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Trend Semaphore Indicator

TSI - Trend Semaphore Indicator

  • Work tool developed to display the force of movement.
  • This tool was developed for Trend Following strategies.
  • Recommended for all types of traders.
  • Can be used in any instrument and market.
  • Can be used in any period of time.
  • Trend indication using multicolored candles.


New trend

A new trend is signaled by the changing colors on the chart's candles.

The indicator indicates the upward trend with the green color, the downward trend by the red color and weak movements like congestion / consolidation in the yellow color.

This indicator does not repaint the signals.


Trend Aggression

Indicates that there is strength in the direction of the signaled trend.

It is signaled by the color of the candles, when it turns red indicates aggression in the downward tendency, and when it turns green it indicates aggression in the upward tendency.


Tendency weakening

This indicates that there is loss of strength in the direction of the tendency marked with aggression.

It is marked by the change in the color of the candles, when it turns yellow indicates loss of strength in the downward tendency or loss of force in the upward tendency.

Loss of strength is only identified after the trend has been confirmed with aggression, changing from green or red to yellow.


Trading with the Indicator

Trading with the indicator is a personal decision, and every trader has a particular way of doing it.

The most important thing is to respect the colors. It is important to protect the deals whenever the yellow color appears, placing the stop loss where you want, according to your risk profile.


Trend Semaphore Indicator Settings

Explanation of options A, B, C and D.

Each of these options, if enabled, will allow the price to be analyzed. If there is strength or weakness present, based on the use of one or more options, the indicator will paint the candles.

The rules of each option are based on strength and trend indicators.

  • settings - Settings of Trend Semaphore Indicator:
  • period_candles: current
  • info_options = Enable or disable to build the strategy.
  • Use Option_A = true
  • Use Option_B = true
  • Use Option_C = true
  • Use Option_D = true


Final considerations

If you want to use various combinations of options A, B, C or D, simply enable or disable the options desired.

It is important to understand that the most liquid assets have trend cycles.

  1. It starts a trend and at some point there is aggression against or in the direction of the trend.
  2. Loss of strength in the trend
  3. It starts a new trend and at some point there is aggression against or in the direction of the trend.

We recommend using this indicator on liquid instruments with moderate or high volatility.

The color of the candles is not based on whether the candle is positive or negative.

The indicator shows in color the direction and strength of the trend of the traded instrument, based on the calculations of the indicators used in it.

A tall candle may be represented in yellow or red.

It may occur from a low candle being represented in yellow or green.

It is important to understand that there may be times when the indicator will not show signs completely in line with market conditions.

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This tool was developed to help traders on candle by candle and replay training. In the indicator settings, the user can set the training start datetime. The indicator will autommatically hide all candles after this datetime. So the user can make studies before starting the training. Starting the training, the user can simulate your trades quickly and easily! This is a product developed by Renato Fiche Junior and available to all MetaTrader 5 users! Partners: "Águia Traders"  team ( Eagle Tr
70 USD
Pinbar Scanner For Multi Pair And Multi Time Frame
Pinbar Scanner For Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT5)  Pinbar Scanner For Multi Pair and Multi Time Frame :   This indicator has been designed to automatically identify high probability pinbar formations. It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found. IMPORTANT FACTORS TO KEEP IN MIND: A strong pinbar is clear evidence that the institutions are rejecting a particular price level.  These price levels are excellent areas to determine potential entries and exi
79 USD
ACB Trade Filter MT5
ACB Trade Filter MT5
KEENBASE SOFTWARE SOLUTIONS
ACB Trade Filter indicator provides a way to filtering out the low probability trading entries in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. The MT4 version of the same indicator is available here ACB Trade Filter MT4 Applications Works great with our indicator ACB Breakout Arrows MT5 Filter out low probability signals from any indicator. Avoid over-trading and minimize the losses. Trade in the direction of market sentim
60 USD
Advanced Supply Demand MT5
Advanced Supply Demand MT5
Bernhard Schweigert
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
128 USD
PipTick Pairs Spread MT5
PipTick Pairs Spread MT5
Michal Jurnik
PipTick Pairs Spread indicator has been developed for the very popular strategy known as pairs trading, spread trading or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, any trader can easily identify when the instruments are too far apart and use this information for trade opportunity. How to Use? The best results are obtained when the trade is
67 USD
Citra Bot MT5
Citra Bot MT5
Philip Pankaj
Inspired from, Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. - William Delbert Gann CITRA BOT is a Price Action/Price Pattern detection Indicator which uses historical data to validate a current pattern or profile to predict the probability of hitting future resistance or support lev
89 USD
HLines
HLines
Samuel James
Imagine having an indicator that can calculate and place the strongest levels of support and resistance  as soon as you open your chart, for any timeframe, on any market. This was the goal we had when starting development for HLines, and after two years of intensive development and testing, we have successfully achieved this goal. "HLines is the most sophisticated support and resistance indicator on the market" This indicator will save you a heck of a lot of time: You will no lon
194.99 USD
TakePropips Donchian Trend Pro MT5
TakePropips Donchian Trend Pro MT5
Eric John Pajarillaga Aldana
TakePropips Donchian Trend Pro  is a powerful and effective tool that automatically detects the direction of the trend and provide you an entry and exit signals.  This multi-function indicator includes the    Donchian Channel   , Statistical Dashboard Panel, and a Trend-Detection Scanner.  It is designed to provide you trading signals and save you hours analyzing the charts! Main Features: Automated Entry and Exit Signals   - detects buy & sell opportunities and provides you with up to 3 take
55 USD
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Version 2.0 2020.04.22
Compiled by Build 2361.