Recovery Scalping indicator

This indicator is for scalpers who want to make profit from recovery and retracements.

As a scalping indicator, you won't win big but small and steady profits.

How to use this?

  • Open a stop buy order if the price close below the "Recovery" at the recovery price with a TP at the "Expected recovery".
  • It's best to use with an EA to open orders automatically closing at the current "Expected recovery" instead of setting a TP.
  • Doing so will ensure orders will close no matter where the price go without a TP and SL with "Expected recovery" as the closing condition.
  • Using a grid to open orders with the signal with a multiplication will ensure you'll be closing with a profit if the price went further down without hitting "Expected recovery".
  • Recommended setting for parameters are Period - 14, Recovery - 0.05, Expected Recovery - 0.25.
  • This is currently for recovery only and I will add retracement indicator later as well.
  • The indicator is still in development and will adjust further to ensure profit.
  • While it is still usable in any market conditions it's advised to be used after swings.

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Temitayo Lawal
Göstergeler
This indicator uses support and resistance, volume and some special formula to calculate the volume to filter the candles. If the volume reaches a specific value, And at the same time, Candle breaks the support/resistance line, There would be a signal and we can enter the market. Signals appear when the current candle closes. then you can enter the trade when a new candle appears. Please don't forget to follow your money management plan. MT4 Version Support/Resistance Breakout MT4 :   https:/
The iChannels
BeeXXI Corporation
5 (2)
Göstergeler
Ultra-fast recognition of parabolic channels (as well as linear, horizontal and wavy channels) throughout the depth of history, creating a hierarchy of channels. Required setting: Max bars in chart: Unlimited This indicator is designed primarily for algorithmic trading, but can also be used for manual trading.  This indicator will have a very active evolution in the near future and detailed descriptions on how to apply to create robots
TrendHarmony MTF Trend Phase Level Visualizer MT5
Andras Salamon
Göstergeler
TREND HARMONY MT5 – Multi Timeframe Trend and Phase and Pullback Level Visualizer indicator for Metatrader5 The TREND HARMONY indicator automates deep trend analysis and generates visualizations for you. Take control of your trades by eliminating uncertainty! Revolutionize your trading experience with precision and insight through the TREND HARMONY Multi Timeframe indicator – your ultimate MT5 trend visualization indicator. [  Features and Manual   | MT4 version |   All Products   ] Are you tir
VTrende Pro
Andrii Diachenko
5 (1)
Göstergeler
VTrende Pro - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-2 waves -    S
Order Blocks ICT Multi TF MT5
Diego Arribas Lopez
Göstergeler
[ MT4 Version ]  [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks:  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced order block analysis
BookMap HeatMap
Roberto Spadim
1 (2)
Göstergeler
This Indicator creates a heatmap based on depth of market of the current symbol or another symbol. Other symbol is useful when you trade futures market and a contract has 'mini' and 'full' split. For example, in Brazil (B3 - BMF&Bovespa), WDO and DOL are future Forex contract of BRL/USD (where 1 DOL = 5 WDO) and big banks work mostly with DOL (where liquidity is important). Please use with M1 timeframe , objects are too small to be displayed at higher timeframes (MT5 limit). The number of level
Key level wedge pro MT5
Presley Annais Tatenda Meck
Göstergeler
Its our anniversary! To give back enjoy this 60% discount for the next week (original price $239) We have combined all of our beloved indicators the likes of: Key level order block ,   Key level supply and demand ,   Key level liquidity grab   and   Key level wedge   into one single indicator and dashboard. Whats new Dashboard : There is an easy access dashboard for all your needs. Multi-timeframe button : There is now a multi-timeframe option for Order Blocks and Supply and demand zones, maki
IQ FX Gann Levels MT5
INTRAQUOTES
Göstergeler
IQ FX Gann Levels a precision trading indicator based on W.D. Gann’s square root methods . It plots real-time, non-repainting support and resistance levels to help traders confidently spot intraday and scalping opportunities with high accuracy. William Delbert Gann (W.D. Gann) was an exceptional market analyst, whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient mathematics which proved to be extremely accurate. Setup & Guide:  Download  MT4 Ver
Forex Buy Sell Arrow Premium MT5
Md Meraz Mahmud
Göstergeler
Hello I Want to introduce The Forex Buy Sell Arrow Premium MT5 i recently release this premium indicator! its 1000% Non Repaint Indicator, It Work Perfectly Well,, i tested it day by day, Just mind blowing Result,  Including Powerful trend Algorithm! How It Work? well, it work market trend formula, when trend Bullish Or when trend Bearish,  Recommend Timeframe M30, H1 it work all timeframe, and all currency pair, 100% non repaint, How to take signal From Forex Buy Sell Arrow Premium Ind
WanaScalper
Isaac Wanasolo
1 (1)
Göstergeler
A scalping indicator based on mathematical patterns, which on average gives signals with relatively small SL, and also occasionally helps to catch big moves in the markets (more information in the video) This indicator has three main types of notifications: The first type warns of a possible/upcoming signal on the next bar The second type indicates the presence of a ready signal to enter the market/open a position The third type is for SL and TP levels - you will be notified every time price re
Chanlun
Xiaonong Yu
Göstergeler
The ChanLun or Chan theory is one of the most popular trading theories in China. But it seems like that it has little influence in western countries. Actually, the Chan Theory is based on a sophisticated mathematical model. The basic idea ChanLun is to simplify the bar chart by its model. With the help of ChanLun, a trader can analyze and predict the trend of future goods, stocks. In ChanLun, there are several basic elements called fractals, strokes, line segments and pivots . A trader should pa
Support Resistance Catcher
Taiba Mazhar
Göstergeler
Support Resistance Catcher Indicator Features and Explanation Overview: The Support Resistance Catcher is a custom MT5 indicator designed to identify and visualize supply (resistance) and demand (support) zones based on candlestick price action. It detects zones where price has reversed after rallies or drops, using wick rejections and clustering. The indicator draws horizontal rectangles for active and historical zones, with customizable colors, labels, and alerts. Key Features: 1. Zone Det
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