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Swing Points for MT5

1

Swing Points are those places on the chart where price changes direction. This is an MT5 version of my MT4 Swing Points Indicator.

Found on the code base at https://www.mql5.com/en/code/15616 and in the market at https://www.mql5.com/en/market/product/22918

The beginning input parameters allow you to configure your alerts.

  • Turn on screen alerts allows you to turn on and off screen alerts. True is on, false is off.
  • Turn on push to phone alerts allows you to turn on and off push to phone alerts.
  • Turn on email alerts allows you to turn on and off email alerts.
  • Send alerts for major highs turns on or off alerts for Major Highs.
  • Send alerts for major lows turns on or off alerts for Major Lows.
  • Send alerts for minor highs turns on or off alerts for Minor Highs.
  • Send alerts for minor lows turns on or off alerts for Minor Lows.
  • Comment latest swing point on the screen turns onscreen comments on and off.
  • Display swing points info in the log turns logging in the Experts tab on and off.

For instance, if you set AlertPush to true then you would receive push alerts for any of the specific alerts that you have set to true. To receive alerts for Major Lows you will want to set AlertMajorLows to true also. If all the Major and Minor Highs and Lows are set to false you will not receive any alerts.

Next, we have the input parameters for Major Swing Highs this format is repeated for Major Swing Lows, Minor Swing Highs, and Minor Swing Lows.

  • Label for Major Swing Highs allows you to set the label for Major Swing Highs.
  • Number of periods to check before major high details the number of periods to check before a major high is declared. This is the number of bars that must be lower than the major high bar going to the left.
  • Number of periods to check after major high details the number of periods to check after a major high is declared. This is the number of bars that must be lower than the major high bar going to the right.
  • The size of the symbol for a major high is the size for the symbol placed just above the major high
  • Symbol code (wingding) for major high is the Wingding character code for the symbol used for the Major Highs. You can find a list of available wingdings at this link. https://www.mql5.com/en/docs/constants/objectconstants/wingdings
  • Color for major highs is the color you would like to set the symbol for the major high.
  • Padding space for major highs symbol selects the number of pixels above the swing high at which to place the swing high symbol
These input parameters are repeated with slight modifications for each type of swing point. Obviously, the number of periods to check before major low would check if the values of the lows to left are higher than the major low.

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Identificare i range e le prossime mosse probabili     |    Ottenere i primi segnali e la forza delle tendenze     |    Ottenere uscite chiare prima dell'inversione     |    Individuare i livelli di Fibo che il prezzo testerà   |  Indicatore non tracciante e non ritardato - ideale per il trading manuale e automatizzato - adatto a tutti gli asset e a tutte le unità temporali 50% di sconto   - per il lancio poi torna a   >>   149 $ Dopo l'acquisto,   contattatemi su questo canale  per le impostazi
MetaBands M5
Vahidreza Heidar Gholami
4.67 (3)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
TPSproTREND PrO MT5
Roman Podpora
5 (5)
TPSpro TRENDPRO  - is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes, as well as giving signals for entering trades without redrawing! The indicator uses each candle, analyzing them separately. referring to different impulses - up or down impulse. Exact entry points into transactions for currencies, crypto, metals, stocks, indices!  -  Version MT4                  DETAILED DESCRIPTION        /       TRADING SETUPS       
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
Disegna automaticamente i livelli di supporto e resistenza PIÙ i gap delle candele di propulsione sul vostro grafico, in modo da poter vedere dove il prezzo potrebbe dirigersi successivamente e/o potenzialmente invertire. Questo indicatore è stato progettato per essere utilizzato come parte della metodologia di trading di posizione insegnata sul mio sito web (The Market Structure Trader) e visualizza informazioni chiave per il targeting e le potenziali entrate. MT4 Version:  https://www.mql5.
Golden Spikes Detector
Batsirayi L Marango
5 (1)
Golden Spikes Detector This indicator is based on an advanced strategy primarily for trading spikes on Boom and Crash Indices. Complex algorithms were implemented to detect high probability entries only. It alerts on potential Buy and Sell entries. To trade spikes on the Deriv or Binary broker, only take Buy Boom and Sell Cash alerts. It was optimised to be loaded on 5-minute timeframe although multiple timeframe analysis is done in the background. Features ·             Desktop pop up and sound
IX Power MT5
Daniel Stein
5 (2)
IX Power   porta finalmente l'imbattibile precisione di FX Power ai simboli non-Forex. Determina con precisione l'intensità delle tendenze a breve, medio e lungo termine dei vostri indici preferiti, azioni, materie prime, ETF e persino criptovalute. Potete   analizzare tutto ciò che   il vostro terminale ha da offrire. Provatelo e sperimentate come   il vostro tempismo migliori significativamente   durante il trading. Caratteristiche principali di IX Power Risultati di calcolo precisi al
Altri dall’autore
How would you like to instantly know what the current trend is? How about the quality of that trend? Finding the trend on a chart can be subjective. The Fractal Trend Finder indicator examines the chart for you and reveals what the current trend is based on objective criteria. Using the Fractal Trend Finder you can easily tell if you are trading with the trend or against it. It also identifies those times when the market is not trending. Theoretically, you could trade with the trend when the tre
FREE
We have all seen a currency pair enter the overbought or oversold territory and stay there for long periods of time. What this indicator does is gives you the emphasis. So if you are looking for reversals then you may want to take notice when oversold territory is entered into with a bullish engulfing candle or if the trend is your thing then check for bearish engulfing candles while entering oversold. This indicator will show a downward arrow when it detects a bearish engulfing candle while cro
FREE
Consecutive candles can give us an indication as to the strength of a trend. With this indicator, you can set the number of consecutive bull or bear candles you wish to be present before achieving a valid signal of RSI crossing into overbought or oversold. With this information, you can better judge if a continuation or reversal situation is about to present. RSI has two settable levels Interesting settings: Number of consecutive candles needed before a valid signal Overbought level of RSI Ove
FREE
Chaos Trader Lite
John Davis
2.33 (3)
Chaos Trader Lite attempts to use aspects of chaos theory to place trades in the marketplace. This Expert Advisor, in particular, draws upon theories made by Bill Williams. Every version of MetaTrader contains the Bill Williams indicators. I wondered why was he deemed so important as to have his own set of indicators added to MetaTrader with name attribution. Conducting research I found that Bill Williams wrote a book using chaos theory to trade the markets. The Bill Williams indicators are usef
FREE
Optimizes the value of overbought and oversold on each new bar. This expert strives to choose the best values for a simple strategy where it sells when the indicator crosses below an overbought level and executes a buy when it crosses above an oversold level. The best overbought and oversold level is calculated on each new bar according to how that value would have performed during the optimizing periods which can be specified. Inputs Unique number for this EA - can be any integer value. Optim
The Wolfalizer Indicator combines the functionality of the  Engulfing Stochastic  along with the  ConsecutiveRSI  and adds alerts along with more detailed output to the journal. This Indicator will alert you when RSI or Stochastics cross into oversold or overbought. You can set the oversold and overbought levels for RSI and Stochastics separately. You can pick if you want an engulfing candle to appear on the cross or set a number of consecutive candles you would like to see. Interesting Inputs i
ZenFin
John Davis
This expert adviser works with EURUSD, AUDJPY, GBPJPY, NZDJPY, GBPJPY, NZDJPY, GBPCHF, GBPCAD, GBPAUD, and EURNZD. This EA utilizes similar mechanisms from the Swing Points indicator to generate Fibonacci levels. With these levels it picks the best time to enter and exit a trade. When trading with this system look forward to a daily bonus, because it detects and trades only in the direction of positive rollover. This bonus amount over time can be considerable and is not shown when back testing w
Wolfalizer
John Davis
5 (1)
The Wolfalizer Indicator combines the functionality of the Engulfing Stochastic  along with the ConsecutiveRSI  and adds alerts along with more detailed output to the journal. This Indicator will alert you when RSI or Stochastics cross into oversold or overbought. You can set the oversold and overbought levels for RSI and Stochastics separately. You can pick if you want an engulfing candle to appear on the cross or set a number of consecutive candles you would like to see. Interesting Inputs inc
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Adil Parvez
23
Adil Parvez 2020.07.02 03:57 
 

Does not work properly and no video or support. Total waste of money

Miroslav Kirnak
29
Miroslav Kirnak 2020.03.29 20:27 
 

doesn't work properly

waste money

dantion65
100
dantion65 2019.05.11 11:42 
 

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