ABC Trend Levels Pro MT5

Description


ABC Trend Levels Pro is an indicator that identifies market trends and important trend support and resistance levels.

Recommendations


You can use this indicator to determine the trend and, accordingly, to determine the direction of opening a position or closing an opposite position.

Parameters


===== _INDICATOR_SETTINGS_ ===== - indicator settings
Maximum History Bars - maximum number of history bars for calculating the indicator.
Average True Range Period - ATR indicator period (used to calculate the difference between moving averages).
Fast Moving Period - period of the fast moving average.
Slow Moving Period - period of the slow moving average.
Movings Difference - minimum difference between moving averages (for searching impulses) expressed in the number of ATR-values.
Impulse Boost Level - boost level of impulse.
Turn Point Correction - correction of turn point.
A-Wave Create Type - creation type of wave A.
B-Wave Create Type - creation type of wave B.
Use Vic Line - use Vic Sperandeo line.
===== _GRAPHICS_SETTINGS_ ===== - graphics settings
Trend Lines Color - color of trend lines.
Trend Lines Width - width of trend lines.
Support-Level Lines Color - color of support-level lines.
Middle-Level Lines Color - color of middle-level lines.
Resistance-Level Lines Color - color of resistance-level lines.
Level Lines Width - width of level lines.
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Range Cycle Indicator. Gives signal on price range cycling smoothed by moving average. It is better to use it on H1+ timeframes and avoid side markets. Because if market is flat this indicator will give too many zero profit or even losing signals. Parameters: PopUpAlert - to allow it to alert when trend changes; EMailAlert - for email alerts; period - this is a smoothing criteria, use higher values on lower timeframes; TimeFrame(new) - higher timeframe (or the same) to use for calculation, defa
The iChannels
BeeXXI Corporation
5 (2)
Ultra-fast recognition of parabolic channels (as well as linear, horizontal and wavy channels) throughout the depth of history, creating a hierarchy of channels. Required setting: Max bars in chart: Unlimited This indicator is designed primarily for algorithmic trading, but can also be used for manual trading.  This indicator will have a very active evolution in the near future and detailed descriptions on how to apply to create robots
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