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Naked Forex Kangaroo Tail Indicator for MT4

5

Naked Forex Kangaroo Tail Indicator for MT4

Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The Kangaroo Tail is a multi-bar pattern.
The Kangaroo Tail pattern is very effective and is very simple to trade.
The strategy that comes with the Kangaroo Tail is based on price action.
The indicator does what it was designed for: displaying Kangaroo Tail patterns.  Don't expect to follow the up and down arrows and make money. Trading is not that simple. The Kangaroo Tail pattern is a starting point. The arrow is not a confirmed BUY and SELL signal in itself. The Kangaroo Tail indicator alerts you that  the market might be at a turning point now. Then you must use other elements of your strategy (trend, momentum, support/resistance, volatility, daily bias, and other indicators) to confirm the signal and place a trade.

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 signals for BUY and SELL
  • CandleSize: filter signals depending on the size of candle (0.5 to 1.5 recommended range of values)
  • UsePreAlerts (true/false): to enable pre-alerts
  • PreAlertsSeconds (30): time in seconds before the close of the candle when pre-alerts will be activated (pre-alerts can disappear)
  • UseConfirmedSignals (true/false): generate alerts for confirmed signals (at the close of the bar). It is required to set this value to true if you want to receive confirmed signals alerts.
  • PopAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlerts (true/false): to enable alerts of type Push Notification
  • SoundAlerts (true/false): to enable alerts of type Sound
  • SoundFile: file to be used for sound alerts

Trading rules:

  • For BUY: wait for a bullish Kangaroo Tail to print on a support zone after a down trend. Wait for price to break high of the Kangaroo Tail candle (5 pips above the high for H1 and higher time frames). Immediately enter in the trade once high is broken. You also can use a BUY STOP order placed 5 pips above the high of the candle (plus spread). Stop Loss should be placed below the low of the Kangaroo Tail candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.
  • For SELL: wait for a bearish Kangaroo Tail to print on resistance zone after an up trend. Wait for price to break the low of the Kangaroo Tail candle (5 pips below the low for H1 and higher time frames). Immediately enter in the trade once low is broken. You also can use a SELL STOP order place 5 pips below the low of the candle. Stop Loss should be placed above the high of the Kangaroo Tail candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.

The Kangaroo Tail indicator can be used with any time frame.
The Kangaroo Tail indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.

Comentários 2
AlbanGAUTHE
19
AlbanGAUTHE 2023.01.18 15:21 
 

Simple but effective indicator. I like it. Would recommend it to other traders. Not all signals are good but with some simple trend filters I was able to achieve great results.

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Thushara Dissanayake
4.33 (6)
Desbloqueie o poder das informações de volume real com o indicador   Candle Power Pro   . Esta ferramenta dinâmica captura os dados de volume reais para cada vela e os apresenta como uma porcentagem do volume total. Ao fazê-lo, permite-lhe discernir a luta contínua entre compradores e vendedores no mercado. O Candle Power Pro exibe a batalha entre compradores e vendedores como uma porcentagem do volume total, fornecendo informações valiosas sobre a dinâmica do mercado. Você pode facilmente confi
Market Breaker Updated version 3
Allistair Kabelo Mandow
1 (1)
Features for software Main functions: Accurate entry signals WITHOUT REPAINTING! Once a signal appears, it remains valid! This is a significant distinction from repainting indicators that might provide a signal and then alter it, potentially leading to deposit losses. Now, you can enter the market with higher probability and precision. There's also a function to colour candles after an arrow appears until the target (take profit) is reached or a reversal signal appears . Display of STOP LOSS
Weis Wave with Alert
Trade The Volume Waves Single Member P.C.
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Rental/Lifetime Package Options and Privileges' * For optimum results the yearly or lifetime package is suggested due to live training and Discord  channel trading with the  creator! Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Free Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x 2-hour live methodology traini
MartingaleArrow
Abdulkarim Karazon
Martingale Arrow é um indicador mt4 do tipo seta projetado para negociação de opções binárias martingale, esta seta é impressa na barra aberta/intra e dá alerta. COMO USAR: abra a negociação no momento em que a seta aparecer, se a negociação for vencida, aguarde o próximo sinal e negocie o mesmo lote. Se a negociação perder o lote duplo no próximo sinal e continuar fazendo isso até que o sinal ganhe, então reinicie e negocie com o primeiro lote de negociação. PRAZO RECOMENDADO: QUALQUER Depósit
A. O que é A2SR ?   * É um indicador técnico importante (sem repintura, sem atraso). -- Orientação : -- em https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- e https://www.mql5.com/en/users/yohana/blog A2SR tem uma técnica especial para determinar os níveis de Suporte (demanda) e Resistência (oferta). Ao contrário da maneira comum que vimos na rede, o A2SR tem um conceito original na determinação dos níveis reais de SR. A técnica original não foi retirada da internet, e tam
Full STO
Roman Smoroda
Indicador STO completo (inclui todas as versões dos três indicadores STO: Premium, Gold, Silver) - STABLE TRADE OPTION foi concebido para a negociação automática de opções binárias.  LER COM ATENÇÃO!!!!! IMPORTANTE Num terminal, criar dois modelos com expirações diferentes, um modelo para as 18:01, 18:02 com expirações de 1 a 15 minutos e um modelo para as 22:00 com expirações de 10 a 20 minutos. Taxa de vitórias: 71% nos últimos 5 anos Gestão de dinheiro: 0,3% do depósito Esta versão
40% DE DESCONTO PARA O NATAL! AUMENTO DE PREÇO PARA $250 EM 1º DE JANEIRO! Apresentando GoldenGate Entries: Uma Solução de Negociação de Ponta! Descubra uma abordagem revolucionária para a negociação com o GoldenGate Entries (GGE), um indicador avançado projetado para elevar sua experiência de negociação. O GGE oferece um conjunto abrangente de recursos para capacitar os usuários com precisão e confiança em suas decisões de negociação. Pares: Qualquer (FX - Commodities - Equities - Ações
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Matrix indicator for MT4 by ITC
Renaud Herve Francois Candel
Matrix Indicator Matrix Indicator is a simple but effective indicator. Matrix indicator displays usual oscillators indicators in a user friendly color coded indicator. This makes it easy to identify when all indicators are aligned and spot high probability entries. Inputs of indicator are: Indicator: RSI, Stochastic, CCI, Bollinger Bands Param1/Param2/Param3: usual settings for the indicator ValueMin: Oversold level for oscillator ValueMax: Overbought level for oscillator The indicator
Trend Direction ADX indicator for MT4 Trend Direction ADX is part of a series of indicators used to characterize market conditions. Almost any strategy only work under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc.. Trend Direction ADX is an indicator to be used to characterize trend direction: trending up trending down ranging Trend Direction ADX is based on ADX standard indi
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AlbanGAUTHE
19
AlbanGAUTHE 2023.01.18 15:21 
 

Simple but effective indicator. I like it. Would recommend it to other traders. Not all signals are good but with some simple trend filters I was able to achieve great results.

Anyelina Diaz
25
Anyelina Diaz 2022.04.28 03:25 
 

O usuário não deixou nenhum comentário para sua avaliação

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Versão 2.50 2023.07.02
New compilation
Versão 2.42 2023.01.18
Technical update - no change in the features