The Indicator of A Professional Trader MT5
- The indicator is designed for use on any available instrument in your terminal.
- This is an efficient tool for both novice and experienced traders.
- It is equipped with a universal forecast multiple strategies and some additional strategies.
- Shows key levels, pivot and breakout levels, as well as recommended stop loss.
- It can be used as the main tool in manual trading.
- B,S predict candlestick direction at the candle beginning or closure. Recommended timeframe for the strategy is H4 and above. TF below H4 can be used by more experienced traders.
- BuyStopLvl, SellStopLvl – levels based on some candle patterns that can be used for setting BUYSTOP, SELLSTOP, BUYLIMIT and SELLLIMIT orders, as well as a stop loss and reversal signal.
- Buy Sell Revers And Stop Zone – important levels as well. You can use them to set limit orders, while a stop loss is set according to the red line. You can change the style and width of the lines using the LineWidth and Style parameters.
- Yellow point above or below the signal arrow indicates the recommended level to set a stop-loss.
- Use Text indent (default is true) - enable if you need text indent. In order to adjust the indent, set in 'Text indent' any value from 0 or above.
- The limit bars for greater performance(if true) - using the step parameter, you can dicrease or increase the number of history data displayed on the chart, as well as improve performance.
- Use Signal only when the candle closes – set to true if you want to receive signals after a candlestick closes. The true value is recommended.
- Use Forex Trading Signal to Future - The main signal strategy for all symbols with the description of B,S, you can disable this parameter.
- PERCUR - PERIOD_CURRENT, this parameter allows choosing TF, from which signals will arrive to the current TF. If you want to receive signals from D1, choose PERIOD_D1 on any TF, and you will see the signals from D1.
- B,S(true) - Forecast strategy, you can enable or disable it (false).
- MinMaxFilter - A new filter for the B,S strategy, it limits signals on highs and lows.
- Binary_Option - An additional filter to optimize the main signals for binary options.
- UseFutureFilterVol - A volume filter, it additionally filters signals and forecast direction based on the volumes. If enabled, signal will appear on the current open bar.
- UseFilterVol - more reversal signals will be received.
- btext, stext - Replacing the text displayed on the chart based on the B, S strategy. Instead of B,S, you can specify BUUUUY, SEEEEEL.
- Levels_Settings - Allows you to enable and disable level strategies.
- Alerts - The indicator can send sound alerts if set to true.
- PUSH - The indicator can send pushes if set to true.
- MAIL - The indicator can send emails if set to true.
- TextFontSize – Font size adjustment.
- Font_style – Font style adjustment.
- Full customer support.
- Constant updates.
- You can find the simplified documentation on my profile wall, I can provide additional detail.
- You can test the indicator in the strategy tester for free.
- Indicator version for MT4