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Market Structure Tester

You can download the Full version here with more features.

Introduction:

Market structure is important for both new and professional traders since it can influence the liquidity and price action of a market. It’s also one of the most commonly used techniques to understand trends, identify potential reversal points, and get a feel for current market conditions. it provides incredible insight into how the market is behaving. It can provide vital signals about where the price action is heading next.

The Market structure indicator Scans chart and  has support and resistance with using Fibonacci levels and candlestick checking for best entry point. It finds signals immediately with alarm and notification for easy trading.

Main Features:

  • Detect the best and  most successful point of trend or reversal trend
  • Easy-to-use and user-friendly indicator
  • Scan just on EURCHF chart
  • Select and deselect time frames button for scan (M1,M5,M15,M30,H1,H4,D1,W1,MN)
  • It displays and pushes notification stop-loss, entry-point and take-profit levels
  • Candlestick check for the best entry point
  • Use Fibonacci levels
  • method Engulfing/breakout -  Engulfing on edge of pattern / Breakout next price level
  • Sending the alert and push notification
  • Alert enable/disable base on your setting time
  • Adjust the pattern setting

You can download the Full version here with more features.

Input Parameters :

=========Scanner============

  • Scan All Charts – Disable and scan just open EURCHF chart.
  • Scan the number of candles – Amount of history bars to evaluate
  • Rescan Timer – Rescan EURCHF chart after passing time
  • mode = Engulfing/breakout -  Engulfing on edge of pattern / Breakout next price level

=======Display/style Options============

  • Display_Options – Display or do not  SL&Entry levels
  • Stop Loss levels and Breakout Style - Set the Fonts and colors of patterns

    ========ALERT SETTINGS ==========

    • Display Alert or Push Notification – Enable or disable Alert or Push Notification
    • How many candles are past a pattern – Maximum Number of candles Passed from a pattern to allow alert
    • Alert Buffer Size – Maximum save alert to prevent duplicate alerts
    • Alert start/end time  – Determine trading hours based on the computer clock to activate and deactivate the alarm

    You can download the Full version here with more features.


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