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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Indicators
The Mechanism Trend indicator is a hybrid indicator that shows the moments for entering the market with arrows. This indicator was created on the basis of the original indicators for searching for extreme points, the indicator is well suited for determining a reversal or a large sharp jerk to one side. When the trend changes, the Mechanism Trend indicator uses color signaling: green - when changing from a downtrend to an uptrend, and red - vice versa, to a downtrend. You can use the indicator
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Roman Podpora
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Indicators
TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
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This multi-timeframe indicator continues the traditions of Giant on the MT5 platform. It is based on author's indicators that collect signals from different charts. Very often, the price starts moving in the specified direction in a few minutes. Frequent repetition of signals in one direction indicates a prevailing trend.  The signals for the trader are arrows on the chart and alerts. Everything is set up for trading. You only need to specify the desired currency pair. It is recommended to set
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Aravind Kolanupaka
10319
Aravind Kolanupaka 2022.03.21 15:42 
 

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Artem Konkov
3244
Reply from developer Artem Konkov 2022.03.26 09:21
Вы правы, этот бесплатный индикатор далёк от совершенства. Даже если вы предпочитаете бесплатные индикаторы, нужно иметь несколько, чтобы составить из них торговую систему. Но я советую вам попробовать Giant Attention. Я установил на него минимальную цену. Установите его на графики M15, H1. Нужно дождаться появления уровня (яркая линия). Цена должна оттолкнуться от уровня в сторону большого тренда. При этом уровень стохастика H1 должен быть на краю. Желательна также дивергенция или обратная дивергенция. Даже эта простая стратегия хорошо себя показала.
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