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Stop Grabber

The indicator determines a special pattern of Joe Dinapoli. It gives very high probability buy and sell signals. Indicator does not repaint.

Indicator Usage

  • Buy Signal ''B''
    • Entry : Market buy order at signal bar close
    • Stop : Low of signal bar
    • Take Profit : First swing high
  • Sell Signal ''S''
    • Entry : Market sell order at signal bar close
    • Stop : High of signal bar
    • Take Profit : First swing low

Indicator Parameters

  • Fast EMA : External Parameter (should be kept as default)
  • Slow EMA: External Parameter (should be kept as default)
  • Signal EMA: External Parameter (should be kept as default)
  • Marker Offset: Adjust display location of signal on chart
  • Font Size: Size of signal letter on chart
For MT5 version, please visit => https://www.mql5.com/en/market/product/29488


butcherfx
410
butcherfx 2018.04.30 19:39 
 

The ındıcator is accurate. Thanks