• Overview
  • Reviews (2)
  • Comments (6)
  • What's new

Short term extremum

5

The indicator determines and marks the short-term lows and highs of the market on the chart according to Larry Williams` book "Long-term secrets to short-term trading".

"Any time there is a daily low with higher lows on both sides of it, that low will be a short-term low. We know this because a study of market action will show that prices descended in the low day, then failed to make a new low, and thus turned up, marking that ultimate low as a short-term point. A short-term market high is just the opposite. Here we will see a high with lower highs on both sides of it. What this says is that prices rallied up to the zenith of that middle day, then began to move back down, and in the process formed a short-term high. For our purposes in identifying short-term swing points, we will simply ignore inside days and the possible short-term points they produce."

In case of appearance of the short-term high, the indicator displays the red "down" arrow above the level of central bar which creates a pivot point. The green "up" arrow appears below the pivot point level. The signal is considered to be formed after close of the last bar on the chart.

Larry Williams recommends to buy or sell an asset at the opening price of the next bar after signal formation. The stop-loss should be placed above (below) the local high (low).

Swing points signals are good filters and amplifiers for other trading strategies.


Parameters

  • Draw uncompleted signals - true - enable drawing arrows on the chart, indicating the preliminary trade signals on incomplete bars. false - the preliminary trade signals are disabled on incomplete bars.
  • MA period - period of the moving average for forming trade signals on local extremums
  • MA Method - selection of the moving average type
Reviews 2
luke styles
170
luke styles 2018.01.10 13:24 
 

good indicator

Recommended products
This Expert Advisor is an intraday system that exploits short and long hourly bias on EURUSD change. Money Management and position sizing is a self derived formula: the EA use 0.01 up to 0.05 lots every 1.000 Eur (or USD based on the currency account). The EA has been developed on GMT+3 timezone: use the input parameter 'timeOffset' to adjust your server timezone to the GMT+3. You can view live performance of my trade account on the comments page. There is also this free signal  https://www.mql
100 USD
God Odin
Alexander Oropesa Marrero
My top five EAs  { Two Brother EJ12,Two Brothers AU11, Treasure Seeker, Rey Toro, Dark Shark } Put God Odin to work now, this amazing EA was carefully made and tested for the   USD/CHF, EUR/USD market exclusively in the 5m time frame, the purpose of this EA is to keep your capital safe and get constant monthly profits.   This EA can be used with little capital $100 and it works perfectly, I tested with $50 but it is recommended to start with $100 minimum, I recommend using a VPS. You can also
95 USD
Grey Wolf
Alexander Oropesa Marrero
My top five EAs  { Two Brother EJ12,Two Brothers AU11, Treasure Seeker, Rey Toro, Dark Shark } Put to work now Grey Wolf, this amazing EA was made and carefully tested for the USD/CAD, AUD/USD market exclusively in the 5m time frame, the purpose of this EA is that you get more than 25% monthly profit and your account never reach 0$.   This EA can be used with little capital 100$ and work perfectly, I tested with 50$ and work perfectly but it is advisable to start with 100$ minimum, I recommen
95 USD
Big Atlas
Alexander Oropesa Marrero
My top five EAs  { Two Brother EJ12,Two Brothers AU11, Treasure Seeker, Rey Toro, Dark Shark } Put to work now Big Atlas this amazing EA was made and carefully tested for the   AUD/USD   market exclusively in the 5m time frame, the purpose of this EA is that you get more than 25% monthly profit and your account never reach 0$.   This EA can be used with little capital 100$ and work perfectly, I tested with 50$ and work perfectly but it is advisable to start with 100$ minimum, I recommend usin
45 USD
Treasure Seeker
Alexander Oropesa Marrero
My top five EAs  { Two Brother EJ12,Two Brothers AU11, Treasure Seeker, Rey Toro, Dark Shark } Put to work now Treasure Seeker this amazing EA was made and carefully tested for the GBP/USD market exclusively in the 5m time frame, the purpose of this EA is keep your capital safely with this incredible EA you earn 20% monthly .   This EA can be used with little capital $100 and work perfectly, I tested with $50 but it is advisable to start with $100 minimum, I recommend using a VPS. You can als
95 USD
Last Viking
Alexander Oropesa Marrero
My top five EAs  { Two Brother EJ12,Two Brothers AU11, Treasure Seeker, Rey Toro, Dark Shark } Put Last Viking to work now, this amazing EA was carefully made and tested for the EUR/CHF market exclusively in the 5m time frame, the purpose of this EA is to keep your capital safely and get constant profit monthly. This EA can be used with little capital $ 100 and it works perfectly, I tried with $ 50 but it is advisable to start with a minimum of $ 100, I recommend using a VPS. You can also wor
95 USD
Rey Toro
Alexander Oropesa Marrero
My top five EAs  { Two Brother EJ12,Two Brothers AU11, Treasure Seeker, Rey Toro, Dark Shark } Put to work now Rey Toro this amazing EA was made and carefully tested for the EUR/NZD market exclusively in the 5m time frame, the purpose of this EA is keep your capital safely behind this incredible bull and your account never reach 0$.   This EA can be used with little capital 100$ and work perfectly, I tested with 50$ and work perfectly but it is advisable to start with 100$ minimum, I recommen
95 USD
Sensey
Yaroslav Varankin
Sensey can recognize candlestick patterns signal accuracy up to 80% he also recognizes the lows and highs of the price for a certain time. Sensey multi-timeframe works on all currency pairs in futures and sulfur as well. cryptocurrency does not redraw the work it can see in the test. there is an alert it is available in the settings. you can enable or disable it depending on how you prefer.
50 USD
Are you tired of tester grail and price action experts who earn only in the strategy tester? You don't want to use strategies with grid, averaging and martingale? Tired of the endlessly hanging non-closed positions that can blow up your trading account at any time? Especially for you, the LATAlab team has developed a unique trading expert INTRADAY PROFIT MT5! We present you the author’s intraday trading strategy. For a trading expert, formulas were developed for calculating volatility, trend
99 USD
SRForce
Agnello Hupp
SRForce depicts the strengths of support and resistance levels. As the blue line (support line) approaches or crosses the zero line, it indicates that a support zone is near, and prices are likely to bounce back. Similarly, when the red line (resistance line) approaches or crosses the zero line it indicates that a resistance zone is near, and prices are likely to change its direction. The greater the difference between the red line and the blue, the higher the difference between support and resi
30 USD
Dark Shark
Alexander Oropesa Marrero
My top five EAs  { Two Brother EJ12,Two Brothers AU11, Treasure Seeker, Rey Toro, Dark Shark } Put to work now Dark Shark this amazing EA was made and carefully tested for the GBP/JPY market exclusively in the 5m time frame, the purpose of this EA is that you get more than 25% monthly profit and your account never reach 0$.   This EA can be used with little capital 100$ and work perfectly, I tested with 50$ and work perfectly but it is advisable to start with 100$ minimum, I recommend using a
95 USD
Managing Trades With Moving Average EA : Many Traders like using Moving Averages for trend confirmation , and timing Entry and Exits . ​ With Semi- Automatic Moving Average EA we provide effective way to manage open trades as per your Moving average strategy and uses MA as trailing stop loss.  ​ EA considers only closing price of candle therefore avoids stop outs caused by sudden  price fluctuations and helps to stay in trend longer.  ​ You can decide which MA to use and various settings of MA 
30 USD
Forex Volumes
Marco Montemari
Forex is the most liquid market in the world. For this reason real volumes are not available. Some indicators use the number of ticks, in other cases the broker can supply volumes informations but they will be only data about that broker. Volumes are important becase they will form the price and volatility of the market. Using an algorithm this indicator can give you a very good approximation of the volumes for each candle. How to read the indicators? This version provides you many visualiza
67 USD
Japanese candlestick indicator This indicator is created to simplify the search of reversal patterns using Japanese candlestick analysis. It marks the reversal patterns on the chart. When pointing on the object, it shows a tooltip with pattern description. The indicator can find the following patterns: Gray - Hanging Man or Hammer; Red - Bullish engulfing; Lime - Bearish engulfing; Indigo - Doji; Lime - Dark Cloud Cover.
100 USD
Heiken Ashi Short Grid MT5
Joseph Anthony Aya-ay Yutig
OCTOBER SALE!!!    OCTOBER SALE!!!   OCTOBER SALE!!! Heiken Ashi Short Grid is an EA that is using the Heiken Ashi Indicator for the initial trade and uses grid trades when the the trade is on the losing side. OPTIMIZED SETTINGS ARE AVAILABLE IN THE COMMENT SECTION!!! Optimized Currency Pairs:  - AUDCAD  - USDCAD - AUDUSD Parameters:  - Initial Volume  1 = 0.01 Lot will not open a martingale system 3 = 0.03 Lot for every $10,000  - Grid Size  - Multiplier  - Take Profit HEIKEN ASHI SETT
50 USD
Easy Order NG for MT5
Jorge Delgado Segura
This EA utility helps Price Action traders calculate the risk as Big Money profesional traders do: in points or percentages. Allows to also set a desired Profit:Risk ratio and optionally enter a second and third orders simultaneously with different ratios and risk percentages. Great for BTMM, ICT, and other methodologies. Very simple to use, just "point and shoot"!!! FREE demo version here .
30 USD
提供专业的EA编程服务,推出特色仪表盘EA编程,将您的交易策略自动化,可视化,一个图表管理多个交易货币对,详情查看: http://www.ex4gzs.com  Providing quick Developments and Conversion of MT4/MT5 EAs, Indicators, Scripts, and Tools. If you are looking for an Dashboard EA to turn your trading strategy into auto trading algo and to manage multi trades in one chart with visualizing tool, come and visit http://www.ex4gzs.com/en for more details. 如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra featur
FREE
Trader Evolution
Siarhei Vashchylka
Trader evolution - A program for money management, technical analysis and counting waves. The panel is designed for trading only on currency pairs and only on dollar accounts. The control panel of the program consists of two tabs between which the user can switch. The first tab "MM" (Money manager) is responsible for money management, and the second "EWA" (Elliott wave analyzer) for counting waves and building technical analysis. Money management (activated by pressing the MM button on the pan
189 USD
Market Time Pad
Vladislav Andruschenko
4.69 (13)
The indicator that displays current time at the main markets of the world. It also displays the current session. Very easy to use. It doesn't occupy much space on a chart. It can be used together with Expert Advisors and other panels, such as VirtualTradePad . The classic style version. Dear friends and users of our EAs, please add your ratings in the  Reviews  section. All updates to our forex software are  free ! This is a free trading utility! Other Features: There is an option in the input
FREE
Big Players Last Fight
Flavio Jarabeck
4 (1)
A very useful Price Action point is the previous day Closing VWAP. We call it Big Players Last Fight . This indicator will draw a line showing on your chart what was the last VWAP price of the previous trading session. Simple and effective. As an additional bonus, this indicator saves the VWAP value on the Public Terminal Variables, so you EA could read easily its value! Just for the "Prefix + Symbol name" on the variables list and you will see! SETTINGS How many past days back do you want to
FREE
Exp5 The xCustomEA for MT5
Vladislav Andruschenko
4.6 (10)
Universal trading adviser on custom indicators for MetaTrader 5. Builder of strategy. Write the name of your indicator with Arrow and signal buffers, and our EA xCustomEA trades on these signals. You can also use many of our built-in functions. Version for MetaTrader4:  The xCustomEA  version  for MetaTrader 4 terminal The functionality of the universal trading adviser The xCustomEA exactly duplicates all the parameters of our advisor  The X  except one: The xCustomEA  works on a custom indicat
229 USD
Nasdaq Bull Free
Luigi Maria Luna
5 (1)
READ Carefully the INPUT Section! There is a parameter that MUST BE "TRUE"  This Is Free Unlocked Versios of the Nasdaq Bull Ea! Buy the 'Nasdaq Bull' Trading Robot (Expert Advisor) for MetaTrader 5 in MetaTrader Market (mql5.com) If you leave a nice Review and comment, CONTACT ME to receive 50% OFF the full Unlimited Version! Trade as a professional the Best Index in the World: NASDAQ !  This Ea uses a powerfoul trend following sysistem to catch the up trends on H1 timeframe, but it can be
FREE
Daily HighLow Break
Giovanni Romano
5 (1)
This is a very simple indicator for metatrader 5 (ex5) that draws daily Low High. What is very useful is that it tracks the breaks every time we have a new high or low in the daily session. So it will be more easy to sport where we are, but also the pressure of the trend and the fake breakouts. If you start to observe, then you will see that useful information will come from this type of details/analysis. PS:If you are interested in learning a strategy I used to being funded on FTMO account, con
FREE
Grammy MT5
Andrey Khatimlianskii
5 (1)
Grammy  — is: Instant messages to your Telegram on any  trade events , Commands to  control all your terminals  from one Telegram chat, Price alerts  (crossing horizontal or trend lines), Daily, weekly and monthly  reports . You can't test this utility in the Strategy Tester. Please, contact me to get your free demo version. Why is Grammy better : Fully customizable  messages templates , Emoji  and "smart" substitution to the messages, Commands  to control all your terminals from Te
99 USD
One of the simplest Pivot Point indicator, easy to operate, and most complete for a single chart in determining    Resistance   and   Support  level lines. In single chart,  it will show R&S Level Line with 5 popular types of Pivot Point, Highest&Lowest of closing price Include the Trend and up to 3 Time Frames. Five   types   (Floor, Woodie, Camarilla, DeMark, & Fibonacci)   of popular   Pivot Points   in determining   Resistance   and   Support   levels. With just using simple button on th
FREE
Cap RSI Trader EA MT5
Mohammad Ali
4.27 (11)
CAP RSI Trade EA MT5   trades using the RSI Indicator. It offers many customizable RSI trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [  Most Popular Product   |  List of FREE Product   |  Installation Guide  |  Update Guide  |  Submit Your Problem   |  All Products  ] Easy to use and customizable RSI setting. Enable Grid trading. Customizable break-even, SL, TP and trailing-stop
FREE
NQ Absolute Strength Histogram
Luiz Ernesto De Queiroz Costa
5 (2)
A tool that cannot be missing from your arsenal! You should already know the ASH indicator, right? However, smoothed and with an auxiliary signal line is the first time. This indicator will show you the best time to enter and exit an operation, just following some rules. Buy: Histogram is green and goes below the zero (0) level becoming red, but the signal line remains above zero, only approaching, and both start to rise. Histogram is green and approaches zero level, however the signal line d
FREE
Stable EA MT5
Artem Koliada
The EA works on all types of trading accounts, NETTING and HEDGING. Stable EA MT5 always uses Take Profit and Stop Loss. The EA trades on the EUR / USD currency pair.(After, more currency pairs will be added) Settings Fix lot size - the size of a fixed lot Max Spread - spread limitation Allow trading on a currency pair - allow the EA to trade Take Profit ( pips ) - the size of the Take Profit in pips Stop Loss ( pips ) - Stop Loss size in pips Analysis period ( bars ) - depth of the indic
49 USD
This indicator is based on the classical indicator Stochastic and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames Stochastic indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each Indicator for every TF. First line of data is representing a Main calculations of the St
40 USD
Scaner
Vitalii Zakharuk
Scaner indicator. Currency pairs never rise or fall in a straight line. Their rises and falls are alternated by pullbacks and turns. Each growth and each fall is reflected in your emotional state: hope is replaced by fear, and when it passes, hope reappears. The market uses your fear to prevent you from taking a strong position. At such times, you are most vulnerable. Everything will change if you use the Scaner indicator. The Scaner indicator was created to neutralize temporary pauses an
56 USD
Buyers of this product also purchase
This is an indicator for MT5 providing accurate signals to enter a trade without repainting. It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices .  It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! Most traders improve their trading results during the first trading week with the help of the Entry Poin
125 USD
!!! CYBER MONDAY SALE - 25% OFF ALL INDICATORS !!! Normally $49 - $36.75 This Weekend! Ends Midnight Monday 29th November. Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price mome
36.75 USD
*Non-Repainting Indicator Arrow Indicator with Push Notification based on the Synthethic Savages strategy for synthethic indices on binary broker. Signals will only fire when the Synthethic Savages Strategy Criteria is met BUT MUST be filtered. Best Signals on Fresh Alerts after our Savage EMA's Cross. Synthethic Savage Alerts is an indicator that shows entry signals with the trend. A great tool to add to any chart.  Best Signals occur on Fresh Alerts after our Savage EMA's Cross + Signal
98 USD
Gold Stuff mt5
Vasiliy Strukov
5 (33)
Gold Stuff mt5 is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. Contact me after purchase!  SETTINGS Draw Arrow - on off. drawing arrows on the chart. Alerts -   on off audible alerts. E-mail notification - on off. email notifications. Puch-notification - on off. Push notifications. Next, adjust the color gamut.
125 USD
Black Dragon indicator mt5
Ramil Minniakhmetov
5 (4)
The trend detection indicator will compliment any strategy and can also be used as an independent tool. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus!  Benefits  Easy to use; does not overload the graphic wih unnecessary information. The ability to use as filter for any strategy. Contains bult -in dynamic levels of cupport and resistange,  which can be used both, for profit taking, and for settings up stop-losses. The indicator does not change color after t
99 USD
Trend Screener Pro MT5
STE S.S.COMPANY
4.86 (7)
Trend Indicator, Breakthrough Solution For Trend Trading And Filtering With All Important trend Tool Features Built Inside One Tool!    Our indicator has been developed by traders after 6 years of experience in trading and via only one chart the trader will monitor all markets trends  ( Forex, Indices, commodities, crypto...etc). It will generate forex Signals ( Strong Trend signals, Trend Reversal Signals ).  Daily Signal Performance and Trend analysis via Trend Line Map Indicator & Trend Scree
50 USD
About Ace Supply Demand Zone Indicator The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. Supply and demand zone serves as the good entry in our trading. It provides you the detailed trading plan + the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Firstly, Ace Supply Demand Zone indicator was built on the non-repainting and non
100 USD
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
280 USD
PZ Day Trading MT5
PZ TRADING SLU
2.6 (5)
This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels It impl
299 USD
Support And Resistance, technical indicator for mt5 that identifies the Strong support and resistance Zones based on Harmonic Patterns and market volume for Forex Market. By accessing to our MQL5 Blog,  you can download the Demo Version of the indicator. Try it before you buy ,without the Metatrader Tester restrictions.  :   Click Here Key Features Dynamic Support and Resistance Zones Automatic support and resistance Zones. Non repaint support and resistance Zones. Key Level Zones Bank leve
50 USD
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detecto
99 USD
PipFinite Trend PRO MT5
Karlo Wilson Vendiola
4.86 (624)
Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa
98 USD
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
280 USD
PipFinite Breakout EDGE MT5
Karlo Wilson Vendiola
4.83 (103)
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Important information here www.mql5.com/en/blogs/post/723208 The Reliable Expert Advisor Version Automate Breakout EDGE signals using "EA Breakout EDGE" Click Here Have access to the game changing strategy that will take your trading to the n
98 USD
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals 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. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
168 USD
Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Finds regular and hidden divergences Supports many well known oscillators Implements trading signals based on breakouts Displays suitable stop-loss and take-profit levels Configurable oscilla
299 USD
Weis Wave with Alert MT5
Panagiotis Diamantopoulos
5 (8)
** NEW PLUTUS SIGNALS and ALL IN ONE ** Plutus Long and Short trading signals added (for more infor visit    http://www.tradethevolumewaves.com   Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves ** IF YOU PURCHASE DO NOT FORGET TO CONTACT ME BECAUSE THERE IS MORE. Free, two hour, one to one webinar covering setup , methodology and Q&A on any lifetime purchase. How to trade with it:   ht
499 USD
Channels Indicator MT5
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
5 (1)
Channels indicator does not repaint as its based on projecting the falling and raising channels. As a trader you need a path to be able to place your buy and sell trades such as: Supply and Demand , Falling & raising channels. Falling and raising channels can be in any time frame and also can be in all time frames at the same time and the price always flows within these channels. Experienced trades will draw the key levels and channels around the time frames. But, they will not be able to draw
50 USD
MT4 Version Available Here:   https://www.mql5.com/en/market/product/43555 Telegram Channel & Group :  https://t.me/bluedigitsfx V.I.P Group Access:   Send Payment Proof to our Inbox Recommended Broker:   https://eb4.app/BDFXOsprey *All In One System Indicator, Breakthrough solution for any Newbie or Expert Trader! The BlueDigitsFx Easy 123 System makes it easy to identify important areas of market structure. It alerts you to changes in market structure which typically occur when a revers
50 USD
Pentagram MT5
Andrey Ziablytsev
5 (1)
Automatic marking of the chart with Pentagram models. This model is based on the Expansion Model from Adversa Tactics. Designed to determine the trend and predict possible levels and targets of price correction in the future. The model describes a developing trend. The trend is relevant until the price crosses the trend line of the model in the opposite direction. Levels of rays of the pentagram, level of HP, distances of 100% and 200% of the distance between points 1-4, levels of HP are possibl
300 USD
Breaking Pro MT5
Tais Miranda Hoffmann
5 (2)
80% discount for the next 10 buyers A indicator to show saturation in buying or selling With fast and complex mathematical calculations Easily find saturation points for buying or selling Can be used in all symbols and time frames with many signals Can be combined with different indicators and different time frames With simple settings and simple working methods Features: Can be used on all symbols Can be used in all time frames Can be used in all markets   (Forex, stock, etc.) Large numb
50 USD
Advanced Supply Demand MT5
Bernhard Schweigert
4.83 (6)
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher timeframe but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential of Advanced
128 USD
High Signals MT5
Tais Miranda Hoffmann
An indicator for receiving a lot of signals Can be used in all time frames and all markets Trade professionally  using professional indicators yourself . Using this indicator, you will have a signal at any time. Do not miss any market movement. Get the signal very simply and clearly. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- How it work:
125 USD
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
!!! CYBER MONDAY SALE - 25% OFF ALL INDICATORS !!! Normally $49 - $36.75 This Weekend! Ends Midnight Monday 29th November. This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs a
36.75 USD
The 'Volume by Price' indicator can visualize the complex relations between volume, price and time in easy to interpret forms to setup basic or advanced compositions. Features Volume Profile histogram, opacity-based background, area and line chart. Market Profile (Time Price Opportunity) expandable letter- and block-based marker structure, area and line chart. Initial Balance. Volume by Time histogram and bubble chart, and Volume Weighted Average Price. Comprehensive composition object position
150 USD
Bollinger Bands Triple Strategy Scanner is a simple, powerful, and effective solution for trading   breakouts,   reversals, and trend following!  This is a Multi-currency, Multi-timeframe, and Non-Repainting Scanner designed to provide you trading signals and save you hours analyzing the charts. Main Features: Advanced all in one scanner that automatically detects trading opportunities for breakouts, reversals, & trend following using the Bollinger Band indicator Easily identify if the prices
140 USD
FX Power MT5
Daniel Stein
4.24 (21)
You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Power   is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key Features Complete str
75 USD
Arielfx Wyckoff Wizard
Edward Charlton Jones
5 (4)
Telegram me https://t.me/ArielfxWyckoff How Does It Work? The Wyckoff Wizard uses Multi-timeframe analysis. In simpler terms, the indicator monitors 2 timeframes. A higher timeframe and a lower timeframe. The indicator determines the trend by analyzing order flow and structure on the higher timeframe(4 hour for instance). Once the trend and order flow have been determined the indicator then uses previous market structure and price action to accurately determine high probability reversal zone
75 USD
More from author
Spread and Swap monitor
Gennadiy Stanilevych
5 (1)
The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency. The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In ad
30 USD
Recognizer 1 2 3 Patterns
Gennadiy Stanilevych
4.43 (21)
The indicator is intended for recognition and marking 1-2-3 buy and sell patterns on a chart. The indicator will help a trade to determine the starting and signal fractals, and to specify the possible entry points on all timeframes in МetaTrader 5. Fibonacci lines are drawn on the chart to indicate supposed targets of moving on the basis of the wave theory. The 1-2-3 formations appear to be especially important as divergences (convergences) are formed on price tops and bottoms. The indicator has
FREE
Stairway
Gennadiy Stanilevych
4.75 (4)
The multi-timeframe indicator of the levels of the Pivot Points. Every closed daily period has its own so-called reference point - Pivot Point, which sets the levels for smaller intraday timeframes for the following day. The Pivot Points indicators existing in the codes have no method of showing the dynamics of the pivot point changes on the historical data of the price chart. Pivot Point calculation formula. Pivot=(High + Low + Close) /3 High — the maximum of the previous day; Low — the minimum
FREE
Ticks meter
Gennadiy Stanilevych
5 (1)
This product is similar to Tick volume analizer Expert Advisor, however it is implemented as an indicator. Release of this product is stipulated by the fact, that it is not possible to run two EAs in the same window.  Tick volume is equal to amount of ticks at the unit of time. There is direct correlation between tick volume and real amount of deals. Every change of the price is a result of a real request to perform a deal. Consequently, fewer requests we have, the less price changes we get, and
FREE
The standard Bollinger Bands indicator has been improved by integrating additional indications from the Standard Deviation indicator (StdDev), which gives an additional filter for confirming trading signals. In addition, the color of the indicator's lines shows the beginning of a trend, its development and exhaustion. This indicator has a signal block that notifies the trader of the beginning of the trend on any time frame to which it is attached. Settings Type of messages - select the type of
FREE
Virtual pending buy stop order
Gennadiy Stanilevych
1 (1)
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels. Main Purposes Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in case
FREE
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop" , since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels. Main Purposes: Automation of the process of placing the Sell Stop pending orders, Stop Losses and Take
FREE
Stop close only orders
Gennadiy Stanilevych
3 (2)
The script is intended for placing pending orders of the Stop Close Only type. This type of orders implies entering a long position if the price closes above a specified level, and opening a short position if the price closes below a level specified by the trader. Most often this type of orders is used for opening deals when the price exits a horizontal channel. The settings of the script Stop Close Only allow placing directional and multidirectional orders with take profits and stop losses. The
FREE
Trading Chaos Expert Demo
Gennadiy Stanilevych
4.5 (6)
Trading Chaos Expert Demo is a demo version of the Trading Chaos Expert . Demo version of Panel-expert allows trader to learn the possibilities and algorithm of Trading Chaos Expert work. This will help you to learn how to work with the Expert Advisor without risk on a demo account instead of the strategy tester. In demo version: only one currency pair is used (first specified in settings); you can only use M4, M30 and H12 timeframes (even if you specify another); all positions are opened with a
FREE
Slider profy
Gennadiy Stanilevych
The idea of ​​enhancing the free Slider utility appeared after the release of a lite version of the EA trade panel Trading Chaos Expert Lite , which operates in the Current Chart mode without the possibility to maintain trades of several symbols in a single window. The purpose of Slider profy Ease search for trading signals by automatic display of charts of currency pairs from the "Market Watch" one by one at a specified interval of time in seconds. Automation of one-click placing of pending ord
FREE
Slider
Gennadiy Stanilevych
This is a utility created to ease charts watching on tablet PCs. The indicator allows you automatically alternately display "slide show" of all currency charts from "MarketWatch". The user can set the display time interval (in seconds) between charts in indicator settings. In addition, there is an option of selecting the angle of Start/Stop button which starts and stops the display of charts. This function is very useful if a trader noticed a trading signal and would like to study it in more det
FREE
Modified Awesome Oscillator
Gennadiy Stanilevych
5 (1)
The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions". The indicator detects and marks the following trade signals: "Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer". The indicator includes a signal block that inf
30 USD
The main purpose of the indicator is to determine and mark trade signals on the histogram of the Accelerator Oscillator, which were described by Bill Williams in his book "New Trading Dimensions". The list of signals: The buy signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is above the zero line. The buy signal when the indicator histogram is above the zero line.  The buy
30 USD
Trading Chaos Chart
Gennadiy Stanilevych
5 (1)
The main purpose of the indicator is to detect and mark on a chart the following trade signals described in "Trading Chaos (2-nd edition)": Bullish and bearish divergence bars with angulation (including squat). Bars in the red and in the green zones according to the color of the Awesome Oscillator histogram. Squat bars on the chart independent of the color of the Awesome Oscillator histogram. Levels of "important" fractals relative to the "Teeth line" of the Alligator indicator. Drawing angulati
60 USD
Trading Chaos Expert
Gennadiy Stanilevych
5 (9)
This software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs. Interacting with additional signal indicators that mark the chart to give a real mark
1 295 USD
Auto Format
Gennadiy Stanilevych
This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5. It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes th
30 USD
Trading Chaos Expert Lite
Gennadiy Stanilevych
5 (1)
Trading Chaos Expert Lite is a light version of Trading Chaos Expert. In the Lite version it is not possible to receive the table of trading signals, automatically place pending orders based on them and maintain open positions for multiple symbols at the same time in one window. Only the Current Chart mode is available. In all other features the panel is fully consistent with the basic version of the Expert Advisor. This is, rather, a well thought out trader's assistant which is not easy to do w
250 USD
Purpose and functions of the indicator The indicator determines and marks the moments of trend change on the chart based on the theory of fractal levels breakout on any of the analyzed timeframes. If a breakout based on all rules is valid, a horizontal line with corresponding color will appear on the chart. If there is an uptrend, the line will be blue. In the descending trend, the line will be red. The blue line is a strong support level, the trader should look for buying opportunities above th
30 USD
Alligator modified
Gennadiy Stanilevych
5 (3)
The indicator has standard settings. The new modification of indicator provides special marking of the segment when the moving averages begin to form a cross in one direction or another. The Alligator`s cross indicates that the trend is about to change. Modified Alligator helps traders to determine a trend on a particular timeframe even if the averages are intertwined and have a shift in the future. Direction of a trend is determined by a cross of the averages with a specified marking area on th
30 USD
Fifth dimension
Gennadiy Stanilevych
5 (1)
The indicator looks for the "Fifth dimension" trade signals and marks them on the chart. A detailed description of the chart patterns that generate the trade signals can be found in Chapter 8 "The Balance Line Trades" in the book Williams' "New Trading Dimensions". Signal levels with indication of the position entry or stop loss placement price are indicated directly on the chart. This feature creates additional convenience for the trader when placing pending orders. A solid horizontal line is d
30 USD
Filter:
luke styles
170
luke styles 2018.01.10 13:24 
 

good indicator

Oleksii Stanilevych
591
Oleksii Stanilevych 2017.06.23 09:12 
 

User didn't leave any comment to the rating

Reply to review
Version 7.5 2021.11.21
Компиляция индикатора в новой версии МТ5 эдитора по рекомендации администрации MQL5.
Version 7.3 2021.07.17
Обновление кода под новые возможности МТ5.
Version 7.2 2019.10.24
В настройках индикатора добавлен параметр ArrowShift, который настраивает расположение стрелки возле свечи формирующей екстремум. По умолчанию установлен параметр 13. Увеличение числа отодвигает стрелку от экстремума.
Version 7.1 2019.03.18
Индикатор оптимизирован для работы с 2009 версией терминала МТ5 и выше.
Version 6.40 2016.08.03
Improved quality of the trading signal by using an additional filter.
Version 6.35 2016.06.16
Improved method of determining the formations of local extremums and the beginning of direct impulse price movement.
Version 6.25 2016.01.19
Improved the quality of searching for push signals.
Version 6.23 2015.12.16
Improvements in local lows and highs search. Extension of push-signals library.