Bar Size MT4

5
The technical indicator, in real time, searches for candlesticks that exceed the size set in the settings and gives signals about them. As a rule, such abnormally large candles appear either at the beginning of strong impulses or at the end of a directional price movement. At the beginning of the pulse, the signal can serve as a basis for searching for an entry point, at the end of the movement, it is a sign of a climax and may indicate the near end of the trend. The reference size for filtering abnormal candlesticks can be the ATR value of the corresponding period, increased by 20-50%.
Reviews 6
vikkhal
16
vikkhal 2022.04.27 06:43 
 

Господа! Я прикрепил индикатору шкалу от RSI, можно (приблизительно) считать АТР свечи на средних и больших тайм фреймах, если свеча превышает 75% и более, жди отскока или разворота, посмотрите внимательно.

Triforex
154
Triforex 2022.04.07 11:00 
 

Very good indicator, the operation is well explained. I use it for manual trading. Also in my opinion that signal candles should be painted in alternative colors.

Valeriy Orekhov
18
Valeriy Orekhov 2022.02.03 20:19 
 

Идея очень интересная. Просто и понятно. Вдобавок его можно использовать с любой торговой системой или при ручной торговле. Согласен с portgsm , что сигнальные свечи желательно раскрасить в альтернативные цвета. Индикатор весьма чувствителен к выбору таймфрейма и требует индивидуальной подгонки для каждого. По моему мнению порог срабатывания (Signal Level) было бы целесообразно вынести в окно индикатора Bar Size MT4 для изменения мышью. Тогда легко выбрать оптимальный для точек входа или закрытия позиции. Отличная работа.

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Mikhail Tcvetkov
5 (1)
The indicator gives buy and sell signals in real time. When choosing a direction according to the main trend, about 75-80% of the signals are processed into profit. Absolutely all signals remain on the chart and do not change their position, so you can easily test the operation of the indicator both on the history and in the strategy tester. The indicator settings are simple and logical: the Velocity parameter is responsible for the number and frequency of signals, the optimal value is from 10 t
The Market Structure MTF indicator is a successful attempt to formalize the structure of price movement using a unique algorithm. It accurately decomposes any price movement into its constituent elements and allows you not to miss a single interesting entry or exit point. An important feature of the Market Structure MTF indicator is the visualization of the structure of price movement on two timeframes at once – on the current and on any older one at the user's choice. Despite the external sim
BELevelsPro
Mikhail Tcvetkov
BELevelsPro indicator – visualization of break-even levels of positions The indicator displays the break-even (BE) prices for your positions on the chart, taking into account accumulated swaps and commissions. It also shows the average prices of pending orders and an information panel with detailed statistics. , What is displayed on the chart: The blue mark is the price at which all BUY positions will go to zero (including swaps and commissions) The red mark is the price at which all SELL po
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John Winsome Munar
3471
John Winsome Munar 2022.06.20 18:06 
 

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vikkhal
16
vikkhal 2022.04.27 06:43 
 

Господа! Я прикрепил индикатору шкалу от RSI, можно (приблизительно) считать АТР свечи на средних и больших тайм фреймах, если свеча превышает 75% и более, жди отскока или разворота, посмотрите внимательно.

Triforex
154
Triforex 2022.04.07 11:00 
 

Very good indicator, the operation is well explained. I use it for manual trading. Also in my opinion that signal candles should be painted in alternative colors.

Valeriy Orekhov
18
Valeriy Orekhov 2022.02.03 20:19 
 

Идея очень интересная. Просто и понятно. Вдобавок его можно использовать с любой торговой системой или при ручной торговле. Согласен с portgsm , что сигнальные свечи желательно раскрасить в альтернативные цвета. Индикатор весьма чувствителен к выбору таймфрейма и требует индивидуальной подгонки для каждого. По моему мнению порог срабатывания (Signal Level) было бы целесообразно вынести в окно индикатора Bar Size MT4 для изменения мышью. Тогда легко выбрать оптимальный для точек входа или закрытия позиции. Отличная работа.

Mikhail Tcvetkov
3165
Reply from developer Mikhail Tcvetkov 2022.02.04 08:03
Валерий, спасибо за идеи. Если индикатор получит дальнейшее развитие, то обязательно их включу.
robertnata82
30
robertnata82 2022.02.03 11:13 
 

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portgsm
107
portgsm 2022.02.03 09:40 
 

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