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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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ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift, Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure,  L
Royal Scalping Indicator M4
Vahidreza Heidar Gholami
4.17 (6)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
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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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