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FXtraderariel Indicator

This is the FXTraderariel-Indicator. It scans the market for opportunities and creates a buy or sell signal. Depending on the settings and trading style, it can be used for scalping or long-term trading. The indicator can be used on every time frame, but we advise to use it on H1, H4 and D1. Especially if you are a novice trader. Pro Traders can also you use it for scalping in smaller timeframes (M1, M5 and M15). This indicator is not a complete trading system. It doesn't give you exit points nor should every Signal be traded. Trades should be watched closely.

You have two options for the timing of the signals. You can either decide to get the signals immediately (Closed-Bar = 0) or wait for confirmation of the closed candle (Closed-Bar = 1). Both options have risks, but we advise to use Closed-Bar = 1.

The standard settings are optimized for USDJPY - H4. For other settings, check out the comments. We are always working on new setups. If you have any questions, please do not hesitate to contact us. The indicator does not repaint or cheat in any way.

For Details please contact me here or on instagram.

Explanation of Parameters

  • Value_1: This value should be between 6 and 20 (If you want to have less, but more powerful signals, use a higher value)
  • Value_2: This value should be between 5 and 19 (It should be smaller than Value_1)
  • Value_3: Set the threshold for a Sell Signal. Should be between -200 (no filter) and 200 (only high strength signals)
  • Value_4: Sets the threshold for a Buy Signal. Should be between 200 (no filter) and -200 (only high strength signals)
  • Shift: This value sets the amount of bars to use for confirmation. (The best value is at 5, but at a smaller timeframes you want to use 1-2 bars to get cleaner signals)
  • Alert_Only_On_Signal-Change: Only gives you one (sell or buy) signal until the opposite occurs. (Recommend to leave at true)
  • Closed-Bar: Wait for confirmation at a closed candle bar (1). To get immediately a signal without confirmation use 0.
  • enable_alert: Send alert in Metatrader4 terminal
  • enable_mobile: Send push alerts a to mobile Metatrader4 app.
!!!!!!!!!! IF YOU HAVE ANY PROBLEMS INSTALLING THE INDICATOR, PLEASE CONTACT US. WE ARE HAPPY TO HELP AND SOLVE EVERY PROBLEM !!!!!!!!!!
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Before reading the description of this indicator, I just want to introduce to you following concept * MOVING AVERAGE LINE - Typical moving average which is based on one chart alone. * CURRENCY STRENGTH LINE - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the REAL MOVING AVERAGE LINE. Moving Average indeed is one of the most popular indicator which almost every trader use. It can clearly give us where the trend of a pair is going. But the fact s
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Naked Forex Kangaroo Tail
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail 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 MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
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CustomPatterns
Juergen Arp
Custom Patterns helps you to make constant trading more convenient in order to make profit on the market. This indicator harmonically identifies price movements and makes them visible by showing them dot per dot. Due to the possibility to input the minimum and maximum retracement, you can define your own rule set for the moment of entry, setting of stop loss and take profit. This indicator recognizes all usual formations like: Bat Cypher Gartley Butterfly Crab 5-0 AB-CD Threedrive In addition, y
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