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KT Power Pennant MT4

KT Power Pennant finds and marks the famous pennant pattern on the chart. A pennant is a trend continuation pattern with a significant price movement in one direction, followed by a period of consolidation with converging trend-lines.

Once a pennant pattern is formed, a buy/sell signal is provided using a bullish or bearish breakout after the pattern formation.

MT5 Version is available here https://www.mql5.com/en/market/product/44714


Features

  • Pennant patterns provide a low-risk entry after a period of consolidation, followed by a breakout.
  • When combined with other methods of technical analysis, the signals provided by KT Power Pennant can be advantageous.
  • Consolidation period with lower volume followed by a breakout with increasing volumes provides a high chance of price continuation in trend direction.
  • All Metatrader alerts implemented. 

Input Parameters

  • History Bars:  The number of bars to find historical pennant patterns.
  • Pattern Magnitude: An integer value that decides the pennant pattern magnitude and size.
  • Pattern Formation Color: The color of trend-lines that form the pattern.
  • Pattern Formation Width: The width of trend-lines that from the pattern.
  • The rest of the inputs are self explanatory.
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CS Info [Currency Strength Information] CS Info is the real-time MTF calculation of 28 symbols for the strength of 8 currencies - AUD, CAD, CHF, EUR, GBP, JPY, NZD and USD.  It analyses the trend or momentum/strength  of all 8 currencies to determine high probability currency combinations  and trading opportunities. Key Features Real-time multi-timeframe calculation from 28 symbols for strength of 8 currencies 4 calculation sets [Multi-timeframe/Many candles] Time frame Candle count Easy to
70 USD
Eurusd Intermarket Matrix Indicator
Eurusd Intermarket Matrix Indicator
GEORGIOS VERGAKIS
This indicator is the solution to much of the EURUSD's trading patterns. It's an improvement of the original set of data, but with an entirely new algorithm based on the Blueline. Total development and research time was more than 2 years!! It analyzes EURUSD's movement into real or false movement, if the move is false the indicator will give an alert for the real underlying trend. By knowing false moves we can buy dips as the market falls, or sell rallies as the market rallies, the market will t
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Blahtech Supply Demand
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
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