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KT Bollinger Shots MT4

KT Bollinger Shots works using a striking blend of the slingshot pattern and the mean-reversion phenomenon applied to financial markets.

In addition, a mathematical algorithm is used with variable deviation to fine-tune the indicator's signals on a different level.

Winning Trade: After a signal, if price touches the middle band in profit, it is considered a winner.

Losing Trade: After a signal, if price touches the opposite band or touches the middle band in loss, it is considered a loser.

!Both scenarios are accounted for in performance metrics and shown on the chart in real-time.

If the probability of price reaching the middle band is 65% or more, it is considered very high due to the self-criticizing nature of the deployed algorithm. 


Key Features

  • The indicator performs analysis of BB shots signals and shows the probability of the upcoming signals closing in profit.
  • Exit points are marked on the chart for each of its signals.
  • Real-time analysis of signals statistics using a self-criticizing mathematical model.
  • Included the alerts for the possible exits after a signal.
  • A vibrant color scheme for better visualization of various indicator events.
  • All Metatrader alerts included. 

Inputs

  • History Bars:  Number of bars to include in the indicator's calculation.
  • Bollinger Bands Settings:  Period, Deviation, and Shift.
  • Mark Exit Points:  If true, the indicator marks the possible exit points.
  • Exit Alerts:  If true, the indicator also send alerts for the possible exit opportunities. 
  • Signal Stats Analysis:  If true, the indicator shows the signal stats and winning probability on the chart.
  • The rest of the inputs are self-explanatory.

Developers

double Upper_Band = iCustom(Symbol(),0,"Market/KT Bollinger Bands Shots",0,1);
double Mid_Band = iCustom(Symbol(),0,"Market/KT Bollinger Bands Shots",1,1);
double Lower_Band = iCustom(Symbol(),0,"Market/KT Bollinger Bands Shots",2,1);

double Buy_Signal  = iCustom(Symbol(),0,"Market/KT Bollinger Bands Shots",3,1);
double Sell_Signal = iCustom(Symbol(),0,"Market/KT Bollinger Bands Shots",4,1);


if(Buy_Signal!=0)   // Buy signal detected
if(Sell_Signal!=0) //  Sell signal detected

double Buy_Stoploss = Lower_Band // Can be used as a possible stop loss for a buy trade. 
double Sell_Stoploss = Upper_Band // can be used as a possible stop loss for a sell trade.
double Take_Profit = Mid_Band // Can be used as a possible profit target for both buy & sell trade.  
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Gold Channel   é um indicador baseado na volatilidade, desenvolvido com um algoritmo de tempo especifico para o par XAUUSD que consiste em encontrar possíveis correções no mercado. Este indicador mostra duas linhas exteriores, uma interior (linha de retração) e um sinal de seta, onde a teoria do canal consiste em ajudar a identificar condições de sobrecompra e sobrevenda no mercado. O preço do mercado cairá geralmente entre os limites do canal. Se os preços tocarem ou se moverem para fora do can
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Indicadores
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QUANTUM TRADING SOFTWARE LIMITED
Indicadores
Currency pairs never go up or down in a straight line. They rise and fall constantly, creating pullbacks and reversals. And with each rise and fall, so your emotions rise and fall. Hope, then fear, then hope. This is when the market will try to frighten you out of a strong position. It is when you are most vulnerable. But not if you have the Quantum Trend Monitor. And here, you even get two indicators for the price of one! The Quantum Trend Monitor has been designed to absorb these temporary pau
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QUANTUM TRADING SOFTWARE LIMITED
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The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly. The Quantum VPOC indicator displays several key pieces of information on the chart as follows: Volume Profile - this appears as a histogram of volume on the vertical pr
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3.67 (3)
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Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
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Apresentando       Quantum Trend Sniper Indicator   , o inovador Indicador MQL5 que está transformando a maneira como você identifica e negocia as reversões de tendência! Desenvolvido por uma equipe de traders experientes com experiência comercial de mais de 13 anos,       Indicador de Atirador de Tendência Quântica       foi projetado para impulsionar sua jornada de negociação a novos patamares com sua forma inovadora de identificar reversões de tendência com precisão extremamente alta. ***C
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Martin Alejandro Bamonte
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Indicador NextCandlePredictor NextCandlePredictor, um indicador de sinal com alerta que não repinta, não muda de cor, não se move, não desaparece e não tem lag. Ele ajudará a identificar a direção da próxima ou próximas velas em qualquer período de tempo. Altamente recomendado para mercados de alta volatilidade, como Nova York, Londres ou até mesmo a sobreposição de ambos. Principais Características: Versatilidade em Timeframes: Fornece sinais rápidos e precisos em qualquer timeframe, de M1 a H1
Trend Navigato
Oleksii Ferbei
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The Forex indicator   TrendNavigator   is a technical indicator. TrendNavigator is a tool that allows traders employing this strategy to better understand what is happening in the market and predict in which direction the price will continue to move. The indicator's values are calculated based on price movements of the currency pair or any other financial asset. Within the scope of technical analysis, the TrendNavigator indicator is used by traders to forecast future price values or the overall
Royal Scalping Indicator M4
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4.17 (6)
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Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
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KEENBASE SOFTWARE SOLUTIONS
Experts
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Experts
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Experts
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vincenzo1964
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vincenzo1964 2022.04.16 17:30 
 

Ho acquistato questo indicatore, ma vorrei dei chiarimenti su come adoperarlo. C'e' un manuale o video da visionare per sfruttare al meglio le potenzialità? Mi riservo in seguito di fare una recensione, grazie.

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Versão 1.5 2023.01.24
- bugs squashing.