Dark Bands MT5
- Indicateurs
-
Marco Solito
Do you have Questions about my Products? STOP! For a quick answer, do NOT write to me on mql5. Instead, contact my super fast assistant: https://www.mql5.com/en/users/shiv5 or use my website: https://darkeas.com/submitticket.php Hello, I'm Marco and I'm an mql4 and mql5 programmer from 10 years - Version: 1.0
Dark Bands is an Indicator for intraday trading.
This Indicator is based on Counter Trend strategy but use also Volatility.
We can enter in good price with this Indicator, in order to follow the inversions on the current instrument.
Key benefits
- Easily visible take profit/stop loss lines
- Reliable bands lines with futuristic colors, and Intuitive directional arrows
- Useful statistics, which indicate the win rate of the signals
- ➕ Plus Package available, leave a feedback to receive it for free
- Automated adjustment for each timeframe and instrument
- Easy to use even for beginners
- Never repaints, never backpaints, Not Lag
- 100% compatible with Expert Advisor development
- All types of alerts available: Pop-up, Email, Push notification and sound alerts
- Highly customizable settings
It is advised to use low spread ECN brokers.
This Indicator does Not repaint and Not lag.
Recommended timeframes: All.
Recommended working pairs: All.
Recommendations
- An Ecn broker is always recommended for your manual trading ► Recommended Brokers
- The indicator is very intuitive, follow the arrows to open the trades
Parameters
Main settings
- Maximum Bars: Max number of bars for apply the indicator
- Line Method: General method for calculate the indicator
- Show Lines: if true, show bands lines
- Show Arrow: if true, show arrow
- Volatility Period: number of bar for analyze volatility
Bands settings
- Period: N° of bars to consider when calculating the bands- Multiplier: This value determines the distance of the bands from the price
- Shift: Indicators line offset relate to the chart by timeframe
- Method: Calculation method for the bands
- Price: Prices to use for calculate the indicator
Line width
- Width 1: Line size 1
- Width 2: Line size 2
- Width 3: Line size 3
Alert settings
- Enable Alert: The indicator will send an alert on your platform
- Enable E-Mail: Receive an email when there is a signal
- Enable Push Notification: Send a Push notification on your mobile (metatrader app)
- Use Beep Sound: Uses a custom sound for the signal
- Sound name: The name of mt4/mt5 sound
TP and SL lines
- TP1 Multiplier: Distance for the first take profit
- SL1 Multiplier: Distance for the first stop loss
- Show TP and SL lines: if false, hide TP and SL lines
- Show Info Panel: if false, hide Statistics
- Custom chart: if true, color the chart with my favorite colors
For other questions or support for this tool, contact me.
So far, I have been using it for a week. I think the signal for opening a position is good. My method involves scalp trading on the short-term cycle. If there is a signal on the long-term cycle, I will enter the market on the short-term cycle first and then follow the trend to look at the long-term cycle. Currently, it is the stop-loss position that I am not sure about. Overall, it is a very good indicator. I hope to get the Plus version.