Gossamer MT5

Gossamer is a moving average ribbon indicator that uses a novel approach to identify breakout trades in trending markets.  

By applying a progressive period shift to each moving average, levels of consolidation become visible. Enter trades when price breaks out in the direction of the prevailing trend. Stoploss should be located on the other side of the consolidation from the breakout. Profits can be taken at the next consolidation or the stoploss trailed and the position built.

Applicable to all instruments and timeframes, it is particularly effective in strongly trending markets.

The following settings are available:

Name Default value Purpose
MaMethod MODE_EMA Moving average method applied to all the moving averages in the ribbon
 MaAppliedPrice  PRICE_MEDIAN Moving average applied price for all the moving averages in the ribbon
 PeriodStart  2 Period of the first moving average period (default EMA(2))
 PeriodStep  1 Period step between the moving averages, periods of 2,3,4,5,... by default
 StepCount  20 Number of moving averages in the ribbon. Constrained to a maximum of 60
 MaShiftFactor  1 Multiplication factor applied to the period to calculate the moving average shift
 StartColor  clrLightSalmon A gradient colour scheme can be applied to the ribbon. This is the starting colour
 EndColor  clrPaleTurquoise The end colour applied to the ribbon. If clrNONE is selected, then the startColor is applied to the whole ribbon
 TrendLineWidth  3 The last moving average in the ribbon is used as a colour coded trend indicator. A thicker line width is applied to highlight the colour indicating the trend.
 BuyColor  clrLime Colour applied to the trend indication moving average if the assessed trend is UP
 SellColor  clrRed Colour applied to the trend indication moving average if the assessed trend is DOWN
 MaxBars  5000 Maximum bars to which the ribbon is applied. Applying the indicator to a large number of bars uses a lot of system resources and will slow the indicator down. It is generally not advised to apply the indicator to more than 10,000 bars. A warning is issued if you do, although you are not prevented from do so if you wish.



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LAUNCH PRICE: $99 Axiom Matrix is available at the launch price of $99. The price will increase to $199 after the first 30 purchases. SPECIAL OFFER:  After purchasing Axiom Matrix, send me a private message to claim the Smart Universal EA for FREE and turn your Smart Trend signals into automated trades. [User Manual] , [Online Course] , [PDF]  And [DEMO] Axiom Matrix is a professional multi-symbol, multi-timeframe market scanner and decision dashboard for MetaTrader 5. It scans your Market Watc
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FiboSniper Pro – Professional Multi-Filter Fibonacci Grid Trading System FiboSniper Pro is an advanced technical trading indicator system that combines Fibonacci Envelopes with multi-layer filters including ADX, EMA, RSI, ATR, and Time Filters to help identify   filtered entry opportunities , along with automatic Stop Loss and Take Profit levels based on ATR volatility. It is specifically designed for traders who focus on M5 scalping strategies. After purchase, please contact me to receive instr
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5 (1)
Indicators
Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
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Talal N Z Aljarusha
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Indicators
SMC PRO TOOLKIT — SMART MONEY ANALYSIS & STRUCTURED TRADE PLANNING SMC Pro ToolKit is a professional Smart Money Concepts analysis workspace for MetaTrader 5. It combines market structure, multi-timeframe analysis, institutional price zones, setup evaluation, confirmation tools, volume context, alerts, and risk planning inside one organized chart environment. One workspace. Multiple layers of confirmation. One structured trading plan. OPEN COMPLETE USER GUIDE MULTI-CONDITION SETUP ENGINE At
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Indicators
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Indicators
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