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Pentagram

Automatic marking of the chart with Pentagram models.

This model is based on the Expansion Model from Adversa Tactics. Designed to determine the trend and predict possible levels and targets of price correction in the future.

The model describes a developing trend.

The trend is relevant until the price crosses the trend line of the model in the opposite direction.

Levels of rays of the pentagram, level of HP, distances of 100% and 200% of the distance between points 1-4, levels of HP are possible levels of correction or the end of the trend.

If the HP level is consistently reached, a rollback to t4, t5, the trend line followed by a breakout, successive achievement of the target levels tg1..tg5 is expected.


Options

- = indicator = - - general

ChartType   - the way of building models - by Close or by High / Low (line chart or Japanese candlesticks)

MaxBarsToCalculate - history depth for markup by models

Select New Model - select   or not new models

Font size for price labels - font size for price labels at model levels

Font size for point labels - font size for numbering model points

--= Configure Alerts =--    Configure Alerts

Enable  Alerts  —  general switsh

Alert1..Alert5  —  select up to 5 diffirent events 

PopUp Alert  —  enable popup

Email Alert  —  enable email, required set up mail in the terminal

Push Notifications Alert  —  Allow replies to mobile terminals, requires allowance for Push messages in the terminal settings

Alert Sound  —  enable sound

--= Model's Rules =-- — setting model parameters

Bars for point 4  number of bars to fix the reference point 4

Enable 4' in model  enable construction on tangent point 4

Minimal Base (1-3), bars - the minimum allowable size of the model base (distance between points 1 and 3)

Maximum Model size (1-4) - the maximum allowable size of the model (distance between points 1 and 4)

LT length in CP-4 - the length of the trend line on the chart in CP-4 units - the distance between the sacral point and point 4

Max distant CP from 1 in 1-3 - the maximum allowable removal of the sacral point, at which the model can still be considered expanding

- = Color Scheme = - - color scheme of models depending on the location in the trend

clrUpTrend - upward pattern from the beginning of the trend

clrDnTrend - a descending pattern from the beginning of a trend

clrUpCorrection - correctional model

clrDnCorrection - - // -

clrUpContinuation - continuation model

clrDnContinuation - - // -

- = Graph Options = - - display of levels

Always Show 100% 1-4 - 100% 1-4, the distance between points 1 and 4 of the model deferred from point 4

Show_Tg1_100 - 100% 1st target

showTg3 - goal 3

showTg4 - target 4

showTg5 - target 5

- = Control bars = - - display of control points

showLinkBar , showBreakLT , showLastBar, showPiclose - experimental points, disabled by default


Controlling the display and detail of   models

You can select the model of interest by clicking the left mouse button

1st click - the model is highlighted with bold lines

2nd click - display model details, price labels, control points

3rd click - deselect

Hotkeys

S - hide / show models, except selected ones

> - highlight the next model

< - select the previous model

ESC - cancel all selections


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Title: "Daotradingfx - The Perfect Key for Wave Trading with 7 Years of Experience" Forex trading is never easy, but with the daotradingfx indicator, I have found a reliable partner, unlocking the door to success in wave trading. Built on the foundation of my 7 years of trading experience, this indicator is not just a tool; it is a comprehensive canvas of market understanding and convenience in trading. Daotradingfx stands out with its ability to use multiple timeframes, a crucial feature t
Channel Cluster
Vitalyi Belyh
5 (2)
Cluster indicator working in the price channel. For operation, the indicator builds a channel line - (dashed line). Inside the channel, cluster sections are determined that determine the direction of the price movement - (histograms in two directions), start with large arrows. Small arrows are plotted above / below each histogram - indicator increase volatility. The indicator does not redraw the values. Works on any tools and timeframes. Entrances are made when large arrows appear, inside s
Introducing the "Magic Trades" for MetaTrader 4 – your ultimate tool for precision trading in dynamic markets. This innovative indicator revolutionizes the way you perceive market trends by harnessing the power of advanced analysis to detect subtle changes in character, paving the way for optimal trading opportunities. The Magic Trades Indicator is designed to empower traders with insightful entry points and well-defined risk management levels. Through its sophisticated algorithm, this indica
Trend Flasher Trend is your friend is the age old saying quote in trading arena, there are though many ways to gauge the trend and its direction, more scientific measure and logically meaningful will be an ATR break outs to identify and spot the trend and its acceleration, so we created this easy to use trend identification panel and optimized super trend based multi time frame panel entry system to aid and help the traders to make their trading decision. Unique Features of Trend Flasher 1
Oni Scalper
Goh Cheng Wai
5 (2)
Dear Onis, This Indicator is used for   GBPUSD, US30 and GOLD on 1-Min Chart . For US30 , Depending on your broker, Minimum Lot Size will differ from 0.01 to 1.0 lots. My Current Account is trading at 1.0 lots at $1 per point . Please check with your Broker what's the Margin Required for your Minimum lot sizes before you trade on your Real account. I have Forward Tested the indicator for around 6 months before releasing it to the public. ( No Demo is available for the Indicator, Strategy
VTrende Pro mt4
Andrii Diachenko
3 (2)
VTrende Pro MT4 - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro  MT4 is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-
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Renko, Heiken Ashi, Ticks Bar, Range Bar.    Easy switching, easy setup, all in one window.        Place the Custom Chart indicator and view Renko, Heiken Ashi, Tick bar, Range bar charts in real time at real chart.    Position the offline chart window so that the indicator control panel is visible.    Switch the chart mode by click of a button.    Connect to the output chart any indicator, expert advisor without any restrictions.    No, it doesn't work in the tester.    Yes, you can use an
Pentagram MT5
Andrey Ziablytsev
5 (2)
Automatic marking of the chart with Pentagram models. This model is based on the Expansion Model from Adversa Tactics. Designed to determine the trend and predict possible levels and targets of price correction in the future. The model describes a developing trend. The trend is relevant until the price crosses the trend line of the model in the opposite direction. Levels of rays of the pentagram, level of HP, distances of 100% and 200% of the distance between points 1-4, levels of HP are possibl
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Versión 2.60 2022.01.22
Fixed problems with drawing negative price values, such points are necessary for the correct display of the lines and levels of the model.

Added alerts of your choice - sound, message, push notification to the terminal, letter, for events such as the formation of a new model, the achievement of key model levels by the price.
Versión 2.59 2021.08.17
Building models both by the Close lines and by the High/Low points.
You can also use both types of plots simultaneously by placing two copies of the indicator on the chart.