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Retracement Feeder

5


The Retracement Feeder checks for retracement opportunities after the first move has occurred. 

Basically it scans for the second wave of trend.

  • Works with any financial instrument, 
  • It does not repaint/change color or cancel arrows,
  • Easy to set and use.
  • Works great with Renko Charts

MT5 version: https://www.mql5.com/en/market/product/71340


How it works

  • The indicator is based on RSI and Stochastics. 
  • The algorithm used in the Retracement Feeder allows the Stochastic and RSI to minimize the turns and twists thereby reducing false oversold and overbought signals.
  • It scans for a buy retracement when the asset is oversold and for sells when overbought.
  • Place a buy entry if a candle opens above the upper trendline irrespective of the arrow that forms. If a sell arrow forms but the following candles open above the trendline open buy since the reverse signal has been initiated. Same rule applies to sells.

Settings

The indicator is straightforward to set up

  • Stochastic %K Period  [This is the Stochastic period. The tests have been conducted with a value of 100]
  • Stochastic %D Period   [This is the %D period. The tests have been conducted with a value of 1 ]
  • Stochastic Slowing   [This is the Stochastic slowing. The tests have been conducted with a value of 1 ]
  • RSI Period[The value can be adjusted if needed]
  • RSI Price  [You can tinker this, but close has been used to test efficiency]
  • Enable Alerts  [email, screen, and metatrader notifications alerts]
  • History Bars to Display  [This is the number of arrows you want to display on your mt4]

The default values work fine. Send me a PM for specialized settings for any of your instruments







Avis 1
zakey_ahmad
73
zakey_ahmad 2021.06.26 19:29 
 

good indicator

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Maintenant 147 $ (augmentant à 499 $ après quelques mises à jour) - Comptes illimités (PCS ou Mac) Manuel d'utilisation RelicusRoad + Vidéos de formation + Accès au groupe Discord privé + Statut VIP UNE NOUVELLE FAÇON DE REGARDER LE MARCHÉ RelicusRoad est l'indicateur de trading le plus puissant au monde pour le forex, les contrats à terme, les crypto-monnaies, les actions et les indices, offrant aux traders toutes les informations et tous les outils dont ils ont besoin pour rester renta
M1 Arrow
Oleg Rodin
5 (13)
Une stratégie intraday basée sur deux principes fondamentaux du marché. L'algorithme est basé sur l'analyse des volumes et des vagues de prix à l'aide de filtres supplémentaires. L'algorithme intelligent de l'indicateur ne donne un signal que lorsque deux facteurs de marché se combinent en un seul. L'indicateur calcule les vagues d'une certaine plage sur le graphique M1 en utilisant les données de la période la plus élevée. Et pour confirmer la vague, l'indicateur utilise une analyse en volume.
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
Présentation de l'indicateur Zeus : Votre outil ultime pour percer dans les bénéfices en trading. Cet indicateur simplifie le trading en éliminant la nécessité d'une analyse approfondie avec des stratégies de breakout. Il dessine automatiquement des zones en fonction de vos intervalles de temps prédéfinis, suggère des niveaux de Stop Loss (SL), Take Profit (TP) et Trailing Stop. L'indicateur Zeus vous avertira rapidement et affichera des flèches de signal lorsque le prix atteindra les points d'e
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Daniel Stein
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Filtrer:
zakey_ahmad
73
zakey_ahmad 2021.06.26 19:29 
 

good indicator

Innovicient Limited
8928
Réponse du développeur ALFRED MURIITHI 2021.06.26 20:14
Thank for your review. We are humbled to have contributed to your trading 🙏💖
Répondre à l'avis
Version 1.9 2022.07.29
Improved indicator to work better
Added better filters
Can work better with Renko Charts
Version 1.8 2022.07.04
Interface improvement.
Version 1.7 2022.02.22
Interface bug removal
Version 1.6 2022.02.21
Adjusting default screen alert.
Version 1.5 2022.02.11
Added Signal validation mechanism
Version 1.4 2021.09.25
User interface improvements
Version 1.3 2021.09.25
User interface improvements
Version 1.2 2021.09.14
Interface improvement.
Version 1.1 2021.06.09
1. Fixing bug in the alert system.
2. Allow Arrows to form in current bar.