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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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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) 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. There are available now two free parts of the TPA User Guide for our custo
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- 50% OFF - Telegram group : https://t.me/+5RIceImV_OJmNDA0 MT5 version : https://www.mql5.com/en/market/product/85917?source=Site+Market+Product+Page Master Pullback is a complete system that gives unique trading opportunities and a clear indication of the market: trend, signals as well as stop loss and take profit levels. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, as well as the major trend. You
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Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool.  However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal  Sniper  Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i
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Guner Koca
5 (1)
Thise indicator is up down v6  comes with tradingwiev version. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView version. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that is dow
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Yury Orlov
4.7 (225)
Este é um indicador para MT4 que fornece sinais precisos para entrar em uma negociação sem redesenhar. Ele pode ser aplicado a qualquer ativo financeiro: forex, criptomoedas, metais, ações, índices. Ele fornecerá estimativas bastante precisas e informará quando é melhor abrir e fechar um negócio. Assista o vídeo (6:22) com um exemplo de processamento de apenas um sinal que compensou o indicador! A maioria dos traders melhora seus resultados de negociação durante a primeira semana de negociação c
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4.61 (18)
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Andrey Kozak
5 (3)
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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.