Market / MetaTrader 4 / Indicators /

Ross Hook Indicator

30 USD

Demo downloaded: 209

Published: 27 August 2018

Current version: 3.0

Ross Hook Indicator

Indicators
Andrea Ferrari
Andrea Ferrari
CEO at BacktestMarket.com

Italy

625
5 (1)
I have been studying economics and statistical behaviors since I was 18. During the last year I met Cesare, a really good trader and a friend. We started working hard and by studying MQL4 programming finally came up to a strong statistical strategy.

2 products 3 topics 3 comments
Version: 3.0
Activations: 5

Ross Hook is a price pattern indicator that help traders to forecast market inversions.

The activation of the pattern could identify turning points by finding the breakout SR levels or technical analysis figures like triangles, rectangles or head and shoulder.

The Indicator runs in all Brokers using Metatrader 4 platform and can be used in an Expert Advisor or as a support of manual trading.

This indicator is composed by the OnChart and OnWindow parts:

OnChart: Draws the points 1, 2 and 3 to visualize the pattern.
OnWindow: 4 buffers to read the pattern:

Buffer 0:
0 no signal
-1 bearish signal
+1 bullish signal
Buffer 1: Price of the point 1 (useful to place the stop loss)
Buffer 2: Price of the point 2 (the level of the activation of the pattern)
Buffer 3: Price of the point 3. (alternative stop loss)

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Ross Hook Indicator

Andrea Ferrari

This indicator is composed by the OnChart and OnWindow parts: