TrendBox Indicator

2.5

The indicator looks for consolidation (flat) in the market at a certain time, builds a box-channel and marks levels indented from it for a breakdawn. After crossing one of the levels, the indicator marks the zone for take profit and calculates the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area of the market, with the beginning of a trend movement to enter it.

Version for MT5: https://www.mql5.com/en/market/product/58380

Benefits:

  • a unique search system for consolidation (flat) by adjusting to the market;
  • does not redraw;
  • can be used on any timeframe and currency pair;
  • flexible settings for more accurate results;
  • a complete system of alerts from messages, mail to PUSH notifications.

Main parameters of the indicator:

TakeProfit
 -
 takeprofit level
Buffer
 -
 indent in points from the formed box-channel  
BarsAnalyze
 -
 number of analyzed bars
MaxDelta
 -
 maximum channel box size
StartHour
 -
 hour of the beginning of the analysis of the trade to set the box-channel
StopHour
 -
 trading analysis end hour
Alerts
 -
 enabling the alert system in case of level breakout
AlertMessage
 -
 breakdown alert
SoundMessage
 -
 sound message
EmailMessage
 -
 message about level breakdown to the mail specified in the terminal
PushMessage
 -
 PUSH message to mobile phone


All values in points are indicated in 4-digit format, 5-digit translation is carried out automatically.

The indicator can be used as a separate trading system, or as an addition to an existing one.
On the screenshots below you can see examples of using the indicator on the chart.

Avis 9
Cazz223
818
Cazz223 2022.06.07 03:02 
 

Pretty cool indicator. Good work! Thanks for sharing.

Rodney A Hughes
141
Rodney A Hughes 2021.07.29 13:30 
 

Love this indicator when I am trading all 6 of my pairs at once. It gives accurate signals 80% of the time, however, I use the opposite side of the signal for SL. Thank you for your hard work. How can I donate money to you for this FREE signal???

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Filtrer:
Tomi Luv
824
Tomi Luv 2024.02.20 00:32 
 

It doesn't work. I ran through back tester and it's redrawing every candle. No TP is displayed. noting is drawn on H4 or Daily. No sure what's wrong with it. If it updated, I will leave new review.

yalewang
1120
yalewang 2023.05.04 16:48 
 

no uesful

Achisholm
164
Achisholm 2023.03.13 17:53 
 

All in all it's a good Indicator but it says it has and UPDATE Button for the Indicator but I don't see it nowhere in site

Torsten Wiese
48
Torsten Wiese 2022.11.22 23:59 
 

Doesn`t work for me.

Darlyn Antoni Ramirez Almonte
307
Darlyn Antoni Ramirez Almonte 2022.06.08 20:51 
 

Hello, I would like to buy the source file of this indicator, please, could we communicate?

Cazz223
818
Cazz223 2022.06.07 03:02 
 

Pretty cool indicator. Good work! Thanks for sharing.

Elusive Pimpernel
182
Elusive Pimpernel 2021.11.08 13:37 
 

Does not work as described.

PepePaulo
24
PepePaulo 2021.10.09 04:55 
 

Qual a assertividade dele ?

Rodney A Hughes
141
Rodney A Hughes 2021.07.29 13:30 
 

Love this indicator when I am trading all 6 of my pairs at once. It gives accurate signals 80% of the time, however, I use the opposite side of the signal for SL. Thank you for your hard work. How can I donate money to you for this FREE signal???

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