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Trend Stop

Trend Stop indicator detects changes in a trend for a selected time period.

Its secondary objective is suggesting optimal stop levels.

Place all your stop orders below Trend Stop line for uptrend and above Trend Stop line for downtrend.

Trend Stop shows the highest/lowest value of the last N periods.


Calculation

Depending on the current trend direction, this will be the highest high of last N periods for downtrend or the lowest low of the last N periods for uptrend.

Trend change is considered detected, if the closing price crosses Trend Stop line.

At this time, it is recommended to open positions as suggested by price/Trend Stop crossover.

Buy if the price crosses Trend Stop line upwards. Sell if the price crosses Trend Stop line downwards.


Parameters

  • Length - number of periods used to calculate Trend Stop.
  • Type (0 or 1) - select one of the two available Trend Stop trend trigger mode algorithms.

Trigger Mode algorithms:

  • Close (0). In case of a downtrend, if the closing price crosses Trend Stop line upwards, a trend change is to occur. In case of an uptrend, if the closing price crosses Trend Stop line downwards, a trend change is to occur.
  • High/Low (1). In case of a downtrend, if the high price crosses Trend Stop line upwards, a trend change is to occur. In case of an uptrend, if the low price crosses Trend Stop line downwards, a trend change is to occur.
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Dario Pedruzzi
The  RSI Basket Currency Strenght  brings the RSI indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the RSI Multi Time Frame Currency Strenght take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every RSI value for the selected Time Frame.  After that, the ind
100 USD
Pairs Arbitrage Correlation
Pairs Arbitrage Correlation
Vladimir Tkach
The cross-correlation indicator calculates the relationship between the specified pairs for the previous period. Automatically selects the instruments with the highest and the lowest correlation, and then simulates trading on the selected pairs on the same test period. Then indicator displays the pairs that have shown the best trading results. Visualizes the PAC (Pairs Arbitrage Correlation) criterion for the pairs selected by the trader. The signal to open trades is set by the PAC levels. When
50 USD
Pinbar Scanner With Trend Filter
Pinbar Scanner With Trend Filter
ScorpionFX
(FOR MT4)   Pinbar Scanner For Multi Pair and Multi Time Frame : This indicator has been designed to automatically identify high probability pinbar formations. It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found. IMPORTANT FACTORS TO KEEP IN MIND: A strong pinbar is clear evidence that the institutions are rejecting a particular price level.  These price levels are excellent areas to determine potential entries and exits
79 USD
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