ProfitZone PRO MT5
INFINITY ProfitZone calculated from the volatility range of bulls and bears. It shows the change in the local trend and entry points, displays the support line and ProfitZone and LimitZone (resistance) trend, shows the time limits for the end of these zones, which are very likely to be reached.#1 ProfitZone- is the average price of trend (calculated by parameter "Averaging period for calculating parameters")
#2 LimitZone- is the average level of price deviation from the trend (calculated by parameter "Averaging period for calculating parameters"). Used to place limit orders.
The built-in additional indicator (HTF-Filter) signals the trend of the higher timeframe.
The longer "Averaging period for calculating parameters" period (bars), the more stable these levels are. I recommend to use 1000-3000 bars.
#3 Support Line- most often, the price is not far beyond this support. But there are exceptions.
#4 - is 1/2 of ProfitZone. Using for close the 1st TP level.
#5 - Closing the 2nd order at the expiration of the time or at the ProfitZone border (calculated by the parameter “Averaging period for calculating the parameters”)
More information in the ProfitZone's blog: https://www.mql5.com/en/blogs/post/724949
Profitable products for successful trading: https://www.mql5.com/en/users/neurofx/seller
This software does not guarantee constant work when using third-party software.