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TrendMeasurer indicator manual

30 USD

Demo downloaded: 53

Published: 15 February 2021

Current version: 1.0

TrendMeasurer indicator manual

Indicators
Anton Polkovnikov
Anton Polkovnikov
Russia

6198
5 (3)
MOEX intraday trader.

Developing scripts for MT5.

I'm on Telegram: @stockgambler
My Telegram group: https://t.me/stockgamblers

14 products 23 topics 85 comments
Version: 1.0
Activations: 5

TrendMeasurer indicator manual / TMi manual

The indicator is designed to help the user to find the end point of a strong trending price movement. Important - END. Not start.

How the indicator works

The first price impulse and its subsequent pullback form a certain "critical mass" which acts as "fuel" for further price movement. The production of this fuel indicates the potential end of the trend. Both volume and indicator calculated in a certain way from price data can be the fuel. The amount of "fuel" can be set by a user himself/herself so the curve should fit the first price pullback. Then we expect the end of the curve or its breakdown by the price. The indicator is intended to show a user potential exit points from the deal.

Settings

Indicator number: If there are two or more indicators on the chart, each must have an individual number, otherwise indicators with the same numbers will start from the same point
Critical parameter: the amount of "fuel", by changing which we put the curve on the first rollback of the movement
Parameter balance: displaying the balance of the Critical parameter or the used amount
Volume: use volume or analog obtained by converting price data to calculate Critical parameter. Without volume can be used on Forex and Crypto

more...

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Seconds time frame In MT5 there are no second charts by default. Many of the presented options for creating such do not work fully - errors with extrema, inability to use indicators, etc. I present you a fully working variant. The script works as an Expert Advisor by creating a custom symbol. To work, the script is placed on the M1 chart of the instrument of interest, after which the window of the custom symbol will open automatically. The settings are minimal and intuitive - the timeframe inter

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Auto Point of Control Indicator for those who use the Market/Volume Profile in their trading, who are familiar with the concepts of POC and VAH/VAL. I often noticed that it is inconvenient to change the zone of POC level calculation. Also it is not always convenient to use periodic areas, such as Day, Hour, etc. So I decided to develop a fully automated POC, where the zones change each other through the algorithm in the script. How to use POC - everyone decides for himself. They can be stop-loss

100 USD

Cumulative delta indicator As most traders believe, the price moves under the pressure of market buying or selling. When someone redeems an offer standing in the cup, the deal is a "buy". If someone pours into the bid standing in the cup - the deal goes with the direction of "sale". The delta is the difference between purchases and sales. A cumulative delta - the difference between the cumulative sum of purchases and sales for a certain period of time. It allows you to see who is currently contr

50 USD

PULLBACK HUNTER What is every trader's cherished dream? To see without delay the places where the reversal will happen. This, of course, is from the category of magic, though... nothing is impossible. But for now I've prepared for you an indicator that marks in real time the end of corrections to the current movement or in short - catches pullbacks.What is the main point? Many people practice rebounds when the price moves in the direction of the open position. And they do them on the formation o

100 USD

LEVELS (extremes, stops, takeprofits) The indicator visualizes the levels of recent price extremes. Such values are searched for by means of an internal algorithm. It does not redraw. It is used to change stop order placement levels (done manually by the user, the indicator only visualizes the level). It can also be used for taking partial profits at opposite levels of the movement. The indicator will allow you to take most of the strong movements. You don't have to worry about exiting a positi

60 USD

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TrendMeasurer indicator manual

Anton Polkovnikov

TrendMeasurer indicator manual / TMi manual