Follow Line Indicator

Follow Line Indicator is a common MT5 FX indicator based on trend following.


Ideal for Bitcoin BTCUSD / Ethereum ETHUSD


The main idea behind the calculation is volatility:

- Indicator Line increases as price goes above Bollinger Band but with 1 standard deviation.

- Likewise when price moves below the lower Bollinger Band with 1 standard deviation, Follow Line decreases down. 

- As you can imagine, indicator stays as a flat line when prive moves between the bands.


There are two critical settings about the Indicator: 


1- Bollinger Bands Deviation is set to 1 as default but if you want to have early signals you have to decrease that amount. Also you'd better increase that to have flat values on sideways market conditions for not getting chopped by the early but false signals.

2- ATR Filter is activated in default settings and the indicator follows the trend with a distance from Highs and Lows considering ATR (default length 5) values. If you turn off the ATR filter, the indicator line only takes into account the Highs and the Lows. Indicator will get more agile but the risk of choppy signals can be taken that time. I personally advise you to increase the Bollinger Band Deviation from 1 to between 1.5-2 to stabilize the fake signals when ATR filter is turned off.

Signals can be shown on the graph:

BUY: when Follow Line changes direction from red to blue.(which means Price is above Bollinger Upper Band with 1 standard deviation)
SELL: when Follow Line changes direction from blue to red. (which means Price moves below Bollinger Lower Band with 1 standard deviation)

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Euro Escalper — Profesyonel Kurumsal Scalping Indikatoru Euro Escalper , her giriste kurumsal hassasiyet talep eden traderlar icin tasarlanmis yuksek performansli bir trading indikatoru. Sentetik Endeksler (Deriv), Forex ve MetaTrader 5 uzerinde mevcut olan herhangi bir varlik ile calisir. Fibonacci tabanli likidite zonlari, entegre SuperTrend motoru ve gercek zamanli profesyonel bir kontrol panelini bir araya getirir. Temel Avantajlar Yeniden Cizim Yok: Sinyal oklari yalnizca mum kapanisinda go
Bu seviyenin alım için uygun olup olmadığını belirlemeye yardımcı olur. Bu seviyenin satış için uygun olup olmadığını belirlemeye yardımcı olur. Dört göstergenin tamamı aynı anda dip seviyeye ulaştığında, tepki yükselişi fırsatlarına odaklanın. Dört göstergenin tamamı aynı anda üst seviyede olduğunda, düşüş fırsatlarına odaklanın. Bu sistem, Çin’in gelişmiş algoritmik teknolojisi ve üst düzey matematiksel modelleme yapısı temel alınarak oluşturulmuştur. Bu göstergeyi ağırlıklı olarak XAUUSD M5 p
Premium seviye, %80'den fazla doğru tahmin doğruluğuna sahip benzersiz bir göstergedir! Bu gösterge en iyi Ticaret Uzmanları tarafından iki aydan uzun süredir test edilmiştir! Yazarın göstergesini başka hiçbir yerde bulamazsınız! Ekran görüntülerinden bu aracın doğruluğunu kendiniz görebilirsiniz! 1, sona erme süresi 1 mum olan ikili opsiyon ticareti için harikadır. 2 tüm döviz çiftleri, hisse senetleri, emtialar, kripto para birimleri üzerinde çalışır Talimatlar: Kırmızı ok göründüğü an
Gold Xausd Hunter
Metin Erkamoglu
5 (1)
MATADOR GOLD XAUUSD M5 Scalp Signals for MT5 MATADOR GOLD is a decision-support indicator for MetaTrader 5, designed for traders who analyze short-term Gold movement on the M5 timeframe. The indicator does not open, close, or manage trades automatically. It provides buy and sell signal guidance so the user can make their own trading decisions according to their risk plan, broker conditions, and trade management rules. Main purpose MATADOR GOLD is built to help traders avoid noisy signal flow and
Big Player Range
Thalles Nascimento De Carvalho
5 (3)
BigPlayerRange – MT5 için En İyi Gösterge BigPlayerRange , MetaTrader 5 üzerinde Mini Endeks ve Mini Dolar için en iyi gösterge olarak kabul edilir. Bu güçlü araç, büyük oyuncuların stratejik faaliyet alanlarını vurgulayarak kurumsal teknik analizde yüksek hassasiyet sunar. BigPlayerRange Nasıl Kullanılır: Gösterge, alış bölgelerini (yeşil çizgi) ve satış bölgelerini (kırmızı çizgi) gösterir. Fiyat bu alanların dışına kapandığında trend oluşma olasılığı yüksektir. Yeşil çizginin üzerinde
"Blow It Up!" – The Trading Indicator That Questions Your Life Choices Tired of boring indicators? Meet your new market companion that delivers:   "YOLO BUY!" arrows   when you should probably panic   Explosive rectangle confetti   (because why not?)   200+ soul-crushing quotes   like   "Your stop loss is imaginary"   and   "This isn’t trading, it’s donating to whales"   Random alerts that roast your strategy This Indicator is like Therapy   – Because daytrading shouldn’t feel
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Trend Forex Trade
Dmitri Speranski
Trend Forex Trade Robot - looks for a trade line, draws it, follows it for a certain amount of time, if prices break through the line, opens a short position, calculates the take profit itself and sets a stop loss according to a given algorithm. Our team, which has professional traders with more than 10 years of experience in trading, has been monitoring currency pairs, cryptocurrencies charts for many years, collecting data, analyzing, and calculating the optimal algorithm. And so we made a rob
The "Price and Volume Breakout Indicator" is a trading strategy designed to identify buying opportunities by detecting concurrent price and volume breakouts over a specified range of candlesticks.  Ideal for Bitcoin BTCUSD / Ethereum ETHUSD This strategy is optimized for assets demonstrating high volatility and significant momentum spikes.  HOW IT WORKS The strategy first takes the specific number of candlesticks as the examination window for both price and volume.  These values are used benchm
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