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Pershikov Fibonacci Retracement

The indicator plots 5 Fibonacci retracements according to recommendations about trend lifetime given by V.V. Pershikov. All lifetime parameters can be customized. Retracements are plotted at the moment of attaching the indicator to the chart and at the moment of scaling. It is made for increase in productivity. If the indicator re-plots on every tick, its operation will be slowed down due to abundance of calculations which come from check of 61.8 level breakthrough. Plotting can be changed manually after the indicator has finished plotting retracements. Remove the indicator from the chart so it could not change manual settings. Retracements won't be removed.

The indicator was developed in cooperation with V.V. Pershikov.


Indicator Parameters

Trend parameters

  • EndBarNumber = 1 — This parameter determines the last candle till which retracement will be plotted. Default value is 1 – this is the last candle on the chart (0 is the current candle). The current candle is not completed yet. So if we set this parameter to 0, we should be ready for redraw.

Trend break parameters — Adjustable Parameters for Trend Breakthrough.

  • TrendBreakEndLevel = 0.618 — Level to break through to "cancel" a trend. Retracement plotting is checked for breakthrough of this level. Its default value is 61.8 according to V.Pershikov.
  • TrendBreakCandlePercent = 100 — Part of a candle body as percentage, which must be broken through by the specified level of trend cancellation to record such cancellation. Attention! According to V.V.Pershikov this percentage is 66%. Default value is 100%. That means that the entire body of the candle must be above/below the level.
  • ShowAdditionalLevels = false – if set to True, it shows additional levels: 76.4, 85.4, 91.

Further, there are setting parameters for plotting retracements for each timeframe. I will describe settings for H1, other timeframes are set similarly.

  • NameH1 = "PRH1" – Name of Fibonacci line object
  • TrendMinBarsH1 = 10 – Minimum allowed number of H1 bars in the trend according to which retracement is plotted
  • TrendMaxBarsH1 = 400 – Maximum number of H1 bars to plot retracement
  • TrendMinSizeH1 = 0 – Minimum number of pips in the trend (particularly pips, not points, i.e. for 1.10182 point of EURUSD the fourth digit is 8, and pips for the fifth digit is 2). If there are less pips, the trend is considered to be absent.
  • FiboColorH1 = Purple – Retracement color. We took default value according to V.Pershikov
  • FiboStyleH1 = 0 – Style of retracement lines (dashed, dot-and-dash)
  • FiboWidthH1 = 1 – Width of retracement lines
  • BreakCheckStep = 1 — Parameter influencing on productivity. Trend breakthrough is calculated not on every candle but in a number of candles specified in the parameter. If there are no any productivity problems, leave default value.
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成為突破者,隨著價格反轉,市場結構會改變利潤。 訂單突破者指示器可以識別趨勢或價格走勢何時接近枯竭並準備好逆轉。它會提醒您市場結構的變化,通常會在發生逆轉或重大回調時發生。 該指標使用專有計算來確定突破和價格動能。每當在可能的耗盡點附近形成新的高點時,指標就會繪製最後一個生成該高點的順序塊。然後,它將隨價格移動隨價格跟隨定單。然後,當價格轉向相反方向並突破該訂單塊時,它會提醒您,從而創建新的市場結構並開始趨勢或重大回調的可能逆轉。 訂單塊是在創建高/低之前的最後一個相反的彩色蠟燭,並且當價格跌破這些關鍵區域以下時,這表明趨勢可能會發生短期或長期反轉。 特徵 提醒您關鍵耗盡點的市場結構變化 價格接近耗盡水平時自動提取訂單塊 在一個方向繼續移動時,在價格後面跟踪定單,以提醒您最佳的反轉輸入 將顏色更改為純色塊,以顯示何時發生市場結構中斷。 適用於所有交易品種和時間範圍 內置集成的彈出窗口和電子郵件警報 策略和如何與定單破壞者指標進行交易 當斷路器塊發生時,您有兩個選擇。 看左邊!我們正在尋求供應/需求或支撐/阻力位嗎?市場結構轉變(逆轉)通常發生在價格重新測試舊水平或
49 USD
TPA Sessions MT4
InvestSoft
"TPA Sessions" indicator is a very important tool to complement  "TPA True Price Action" indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can`t explain?  A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!! The first run   of the TPA Session indicator must be in the open market  for the lines to be drawn correctly. Please visit our blog to study actual trades wi
50 USD
Demand And Supply Diagram MT4
Evgeny Shevtsov
The balance of supply and demand is a simple and effective market analysis method. The supply and demand diagram can show you in advance, even before the trend reversal, where the supply ends and the demand is already emerging, where the demand ends and the supply is emerging, while substantially increasing the probability of making a deal in the right direction and with a high profit factor. Indicator Signals The indicator uses the price/volume values to generate signals: ED – excess demand.
35 USD
Ultimate Double Top Bottom Reversal Indicator
FXsolutions
This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " How To Yield Big Winners Consistently! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a top-down approach to get 15 - 20R winning trades on a regular basis . The provided video shows the maximum performance of the indicator. With maximum performance, I mean that this could have been the profit if you
59 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
Stable option
Dmitriy Kashevich
The indicator is designed for scalping and binary options trading. -Works well with the standard Bollinger Bands indicator filter. -The signals are extremely clear even for a beginner blue up arrow buy signal red down arrow sell signal. -Recommended timeframes M1-M5 expiration time 1-2 candles of the used timeframe. -The best indicator was 75% correct trades Have a good bargain! 
50 USD
Peace ind
Vasiliy Strukov
⭐⭐⭐⭐⭐ I am glad to welcome you on the page of my product - I am its author Vasily Strukov.⭐⭐⭐⭐⭐ The most important task of the trader is to discover the trend and follow it. Peace - a trend indicator, used to determine the current trend. Manual how to use indicator you can find at comment #2. I use it to set the trading direction for the  Idea Pro Gold  adviser (trade buy or trade sell). It works on all instruments - forex, indices, oil, gold, stocks and all time frames. Recommended time fram
45 USD
FX Trend
Daniel Stein
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long
50 USD
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
199 USD
Advanced Currency Strength28 Indicator
Bernhard Schweigert
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a wort
148 USD
Monster Harmonic Indicator
Paul Geirnaerdt
Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced
99 USD
MonsterDash Harmonic Indicator
Paul Geirnaerdt
MonsterDash Harmonic Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for tho
169 USD
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