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Naked Forex Big Shadow for MT5

Big Shadow Indicator is a pattern recognition indicator for Forex and Binary Options.

The Big Shadow is an enhanced pattern of the popular engulfing candle.

The Big Shadow pattern is very effective and is very simple to trade.

The strategy that comes with the Big Shadow is purely based on price action.

Inputs of the indicator are:

  • Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol
  • UseAlerts (true/false): to enable alerts
  • PopAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlers (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
  • TestSound (true/false) : plays selected sound at init time to check that sound is working fine

Trading rules:

  • For BUY: wait for a bullish Big Shadow to print on a support zone after a down trend. Wait for price to break high of the Big Shadow 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 Big Shadow candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.

  • For SELL: wait for a bearish Big Shadow to print on resistance zone after an up trend. Wait for price to break the low of the Big Shadow 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 Big Shadow candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.

To draw the support and resistance levels to trade with the Big Shadow, you can use the Fx Levels indicator : https://www.mql5.com/en/market/product/23089

We also offer the Naked Forex Kangaroo Tail indicator that might interest you: https://www.mql5.com/en/market/product/23073

The Big Shadow indicator can be used with any time frame.

The Big Shadow indicator can be used with any class of asset: Forex, Binary Options, Futures, Commodities, Stocks.

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Ara Channel это канальный индикатор призван помогать определять вероятные точки разворота цены. Будет полезен трейдерам торгующим как в тренд так и в контртренд. Сигналы индикатора могут служить как полностью самостоятельными для торговли , так и как дополнительными , подтверждающими. Индикатор имеет всего две настройки: Period_MA это обычная скользящая средняя рекомендуемые значения от 8 до 480, Period_Channel  это период для расчёта границ динамического канала. Преимущества : не перерисовывает
150 USD
Impuls RMT
Dim Hakimov
Только что открыли позицию, а цена резко пошла в другую сторону..Что делать? Просто потерпеть, усредниться или отстопиться (закрыться) и снова войти в сделку, но уже в противоположную сторону?  Как поступить...а может просто снимать сливки и торговать по разворотным импульсам ….в этом Вам поможет и подскажет Индикатор тенденций и разворотов на базе коллекции паттернов советника  ReversMartinTral  https://www.mql5.com/ru/market/product/28761 который кроме рекомендаций и сигналов реверса вклю
200 USD
Volume by Price Devops
Brian Collard
The ' Volume by Price ' indicator displays the relations between volume , price and time in various forms. Main features Volume Profile - horizontal histogram and line graph Volume over Time - vertical histogram and bubble graph Volume Weighted Average Price (VWAP) Volume Point of Control (VPOC) High and Low Volume Nodes (HVN and LVN) Value Area High and Low (VAH and VAL) Volume delta by price and time Multiple time frame analysis Dynamic and fixed price zone grid Drag and drop or fixed ran
7 988 USD
MT5 Dynamic Gann Box
Naveen Saroha
INTRODUCING WORLD'S FIRST MT4 & MT5 Dynamic Gann Box and Circle To Analyze Markets Geometric Relationship. Dynamic Gann Box has some of the most impressive features you will ever find in Gann & Geometric Analysis world. The Dynamic Gann Box is a Tool to Drawing offset angles,squares and circles.Mr. M.S jenkins followed  offset squaring methods their 3dividers- 33.3,66.6 also known as WD.Gann 333,666 method,4 dividers 25%,50%,75% to find out Timing Reversal/turning Points and support/resistanc
240 USD
Advanced Price Pattern Scanner MT5
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
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Versão 1.30 2020.10.04
New compilation