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Konkov

This indicator helps the trader to make the final decision. When you have already decided in which direction the price will unfold, it remains as accurate as possible to determine the reversal itself. This is the task performed by the Konkov indicator.

The indicator is installed on M1 and M5 charts.

                                                                                                                          Indicator parameters:

for M1 chart

  • time_frame1                  5
  • time_frame2                  5
  • time_frame3                  5
  • time_frame4                  1
  • EMA_Timeframe             0
  • MACD_Timeframe           0
  • Stochastic_Timeframe    0

for M5 chart

  • time_frame1                  15
  • time_frame2                  15
  • time_frame3                  15
  • time_frame4                   1
  • EMA_Timeframe              1
  • MACD_Timeframe            1
  • Stochastic_Timeframe     0

Other parameters are unchanged.

                                                                                                                         Proper use of the indicator

Set the indicator on the charts so that both charts are visible at the same time. The signal of the indicator is black vertical bars, as in the screenshot. To make them clearly visible, select a light background in the chart settings. Bands on both charts will be a reliable signal. It is desirable that there was a divergence.

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️️️️️ 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 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
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Bermaui Deviation Percent
Bermaui Deviation Percent
Muhammad Elbermawi
Or ( BD% ) which is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on the Classic Standard Deviation (CSD) that moves between 0 and 100 percent. You can use BD% to compare volatility for the same security in different time periods or different time-frames. In addition, you can use BD% to compare volatility between different securities in different markets in terms of percent rather than points. The idea behind th
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PipFinite Exit EDGE
PipFinite Exit EDGE
Karlo Wilson Vendiola
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
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Currency Strength Matrix
Currency Strength Matrix
Raymond Gilmour
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
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ATR Arrows MTF
ATR Arrows MTF
Yuriy Shatsckiy
The ATR Arrows MTF indicator is built based on the Average True Range (ATR). It provides entry signals as arrows. All signals are generated at the current bar. Signals do not redraw! All signals in MTF mode correspond to the signals of the period specified in the MTF. It is very easy to use both for trading based on one indicator and for use in your trading systems. The indicator timeframe can be set independently of the main window, so you can combine several indicators in one window. To test t
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This trend Advisor is conservative in every sense. It is similar to the E79U EA, but has important differences. First, its algorithm selects signals more flexibly and rigidly. This allows you to increase the lot for trading. Secondly, the author's settings are initially conservative. And most importantly, this EA does not accept a small stop loss. Signals are opened not often and very selectively. He will not make a profit if he loses on the stops. I did not completely remove the stop los
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I present an effective tool for determining the reversal on the H4 timeframe. The indicator is installed on the M30 chart. All parameters are already set.                                                                                                          Proper use of the indicator: Unfortunately, the test in the tester will not give a correct idea about the indicator, so the rent for one month is as affordable as possible. You do not need to install the file on a remote server. Install it
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This trend Advisor is based on Alexander elder's multi-timeframe strategy. Automatic Advisor "Elvis79" royally strict, reliable and chic. It is optimized for the USDZAR currency pair. With the author's settings is set to the timeframe H4. At the same time, the EA trades at the level of the daily timeframe, that is, it holds the trade for several days. The EA uses a sophisticated trading system "Giant". His whole concept is directed against the risky and irresponsible policies. Before trading o
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Elvis A
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The indicator "Elvis A" is designed for a very strict determination of the reversal. With the author's settings, it is installed on the D1 chart. It will skip many signals and choose only the most reliable ones. Therefore, it is better to set it on several currency pairs. The screenshot shows an example of this indicator in the form of an expert Advisor on a currency pair with a very large spread.
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Automatic trading system. It includes three very strict algorithms for finding a reversal on large timeframes. It is installed on any timeframe, but for the quality indicators of the visual panel, it is better to set it to H4, you can set it to H1. Optimized for the USDZAR currency pair. In addition to the usual settings, it is possible to limit trading by day. If the days 1-31 are set, the EA will trade every day. The Expert Advisor trades by itself, but it is more profitable to use it as
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Automatic trading system. This trend adviser will make a good company for your older brother. Optimized for the USDZAR currency pair. This Expert Advisor is also designed for trading on large timeframes. Both Expert Advisors showed a large percentage of winning trades, but they are better perceived as trading systems. For more profitable trading, in addition to the main signal, the Expert Advisors have a visual signal panel. It is displayed on the right side of the chart. If most of the cubes o
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