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Retracement Feeder MT5

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 false oversold and overbought signals.
  • It scans for a buy retracement when the asset is oversold and for sells when overbought.


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. 

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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
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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
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Sürüm 1.2 2021.09.25
User interface improvements