• Overview
  • Reviews (6)
  • Comments (33)
  • What's new

PZ Day Trading MT5

2.6

This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Amazingly easy to trade
  • It provides value on every timeframe
  • It displays suitable SL and TP levels
  • It implements self-analysis statistics
  • It implements email/sound/visual alerts

Based on breakouts and congestion zones of variable lengths, the indicator uses only price action to pick trades and reacts to what the market is doing very fast.

  • The potential profit of past signals is displayed
  • The indicator analyzes its own quality and performance
  • Losing breakouts are highlighted and accounted for
  • The indicator is non-backpainting and non-repainting

This indicator will help intraday traders not to miss a single price reversal. However, not all price reversals are created equal nor have the same actionable quality. Deciding which breakouts to trade and which to ignore depends on the good judgement of the trader.


How to interpret the stats

The indicator studies the quality of its own signals and plots the relative information on the chart. Every trade is analyzed and the overall historic results displayed at the top-left corner of the chart, which allows you to optimize the indicator parameters by yourself, for any given instrument and timeframe. Each instrument and timeframe will have its own optimal settings, which you can find by yourself.

  • Maximum Favorable Excursion: The MFE is the best possible outcome for any given trade.
  • Maximum Adverse Excursion: The MAE is the worst possible outcome for any given trade.
  • Average Absolute Expectancy: The AAE is the absolute excursion you can expect for any given trade, obtained by subtracting the MAE from the MFE, which reflects the true quality of the entry strategy. In other words, the entry strategy is measured by the relationship between the average best possible outcome and the average worst possible outcome for all the trades displayed.
  • Losing Trades: Looking at the losing trades in the chart will help you to avoid losing patterns in the future.

The indicator displays the best possible outcome and the worst possible outcome for every trade using two dotted lines and two price labels, and account every single one of them into the statistics you can find at the top-left corner of the chart. You can use those statistics to optimize the indicator parameters by yourself, for any given instrument and timeframe.

Input Parameters

  • Range: The range is the minimum amount of bars broken to consider a breakout valid and draw a signal. As you go down in timeframes, you need to increase this parameter. For example, to trade monthly charts a range of five is good, but to trade H1 charts you would need a range of at least 20-25 bars.
  • Filter: The function of the filter is to separate alternative signals from each other, using a donchian channel and a multiplier of the price range it creates. A higher filter will decrease the amount of signals in the chart but, in average, increase the maximum favorable excursion.
  • Max History Bars: The amount of past bars to evaluate when the indicator loads. Decrease this value to speed up loading of the indicator.
  • Dashboard: Enable or disable the multi-timeframe dashboard widget.
  • Statistics: Enable or disable the statistics widget. Use the stats to find the best parameters for each symbol and timeframe. Incrementally change the input parameters of the indicator until you find the higher accuracy and expectancy possible.
  • Display boxes: Display or hide the colored boxes around the breakout price range.
  • Fill boxes: Choose wether the inside of the breakout box is filled with color.
  • Trade Analysis: Enable or disable the individual trade analysis in the chart.
  • Alerts: Enable display/email/push/sound alerts for breakouts.

Support and questions

Use the helpdesk for questions or timely support. Write an email to: help@pointzero-trading.com


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


Reviews 6
Diego Silva
53
Diego Silva 2016.08.02 19:10 
 

Amazing Indicator! With 14 years in this market, i just have to say that is a great product! With a few trades using my risk management just can't believe how awesome this indicator are!

Ariel Agnoletto
920
Ariel Agnoletto 2015.08.16 15:42 
 

Good Indicator! I work in 1 hour and diary!

Recommended products
with JR Trend you will able to enter and exit every trade with just a signals appear no need for any strategy just flow the indicator it work on all pairs and all Timeframe i usually take a look on higher timeframe and return to the lowest  timeframe and make an order with indicator signals you can see the amazing result so you can depend only on it intraday or swing as you wish 
3 500 USD
AutomaticZigZag
Stanislav Korotky
5 (1)
This is a non-parametric ZigZag providing 4 different methods of calculation. Upward edge continues on new bars while their `highs` are above highest `low` among previous bars, downward edge continues on next bars while their `lows` are below lowest `high` among previous; Gann swing: upward edge continues while `highs` and `lows` are higher than on the left adjacent bar, downward edge continues while `highs` and `lows` are lower than on the left adjacent bar. Inside bars (with lower `high` and
FREE
MultiVWAP
Anton Polkovnikov
5 (1)
MultiVWAP A radical reworking of the well-known VWAP, which is in fact a completely new unique tool. It gives you the opportunity to put 5 types of different VWAPs on the chart: Volume - standard VWAP calculated based on volume No volume - no volume in calculations, which allows using the indicator on the charts, for which the broker does not supply volumetric data Volatility - new development, the calculation is based on unsteady volatility Buyer - VWAP calculation is based on current market bu
80 USD
FXC iRSI-DivergencE MT5 Indicator This is an advanced RSI indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the RSI and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: RSI Period: The Period size of the RSI indicator. R
69 USD
Method of  Volume Spread Analysis , which reveals manipulations and "smart money" transactions, is rapidly gaining popularity, but while traders studied the market on their own, now the VSA indicator can take some of the functions. To immediately send a thought in the right direction, let’s recall some theory. Unfortunately, many new traders understand VSA as a simple histogram analysis of the volume, which is not quite true. Of course, it is an important part of this method, but the candle’s
50 USD
Weis Waves Wyckoff
Fillipe Dos Santos
through this indicator you can make  analysis and also can to distinguish possible weakness or continuous strength  on  price, it is an indicator initially developed by David Weis. This version is for the meta trader 5 platform. The Weis Waves indicator is based on volume and is aligned with the price, being able to find not only possible strenght and weakness, but also possible divergences between price and volume, bringing an interesting analysis between both.
30 USD
Pro MT5 Oscillator Forex Indicator Introduction : Welcome to my professional oscillator indicator for meta trader 5 . in simple introduction i am going to introduce advantages of this indicator. Use some algorithm and filters to reach best win% of correct prediction , around 85% Non repaint indicator, so signals are trust able Same win% in different time frames so you can use it in your desired time frame Nice performance in different symbols , CFD , Futures , Crypto Market, so you can use it
35 USD
ATR dynamic levels
Evgenii Bazhenov
5 (1)
ATR dynamic level The indicator calculates the price range within which the asset price moved for the specified period of time, and also builds the boundaries of the calculated range for the current week and for today. The levels are calculated from the beginning of the opening of the week (weekly) and from the beginning of the opening of the day (daily). Features: 1) Support and resistance levels are always relevant, since these levels change along with the price movement. If the price has
30 USD
Trend Reversal (TR) is a technical analysis indicator, showing moving trend reversal and bullish, bearish signals by comparing stock momentum. The Trend Reversal is easy to interpret: 1. When candle is Green, shows bullish, when it is Red, shows bearish. 2. when candle changes to Blue, shows the trend might reverse, a buy or sell signal might appear. 3. When bullish or bearish is confirmed, a Buy or Sell signal is given. 4. Sound, Pop-up message, Push notification and email alerts after sign
30 USD
Account Summary MT5
Ziheng Zhuang
4.67 (3)
This is a MetaTrader 5 script. It helps to summarize all trades into every symbol. Input Select Period: This is 7-option input. It includes Last Month, This Month, Last Week, This Week, Today, All History, and Date Specified. Specify Starting Date: Enter a date if you selected Date Specified in "Select Period" input. Specify Ending Date: Enter a date if you selected Date Specified in "Select Period" input. The summary is saved into a file in MQL5\Files folder. MT4 Version:   https://www.mql5.c
FREE
The DYJ ThreeMACross  is based on three Moving Average indicators. ThreeMACross is based on the following idea: crossing of three Moving Average lines (Fast, Middle and slow ones) is used as a signal for opening and closing a position together. Go Long when Fast MA (MA1) crosses above Middle MA (MA2), and Middle MA (MA2) crosses above Slow MA (MA3). Go Short when Fast MA (MA1) crosses below Middle MA (MA2), and Middle MA (MA2) crosses below Slow MA (MA3). The Expert Advisor also features money m
375 USD
Sentiment Liner This is a steroidised Daily-Weakly-Monthly high-low and open, must have indicator. With this stuff user can determine the average of (daily-weakly-montly) open levels. 4 example: if you in day mode switch the average to 5, you get the 5 day sentiment. In weakly mode turn the average to 4, than you get the 4 weak sentiment,...so on. Naturally one can us as a simple day-week-month high and low indikator. S1: high S2: low Pivot: open, Average: averager
FREE
This indicator is based on the classical indicator RSI (Relative Strength Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames RSI indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each RSI for every TF and you will have a choice what TFs you want to see. Exampl
50 USD
Doji Finder Indicator MT5
Alexander Nikolaev
4.5 (2)
The indicator analyzes the chart and identifies Doji candlesticks. Shows their appearance and signals the appearance of such a candle (if allowed in the parameters). Also, this indicator shows the strength of the reversal in the form of bars of different colors (the more green, the more likely the rise, the more red - the fall in price). The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In the indicator settings, you can
FREE
Peanut Indicator This indicator indicates trend with thick blue and red LINE based on Golden cross, Dead cross, and MACD. You can adjust the number freely in parameter settings(MA Period, MACD Value). Thus, you can adjust this indicator to your trading currency type, period, and so on. This indicator's default number is suited for     USD/JPY     M30   or     H1   trade.  HOW TO USE GREEN LINE:RISE, BUY RED LINE:FALL, SELL Parameters(Customizable) MAPeriod1 (Short term) MAPeriod2 (Long term) MAC
200 USD
Waves PRO
Flavio Jarabeck
For those who appreciate Richard Wyckoff approach for reading the markets, we at Minions Labs designed a tool derived - yes, derived, we put our own vision and sauce into this indicator - which we called Waves PRO . This indicator provides a ZigZag controlled by the market volatility (ATR) to build its legs, AND on each ZigZag leg, we present the vital data statistics about it. Simple and objective. This indicator is also derived from the great book called " The Secret Science of Price and Volum
79 USD
This indicator is based on the classical indicator RSI (Relative Strength Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All MT5 TimeFrames RSI indicator shows values from each time frames: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20, M30, H1, H2, H3, H4, H6, H8, H12, D1, W1, AND MN1. You will be able to change the main input parameters for each RSI for every TF. Example for M1 sTF1___ = "M1"; Period1 = 13; Price1 = PR
40 USD
FiboPlusChart MT5
Sergey Malysh
5 (1)
A ready-made trading system based on automatic plotting and tracking of Fibonacci levels for buying and selling any symbol on any timeframe. Advantages Determines the trend direction (14 indicators) Displays the trend strength and the values of indicators comprising the trend direction Plotting horizontal levels, support and resistance lines, channels Selection of the Fibonacci levels calculation type (6 different methods) Alert system On-screen Email Push notifications Buttons Changing the
90 USD
Un ique trend trading algorithm with advanced filtering and many features which should become a part of your trading arsenal. This indicator can give you also trading advisors (with take profit target), success rate scanner and much more. TrendMagiX PRO comes with built-in multi-pair and multi-timeframe scanner which is fully adjustable. User can select own symbols and time-frames to monitor. + ALL the features of standard TrendMagiX indicator:  https://www.mql5.com/en/market/product/45326 Impor
79 USD
Close Trade At Time
Siwakon Poonsawat
1 (1)
Easy & Customizable. Simple & Easy to close all trades and pending orders automatically at a specific time each day. Just drag this EA into any chart, any currency. It will be automatic close all opening positions and pending orders. Input Parameters     1. Close All Opened Positions If =  True  : EA will close opening orders at your time, days setting. If =  False : EA will not close opening orders.     2. Delete Pending Orders If =  True  : EA will delete pending orders at your time, days
30 USD
PipCounter PRO MT5
Anthony Etetere Essel
Easily Track every Pip or point alongside Current Profit % on every single open Trade. Also convert Crypto/Non-USD profits to USD while trading live to see your Profits in USD. PipCounter PRO MT5 is an indicator that helps track the Current Profits in Percentages(%) for all open trades allowing you to see which Trades to Close, to lock-in Profits once certain Trades reach your Account Profit Targets. Basically good for scalping and also any other trading strategy that requires you to open multip
49 USD
The Moving Average Dashboard indicator allows you to see the relationship between a fast and a slow moving average. This indicator is working on multiple symbols and up to 21 timeframes. It's allows you to configure the fast and slow moving averages to whatever period, method or price is appropriate The Moving Average Dashboard saves you time as you can use the indicator to scan multiple currency pairs or other symbols in just one window. Installation Download the Indicator in your MT5 te
30 USD
KT Renko Patterns Robot MT5
KEENBASE SOFTWARE SOLUTIONS
In manual trading, many of the trading setups and opportunities provided by the KT Renko Patterns indicator are missed due to sudden price movements on the Renko charts. KT Renko Patterns EA solves this problem by implementing a 100% automated trading strategy based on the "KT Renko Patterns indicator". After fetching the patterns formation and signals directly from the indicator, it performs some pre-checks and assessments to efficiently execute the trading positions. All the dependencies
199 USD
Market Zones MT5 Este indicador proporciona una lectura fácil del mercado basado en niveles estadísticos de Gauss, al igual que la metodología Market Profile. Utilizando una formula exclusiva el indicador estima dinámicamente las zonas que mejor representan dónde los movimientos del mercado permanecerán la mayor parte del tiempo (aprox. 70% del tiempo). Esto nos permite mirar el mercado de una forma más simple evitando caer en movimientos no relevantes. El precio se mueve despacio dentro de la
150 USD
MT4: https://www.mql5.com/en/market/product/58619 All my products:  https ://www.mql5.com/en/users/tomo007/seller#products This is the free version for you ! :)  Thank you for a nice review :) What is Spread? Spread is a very important part of trading and you should not overlook it. It should be in the interest of every trader to have the lowest possible spread with a quality broker. It could be said that the size of the spread is more important for shorter traders than for swing traders who mak
FREE
Spred
Aleksey Semenov
Statistical Spread Indicator. An indispensable tool for every trader. Suitable for both manual and algorithmic trading. Key indicators: maximum  - the maximum value of the spread for the specified period medium   - average value of the spread for the specified period minimum   - minimum spread value for the specified period current  - the current value of the spread It can be used on absolutely any trading instrument. This indicator shows the spread limits for a specified period. You ca
30 USD
Active Symbol is actually a tool that works together with our Trade Panel. Since version 1.2 our panel can manage multiple symbols without having to open it in all of them, just one. This tool make this possible, because with it the actual or remote symbol information are saved for our Trade Panel to use. Remember to enable the panel control mode in the all symbols function. If you have some problemas with the shortcut buttons on chart on unpinned mode of Trade Panel try change the tickets digit
FREE
This indicator represent option and basis values as a tax, using this formula: Tax = ( ( strike / ( basis - option ) ) - 1 ) * 100 It's not time based (don't use time to expire information)  You can set a fixed strike value, and a fixed basis symbol if needed. Some exchanges/brokers don't provide this information at marketdata and that's the only method to use this information when not provided.
30 USD
Buyers of this product also purchase
Weis Wave with Alert MT5
Panagiotis Diamantopoulos
5 (8)
** NEW PLUTUS SIGNALS and ALL IN ONE ** Plutus Long and Short trading signals added (for more infor visit    http://www.tradethevolumewaves.com   Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves ** IF YOU PURCHASE DO NOT FORGET TO CONTACT ME BECAUSE THERE IS MORE. Free, two hour, one to one webinar covering setup , methodology and Q&A on any lifetime purchase. How to trade with it:   ht
499 USD
Pentagram MT5
Andrey Ziablytsev
Automatic marking of the chart with Pentagram models. This model is based on the Expansion Model from Adversa Tactics. Designed to determine the trend and predict possible levels and targets of price correction in the future. The model describes a developing trend. The trend is relevant until the price crosses the trend line of the model in the opposite direction. Levels of rays of the pentagram, level of HP, distances of 100% and 200% of the distance between points 1-4, levels of HP are possibl
300 USD
Premium level is a unique indicator with more than 80% accuracy of correct predictions! This indicator has been tested for more than two months by the best Trading Specialists! The author's indicator you will not find anywhere else! From the screenshots you can see for yourself the accuracy of this tool! 1 is great for trading binary options with an expiration time of 1 candle. 2 works on all currency pairs, stocks, commodities, cryptocurrencies Instructions: As soon as the red ar
800 USD
VTrende Pro
Andrey Dyachenko
VTrende Pro - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-2 waves
697 USD
Trend Expert
Alexander Sovpel
3.67 (3)
TrendExpert indicator - predicts a rise or fall in prices and generates accurate BUY and SELL trade signals. Download  TrendExpert now to see it's profitable signals on real charts! This indicator was developed by a team of professional traders. The algorithm is based on the Dow Jones theory , which analyzes prices in financial markets and has proven its profitability. The TrendExpert indicator is designed to accurately predict future price changes of any trading instrument, on any timefr
1 049 USD
Order Block Indicator MT5 Order Block Indicator MT5 is currently the most accurate and customizable indicator on the market. It has been developed to facilitate the analysis of operations based on Order Blocks and Supply and Demand Zones. These zones are possible reversal points of a movement. Order Block Indicator MT5 highlights active order blocks of up to 4 TFs simultaneously. At the same time, Order Block Indicator MT5 provides a visual alert system that allows you to recognize at a glance i
450 USD
How to use the Demo version   MT4 Version AO unpaid divergences MT5 - Goldenlifestyle AO unpaid divergences is the first indicator developed to detailed analyze Regular and Hidden Divergences. It uses this analysis to find out possible entry points and targets. Below some of the characteristics of this indicator:  Time saving Highly customizable Working for all pairs (Crypto, Forex, Stocks, Indices, Commodities...) Suitable for Scalping or Swing trading Possible reversal swings Alerts and Notifi
450 USD
ToolBox 360 is the swiss knife of all indicators. It is full packed with useful tools to help you with your trading. It can be used to find best entry and exit points and help you to decide if you should open a trade or not. It shows market trends, candlestick formations outside / inside bars and you can sett time based allerts. Main features: Time based Fibonacci lines Choose a start and end time and the indicator shows you Fibonacci lines within the selected time range including range high
399 USD
Fibonacci Golden Zone
Francisco Rafael Figueroa Maya
The Fibonacci Retracements Tool at StockCharts shows four common retracements: 23.6%, 38.2%, 50%, and 61.8%. ... Even though deeper, the 61.8% retracement can be referred to as the golden retracement. It is, after all, based on the Golden Ratio. Please see this link to apply the strategy correctly and install the indicator: https://forex-station.com/download/file.php?id=3320413#:~:text=Rule%20%231%20Find%20the%20dominant,Rule%20%235%20Sell%20once%20we For the additional and complementary indicat
540 USD
DYJ TradingView
Daying Cao
5 (1)
DYJ TRADINGVIEW is a multi indicator rating system, using the rating signals counts and analysis tools to find entry opportunities in global markets DYJ TRADINGVIEW has 10 built-in indicators for market analysis. Indicator-based analysis is used by many traders to help them make decisions on what trades to take and where to enter and exit them.  We use several different types that can complement each other well. Use us to follow your market, You can find more accurate transactions. The trend ind
325 USD
BinaryLuck
Andrey Spiridonov
The BinaryLuck indicator is a powerful indicator for trading binary options with any expiration times. This indicator will be especially useful for trading short-term binary options with an expiration time of 30-60 seconds. This is a complete ready, self-contained trading system. The indicator predicts the maximum High and minimum Low for the current candle. Then it calculates the path the price has passed on the current candle as a percentage of the predicted High/Low range ( Range of candles )
777 USD
Powerful Hidden Cross Signal
Ellan Dirgantara Tholkhah
The latest most requested Binary Options arrow indicator in the Garuda Signals product line is now on MT5! Binary options signal based on multiple time frame cross over analysis. Gets confirmation from the most consistent signals known to man; Ichimoku, SMA, Bollinger Bands; and also uses the 1 Hour time frame as trend confirmation , so you don't have to open up multiple chart and waste time. - Can be used for all time frames up to 1 hour, but is most POWERFUL for 1 and 5 min options. - Place yo
300 USD
THIS INDICATOR NOTES THE DIVERGENCES BETWEEN THE CUMULATIVE DELTA VOLUME AND THE PRICE) WITH THE PURPOSE OF IDENTIFYING A POSSIBLE REVERSAL OF TREND. When the price records a new low from the previous low that diverges from the cumulative delta, we are close to a probable price reversal. same situation with a new maximum, higher than the previous one, diverging from the cumulative delta. when the indicator detects the divergence, it emits an audible warning, together with a push notificatio
499 USD
INDICATOR for Binary options. NO REPAINT ARROWS. Time work: 7.00/19.00 UTC TIME TIME FRAME CHART: ALL from 5 minutes the expiration of the trade is equal to 1 candle. therefore, with a 5-minute chart, the expiry of the option will be 5 minutes. with a 15-minute chart, the expiry of the option will be 15 minutes, etc. if the option expires out of the money, only 1 repayment of the same duration is allowed on the next candle. do not make further returns. if the option expires out of the money, and
499 USD
Seconds Charts
Aleksandr Goryachev
Micro  ******************* Секундные графики MT5 ********************** Секундный график на порядок увеличит точность ваших входов и выходов. Секундный период , в привычном формате,   позволит увидеть то, что ранее было скрыто. Бесплатные индикаторы, дополнят визуальную картину, что, в совокупности выведет вашу торговлю на новый уровень. Идеально подходит как скальперам, так и трейдерам торгующим внутри дня.  Входные параметры: Timeframe, sek - период построения графика, секунды Displa
320 USD
Description This addon is originated from my own trading. I spent my whole time waiting for signals and just wanted a notification  when a specific signal appears. So i started to wrote my own addon and called it "LifetimeSaver", because thats exactly what it is for me. But because this addon should not only be for my personal trading, I extended the LifetimeSaver and now its highly customizable,  so that it can fit your needs. Functions: Notification at your defined target/signal Notificatio
320 USD
Bandas de Bollinger para trading por correlação em Forex. __________________________________________________ Mas o que é correlação? "Em  probabilidade  e  estatística ,  correlação , dependência ou associação é qualquer relação estatística ( causal  ou não causal) entre duas  variáveis [1]  e correlação é qualquer relação dentro de uma ampla classe de relações estatísticas que envolva dependência entre duas variáveis. [2]  Por exemplo, a correlação entre a estatura dos pais e a estatura dos pai
480 USD
Только что открыли позицию, а цена резко пошла в другую сторону..Что делать? Просто потерпеть, усредниться или отстопиться (закрыться) и снова войти в сделку, но уже в противоположную сторону?  Как поступить...а может просто снимать сливки и торговать по разворотным импульсам ….в этом Вам поможет и подскажет Индикатор тенденций и разворотов на базе коллекции паттернов советника  ReversMartinTral  https://www.mql5.com/ru/market/product/28761 который кроме рекомендаций и сигналов реверса вклю
300 USD
Smooth price for Monarch
Konstantin Gruzdev
5 (1)
The Smooth Price technical indicator is used for plotting a smoothed line as close to the price of the financial instrument as possible, and serves to eliminate its noise components. The indicator is part of the Monarch trading system, but here it is presented as an independent technical analysis tool. The indicator is based on the cluster digital filter , which, unlike the ClusterSMA , is applied directly to the price time series. Smooth Price does not redraw (except the very last, zero bar) an
999 USD
BinaryWizard
Andrey Spiridonov
1 (1)
BinaryWizard is a powerful indicator for trading short-term binary options. In fact, this is a ready-made trading system. The indicator calculates the reference point and a short-term support and resistance levels. After the current price crosses the resistance level, a sell signal is formed (SIGNAL: SELL). Similarly, after the price crosses the support line, a buy signal is activated (SIGNAL: BUY). Parameters x1, y1 - binding coordinates of the indicator window to the upper left chart corner.
490 USD
Nostradamus
Andrey Spiridonov
Nostradamus is a powerful indicator from the set of professional trader. The indicator is based on Andrei Spiridonov's original price calculation method (ESTIMATED PRICE) for the current candle price. Advantages of the indicator The indicator does not redraw. It works on any timeframes. Works with any trading instruments. Perfectly suitable for scalping and trading binary options. Parameters ESTIMATED PRICE - indicator line color. Color - color of the ESTIMATED PRICE FUTURE line. How to wo
1 800 USD
Currency Index Watcher is a simple and user-friendly tool for whoever wish to trade Forex using currencies indexes. Currency Index Watcher is configurable and usable directly from the panel. Indexes of 8 custom currencies EUR, USD, GBP, JPY, CHF, AUD, CAD, NZD (default) Any 3-chars symbol from your market watch could be used (BTC = bitcoin, RUB = ruble, CNH = yuan etc ...) : double click the symbol label  Ability to select which currencies and made-of pairs will be analyzed : check/uncheck want
360 USD
SmartTrendMt5
Andrey Spiridonov
The SmartTrendMt5 trend indicator generates signals based on the principle of combined analysis of calculated reference points within the Keltner channel. The indicator plots the Keltner channel in a separate window (by default, red lines and a blue line - the middle of the channel), and also draws the histogram of calculated reference points for each candle (by default, the histogram bars are yellow). The should be attached to a chart of any timeframe and any trading symbol in the usual way.
450 USD
BinaryFiestaMt5
Andrey Spiridonov
The BinaryFiestaMt5 indicator has been developed and adapted specifically for trading short-term binary options. The algorithm of the indicator analyzes numerous factors before generating a signal. The indicator is installed in the conventional way. The indicator consists of an information window, which displays the name of the trading instrument, support and resistance levels, and the signal itself ( BUY , SELL or WAIT ). A signal is accompanied by a sound and a pop-up Alert. Advantages of th
1 200 USD
Magic Finger can help you identify trends and trading opportunities clearly. The finger points to the open position signal, and the discoloration line is confirmed by the trend. If you are a day trader, you can choose to trade during a period of active trading, referring to the discoloration line as the basis for the next order, finger signal as a filter. If you are a trend trader, you can choose a period above H1, wait for the appearance of the finger signal in the key price area, and enter
688 USD
PowerBaseColour
Capota Adrian Ionut
- Trading Guide PowerBase But how do I use this indicator in the daily trading of Heikin Ashi traders?  Here are some answers and recommendations that can help you improve or create a trading system -  strategy:   Stop Loss. A very useful method to reduce the risk of a transaction is to set the stop loss even behind the last Heikin Ashi bar, assuming that if the next bar is touched the initial signal is invalidated and it is best to close with a limited loss than to you hope the market returns t
1 000 USD
Forex Relative Performance indicator This indicator calculates the relative strength of major currencies against the US dollar. The basic idea behind this indicator is "to buy strong currency and to sell weak currency". This indicator allows you to quickly identify the best forex pair to trade according to your trading style (Intraday, Scalping, Swing, or Long Term)
324 USD
SuavizadorDePrecio
Cesar Juan Flores Navarro
Funciona identificando picos de máximos y mínimos, para luego eliminarlos haciendo una linea o curva, pudiendo el usuario ingresar el valor de que tanto puede suavizar. Nos facilita poder ver la tendencia así como ver el cruce que puede hacer con otros indicadores, mostrando a simple vista los inicios y salidas de una tendencia u operación. Así también facilita la visualización de subidas y bajadas.
300 USD
Pendiente de Precio
Cesar Juan Flores Navarro
Indicador en base a la pendiente de la linea de precio, dibuja una línea de color cuando sube a base de los precios que previamente has sido procesados o linealizados, y cuando baja la pendiente la linea linealizada toma otro color. En este caso se a considerado 6 lineas de diferentes procesos desde pendientes largas hacia las cortas, observándose que cuando coincidan las pendientes se produce un máximo o mínimo, lo que a simple vista nos permitirá hacer una COMPRA O VENTA.
1 000 USD
Dial indicator based on one ADX indicator. Gives buy and sell signals when DI + and DI - lines intersect. The indicator works on all timeframes and currency pairs. In the premium version the signals are filtered, they are less, but they are more reliable. There are settings of the indicator period, you can experiment. ADXPeriod=14 - The period of the indicator. The indicator gives high-quality buy and sell signals, suitable for intraday trading.
3 000 USD
More from author
PZ Reversal Fractals MT5
PZ TRADING SLU
4.69 (16)
This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all k
FREE
PZ Day Trading
PZ TRADING SLU
3 (2)
This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It provides suitable SL and TP levels It impl
299 USD
This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p
299 USD
PZ Harmonacci Patterns
PZ TRADING SLU
3.33 (6)
This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci pro
299 USD
PZ Pivot Points MT5
PZ TRADING SLU
4.93 (15)
This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
FREE
PZ Trendlines MT5
PZ TRADING SLU
5 (4)
Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they com
FREE
PZ Binary Options MT5
PZ TRADING SLU
4.5 (8)
This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents
FREE
PZ Goldfinch Scalper EA MT5
PZ TRADING SLU
3.39 (23)
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
FREE
PZ Swing Trading
PZ TRADING SLU
5 (4)
Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
249 USD
PZ Inside Bars MT5
PZ TRADING SLU
4.5 (4)
This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/are completely contained within the range of the preceding bar. A blue box is
FREE
This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable AC and BD ratios Customizable breakout periods Customizable lines, colors and sizes It
49 USD
PZ Goldfinch Scalper EA
PZ TRADING SLU
2.44 (34)
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
FREE
PZ Three Drives
PZ TRADING SLU
3.5 (2)
This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visua
FREE
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
249 USD
PZ Pivot Points
PZ TRADING SLU
4.55 (11)
This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
FREE
Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Amazingly easy to trade Customizable colors and sizes Implements perfo
149 USD
PZ Turtle Trading MT5
PZ TRADING SLU
4.5 (6)
The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
FREE
PZ Trendlines
PZ TRADING SLU
4.56 (9)
Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they come
FREE
PZ Market Profile
PZ TRADING SLU
4 (5)
The market profile indicator provides with an X-Ray vision into market activity, outlining the most important price levels, value area and control value of the daily trading session. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to understand and use Understand market dynamics easily Automatic timeframe selection Identify zones of trading value and discard others It is useful in all market conditions Effective for any trading strategy It implements three color
FREE
PZ Chart Overlay MT5
PZ TRADING SLU
4.5 (2)
The Chart Overlay indicator displays the price action of several instruments on the same chart allowing you to evaluate how differently currency pairs fluctuate relative to each other.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find overbought or oversold currency pairs easily Plot up to six currency pairs overlayed on the same chart Display inverted symbols if necessary Adapt to chart size, zoom and timeframe Automatic price level calculation Customizable p
30 USD
PZ Oscillator MT5
PZ TRADING SLU
4 (7)
This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t
FREE
PZ Trend Trading
PZ TRADING SLU
4.67 (3)
Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
299 USD
PZ Support Resistance MT5
PZ TRADING SLU
4.75 (4)
Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri
149 USD
PZ Binary Options
PZ TRADING SLU
4 (2)
This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents
FREE
This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indicator analyzes its own quality and performance It
149 USD
PZ Sandwich Bars MT5
PZ TRADING SLU
5 (2)
This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint The indicator could not b
FREE
PZ Turtle Trading
PZ TRADING SLU
3.22 (9)
The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Prod
FREE
PZ Oscillator
PZ TRADING SLU
2.63 (8)
This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t
FREE
PZ Lopez Flow MT5
PZ TRADING SLU
5 (1)
This indicator studies price action as an aggregation of price and time vectors, and uses the average vector to determine the direction and strength of the market. This indicator highlights the short-term directionality and strength of the market, and can be used to capitalize from short-term price movements by trading breakouts or binary options.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find market direction easily Confirm with breakouts or other indicators
FREE
This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continuation patterns The indicator is non-repainting and implements alerts The indicator implements a multi-timeframe dashboard It detects
99 USD
Filter:
luca
136
luca 2019.12.19 16:59 
 

Too much false signals and you cant try the indicator before you buy it

infire
39
infire 2019.11.23 13:50 
 

Dashboard not showing

Andrzej Banowicz
1239
Andrzej Banowicz 2019.05.21 14:07 
 

If you using it for H1 or M30 timframes, what would be the SL & TP?

I cannot find any profitable settings.

With constant settings the info about Accuracy it's useless. It count only effects from the signal point, but not taking the reality.

SL & TP must be set with the trade opening, not count after trade is close.

For now the is no one star for it...

Diego Silva
53
Diego Silva 2016.08.02 19:10 
 

Amazing Indicator! With 14 years in this market, i just have to say that is a great product! With a few trades using my risk management just can't believe how awesome this indicator are!

Ariel Agnoletto
920
Ariel Agnoletto 2015.08.16 15:42 
 

Good Indicator! I work in 1 hour and diary!

[Deleted] 2015.05.01 12:30 
 

User didn't leave any comment to the rating

Reply to review
Version 7.0 2021.06.28
- Added SL and TP levels
Version 6.0 2019.02.18
- Added MFE and MAE
- Added stats widget
- Minor improvements