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Channel Vertex Pro

5

Channel Vertex is a price action pattern formed by price Chanel and a triangle pattern .

Price channels basically indicates possible support and resistance zones around a price movement and retracement  or breakout at these levels can indicate possible trend continuation or reversal . 


Majority of the times price fluctuations forms triangle patterns defined by 3 vertexes , these triangle patterns most times defines a trend continuation. A triangle pattern is a trend continuation pattern that forms as a result of the struggle between supply and demand in a market . 

Combining a price channel and a triangle pattern makes it easy to spot positions where trend continuation are sustainable and less inclined to fail .

Channel vertex is a non repaint and non repaint indicator designed with accurate stats dashboard to inform the trader on profitability in terms of accuracy and pips .


Product Features 

  1. Non repaint 
  2. Non Backpaint 
  3. Accurate statistics dashboard 
  4. Profit in Accuracy percentage (%) calculated 
  5. Profit in pips calculated 

 

STATISTICS DASHBOARD INFORMTION

Some of the major information given by the statistics dashboard includes :

1.) Current Stop Loss & Take Profit : The stop loss and take profit of the current pattern formed is shown on the stats.

2.) Accuracy : The accuracy of all signals is calculated as the percentage of the total signals that were profitable. 

            Accuracy   = (Profitable Signals /Total Signals)*100

  Also along with the accuracy calculated the profitable signals and the total signals counted are also displayed for transparency.

3.) Counted Days : Total number of trading days counted given the current history tested. With this information along with the Net Profit, traders can calculate their average daily profit.


INPUT MENU SETTINGS


The basic settings for the indicator are as follows :

  • Chanel Period : The period value for the channel , the greater the period , the greater the accuracy
  • Chanel Deviation : Deviation for the channel , the greater the deviation , the wider the channel becomes
  • Ma Type : Channel Moving Average Type
  • Pattern Amplitude : This is the period used to scan the triangle vertexes
  • Pattern History : History to use for the display
  • Show Dashboard : True / False
  • First TP Fib : Fibonacci ratio for the first Take Profit
  • Second TP Fib : Fibonacci ratio for the second Take Profit
  • Minimum Retracement : The minimal retracement value for the second leg of the channel vertex
  • Maximum Retracement : The maximal retracement value for the second leg of the channel vertex

YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY !

>>>  GO HERE TO DOWNLOAD



Avis 1
Vitalij Boev
567
Vitalij Boev 2023.11.14 08:51 
 

Seems good so far. Does the arrow redraw or repaint, once it is plotted? Or is the signal not valid until signal candle is closed?

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Elmira Memish
4.39 (36)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
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Igor Pereira Calil
5 (1)
Signal Bomb Bank : votre indicateur de confiance dans MetaTrader 4 Bomb Bank Signal est un indicateur puissant pour MetaTrader 4, conçu pour identifier les tendances les plus pertinentes du marché financier. Si vous recherchez un outil qui anticipe avec précision les mouvements, la Bomb Bank est l’alliée qu’il vous faut. Comment ça marche : Cet indicateur combine trois méthodes distinctes – analyse de volume, clôture de bougie et tendance symétrique – pour détecter et signaler les opportu
Master Pullback
TDINVEST LLP
5 (3)
- 50% OFF - Telegram group : https://t.me/+5RIceImV_OJmNDA0 MT5 version : https://www.mql5.com/en/market/product/85917?source=Site+Market+Product+Page Master Pullback is a complete system that gives unique trading opportunities and a clear indication of the market: trend, signals as well as stop loss and take profit levels. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, as well as the major trend. You
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CONGESTION BREAKOUT PRO This indicator scans the breakout of congestion zones . This indicator unlike any other congestion indicator you will find in the market right now,  it uses an advanced algorithm not peculiar to most traditional congestion indicators available today . The advanced algorithm used to define the congestions  is greatly responsible for the high rate real congestion zones and low rate fake congestion zones spotted by this product. UNDERSTANDING CONGESTION Congestion are
Note : The slow loading of the indicator issue has been addressed . This new version loads fast and does not slow the platform. Version 1.3 : We have updated the indicator to include an historical bar scanning option . So instead of scanning all bars in the history (which can make the indicator slow sometimes ) , you can select the maximum number of bars it can scan which can increase the performance and make the indicator faster. This indicator scans the 1-3 Trendline pattern . The indic
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YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD More About Advanced Currency Meter Every good forex system has the following basic components: Ability to recognize the trend direction. Ability to identify the strength of the trend and answer the basic question Is the market trending or is it in a range? Ability to identify safe entry points that will give a perfect risk to reward (RR) ratio on every position
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Noiros Tech
4.14 (7)
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Noiros Tech
2.6 (5)
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Noiros Tech
5 (1)
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Noiros Tech
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Noiros Tech
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Flag Pattern pro is a   Price Action (PA)   analytical tool that scans the   continuation patterns   known as   "Flag and Pennant Patterns"   . Flag and Pennant patterns are continuation patterns characterized by a move in a previous trend direction after a shallow retracement usually below 50% of the original move . Deep retracements can however be sometimes found at the 61.8 % levels. The original move is know as the   flag pole   and the   retracement   is called the flag. Indicator Fun
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Ask any successful forex traders the secret of their success and they will tell you that the first key to a successful forex trading is proper trade management. Trade management is what differentiates the rookie from the pro in Forex. While the rookie trades based on emotions and greed, the pro trades based on certain logic and rules . These logic and rules are all embodied in a successful Trade Management System. Advanced Trade Manager is a combination of different trade management systems desi
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Noiros Tech
3.63 (8)
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WOLFE WAVE PATTERNs First discovered by Bille Wolfe . The wolfe wave  is a 5 wave price action pattern that is formed by supply and demand in a market and the fight to reach equilibrium in the market . The entry spot of the pattern is defined by the breakout of the trend created by wave 1 and wave 3 . This pattern forms in any market where there is supply and demand thus it can also be used to trade commodities and stocks. Wolfe Waves are reversal patterns that usually carry a low risk margin. P
Flag Pattern pro is a   Price Action (PA)   analytical tool that scans the   continuation patterns   known as   "Flag and Pennant Patterns"   . Flag and Pennant patterns are continuation patterns characterized by a move in a previous trend direction after a shallow retracement usually below 50% of the original move . Deep retracements can however be sometimes found at the 61.8 % levels. The original move is know as the   flag pole   and the   retracement   is called the flag.   Indicator Fun
This indicator scans the 1-3 Trendline pattern . The indicator is a 100 % non repaint low risk breakout system . The patterns are formed around swing high and swing lows which make them a low risk pattern with high reward. PATTERN BACKGROUND The 1-3 Trendline Breakout pattern is formed by four(4) points which are composed of three (3) primary points and the pattern neck. A trendline is always formed by the point 1 and the neck of the pattern . When price breaks out of the trendline formed ,
Channel Vertex is a price action pattern formed by price Chanel and a triangle pattern . Price channels basically indicates possible support and resistance zones around a price movement and retracement    or breakout at these levels can indicate possible trend continuation or reversal .  Majority of the times price fluctuations forms triangle patterns defined by 3 vertexes , these triangle patterns most times defines a trend continuation.  A triangle pattern is a trend continuation pattern tha
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Vitalij Boev
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Vitalij Boev 2023.11.14 08:51 
 

Seems good so far. Does the arrow redraw or repaint, once it is plotted? Or is the signal not valid until signal candle is closed?

Noiros Tech
89939
Réponse du développeur Nesimeye Oswald 2023.11.14 11:27
No sir, it doesn't repaint or redraw. Any printed signal is valid until a new signal. If you ever notice any case of repainting , then let me know immediately in the comment section or via private message
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