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Trailing on Last Top Bottom

30 USD

Demo downloaded: 38

Published: 31 March 2023

Current version: 1.0

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Trailing on Last Top Bottom

5

Utilities
Francisco Gomes Da Silva
Version: 1.0
Activations: 20

This tool places stops on your positions

Quickly test by Metatrade Strategy Tester.

Your stop will be at the last bottom in case of a long position
Or your stop will be at the last top in case of a short position

Furthermore, this tool manages the trailing of your open positions.

always place your stop at the last high formed or the last formed bottom

to create the tops and bottoms I use the free indicator "Supports and Resistances Lines" which is available for download at this link: download the free tops and bottoms indicator for metatrade 5

This tool moves the stop of all open positions on the asset where it was inserted

more...

Video Trailing on Last Top Bottom

Screenshot #1 Trailing on Last Top Bottom

10069

Aravind Kolanupaka 2023.07.20 14:47 #

Love the utility and convenience

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candlestick counter indicator this indicator counts candles that are on the chart of any timeframe a free bar counter for you to download on mt4 the candlestick counter counts how many candles there are inside a larger chart with this candle counter you can do the automatic candlestick count free candlestick count indicator for you to download and count bars automatically bar counter to count the bars count candle counter indicator mt4 count candle bar counter for MT5 If you are interested in th

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Trade System You choose a bar on the day to trade, when this bar closes the robot will send two orders a at the high other at the low of the candle, which gets again the other will be canceled Stop the stop will be one tick under the low on case of the buy, or one tick above the high on case of the sell Take The take can be setted how much you wants of the stop range, it can be costumized in the strategy otimization Otimization This robot have the input to get risck return, so you can run int in

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This indicator is a demo version of the complete My candle, which can be downloaded here: Candle Patterns Creator With the full version, you can create your own candle rules and modify a traditional candle pattern to be more accurate according to your strategy. The indicator includes several example candle rules, but here I will demonstrate only a few: Pattern Rule Candle Green C > O Candle Red C < O Doji C = O Hammer (C > O and (C-O) *2 < O-L and (C-O) *0.5 > H-C) or (C < O and (O-C) *2 < C-L a

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Save time and make more informed decisions with Sweet VWAP Aux If you haven't already downloaded our free VWAP indicator for Metatrader 4 , do it now and experience its incredible capabilities for visualizing anchored vwap. Then come back here and get to know Sweet VWAP Aux - the perfect extension for your Sweet VWAP indicator. With just one click, Sweet VWAP allows you to anchor the VWAP indicator at the point of your choice, saving time and eliminating the need to set it up manually. In additi

Previous Day's Close and Bar Shift Indicator for MetaTrader! The Previous Day's Close and Bar Shift Indicator is a tool designed to enhance technical analysis and decision-making in trading. With this indicator, you will have access to detailed information about the opening, high, low, and closing levels of any bar, allowing for precise and comprehensive analysis of market movements. Imagine having the ability to nest one timeframe within another, enabling detailed analysis of each bar across di

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Bollinger bands out/in strategy A strategy created by Joe Ross, and very useful for finding trades when the market is overloaded. Indicator You don't need to find where there are entries on the chart, this indicator shows them for you. The entrance The trade is confirmed when the price closes outside the bollinger bands on a candle and the candle after the price closes inside the bands. comment I want to improve this indicator, so you can help me sending me your reviews and comments, thanks :).

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Have you ever thought about having a scanner that scans all strategies and shows the buy and sell points for all timeframes of that asset, all at the same time? That's exactly what this scanner does. This scanner is designed to display the buy and sell signals you created in the Rule Plotter: strategy creator without programming and run them within this scanner on various assets and different timeframes. The default strategy for Rule Plotter is only bullish and bearish candles. This means that i

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TrendPlator: Empower Your Trading Strategies with an Advanced Trend Projection Indicator Explore the potential of our innovative indicator! With the ability to analyze and project trend lines from larger timeframes directly onto your current timeframe, it provides strategic support that catches the attention of traders across the board. These points become strategic levels of support or resistance for your trades, strengthening your trading strategy. Visualize the opportunity to add an indicator

This Expert Advisor has been designed to test and execute your strategies created within the Rule Plotter indicator. How to use: Download the indicator Rule Plotter - a tool for creating trading systems without the need for programming . Next, develop your strategies within the Rule Plotter indicator. Finally, execute your created strategies using this Expert Advisor. Parameters: Strategy: Your trading system created within the Rule Plotter indicator, allowing you to test and execute your custom

How to Create an Automated Trading Robot Have you ever wondered how powerful it would be to automate your trading strategies with just a few clicks of the mouse? Imagine having the freedom to create and test different trading strategies without the need to dive into complicated code. With Rule Plotter, this vision becomes a reality. Here we will explore how you can create your own custom trading robot using Rule Plotter, a trade-system creation tool that simplifies the entire process. What is Ru

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Patterns Wizard is a tool for creating candlestick patterns. With it, you can create various patterns and add as many instances of this indicator as you want on your chart, each with a different pattern. To better understand how creation formulas work, you can refer to the examples of the My Candle indicator, which has over 70 examples of candlestick patterns The main difference with this indicator is that it has 30 rule parameters , meaning you can set a different rule for each of the last 30 c

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Hide Scale - The ideal tool for traders who want to maximize chart space How to use Hide Scale Press "T" to hide the time scale and "P" to hide the price scale. You can customize the keyboard shortcuts by clicking on the corresponding buttons and choosing a new key for each function. If you want to hide both scales at the same time, you can assign the same key to both options. To display the scales again, simply press the corresponding key again. The reason behind creating this tool We developed

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Hide Scale - Tool for Traders Who Want More Screen Space Instructions Press "T" to hide the time scale and "P" to hide the price scale. You can customize these keys by clicking the corresponding button and typing a new key on your keyboard. To hide both scales at the same time, you can assign the same key to both options. To show the scales again, simply press the corresponding key again. Why We Created This Tool We created this Hide Scale tool to help traders who use our Sweet VWAP indicator to

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Patterns Wizard is a tool for creating candlestick patterns. With it, you can create various patterns and add as many instances of this indicator as you want on your chart, each with a different pattern. To better understand how creation formulas work, you can refer to the examples of the My Candle indicator, which has over 70 examples of candlestick patterns The main difference with this indicator is that it has 30 rule parameters , meaning you can set a different rule for each of the last 30 c

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Discover the Power of Risk Management with Price Action to Position Your Stop Loss! Have you ever experienced the situation where you know exactly when to enter a trade, but you're unsure about the right time to exit? Don't worry, you're not alone! Many traders face this challenge on a daily basis. The good news is that our price action-based risk management tool is here to solve this problem. While you focus on identifying the optimal entry points, our tool takes control and handles the trade e

Unveil Trading Insights with Auto Anchored VWAPs: Auto Anchored VWAPs serve as your guiding companion in the world of trading. These indicators pinpoint crucial market turning points and illustrate them on your chart using VWAP lines. This is a game-changer for traders who employ anchored VWAP strategies. How Does It Work? Identifying High Points: If the highest price of the current candle is lower than the highest price of the previous one, And the previous high is higher than the one before it

Trading Your Strategies Created with Rule Plotter Indicator with Rule Plotter Expert: Now that you have created your custom strategies using the Rule Plotter Indicator and visualized the arrows indicating entry and exit points on the chart, it's time to bring these strategies to life in the financial markets. With the Rule Plotter Expert, you can trade autonomously and accurately based on these arrows, making the most of the potential of your strategies Turning Arrows into Actions: The arrows ge

Transform your investment strategy with the Expert Advisor for MetaTrader investor robot. Based on the powerful Bollinger Bands strategy, created by Joe Ross and dubbed Paula by renowned Brazilian trader Rodrigo Cohen, you will have access to advanced technology that will maximize your profits and minimize your risks. Don't waste any more time with old and inefficient strategies. With our investor robot, you will have access to a highly accurate algorithm that combines technical analysis of ma

Define your own candlestick pattern and this indicator will show on the screen when this pattern appears You can test it for free in the Strategy Tester and see how many times your candlestick pattern appears on the asset of your choice You can also paint all candles of your pattern or just one This indicator is useful for candlestick analysis, for you to use in price action and with naked trade strategies. It is an indicator that shows the movement you choose How to Use the Indicators: AC AC[1

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Aravind Kolanupaka 2023.07.20 14:47 #

Love the utility and convenience

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Reply from developer Francisco Gomes Da Silva 2023.07.20 15:51 #

Thank you so much for taking the time to write a review, Aravind. I really appreciate it!