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Retracement Feeder

5

The Retracement Feeder checks for retracement opportunities after the first move has occurred. 

Basically it scans for the second wave of trend.

  • Works with any financial instrument, 
  • It does not repaint/change color or cancel arrows,
  • Easy to set and use.

MT5 version: https://www.mql5.com/en/market/product/71340


How it works

  • The indicator is based on RSI and Stochastics. 
  • The algorithm used in the Retracement Feeder allows the Stochastic and RSI to minimize the turns and twists thereby reducing false oversold and overbought signals.
  • It scans for a buy retracement when the asset is oversold and for sells when overbought.

Settings

The indicator is straightforward to set up

  • Stochastic %K Period  [This is the Stochastic period. The tests have been conducted with a value of 100]
  • Stochastic %D Period   [This is the %D period. The tests have been conducted with a value of 1 ]
  • Stochastic Slowing   [This is the Stochastic slowing. The tests have been conducted with a value of 1 ]
  • RSI Period[The value can be adjusted if needed]
  • RSI Price  [You can tinker this, but close has been used to test efficiency]
  • Enable Alerts  [email, screen, and metatrader notifications alerts]
  • History Bars to Display  [This is the number of arrows you want to display on your mt4]

The default values work fine. 







İncelemeler 1
zakey_ahmad
73
zakey_ahmad 2021.06.26 19:29 
 

good indicator

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Introduction The Convergence Divergence Suite contains 17 indicators , built-in MT4 technical indicators and custom ones . The list will be increased in subsequent versions as per users' requests.  Any selected indicator is loaded on your chart then automatic Convergence and Divergence trend lines are drawn on the chart and indicator. This tool is important if you use any of the listed indicators or convergence/divergence in your strategy. Advantages With the Convergence Divergence Suite you
30 USD
Trendy Stocks
Innovicient Limited
Trendy Stock is a price following indicator that uses Stochastic to show when the price is out of the oversold or overbought areas.  The algorithm allows you to stay longer in a trend where the bulls or bears are in control. The indicator changes color immediately the price exits oversold/overbought state. In short, the downtrend [red] bars start to paint when the buying pressure decreases while the uptrend [green] bars form as the buy pressure kicks in.   For MT4 version, follow :: https://www.
FREE
Trendy Stocks for MT4
Innovicient Limited
1 (1)
Trendy Stock is a price following indicator that uses Stochastic to show when the price is out of the oversold or overbought areas.  The algorithm allows you to stay longer in a trend where the bulls or bears are in control. The indicator changes color immediately the price exits oversold/overbought state. In short, the downtrend [red] bars start to paint when the buying pressure decreases while the uptrend [green] bars form as the buy pressure kicks in. For MT5 version, follow ::     https://ww
FREE
Ranging Market Detector scans the market for momentum and price to check whether the price is range- bound and the direction to which it will breakout.  It works with all the  all assets and visually shows you the instances when the market is either ranging or trending. Informs when the price has finished a retracement, an opportune time to re-enter the trend early. This will help you in position management.  It works very well for Scalping, Day trading, and Swing trading. Helpful in all timefra
118 USD
Chart Analyzer
Innovicient Limited
The Chart Analyzer is an MT4 indicator that provides visual arrow signals without redrawing them. It has original entries (Blue and Red) and re-entry ones(SpringGreen and Aqua).  This indicator has been fine-tuned to work with all timeframes  and instruments .  For great results, the Chart Analyzer  is intended to be used with the Ranging Market Detector   to confirm entries. The Chart Analyzer has a number of advantages You do not need any other chart indicator to validate signals Doe
30.50 USD
Do you ever wish to know when there is volatility in the market at a glance and specifically displayed on your chart? This is what  Volatility PRO Advantage offers. Introduction price: 70% OFF How Volatility PRO Advantage works Firstly, Volatility PRO Advantage does not use lagging averaging techniques; therefore, the signals are produced at the right time, giving you enough time to plan your entry, exit, or stop loss trailing.    This indicator uses a unique algorithm that calculates the
30 USD
This indicator shows when the price is oversold or overbought.  It works with all forex instruments and will save you the headache of estimating when the market is due for a reversal or retracement.  When the "Super Charge" feature is enabled, the areas where the price is in oversold/overbought status are amplified to give you a clear state of the market,therefore, you will not miss the moment to prepare for a reversal/retracement. Alternatively, when the "Super Charge" feature is disabled, the
75 USD
The Retracement Feeder  checks for retracement opportunities after the first move has occurred.  Basically it scans for the second wave of trend. Works with any financial instrument,  It does not repaint/change color or cancel arrows, Easy to set and use. MT4 version:  https://www.mql5.com/en/market/product/67443 How it works The indicator is based on RSI and Stochastics.  The algorithm used in the Retracement Feeder allows the Stochastic and RSI to minimize the turns and twists thereby reducing
65 USD
Filtrele:
zakey_ahmad
73
zakey_ahmad 2021.06.26 19:29 
 

good indicator

Innovicient Limited
1922
Geliştiriciden yanıt ALFRED MURIITHI 2021.06.26 20:14
Thank for your review. We are humbled to have contributed to your trading 🙏💖
İncelemeyi yanıtlayın
Sürüm 1.4 2021.09.25
User interface improvements
Sürüm 1.3 2021.09.25
User interface improvements
Sürüm 1.2 2021.09.14
Interface improvement.
Sürüm 1.1 2021.06.09
1. Fixing bug in the alert system.
2. Allow Arrows to form in current bar.