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Mirror

This indicator predicts rate changes based on the chart display principle. It uses the idea that the price fluctuations consist of "action" and "reaction" phases, and the "reaction" is comparable and similar to the "action", so mirroring can be used to predict it.

The indicator has three parameters:

  • predict - the number of bars for prediction (24 by default);
  • depth - the number of past bars that will be used as mirror points; for all depth mirroring points an MA is calculated and drawn on the chart; also depth bars are used for selecting the appropriate mirroring method (see details below); default - 4;
  • offset - the bar number on which prediction starts; default - 4.

When offset is set to 0, the indicator draws a prediction by simply mirroring the last predict bars to the future. If you set depth 1, you will see that the prediction simply repeats the last history bars in the up and down directions. If you choose, for example, depth 4, the prediction is smoothed out and is more generalized since it is calculated as an average of mirroring on the 4 consecutive bars.

There are 2 modes of mirroring: full chart mirroring along both the time and prise axes, and mirroring only on the time axis. The first one is shown in red, the second - in blue. The indicator offers the best of these variants only if offset >= depth. It uses the first depth bars of each mode of mirroring to calculate the square error as compared to the real prices of the same bars. The mode with the smallest error is preferred and is highlighted as a yellow curve. When offset < depth, prediction option cannot be selected.

Thus, the default values ​​of parameters mean that the indicator starts prediction from bar 4 (offset), uses the same 4 bars (depth) for evaluating each of the two methods, and will display the best option at 20 bars (24 predict - 4 depth), located entirely in the future.

You can shift offset further in the past (a value greater than depth) to check the performance of the indicator on the history.

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Sayadi Achraf
⭐️ ⭐️ ⭐️ ⭐️ ⭐️    Limited Time Offer,  Rent Trend Line Map  PRO  for  only 10$/Month    to   try our algorithm before getting lifetime version     ⭐️⭐️⭐️ ⭐️⭐️ Trend Line Map indicator is an addons for Trend Screener . It's  working as a scanner for all signals generated by Trend screener ( Trend Line Signals )  . Important Note : 1.  Active Signals Performance via  TREND LINE MAP INDICATOR ( Daily Update )    ► Click Here 2. Trend Line Map is a Trend Line Scanner based on Trend Screen
49 USD
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
149 USD
Bruces Price Predictor
Bruce Webb
*Non-Repainting Indicator Message Me Immediately After Purchase For VIP Installation Help and Free Strategy     Bruce's Price Predictor is an indicator that shows precise price reversals. A great arsenal to add to any chart.  Bruce's Price Predictor points price reversals with high degree of accuracy and it is great for scalping on the 1min time frame, Or swing trading on the 1hr time frame. Buy and sell arrows are shown on the chart as for entry signals. They do not repaint but confirmation ent
50 USD
Ichimoku Scanner Dashboard
Abir Pathak
Dashboard uses Ichimoku Strategy to find best trades. Get extra Indicators/Template: https://abiroid.com/extras/ichimoku-scanner-dashboard-extras Use this template: specify "Ichimoku" in Property: "Use Template For New Window" Tutorial: https://youtu.be/DvQR04YC4Ew Checks: For BUY: * If price above at least min distance from Kumo * If "Check Tenkan Kijun Cross" true and Tenkan at least min distance above Kijun * If "Check Chikou Cloud Distance" true and Chikou at least min distance away fro
50 USD
Pro Currency Strength Meter
Oystein Knudsen
Currency Strength Meters are a great way to identify strong and weak currencies. With this CSM indicator attached to your chart, you will get a clear overlook over the 8 major currencies: USD, EUR, JPY, CAD, CHF, GBP, AUD, and NZD. Suggested timeframes to scan is: M15 - H1 - H4 - Daily  You can however just change timeframe to check in the settings. Bear in mind that scanning very low timeframes such as M1 will require a lot of resources and might make your mt4 terminal slow.  The strength s
129 USD
Naked Forex Tweezer Pro Indicator for MT4
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
177 USD
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