WPR LB bar AM

The indicator identifies the strength of the trend based on the points where the WPR indicator exceeds the overbought and oversold levels.

The indicator does not redraw.

This indicator:
  • Suitable for all markets; 
  • Not redrawn;
  • Intuitive and simple;
  • It can be useful for both beginners and experienced traders;
  • Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction;
Settings:
  • Ind_Period (>1) - period of the indicator;
  • OB - Overbought level value;
  • OS - Oversold level value.

The other indicators of the Level Break (LB) series can be found among my works.

Feedback and suggestions are welcome.

Attention:

Please note that any market is constantly changing and there is no guarantee that methods that have been effective in the past will show the same results in the future.

To minimize potential losses, you should regularly optimize the product parameters, study the results of its work and withdraw part of the profit received.

It is recommended that before using the product on a real account, you test its work on a demo account in the same market and with the same broker where you plan to trade.

With respect and best wishes,

Andrii Matviievskyi


P.S.

If you liked this product, I would be grateful for a fair assessment - positive user reviews motivate the author, and reasonable criticism allows us to make products better.

I suggest visiting my page where you will find many unique author's works that are the result of many years of studying exchange trading and FOREX trading.

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Non Repaint Trend Bands
Ravshan Chuliev
5 (1)
Indicators
Channel Trend Bands  MTF – A Comprehensive Indicator for Market Analysis MetaTrader 5 Version Simple to Use, Effective in Application User-Friendly and Suitable for All Traders This indicator stands out due to its straightforward functionality. Whether you're a beginner exploring the market or an experienced trader refining your strategy, this tool offers valuable insights. Using a Triangular Moving Average (TMA) with additional ATR-based bands , it provides structured market data to support w
M W Pattern Pro
Noiros Tech
4.14 (7)
Indicators
M & W Pattern Pro is an advanced scanner for M and W patters , it uses extra filters to ensure scanned patterns are profitable. The indicator can be used with all symbols and time frames. The indicator is a non repaint indicator with accurate statistics calculations. To use , simply scan the most profitable pair using the statistics dashboard accuracy , then enter trades on signal arrow and exit at the TP and SL levels. STATISTICS : Accuracy 1 : This is the percentage of the times price hits TP
Extreme Value Sniper MT4
Elmira Memish
Indicators
Extreme Value Sniper is a detrended price indicator  Indicator finds the potential reversal levels by checking value ranges and price cycles. MT5 Version of the product :  https://www.mql5.com/en/market/product/114550 It shows the overbought and oversold levels using the average range. Overbought Levels are between 4 and 10 Oversold levels are bewtween -4 and -10 Those levels can be used as a reversal levels. Extreme Value Sniper look for some special divergence and convergence patterns to c
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ADX Signal AM
Andrii Matviievskyi
4.67 (3)
Indicators
This indicator is an interpretation of the Average Directional Movement Index (ADX), which helps to determine the presence of a price trend. It was developed and described in detail in the book "New Concepts in Technical Trading Systems" by Welles Wilder. The presented indicator displays signals on the price chart when +DI and -DI cross and signals when the ADX value falls or rises in relation to the mutual arrangement of +DI and -DI. The indicator's buy signals also work as a support level, whi
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Step RSI AM
Andrii Matviievskyi
5 (2)
Indicators
The presented indicator is an original development based on the classic technical analysis indicator - RSI. To smooth out sharp fluctuations in the indicator values, a filter is used that cuts off weak changes and focuses the trader's attention on strong fluctuations in the values. The indicator does not repaint on formed bars. For greater efficiency of this indicator, it should be used together with indicators that identify the trend direction, as well as support/resistance levels. The indicat
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Limit Levels AM
Andrii Matviievskyi
5 (1)
Indicators
The presented indicator sets dynamic support/resistance levels on the price chart. The indicator is easy to use and can be useful for both beginners and professional traders. The middle line of the indicator (Central level) helps to identify the current trend: If the closing price is above the central line - the trend is ascending. If the closing price is below the central line - the trend is descending. The presented indicator allows implementing another version of the trading strategy, which w
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EasyTrend AM
Andrii Matviievskyi
5 (1)
Indicators
The presented product is a trend indicator of technical analysis that allows you to open a position at the very beginning of a significant price movement. The most important qualities of the presented indicator are: The ability to follow the trend for as long as possible to get all the potential profit; Minimization of potential losses in case of a trend reversal or significant correction. The indicator has a wide range of customizable parameters allowing it to be used effectively in any market.
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ADX Trigger AM
Andrii Matviievskyi
5 (2)
Indicators
This indicator is an interpretation of the Average Directional Movement Index (ADX), which helps to determine the presence of a price trend. It was developed and described in detail in the book "New Concepts in Technical Trading Systems" by Welles Wilder. The indicator determines entry points into the market, using the intersection of the +/- lines of the ADX indicator as a signal, as well as the rise or fall of the main line of the ADX indicator. Crossing the zero line by the indicator indicate
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Market Pulse AM
Andrii Matviievskyi
5 (1)
Indicators
The presented indicator analyzes the direction of the short-term and long-term trend for specified periods, taking into account the volatility of the market. This approach allows combining high sensitivity of the indicator with a high probability of execution of its signals. The principle of use is extremely simple: the indicator histogram is greater than 0 - a buy signal / the indicator histogram is less than 0 - a sell signal. The indicator allows you to configure two types of parameters: fast
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Double PSAR AM
Andrii Matviievskyi
5 (1)
Indicators
This indicator is the author's implementation of the classic indicator Parabolic Support and Resist (PSAR). A time-tested product that allows you to not only determine entry/exit points but also reasonable levels for setting protective stop orders. The indicator has two customizable ranges, which allows you to identify long-term and short-term trends. The indicator does not repaint on the data history. The indicator has the ability to give signals and send notifications about them to e-mail and
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SuperTrend AM
Andrii Matviievskyi
5 (2)
Indicators
The presented product is a trend indicator of technical analysis that builds dynamic support/resistance levels based on the volatility of a financial instrument. The indicator allows you to determine the entry points into the market at the moment the price overcomes dynamic support/resistance level and to set a reasonable level for fixing a loss/profit. The indicator is a simple and effective tool that (depending on the parameter settings) can be used in almost any market and for any trading st
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ADX Line AM
Andrii Matviievskyi
4.75 (4)
Indicators
This indicator, interpreting ADX and ATR data, clearly and accurately identifies the current trend, allowing the trader to get the most out of strong price movements. The indicator is intuitive to use: a change in line direction means a change in trend direction; a change in line color warns of an imminent change in direction. The indicator does not repaint and allows you to send notifications about its signals to a mobile terminal and email. Configurable parameters: ADX_Medium_Coefficient - the
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Limit Line AM
Andrii Matviievskyi
Indicators
This indicator is a line built on the maximum/minimum price values ​​that go beyond the channel of maximum/minimum prices taken over a longer period. Two types of channels are used simultaneously: The first - built on the maximum/minimum for the selected period (Ind_Period); The second - built on the smoothed value of the maximum/minimum price values ​​(Smoothing_Channel, Shift_Channel). To calculate the indicator, the highest/lowest value from the two channels is taken. The indicator allows yo
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ASC Signal AM
Andrii Matviievskyi
Indicators
A signal indicator marking buy/sell points. In this version, it is supplemented with optimal SL points. Recommended for use in conjunction with a trend indicator to filter signals. The indicator has only one adjustable parameter that determines its sensitivity, which greatly simplifies setting the indicator to the current market and the user's trading style. Indicator signals are given only after the full formation of the bar. The indicator can be used to trade any market. Its basic parameters p
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DSS Signal AM
Andrii Matviievskyi
Indicators
This indicator displays DSS Oscillator AM signals on the price chart. The calculation of DSS Oscillator AM values is similar to the stochastic indicator. The confirmation of the indicator's signal is the overcoming by the price of the high/low of the bar on which the signal was given by the indicator. Settings: Price - the price at which the indicator is calculated; EMA_Period - smoothing period; Stoch_Period - oscillator period; OB_Level - overbought level; OS_Level - oversold level; Show_Move
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Fine Trade AM
Andrii Matviievskyi
5 (2)
Indicators
The presented indicator evaluates the volatility of a financial instrument and provides highly effective signals about moments of significant changes in the direction of price movement. The indicator is intuitive and easy to use. The indicator signal is generated after the completion of the formation of the bar on which the indicator changes its position relative to zero. The indicator never redraws the signal. The indicator signals must be confirmed by the price exceeding the maximum/minimum of
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TTF Line AM
Andrii Matviievskyi
Indicators
The presented indicator draws a trend line and points of change in its direction on the price chart based on the TTF (Trend Trigger Factors) and ATR indicators. The indicator advantageously combines ease of use, speed of reaction to a change in trend direction and reliability of signals. The indicator is intuitive to use: Change in line direction - change in trend direction; Change in line color warns of an imminent change in direction. The indicator does not repaint and allows you to send notif
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Fractal Levels AM
Andrii Matviievskyi
Indicators
The presented indicator is an original development based on the idea embedded in the classic technical analysis indicator - Fractals. The Fractals indicator allows you to determine a significant trough or peak for analysis on the price chart of the financial instrument in question. The fractal itself on the price chart consists of candles, the middle of which is either the highest (up fractal) or the lowest (down fractal) of all the candles taken for analysis. The original indicator uses five ca
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RSX Signal AM
Andrii Matviievskyi
Indicators
The indicator displays the signals of the RSX Oscillator. The main type of signal is given when the oscillator exceeds the 0 value. If the "Sensitivity" parameter increases above zero, the main signal will also be given when overbought/oversold levels are overcome, defined as zero plus sensitivity and zero minus sensitivity. An additional signal is given when the direction of the oscillator line changes. It is optimal to use the indicator signals as signals to open a trade when the price overcom
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Discrete Line AM
Andrii Matviievskyi
Indicators
The presented indicator allows you to visualize the direction of the trend while cutting off minor price fluctuations. The indicator's customizable parameter (Filter) determines the number of points for the current financial instrument that the indicator cuts off in the process of determining the trend. Despite its simplicity, the indicator can be useful for both beginners and experienced traders. The indicator marks trend reversal points and can send notifications of such signals to the termina
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RSX Oscillator AM
Andrii Matviievskyi
Indicators
The indicator displays the RSX oscillator in a separate window.  The indicator's signals are best used as signals for opening a deal when the price breaks the high or low of the bar on which the signal was given. The opposite signal cancels the previous signal. Settings: Data period for indicator calculation - data period for indicator calculation; Price used to calculate the indicator - price used to calculate the indicator; Oversold level (-1=> 0 <=1) - oversold level; Overbought level (-1=>
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MFI LB bar AM
Andrii Matviievskyi
Indicators
The indicator identifies the strength of the trend based on the points where the MFII indicator exceeds the overbought and oversold levels. The indicator does not redraw. This indicator: Suitable for all markets;  Not redrawn; Intuitive and simple; It can be useful for both beginners and experienced traders; Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction; Settings: Ind_Period (>1)   - period of
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AlphaTrend AM
Andrii Matviievskyi
Indicators
The presented indicator, based on the volatility readings of a financial instrument plots dynamic S/R levels on the price chart. The indicator determines the trend and points to possible entry points formed by local highs/lows. The indicator allows you to notify the user of its signals by sending messages to the terminal and e-mail. The indicator does not repaint or recalculate. Signals when working with the indicator: The appearance of a red arrow above the price chart is a possible start of a
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MFI Signal AM
Andrii Matviievskyi
5 (1)
Indicators
This indicator displays signals on the price chart based on the classic indicator, the Money Flow Index (MFI). Volume is taken into account when calculating MFI values. The MFI can be used to identify overbought and oversold zones in the market. This indicator allows you to display several types of signals on the price chart: MFI crossing the midpoint between the overbought and oversold zones; MFI exiting the overbought or oversold zone; MFI entering the overbought or oversold zone; fast MFI and
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Simple Trend AM
Andrii Matviievskyi
5 (1)
Indicators
The trend is your friend. A simple truth known to every trader. The presented indicator allows you to visualize the current trend. The indicator identifies the trend using the following definition as an algorithm: A trend is a situation when each subsequent maximum price rise is higher/lower than the previous one, and similarly each subsequent maximum price fall is higher/lower than the previous one; The beginning of a new trend is considered to be when the current maximum/minimum overcomes all
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Laguerre BoB AM
Andrii Matviievskyi
5 (1)
Indicators
The indicator improves the idea implemented in the standard Bulls and Bears indicator. This indicator displays the difference between the High and Low for the current period of time and the values ​​of the channel constructed at the maximum and minimum prices, which are smoothed by Laguerre method. The growth of the indicator values ​​above zero indicates that the High for the current period is greater than the average of the High prices. This situation in most cases indicates an increase in the
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RSI LB bar AM
Andrii Matviievskyi
Indicators
The indicator identifies the strength of the trend based on the points where the RSI indicator exceeds the overbought and oversold levels. The indicator does not redraw. This indicator: Suitable for all markets;  Not redrawn; Intuitive and simple; It can be useful for both beginners and experienced traders; Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction; Settings: Ind_Period (>1)   - period of t
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Deep River AM
Andrii Matviievskyi
Indicators
The presented indicator is the author's implementation of the classic trading idea: Moving averages of different periods diverge over time on a strengthening trend and converge on a weakening trend. The proposed product allows you to clearly demonstrate: The direction of price movement; Temporary price rollbacks; Zones of multidirectional price movement. Namely: The indicator lines go up and diverge from each other - a strong bullish trend; The indicator lines go down and diverge from each othe
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REI Oscillator AM
Andrii Matviievskyi
Indicators
The presented product is the author's implementation of the REI (Range Expansion Index) indicator developed by Thomas DeMark. REI Oscillator AM is an indicator that measures the rate of price change and signals overbought/oversold conditions if the price shows weakness or strength. The indicator value changes within the range from -100 to +100. Thomas DeMark suggests using the default period of 8 and the following algorithm for using the indicator: When the price rises above level 60 and then fa
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DSS Oscillator AM
Andrii Matviievskyi
Indicators
The presented indicator is the author's implementation of the Double Smoothed Stochastic oscillator developed by William Blau and Walter Bressert. The calculation of values ​​is in many ways similar to the calculation of the classic stochastic oscillator. The indicator takes into account the location of the current price relative to local highs/lows. The indicator gives signals about changing its direction and/or about entering/exiting the overbought/oversold zone. The signal is given after the
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Bulls or Bears AM
Andrii Matviievskyi
5 (1)
Indicators
The presented indicator implements the idea embedded in the classic technical analysis indicators - "Bulls" / "Bears" at a new level. The "Bulls or Bears AM" indicator displays the difference between the maximum and minimum prices for the current period of time and the values ​​of the channel built on the maximum and minimum prices for a longer period. The growth of the indicator values ​​above zero indicates that the maximum price for the current period is greater than the average value of maxi
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CCI LB bar AM
Andrii Matviievskyi
Indicators
The indicator identifies the strength of the trend based on the points where the CCI indicator exceeds the overbought and oversold levels. This indicator: Suitable for all markets;  Not redrawn; Intuitive and simple; It can be useful for both beginners and experienced traders; Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction; Settings: Ind_Period (>1)   - period of the indicator; Price   - price f
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