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Decision Zone

Decision Zone is an indicator that defines decision zones for previously selected pivots. In decision zones the user can more safely decide whether the wave that has reached this zone is correction or impulse.

Zone levels were based on Fibonacci expansion along Elliot waves and case analysis.

Trading Strategy:

Basically, when the market wave reaches the decision zone at * Level 1.0 *, there is great potential for this wave to be an impulse or correction wave. If it is impulse, the wave will break * Level 1.27 * with force. In the event of a correction the wave does not break * Level 1.27 * and a loss of strength is noted, which reverses the direction of the market.

To select the pivot use the "A" key (if it is high pivot) or "B" key (if it is low pivot) and then click on three pivot peaks.

"A" key: Creates a high decision zone.
"B" key: Creates a bearish decision zone.
"R" key: Removes one decision zone at a time from the last created zone.
"L" key: Removes all decision zones.

"T" key: Activates all four levels of the decision zone.

"H" key: Activates the Opening price and the current Maximum and Minimum price lines.


Update - Version 1.20

  • Added two more decision zone levels, now totaling 6 (six) levels.
  • Bug fix that occurred when changing the time frame sometimes bugged and it was not possible to remove the last decision zone plotted using the 'R' shortcut.
  • Added one more feature that plots the Open Trading price line and the latest Low and High price on the chart. To activate the functionality use the 'H' key and it is possible to remove using the 'L' key that clears every graph.


https://youtu.be/oKcufBatglE

Tags: decision zone, decision zone, impulse indicator, correction indicator, buy, sell, buy, stop or move, sell.



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The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full" ve
52 USD
M15 Manual Scalping System NRP MT5
Sergey Efimenko
The indicator is a ready-made manual trading system for scalping. The default parameters are set for М15. The indicator parameters can be customized individually. After a bar is closed, the main values ​​are not redrawn except for dynamic support/resistance zones and fractal trend lines. Market entry conditions should be evaluated on a closed bar. Before buying, make sure the candle is green, the direction change symbol (by default, it is a dot) is light blue and the current candle opens near th
50 USD
TTM Squeeze Indicator for MT5
Renaud Candel
TTM Squeeze is an indicator to time entries based on volatility. Good timing might be more important than direction. If you are right with direction but you don't have correct timing then you could end up losing money in the market. If you have good timing and only pick direction correctly 50% of the time you might be profitable with correct risk management. The indicator will plot red and white points (squeeze line in the center) and histogram (above and below the center line). When the indic
147 USD
Engulfing Bar Indicator for MT5
Renaud Candel
Engulfing Bar Indicator is a pattern recognition indicator for Forex and Binary Options. The Engulfing Bar Indicator is a slightly enhanced pattern of the popular engulfing candle. The strategy that comes with the Engulfing Bar is purely based on price action. Inputs Distance: distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): enable alerts PopAlerts (true/false): enable popup alerts EmailAlerts (true/false): enable email alerts PushAlers
97 USD
Pivot Prof
Paul Anscombe
Un indicador excepcional ... Obtenga increíbles oportunidades comerciales con Pivot Prof y use los niveles que usan los profesionales, ¡mejore sus operaciones hoy! Pivot Prof es rico en funciones y utiliza algoritmos únicos para calcular y mostrar los niveles de negociación de múltiples marcos de tiempo en un solo gráfico fácil de leer, y proporciona alertas de terminal, móvil y correo electrónico, además de personalización completa. Actualización importante Maximice el potencial de Pivot P
69 USD
Blahtech Market Profile MT5
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
95 USD
LT Easy Market
Thiago Duarte
Easy Market makes the market easier to trade. It allows you to see an "eternally" side (no trend) market, making it extremely easy to see when the price is overbought or oversold. Both trend and consolidation traders will like Easy Market. You can use it as an auxiliary window (below chart) or in full screen mode. See the screenshots and note how it gives you accurate entries! Free demo version:   https://www.mql5.com/pt/market/product/41869 Free signals emitter:   https://www.mql5.com/en/market
50 USD
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Versión 1.20 2019.10.21
Added two more decision zone levels, now totaling 6 (six) levels.

Bug fix that occurred when changing the time frame sometimes bugged and it was not possible to remove the last decision zone plotted using the 'R' shortcut.

Added one more feature that plots the Open Trading price line and the latest Low and High price on the chart. To activate the functionality use the 'H' key and it is possible to remove using the 'L' key that clears every graph.
Versión 1.10 2019.08.23
Strategy Tester bug fix: The lines created did not end at the end of the current day, the Tester works at a different time than scheduled for actual performance and therefore generated a bug.

Added new levels: Level 0.0, Level 2.5, Level 2.618.