The Periodic Low High (PLH) indicator for MT5 calculates a stoploss line by the peek or the close values of the last candles.
You can choose an offset for the SL Line and the number of candles past to include.
I use the indicator on DAX30 M1 Chart with an offset of 10 Points for example.
But you can use the indicator on any instrument and timeframe.
Please notice that the higher the choosen time frame the reliable the generated signals are.
The StopWatch indicator for MT5 shows the time which is left since the last position was opened.
Furthermore the indicator creats arrows at the entrypoints of all current positions.
On the right upper corner a clock with the current time can be displayed.
The fontsize, color and time offset of the clock can be choosen freely.
You can choose on yourself which of the three things you want to get displayed.
The ShowSessions indicator for MT5 shows up to two, self-selected, time intervals, for a free choosen number of days past and a few future days.
Weekends are marked with an additional red vertical line.
The indicator makes manuel backtesting of strategies more easily, but you can use ist for daily trading as well.
Please note that the server time does not always correspond to the actual time.
The Candlestick Patterns indicator for MT5 includes 14 types of candlestick signales in only one indicator.
- Long Candles: Often, very long candles are followed by a countermove.
- Inside candles
- Outside candles
- Two green or two red consecutive candles
- Three green or three red consecutive candles
- Range break candles (Fix amount of candles)
- Außenstäbe (Range break candles, dynamic amount of candles)
The inidcator creats a arrow above or under the signal candle and a
The Breakout Box for MT5 is a (opening) range breakout Indicator with freely adjustable:
- time ranges
- end of drawing time
- take profit levels by percent of the range size
- font sizes
It can not only display the range of the current day, but also for any number of days past.
It can be used for any instrument.
It displays the range size and by request the range levels and the levels of the take profit niveaus too.
By request it shows a countdown with time to finish range.