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Naked Forex Kangaroo Tail indicator for MT5

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Publié: 11 mars 2022

Version actuelle: 2.30

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Naked Forex Kangaroo Tail indicator for MT5

Indicateurs
Renaud Herve Francois Candel
Version: 2.30
Mise à jour: 4 juillet 2023
Activations: 5

Naked Forex Kangaroo Tail Indicator

Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The Kangaroo Tail is a multi-bar pattern.
The Kangaroo Tail pattern is very effective and is very simple to trade.
The strategy that comes with the Kangaroo Tail is based on price action.
The indicator does what it was designed for: displaying Kangaroo Tail patterns. Don't expect to follow the up and down arrows and make money. Trading is not that simple. The Kangaroo Tail pattern is a starting point. The arrow is not a confirmed BUY and SELL signal in itself. The Kangaroo Tail indicator alerts you that the market might be at a turning point now. Then you must use other elements of your strategy (trend, momentum, support/resistance, volatility, daily bias, and other indicators) to confirm the signal and place a trade.

Inputs of the indicator are:

Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol
MaxBars: number of bars back used to calculate the indicator
TradeDirection (Long/Short/LongAndShort): filter signals for BUY and SELL
CandleSize: filter signals depending on the size of candle (0.5 to 1.5 recommended range of values)
UsePreAlerts (true/false): to enable pre-alerts
PreAlertsSeconds (30): time in seconds before the close of the candle when pre-alerts will be activated (pre-alerts can disappear)
UseConfirmedSignals (true/false): generate alerts for confirmed signals (at the close of the bar). It is required to set this value to true if you want to receive confirmed signals alerts.
PopAlerts (true/false): to enable alerts of type Popup window
EmailAlerts (true/false): to enable alerts of type Email
PushAlerts (true/false): to enable alerts of type Push Notification
SoundAlerts (true/false): to enable alerts of type Sound
SoundFile: file to be used for sound alerts

Trading rules:

For BUY: wait for a bullish Kangaroo Tail to print on a support zone after a down trend. Wait for price to break high of the Kangaroo Tail candle (5 pips above the high for H1 and higher time frames). Immediately enter in the trade once high is broken. You also can use a BUY STOP order placed 5 pips above the high of the candle (plus spread). Stop Loss should be placed below the low of the Kangaroo Tail candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.
For SELL: wait for a bearish Kangaroo Tail to print on resistance zone after an up trend. Wait for price to break the low of the Kangaroo Tail candle (5 pips below the low for H1 and higher time frames). Immediately enter in the trade once low is broken. You also can use a SELL STOP order place 5 pips below the low of the candle. Stop Loss should be placed above the high of the Kangaroo Tail candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.

The Kangaroo Tail indicator can be used with any time frame.
The Kangaroo Tail indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.

Indicators for MT5:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.
All our indicator are developed both for MT4 and MT5.

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You can see the complete list of our indicators visiting our profile page.

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Real Spread Monitor is a powerful indicator that is designed to accurately measure and analyze real spreads, giving traders the ability to compare trading conditions of different brokers. This product is also available for MetaTrader 4 => https://www.mql5.com/en/market/product/125769 Key Features of Real Spread Monitor: 1. Two modes of operation: Write mode : In this mode the indicator collects data on real spreads of the selected trading instrument and records them in a file. The spread is r

FX Analysis is an all-in-one MT5 indicator dashboard that combines eight analytical tools in a single panel, helping traders identify high-probability setups without switching between charts or indicators. Designed for standard forex pairs on MetaTrader 5. Best results on M15 - H4 timeframes when all components are used together as part of the included workflow. Components Volatility Analyzer Displays historical average movement by hour and by day of the week. A real-time Pip Balance shows the

MetaForecast prédit et visualise l'avenir de n'importe quel marché en se basant sur les harmoniques des données de prix. Bien que le marché ne soit pas toujours prévisible, s'il y a un motif dans les prix, MetaForecast peut prédire l'avenir aussi précisément que possible. Comparé à d'autres produits similaires, MetaForecast peut générer des résultats plus précis en analysant les tendances du marché. Paramètres d'entrée Past size (Taille passée) Spécifie le nombre de barres que MetaForecast util

Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu

Rtc ML Ai | Predictor CORE MACHINE LEARNING ENGINE Adaptive ML Market Predictor – Multi-Bar Trend & Candle Forecast What This Indicator Does This indicator is a real-time market prediction engine designed to analyze price behavior and estimate future market tendencies . Unlike conventional indicators, this system does not rely on static parameters or historical curve-fitting , but adapts its internal state dynamically during live market operation. Instead of using static rules, the indic

Nous vous présentons un indicateur révolutionnaire qui change les règles du jeu dans le monde du trading de tendance. L'indicateur est conçu pour repenser les performances et élever votre expérience de trading à un niveau sans précédent. Notre indicateur dispose d'une combinaison unique de fonctionnalités avancées qui le distinguent de ses concurrents. La technologie de pointe "Real Pricing Factors" offre une durabilité inégalée, même dans les conditions de marché les plus difficiles et les plus

Indicateur technique utilisant l'algorithme astronomique de Jean Meeus pour afficher les phases lunaires sur les graphiques de trading. Présente une ligne courbe continue représentant le cycle lunaire avec une précision scientifique équivalente aux observatoires professionnels. Compatible avec tout symbole et timeframe sur MT5, incluant forex, matières premières, indices et actions. Inclut un panneau informatif montrant la phase lunaire actuelle, le pourcentage d'illumination et les niveaux de

Naked Forex Kangaroo Tail Pro Indicator Kangaroo Tail Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Kangaroo Tail is a multi-bar pattern. The Kangaroo Tail pattern is very effective and is very simple to trade. The strategy that comes with the Kangaroo Tail is based on price action. The indicator does what it was designed for: displaying Kangaroo Tail patterns. Don't expect to follow the up and down arrows and make money

TTM Squeeze Indicator TTM Squeeze is an indicator to time entries based on volatility. TMM Squeeze might well be one of the best and most overlooked indicator. It was created by famous trader John Carter and is also used by many traders like Nathan Bear. Why is the TTM Squeeze indicator important? Because in trading correct timing entries might be more important than picking the right direction. This is a concept that is not very well understood in the trading community. Most trader think th

Keltner Channel Indicator Keltner Channel is an oscillator like Bollinger Bands. Keltner Channel is a very good tool to time entries for your strategy. Keltner Channel displays a channel where price is supposed to stay unless we are in overbought or oversold situations. Various strategies use Keltner Channel indicator successfully to spot overbought / oversold situations and look for reversals. Keltner Channel indicator uses ATR to determine overbought and oversold situations. Inputs of the indi

Naked Forex Kangaroo Tail Indicator for MT4 Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Kangaroo Tail is a multi-bar pattern. The Kangaroo Tail pattern is very effective and is very simple to trade. The strategy that comes with the Kangaroo Tail is based on price action. The indicator does what it was designed for: displaying Kangaroo Tail patterns. Don't expect to follow the up and down arrows and make money

Naked Forex Tweezer Pro Indicator Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the best and most effective patterns and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweez

Naked Forex Tweezer Standard Indicator Tweezer Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the best and most effective patterns and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The i

Naked Forex Big Shadow IndicatorBig Shadow Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. When you have a Big Shadow on your chart then this is a strong signal meaning that you might be ahead of a reversal. You can take other elements (momentum, trend, volatility, price action, fundamentals) to build a complete strategy and confirm your entries. Beware that you might not make money just following the arrows generated by the pattern reco

Inside Bar Indicator Inside Bar is a very popular candlestick pattern. Inside Bar indicator can be used to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Inside Bar indicator will search for inside bar candles pattern in the chart and will generate display them. The indicator is also able to generate alerts in your screen or sent to your phone. Inputs of the indicator are: Symbol : type of char symbol to be displayed in the chart to show Inside Bar patterns CustomCode

Engulfing Bar IndicatorEngulfing Bar indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Engulfing Bar indicator is an enhanced pattern of the popular Engulfing Bar to keep only the best patterns produced in the market. The strategy that comes with the Engulfing Bar is based on price action. Inputs of the indicator are: Distance: distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false):

Pin Bar Indicator The Pin Bar indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The strategy that comes with the Pin Bar pattern is based on price action. Inputs of the indicator are: Distance : distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): enable alerts PopAlerts (true/false): enable alerts in the popup window EmailAlerts (true/false): enable email alerts PushAlerts (true/fa

Bar Strength Divergence Indicator for MT4 BarStrength Indicator is an exclusive indicator to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos. BarStrength Indicator shows the strength of each candle. The indicator shows in a separate windows candles relatively to 2 price levels representing resistance and support in the market. Once candle is near resistance it is highly probable that price movement will change direction and will go down in the next candles. Once candle is near

Fisher Kuskus Indicator Fisher Kuskus is an indicator used by scalpers on low time frames like M1. The Fisher Kuskus is now available for Metatrader platform. Inputs of the indicator are: Period : period to be used for calculation of the indicator PriceSmoothing : value of 0.0 to 0.99 IndexSmoothing : value of 0.0 to 0.99 The indicator can be used with any time frame. It can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos. Other indicators for MT4:

HighLow Arrow Indicator HighLow Arrow is a simple indicator to be used to signal major lows and major highs in your chart. This indicator is not intended to be used to trade alone but more as an alert that a turning point might be forming. In this case the HighLow Arrow indicator signals that a new high or a new low is forming and that traders can prepare for seeking new signals. The formation of the High or the Low is confirmed after 2 bars have been closed. In the meantime, the alert can b

Heiken Color Indicator Heiken Color is a simple indicator showing Heiken Ashi candles color, not in your chart but rather in a separate window. The indicator is useful if you want to use Heiken Ashi indicator without changing your chart display. Heiken Ashi can be used to filter signals or spot better entry after another indicator gave you a signal. Heiken Color indicator has no inputs. Heiken Color indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities

FX Sniper Magenta Indicator FX Sniper Magenta is an exclusive and leading indicator to trade Forex with your Metatrader trading platform. FX Sniper Magenta is able to analyze market participants behavior and to predict changes in the price direction even before movement starts. Most indicators are lagging indicators and are useless. FX Sniper Magenta is a unique leading indicator . The indicator displays arrows in your chart (please see screenshot attached) showing the probable directio

FX Sniper Yellow Indicator FX Sniper Yellow is an exclusive leading indicator to trade Forex with your Metatrader trading platform. FX Sniper Yellow is able to analyze market participants behavior and to predict changes in the price direction even before movement starts. Most indicators are lagging indicators and are useless. FX Sniper Yellow is a unique leading indicator . The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of pri

FX Sniper Orange Indicator FX Sniper Orange is an exclusive indicator to spot situations where market has gone too far and market could reverse soon after. The indicator displays arrows in your chart indicating probable future price action (see screenshot attached). By default, it uses orange arrows. FX Sniper Orange never repaints. Once candle is closed signal is confirmed and arrow will never disappear. Users of the indicator can setup alerts when new arrows are displayed in the chart. In

Moving VWAP Indicator Moving VWAP is an important indicator drawing the Volume-Weighted Average Price (VWAP). The VWAP is a reference used by institutional traders and acts as a level of support / resistance. If price is above VWAP then means market is bullish. If price is below VWAP then means market is bearish. It can be used to enter in the market with low risk (near VWAP) and also identify the correct direction of the market. The Moving VWAP is as simple as a Simple Moving Average. The m

Normalized Volume 99% of indicators are based on price analysis. This indicator is based on volume. Volume is overlooked piece of information in most trading systems. And this is a big mistake since volume gives important information about market participants. Normalized Volume is an indicator that can be used to confirm reversal points. The indicator code volume with colors indicating high, normal and low volume. You could enhance dramatically your trading system using volume analysis.

Fx Levels Premium Indicator Support and Resistance are important concepts in trading. Fx Levels Premium was created to easily draw important levels of support and resistance for the active trader. The indicator will give you all important levels (support/resistance) to watch for a wide range of assets. Trading without these levels on your chart is like driving a car for a long journey without a roadmap. You would be confused and blind. Support and resistance levels should be used as guideline

Breakout Impulse IndicatorBreakout Impulse Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Breakout Impulse is a multi-bar pattern. The purpose of the pattern is to identify a fast change in momentum. This type of change can announce the start of a big directional move. Inputs of the indicator are: Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calcula

Daily Pivots Multi Indicator Daily Pivots Multi is an exclusive indicator to draw your pivots levels and much more. Most indicators draw daily pivots for the day. Daily Pivots Multi is able to draw levels for different days. The indicator can do the calculation for unlimited number of days backward. It means that you can draw the levels for today but also for the past days. This is very useful if you want to study a strategy with Pivots levels over a period of time. Another problem is that e

Dashboard Display Indicator With the Dashboard Display indicator you can create a nice, customized and professional dashboard in a few minutes. You can create your personal dashboard and have a look at a glance at real time data. You can use the Dashboard Display indicator with any symbol of your platform. The inputs of the indicator are: Symbol : symbol name as it appears in your platform (or VIX or DXY for specific symbols) DisplayName : name of symbol as it should appear in the display R

Smart Moving Averages Indicator Smart Moving Averages is an exclusive indicator for Metatrader platform. Instead of calculating moving averages for the selected chart time frame, the Smart Moving Averages indicator gives you the opportunity to calculate moving averages independently from the chart time frame. For instance you can display a 200 days moving average in a H1 chart. Inputs of the indicator are: Timeframe : timeframe to be used for the calculation of the moving average Period : m

Market Momentum Alerter Market Momentum Alerter will inform you about danger to operate in the market. Imagine you see a very nice setup (Forex, Stocks, Indices) and you decide to place your trade... And you finally lose your trade and don't understand what happened. This can happen due to big operations in the market carried out by banks and big institutions. These operations are invisible for most people. Now with the Market Momentum Alerter you will be able to detect those operations...

Matrix Indicator Matrix Indicator is a simple but effective indicator. Matrix indicator displays usual oscillators indicators in a user friendly color coded indicator. This makes it easy to identify when all indicators are aligned and spot high probability entries. Inputs of indicator are: Indicator: RSI, Stochastic, CCI, Bollinger Bands Param1/Param2/Param3: usual settings for the indicator ValueMin: Oversold level for oscillator ValueMax: Overbought level for oscillator The indicator can

OBOS indicator OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. Inputs of the indicator are: MaxBars : number of bars to display in your chart Smoothing period : number of ba

Trend Direction ADX indicator for MT4 Trend Direction ADX is part of a series of indicators used to characterize market conditions. Almost any strategy only work under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc.. Trend Direction ADX is an indicator to be used to characterize trend direction: trending up trending down ranging Trend Direction ADX is based on ADX standard indicator

Trend Strength MA indicator Trend Strength MA is a part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore, it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc. Trend Strength MA is an indicator to be used to characterize trend strength: Up extremely strong Up very strong Up strong No trend Down strong Down very strong Down extremely stro

Trend Direction Up Down indicator Trend Direction Up Down is part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility. Trend Direction Up Down is an indicator to be used to characterize trend direction (medium term trend): trending up trending down ranging Trend Direction Up Down is based

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