Extreme Value Sniper MT4

Extreme Value Sniper is a detrended price indicator 

Indicator finds the potential reversal levels by checking value ranges and price cycles.

MT5 Version of the product : https://www.mql5.com/en/market/product/114550


It shows the overbought and oversold levels using the average range.

Overbought Levels are between 4 and 10

Oversold levels are bewtween -4 and -10

Those levels can be used as a reversal levels.

Extreme Value Sniper look for some special divergence and convergence patterns to confirm the reversal. 

Other AI and informative math applications of the indicator are Murrey Math, Fibonacci Gann, Volumes and Harmonic Patterns.


***Unlike other indicators, Extreme Value Sniper DOES NOT REPAINT.

***Extreme Value Sniper can be used with our Cycle Sniper indicator or it can be used as a stand alone indicator.

***It works for any financial instrument including Gold, Crude Oil,Currencies,Cryptocurrencies,Indices and Stocks.

***It can be used for any timeframe.

***User friendly settings 


Please follow this blogpost for the details and tricks for different strategies:

https://www.mql5.com/en/blogs/post/756721


Inputs to pay attention:

  • Magic Number: To look for different periods for the signals, you can apply indicator several times onto the chart. In this case you need to change the magic number.

         You can watch the video for details in the blog post.

  • Range Period Bars:  Range period ( number of bars ) to check to identify extreme ( Ovebought/Oversold ) Levels
  • Signal Settings
          Sell Extreme Level: Indicator will look for sell signal  when the value is above /equal to input level

          Buy Extreme Level: Indicator will look for buy signal  when the value is below /equal to input level 

          Close Price or Hi-Low: Price levels on the current bar to check signal

          Show Chart Lines: If enable you can see the divergence lines on the chart

          Show Indicator Lines: If enable you can see the divergence lines on the indicator's sub window

          No of bars for signal:  X bars to look for potential reversal pattern. If you make it bigger , indicator will look for a bigger number of bars to find reversal patterns.

          Candle for confirmation arrow: Default is 1. If you make it bigger, you can reduce the false signals but you receive late confirmation.


Important Note for Strategy Tester: To get better backtest results, use it on "every tick" mode


Please contact us after your purchase if you need further assistance.

If you contact us after your purchase, I will send you two set files that are seen in the videos.




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Roman Podpora
5 (1)
Indicadores
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4.81 (21)
Indicadores
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Issam Kassas
Indicadores
AXIOM MATRIX MT5 PREÇO DE LANÇAMENTO: $99 Axiom Matrix está disponível pelo preço de lançamento de $99. O preço aumentará para $199 após as primeiras 30 compras. Após a sua compra, envie-me uma mensagem direta para receber as instruções e reivindicar o seu bônus exclusivo de presente. Axiom Matrix é um scanner de mercado profissional multissímbolo e multitimeframe, além de um painel de decisão para MetaTrader 5. Ele escaneia o seu Market Watch, analisa múltiplos timeframes, lê múltiplos motores
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Bernhard Schweigert
4.8 (104)
Indicadores
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Garry James Goodchild
Indicadores
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Abdullah Alrai
5 (1)
Indicadores
Este indicador foi projetado para se integrar com a teoria das Ondas de Elliott, oferecendo dois métodos distintos de operação: Trabalho Automático: Nesse modo, o indicador opera autonomamente detectando todas as cinco ondas motrizes no gráfico de acordo com a teoria das Ondas de Elliott. Ele oferece previsões e identifica zonas potenciais de reversão. Além disso, possui a capacidade de gerar alertas e mensagens de push para notificar os traders sobre desenvolvimentos significativos. Essa funcio
Currency Strength Wizard
Oleg Rodin
4.85 (60)
Indicadores
Currency Strength Wizard é um indicador muito poderoso que fornece uma solução completa para uma negociação bem-sucedida. O indicador calcula o poder deste ou daquele par forex usando os dados de todas as moedas em vários intervalos de tempo. Esses dados são representados em uma forma de índice de moeda fácil de usar e linhas de energia de moeda que você pode usar para ver o poder desta ou daquela moeda. Tudo o que você precisa é anexar o indicador ao gráfico que deseja negociar e o indicador mo
Neo Wave PRO
Nikolay Raykov
5 (1)
Indicadores
Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
Automated Actual Support Resistance A2SR
Yohana Parmi
4.85 (62)
Indicadores
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Quant Direction
Georgios Kalomoiropoulos
Indicadores
Quant Direction é uma ferramenta de análise de mercado tridimensional. Ela oferece uma análise de mercado totalmente objetiva, baseada em algoritmos, que calcula simultaneamente desvios percentuais precisos em diversos parâmetros. Desenvolvido com ferramentas avançadas de modelagem com inteligência artificial e rigorosamente testado, o algoritmo foi projetado para interpretar o mercado com precisão sem precedentes. Você pode analisar qualquer par de moedas ou instrumento financeiro em sua plataf
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4.39 (36)
Indicadores
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Indicadores
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Indicadores
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Indicadores
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Utilitários
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Elmira Memish
Experts
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Indicadores
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Elmira Memish
Indicadores
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Indicadores
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Indicadores
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5 (1)
Indicadores
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Indicadores
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Experts
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Indicadores
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Indicadores
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Indicadores
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1 (2)
Indicadores
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Indicadores
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Indicadores
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Elmira Memish
Indicadores
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