Naked Forex Kangaroo Tail Pro indicator for MT5

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. 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.
The Kangaroo Pro version lets users adjust the pattern definition. This version is meant for expert traders who want to use their own optimized settings for the pattern.

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: minimum size of candle (0.5 to 1.5 recommended range of values, 0.0 means no filter, 1.0 means normal candle size, 1.5 means big candle)
  • BodyPercent: position of body compared to the complete candle range (0.2 to 0.4 recommended range of values)
  • RoomLeftBars: room on the left you want to have for valid pattern (counted as a number of bars, recommended values of 5 to 30).
  • 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:

All our indicator are developed both for MT4 and MT5.

List of all our indicators:
👉  You can get the complete list of our indicators visiting our profile page.


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Triple Crox Strategy- Système de Trading Professionnel Vue d'ensemble Triple Crox Strategy est un indicateur technique avancé pour MetaTrader 5 qui combine plusieurs méthodes d'analyse pour fournir des signaux de trading précis. Conçu pour les traders sérieux, cet indicateur intègre des stratégies multiples basées sur les moyennes mobiles, l'ATR, le RSI et des configurations de nuages pour identifier les opportunités de marché avec une grande fiabilité. Configuration Principale Types de
Indicateur intelligent de signaux de trading « Red and Green Light » Présentation du produit Red and Green Light est un indicateur professionnel de signaux de trading basé sur l’algorithme T3 à lissage multi-niveaux. Il intègre un système visuel de feux tricolores, une reconnaissance intelligente des signaux, des alertes de risque et un système d’alertes multiples. Que vous soyez trader manuel ou développeur d’Expert Advisors (EA), cet indicateur vous aide à saisir les opportunités du marc
Big Player Range
Thalles Nascimento De Carvalho
5 (3)
BigPlayerRange – Meilleur indicateur pour MT5 BigPlayerRange est considéré comme le meilleur indicateur pour le Mini Indice et le Mini Dollar sur MetaTrader 5. Cet outil met en évidence les zones stratégiques d’action des gros acteurs du marché, offrant une analyse technique institutionnelle d’une grande précision. Comment utiliser BigPlayerRange : Cet indicateur trace des zones d’achat (ligne verte) et de vente (ligne rouge). Lorsque le prix clôture en dehors de ces zones, une tendance
Jita Indicator Pro MT5 | All Timeframes Professional Trend Agreement System – Premium Edition ($500) What Is Jita Indicator Pro? Jita Indicator Pro is a structured trend-confirmation system designed for serious traders who value precision, alignment, and controlled signal behavior. It combines: Advanced band-based trend direction logic ATR-driven structural trigger engine Dual-confirmation agreement system Locked history update design This indicator prints signals only when multiple conditions
Hunter Spike
Jaime Humberto Gomez Arias
Hunter Spike This indicator consists of two regression channels calibrated with the current movement of the synthetic index algorithm, for any Deriv or Weltrade broker. Each channel has a signal, a target that alerts us when the price touches them, indicating buys on booms or gains and sells on crashes or pains. -configuration for booms or gains: Channel zone 1 (30) Channel zone 2 (0) -configuration for crashes or pains: Channel zone 1 (100) Channel zone 2 (70) Zones freely configurable by
Recommended TimeFrame >= H1. 100% Non Repainted at any moment.  Use it carefully, only with Trend Direction. Trading Usage: 2 Variants: as Range System or as BreakOut System (Both Only With Trend Direction)::: (Always use StopLoss for minimise Risk); [1] as Range System: (Recommended) in UP TREND:  - BUY in Blue Line , then if price goes down by 50 points (on H1) open Second BUY.   Close in any Profit you wish: TrailingStop(45 points) or Close when Price touches upper Gold Line. in DOWN TREND
FXLAND Smart Reversal Indicator (MT5) FXLAND Smart Reversal Indicator is a professional technical analysis tool designed to help traders identify potential price reversal zones and key market turning points with clarity and precision. The best reversal indicator and price return by choosing only one ceiling or floor in each time frame A masterpiece of combining mathematics and Gann, fractal matrix, Fibonacci, movement angle and time. Completely intelligent Key Features Detects potenti
Piranha version 2
Maria Strudov
5 (1)
"Piranha" - an autonomous trading system that determines overbought and oversold levels on the chart. Red and blue zones represent overbought and oversold levels respectively. Entry points are marked with arrows: a downward arrow in the red zone for "sell" and an upward arrow in the blue zone for "buy". The Take profit level is indicated by the green moving average. Key features: Adjusting the Take profit level as the green moving average changes position. Averaging ability when a new market e
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