Feibo Trender

The Feibo Trender is a trend tracking indicator based on the Feibo section calculation.

1.The price is in an upward trend and candles turn blue.The price is in a downward trend and candles turn red.

2.The segmented areas of the channel are identified by lines of different colors that can as support or pressure reference locations.

3.The price broke through the yellow line, which marked the trend reversal.

The indicator parameters can be customized and the settings are simple.
If you have any question, please consult me through MQL5 and I am happy to help you.


More EA and Indicators from author https://www.mql5.com/en/users/chenshaofei/seller

Parameters:

Period - the channel period

Support1 - support level 1 callback ratio

Support2 - support level 2 callback ratio

Support3 - support level 3 callback ratio

Reserve - trend reversal callback ratio

Downcolor - down trend  candle color

Upcolor - uptrend candle color


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TradeCopy is an efficient MT4, MT5 trade copy software,using as EA on MT4 real account. You can download the Demo unlimit version to test on Demo account: Trade Copy MT4 Demo Free Trade Copy MT5 Demo Free Features: 1.Can achieve cross-MT4 and MT5 trade copy . 2. The Sender and the receiver are in the same file, which is convenient to use. 3.Can achieve cross-broker trade copy. 4.More trade copy style, you can copy by balance,equity, lot ratio or fixed lot . 5.Can enlarge or reduce the amount o
WaveKing EA Live signal https://www.mql5.com/en/signals/2203414 Instructions for use: Usage requirements Instructions  Symbol  GBPCAD, EURSGD  Period  M1  Platform  ICMarkets  RAW  Latency   No requirement, of course it would be better within 50ms  Blance  >50 USD  Martingle NO,1 order max parameter settings: Parameter name Setting instructions Lots= 0.01 default is 0.01, recommended is 0.01 for 100 US dollars, 0.05 for 500 US dollars, and so on SL= 800 stop loss points Magic
Trade Copy MT5
Shao Chen
4 (2)
TradeCopy  is an efficient MT4, MT5 trade copy software,using as EA on MT4 real account. You can download the Demo unlimit version to test on Demo account: Trade Copy MT4 Demo Free Trade Copy MT5 Demo Free Features: 1.Can achieve  cross-MT4 and MT5 trade copy . 2. The Sender and the receiver are in the same file, which is convenient to use. 3.Can achieve cross-broker trade copy. 4.More trade copy style,  you can copy by balance,equity, lot ratio or fixed lot . 5.Can enlarge or reduce the amoun
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Vaithianathan Sreeram
2972
Vaithianathan Sreeram 2019.07.17 02:19 
 

Seeing the indicator for a month, need some settings to avoid false entries.

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