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Levels StopTP

LEVELS (extremes, stops, takeprofits)

The indicator visualizes the levels of recent price extremes. Such values are searched for by means of an internal algorithm. It does not redraw. 

It is used to change stop order placement levels (done manually by the user, the indicator only visualizes the level). It can also be used for taking partial profits at opposite levels of the movement.

The indicator will allow you to take most of the strong movements. You don't have to worry about exiting a position prematurely. If you are caught in a strong movement, just watch the supporting levels and exit on a stop when the price has broken this level.

The indicator is not intended to search for entries into the position

Settings:

  • Extremum Area - the area where the extremum is initially searched for. In this case 2 candles BEFORE and 2 after.
  • Type Levels — responsible for the values of the levels - extremes or closing prices of candles
  • Any Break - turning on this parameter provides more sensitivity at the moment of the first level change.
  • Restart New Day - for intraday charts on instruments with a potential wide range of the first candle. Otherwise it may happen that the first candle with its tails immediately determines the levels for the whole day.
  • Bar's Quantity - the number of candles to the left, on which the indicator is displayed
DEMO VERSION in the "Discussions". For some reason, the demos that MQL makes by default do not work.

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IVISTscalp5
Vadym Zhukovskyi
5 (5)
What's new about iVISTscalp5 forecast indicator (Version 10)? iVISTscalp5 is a unique nonlinear forecasting for a week ahead system for any financial instrument which executes fast scalping using time levels. iVISTscalp5 is a tool for easy study and understanding of financial market. 1) iVISTscalp5 forecast indicator has been completely rewritten into another programming language (C++), which has accelerated data loading and processing. As a result, a different graphical display of forecast
Automated Trendlines MT5
Georgios Kalomoiropoulos
Trend çizgileri, forex ticaretinde en önemli teknik analiz aracıdır. Ne yazık ki, çoğu tüccar onları doğru şekilde çizmez. Otomatik Trend Çizgileri göstergesi, piyasaların trend hareketini görselleştirmenize yardımcı olan ciddi tüccarlar için profesyonel bir araçtır. İki tür Trend Çizgisi, Boğa Trend Çizgisi ve Ayı Trend Çizgisi vardır. Yükseliş trendinde, Forex trend çizgisi, fiyat hareketinin en düşük salınım noktalarından geçer. En az iki "en düşük düşük"ü birleştirmek, bir trend çiz
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
CONGESTION BREAKOUT PRO This indicator scans the breakout of congestion zones . This indicator unlike any other congestion indicator you will find in the market right now,  it uses an advanced algorithm not peculiar to most traditional congestion indicators available today . The advanced algorithm used to define the congestions  is greatly responsible for the high rate real congestion zones and low rate fake congestion zones spotted by this product. UNDERSTANDING CONGESTION Congestion are
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
5 (6)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
Trend Hunter MT5
Andrey Tatarinov
5 (2)
Trend Hunter , Forex, kripto para birimi ve CFD piyasalarında çalışmaya yönelik bir trend göstergesidir. Göstergenin özel bir özelliği, fiyat trend çizgisini hafifçe deldiğinde sinyali değiştirmeden trendi güvenle takip etmesidir. Gösterge yeniden çizilmez; çubuk kapandıktan sonra pazara giriş sinyali görünür. Bir trend boyunca hareket ederken gösterge, trend yönünde ek giriş noktalarını gösterir. Bu sinyallere dayanarak küçük bir Zararı Durdur ile işlem yapabilirsiniz. Trend Hunter dürüst
Divergence Sync MT5
Pavel Verveyko
5 (1)
Divergence and Convergence are important harbingers of reversals in stock markets. The Divergence Sync indicator is designed to automatically search for divergences on a large number of indicators with different parameters. The search for divergences is carried out on these indicators: (CCI, CHO, DeMarker, MACD, MFI, Momentum, OBV, OsMA, RSI, Stochastic, WPR,   Awesome Oscillator ). To search for divergences, you can use one technical indicator or search simultaneously on any number of ind
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RENKO Reversal
Anton Polkovnikov
3.67 (3)
RENKO Reversal by StockGamblers Actually working RENKO in MT5. Uses "custom symbols" for drawing. You can apply any indicators with complete peace of mind. The movement of the last price is displayed in real during the formation of the "brick". Put the script in the MQL5/Experts folder. More precisely: C:\Users\user\AppData\Roaming\MetaQuotes\Terminal\terminal_number\MQL5\Experts Settings: ValuePerBar - height of the "brick" in points revCandle - multiplier for the height of the turning "brick".
FREE
Seconds time frame In MT5 there are no second charts by default. Many of the presented options for creating such do not work fully - errors with extrema, inability to use indicators, etc. I present you a fully working variant. The script works as an Expert Advisor by creating a custom symbol. To work, the script is placed on the M1 chart of the instrument of interest, after which the window of the custom symbol will open automatically. The settings are minimal and intuitive - the timeframe inte
The script removes all of the indicators on the chart with one movement of the hand. There are situations when there are too many indicators on the chart. And it is required to delete all of them without closing the tab. Unfortunately, the settings window doesn't allow us to select all indicators at once and we have to delete one by one. This script will solve this problem. Simply drag the script   from Navigator window onto the chart.
FREE
Anchored VWAP (with no Volume) A unique development of one of the most useful VWAP indicators. This product allows you to get away from using the basics of VWAP, namely the volume. Everything is calculated without it. In addition, a convenient system for selecting starting points has been developed - by moving the "starting field" you indicate to the script the area, in which the extremum, from which the calculation will start, should be searched for. The main advantages of this development: con
TrendMeasurer indicator manual / TMi manual The indicator is designed to help the user to find the end point of a strong trending price movement. Important - END. Not start. How the indicator works The first price impulse and its subsequent pullback form a certain "critical mass" which acts as "fuel" for further price movement. The production of this fuel indicates the potential end of the trend. Both volume and indicator calculated in a certain way from price data can be the fuel. The amount of
TrendMeasurer indicator / TMi The indicator is designed to help the user to find the end point of a strong trending price movement. Important - END. Not start. How the indicator works The first price impulse and its subsequent pullback form a certain "critical mass" which acts as "fuel" for further price movement. The production of this fuel indicates the potential end of the trend. Both volume and indicator calculated in a certain way from price data can be the fuel. The amount of "fuel" can be
VWAP Daily
Anton Polkovnikov
Weighted average price indicator or VWAP. The well-known standard VWAP with the beginning of the day is added with the function of selecting the periodization. It can be calculated both every day and on other periods. Also the indicator allows to exclude the volume from the calculation, which will allow using it on the cryptocurrencies and forex. There is an alert for a VWAP price crossing. There are 1 and 2 standard deviation. Settings: Volume: turning volume on and off in the calculation mecha
A huge number of traders use the VolumeProfile/MarketProfile analysis method. And I think there is no need to explain such concepts as POC and VAH/VAL. However, the standard VolumeProfile representation has a drawback - we only see the current picture of the market. We see the "convexity" of the volume distribution within the period. But we don't see the main thing - the "migration" of the POC level during the price movement. Our indicator is unique. It is dynamic. The first feature is that the
Non-lagging VOLATILITY indicator A radical modification of the ATR indicator, which corrected all of its shortcomings (the picture shows the difference with ATR). The indicator shows the swing size of the current market movement. Features: does not have a time window period, i.e. any subjective settings non-delayed, the extremums of the indicator always coincide with the extremum of the price (note the picture) is normalized by means of a color solution, i.e. it has the properties of an oscillat
MultiVWAP
Anton Polkovnikov
MultiVWAP A radical reworking of the well-known VWAP, which is in fact a completely new unique tool. It gives you the opportunity to put 5 types of different VWAPs on the chart: Volume - standard VWAP calculated based on volume No volume - no volume in calculations, which allows using the indicator on the charts, for which the broker does not supply volumetric data Volatility - new development, the calculation is based on unsteady volatility Buyer - VWAP calculation is based on current market bu
POC Auto
Anton Polkovnikov
Auto Point of Control Indicator for those who use the Market/Volume Profile in their trading, who are familiar with the concepts of POC and VAH/VAL. I often noticed that it is inconvenient to change the zone of POC level calculation. Also it is not always convenient to use periodic areas, such as Day, Hour, etc. So I decided to develop a fully automated POC, where the zones change each other through the algorithm in the script. How to use POC - everyone decides for himself. They can be stop-loss
Cumulative delta indicator As most traders believe, the price moves under the pressure of market buying or selling. When someone redeems an offer standing in the cup, the deal is a "buy". If someone pours into the bid standing in the cup - the deal goes with the direction of "sale". The delta is the difference between purchases and sales. A cumulative delta - the difference between the cumulative sum of purchases and sales for a certain period of time. It allows you to see who is currently contr
PULLBACK HUNTER What is every trader's cherished dream? To see without delay the places where the reversal will happen. This, of course, is from the category of magic, though... nothing is impossible. But for now I've prepared for you an indicator that marks in real time the end of corrections to the current movement or in short - catches pullbacks.What is the main point? Many people practice rebounds when the price moves in the direction of the open position. And they do them on the formation o
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Sürüm 1.11 2023.09.25
Исправлена работа алерта
Sürüm 1.1 2023.09.23
Added an option to build levels not only by extremes, but also by candle closing prices. Makes the levels more accurate in a number of cases