Kourosh Hossein Davallou
Kourosh Hossein Davallou
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12+ years
experience
36
products
67
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0
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I have been programming in MetaTrade since 2005
Kourosh Hossein Davallou Published product

🎯 Advanced Renko & Point & Figure Indicator for EURUSD Win/Loss Pattern Analysis + Smart Trade Timing This powerful indicator combines two proven strategies—Renko and Point & Figure (P&F)—into one comprehensive tool for analyzing EURUSD trends, recognizing patterns, and managing risk. With smart Box Size calculation (Fixed or ATR-based), moving average filters, and win/loss pattern detection, traders can make sharper, data-driven decisions. 🌟 Key Features ✅ Hybrid Renko +

Kourosh Hossein Davallou Published product

Advanced Renko & Point & Figure Indicator with Win/Loss Pattern Analysis This powerful indicator combines two proven strategies— Renko and Point & Figure (P&F) —into one comprehensive tool for trend identification, pattern recognition, and risk management. With   dynamic Box Size calculation   (Fixed or ATR-based),   moving average filters , and   win/loss pattern detection , traders can make smarter, data-driven decisions. 🌟 Key Features   ✅  

Kourosh Hossein Davallou Published product
Reviews: 1
FREE

Of course. Here is the product description for "RenkoVP for MetaTrader 4 RenkoVP for MetaTrader 4 (EURUSD Only) RenkoVP is a powerful, fully online Renko-based indicator designed specifically for analyzing the EURUSD currency pair. It provides traders with a clean, noise-free view of market structure by combining traditional Renko bricks with advanced volume profile analysis, dynamic Fibonacci tools, and automatic pattern recognition—all without the need for problematic offline charts. 📦 Core

Kourosh Hossein Davallou Published product

Order blocks are essential   structures in trading   that indicate areas where large   institutional traders , like banks and hedge funds, have placed their orders. These blocks represent significant price levels where substantial buying or selling activity has occurred, providing clues about potential market movements. So, why should you, as a trader, care about order blocks? Well, knowing where these big orders are placed can give you a huge advantage. It’s like having a map

Kourosh Hossein Davallou Published product

40.00 USD

📌 Introducing RenkoVP Indicator for MetaTrader 4 RenkoVP is a professional tool for price structure analysis that runs fully online on the main chart—no need for offline charts like many other Renko indicators. It combines Renko bricks, volume profile, dynamic Fibonacci levels, and automatic pattern recognition to help traders identify trends, key zones, and precise entry/exit points. 📦 Renko Bricks – Manual & Auto Configuration No offline chart required – runs directly on the main chart

Evgeny Belyaev
Evgeny Belyaev 2025.08.07
useful indicator
Kourosh Hossein Davallou
Kourosh Hossein Davallou 2025.08.07
Thank you
Kourosh Hossein Davallou
Kourosh Hossein Davallou
Title"Combining Volume Profile, Zigzag, and Fibonacci in Kourosh’s Custom Indicator for Precise Market Structure Analysis"--- IntroductionVolume Profile is a powerful tool for visualizing the distribution of traded volume across price levels. Unlike traditional indicators that display volume over time, Volume Profile reveals where the most trading activity occurred.- POC (Point of Control): The price level with the highest traded volume in a selected range—often acting as the market’s gravitational center.- VAH / VAL (Value Area High / Low): The upper and lower bounds of the value area, typically containing 70% of total volume. These zones often serve as strong support or resistance. Why Historical Volume Still MattersUnderstanding past volume behavior is key to building high-probability strategies:- Market Psychology: High-volume zones reflect collective decision-making and often become future reaction levels.- Order Clustering: Institutions tend to place large orders near POC. If price revisits these zones, reactions are likely.- Pattern Recurrence: Human behavior in markets is cyclical—volume-heavy zones from the past often remain relevant.> In short, POC is not just a historical marker—it’s a magnetic zone that price may gravitate toward again.--- Introducing Kourosh’s Custom IndicatorThis multi-functional indicator integrates three powerful tools into one seamless interface: 1. Zigzag Structure- Automatically detects swing highs/lows and wave formations- Adjustable sensitivity to filter out market noise!Zigzag Indicator Example 2. Volume Profile on Demand- Activate Volume Profile on any price range using anchor points- Displays POC, VAH, VAL with precision- Ideal for analyzing accumulation/distribution zones!Volume Profile Example 3. Customizable Fibonacci Retracement- Add any ratio you prefer (e.g. 0.382, 0.618, 0.786, or custom levels)- Perfect for identifying PRZ (Potential Reversal Zones)- Works beautifully with Volume Profile overlaps!Fibonacci Retracement Example--- Strategy Framework Using the Indicator Step 1: Market Structure Analysis- Use Zigzag to identify dominant waves- Confirm trend shifts with CHOCH or BOS Step 2: Define PRZ- Apply Fibonacci retracement to the wave- Look for overlaps with VAH, VAL, or POC Step 3: Entry Confirmation- Wait for price reaction at PRZ (e.g. rejection candles, volume spikes)- Set stop-loss below VAL or PRZ- Target 1: Return to POC- Target 2: Breakout toward next value zone---
Kourosh Hossein Davallou
Kourosh Hossein Davallou
In the first chart setup, the strategy was based on a smart confluence of technical elements:

🔸 Price had retraced to the 50% Fibonacci level following a prior downtrend, signaling a possible corrective move.

🟢 There was a demand zone at that level, showing previous strong buying interest.

📐 The lower boundary of a flag/wedge formation aligned perfectly with this Fib level, hinting at a breakout opportunity.

🔁 A bullish Change of Character (CHoCH) had just formed, suggesting a structural shift from bearish to bullish momentum.

📊 Supporting evidence: bullish candles forming at support and a low-volume pullback, ideal for catching a breakout early.

👉 The plan: Enter long at or just above the 50% level, with stop-loss below the wedge and targets toward 61.8% and beyond.

✅ How the Second Chart Validates the Strategy
In the updated chart:

✅ Price respected the 50% zone and reversed upward, triggering the planned buy entry.

🚀 The wedge pattern broke to the upside, confirming the structural breakout.

📈 A second CHoCH formed, reinforcing that bulls had regained control.

🎯 Price reached the 61.8% target zone and was pushing toward extended Fibonacci projections (e.g. -100%).
Kourosh Hossein Davallou Published product

Description: Elevate your chart analysis with this advanced indicator that seamlessly integrates Zigzag structures, Fibonacci retracements, and Volume Profile insights. Designed for traders who seek clarity and precision, this tool visually identifies high-probability price patterns and market turning points. Whether you're tracking CHOCH shifts, pinpointing POIs, or analyzing TRIPLE tops and FLAG formations, this indicator offers the depth and flexibility to adapt to any trading strategy

Kourosh Hossein Davallou
Kourosh Hossein Davallou
📊 Key Rules of the Point & Figure (P&F) Strategy 📊
1️⃣ Identify Anchor Column 🎯
Must have at least 15 boxes (📏 confirms strong trend).

If bullish (X-column) ➔ ✅ Buy Setup 📈

If bearish (O-column) ➔ ✅ Sell Setup 📉

2️⃣ Wait for 3 Inside Columns ⏳
After the anchor column, next 3 columns must stay inside the high/low of the anchor.

❌ Invalid if:

Sell Setup: Any column breaks the high of the anchor.

Buy Setup: Any column breaks the low of the anchor.

3️⃣ Trade Entry 🚀
For Buy Setup (Bullish Anchor):

Enter on Double Top Breakout (New X-column breaks above previous X-high) ✅ BUY 🟢

For Sell Setup (Bearish Anchor):

Enter on Double Bottom Breakdown (New O-column breaks below previous O-low) ✅ SELL 🔴

🎯 Example in Action
📉 Sell Setup Example:

Anchor Column (O-column) with 15+ boxes ➔ SELL SIGNAL 🚩

Next 3 columns stay inside the anchor’s range (✅ Valid)

Double Bottom forms (New O-column breaks low) ➔ SELL ENTRY 🔴

Stop Loss (SL) = High of the breakdown column 🛑

Take Profit (TP) = Use 2:1 Risk-Reward or Vertical Count 🎯

💡 Pro Tips
📏 Measure box size carefully (Too small = noise, Too big = late signals).

🔍 Combine with RSI/Moving Averages for stronger confirmation.

🎯 Use Vertical Count for bigger trends (Great for swing trading).

🚀 Ready to Trade?
Bullish? Look for X-column anchor + Double Top Break 🟢

Bearish? Watch for O-column anchor + Double Bottom Break 🔴

📌 Remember: Patience is key! Wait for 3 inside columns before jumping in! ⏳💡

Happy Trading! 🚀💰 😊
Kourosh Hossein Davallou
Published screenshot
XAUUSD, M1NOTESCO Int Ltd
Kourosh Hossein Davallou
Published screenshot
XAUUSD, M5NOTESCO Int Ltd
Kourosh Hossein Davallou
Published screenshot
XAUUSD, M15NOTESCO Int Ltd
Kourosh Hossein Davallou
Published screenshot
XAUUSD, M15NOTESCO Int Ltd
Pattern Searching
Kourosh Hossein Davallou
Kourosh Hossein Davallou
Published screenshot
XAUUSD, H1Alpari
Kourosh Hossein Davallou
Published screenshot
XAUUSD, H1Alpari
Kourosh Hossein Davallou
Published screenshot
Renko
XAUUSD, H1AlpariRenko
Kourosh Hossein Davallou Published product

Harmonic Price Patterns Indicator This indicator has the capability to manually display the closest harmonic pattern to you. It allows you to easily adjust its parameters and create your own custom harmonic pattern, while also displaying the price distance between each point. Key Features of the Manual Harmonic Pattern Indicator Harmonic Pattern Identification Detects popular harmonic patterns such as   ABCD, Gartley, Bat, Butterfly, Crab, and Shark . Displays patterns automatically or