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Trap Zone

This indicator serves as an alert for climax regions.

How does it work?
When the 20-period arithmetic moving average meets the 200-period arithmetic moving average, a conflict region forms with two major opposing forces fighting.
This causes the price to show random peaks until a winner side is defined, which can be dangerous.
Therefore, the indicator paints the region between the moving averages to alert you.

How to use it?
It can be used for specific volatility or support and resistance strategies, but it is recommended to avoid operations within this region.
So it is useful to plot it on the chart to remember when to stay out.

Features you can edit to your preference:
- Maximum distance between the averages to start coloring the zone
- Color only regions of approximation between moving averages or also when they're distancing and widening the zone
- Color of painted area
- Color, thickness and style of moving averages
Comentarios 1
MAHMOUD SHWAISH
1874
MAHMOUD SHWAISH 2020.08.16 07:06 
 

Good job , good tool to identify the change in the trend .

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This  multi time frame and multi symbol  divergence dashboard indicator sends an alert when one or two different divergences have been identified on several time frames. It can be used with all time frames from M1 to MN . Max. 9 time frames can be shown in the dashboard at the same time . It is possible to enable moving average, RSI or Bollinger bands trend filter to filter out only the strongest setups. The free version of this indicator can be downloaded  here   for testing before you decide t
39 USD
Breakout Scanner Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT5)  Breakout Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to automatically identify high probability breakout patterns. And it does this by finding very strong, symmetrical pennants and triangles. IMPORTANT FACTORS TO KEEP IN MIND: Pennants and triangles are some of the best possible entry areas. As they allow you  to have excellent risk and reward ratios. And this is one of the most important factors  in the institutional trading world.  PLEASE NOTE: 
79 USD
AguiaTraders F12 PRO
Renato Fiche Junior
This tool was developed to help traders on candle by candle and replay training. In the indicator settings, the user can set the training start datetime. The indicator will autommatically hide all candles after this datetime. So the user can make studies before starting the training. Starting the training, the user can simulate your trades quickly and easily! Note: Demo version for testing can be found here: https://www.mql5.com/en/market/product/38314 This is a product developed by Renato F
70 USD
Bears Bulls Complex MT5
Leonid Basis
The Bull and Bear Power indicators identify whether the buyers or sellers in the market have the power, and as such lead to price breakout in the respective directions. This particular indicator will be especially very effective when the narrow histogram and the wide histogram reside on the same side (above or under the Zero line)
30 USD
Filtro:
MAHMOUD SHWAISH
1874
MAHMOUD SHWAISH 2020.08.16 07:06 
 

Good job , good tool to identify the change in the trend .

Respuesta al comentario
Versión 1.2 2020.10.09
Improved code.
Versión 1.1 2020.08.20
Updated moving averages.