Setup IFR2

Entry and exit signals from the IFR2 Strategy by Larry Connors in his book "Short Term Trading Strategies That Work".

Larry claims this strategy correctly predicted the shortterm direction of the S&P 500 83.6% of the time from 1995 to 2007.


How does it work?
The indicator activates the buy signal when the price closes above the 200-day moving average and the 2-period IFR closes below 5.
The sell signal is the opposite.

How to use it?
Enter the trade with a market order as soon as the candle closes with the buy signal.
There is no stop loss order neither take profit order.
The recommended exit is when the price closes above it's 5-period moving average.

Tip:
- Despite the author not recommending the use of a stop loss order, you can place one at the 200-period moving average just to be safe against unexpected sudden crashes and protect your capital.

Advantages:
- Let's you change the type of entry and exit arrows so you don't confuse with other indicators already in use.
- Can ring an alarm to draw your attention when there's an entry signal.
- Can pop an alert on the platform to inform you when there's an entry signal.
- Can send a push notification on your smartphone when there's an entry signal.

Features you can edit to your preference:
- Period of IFR
- Level of buy signal
- Level of sell signal
- Enable/disable trend filter
- Period of trend filter
- Distance between the arrow signals and the candle's high/low
- Type of the signal arrows, based on the Wingdings font
- Color and size of the signal arrows
- Enable push notifications
- Enable pop-up alerts
- Enable sound alarms
- Sound of the alarm

Who is the creator?
Larry Connors has over 30 years in the financial markets industry. His opinions have been featured at the Wall Street Journal, Bloomberg, Dow Jones, & many others. For over 15 years, Larry Connors and now Connors Research has provided the highest-quality, data-driven research on trading for individual investors, hedge funds, proprietary trading firms, and bank trading desks around the world.
Larry has been published extensively, with titles like "How Markets Really Work", "Short Term Trading Strategies That Work", "High Probability ETF Trading", and "The Connors Research Trading Strategy Series" including his latest Guidebook "High Probability Trading with Multiple Up & Down Days".

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Weltrade Spike Sentinel
Batsirayi L Marango
5 (1)
Introducing Indicator for PainX and GainX Indices Traders on Weltrade Get ready to experience the power of trading with our indicator, specifically designed for Weltrade   broker's PainX and GainX Indices.  Advanced Strategies for Unbeatable Insights Our indicator employs sophisticated strategies to analyze market trends, pinpointing optimal entry and exit points.  Optimized for Maximum Performance To ensure optimal results, our indicator is carefully calibrated for 5-minute timeframe charts on
CRT Multi-Timeframe Market Structure & Liquidity Sweep Indicator Non-Repainting | Multi-Asset | MT4 Version Available MT4 Version: https://www.mql5.com/en/market/product/162556 Full Setup Guide: https://www.mql5.com/en/blogs/post/767525 Indicator Overview CRT Ghost Candle HTF Fractal is a complete institutional-grade market structure toolkit for MetaTrader 5. It projects higher-timeframe candle structure, CRT trap levels, session levels, previous period highs and lows, pivot points, and a real
CGE Trading Suite
Carl Gustav Johan Ekstrom
5 (2)
Institutional-Grade Analytics for MT5 C GE Trading Suite delivers the analytical edge typically reserved for professional trading desks. The platform integrates a full suite of analytical tools into one seamless workflow: dynamic grid mapping, liquidity behavior analysis, ECM, trend lines, MIDAS, trade cycles, and directional channel projections. Together, these provide a unified view of market structure and momentum. Directional clarity is further enhanced by the capital flow index, which meas
AriX
Temirlan Kdyrkhan
1 (4)
AriX Indicator for MT5 A powerful trend-following and signal-evaluation tool AriX is a custom MT5 indicator that combines Moving Averages and ATR-based risk/reward logic to generate clear buy/sell signals. It visualizes dynamic SL/TP levels, evaluates past trade outcomes, and displays win/loss statistics in a clean on-chart panel. Key features include: Buy/Sell signals based on MA crossovers ATR-based SL/TP1/TP2/TP3 levels with visual lines and labels Signal outcome tracking with real-time stat
The Propfolio Master Suite is the ultimate all-in-one analytical workstation for professional traders. Combining the power of the Beat The Market Maker (BTMM) methodology, Smart Money Concepts (SND/Liquidity), and Advanced Volume Profile, this suite replaces a dozen different indicators with one heavily optimized, beautifully designed engine. Monitor up to 14 pairs simultaneously from a single chart, instantly identify market cycles, and seamlessly map institutional footprints with the click of
Daily Zone Breaker
Alex Amuyunzu Raymond
5 (1)
Daily Zone Breaker - MT5 Indicator  Overview Daily Zone Breaker is an advanced multi-kernel regression indicator that identifies critical price zones and breakthrough moments with surgical precision. Using sophisticated kernel smoothing algorithms, it filters out market noise to reveal true directional momentum and key trading zones where price is most likely to break through resistance or support levels.  What It Does Core Functionality Daily Zone Breaker analyzes price action through 17 differ
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Trap Zone
Luigi Nunes Labigalini
5 (1)
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 str
FREE
Your Trend Friend
Luigi Nunes Labigalini
5 (1)
The trend is your friend! Look at the color of the indicator and trade on that direction. It does not  repaint. After each candle is closed, that's the color of the trend. You can focus on shorter faster trends or major trends, just test what's most suitable for the symbol and timeframe you trade. Simply change the "Length" parameter and the indicator will automatically adapt. You can also change the color, thickness and style of the lines. Download and give it a try! There are big movements w
Setup 91 Larry Williams
Luigi Nunes Labigalini
4.5 (2)
Buy and sell signals based on Larry Williams's exponential moving average strategy 9.1 for trend reversals. How does it work? The indicator activates the buy and sell signal when a candle closes turning the 9 period EMA. How to use it? One way of using it, proposed by Larry Williams, is to enter a trade with a buy stop order one tick above the high of the candle with the buy signal, placing the stop loss order one tick below the candle's low. When there's a sell signal instead, place a sell s
Setup 92 Larry Williams
Luigi Nunes Labigalini
Buy and sell signals based on Larry Williams's exponential moving average strategy Setup 9.2 for trend continuation. How does it work? The indicator activates the buy signal when a candle closes below the previous low while maintaining the 9 period EMA's upwards.  For a sell signal, we need a candle closing above the previous high while maintaining the 9 period EMA's downwards. How to use it? One way of using it, proposed by Larry Williams, is to enter a trade with a buy stop order one tick
Setup 93 Larry Williams
Luigi Nunes Labigalini
Buy and sell signals based on Larry Williams's exponential moving average strategy 9.3 for trend continuation. Who is he? Larry Williams is an American stock and commodity trader, author of 11 books and creator of indicators such as the "Williams%R" and the "Ultimate Oscillator", with over 60 years of trading experience. Won the 1987 World Cup Championship of Futures Trading, turning $10,000 to over $1,100,000 in 12 months with real money. Ten years later, his daughter Michelle Williams won th
Setup 94 Larry Williams
Luigi Nunes Labigalini
Buy and sell signals based on Larry Williams's exponential moving average strategy 9.4 for failed reversals and trend continuation. How does it work? For an uptrend, we need a candle turning the 9 period EMA down and closing below it, followed by a candle turning the 9 period EMA up and closing above it, with a low higher than the previous candle's low.  For a downtrend, we need a candle turning the 9 period EMA up and closing above it, followed by a candle turning the 9 period EMA down and cl
Setups 9 Larry Williams
Luigi Nunes Labigalini
Buy and sell signals based on Larry Williams's exponential moving average strategies 9.1, 9.2, 9.3 and 9.4 for trend reversals and continuations. To understand the logic and how to trade the signals, please check: Setup 9.1:  https://www.mql5.com/pt/market/product/50986 Setup 9.2:  https://www.mql5.com/pt/market/product/52268 Setup 9.3:  https://www.mql5.com/pt/market/product/52269 Setup 9.4:  https://www.mql5.com/pt/market/product/52273 Notices:  - This indicator displays a lot of signals. B
Setup PC
Luigi Nunes Labigalini
Buy and sell signals based on the Continuous Point Setup for trend continuation, popularized in Brazil by Stormer and Palex. How does it work? The indicator activates the buy signal when we have prices above the ascending 21-period Simple Moving Average (SMA21) followed by a pullback and a touch on it.  For a sell signal we need the prices below the descending SMA21 followed by a pullback and a touch on it. How to use it? One way of using it, as suggested by Stormer, is to enter the trade
Joe DiNapoli
Luigi Nunes Labigalini
Buy and sell signals based on Joe DiNapoli's shifted 3 period exponential moving average strategy for trend reversals. Who is he? Joe DiNapoli is a professional trader and author that has been involved in the markets for more than 38 years. He is also a registered Commodity Trading Advisor (C.T.A.) for over 15 years and has taught his techniques in the major financial capitals of Europe, Asia, South Africa, the Middle East, Russia and in the United States. How does the indicator work? The ind
HiLo Points
Luigi Nunes Labigalini
This Indicator is based on the high's moving average and the low's moving average for trend following and/or trailing stops. How does the indicator work? The indicator plots the uptrend dots until there is a close below the moving average of the lows. When this happens, a downtrend begins and is plotted until there is a close above the moving average of the highs. When this happens, another uptrend begins. And so it goes. How to use it? - Trend following: You can use it as buy signals when th
Setup da Onda
Luigi Nunes Labigalini
Buy and sell signals based on the Wave Setup strategy for entering a trade on the pullback after a reversal. How does the indicator work? The indicator activates the buy and sell signal when their respective conditions are met.  For an uptrend, we need a reversal up on the EMA9 followed by prices above the ascending SMA21 making a pullback and a touch on it.  For a downtrend, we need a reversal down on the EMA9 followed by prices below the descending SMA21 making a pullback and a touch on it.
Setup DT Trap
Luigi Nunes Labigalini
Buy and sell signals based on the Day Trade Trap Strategy for failed breakouts, popularized in Brazil by Alexandre Wolwacz (STORMER). How does the indicator work? The indicator activates the buy and sell signal when their respective conditions are met.  For a buy signal, we need a bar making a low lower than the previous day low. On this moment, the signal is plotted with the secondary color. For a sell signal, we need a bar making a high higher than the previous day high. On this moment, the
Setup PFR
Luigi Nunes Labigalini
Buy and sell signals based on the Reversal Closing Price Setup for trend continuation, created by Stormer. How does it work? The indicator activates the buy signal when we have a low below the 2 previous lows and a close above the previous close. For a sell signal we need a high above the 2 previous highs and a close below the previous close. How to use it? One way of using it, as suggested by Stormer, is to enter the trade with a buy stop order one tick above the high of the candle with t
Setup Double 7s
Luigi Nunes Labigalini
Entry and exit signals from the Double 7's Strategy by Larry Connors in his book "Short Term Trading Strategies That Work". Larry claims this strategy predicted the market's direction over 80% of the time since 1995. Picking up the gains and being exposed in the market less than 25% of the time. Good for swing trading on Daily charts of SPY, Nasdaq, China's FXI, Brazil's EWZ and the majority of the equity ETFs and World Indices. How does it work? The indicator activates the buy signal when we
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