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TPSpro Trade PRO MT5 (-60%)
TPSproTrend PRO - is a trend indicator that automatically analyzes the market and provides information about the trend and its changes, as well as displays entry points for trades without repainting! Movement in financial markets usually does not occur linearly: prices show a tendency to rise and fall. To identify trends in the currency market, traders use various methods and approaches. The most accurate of them is the use of technical analysis, but this process requires deep knowledge and is not simple. When a trader understands concepts such as impulse and impulse level, they can observe how prices pass at least two correct impulses in one direction or another. Thanks to our knowledge, we can accurately identify extremums of each market movement in the form of highs and lows, where major participants were present, whose influence affected the dynamics of the market chart. A thorough analysis of each candle and each impulse, as well as the determination of extremums, is carried out automatically with the help of the TPSpro TREND PRO indicator. The created algorithm correctly identifies the specified system tools by approximately 99.9%. The indicator uses each candle, analyzing them separately, attributing them to different impulses - an upward or downward impulse. The indicator is easy to use, making it an excellent tool for both beginners and professionals.
The TPSproTrend PRO - indicator displays market lows and highs on the chart, as well as trend reversal points and breakouts (double trend reversal or more). The algorithm for determining extremes is based on the assertion that the price moves at least in two impulses ("rise-pullback-rise" or "fall-pullback-fall"). Thus, the search for lows and highs is based on a thorough analysis of each candle and their combination. The trend reversal is identified using a standard technical analysis algorithm - breaking the high in a downtrend indicates a trend reversal from a downtrend to an uptrend, and vice versa; breaking the low in an uptrend indicates a trend reversal from an uptrend to a downtrend.
ADVANTAGES
- Simple, visual, and effective trend detection.
- Ability to filter and enhance trading strategies.
- Enhanced calculation of statistics for entry points, take-profit, and exit signals.
- The indicator never redraws, recalculates, or rebuilds signals.
- Signals are strictly provided On Bar Close.
- Works with any timeframe and financial instruments, including forex, cryptocurrencies, metals, stocks, indices.
- Features pop-up notifications, email notifications, push notifications, and sound alerts. Suitable for developing expert advisors.
Once a signal appears, it remains valid! This is a crucial distinction from repainting indicators that may provide a signal and then alter it, potentially leading to a loss of funds in the deposit. Provides signals regardless of the price movement direction. The TPSpro TRENDPRO indicator generates entry signals irrespective of whether the price is moving up, down, or remains in a sideways trend.
The ascending trend implies the presence of consistently rising peaks and troughs, while the descending trend, accordingly, assumes the presence of consistently falling troughs and peaks. Thus, a trend reversal is a violation of this logic. That is, if in an ascending trend there was a breakthrough of the last trough by the body of the candle, then it is already a trend reversal. This logic is also applied in our TPSproSYSTEM trading system.
To change the trend to SELL, the price must break the last low of the BUY trend. When the candle closes below this level, it signals a trend reversal and an expected decline.
To change the trend to BUY, the price must break the last high of the SELL trend. When the candle closes above this level, it signals a trend reversal and indicates the market's readiness for growth.
Using the indicator's algorithms, precise entry points can be identified, with the risk-to-reward ratio typically exceeding 1:2. This provides traders with confidence in selecting optimal moments for trades, minimizing risks, and maximizing profit potential. An additional visual cue, such as colored candle drawings after receiving a signal, helps traders navigate the market more quickly, improving the accuracy and efficiency of trading decisions. This feature is especially important for those who aim not only to minimize risks but also to take full advantage of profit opportunities.
The indicator provides information about profit potential and statistics for the previous period, allowing you to analyze trade success and identify where and how more profit could have been made. This is an essential tool for improving your strategy, as it helps you understand which market moments were the most profitable, as well as recognize recurring patterns and optimize your trading decisions for better results in the future.
With this filter, you will be able to identify longer and more confident trend trades, as it determines the global trend and helps eliminate false entry points. This significantly improves analysis accuracy and allows you to focus only on truly promising moments for market entry.
A very compact and powerful trend scanner that automatically sends notifications to your phone when all selected timeframes converge on the same trend. You can add any currency pairs to the scanner, adjust their quantity and sequence, allowing you to tailor the tool to your needs. This makes the analysis process more convenient, speeds up decision-making, and helps the trader focus on the most promising opportunities.
TPSpro TRENDPRO is a versatile tool that works with any assets and instruments. With it, you can successfully trade cryptocurrencies, stocks, metals, indices, commodities, and currencies with any broker supporting MT4 or MT5 platforms. Due to its accuracy and functionality, TPSpro TRENDPRO adapts to any market conditions and simplifies analysis by providing key information about trends and entry points. It is an indispensable solution for traders aiming for stable and efficient results.
The display of MIN/MAX corrections from higher timeframes (MTF) is a new and powerful feature that significantly enhances market analysis capabilities. Now, the tool not only displays key MIN/MAX correction levels from a higher timeframe but also visualizes trend reversal points, helping you better understand market dynamics.
In addition, each MIN/MAX is now numbered, showing the order of the correction. This provides traders with a clear view of the sequence of events, allowing for easy identification of the maturity of the current trend and evaluating the potential for further movement. This feature is especially convenient, as there's no need to switch between timeframes — all important data from the higher timeframe is displayed directly on your chart. This speeds up analysis significantly, letting you immediately see key levels and trend changes, simplifying decision-making and making your trading more efficient.
TPSpro TRENDPRO can be used on any chart timeframe, from the minute (M1) to the monthly (MN). This makes it a versatile tool suitable for any trading style, whether it's scalping, day trading, or long-term investing. Due to its adaptability, TPSpro TRENDPRO takes into account the characteristics of each timeframe and provides accurate trend information, helping traders make informed decisions in any market conditions.
The indicator provides both graphical and sound alerts, ensuring you never miss important entry signals. Moreover, notifications are sent directly to your phone, providing instant alerts about key market moments. This greatly enhances the responsiveness and allows traders to stay informed about important changes, even when they're away from the computer, ensuring more efficient trading.
Available notifications:
- Entry Points (ENTRY POINTS)
- Trend Reversal
- Reaching Take Profit Levels (TP1, TP2, TP3)
- Scanner (when all timeframes converge in one trend direction)
Additional intelligent logic for working with the stop-loss level over time allows for automatic adjustment of its size, helping to reduce initial risks when entering a trade. This feature is particularly important as it helps traders protect capital while providing more room for maneuver in volatile market conditions. Reducing the stop-loss without compromising the strategy's effectiveness significantly increases the likelihood of successful trades and helps traders operate more confidently in the market.
- Simple, visual, and effective trend detection.
- Ability to filter and enhance trading strategies.
- Enhanced calculation of statistics for entry points, take-profit, and exit signals.
- The indicator never redraws, recalculates, or rebuilds signals.
- Signals are strictly provided On Bar Close.
- Works with any timeframe and financial instruments, including forex, cryptocurrencies, metals, stocks, indices.
- Features pop-up notifications, email notifications, push notifications, and sound alerts. Suitable for developing expert advisors.
👉 👉 👉 https://www.mql5.com/ru/blogs/post/755244
Optionally, you can use:
- Trading algorithm - TPSproSYSTEM
- Level indicator - RFI LEVELS
Official Telegram channel: @TPSPROTRADING
Color Candle (CC MTF) (Hot button) / Visual display of candles from a higher timeframe
- Candle (MTF) - Choose a timeframe for candlestick display
- Candle color sell - The color of the candle for 'sell' (downward movement)
- Candle color buy - The color of the candle for 'buy' (upward movement)
- History Bars - The number of bars for analysis
MIN/MAX (MM MTF) Hot button / Display of highs and lows (MIN/MAX) of the higher timeframe correction + indication of trend reversal points
- Timeframe (MTF) - Select the timeframe for displaying MIN/MAX
- Сolor SELL - The color of MIN/MAX in a downward trend (sell)
- Сolor BUY - The color of MIN/MAX in an upward trend (buy)
- History Bars - The number of bars for analysis
ENTRY POINTS (сolor сandle) Hot button / Display of entry points
- Candle color buy (down) - The fill color of the bearish candle at the buy entry point.
- Candle color buy (UP) - The outline color of the bullish candle at the buy entry point.
- Candle color sell (down) - The fill color of the bearish candle at the sell entry point.
- Candle color sell (UP) - The outline color of the bullish candle at the sell entry point.
- ENTRY POINTS 1.1 (pips) - The maximum number of pips for entry point 1.1
- Show signal for only last swaps - Show entry points only based on the last change.
- Show alert + notification - Enable/disable sound alerts and notifications on the phone.
- Show TP - The number of changes to display minimum take-profit levels.
- Statistics, days - The number of days for statistics.
MIN/MAX Сurrent Timeframe (Hot button) / Display of highs and lows (MIN/MAX) on the current timeframe.
- Сolor MIN - The color for MIN on the current chart.
- Сolor MAX - The color of MAX on the current chart.
- Show trend line - Select a timeframe for the trend line.
- Show trend swaps - Display trend/structure changes.
- Sound alert to change the trend - Enable sound alert.
- Name Sound - Select a name for the sound alert.
Rectangles ST-TP / Displaying rectangles for stop-loss and take-profit
- Rect Stoploss (%) - Percentage of retracement zone (recommended values <= 50%).
- Rect Takeprofit (RR) - Coefficient for the take-profit zone (multiplied by Rect Stoploss).
- Buy Rect SL - Color of the retracement zone for BUY signals.
- Buy Rect TP - Color of the take-profit zone for BUY signals.
- Sell Rect SL - Color of the retracement zone for SELL signals.
- Sell Rect TP - Color of the take-profit zone for SELL signals.
- No Trade - Color of the completed zone.
- Show Alert - Enable/disable alert when the retracement zone is touched (start of entry point search).
- Only Last Signal - Display retracement and take-profit zones only for the last signal.
- Display Rectangles ST-TP -Enable/disable display of retracement and take-profit zones.
TREND SCANNER (Hot button)
- Use timeframes - Select the required timeframes for display by the scanner.
- Only current pair - Enable/disable scanning only the current instrument.
- List pairs - Number of instruments to display.
- Alert + notification - Enable/disable alerts and notifications when all timeframes match the same timeframe.
Trading TIME
- Start hour - Start of trading time (hours)
- Start minute - Start of trading time (minutes)
- End hour - End of trading time (hours)
- End minute - End of trading time (minutes)
