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BeST Trend Scanner

BeST  Trend  Scanner is an MT4 Indicator that uses a proprietary algorithm  in order to identify the most likely levels and probable moment for an upside  or a downside trending price move.

BeST  Trend  Scanner is a useful tool that is trying to simplify the Entry Process and also to capture the most of every trending move of prices. This indicator protects from prematurely exiting of a trade as well as detects rapid and significant changes of market conditions leading in an Exit from a trade and at the same time in Reversing of our Position in the Market. Obviously it can be used for both sides of the Market (Long & Short) and in this way operates automatically detecting the appropriate side of the price move. 

Additionally the BeST Trend Scanner Indicator defines in advance and with a high statistical percentage of accuracy the subsequent Resistance & Support Levels of the anticipated upside or downside trending move of price and so generates Buy or Sell arrows at the beginning of an Uptrend or Downtrend respectively but also during the development of the corresponding trend while also sends immediately an Alert Message and so in this way the  Indicator offers the chance for daily trading with favorable probability.

It is important to emphasize that even though the losing trades are not missing like in every trading system or method, usually the losses they give are less than profits derived from the profitable ones. (i.e. some signals can make a profit up to 150 - 200 pips or more). 

It is also important to note that this particular tool does not accurately define the Exit from a trade since it deals exclusively with the identification of appropriate points of Entry into the market. So it is necessary the parallel use of a good Exit Strategy along with an appropriate Risk and Money Management method as this Indicator is not a complete and proven system. 

Filtering Signals


We can use H1 and M30 timeframes in order to determine the trend (both must give the same Signal) and after this we can wait for the same signal in M15 timeframe to enter the trade.

This Indicator is not

  • Repainting  Arrows.
  • Providing  Proven Exits.
  • a Complete Trading System.

Inputs


Basic Settings

  •  Show Comments or Not  for selecting to Show or Not an information table (Comments) in the upper left corner of the Chart, including the following:

                   · The Current Position Type: Long / Short / Neutral.

                   · The Number of Bars for which we are In the current Open Trade.

                   ·  The theoretical Entry Price in each trade, i.e. the Open Price of the next bar  

                       after  the Signal (Signal = Arrow).

                   · The Open Profit (Profit / Loss) in pips for the current trade

                      Note:  All the above are updated in Real Time.

  • Get Alerts or Not  for selecting to get or not an Alert Message immediately after a Buy or Sell Signal (Arrow).
  • Show Entry Price Level or Not  for selecting to Show or Not on the Chart an horizontal line representing the level of the theoretical Entry Price in each trade, i.e. the Open Price of the next bar after the Signal (Arrow).
  • Select the color for the Buy Price Line
  • Select the color for the Sell Price Line 

Arrows Settings

  • Select to Show or Not Arrows
  • Select the distance between Bars and Arrows
  • Select the size of Arrows 

Strategy Parameter

  • Select Strategy Aggressiveness  for selecting through a multiplier factor the aggressiveness of the underlying strategy meaning the number of arrows produced.     


Note: 


All of the above are updated in Real Time

 

For EA Developers

  • Buy Arrow :             Buffer = 4
  • Sell Arrow :             Buffer = 5


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Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
147 USD
MQLTA Support Resistance Lines
MQL4 Trading Automation
MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This indicator can be tested LIVE on AUDNZD with the following DEMO https://www.mql5.com/en/market/product/26572 How does it work? The indicat
59 USD
Trend Line Map Pro
Sayadi Achraf
⭐️ ⭐️ ⭐️ ⭐️ ⭐️      TREND LINE MAP  ⭐️⭐️⭐️ ⭐️⭐️ Trend Line Map indicator is an addons for Trend Screener . It's  working as a scanner for all signals generated by Trend screener ( Trend Line Signals )  . Important Note : 1.  Active Signals Performance via  TREND LINE MAP INDICATOR ( Daily Update )    ► Click Here 2. Trend Line Map is a Trend Line Scanner based on Trend Screener Indicator. Please make sure that you get Trend Screener Pro before getting Trend Line Map indicator. 3. 
49 USD
Advanced Currency IMPULSE with ALERT
Bernhard Schweigert
Este indicador es una herramienta de transacción única, de alta calidad y asequible porque hemos incorporado una serie de características propias y una fórmula secreta. Con solo un gráfico, da Alertas para los 28 pares de divisas. ¡Imagina cómo mejorarás porque puedes identificar el punto de activación exacto de una nueva tendencia u oportunidad de crecimiento! Basado en nuevos algoritmos subyacentes , hace que sea aún más fácil identificar y confirmar operaciones potenciales . Esto se debe a qu
78 USD
Naked Forex Tweezer Pro Indicator for MT4
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
177 USD
Bruces Price Predictor
Bruce Webb
*Non-Repainting Indicator Message Me Immediately After Purchase For VIP Installation Help and Free Strategy     Bruce's Price Predictor is an indicator that shows precise price reversals. A great arsenal to add to any chart.  Bruce's Price Predictor points price reversals with high degree of accuracy and it is great for scalping on the 1min time frame, Or swing trading on the 1hr time frame. Buy and sell arrows are shown on the chart as for entry signals. They do not repaint but confirmation ent
50 USD
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
119 USD
Arbitrage Thief Index
Philip Pankaj
"It's not about how much you do, but how much love you put into what you do that counts."    - Mother Teresa Today you have the ability to unlock the most powerful trading Indicator.In my trading Carrier,I have been using this indicator to take a perfect entry and exit with nice safe profit.And with full trust,Today I'm sharing this secret strategy with you.Great fund manager never risk their trade on one single order,instead they take more trade orders at different instrument to build an effec
89 USD
Classic Keltner Channel
Muhammad Elbermawi
Or CKC . ⭐⭐⭐⭐⭐ This indicator works depending on the classic ten-day moving average rule described by Chester W. Keltner (1909–1998). All parameters are set to the classic version of the Keltner system by default, while the user can change them if he wants. Try Demo before you buy:  https://www.mql5.com/en/market/product/47130 Read CKC Manual: https://www.mql5.com/en/blogs/post/736577 CKC Expert Advisor Example: https://www.mql5.com/en/blogs/post/734150 About Keltner Channel Formula Calculate
60 USD
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