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Citra Bot

89 USD

Demo downloaded: 148

Published: 28 December 2019

Current version: 3.10

Citra Bot

Name: Citra Bot
Price: 89.00 USD
Rating: 4 (1 reviews)
Author: Philip Pankaj Suthagar

Indicators
Philip Pankaj Suthagar
Version: 3.10
Updated: 20 September 2023
Activations: 5

Inspired from,

Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. -William Delbert Gann

CITRA BOT is a Price Action/Price Pattern detection Indicator which uses historical data to validate a current pattern or profile to predict the probability of hitting future resistance or support levels.

Advantage of using CITRA BOT:

*Self Learning Algorithm.

*Faster and Superior than any other Machine Learning Models like Neural Networks,Regressions,SVM,Decision tree,Random Forest etc.

*Faster response rate on switching TimeFrame.

*Precision based Profile detection Controls Noise allocation based on user requirements

*Custom Precision Percentage.

*Custom Email,Push Notification Alerts.

Caution: It's not HolyGrail System,It's a tool to give you insight of current market structure.The decision to trade is made only with combination of economical understanding of underlying instrument with economic indicators and economic news.

General Doubt / Mistake - Case 1: https://www.mql5.com/en/blogs/post/732478

Reversal Trading Strategy : https://www.mql5.com/en/blogs/post/738104

H1 Preset: https://c.mql5.com/31/489/citra_mt4.zip

Recommended TimeFrame:

M30 and Above.

Major features considered in Profile detection are

*Strength of the profile with respect to adjacent close price.

*Profile dimension.

*Future Resistance and Support.

*Tops and Bottoms with respect to time.

*Slope of profile.

*Deviation of profile.

Details on Important Input Parameters:

*LookBack_Period = No. of Bars to look in historical memory for exact Profile.

Note:Download Required Historical Data as per LookBack Period.

*Profile_Period = No. of recent Bars to consider for a Profile.

*Resistance_pips= pips to set future Resistance level from current Close Price.

*Support_pips= pips to set future Support level from current Close Price.

*Profile_Precision= % of exact match of recent profile with respect to detected profiles.

*Alert_BUY_Above=It’s the Buy Probability alert percentage.

*Alert_SELL_Above=It’s the Sell Probability alert percentage.

*Alert_Profile_Detected=Alert on exceeding No. Of profile detected.

*x_axis,y_axis = Positioning of Display Dashboard on Chart.

Probability Calculation:

Buy Probability = ( Resistance Hit / (Resistance Hit+Support Hit) ) *100.

Sell Probability = ( Support Hit / (Resistance Hit +Support Hit) ) *100.

Trade Setup:

Buy = Up Arrow Popup -Set TP at Resistance Level , SL at Support Level.

Sell = Downl Arrow Popup -Set TP at Support Level , SL at Resistance Level.

Thank you.

more...

816

Yusuf Hamzah 2023.11.19 07:28 #

It is a historical pattern recognition matcher. Like RSI Decoder, it would be great if size of the font and box can be changed to fit user preference. As it is, it takes too much space on the chart.

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Introducing RSI DECODER "Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time." - William Delbert Gann Caution: RSI DECODER is not a Holy Grail System. It is a tool designed to give you insight into the current market structure. Trading decisions should be made in combination with an economi

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Term "shark" in the business world denotes a high volume investor who just made a good investment in a highly Potential business deal.So, sharks are the ones who make the market move. In our case, if an American shark bought a Japanese company, he/she has to convert American dollars into Japanese yen to make the deal. So, the demand for the Japanese yen will increase sharply. Thus USD/JPY will go short rapidly if the deal was from the shark. Another example, In the case of forex, if fed increa

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Heikin-Ashi charts , developed by Munehisa Homma in the 1700s. Munehisa Honma was a rice merchant from Sakata, Japan who traded in the Dojima Rice market in Osaka during the Tokugawa Shogunate. He is considered to be the father of the candlestick chart. Th e man who invented the use of candlestick charts for finding and profiting from chart patterns.He was a billionaire trader on those days if we compared his net-worth with todays dollar . Heikin Ashi Scanner is an Multi-Currency and Multi

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The AI That Puts You Ahead of the Market You're Losing Trades – And It’s Not Your Fault. The market is ruthless. You analyze charts, test strategies, follow indicators—yet profits slip through your fingers. Why? Because traditional trading forces you to guess. What if you didn’t have to? Most strategies are based on hope, not proof. You wouldn’t gamble your money in a casino, so why trade without statistical certainty? TRADE EXTRACTOR Changes Everything. This is not just an indicator. It’s

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EURUSD DECODER EA is a fully automated mid-term, medium-risk expert advisor. Adaptive price pattern analysis is used to identify potential trade entries and exit. The EA does not use any unfair money management practices like grid and martingale. Each position includes a stop loss and all open positions are monitored by an advanced loss control algorithm, which decides when to close profit and when to accept loss. Before you buy all of my product please be aware of the risks involved: 1) Pl

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Inspired from, Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. -William Delbert Gann Caution: It's not HolyGrail System, It's a tool to give you insight of current market structure. The decision to trade is made only with combination of economical understanding of underlying instru

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Owl Craft Pro is a powerful scalping strategy that employs a smart entry and exit algorithm as well as sophisticated filtering algorithms to discover just the safest entry points during market calms. This approach is designed to provide long-term, consistent growth. It is a professional tool that incorporates all of the latest trading advancements. There's nothing fancy about this, no Holy Grail testing, no "risk-free martingale," just a rigid rule-based method to trading that allows you to maxi

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Yusuf Hamzah 2023.11.19 07:28 #

It is a historical pattern recognition matcher. Like RSI Decoder, it would be great if size of the font and box can be changed to fit user preference. As it is, it takes too much space on the chart.

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Seyed Mani Ashraf Pour Shoshtar 2023.08.10 06:27 #

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Reply from developer Philip Pankaj Suthagar 2023.09.20 16:55 #

Hi sir, I have given oscillator for finding the entries in history and nothing is repainting here. You have to keep note of tp and sl. Thanks Version 3.0: Signal verification in history feature added

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Suresh Patil 2023.08.05 07:54 #

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Reply from developer Philip Pankaj Suthagar 2023.08.10 07:38 #

Thanks for your kind words Suresh

amayr 2023.05.30 21:05 #

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Reply from developer Philip Pankaj Suthagar 2023.05.30 21:41 #

Thank you Amayr. Happy Trading !