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Price Action Triggers

85 USD

Demo downloaded: 405

Published: 16 March 2017

Current version: 4.1

Price Action Triggers

Indicators
Robert Maidla
Robert Maidla
Software developer at RM Trading Solutions

Estonia

8439
4.6 (58)
A freelance developer of trading algorithms from Estonia since 2015. I have the Certificate in Advanced English level C1 (by Cambridge English Language Assessment) so I have no problem communicating in English. I am also an entrepreneur so I have great respect for deadlines which I consider

2 products 3 topics 5 comments
Version: 4.1
Updated: 10 October 2018
Activations: 5

Price Action Triggers indicator uses the purest form of data available in the market (price action) to determine the entry triggers. The signals are formed by observing the shape, positioning and relative size of the candles. The triggers will appear once either a single or a multi candle setup is detected.

It is important to note that the triggers will not observe the broader direction of the market (market sentiment). Thus the indicator should not be used as a stand-alone trading system. The Price Action Triggers work great when you have determined the market sentiment and know which triggers to take.‌

N‌B! All the arrows appear at the start of the candle they locate on and will not repaint!

T‌he indicator works on all timeframes and symbols, but it is recommended to use it on bigger timeframes (H4 and up) since price action analysis principles work better the bigger the timeframe.

‌Inputs

Alerts - if true, the indicator sends an alert notification to the MetaTrader 4 terminal when any of the arrows appear along with the symbol name the event happened on.
Push notifications - if true, the indicator sends a push notification when any of the arrows appear along with the symbol name the event happened on.
Emails - if true, the indicator sends an email when any of the arrows appear along with the symbol name the event happened on.

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Advanced calculation made by pure price action to find LH and HL breakouts. It will give you a great reversal points in the market. LH and HL signals can used for the traingle breakouts as well. Once breakout happens its indicate strong reversal. Nice filter for Moving Averages. I highly suggest to use that with trend indicators. Can be used as an extra confirmation for support and resistance , supply demand indicators. The indicator is not repainting. Buffers : SetIndexBuffer ( 0 ,UpBar);

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Price Action Strength indicator uses the purest form of data available in the market (price action) to indicate the strength of the market move. Reading price action and measuring its strength is a subjective matter and it is a technique that takes years to master. The purpose of the indicator is to make the reading of the price action strength as objective as possible. The indicator is far more advanced then default oscillators, because in addition to the price movement and its direction, the P

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Filter:

266

Michele dL 2020.12.10 11:31 #

This indicator is of no use, unless purchased with Price Action Strength indicator. But even then, it just keeps giving a lot of signals, which personally didn't really help me on a H4 time frame. For what it is, I think it is quite overpriced.

Price Action Triggers

Robert Maidla

‌Inputs