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Abiroid ProfitPercent Arrows MA Confluence

Profit Percent Series 2

The scanner dashboard available here (for  Free):

https://www.mql5.com/en/market/product/51079/

The video tutorial for Common Profit Percent Settings is available here:

https://youtu.be/hsPqUk9UIvo

And video tutorial for this MA Confluence Indicator is here:

https://youtu.be/Apbo4z1tEsg

Read detailed information about MA Confluence here:

https://abiroid.com/indicators/abiroid-profit-percent-ma-confluence


Here's a post about Common Settings for all Profit Percent Series Indicators:

https://abiroid.com/indicators/profit-percent-series-common-settings


Strategy:

Main Signal Indicators (Any One): MA Cross (In-built) or Hull, OBV Cross, Heiken Ashi Cross

Validation Indicators (Preferably less than 3): OBV (with Min Distance), Heiken Ashi, ADX, SuperTrend, PSAR, Higher TimeFrame EMA Alignment

Main Signal will first generate a BUY/SELL Signal when:

If MA Cross True:

  • BUY: Fast MA crosses Slow MA upwards
  • SELL: Fast MA Crosses Slow MA Downwards

If OBV Cross True:

  • BUY: OBV Crosses OBV-MA upwards
  • SELL: OBV Crosses OBV-MA downwards

If Heiken True:

  • BUY: Heiken Changes from Bearish to Bullish
  • SELL: Heiken Changes from Bullish to Bearish

If MA Cross is true and OBV Cross and Heiken are also True, it will only use MA Cross as Main Signal. While OBV and Heiken will be used as Validating Signals.

There can be only 1 Main Signal which will generate the BUY/SELL Arrows. All other indicators will be used for validation only.


Once a BUY/SELL Signal is generated, it will check all validating indicators and see if they also indicate a BUY/SELL.

If they don't validate, then signal is ignored. Or else if everything is in Confluence then you will get a BUY or SELL Arrow and SL and TP lines will be generated.

All Signal Settings:

MA Cross Checks (Main Signal)

  • MA (In-Built with MT4)
  • Hull MA

OBV Cross Check (Main or Validation)

In Dashboard, for MinOBVDist (Minimum OBV Distance) you can also set different values for different timeframes. This will also work in Arrows Indicator.

It's useful in arrows because you might want to save a common template that the dash will open. And would like all values to be preset.

OBV-MA: Is the Moving Average of "OBV_MA_Period" number of last OBV Values. Using "OBV_MA_method" Moving Average Method.

BUY: OBV should be at least Min Distance above OBV-MA

SELL: OBV should be at least Min Distance below OBV-MA

Heiken Cross Check (Main or Validation)

BUY: Heiken should be Bullish

SELL: Heiken should be Bearish

ADX (Validation):

ADX should be above Threshold for both BUY and SELL

BUY: +DI should be above -DI

SELL: -DI should be above +DI

SuperTrend (Validation)

BUY: SuperTrend should indicate Buy (Blue)

SELL: SuperTrend should indicate SELL (Orange)

PSAR (Validation)

BUY: PSAR dot should be under the price

SELL: PSAR dot should be above the price

EMA Higher Timeframe Align (Validation)

If Number of timeframes is 3, it will check current timeframe alignment with 2 higher timeframe alignment.

If all are aligned with Main Signal, then it will allow the signal.

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"It's not about how much you do, but how much love you put into what you do that counts."    - Mother Teresa Today you have the ability to unlock the most powerful trading Indicator.In my trading Carrier,I have been using this indicator to take a perfect entry and exit with nice safe profit.And with full trust,Today I'm sharing this secret strategy with you.Great fund manager never risk their trade on one single order,instead they take more trade orders at different instrument to build an effec
89 USD
Best And Worst Dashboard
Chantal Sala
Best and worst Dashboard was born from the idea to have a panel that includes all the symbols in a chart. It is very importance to understand which symbols are both positive and negative. In the past, we realized the single indicator Best and Worst ( https://www.mql5.com/en/market/product/11784 ), now thanks to the upgrading of the Metatrader the dashboard displays all the instruments simultaneously. A great revolution. This Dashboard is able to calculate performance at any time frame and clicki
100 USD
PTS Demand Index
PrecisionTradingSystems
Demand Index was the creation of James Sibbet and uses complex code to make simple work of the interpretation of volume and price as a combination. Understanding volumes is never an easy task but this beautiful piece of programming certainly makes like a lot easier. There are several ways in which this indicator can benefit traders and investors alike. Divergences (As a Leading indicator) Having studied many technical indicators over the years I have formed the opinion that Demand Index is one
95 USD
DynamicSR
Ashok Nale
DynamicSRchannels indicator draws Dynamic Support & Resistance channel in order to predict Open value of next bar. Space in the right side of the chart consists of SR trendlines drawn based on history data. At any point of time price movement is controlled by these SR lines. This Indicator draws these SR lines for the open price of the next bar and makes it easy to predict the movement of the price. There can be three different possibilities of the movement of the current price: Break down the l
100 USD
BiB Channel
Siarhei Baranouski
The main objective of the indicator is an accurate forecast of short-term trends. A rising channel is usually broken downwards and replaced with a falling one when confirmed by tick volumes, while a falling one is usually broken upwards and replaced with a rising one again when confirmed by tick volumes. Sometimes, upward and downward channels are replaced with flats. A channel width and duration are defined by the market situation and market phase (bullish or bearish). In our case, tick volumes
99 USD
Culmination candle x2
Andrii Malakhov
The indicator searches for the largest candles with minimum wicks for the last X candles. Sometimes, such candles mark the presence of a strong buyer, who quickly and strongly pushes the price in the right direction. However, most often, these are culmination candles, especially at the end of a prolonged trend when a single large candle knocks out stop losses of the most persistent traders and the price reverses instantly. The indicator allows you to open a position on the very edge of the marke
99 USD
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Versão 1.4 2020.10.31
v1.4 Made for "Use MA+ATR" Optional for calculating ATR Channels.
Versão 1.3 2020.10.28
MA Confluence v1.3
- Fixed bug of SuperTrend always true because of incorrect naming in SET file conversion
- Normalized price for SL/TP price lines to broker's digits
Versão 1.2 2020.10.21
MA Confluence Arrows v1.2
- Arrow will now appear on Open of New bar.. If BUY/SELL validation checks on close of previous bar
- Added Entry Point lines
- Added option for displaying Price on SL/TP labels
- Fixed incorrect SL/TP Percentage when "On New Signal Exit" false
Versão 1.1 2020.06.23
v1.1 MA Confluence
- Fixed bug OBV Min Distance 0
- Fixed bug Dash not loading properly for all 28-pairs
- Added more detailed logs for why a signal is ignored (which indicator not in confluence)