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Omega Trend Indicator

4.69

The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend Line indicates the exact point of the initial stop loss, as well as where the trailing stop is moving. For uptrends the Trend Line is blue, for downtrends it is pink (see the first image below).


There is an EA which use Omega Trend Indicator signals for trading. It is Omega Trend EA. You can check it here: https://www.mql5.com/en/market/product/56222


The secondary (thinner) Pivot Line represents the presumed Pivot level of the market. Breaks in this line can be used for short-term/scalping trades following the current market trend indicated by the Trend Line.

Although the Omega Trend Indicator’s signals are clear and easy to interpret (see the second image below), there are a few steps you should follow to filter out false trading signals. First, you need to be able to recognize a choppy market and try to ignore it. A choppy market is a market that is highly volatile but results in no overall price movement, in either direction. These price spikes and sharp rebounds from the range borders can generate a series of poor signals. In the third image below, you can see an example of a choppy market. A choppy market presents the worst possible conditions for any breakout or impulse trading strategy. If you use the Omega Trend Indicator under these conditions, do not be surprised if you have poor results.

Omega Trend Indicator signals are at their most reliable, when following the market in trend or swing mode. Avoid trading in periods of low liquidity. In these periods, the market is generally in a narrow range. Periods of low liquidity normally occur after the close of the NY trading session and often throughout the entire Asian session. The best signals from the indicator could be expected during the London and the NY trading sessions (8-21 GMT).

I recommend Omega Trend Indicator for the EURUSD, EURJPY, USDCHF, GBPJPY and GBPUSD pairs. As well all market instruments with a trending behavior are appropriate. You can use it on all timeframes, for scalping, day trading or long-term investing.

I strongly recommend that you adapt visually the indicator lines to the chart. The default settings are not suitable for all chart periods and all market instruments. The most important settings you should try to adapt are: Volatility_Period, TrendLine_Level, PivotLine_Level and Bar_Acceleration.

The default settings are not suitable for all timeframes and all market instruments. The most important settings you should try to adapt are: Volatility_Period, TrendLine_Level, PivotLine_Level and Bar_Acceleration.


Settings

  • Show_Arrows - show/hide the signal arrows on the chart.
  • Show_Histogram - show/hide the indicator histogram.
  • Show_PivotLine - show/hide the pivot line.
  • Alerts - activate/deactivate the signal alerts.
  • Send_Push_Notifications - activate/deactivate sending notification to mobile phones.
  • Volatility_Period - the indicator period of the volatility calculation.
  • Smooth_Factor - the smoothing factor of Omega Trend Indicator lines. The default value of the Smooth_Factor is zero, which means that smoothing is not used.
  • ...........

For more info and complete list of settings, click here to visit the blog!

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

If you want to be notified of my new products, please add me as a friend!


İncelemeler 20
elite luis
3301
elite luis 2023.03.31 13:47 
 

Is nice Author giving free, but Author can you please kindly provide an option to hide the logo because is blocking my other indicator? please help? We don't mind to pay $30 for a logo free version please publish as a paid product I'll pay $30 for you to remove the logo please help ok bro?

ali-haider
594
ali-haider 2023.03.14 15:39 
 

great

Sebastian Kaestner
446
Sebastian Kaestner 2022.12.28 18:11 
 

A very good indicator that also works in the m1 timeframe, as long as you also take into account the trend in the m5 and m15, as well as pivot

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PRO Renko Sistemi, RENKO grafikleri ticareti için özel olarak tasarlanmış son derece hassas bir ticaret sistemidir. Bu, çeşitli ticaret araçlarına uygulanabilen evrensel bir sistemdir. Sistemi etkin piyasa sana doğru ters sinyallerine erişim hakkı denilen ses nötralize eder. Göstergenin kullanımı çok kolaydır ve sinyal üretiminden sorumlu tek bir parametreye sahiptir. Aracı, seçtiğiniz herhangi bir ticaret aracına ve renko çubuğunun boyutuna kolayca uyarlayabilirsiniz. Yazılımımla karlı b
Weis Wave with Alert
Trade The Volume Waves Single Member P.C.
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Rental/Lifetime Package Options and Privileges' * For optimum results the yearly or lifetime package is suggested due to live training and Discord  channel trading with the  creator! Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Free Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x 2-hour live methodology traini
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Trend Line PRO göstergesi bağımsız bir ticaret stratejisidir. Trend değişimini, ticarete giriş noktasını gösterir ve ayrıca Take Profit'in üç seviyesini ve Stop Loss'a karşı korumayı otomatik olarak hesaplar Trend Line PRO, tüm Meta Trader sembolleri için idealdir: para birimleri, metaller, kripto para birimleri, hisse senetleri ve endeksler Gerçek hesapların izlenmesi: burada    gösterge için danışmanlar: burada      Scanner Trend Line Pro'yu   ücretsiz almak için göstergeyi satın aldıktan s
The indicator is designed to work on any trading platform. The program is based on proprietary algorithms and W.D.Ganna's mathematics, allowing you to calculate target levels of price movement based on three points with the highest degree of certainty. It is a great tool for stock trading. The indicator has three buttons: NEW - call up a triangle for calculation. DEL - delete the selected triangle. DELS - completely remove all constructions. The probability of achieving the goals is more than 80
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ADR Uyarı Gösterge Tablosu, normal ortalama günlük aralığa göre fiyatın şu anda nerede işlem gördüğünü bir bakışta size gösterir. Fiyat, ortalama aralığı ve seçtiğiniz seviyenin üzerindeki seviyeleri aştığında, açılır pencere, e-posta veya push yoluyla anında uyarılar alacaksınız, böylece hızlı bir şekilde geri çekilmelere ve geri dönüşlere atlayabilirsiniz. Çizgi, boş bir çizelgeye yerleştirilmek üzere tasarlanmıştır ve sadece arka planda oturun ve seviyelere ulaşıldığında sizi uyarır, böylece
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ICT Template Indicator visualizes and automatically updates all important ICT elements for Scalpers, Day and Swing traders. It allows you too keep your chart clean and bring any elements by just one click to the side buttons. Thanks to mobile notifications on external liquidity levels, you will not miss any opportunity and you don't have to sit behind the screens whole day. Each element has fully customizable colours, width, line types, max timeframe to be shown etc... so you can really tweak y
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GET 10% OFF NOW! Last 2 copies at current price! An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate t
Grafiğinizde otomatik olarak destek ve direnç seviyeleri PLUS itici mum boşlukları çizin, böylece fiyatın nereye gidebileceğini ve / veya potansiyel olarak tersine dönebileceğini görebilirsiniz. Bu gösterge, web sitemde (The Market Structure Trader) öğretilen pozisyon ticareti metodolojisinin bir parçası olarak kullanılmak üzere tasarlanmıştır ve hedefleme ve potansiyel girişler için temel bilgileri görüntüler. Göstergede 2 TEMEL özellik ve 4 ek özellik bulunmaktadır: TEMEL ÖZELLİK 1 - Günl
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Piyasanın iki temel ilkesine dayanan bir gün içi stratejisi. Algoritma, ek filtreler kullanarak hacimlerin ve fiyat dalgalarının analizine dayanmaktadır. Göstergenin akıllı algoritması, yalnızca iki piyasa faktörü bir araya geldiğinde bir sinyal verir. Gösterge, daha yüksek zaman çerçevesinin verilerini kullanarak M1 grafiğinde belirli bir aralıktaki dalgaları hesaplar. Ve dalgayı doğrulamak için gösterge, hacme göre analizi kullanır. Bu gösterge hazır bir ticaret sistemidir. Bir tüccarın ihtiya
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5 (7)
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO LEVELS INDICATOR  is the best levels indicator ever created, and why is that? Using high volume zones on the market and Fibonacci the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many levels indicators around the internet are not complete, does not help, and it's difficult to trade, but the   Italo Levels Indicator is different , the Ital
ADR Ters Çevirme Göstergesi, normal ortalama günlük aralığına göre fiyatın şu anda nerede işlem gördüğünü bir bakışta size gösterir. Fiyat, ortalama aralığı ve seçtiğiniz seviyenin üzerindeki seviyeleri aştığında, açılır pencere, e-posta veya push yoluyla anında uyarılar alacaksınız, böylece hızlı bir şekilde geri çekilmelere ve geri dönüşlere atlayabilirsiniz. Gösterge, grafikte ortalama günlük aralık uç noktalarında yatay çizgiler ve ayrıca fiyatları aşan matematiksel olasılıkları olan seviye
First of all Its worth emphasizing here that this Trading Tool is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal for professional trading. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders. It packs more than 20 useful indicators into one, combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies. This indicator focuses on Smart Money Concepts, providing i
Up Down V9
Guner Koca
5 (1)
indicator is no repaint trend indicator. when red stars up to line that is probably end of long trades. when blue stars up to line that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.
Yazarın diğer ürünleri
SHOCK DEAL --> -45% OFF --> VERY LIMITED COPIES AT THIS PRICE !!! + BONUS -> PREMIUM EA! Signal Account:  https://www.mql5.com/en/signals/1510678 Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most succes
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SHOCK DEAL --> -45% OFF --> VERY LIMITED COPIES AT THIS PRICE !!! + BONUS -> PREMIUM EA! Forex GOLD Investor Signal Account:  https://www.mql5.com/en/signals/1510678 Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to
SHOCK DEAL! --> BUY Forex Trend Detector  with -$260 OFF and GET a BONUS EA: Trend Matrix EA (or EA by your choice)! <-- SHOCK DEAL! NOTE: Forex Trend Detector PROMO price: $267 (The next price $497) - The offer ends soon! Click here to read more about Trend Matrix EA and the SHOCK DEAL promotion! For Settings, Instructions and LIVE Results Click Here! Forex Trend Detector is an automated trading strategy which is developed to follow the money… or "follow the market impulse" resulting in reliab
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SHOCK DEAL! --> BUY GOLD Scalper PRO with -$200 OFF and GET a BONUS EA: Trend Matrix EA (or EA by your choice)! <-- SHOCK DEAL! NOTE: GOLD Scalper PRO PROMO price: $197 (The next price $397) - The offer ends soon!  Click here to read more about Trend Matrix EA and the SHOCK DEAL promotion! GOLD Scalper PRO signal account:  https://www.mql5.com/en/signals/2109002 For Settings, Instructions and additional LIVE Results Click Here! GOLD Scalper PRO is a fully automated trading system which takes mu
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Omega Trend EA
Lachezar Krastev
4.63 (8)
SHOCK DEAL! --> BUY Omega Trend EA with -$160 OFF and GET a BONUS EA: Trend Matrix EA (or EA by your choice)! <-- SHOCK DEAL! NOTE: Omega Trend EA PROMO price: $167 (The next price $327) - The offer ends soon! Click here to read more about Trend Matrix EA and the SHOCK DEAL promotion! Signal Account:  https://www.mql5.com/en/signals/1914271 For Settings, Instructions and additional LIVE Results Click Here! Omega Trend EA is a fully automated trading system which takes much of the work out of t
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Filtrele:
elite luis
3301
elite luis 2023.03.31 13:47 
 

Is nice Author giving free, but Author can you please kindly provide an option to hide the logo because is blocking my other indicator? please help? We don't mind to pay $30 for a logo free version please publish as a paid product I'll pay $30 for you to remove the logo please help ok bro?

ali-haider
594
ali-haider 2023.03.14 15:39 
 

great

Sebastian Kaestner
446
Sebastian Kaestner 2022.12.28 18:11 
 

A very good indicator that also works in the m1 timeframe, as long as you also take into account the trend in the m5 and m15, as well as pivot

bmv72
431
bmv72 2022.12.02 03:26 
 

Very good indicator.. Nice entry... Thanks to the author who is kind enough to give it for free

Daniel Santoso
98
Daniel Santoso 2022.08.17 08:23 
 

Good

Dohaut Hermann Bonnahin
141
Dohaut Hermann Bonnahin 2022.02.03 18:43 
 

Waouh, j'ai eu le djakpot, good 😊. Une bière 🍻 pour toi

step1208
20
step1208 2022.01.24 20:00 
 

The best! Do you have it for mql5?

sei-bert
304
sei-bert 2022.01.20 11:24 
 

Запаздывает .

adnanadnan
824
adnanadnan 2021.05.30 13:16 
 

deleted

Slashev
66
Slashev 2021.04.14 17:44 
 

Сов меня цепанул своей простотой и цветовой прорисовкой, маджента с голубым на темном фоне просто отпад ;) Остальное приложится. Спасибо.

Valentin Butorin
4119
Valentin Butorin 2020.10.18 12:10 
 

Thanks for sharing. It will come in handy

Emmanuel Chukwudi Offor
2186
Emmanuel Chukwudi Offor 2020.08.21 00:26 
 

nice product i must confess, i would love to turn it into an ea, whats the possibility? pls let me know

lejeune Bauvil
606
lejeune Bauvil 2020.07.05 18:28 
 

I have been trading since 2006 I have bought, used many indicators. I have over 200 different templates, using different strategies, some better than others. Among them all, this indicator is not only the top 3, but it is the number one to me. It is not repaint. It is not lagging. You can modify the input and find different entries, different ways to trade it. So many ways. I found one way to trade it either on Forex, or Binary options. Thanks a lot for your contribution to the world of Forex. Your free indicator is far better than many paid or expensive indicators in this world I do not use the arrow. I completely eliminate them. I only the first bar when the indicator changes signals direction, wait for a pull black close to the previous High or low. No arrows. Only when the market changes, no repaint at all on the first bar.

Martin Brown
706
Martin Brown 2020.06.15 23:29 
 

This indicator is better probably than most of the paid indicators on this site. It really gives you an excellent picture of what the market is doing.

Forex Trader
79
Forex Trader 2020.05.25 23:50 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

Rupprecht
154
Rupprecht 2019.10.10 16:04 
 

A great indicator!

Unfortunately, in some cases, the arrows are repainted. They then change from blue to red or vice versa within the same candle. You can easily find such places in the strategy tester. That's very sad!

Whether that is still changeable in a new version?

That would be very nice!

Raj Max
329
Raj Max 2019.08.22 12:39 
 

V.GOOD

alexfx909
115
alexfx909 2019.07.28 13:53 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

Danilo Dorjo
394
Danilo Dorjo 2019.05.22 16:37 
 

Nice indicator, very good entries. Thank you.

bmwaddicted
372
bmwaddicted 2019.04.19 08:40 
 

5 stars from my side! Definitely a good trend indicator. I've noticed that only one person gave 2 stars review and don't understand why.

Another good thing is that the author responds really fast and is considering users advices (for example adding email alerts in the future, which in my opinion is useful to have).

Thank you for your product!

12
İncelemeye yanıt
Sürüm 1.2 2020.10.09
I have added additional parameter called "Prefix". The value of the parameter will be added as a prefix to all alerts/signals generated by Omega Trend Indicator.
Sürüm 1.1 2018.06.19
Added the Send_Push_Notifications parameter. When enabled, the Omega Trend Indicator will send Push Notifications to mobile devices of the users. By default, the new parameter is disabled. You have to set it TRUE in order to use the new functionality.