Passive Pip Hunter Trend Indicator MT5

Full description

TPPH Trend Indicator marks bullish and bearish signals when the fast and slow EMAs cross and the last closed candle on the next higher timeframe confirms the direction. The next timeframe is selected automatically from the active chart timeframe, from M1/M5 through daily/weekly charts.

An optional RSI filter can further restrict signals. The indicator can display potential entry, stop-loss, and target levels using an ATR-based stop distance and a selected reward-to-risk ratio. These values are visual estimates based on the signal candle and configured settings; the indicator does not place orders.

Signals require both a local crossover and higher-timeframe confirmation, so their frequency varies by symbol, timeframe, and available price history. Confirmation uses the last closed higher-timeframe candle rather than an unfinished candle.

Key features

- EMA crossover signals
- Confirmation from the automatically selected next higher timeframe
- Optional RSI filter
- Bullish and bearish chart arrows
- Optional potential entry, stop-loss, and target levels
- ATR-based stop distance
- Preset or custom reward-to-risk ratio
- Optional alerts and chart title
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