Gossamer MT4

Gossameris 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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Miraculous Indicator – 100% Non-Repaint Forex and Binary Tool Based on Gann Square of Nine This video introduces the Miraculous Indicator , a highly accurate and powerful trading tool specifically developed for Forex and Binary Options traders. What makes this indicator unique is its foundation on the legendary Gann Square of Nine and Gann's Law of Vibration , making it one of the most precise forecasting tools available in modern trading. The Miraculous Indicator is fully non-repaint, meaning t
Currency Strength Exotics
Bernhard Schweigert
4.88 (33)
CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading
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ZoneFinder is an indicator panel that presents an interactive, multi-timeframe visualisation of trend direction and strength.  Trend strength and direction is  measured using a modified ADX indicator based on smoothed DI+ and DI- values.  High probability trading zones are identified using Fibonacci retracements. Where such zones are found, they are marked on the chart together with a proposed Fibonacci extension target.
ZoneFinder is an indicator panel that presents an interactive, multi-timeframe visualisation of trend direction and strength.  Trend strength and direction is  measured using a modified ADX indicator based on smoothed DI+ and DI- values.  High probability trading zones are identified using Fibonacci retracements. Where such zones are found, they are marked on the chart together with a proposed Fibonacci targets.
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 a
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