• Overview
  • Reviews (8)
  • Comments (11)

TrendBox Indicator MT5

5

The indicator looks for consolidation (flat) in the market at a certain time, builds a box-channel and marks levels indented from it for a breakdawn. After crossing one of the levels, the indicator marks the zone for take profit and calculates the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area of the market, with the beginning of a trend movement to enter it.

Benefits:

  • a unique search system for consolidation (flat) by adjusting to the market;
  • does not redraw;
  • can be used on any timeframe and currency pair;
  • flexible settings for more accurate results;
  • a complete system of alerts from messages, mail to PUSH notifications.

Main parameters of the indicator:

TakeProfit
-
takeprofit level
Buffer
-
indent in points from the formed box-channel  
BarsAnalyze
-
number of analyzed bars
MaxDelta
-
maximum channel box size
StartHour
-
hour of the beginning of the analysis of the trade to set the box-channel
StopHour
-
trading analysis end hour
Alerts
-
enabling the alert system in case of level breakout
AlertMessage
-
breakdown alert
SoundMessage
-
sound message
EmailMessage
-
message about level breakdown to the mail specified in the terminal
PushMessage
-
PUSH message to mobile phone


All values in points are indicated in 4-digit format, 5-digit translation is carried out automatically.

The indicator can be used as a separate trading system, or as an addition to an existing one.
On the screenshots below you can see examples of using the indicator on the chart.

Reviews 8
Juergen Loebach
893
Juergen Loebach 2023.06.16 10:06 
 

A useful addition to my strategy.Thank you very much for this product.

Findolin
865
Findolin 2023.05.02 10:01 
 

Congratulation. Excellent idea! Thank you very much.

luckytrades
14
luckytrades 2023.03.06 19:36 
 

Great Indicator to trade with any strategy. I demo it on my live account and was a winner at all times. Thanks for your service.

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Reversal First Impulse levels (RFI)   - are the   maximum volume   levels/areas that turn the market around, so they play a critical role in future trading decisions. The logic behind the movement of any chart is that the price moves from the first impulse level (RFI) to the first impulse level (RFI) of the past trend. The first impulse level (RFI) is the most powerful level during a trend reversal, which forms a reversal zone. The first impulse level from the reversal of the previous movement
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Fireblade954
41
Fireblade954 2024.02.27 10:06 
 

It works. I makes money

Juergen Loebach
893
Juergen Loebach 2023.06.16 10:06 
 

A useful addition to my strategy.Thank you very much for this product.

Evgeniy Zhdan
23395
Evgeniy Zhdan 2023.06.14 20:37 
 

User didn't leave any comment to the rating

Findolin
865
Findolin 2023.05.02 10:01 
 

Congratulation. Excellent idea! Thank you very much.

luckytrades
14
luckytrades 2023.03.06 19:36 
 

Great Indicator to trade with any strategy. I demo it on my live account and was a winner at all times. Thanks for your service.

raydot83
14
raydot83 2023.02.13 05:15 
 

Tx Mr. Ivan🙏

jushmk
14
jushmk 2022.12.02 11:37 
 

Excellent indicator!

avalos72 Ávalos
145
avalos72 Ávalos 2022.10.27 06:12 
 

Excellent indicator makes good Tickets.

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