Price Rectifier Signals

This indicator provides trading signals based on the polarity of the dynamical parameters of two digital signals. The dynamical parameters (momentum-acceleration) are derived by applying a high quality momentum oscillator, MTEMA LPD ( see Top Gun Oscillators) to two digital signals. The MTEMA momentum oscillator is first applied to the price itself. Then, a rectification procedure is applied to the price based on the signals from the momentum oscillator yielding a rectified price signal. This switching procedure is very similar to the process of calculating the performance based on alternating buy and sell signals. Then the MTEMA LPD is applied to the rectified price. The idea is this: We want to filter the price momentum trading signals by using only those we expect to increase the performance - based on its dynamics- while discarding those that reduce the performance.

Screenshots 1  and 2 show the rectified price and the price momentum signals used to calculate them in each of the two possible cases based on the input "Rectification_Source". 

There are a total of eighteen unique combinations of dynamical paremeters based on polarity that can be use to derive trading signals. With additional options including the input price and changing the periods of the MTEMA LPD's . Strategy testing is critical to select the best performing signals for the pair and time-frame.  Some of these are plotted in the screenshots that follow.

The first buffer of the indicator (not plotted) is a trading signal. +10 for going long, and -10 for going short, or zero for exiting trades. This signal is accessed by using the iCustom function call.




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Stop searching for and trying new indicators! Get Winshots Massive FX Profits indicator and set yourself apart from the crowd.  Years of trading experience led us to the building of this all in one indicator! Trade like the pro with Winshots Massive FX Profits! This indicator uses the following methodologies to help you become a more consistent profitable trader: - MARKET VOLUME PROFILE - DAILY CANDLE OUTLINE  - ATR LEVELS - DAILY PIVOTS LEVELS - PRICE CYCLES ANALYSIS What is VOLUME PROFILE?
TrendMaestro
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Attention: beware of SCAMS, TRENDMAESTRO is only ditributed throught MQL5.com market place. note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.5 TRENDMAESTRO recognizes a new TREND from the start, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes a
Smart Price Action Concepts
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This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATE NOTICE: Smart Price Action Concepts   is currently available for $200. The price will   increase to $299   after the next   30 purchases. SPECIAL OFFER:  After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profes
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