Extremum catcher

1

The Extremum catcher indicator analyzes the price action after breaking the local Highs and Lows, generates price reversal signals with the ability to plot the Price Channel. If you need the version for MetaTrader 5, see Extremum catcher MT5.

The indicator takes the High and Low of the price over the specified period - 24 bars by default (can be changed). Then, if on the previous candle the price broke the High or Low level and the new candle opened higher than the extremums, then a signal will be generated on the zero candle an arrow for entering a deal (reversal) will be drawn, and the extremum levels will be marked with lines on the chart.

It is possible to filter the Highs as confirmed (Extremum) or unconfirmed (Maximum), this option can be enabled in the settings.

In order to receive push notifications to your mobile terminal, you should properly configure your MetaQuotes ID in terminal settings (see the article for details).


Settings

  • barPeriod - the number of candles to search for local extremums.
  • Alert - enable sound notification about signal appearance.
  • Send notifications - allow sending push notifications to your mobile terminal.
  • Type search by - type of entry searching, based on formed extremums - Extremum, or based on maximums - Maximum.
  • Show Local Extremum and Maximum - enable/disable display of the local levels;
  • Show all Extremum and Maximum - enable/disable display of all used levels;
  • Show Price Channel - display the Price Channel indicator on the chart;
  • Arrow indentation - offset for arrows. If the arrows on the chart get in your way (they are placed at candle Open), this option allows to move them away from the candles;
  • Color Sell - color of the Sell arrow;
  • Color Buy - color of the Buy arrow;
  • Color Price Channel - color of the Price Channel (if it is enabled).


Indicator buffers

  • 0 - Upper border of the Price Channel;
  • 1 - Lower border of the Price Channel;
  • 2 - Buy signals, if there is no signal = EMPTY_VALUE;
  • 3 - Sell signals, if there is no signal = EMPTY_VALUE.
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L'indicateur montre avec précision les points de retournement et les zones de retour des prix où le       Acteurs majeurs   . Vous repérez les nouvelles tendances et prenez des décisions avec une précision maximale, en gardant le contrôle de chaque transaction. VERSION MT5     -     Révèle son potentiel maximal lorsqu'il est combiné à l'indicateur   TREND LINES PRO Ce que l'indicateur montre : Structures et niveaux d'inversion avec activation au début d'une nouvelle tendance. Affichage des nive
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Dynamic Forex28 Navigator - L'outil de trading Forex de nouvelle génération. ACTUELLEMENT 49 % DE RÉDUCTION. Dynamic Forex28 Navigator est l'évolution de nos indicateurs populaires de longue date, combinant la puissance de trois en un : Advanced Currency Strength28 Indicator (695 avis) + Advanced Currency IMPULSE avec ALERT (520 avis) + CS28 Combo Signals (Bonus). Détails sur l'indicateur https://www.mql5.com/en/blogs/post/758844 Qu'offre l'indicateur de force de nouvelle génération ? Tout
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L'indicateur est conçu pour tracer des canaux horizontaux et des zones de signal, détecter les ruptures d'extrêmes, les rebonds et les objectifs basés sur des niveaux de Fibonacci personnalisables (avec ou sans alertes sonores). Il applique automatiquement les niveaux de Fibonacci choisis à ces extrêmes. Lorsque le prix franchit les niveaux de Fibonacci activés dans les paramètres, l'indicateur peut émettre un son, afficher un message, envoyer une notification push vers le terminal mobile ou un
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If you use the MFI (Money Flow Index) indicator, the waiting time till the next signal can be long enough. Now you can avoid sitting in front of the monitor by using MFI Alerts. This is an addition or a replacement to the standard MFI oscillator . Once there appears an MFI signal on the required level, the indicator will notify you with a sound or push, so you will never miss a signal. This is especially significant if you follow the indicator in different timeframes and currency pairs, which ca
Cet indicateur est une modification de l'indicateur RSI Alerts, mais sans fenêtre d'indicateur RSI séparée et avec des flèches de signal directement sur le graphique du symbole. Cela permet d'économiser de l'espace sur le graphique du symbole, sans perdre la qualité des signaux et des notifications reçus. Tout comme RSI Alerts, l'indicateur peut fournir des alertes sonores, des notifications push, la possibilité d'envoyer des messages par e-mail a été ajoutée, ainsi que le dessin de flèches à l'
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rainwalker123
3431
rainwalker123 2019.06.04 23:15 
 

Another useless indicator. Dont waste your time and money.

The indicator plots arrows against the mommentum, this shows, that many coders don´t have a clue how to code inicators tons of false signals against the trend.

amfels07
493
amfels07 2016.10.22 01:04 
 

L'utilisateur n'a laissé aucun commentaire sur la note

rahul05
215
rahul05 2016.10.18 17:41 
 

L'utilisateur n'a laissé aucun commentaire sur la note

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