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Color Trend FX

The Color Trend FX indicator shows on the chart the accurate market entry points, accurate exit points, maximum possible profit of a deal (for those who take profit according to their own system for exiting deals), points for trailing the open positions, as well as detailed statistics. Statistics allows to choose the most profitable trading instruments, and also to determine the potential profits.

The indicator does not redraw its signals! The indicator is simple to set up and manage, and is suitable for beginners, advanced and professional traders.

The indicator is a part of my portfolio of tools for trading, therefore, it will be constantly upgraded and supplemented with new features, which will be available to all my clients. I would be grateful for your feedback!


Features of Color Trend FX

  • Automatically determines the market entry points;
  • Automatically determines the market exit points;
  • Can be used on any symbols and timeframes;
  • Ability to trail open positions;
  • Expanded statistics on entries (separate for Buy and Sell deals), allowing to choose a profitable symbol and determine potential profit;
  • Notification functions using email messages, terminal alerts, push notifications;
  • Signals are not repainted;
  • Signals strictly on the "Close of the bar".


Main settings

  • AccuracyDelta - accuracy of entry filter. The lower the value, the more "noise" in signals. If a value is too large, the signal may be lagging;
  • ‌Days for Calculation - number of days for calculation.  If your computer is not very powerful, you can limit the number of bars for calculation;
  • Show Extended Statistics - display extended statistics on deals;
  • Delta to Draw Arrows (in Pips) – offset in pips to display the signals on the chart.


    Time settings

    • Use Time Filter - activate filter by time;
    • ‌Start Hour - trading start hour;
    • Stop Hour - trading end hour;
    • GMT Offset – shift relative to GMT.

    Color settings

    • ColorBuy - color of buy signals;
    • ColorSell - color of sell signals;
    • CurrentColorBuy - color of buy signals on the current [0] bar;
    • ‌CurrentColorSell - color of sell signals on the current [0] bar.


    Notification (alert) settings

    • Enable Notifications - activate all types of alerts, false - disabled, true - enabled;
    • Enable Terminal Alerts - activate alerts in separate message boxes;
    • Send Push Message - send push notifications to the mobile terminals (specify the MetaQuotes ID in the settings);
    • Send an Email - send emails to the address specified in the settings.


    Important Note

    The purpose of the instrument is to show accurate entry points, points for trailing open positions, exit points. It also displays statistics on the possible potential profit for the current instrument and timeframe. It is not recommended to trade during important news releases, in order to avoid false entries!

    It is not recommended to trade on a low-volatility (flat) market!

    The principle of using the data on the average profit at the current symbol and timeframe:

    By analyzing different pairs and timeframes, you can choose the most profitable pair and timeframe suitable for your style of trading.

    Knowing the average profit on the current instrument and timeframe, you can select the average profit level for next trades.

    Reviews 1
    Joshua Mangold
    432
    Joshua Mangold 2017.12.27 07:12 
     

    One of my favorites, would recommend.

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    PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we have ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of their experience. What Is VSA? VSA (Volume Spread
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    PipTick Effort Index MT4
    PipTick Effort Index MT4
    Michal Jurnik
    PipTick Effort Index indicator is based on the work of Karthik Marar, volume spread analysis trader. It compares the change in price (Result) to the size of volume (Effort) for a certain period of time. By comparing the effort and result we can get more information about the future price movement. Both values are normalized and converted to scale of 0-100% based on a selectable look back period. The law of effort and result The law of effort vs. result states that the change in price of a tradin
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    TIL Auto Fibonacci Indicator
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    Viktor Macariola
    Fibonacci retracement is one of the most reliable and used technical analysis tools for trading. It uses the so called “golden ratio” to predict certain levels of support (price movement reverses from downward to upward) and resistance (price movement reverses from upward to downward) which is a mathematical pattern seen through out nature and even the universe. Because so many traders make use of this trading strategy and watch these price levels, more often than not the Fibonacci levels become
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    ProZZcom
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    Uladzimir Izerski
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    XCalper TFO MT4
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    Aecio de Feo Flora Neto
    This oscillator was created exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels. The fast line (white by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever the fast line crosses the value of -0.5 upwards, it means an oversold price level. When it crosses the value of +0.5 downwards, it means an overbought price level. When fast line crosses the value of 0.0 and returns, it is
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    EMA Dashboard
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    Chantal Sala
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    Advanced Dashboard for Currency Strength and Speed
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    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
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    Currency Strength Exotics
    Currency Strength Exotics
    Bernhard Schweigert
    CURRENTLY 20% OFF !!   Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures . Is first of its kind, any symbol can be added to the 9th line to show TRUE CURRENCY STRENGTH of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your
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    FX Trend
    FX Trend
    Daniel Stein
    FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powerful they are. All this makes it an easy-to-use trend trading system for beginners, advanced and professional traders.' Get more information, like FAQs, tips and tutorial videos in our  public FX Trend info channel ️️️️️ You want to become a constantly profitable 5-star
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    Scalper Inside PRO
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    Alexey Minkov
    This is a trend indicator for MT4, giving accurate signals without repaint or delays, and allows you to test your own arrows indicators. Main Features Next-Generation Trend Detection Algorithm (NG TDA) Automatic Detection of Enrty and Exit Points Detailed Statistics Calculation Includes Two Superior Strategies Suitable for Different Trading Instruments and Timeframes Ability to Connect Custom Indicators to Calculate Statistics and Check Profitable (in PRO version) Easy-to-Use Rules Suitable for
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    All in One Trade
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    Alexey Minkov
    The main purpose of the All-in-One Trade Indicator (AOTI) is determining the daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, and GBPJPY. All other modules work on any instruments. The indicator includes many features: Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, etc. The indicator is designed to simplify the analysis of the market, and it is based on several trading strategies that I apply to
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    Reversal Master
    Reversal Master
    Alexey Minkov
    The Reversal Master is an indicator for determining the current direction of price movement and reversal points. The indicator will be useful for those who want to see the current market situation better. The indicator can be used as an add-on for ready-made trading systems, or as an independent tool, or to develop your own trading systems. The Reversal Master indicator, to determine the reversal points,  analyzes a lot of conditions since the combined analysis gives a more accurate picture of t
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    Filter:
    Joshua Mangold
    432
    Joshua Mangold 2017.12.27 07:12 
     

    One of my favorites, would recommend.

    Reply to review
    Version 1.5 2021.06.29
    ▪ Scheduled compilation for the current build of the terminal
    Version 1.4 2017.11.30
    * Indicator's logic upgrade,
    * Added filter by time,
    * Some minor changes.
    Version 1.2 2017.04.25
    * Important update: added the ability to determine the exit points

    * Ability to move the comment area on the price chart