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Break Day Range

A signal indicator. It implements the tactics described in Larry Williams' book "Long-Term Secrets to Short-Term Trading", Chapter 4, "Volatility Breakouts - The Momentum Breakthrough". The indicator displays entry points on the chart using arrows. Input parameters are not used.


Example of use in a working trading system

It is used on a live account as part of the portfolio of strategies on the GMKN futures. Signal monitoring: https://www.mql5.com/en/signals/204344. Screenshots were created based on the monitoring data.

MetaTrader 5 does not provide generation of reports on one or selected symbols, therefore, the information on the trading results was displayed using the tools described in https://www.mql5.com/en/articles/244. The profitreport.mq5 script was slightly modified to filter deals on the GMKN futures. Trading was performed using one contract.

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The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
Introducing the South African Sniper indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  BUY and SELL (SNIPER ENTRY) signals with TARGET and trail stops. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.  "The South African Sniper indicator community are very happy with the indicator an
XQ Indicator MetaTrader 5
Marzena Maria Szmit
5 (1)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Blahtech Supply Demand MT5
Blahtech Limited
4.57 (14)
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
FX Power MT5 NG
Daniel Stein
5 (5)
Sabah Brifingimiz burada mql5 ve on Telegram! FX Power MT5 NG , uzun zamandır çok popüler olan döviz gücü ölçerimiz FX Power'ın yeni neslidir. Peki bu yeni nesil güç ölçer ne sunuyor? Orijinal FX Power hakkında sevdiğiniz her şey PLUS GOLD/XAU güç analizi Daha da hassas hesaplama sonuçları Ayrı ayrı yapılandırılabilir analiz dönemleri Daha da iyi performans için özelleştirilebilir hesaplama limiti Özel çokluDaha fazlasını görmek isteyenler için örnek ayarlar Her grafikte en sevdiğiniz renkler i
3 Indicators in 1 indicator Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This indicator is basically 3 different indicatos . But we have combined these 3 indicators in 1 indicator so that you can use 3 indicators at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : No repaintin
Royal Wave Pro M5
Vahidreza Heidar Gholami
3.5 (4)
Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades. Features Trend-Power Algorithm Low risk Entry Zones and Exit Zones Predictions for Overbought and Over
Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. Gold symbol can be changed to other symbols like XAG, XAU etc. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the history data of all 28 major currency
This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p
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Эксперт торгует по сигналам индикатора SystZ Trend Lines  . Входные параметры: Take in atr, 0 - do not use a take profit  - размер тейк профита по  ATR (50) , рассчитанному на текущем таймфрейме. Если значение параметра равно 0, то не используется; Stop in atr, 0 - do not use a stop   - размер стоп лосса. Если значение равно 0, то не используется; Risk factor, volume eq  Equty*Risk factor/1000  - используется для расчета размера рабочего лота, который вычисляется как Эквити*Risk factor/1000. Нап
FREE
SystZ Trend Lines
Aleksey Sergan
3 (1)
Помощник для торговой системы   SystZ . Чертит трендовые линии по соседним экстремумам зигзага. Условие для линии сопротивления - правый должен быть ниже левого. Для линии поддержки - правый выше левого. Не допускается, чтобы между экстремумами, по которым проводится трендовая линии были другие. Экстремумы, удовлетворяющие этим условиям, отмечены символом фрактала. Закрытие свечи за линией - сигнал для открытия позиции.
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Sürüm 1.1 2021.05.30
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