Omega Point Indicator

4
  • Indicators
  • Tom Seljakin
    Tom Seljakin
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  • Version: 1.34
  • Updated: 14 May 2022
  • Activations: 5

The Omega Point indicator uses a complex multilayered system that is used by the top world traders which helps to determine the beginning of trends that are highly likely to last for a long time. The system uses several complex trend calculation modes, due to which the indicator adapts to the specifications of different currency pairs, and is suitable for both conservative and aggressive trading. The indicator makes the necessary calculations and shows important information about how the trade would have been executed if the trader had entered the market, thus the trader can always calculate what profit to expect.

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Indicator features:
  • A complex mathematical system for calculating a start of a trend.
  • The indicator shows multiple levels of profit taking for maximum profit.
  • The most detailed and honest statistics showing how transactions would be executed if the trader entered the market.
  • It has three unique strategies (entry into an emerging markets, entry into a continuing trend, scalping in the end of a trend).
  • Suitable for various trading instruments and timeframes.
  • Suitable for both scalping and long-term trading.
  • Easy to learn.
  • Doesn't repaint.


Description of parameters:

  • Indicator's mode: There are three signaling modes to choose from.
    • Early trend catcher - the indicator will give signals in case of emerging trends.
    • Confirmed trend continuer - the indicator will give signals on confirmed trends.
    • Late scalpigng - the indicator will give signals when the trend loses its strength.
  • Indicator's sensitivity - signal sensitivity. The higher the sensitivity, the more often there will be signals to enter a trade.
  • Stop-level 1 mode - the distance between the entry price and the price of the first stop level.
  • Take/Stop-levels volatility levels: definitions of take/stop levels.
  • Automatic - take-level width will be determined automatically by the ''Indicator's sensitivity'' parameter (the higher the sensitivity, the shorter the take-level width will be).
  • 1x-6x - certain fixed width of take levels.
  •  Show take profit-levels - show/hide take/stop levels.
  •  Panel corner - indicator panel anchoring angle.
  •  Panel x/y offset - offset of the indicator panel along the x/y axis.
  •  Count type: Take/stop level counting mode.
  •  Count all take-profit - the indicator will count all take profits, stop losses, regardless of what the price touched first (take level or stop level).
  •  Take-level 1/2/3/4 to stop-level 1/2 - the indicator will count how many times this or that take/stop level has been touched.
  •  MaxHistoryBars - How many bars on the chart to use for counting signals.
Reviews 1
Aravind Kolanupaka
10405
Aravind Kolanupaka 2024.02.04 19:40 

Indicator has good potential.

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Pro Indicator Trader is a professional trading tool with which you can automate/create a trading strategy using the 31 classical Metatrader 4 indicators.  An elegant and intuitive interface allows you to customize your strategy down to the smallest detail and choose whenever the EA should open a buy or sell position. For each entry-trade rule, you can use up to 14 different indicators. The EA is designed for professional traders, therefore it has many advanced functions. The EA records the order
The open tool of the most popular strategy on MQL5 'Breakout of High/Low' points. Developed by professional traders with overall 12 years of experience! Classic Fractal Scalper   is an EA tool based on the popular strategy of breakout of custom fractals. The user can set the range of a fractal, the number traded fractals and the offset points from the fractal points. The EA trades with stop-orders and then they are activated the EA manages them. The EA has a rich set of tools. It writes statis
Master Point is an indicator set that includes the most powerful and necessary tools for a trader, giving that very edge in the markets to be successful. An indicator that has an elegant and complete system that works very well in all markets (Forex, Crypto, Stocks, Indices) helps to find the best reversal points. It has tools such as trend reversal detection, pivot points, divergences, currency strength and 'candle strength'. All this makes the indicator a complete tool that does not require a
Reverence Gold EA is a portfolio of advanced gold strategies that are made up of systems that have proven to be stable and profitable. The EA uses improved versions of the classic breakout, trend reversal, swing trading, and price action setup. All of these systems create a smooth yield curve, and make it easy to get through periods of economic and political turbulence. This system is specially designed for those who are serious about investments and want to increase their capital. The basis of
Simple grid master  is a trading tool for trading reversals with help of grid and martingale style. The EA uses for entry into the markets such indicators as: Bollinger Bands, Ozymandias, Moving Average, Williams Percent Range, Stochastic, MACD. You can select which indicators will be used for entries, customize martingale and grid settings to your liking, use additional filters (time filters, order distances, etc.) for more accurate entries. The most important that the EA is constantly improvi
Quantum Incinerator EA is the exact the EA you were waiting for. Developed by professional traders with overall 12 years of experience who are ready to show you what a real high frequency EA should be! Quantum Incinerator EA is special kind of EA that utilizes fractal based support and resistance strategy in order to utilize dynamics of the market in a profitable way. And although the adviser uses a minimum of settings for your convenience, 'do not judge a book by it's cover', the EA is an absol
A legendary strategy for GOLD, CRYPTO, INDEXES from renowned FX market-makers now available for retail traders. One of the most effective "Set and Forget" EAs with long-term positive results. PROMO! For the first buyers will recieve for free ' Quantum Incinerator ' and  ' Reverence EA ' Occult-black Gold Strategy EA for those who want to maximize profits from long-term markets such as Metals, Crypto, Indices. The EA operates on the advanced mathematical algorithms of in-house market-makers (also
''A professional trader is a greedy trader: he buys at lows and sells at highs with minimal risks and high returns,, Neuro Scalper   is developed exactly for such trading approach .   It's a universal indicator for tracking reversals and uses price action patterns, discrepancy of custom indicators and a multi-layered formula for identifying reversal structures. The indicator is very easy to use; it only shows arrows where is recommended to buy or sell. The indicator is universal and suitable f
Complete Prop Firm broker challenges easily and automatically using our Prop Firm Challenger  expert advisor. Simply attach the EA to a chart and let it do its job. The EA works only on recommended broker FXTM:   https://forextime.com For the first 5 buyers, the price of the advisor will be only $149.99 . Later, the price will increase to $7899.99. Description: The Expert Advisor allows you to quickly complete any Prop Firm task with low drawdown and in a very short time. The Expert Advisor u
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Aravind Kolanupaka
10405
Aravind Kolanupaka 2024.02.04 19:40 

Indicator has good potential.

Tom Seljakin
4595
Reply from developer Tom Seljakin 2024.02.04 19:52
Thanks for the feedback! May be not always available, or see messages in private (because of the spammers), so next time just resend your message aigain so i can see it.
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