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Masters Bars

Masters Bars is an indicator that plots a line over High and Low of the last Master Bar.

A Master Bar is defined as the decisive candle that exceeds the last decisive candle High-Low range.

This helps traders to see if the chances for trend continuation improve or the chances for a trend reversal increase when Masters Bars range is broken.

Masters Bars include an Alarm function that produces a sound, or even can send an email and/or push notification depending up what you have configured in your terminal (Tools/Options).

The alarm function also have a threshold level to avoid false alarms due slight or over-extended cross.

For owners of Control adora EA, Masters Bars includes the capability to set its levels as trade levels by using the ss or bs price arrows.


Indicator Parameters

  • Set bs and ss on crosses (for Control-adora) - Set as true if you own a Control adora Expert Advisor and want to set a trade level based up on MastrersBars.
  • Level Line Prefix - Sets the first part of the name of each MastersBars' level (useful when use more than one instance of the indicator to plot several timeframes MastersBars).
  • Time Frame - Set the timeframe to calculate the MastersBars' levels.
  • Search for what kind of trades - This allow you to choose among the following choices for the alarm and (if applicable) Control adora's (bs or ss) arrows:
    • Both - Alerts you in each cross of the MastersBars levels.
    • Buys - Alerts you in the bullish crosses of the MastersBars levels.
    • Sells - Alerts you in the bearish crosses of the MastersBars levels.
  • Minimum Threshold to Alert - Sets the minimum distance that the closing bar that crosses the MastersBars levels should exceed the MastersBars' range (High - Low).
  • Maximum Threshold to Alert - Sets the maximum distance that the closing bar that crosses the MastersBars levels should exceed the MastersBars' range (High - Low).
  • Color lines - Sets the color of the plotted lines.
  • Minimum minutes between alerts - Sets the minutes that should pass after an alert to set a new alert.
  • Alarm interval in seconds - Sets the seconds between each alarm sound.
  • Alarm Iterations - Set the number of alarm repetition for each alarm event.
  • Alert on Close Candle - Set as true if you want the alerts be active after a candle close crossing the MastersBars levels. Set as false if you want to activate the alert as soon as a Masters Bars level is crossed by actual Bid price.
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Identifica os intervalos e os próximos movimentos prováveis   |  Obter os primeiros sinais e a força das tendências   |  Obter saídas claras antes da reversão   |  Detetar os níveis Fibo que o preço irá testar Indicador não repintável e não atrasado - ideal para trading manual e automatizado - adequado para todos os activos e todas as unidades de tempo Oferta por tiempo limitado >>   50% OFF Após a compra,   por favor contacte-me neste canal  para obter as definições recomendadas Versão   MT5 :
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Cross Alert is an all-in-one solution for oscillators' cross over and under. Cross Alert manages the levels for the cross under and cross over separately. Thanks to this you can use it to signal zero cross over (by fixing both levels, above to below, and below to above as zero) or over-bought and over-sold levels (like 70 and 30) as well.  With CrossAlert you can also avoid alerts from one kind of crosses (overs or unders), for example if you are in an uptrend perhaps you do not want to have ale
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fakthorx
107
fakthorx 2018.02.11 18:42 
 

Excelente indicador que te deja programar entradas en velas de H4 GMT principalmente cuando no estas frente a tu computadora. Recomendable usarlos en zonas de soportes y resistencias.

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Versão 3.70 2021.11.22
Recompiled with latest MT4 build, requested by mql5.com