FX Sniper Yellow indicator for MT5

FX Sniper Yellow Indicator

FX Sniper Yellow is an exclusive leading indicator to trade Forex with your Metatrader trading platform.
FX Sniper Yellow is able to analyze market participants behavior and to predict changes in the price direction even before movement starts.
Most indicators are lagging indicators and are useless. FX Sniper Yellow is a unique leading indicator.
The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of price action.
FX Sniper Yellow never repaints. Once candle is closed signal is confirmed and arrow will never disappear.

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
  • UseAlerts (true/false): to enable 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
Size and color of the arrows can be setup in the Color tab of the indicator.

Trading rules:
  • Enter trade at opening of next candle in the direction of the signal (SELL/BUY)
  • Place stop at the top (SELL) or bottom (BUY) of the signal candle or use stop based on ATR
  • Take profit with reward / risk of 2:1 or 3:1
  • You can filter entry signals to only go with the trend. We recommend therefore to use Trend Direction UD Indicator
  • Filtering signals with the trend is optional. This is not mandatory.

The indicator can be used with any time frame.
It can be used to trade Forex, Stocks, Indices, Futures and Cryptos.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

Indicators for MT5:
All our indicator are developed both for MT4 and MT5.

List of all our indicators:
👉  You can get the complete list of our indicators visiting our profile page.

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AriX Indicator for MT5 A powerful trend-following and signal-evaluation tool AriX is a custom MT5 indicator that combines Moving Averages and ATR-based risk/reward logic to generate clear buy/sell signals. It visualizes dynamic SL/TP levels, evaluates past trade outcomes, and displays win/loss statistics in a clean on-chart panel. Key features include: Buy/Sell signals based on MA crossovers ATR-based SL/TP1/TP2/TP3 levels with visual lines and labels Signal outcome tracking with real-time stat
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5 (1)
Uptrend Insider A clean and powerful trend-following indicator that helps you catch the beginning of uptrends and exit before the market turns into a range or downtrend. How it works:   Green → Uptrend signal (potential buying opportunity) Orange → Ranging / sideways market possibility but maintain the trend positions just keep an eye for possible ranges and reversals. Red → Downtrend or exit signal (time to close long positions) The indicator is designed to be extremely simple and visual. You o
OrderFlow Absorption – Indicador Profissional de Delta e Sinais de Absorção para MT5 Desbloqueie o poder da verdadeira análise de fluxo de ordens com o OrderFlow Absorption – o indicador definitivo de histograma de delta e sinais de absorção para MetaTrader 5. Desenvolvido para traders que desejam enxergar o que realmente acontece por trás de cada movimento de preço, esta ferramenta revela pressões ocultas de compra/venda e eventos de absorção que movimentam o mercado. Recursos Visualização do H
Meravith MT5
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Ferramenta dos market makers. O Meravith irá: Analisar todos os timeframes e exibir a tendência atual em vigor. Destacar zonas de liquidez (equilíbrio de volume) onde o volume comprador e vendedor é igual. Mostrar todos os níveis de liquidez de diferentes timeframes diretamente no seu gráfico. Gerar e apresentar análise de mercado em formato de texto para sua referência. Calcular alvos, níveis de suporte e pontos de stop-loss com base na tendência atual. Calcular a relação risco/retorno das suas
Olá, traders! A maioria dos traders de retalho depende de scripts web lentos. Para operar com verdadeira rentabilidade, é necessário um framework institucionalizado. O indicador Astro AI não é uma sobreposição gráfica padrão. Trata-se de uma rede neural compilada contendo dois agentes que são executados diretamente no seu terminal. Eis a tecnologia específica por trás do sistema: 1. Agente 1: Analista (Rede Neural Gráfica - GNN) Os mercados não são barras de preço isoladas; são redes de dad
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Inside Bar indicator for MT4
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High Low indicator for MT4
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Renaud Herve Francois Candel
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VWAP indicator for MT4
Renaud Herve Francois Candel
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Market Momentum Alerter for MT4
Renaud Herve Francois Candel
Market Momentum Alerter Market Momentum Alerter will inform you about danger to operate in the market. Imagine you see a very nice setup (Forex, Stocks, Indices) and you decide to place your trade... And you finally lose your trade and don't understand what happened. This can happen due to big operations in the market carried out by banks and big institutions. These operations are invisible for most people. Now with the Market Momentum Alerter you will be able to detect those operations...
Matrix indicator for MT4 by ITC
Renaud Herve Francois Candel
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OBOS indicator OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. Inputs of the indicator are: MaxBars : number of bars to display in your chart Smoothing period : number of ba
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