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Prometheus Trade Engine MT4

Prometheus Trade Engine is an indicator that combines price action, ratio based indicator with custom indicators& other lagging indicators to create this leading indicator that has a multi-timeframe approach to trading so that you are able to see what other timeframes are doing all in one chart and give you high probability trade setups to assist you to make a prediction on what is MOST likely to happen in the market going foward

Chart Features

1. Reversal Zone

  • It is the rectangular box on your chart which is based on a close approximation to 50% & 61.8% fibonacci retracement levels over the high-low period of 100 bars.
  • By default, Blue rectangle is set to indicate that you are temporarily on a LONG trend with 50% above & 61.8% below;
  • Red rectangle is set to indicate that you are temporarily on a SHORT trend with 61.8% above & 50% below. It is drawn automatically so when the trend changes the tool redraws it automatically depending on your timeframe of choice.
  • It gives you a level where bulls and bears battle it out on who will dominate future price moves
  • When the Reversal Zone holds then price will bounce off that zone but when the Reveral Zone is breached it gives you a[leading]indication ahead of time that the current trend is MOST likely about to change so adjust your trading rational appropriately
  • When there is NO retracement level available then there will be NO Reversal Zone thus NO Price Move, so you stay out of the market

2. Price Action Signal

  • It is the arrow displayed on a specific candle. These arrows are NOT buy/sell arrows but rather price action signals.
  • It can be reversal signals or trend continuation signals, this will depend on where it appears on your chart. They DO NOT repaint
  • Scenarion I: If you have a bullish arrow on a bullish candle then price is most likely going to shoot LONG;If its a bearish arrow on a bearish candle then price is most likely going to collapse SHORT.
  • Scenarion II: If its a bullish arrow on a bearish candle then price is most likely going to move LONG momentarily before collapsing SHORT;If its a bearish arrow on a bullish candle the price is most likely going to move SHORT momentarily before shooting LONG
  • DO NOT rely only on these signals but use them together with the other indicators to increase your probability for some signals will undoubtedly fail but if you use them with the rest of the indicators then you have an edge;
  • You can even use a failed signal to your advantage

3. Price Move - It is based on where price is relative to the reversal zone; Above = bullish moves; Below = bearish moves

4. Daily Move - It is based on where price is relative to the daily open

5. Daily Index - It is based on current price relative to the open-high-low-close price of the daily candle; scale is 0 to 100 [0 = daily open & 100 = new high or new low]
   The higher the value the further the price is to the open; The lower the value the closer price is to the open

6. Analysis

  •    Trend Strength - Displays the overall strength of the trend; Scale is 50 to 100 [50 = weak & 100 = strong]
  •    Asset Strength - Displays the strength of the asset; Scale is 0 to 9 [0 = weak & 9 = strong]
  •    Strength Index [RSI] - Displays the RSI level
  •    MACD - Displays whether the MACD is above or below zero
7. Average [Moving Average] - Displays a multi time frame approach of where price is relative to the set moving average above or below

8. Momentum - Displays set momentum bullish or bearish across each time frame

9. Direction [ADX] - Displays set average directional movement index bullish or bearish across each timeframe

10. Market Sentiment -  Displays the traders choice of market direction call or put


Period Settings

  • Average Period       - Set period for Moving Average, default set to 50 [Recommended]
  • Momentum Period      - Set period for Momentum, default set to 14 [Recommended]
  • Direction Period     - Set period for ADX, default set to 14 [Recommended]
  • Stength Index Period - Set period for RSI, default set to 14 [Recommended]
  • Reversal Zone Alert  - Set alert screen pop-up message, default set to TRUE [Optional]
Color Settings
  • Symbol Color  - Set color symbol on your chart, set to [Black 40,40,40] for Blackboards [Default] & DarkGray for Whiteboards [Recommended]
  • Panel Color   - Set color for the right hand panel, set to White for Blackboards [Default] & DarkGray for Whiteboards [Recommended]
  • Value Color   - Set color for values on the Analysis Section, set to Black for Blackboards [Default] & White for Whiteboards [Recommended]
  • Bullish Color - Set color for bullish indicator move, set to DodgerBlue for Blackboards [Default] & Green for Whiteboards [Recommended]
  • Bearish Color - Set color for bearish indicator move, default set to Red for Blackboards & Whiteboards
  • Flat Color    - Set color for flat indicator move, set to Yellow for Blackboards [Default] & Gold for Whiteboards [Recommended]
  • ReversalZoneLong Color  - Set color for LONG Reversal Zone, set to Blue for Blackboards [Default] & Green for Whiteboards [Recommended]
  • ReversalZoneShort Color - Set color for SHORT Reversal Zone, default set to Red for Blackboards & Whiteboards
  • Timeframe Color         - Set color of current chart timeframe, default set to Magenta for Blackboards & Whiteboards

Trade Setups

1. Reversal Bounce

Take a Reversal Bounce trade when price has bounced off the SHORT/LONG Reversal Zone based on HIGH PROBABILITY CONFLUENCE from Prometheus Trade Engine &
price action signal. Price MUST close INSIDE/BELOW the SHORT reversal zone for a PUT OR INSIDE/ABOVE the LONG reversal zone for a CALL.The closer the price
is to the Reversal Zone the better the entry
2. Reversal Breach

Take a Reversal Breach trade when price has breached through the SHORT/LONG Reversal Zone based on HIGH PROBABILITY CONFLUENCE from Prometheus Trade Engine &
price action signal. Price MUST close INSIDE/ABOVE the SHORT reversal zone for a CALL OR INSIDE/BELOW the LONG reversal zone for a PUT.The closer the price
is to the Reversal Zone the better the entry

Please share comments, ratings & reviews
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CFF Dark M Volume This is the most accurate Volume Reversal & Trend Following System for MT4 providing accurate signals to enter a trade without redrawing or delays.   It can be applied to:  All MT4 Charts . . The best results are on the timeframe 1H & 4H    | Our MQL5 Channel   IMPORTANT! Contact me after your purchase to get the detailed guide.   Most traders are %99 accurate with the help of CFF Dark Money Volume System.    Benefits of CFF Dark M Volume System  Entry signals  ba
1 313 USD
Buy and Sell Signals Directly Onto Your Charts.  It couldn't be EZ-er! Aslo Gives Alerts – On Your MT4 To Your Phone To Your Email. Does not repaint! This couldn't be EZ-er to use - just drag it onto your chart (any timeframe, any pair) set the time of day you want signals and where you want alerts, and wait for the signals. How To Trade With The EZ Buy And Sell Signals Indicator:  https://youtu.be/8s5bc261460 SETTINGS: Just set the time of day you want signals and where you want alert
269 USD
A percent graphic is a type of graph or chart used to represent data as a percentage of a whole. Percent graphics are often used to illustrate how a given set of data is distributed between different categories or how certain trends have changed over time. Percent graphics can be used to show the composition of a dow jones , or the performance of a company over a given period of time   d1 percet  w1 perncet  m1 percent  y1 percenty
500 USD
Witch Hat for Binary Options is an indicator for binary options based on analysis of Bollinger Bands and RSI, using a modulated strategy with indicator settings using complex filters. This indicator never repaints, it has an almost accurate answer for you to make the entries. There are two ways for you to analyze your entry, when an arrow appears you have more than 90% chance of hits, and the other way is the lines that it automatically draws and its trend line. It has surprisingly strong s
900 USD
EZT Trend
Tibor Rituper
4.5 (2)
The EZT Trend indicator will show you the trend, the pullback and the entry opportunities. Optional filtering and all type of alerts are available. E-mail and push notification alerts are added. We are also developing an EA based on this indicator, which will be available soon. It is a multi-functional indicator consisting of two color histograms and a line. It is a visual representation of a trend direction and strength, also you will find divergence many times, either on the line or on the his
320 USD
Precautions for subscribing to indicator This indicator only supports the computer version of MT4 Does not support MT5, mobile phones, tablets The indicator only shows the day's entry arrow The previous history arrow will not be displayed (Live broadcast is for demonstration) The indicator is a trading aid Is not a EA automatic trading No copy trading function The indicator only indicates the entry position No exit (target profit)  The entry stop loss point is set at 30-50 PIPS Or the front
1 800 USD
Dmitriy Soldatenko
Индикатор AURUS Arrow предусматривает возможность выявления различных особенностей и закономерностей в динамике цен, которые не видны невооруженным глазом. AURUS Arrow — индикатор, показывающий стрелки покупки-продажи, которые определенно помогут каждому трейдеру, который не знает как торговать. На основании этой информации, трейдеры могут предположить дальнейшее движение цены и корректировать свои стратегии, соответственно. Буферная стрелка покупки-продажи с сигнальным алертом. Тайм-фре
279 USD
Advanced Arrow
Alfred Kamal
3.93 (40)
This indicator depends on some secrets equations to draw Signals with Stop loss and maximum 4 Take profits. There is a free EA depends on this indicator as a gift when you purchase/rent it. Features Simply it gives you entry point as Ready sign (Buy / Sell) and arrow (Buy / Sell) after candle closed, also SL line and 4 TP lines or less. Once SL-TP lines are shown with the arrow, they remains as they are until signal change. It is historical indicator. No Repaint. user manual for V5 please cli
300 USD
DESCRIPTION The CHAOS INDICATOR has been developed to be used for the TRADING STRATEGY OF CHAOS, as described in the book. The book is in italian language only and can be obtained only on my website indicated below. DATAS COLLECTED AND SHOWN ON GRAPHS The CHAOS INDICATOR apply easily to any graph and any asset, and it is a TRADING FACILITATOR, as it identify immediately the following items on any graph: - The GP (= RIGHT PRICE) i.e. the price to which the asset should be attracted within 24
380 USD
Bu, 3Bar_Play olarak bilinen Fiyat Eylemine dayalı bir stratejidir ve 3Bar şamdan formasyonuna dayalıdır. Al/sat sinyal okları çıkmadan önce filtre ve onaylar için ek göstergeler eklenir. Bir yükseliş trendinde, düşüş trendinde veya yatay piyasada işlem görebilir. Eklenen göstergeler şunları içerir: Stokastik - Momentum Balıkçı - Trend ATR - Sinyal okunun tabanındaki Kaybı Durdur yerleşimini de açıkça tanımlayan Oynaklık (ATR Kaybı Durdurma yöntemini kullanarak). Ödül Riski, iyi bir risk yöneti
999 USD
Retracement Pip Catcher
Christopher Graham Parish
Buy and Sell Arrows when price is about to retrace. It Also Sends Alerts – On MT4 To Your Phone To Your Email Does not repaint. Works ony any pair, any timeframe. 10 Activations allowed so you are free from limitations See an example of alerts from today (23 May 2020) using this and 2 more of my indicators  here . MT5 Version here . What is a Retracement and why is it important to you? As you know, the market goes through phases of trend and retracement. Price can only move so fa
269 USD
Clinton Keenan Obinna Butler
Overview: With so much noise and distraction in the markets I wanted to create clarity for traders to have a simple, efficient, and fun trading experience. This is why I created Pipsurfer. Pipsurfer is an trend following indicator that visually shows you important Institutional Smart Money levels in the market and helps you to trace Market Structure in the markets. Most traders find it difficult to visually see trading elements such as trend, structure and momentum which are key for understandin
350 USD
CFF Bounced Trader Signals This is the most accurate reversal indicator for MT4 providing accurate signals to enter a trade without redrawing or delays.   It can be applied to: commodities  Only. The best results are on the timeframe M5+    | Our MQL5 Channel   IMPORTANT! Contact me after your purchase to get the detailed guide.     Video (2:08)  - Reviewing The previous signals on XAUUSD "GOLD".  Most traders made a very nice profits during the first trading week with the help of CFF
313 USD
Yazarın diğer ürünleri
Prometheus Smart Money is an indicator that combines both price & volume with calculations based on other custom indicators, smart volume and retail volume to create this leading indicator that gives you high probability moves to help you make a decision on what is MOST likely to happen in the market going forward Advantages You can use it in ALL financial markets including binary options on ALL asset classes or instruments. You can use it as a stand alone indicator or as a confirmation tool wit
100 USD
Centaurus Trend Engine is an indicator that uses custom indicators to give the current momentum moves of the market with a multi-timeframe approach to trading Features Value Area -It is the (red/green) rectangular box on your chart based on the dynamic structure period set;Green to indicate you focus on LONG moves & Red for SHORT moves Analysis - Displays The Market Analysis Strength - Displays The Market Strength Trend - Displays The Market Trend Entry State - Displays the BEST entry time for t
50 USD
Primus Smart Money is an indicator that shows the average of bulls and bears on an asset. Used as a confirmation indicator for bullish and bearish control to assist in predicting future price moves Advantages Used in ALL financial markets including binary options on ALL asset classes or instruments. To be used as a confirmation tool with other indicators Parameters Period - default set to 9 (Recommended) Entry requirements Focus on the clusters on the indicator - the height or depth of the bars
35 USD
Primus Trading Engine is a trading system that combines price action,ratio based indicators & custom indicators to create this leading indicator with a multi-timeframe approach to give you high probability trade setups for forex,CFD cash/futures,metals & binary option to assist in making predictions on what is MOST likely to happen in the market Main Chart Features Price Action Signal-Arrow displayed on a specific bar;NOT buy/sell arrow;DOES NOT repaint;Bullish arrow on a bullish bar,price is l
1 500 USD
Namiri Trade Engine is an ALL in ONE trading system that combines market structure, volume pressure, market condition & risk management to give you the BEST opportunities for A+ trade setups with auto lot size WAIT FOR YOUR A+ SETUP || ONLY TAKE YOUR A+ TRADE || RINSE & REPEAT YOUR A+ MOVE Chart Features Panel - Shows the asset, market, price, pip, account, trade & profit|loss information Structure - Shows areas of support & resistance Risk Management - Shows buy | sell entry zone as well
2 500 USD
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