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First Cross

4
This indicator is based on Linda Bradford Rashkes First Cross system.

Normally trend based systems follow the trend from beginning to end, but this indicator instead selects a piece of the trend. This approach can be a very reliable alternative way of trading a trend.

It waits for the 1st move to become exhausted then enters in anticipation of a sudden surge. The trend if found using a faster momentum indicator. When we get a cross on the 2nd oscillation we get our signal. Hence we capture a piece of the trend.

Features : 

  • Based on a unique trading concept  
  • Choose your favourite colors and size of Line and Arrow
  • Send alerts to either your PC, eMail or mobile device
  • Can be traded on any market and timeframe 

Settings : 

Moving Average Settings : 
  • Fast MA Period - Sets the period of the fast moving average. Recommended at 200.
  • Fast MA Method - Sets the method of calculation for fast moving average. EG 0 = SMA, 1 = EMA, 2 = SMMA, 3 = LWMA
  • Fast MA Applied - Sets the type of price we base our calculation on : PRICE_CLOSE, PRICE_OPEN, PRICE_HIGH, PRICE_LOW, PRICE_MEDIAN, PRICE_TYPICAL, PRICE_WEIGHTED
  • Slow MA Period - Sets the period of the slow moving average. Recommended at 200.
  • Slow MA Method - Sets the method of calculation for slow moving average. EG 0 = SMA, 1 = EMA, 2 = SMMA, 3 = LWMA
  • Slow MA Applied - Sets the type of price we base our calculation on : PRICE_CLOSE, PRICE_OPEN, PRICE_HIGH, PRICE_LOW, PRICE_MEDIAN, PRICE_TYPICAL, PRICE_WEIGHTED
  • Average Of Oscillator - We compare a current bar the moving average is based on to the previous bar. The further back we go the more smooth the moving average direction becomes. EG 20 for smooth, 1 for choppy.
Graphical Object Settings
  • Moving Average Color - Color of moving average 
  • Histogram Color - Color of histogram
  • Arrow Color Buy - Color of buy arrow
  • Arrow Color Sell - Color of sell arrow
  • Arrow Size - Size of arrow
  • Cross Color Buy - Color of cross on buy
  • Cross Color Sell - Color of cross on sell
  • Cross Size - Size of cross
Start Hour End Hour
  • Start Hour - On and after this hour the EA will start trading.  
  • End Hour - On and after this hour the EA will stop trading.
Avis 2
lauro1956
4240
lauro1956 2021.11.19 13:16 
 

Excellent indicator, intelligent. I am waiting for the author to clarify a question

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Alexey Minkov
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SALE NOW! Limited Time Offer! An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate their statistics and
buy sell star indicator has a different algoritms then up down v6 and buy sell histogram indicators. so that i put this a another indicator on market. it is no repaint and all pairs and all time frame indicator. it need minimum 500 bars on charts. when  the white  x sign on the red histogram that is sell signals. when the white x sign on the blue  histogram that is sell signals. this indicator does not guarantie the win.price can make mowement on direction opposite the signals. this is multi tim
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Obtenez votre mise à jour quotidienne du marché avec des détails et des captures d'écran via notre Morning Briefing ici sur mql5 et sur Telegram ! FX Volume est le PREMIER et SEUL indicateur de volume qui fournit un VRAI aperçu du sentiment du marché du point de vue d'un courtier. Il fournit des informations impressionnantes sur la façon dont les acteurs institutionnels du marché, comme les courtiers, sont positionnés sur le marché des changes, bien plus rapidement que les rapports COT. Voir c
Cycle Sniper
Elmira Memish
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Abdullah Alrai
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Cet indicateur détectera des motifs harmoniques dessinés sur le graphique par des méthodes manuelles et automatiques. Vous pouvez consulter le manuel d'utilisateur à partir de ce lien: Ajoutez votre avis et contactez-nous pour l'obtenir. Il existe une version gratuite pour essayer ce produit sur MT4. Vous pouvez l'utiliser pour détecter les motifs Gartley et Nenstar: https://www.mql5.com/en/market/product/30181 Vous pouvez acheter la version complète de MT4 à partir de: https://www.mql5.com/en/m
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Stephen Reynolds
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Zig Zag 123
Stephen Reynolds
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Hi Lo Breakout
Stephen Reynolds
A system with steady ROI > 10% a month like clockwork!  Hi Lo Breakout strategy opens and closes trades based on the time of day in relation to the highs and lows of both yesturday and today. It will then trade out these prices using the trade management settings within user inputs.    For best results see .set file at comment  no2 . Features : A purely mechanical system. Simply set and leave. No martingale or grid.    Risks are small per trade.   An optional automatic lot adjustment feature t
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Triple X Scalper
Stephen Reynolds
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Stephen Reynolds
3.6 (5)
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Stephen Reynolds
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Divergence Convergence MACD is based on the classical divergence and convergence methods of charting. Divergence is when we get higher highs and lower lows on our uptrend but which are not supported by our indicator which makes lower highs and therefore signals the underlying momentum is failing and so a reversal might occur. Vice versa for downtrend. Convergence is when the higher highs and higher lows of an uptrend are also confirmed by our indicator making lower lows which helps us confirm th
Bollinger Breakout Trader tells the trader when the market is about to breakout from a non-volatile period. Non volatility usually means its building up steam for more good moves in future. A signal is formed when this switch from non-volatile to volatile occurs. These periods are measured by both Bollinger Bands and Keltner Channels. Bollinger Bands measure the standard deviation of price from the Moving Average which results in an expanding and contracting channel. Keltner Channels are based o
ZZ Scalper
Stephen Reynolds
4 (1)
This EA exploits the inevitable behaviour of price fluctuations and breakouts. Because market prices will always fluctuate to higher highs before ebbing down to lower lows, breakouts of these levels will occur.   This EA will open a trade in anticipation of catching some of the profits from these breakout moves. We use the fixed exit methods of Stop Loss, Take Profit and Trailing Stop in such a way so that we will scalp small but consistent profits.  No martingales needed, just a simple but e
MA And Oscillation simple system that overcomes all the market confusion by simply looking at the moving average and stochastic oscillator and signalling when the moving average and stochastic or heading in same direction. The moving average is arguably the simplest but most effective tool when trading larger timeframes. We use this and the Oscillator to time our market entry. Features : A method of simplifying a sometimes confusing market. Choose if you want to signal only when moving average
Volume Analysis Trader looks at volume using a fixed average of volume. This averaging helps spot when volume is rising or declining. Also I have added volume spikes which are when volume suddenly is above the average. These help spot market reversals. This will hep a trader look for the following in their trading: Rising volume during a rally shows trend is strong. Falling volume on a rally shows trend is weakening. As a rule of thumb on daily charts if current volume is higher than yesterday's
Test Trade Pad
Stephen Reynolds
Test & Trade Pad works on strategy tester as well as on live and demo charts. You can really hone your trading skills in strategy tester especially with the control of tester speed feature.  It is multi-functional tool with many useful features for testing or trading live. Has trade management features such as stop reversal, break even and trade re-entry to help you deal with stopped out trades.  It sits neatly on the left of the screen out of the way but with extra buttons, features can be e
The Triangular Breakout looks for when there is a volume spike followed by a 3 bar break. It then draws arrow when price breaks out of the recent high or low of the 3 bar pattern. We also look for triangles that form when price fractals converge. It also will draw arrows when price breaks out of the recent high or low of this triangle pattern. There are alerts set for when either we get a 3 bar break or triangle or when we get an arrow.   According to DOW theory triangles are really momen
The Hi Lo Breakout
Stephen Reynolds
5 (1)
The Hi Lo Breakout is taken from the concept of the ZZ Scalper EA which exploits the inevitable behaviour of price fluctuations and breakouts.  The fact that because market prices will always fluctuate to higher highs before ebbing down to lower lows, breakouts will occur. But here I've added a few more filters which I see work well also as an Indicator.    Range Analysis :    When price is within a tight range this Indicator will be able to spot this and only then look for price breaks. Yo
Stop Reversal & Re Entry is a varied way to exit trades and manage your losses.  I all in have made it into a 4 option utility of stop reversal, re entry with break even and partial close features for good measure.  These 4 systems are : Stop Reversal : When true will place an opposite pending order exactly where the stop level is on your current trade. In the possibility of your trade being wrong it will get you in again in the opposite direction. Ive added a Only Recover Loss feature
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faithdefender
1666
faithdefender 2022.06.11 23:19 
 

I am still working with this indicator. It has not been a "bread winner" so to speak, but the concept is good. The Vendor has tried to solve a few issues and I appreciate that. He immediately addressed a bug. The indicator is not very flexible in terms of changing colors. Most people I know have traditionally used blue for demand and red for supply. Not a game changer, and I try to change the colors but they change back to the default. I would like to come back with a revised review in the future if things change. The indicator does not put out alot of signals which is good, but it misses quite a few as well. The indicator did not break the bank and I always appreciate a fair price.

lauro1956
4240
lauro1956 2021.11.19 13:16 
 

Excellent indicator, intelligent. I am waiting for the author to clarify a question

Répondre à l'avis
Version 1.1 2021.11.19
1) After someone kindly pointed out arrows were not showing when placed onto chart. I fixed this problem. It now adds arrows onto chart when applied to chart.