indicator for both long and short positions.  Lot Size Calculator You can also use this indicator as a lot size calculator. If you set the risk amount the indicator will calculate the lot size for you based on the stop loss line. You do not need to calculate the lot size manually. 
99 USD
Weis Wave with Alert
Panagiotis Diamantopoulos
60% Discount Limited Time Offer from 420$ to 168$. Offer Ends 28/2/2021. **NEW Speed Index + Auto Volume Waves **** How to trade with it:  https://www.tradethevolumewaves.com/blog Visit:  http://www.tradethevolumewaves.com   Manuals:  https://www.tradethevolumewaves.com/manuals Youtube channel:  https://www.youtube.com/channel/UCTAzhvsnzPppdqWJS-MWafQ This is a Weis Wave indicator which is based on Richard D. Wyckoff theory. It works in all time periods, range bar and tick bar charts and it can
168 USD
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RiveR Scope Lite
Ruslan Losin
RiverScope Lite automatically determines the nearest most important price levels and support and resistance zones in history, it also identifies a large number of price action patterns (the lite version is limited to 10, while the full version has 30+). The support and resistance levels are determined based on an algorithm that calculates and filters the historical values of the price, its movement character, volumes, etc. It displays the current situation, therefore the nearest levels change in
30 USD
RiveRControl
Ruslan Losin
A powerful assistant for manual trading. Execute a deal with one click and manage the trade volume, stop loss and take profit, according to your trading strategy, without being distracted from the chart. The product can also visually preview your levels of entry into the market, stop loss and take profit before placing an order. Advantages easy and intuitive interface the control panel in real time 3 modes of setting the order volume 6 stop loss setting modes 5 profit take setting modes calcul
30 USD
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Version 1.31 2018.07.18
Fixes associated with the display of additional levels on "Gold"
Version 1.30 2017.07.11
1. Added information about the price movement today/yesterday/average for 5 days
2. Added display of time until the current candle closes
3. Added the Goiler levels based on the principles of analysis by Gann.
4. Added integration with RiveRControl
Version 1.20 2017.04.18
1. Fixed incorrect "not closing" of the GAP under certain conditions
2. Added information about the daily price ranges today/yesterday/average for 5 days
Version 1.10 2017.04.06
1. Fixed incorrect determination of the GAP during the starting initialization of the indicator
2. New Price Action patterns have been added:
Three Inside Up & Down
Kicker
Three BlackCrows & WhiteSoldiers
Three Line Strike
Abandoned Baby Top & Bottom
Three Outside Up & Down
Stick Sandwich
Squeeze Alert
Rising & Falling Three Method