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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--------------Welcome to use [MQL5 Signal Analyze Master]------------------  Function: Draw order tracks of MQL5 MT4 and MT5 signal on MT4 chart. [Using guide] 1.Use it as Experts. 2.Download history record from MQL5 signal(MT4 signal or MT5 signal).  3.Paste history record file below "MQL4/Files/" 4.Load [Signal Analyze Master] on the symbol chart what you want to analyze. 5.Paste the history record file name to parameter 'FileName' 6.Select  SignalType  match the history you download on MT4
ChannelKing is an intelligent channel identification indicator. According to the high and low points formed by price fluctuations, combined with linear regression algorithm to get the approximate range of market fluctuations, it can give traders a good help in trend judgment and search for advantageous positions. Indicator characteristics: 1. The index uses linear regression to calculate the trend line, which is more relevant than the ordinary high and low point line drawing trend line. 2. The
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
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Vaithianathan Sreeram
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Vaithianathan Sreeram 2019.07.17 02:19 
 

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

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