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RiveR Scope

RiverScope automatically determines the nearest most important price levels and support and resistance zones in history, it also identifies a large number of price action patterns (30+).

The support and resistance levels are determined based on an algorithm that calculates and filters the historical values of the price, its movement character, volumes, etc. It displays the current situation, therefore the nearest levels change in real time depending on the current price.


Advantages

  • flexible customization of timeframes for calculating the main and additional support and resistance zones
  • convenient display of the zones and levels on the chart
  • display of the information about the range in points for the main and additional zones
  • output of the information about the current market situation (average volatility, size of the candle body, its upper/lower wick and their difference, which indicates the probable direction of the price using colors: Bullish - blue, Bearish - red)
  • information of the price movement: ranges and path passed during the current day, the previous day and average for 5 days
  • comfortable display of time until the current candle closes
  • determines the gaps and displays information on the number of points before it "closes" in real time
  • easily identifies 30+ candlestick patterns of price action (with additional filtering)
  • convenient display of information about patterns and gaps: bullish ones have blue color, bearish - red
  • Goiler levels, which based on the principles of analysis by Gann, provide additional information on trades or strong levels.
    • The Goiler levels show the probability of trade direction: if the light green line is above the dark gray line, it is a buy signal, if lower — sell signal. Light green - take profit, blue - take profit 2, red - stop loss, orange - either stop loss or (depending on the market situation) the market entry point.
    • The Goiler levels can also be used similar to all other support/resistance levels (because the levels are strong enough, i.e. trade either level rebounds or breakouts.


Settings

- Main options -

  • Main TimeFrame - select the timeframe for calculation of the MAIN support and resistance zones:
    • Current - current timeframe
    • Current + 1 - current timeframe + 1
    • Current + 2 - current timeframe + 2
    • 1 Minute - fixed timeframe selection
    • ...
    • 1 Month
  • Extra TimeFrame - select the timeframe for calculation of the ADDITIONAL support and resistance zones:
    • Without ExtraTimeFrame - do not use the ADDITIONAL support and resistance zones
    • MainTimeFrame + 1 - MAIN timeframe + 1
    • MainTimeFrame + 2 - MAIN timeframe + 2
    • 1 Minute - fixed timeframe selection
    • ...
    • 1 Month
  • History bars for Levels – the number of bars to calculate the support and resistance areas (500 recommended)
  • History bars for Info – the number of bars to calculate the information about the current market situation (50 recommended)
  • Path length price - enable/disable the information on price path

- Colors -

  • Color Resistance-level Main - the color of the MAIN resistance level
  • Color Support-level Main - the color of the MAIN support level
  • Color Resistance-level Extra - the color of the ADDITIONAL resistance level
  • Color Support-level Extra - the color of the ADDITIONAL support level
  • Color Resistance-zone Main - the color of the MAIN resistance zone
  • Color Support-zone Main - the color of the MAIN support zone
  • Color Resistance-zone Extra - the color of the ADDITIONAL resistance zone
  • Color Support-zone Extra - the color of the ADDITIONAL support zone
  • Color Goile Entry level - color of the entry level (by Goiler)
  • Color Goile Entry2 level - color of the second entry or stop loss level (by Goiler)
  • Goile Take Profit level - color of the take profit 1 level (by Goiler)
  • Goile Take Profit 2 level - color of the take profit 2 level (by Goiler)
  • Goile Stop-Loss level - color of the stop loss level (by Goiler)

- Additional levels -

  • Bank-level - enable/disable the bank level
  • Min/Max price previous day - enable/disable the min/max price level of the previous day
  • Goiler-level (analize Gann) - enable/disable the Goiler levels

- Price Action options -

  • Check GAP - enable/disable the gap control
  • Begin from TimeFrame - select the timeframe to start identifying the patterns (not related to the chart timeframe)
    • Without Price Action - disable the pattern recognition block
    • 1 Minute - select the timeframe
    • ..
    • 1 Month
  • Filter Price Action - enable/disable pattern filtering
  • List of patterns with the ability to enable/disable each:
    • Engulfing
    • Inside Bar
    • Belt Hold
    • Rails
    • DBLHC & DBHLC
    • TBL & TBH
    • Pin Bar
    • Hammer
    • Shooting Star
    • Morning Star
    • Evening Star
    • Piercing
    • Dark-cloud cover
    • Doji
    • Tweezers Top & Bottom
    • Key Reversal
    • Open-Close Reversal
    • Hook Reversal
    • Island Reversal
    • Pivot Point Reversal
    • Closing Price Reversal
    • 4B1B Pivot
    • Complex Pivot Point
    • Move-Congestion-Move?
    • Three Inside Up & Down
    • Kicker
    • Three BlackCrows & WhiteSoldiers
    • Three Line Strike
    • Abandoned Baby Top & Bottom
    • Three Outside Up & Down
    • Stick Sandwich
    • Squeeze Alert
    • Rising & Falling Three Method

Added integration with RiveRControl

The product will be improved and supplemented. If you have questions or suggestions please send me a message.

https://www.mql5.com/en/users/mavrix/blog

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(FOR MT4)  Ultimate Reversal Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to identify the powerful ' Three Line Strike ' reversal pattern. According to Thomas Bulkowski (internationally known author and a leading expert on candlestick patterns), the ' Three Line Strike ' has the   highest overall performance rank of  any  candlestick pattern. Bulkowski's best selling book "Encyclopedia of Chart Patterns" is recognized around the world, as the premier reference on
79 USD
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
199 USD
Williams Dashboard
Pablo Mozo Bel
The Williams Dashboard is an information panel which allows you to have a global market vision through a Williams Percent Range. Williams Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it. Main Features of Williams Dashboard Graphic panel that allows you to know the situation of many assets. 7 Different Williams Percent Range situations to discover when an asset is o
59 USD
Extreme Swing Indicator
Filip Maurice Daelman
Dear Trader, this is one of the most powerful signals you will find in the market place. I worked many months to improve the accuracy. Check for yourself with the demo version. Parameters are set for EURUSD. I can assist you to configure it for any other symbol or TF. It can be configured to generate more of less in-trend or contra-trend signals. Extreme Swing Indicator is a no-nonsense, no delay, no repaint indicator ! It selects buy/sell entry signals based on a number of swing calculations a
75 USD
No Demand No Supply
Panagiotis Diamantopoulos
This indicator identifies No Demand –No Supply candles  to your chart and plots volume bars colored according to the signal. It can be applied to all timeframes or to a specific one only. It can also be used as regular volume indicator but with exceptional future of WEIGHTED VOLUME. Furthermore is has an alert notification, sound and email when a signals occurs. The VSA (Volume Spread Analysis) definition for No Demand and No supply is as follows: No Demand (no buyers-potential short position):
80 USD
Sam TrendBlaster
AKILA THILINDA JAYARATHNA RANASINGHEGE
*****ARROWS NON REPAINT ***** Trade With Sam Simple Strategy Guide :  https://www.mql5.com/en/blogs/post/740855 Try Out and see the Difference The Sam's Trend Blaster indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. This is an arrow indicator that shows precise price reversals. A great arsenal to add to any chart. Amazin
98 USD
Naked Forex Tweezer Pro Indicator for MT4
Renaud Candel
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 Tweezer Pro version let user
177 USD
Better Volumes
Illia Zhavarankau
Description: The indicator of tick volumes Better Volumes allows you to assess the general mood of the market and quite accurately catch the moments of the formation of large movements. The indicator is a color histogram in an additional window. In the calculation of Better Volumes the Price Action combinations are taken into account, the values of the volumes with the height of columns and color marking are displayed. Input parameters: Display_Bars - the number of displayed bars (at 0, all are
80 USD
Classic Keltner Channel
Muhammad Elbermawi
Or CKC . ⭐⭐⭐⭐⭐ This indicator works depending on the classic ten-day moving average rule described by Chester W. Keltner (1909–1998). All parameters are set to the classic version of the Keltner system by default, while the user can change them if he wants. Try Demo before you buy:  https://www.mql5.com/en/market/product/47130 Read CKC Manual: https://www.mql5.com/en/blogs/post/736577 CKC Expert Advisor Example: https://www.mql5.com/en/blogs/post/734150 About Keltner Channel Formula Calculate
60 USD
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RiveR Scope Lite
Ruslan Losin
RiverScope Lite automatically determines the nearest most important price levels and support and resistance zones in history, it also identifies a large number of price action patterns (the lite version is limited to 10, while the full version has 30+). The support and resistance levels are determined based on an algorithm that calculates and filters the historical values of the price, its movement character, volumes, etc. It displays the current situation, therefore the nearest levels change in
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RiveRControl
Ruslan Losin
A powerful assistant for manual trading. Execute a deal with one click and manage the trade volume, stop loss and take profit, according to your trading strategy, without being distracted from the chart. The product can also visually preview your levels of entry into the market, stop loss and take profit before placing an order. Advantages easy and intuitive interface the control panel in real time 3 modes of setting the order volume 6 stop loss setting modes 5 profit take setting modes calcul
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Versão 1.31 2018.07.18
Fixes associated with the display of additional levels on "Gold"
Versão 1.30 2017.07.11
1. Added information about the price movement today/yesterday/average for 5 days
2. Added display of time until the current candle closes
3. Added the Goiler levels based on the principles of analysis by Gann.
4. Added integration with RiveRControl
Versão 1.20 2017.04.18
1. Fixed incorrect "not closing" of the GAP under certain conditions
2. Added information about the daily price ranges today/yesterday/average for 5 days
Versão 1.10 2017.04.06
1. Fixed incorrect determination of the GAP during the starting initialization of the indicator
2. New Price Action patterns have been added:
Three Inside Up & Down
Kicker
Three BlackCrows & WhiteSoldiers
Three Line Strike
Abandoned Baby Top & Bottom
Three Outside Up & Down
Stick Sandwich
Squeeze Alert
Rising & Falling Three Method