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Naked Forex Big Shadow

Big Shadow Indicator is a pattern recognition indicator for Forex and Binary Options.

The Big Shadow is an enhanced pattern of the popular engulfing candle.

The Big Shadow pattern is very effective and is very simple to trade.

The strategy that comes with the Big Shadow 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
  • UseAlerts (true/false): to enable alerts
  • PopAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlers (true/false): to enable alerts of type Push Notification
  • SoundAlerts (true/false): to enable alerts of type Sound
  • SoundFile: file to be used for sound alerts

Trading rules:

  • For BUY: wait for a bullish Big Shadow to print on a support zone after a down trend. Wait for price to break high of the Big Shadow candle (5 pips above the high for H1 and higher time frames). Immediately enter in the trade once high is broken. You also can use a BUY STOP order placed 5 pips above the high of the candle (plus spread). Stop Loss should be placed below the low of the Big Shadow candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.
  • For SELL: wait for a bearish Big Shadow to print on resistance zone after an up trend. Wait for price to break the low of the Big Shadow candle (5 pips below the low for H1 and higher time frames). Immediately enter in the trade once low is broken. You also can use a SELL STOP order place 5 pips below the low of the candle. Stop Loss should be placed above the high of the Big Shadow candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.

To draw the support and resistance levels to trade with the Big Shadow, you can use the Fx Levels indicator : https://www.mql5.com/en/market/product/22547

We also offer the Naked Forex Kangaroo Tail indicator that might interest you: https://www.mql5.com/en/market/product/22734

The Big Shadow indicator can be used with any time frame.

The Big Shadow indicator can be used with any class of asset: Forex, Binary Options, Futures, Commodities, Stocks.

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Bintang Binary Indicator work all pairs Time Frame : All Time Frame Expaired : 1 Candle No Repaint, No Delay and Alerts Use manual and auto trading  Easy to use Trial Version, Rent Version and Full Version avaliable Trial Version >>> download here  https://www.mql5.com/en/market/product/54602 Trial Version not have Alerts Rent version 1 month, 3 month, 6 month, 9 month, and 1 years Auto trading is better use MT2 Trading Platform (Contact me for discount 10 % MT2 trading licence) Work good for f
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Supreme Commander
Ramon Sobrevals Arce
💢💢  New year's OFFER   💢💢 << Now only $199 after $299!! >>  We are glad to introduce you to the indicator of the indicators . The Most Powerful Technique to Determine Forex Trend Strength in 2021. We have perfected Supreme Commander that it calculates an average of the selected indicators (up to 16) and the selected timeframe (all) with the result of a single trend that indicates the potential of buying and selling.  🌟 The main goal🌟 for this algorithm is to determine accurately the per
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Lines Channel Pro
Vitalyi Belyh
The Lines Channel Pro indicator determines the price reversals from the High / Low channel. Contains a built-in trend identifier and channel signal lines. Explanation of parameters. Use Channel trend filter - Enables the channel filter, inside which the input signals are calculated. Lines Period - Specifies the period for building the channel lines. Averaging Period - Averaging period of the lines, adjusts the balance between the signal line and the non-signal zone. Price Method Calculat
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EasyFibo is an exclusive indicator to use fibo levels in a very simple way. Fibonacci levels is a very important tool in trading, used by technical as well as fundamental traders. Unfortunately usual fibo indicators are difficult to use. Now with EasyFibo it is easy to use fibo levels to trade. The indicator uses color codes to identify the extensions levels that match with the pullbacks levels. Once you identify a pullback in a trend you can easily set your profit target using the EasyFibo indi
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FX Sniper Yellow is an exclusive leading indicator to trade Forex with your Metatrader trading platform. FX Sniper Yelow is able to analyze market participants behavior and to predict changes in the price direction even before movement starts. Most indicators are lagging indicators and are useless. FX Sniper Yellow is a unique leading indicator . The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of price action. FX Sniper Yellow never rep
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FX Sniper Magenta
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FX Sniper Magenta is an exclusive leading indicator to trade Forex with your Metatrader trading platform. FX Sniper Magenta is able to analyze market participants behavior and to predict changes in the price direction even before movement starts. Most indicators are lagging indicators and are useless. FX Sniper Magenta is a unique leading indicator . The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of price action. FX Sniper Magenta neve
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Inside Bar Indicator
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Inside Bar is a very popular candlestick pattern. Inside Bar indicator can be used to trade Forex, Binary Options or any class of assets. The present indicator will detect inside bar candles in the chart and will generate alerts. Inputs of the indicator are Symbol: type of char symbol to be displayed in the chart to show Inside Bar patterns CustomCode: char code to be used as custom char symbol (works only with Symbol=_Custom) Position: position of symbol relative to the candle (above or below
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Version 1.10 2020.07.31
Update to Metatrader 4 build 1280