Top Bottom Protruder
Gives an early warning visual for new trading opportunities when the line extends outward at the upper or lower extremes of the indicator window, and clear signs of a peak or trough is forming when the line becomes angled.
Make sure the chart is zoomed out completely to see this happen.
The algorithm used in this indicator combines input from Support/Resistance levels and different Moving Average combinations.
This indicator can be used on all time frames and pairs.
Features alert function.
No need to set up the indicator.
How to use:
Simply attach to any chart.
Please PM me for instructions.
Best results when the chart is zoomed out completely.
NB: Look for new trades after the Protruder has formed above/below XLevels (comment #7).
Make sure that the current time frame, as well as the higher time frames reaches these levels before attempting a trade, or use as you see fit for your strategy.
When the blue line protrudes below the red line at the lower extreme of the indicator window, and becomes angled upward, it signals buying opportunities. (comment #7).
When the red line protrudes above the blue line at the upper extreme of the indicator window, and becomes angled downward, it signals selling opportunities. (comment #7).
Best results on Major Pairs, but can also be used on other pairs.
Important to note:
Please do not use this indicator haphazardly. Make sure it compliments your strategy.
Don't risk money you cannot afford to lose.
You use this indicator at your own risk. Please apply money management wisely.
Always test your strategy on a demo account before using a new indicator on a live account.
KT Asian Breakout indicator scans and analyzes a critical part of the Asian session to generate bi-directional buy and sell signals with the direction of a price breakout. A buy signal occurs when the price breaks above the session high, and a sell signal occurs when the price breaks below the session low. MT5 Version is available here https://www.mql5.com/en/market/product/41704 Things to remember If the session box is vertically too wide, a new trade should be avoided as most of the price
Trend Line Chart Pattern Signals Is a traders Tool for Signals based on Strong Patterns Formed By a pair of robust trend lines. They FOR WITH DIFFERENT POPULAR PATTERNS ON CHARTS LIKE – TRIANGLES, FLAGS,RANGE , ASCENDING TRIANGLES, DESCENDING PATTERNS, PENNANTS ETC. The TREND LINES form dynamically on running bars. The sensitivity of the trend lines can be changed by custom settings. The Buy and Sell Signals Generate upon Break Of the Trend Line + "Close" of the same bar above the previo
The Pivot Bro Economy technical indicator designs for identifying Retracement areas by Pivot , Fibonacci , ATR and ADR Levels. It is also identifies price action based Reversal Candlestick Patterns . On the other hand, the Currency Meter is a great handy tool for identifying the real strength of major currencies. It analyzes 28 Pairs for shows their strength on the chart and quickly indicate their position changing the color. So every trader can use this indicator to get good entries by ident
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move. MT5 Version is available here https://www.mql5.com/en/market/product/23373 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the breakout signals acr
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
The indicator compares pattern found on chart history with the current price movement. Since history repeats itself, then, by comparing the two patterns, indicator can predict the further movement of the price. The indicator allows you to overlay highlighted history pattern with current movement and you will visually see this movement and will be able to compare the past and the present. To compare two patterns, you need: It is necessary to find and highlight a pattern on the history chart of a
O padrão triplo superior e inferior é um tipo de padrão gráfico usado para prever a reversão da tendência. O padrão ocorre quando o preço cria três picos quase no mesmo nível de preço. A recuperação da resistência perto do terceiro pico é uma indicação clara de que o interesse de compra está se esgotando, o que indica que uma reversão está prestes a ocorrer. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Sinais de negociação claros Cores e tamanhos
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
This indicator scans the 1-3 Trendline pattern . The indicator is a 100 % non repaint low risk breakout system . The patterns are formed around swing high and swing lows which make them a low risk pattern with high reward. PATTERN BACKGROUND The 1-3 Trendline Breakout pattern is formed by four(4) points which are composed of three (3) primary points and the pattern neck. A trendline is always formed by the point 1 and the neck of the pattern . When price breaks out of the trendline formed , it
Advanced Pattern Recognition Indicator If you struggle to have a consistent strategy, this indicator is just great for you. Also known as "harmonic patterns", this indicator is a tool for those who want to take money from market when the price is just a mess. This software helps you to identify patterns such as Gartley, bat and cypher. This indicator does not redraw like all the "harmonic software" you will find in the market. This feature gives you enough time to decide if it is a good trade o
Trend Flasher Trend is your friend is the age old saying quote in trading arena, there are though many ways to gauge the trend and its direction, more scientific measure and logically meaningful will be an ATR break outs to identify and spot the trend and its acceleration, so we created this easy to use trend identification panel and optimized super trend based multi time frame panel entry system to aid and help the traders to make their trading decision. Unique Features of Trend Flasher 1
Chart Patterns Detect 15 patterns (Ascending Triangle, Descending Triangle, Rising Wedge, Falling Wedge, Bullish Flag, Bearish Flag, Bullish Rectangle, Bearish Rectangle Symmetrical triangle, Head and Shoulders, Inverted Head and Shoulders, Triple top, Triple Bottom, Double Top, Double Bottom) Use historical data to calculate the probability of each pattern to succeed (possibility to filter notification according to the chance of success) gives graphic indication about the invalidation level and
Breakout Pro Scalper Solution This indicator is part of the RPTrade Pro Solutions systems. Breakout Pro Scalper Solution is a daily trend indicator using Price Action, Dynamic Support and Resistances. It's designed to be used by anyone, even the absolute beginner in trading can use it. NEVER repaints . Indications are given from close to close . Designed to be used alone , no other indicators are required. Gives you the trend and potential Take Profit at the beginning of the day. A sp
This Scanner Is best all around you can get Market Trends ,Price of all watchlist,ATR, Volume, RSI, Stoch, ADX, Pivot points , Resistance and Support Points on the Symbols in your watchlist, using this and the best part is it give alert in all format whether its a e-mail, or Phone Notification alert, or Pop-up Alerts. There are multiple points as : 1) ATR(Average True Range) -> you will need this when market is sideways. 2) Volume - > For reaching out to trends you gonna need this. 3) RSI (Rela
The indicator shows you buy/sell signals and does not repaint. It works well with almost all pairs, while the best ones are GBPUSD, XAUUSD and EURUSD. The product works better on H1 and H4. You can change the parameters in the inputs tab to get the best signals and the best trade results on each pair. You can enable/disable alerts when signal appears. The indicator is easy to use. Parameters barstrip & Sensitive: amount of bars to process the highest and lowest prices (relates to the internal
The indicator shows the potential trend direction by cyclical-wave dependence. Thus, all the rays of the intersection will be optimal rays, in the direction of which the price is expected to move, taking into account the indicator period. Rays can be used as a direction for potential market movement. But we must not forget that the approach must be comprehensive, the indicator signals require additional information to enter the market.
Hrumer Alpha - um indicador forex fundamentalmente novo, que é construído sobre o algoritmo de rastreamento dos valores de pico do preço. Este não é o ZigZag e nem o Fraclals e, apesar da semelhança visual, não tem nada a ver com esses indicadores. Ele não redesenha seus valores e trabalha a partir da barra zero, isto é, com Open . Ele reage rapidamente a quaisquer alterações no preço e informa o comerciante sobre as reversões. Funciona em todos os pares de moedas e prazos. Você pode usar par
This indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher time frames. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the strategy explanation below). A sep
FX Levels indicator is a very useful and powerful indicator to trade Forex and Binary Options. The purpose of the indicator is to draw levels that are turning points in the market. These lines show support and resistance levels and should be used as guideline to figure out possible turning points and targets. The indicator draws these levels analyzing the H1, H4, D1 and W1 timeframes. Levels can be customized (color, style, line width). Inputs Prefix - prefix used by broker (for instance if sy
Wolfe onda indicador MT4 MT4 4 Wolfe Indicador de onda Wolfe chama de onda no modo totalmente automatizado Wolfe onda indicador - Os benefícios Nós não usamos ZigZag e trabalhar com fractais. Nosso indicador é capaz de reconhecer todos os paterns Wolfe onda no intervalo de tempo especificado Então, vamos verificar todos os top de potenciais 1,2,3,4,5 pontos não só ZigZag partes superiores Indicador tem um monte de parâmetros ajustáveis
The Trend PA indicator uses Price Action and its own filtering algorithm to determine the trend. This approach helps to accurately determine entry points and the current trend on any timeframe. The indicator uses its own algorithm for analyzing price changes and Price Action. Which gives you the advantage of recognizing, without delay, a new nascent trend with fewer false positives. Trend filtering conditions can be selected in the settings individually for your trading style. The indicator
KT COG is an advanced implementation of the center of gravity indicator presented by John F. Ehlers in the May 2002 edition of Technical Analysis of Stocks & Commodities magazine. It's a leading indicator which can be used to identify the potential reversal points with the minimum lag. The COG oscillator catches the price swings quite effectively. MT5 version of the same indicator is available here KT COG Advanced MT5 Calculation of COG The COG indicator is consist of the two lines. The mai
The robot created with basis is chart pattern. Chart Pattern is patterns of movement formation on the price chart. Chart Pattern is price chart patterns that occur repeatedly, So the pattern can be used to predict where prices will move. important, the main attraction of the Chart Pattern analysis is the future repeated occurrences of certain price formations. Important, The chart pattern is created by the algorithm of this robot and the Robot only produces 1000 Chart patterns from 2009-2019 an
This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has moving average, RSI/Bollinger, ADX, pin bar and engulfing filter options which makes it possible to filter out only the strongest setups. The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading. For ins
Swing Trading é o primeiro indicador projetado para detectar oscilações na direção da tendência e possíveis oscilações de reversão. Ele usa a abordagem de negociação de linha de base, amplamente descrita na literatura de negociação. O indicador estuda vários vetores de preço e tempo para rastrear a direção da tendência agregada e detecta situações nas quais o mercado está sobrevendido ou sobrecomprado em excesso e pronto para corrigir. [ Guia de instalação | Guia de atualização | Solução de prob
The most powerful Indicator to draw daily/weekly/monthly Pivots. Pivot Types: Floor (Most) Fibonacci Woodie Camarilla Pivots Periods: Daily Weekly Monthly Usage: Possible trend reversals Predict Bounces Predict Possible Sideways Specify best Take profit and Stop loss Powerful Support/Resistance levels Understand the market sentiments Daily Pivots are the most profitable levels for Forex/CFD/Stock markets and many traders around the world are looking for them.
KT Momentum Arrows Indicator is based on a momentary breakout which is calculated using the bands deviation and emerging volatility in a certain direction. A buy signal is generated when the price close above the upper band and a sell signal is generated when the price close below the lower band. A magnitude coefficient is used as the input which affects the band deviation and volatility at the same time. The coefficient value should be carefully selected and analyzed based on the instrument and
Trendlines are the most essential tool of technical analysis in forex trading. Unfortunately, most traders don’t draw them correctly. Automated Trendlines indicator is a professional tool for serious traders that help you visualize the trending movement of the markets . There are two types of Trendlines Bullish Trendlines and Bearish Trendlines. In the uptrend, Forex trend line is drawn through the lowest swing-points of the price move. Connecting at least two "lowest lows" will create a
The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion levels. The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. Al
The indicator shows significant support and resistance levels. When the price approaches these levels, it in some way responds either to the levels themselves, or to the areas that are near these levels. These levels can be viewed as potential reversal zone. Accordingly, the levels can be used for performing trading operations or closing previously opened positions. For example You can buy if the price rolls back from the support level upwards, or sell if the price rolls back from the resistan
Or (TDO) ⭐⭐⭐⭐⭐ which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market. It is highly recommended to analyze charts knowing the performance of individual currencies or the countries ec
Welcome to MAX Why Indy V.1 The Best Signal Indicator. It's a good signal pointer. By scanning for signs of price reversal By using Stochastic and MA indicators. You can choose which time frame to use for each currency pair. Enabled for each currency pair. Functions to be customized. You can see Signal in the lower right corner. This indicator It will help tell you the trading signals for you without having to wasted time looking through the charts. Update: - Sound ON Setting - Alert ON Set
GOLDEN CHIP TUTORIAL LINK BELOW! https://youtu.be/R69zucG3EnY Golden Chip provides Basic Market Structure, Fibonacci, supply and Demand Zones. Letting you identify when a sell off point is approaching or when a buy opportunity is arriving. The awesome thing about Golden Chip is that, you will see rejection levels or continuation before ANYBODY ! This indicator moves directly with price and lines up perfectly with the Chart. Some indicators would lag but NOT this one ! Golden Chip is amazing f
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. TPA has been developed by traders for traders and is not another combination out of existing indica
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
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Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
B ULL B EAR I NNOVATION ⚜️ Technology To Success ⚜️ Correct identification of the trends in stock investments are pivotal and TrendFollowerSR ensures this perspective while displaying the correct trend on multiply timeframes to help you go long way as much as possible. The latest technology of the Indicator enables to track whether if a certain trend has just begun ,
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CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐ Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a wort
Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced
MonsterDash Harmonic Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for tho
Most accurate Pattern indicator on this market. It search triangles, wedges, channels (next patterns and autoscanner in plan) Works on Forex, Commodities, Indicies, Stocks, Crypto, ... on all timeframes and on every brooker. For more info join to DISCORD where you can get info how to set, how to trade with this indi VERSION 2 OUT !!! - template file for version 2 - check comment #7 how to update Warning : Don't always open trade when you get alert on break. Before open trade pl
This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. You can get alerts via MetaTrader 4, email and push notifications at the moment when a sig
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*NOTE : Arrow showing on or off would mean that there is a "possible change of signal" for that certain pair.. and this is requested by traders who wants signal at the very moment they saw a cross. However, if you are a trader who wants a "confirmed signal", you should wait for the current candle to close so the arrow signal will be classified as "confirmed". WELCOME to a very new algorithm in the market which you have never seen before. MACD Currency Strength Meter: 2 indicators in 1! MACD C
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Introduction The Trap Move or what's also called a Bullish/Bearish failure have one of the highest win rates in technical analysis. They occur when a new high or low is formed which is then immediately violated - forming a Trap Move. Trap Moves are often followed by a Waterfall Event making this a Low Risk/High Reward Pattern. Bull Traps are formed when the very reason for everyone buying is instantly stripped, causing price to decline. Bear Traps are formed when everyones reason for selling i
Or CKC . ⭐⭐⭐⭐⭐ This indicator works depending on the classic ten-day moving average rule described by Chester W. Keltner (1909–1998). All parameters are set to the classic version of the Keltner system by default, while the user can change them if he wants. Try Demo before you buy: https://www.mql5.com/en/market/product/47130 Read CKC Manual: https://www.mql5.com/en/blogs/post/736577 CKC Expert Advisor Example: https://www.mql5.com/en/blogs/post/734150 About Keltner Channel Formula Calculate
This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version to try this product. You can use it to detect Gartley and Nenstar patterns: https://www.mql5.com/en/market/product/30181 Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button
Or " MAC ". ⭐⭐⭐⭐⭐ This is an indicator designed to help you capture and trade the trend. The idea behind this indicator can be explained in the next steps: Draw a fast-moving average Envelope. Draw a slow-moving average Envelope. The MAC Upper Band is the highest value between the high of both Envelopes. The MAC Lower Band is the lowest value between the low of both Envelopes. The MAC Histogram Cloud fills the distance between two bands to show you change in direction. Blue Cloud indicates th
Currency Strength Meters are a great way to identify strong and weak currencies. With this CSM indicator attached to your chart, you will get a clear overlook over the 8 major currencies: USD, EUR, JPY, CAD, CHF, GBP, AUD, and NZD. Suggested timeframes to scan is: M15 - H1 - H4 - Daily You can however just change timeframe to check in the settings. Bear in mind that scanning very low timeframes such as M1 will require a lot of resources and might make your mt4 terminal slow. The strength s
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
A. What is A2SR ? -- Full guidance : -- at https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and https://www.mql5.com/en/users/yohana/blog A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original concept in determining actual SR levels. The original technique was not taken from the internet, and it has never been published on the internet either. A2SR will
The Controversial 5-Step System That Professional Traders Use To Unlock Trading Success! Reversal Pro effectively combines price action, ideal location and reliable statistics in one smart algorithm. Understanding the market in this unique perspective allows you to recognize reversals professionally. Discover The Secret Of Professional Traders Get instant access ► www.mql5.com/en/blogs/post/716077 Copy & Paste what professional traders are doing right now! How To Trade Step 1: Trade Setu
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail 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 MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
Note that versions under 8 have critical problems, Final version(8.15) is the only one that provides reliable signals. BBMA Dashboard is selling only on MQL, Don't get fooled by Scammers This is a Multi pair and Multi time frame dashboard. it is looking for 16 Essential Types of "BBMA System" Setups and Signals (founder of the system is Mr. Oma ally): * Reentry Dashboard (touching WMA5) * CSM Dashboard (closing candle out of Bollinger Band) * CSAK Dashboard (closing candle beyo
Indicator input signal update.
Input signal updated and trend filter enhanced.
Enhanced signal input.