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TTF Candles AM

5

This indicator is based on the idea of a popular Trend Trigger Factor indicator. The indicator determines a price movement direction comparing high and low of the current candle with high and low of a price for a longer period.


The indicator parameters

  • longTTFbars - number of candles to calculate the price movement direction for a longer period of time (cannot be less than 2)
  • shortTTFbars - number of candles to calculate the price movement direction for a shorter period of time (cannot be less than 2)
  • indBarsCount - this parameter affects only the display of the indicator and determines a number of candles where the indicator is displayed (if 0, the indicator will be displayed on all candles of the chart)

If set by default, the indicator generates following signals:

  • A formed candle has Lime color - the indicator confirms consistent growth of highs and lows of the price. There are good reasons to place Buy Stop orders on high of the first candle having such color.
  • A formed candle has Red color - the indicator confirms consistent fall of highs and lows of the price. There are good reasons to place Sell Stop orders on low of the first candle having such color.
  • A formed candle has Gray color - the indicator shows that the trend is weak. If you have an open position, it makes sense to place Stop Loss orders on the High/Low of the first candle having such color.

The indicator does not redraw.

Comentarios 1
fxpat
112
fxpat 2021.05.27 11:29 
 

good indicator for experienced traders....!

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Gold Stuff: un indicador de tendencia diseñado específicamente para el oro, también se puede usar en cualquier instrumento financiero. El indicador no se vuelve a dibujar ni se retrasa. El marco de tiempo recomendado es H1. Este indicador está escrito por EA Gold Stuff Advisor, puede encontrarlo en mi perfil. IMPORTANTE! Póngase en contacto conmigo inmediatamente después de la compra para obtener instrucciones y bonificación! PARÁMETROS Draw Arrow - incl.desactivado. dibujar flechas en el grá
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Trend Scanner
Trend Scanner
Vladimir Kalendzhyan
By purchasing this indicator, you have the right to receive a free copy of one of   my other indicator's or advisor’s!  (All future updates are included. No limits) . To get it , please contact me by  mql5 message ! The Trend Scanner trend line indicator displays the trend direction and its changes. The indicator works on all currency pairs and  timeframes. The indicator simultaneously displays multiple readings on the price chart: the support and resistance lines of the currency pair, the exist
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Best Heiken Ashi VQZZ Scanner Dashboard
Best Heiken Ashi VQZZ Scanner Dashboard
Abir Pathak
Scanner Dashboard for Best Heiken Ashi VQZZ Arrows Indicator here: https://www.mql5.com/en/market/product/45900 Updated description and all extra indicators/templates are here: https://abiroid.com/extras/best-heiken-ashi-vqzz-system-extras Please note that if you are using too many pairs/timeframes, then VQZZ calculations might slow down the dashboard. So be careful not to use too many VQZZ Higher timeframes if you are using too many pairs. Dashboard Symbols: Please refer to Screenshots f
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Macd trend filter
Macd trend filter
Mustafa Sabir
1:Produces simple open signals,no repaint. 2:Useful for new traders. 3:Shows trend signals using macd signals. 4:, M30, h1, h4 works well in time zones. 5:wait for the bar to close. 6:Blue color for an al sign. 7:Red color for sell. 8:Change the parameters and make your own settings. Indicator gives alert when a new signal is received. My advice: use H4 time zone
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TheStrat Levels
TheStrat Levels
Robert Gerald Wood
This indicator draws the prior Highs and Lows for multiple timeframes, and can display potential Take Profit and Stop Loss levels. In Rob Smith's # TheStrat   terms,   these are potential entry points, or alternatively potential targets for open positions. I like to use them in both ways. On a lower timeframe, say 5 minutes to get a good entry on a daily or weekly level, and then as a potential target. Very small stops required giving an excellent risk/reward ratio. Please watch the DEMO video f
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Investment Castle Supply and Demand MT4
Investment Castle Supply and Demand MT4
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
Supply and Demand indicator does not repaint as it counts the number of tests/retests occurred in the past x number of times. As a trader you need a path to be able to place your buy and sell trades such as: Supply and Demand, Falling & raising channels . Experienced trades will draw the key levels and channels around the timeframes. But, they will not be able to draw them on the small time frames as the price changes too frequent. This indicator is based on Shved supply and demand indicator, b
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Fibo Heart Indi
Fibo Heart Indi
Mohd Khairol Amin Ramli
Must be owned and used by Fibonacci traders who like to open position by pending order (limit order). The strategy is that you just have to wait for the automatic custom fibonacci appear then manual place your pending order, stop loss and take profit at the level of Fibonacci. The position will be opened when the price make a successful retest. Fibo Heart Indi come with pop-up alert, email and mobile push notification. Suitable for all instruments and all time frames.  Don't miss the trading set
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Quantum Live Camarilla Levels Indicator
Quantum Live Camarilla Levels Indicator
QUANTUM TRADING SOFTWARE LIMITED
The words powerful, unique and game changing are ones that are often over used when applied to trading indicators, but for the MT4/MT5 Quantum Camarilla levels indicator, they truly describe this new and exciting indicator completely. Why? Because the indicator has something to offer every trader, from the systematic to the discretionary and from swing trading to breakout trading. And it’s not an indicator which is simply used for entries. The Camarilla indicator delivers in all areas, from ge
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TrendH1
TrendH1
Aleksandr Masterskikh
Опытные трейдеры знают, что точность большинства индикаторов оставляет желать лучшего. “ Trend_h1 ” – это трендовый индикатор для входа в рынок при торговле на основных валютных парах на таймфрейме H 1. Основным преимуществом индикатора является повышенная, по сравнению с традиционными индикаторами,   точность выявления активного участка тренда (до 72%). Поэтому сигналы индикатора можно использовать для входа в рынок без дополнительной фильтрации. Отсутствие каких-либо настроек является дополнит
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Channels Indicator
Channels Indicator
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
Channels indicator does not repaint as its based on projecting the falling and raising channels. As a trader you need a path to be able to place your buy and sell trades such as: Supply  and Demand , Falling & raising channels. Falling and raising channels can be in any time frame and also can be in all time frames at the same time and the price always flows within these channels. Experienced trades will draw the key levels and channels around the timeframes. But, they will not be able to draw
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Reversal 4 Signal
Reversal 4 Signal
Reda Hadhod
The indicator displays market entry arrows based on RSI, MFI, DeMarker, CCI and Multi Stochastic. Inputs period — values of all indicators used. Enable_Alert — audio and text notifications on a trend change. Send_Notifications — push notifications to mobile devices. E-mail alert — email notifications. Make sure to configure email parameters in the terminal settings. Features The indicator does not repaint. The indicator does not recalculate. The indicator works on all timeframes. The indicat
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Andriy Matviyevs'kyy
The indicator implements Bill Williams' idea. A buy signal appears when a High level of one of the closest previous bars (with ascending Highs) is broken through. A breakthough of the lines displayed by the indicator serves as a market entry/exit signal. The indicator features a customizable parameter allowing you to use a group of bars (rather than a single bar with a higher High) to define a balance line. Parameters Sensitivity - indicator sensitivity defining the number of bars, the High va
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Andriy Matviyevs'kyy
This indicator is an interpretation of the Commodity Channel Index (CCI) indicator, which measures the deviation of the commodity price from its average statistical price. High values of the index point out that the price is unusually high being compared with the average one, and low values show that the price is too low. CCI Signal AM displays overbuy/oversold zone entry/exit point prices, as well as CCI crossing the middle point between the overbuy/oversold zones. Settings CCIPer ( >0) - the
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fxpat
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fxpat 2021.05.27 11:29 
 

good indicator for experienced traders....!

Respuesta al comentario
Versión 4.0 2016.06.21
Revised the code.
Added auto correction of invalid settings.
Versión 2.0 2016.05.04
The description added to the indicator code.
Versión 1.4 2015.07.21
Fixed display of a limited amount of candles.
Fixed checking the indicator calculation data sufficiency.
Versión 1.3 2015.06.01
In the updated indicator version, the candlesticks, on which the indicator signal on a longer period conflicts with the signal on the shorter period, are painted in a gray color. The indicator values equal to zero are also colored in gray.