The indicator should be used to confirm your trade system, it is not an independent thing for trading, you need to remember this. The indicator is as simple to use as possible and is based on the classic trend definition:
1. Each subsequent maximum is higher than the previous one for the uptrend.
2. Each subsequent low is lower than the previous one for a downtrend.
3. The trend changes when the last high / low breaks through.
The indicator is MTF, i.e. if you are working on M30, you can cho
The indicator is designed for finding the "ascending" and "descending" triangle patterns on the chart, followed by the breakout of the triangle base. The indicator also determines the take profit and stop loss levels, in order to know when to exit the position. In my opinion, when using the "Confimed Break" mode, after a signal appears it is best to wait for a small rollback to the base of the triangle and open the position. But when using the "Live Break" or "Live Break with ReEntry" mode, it i
The indicator finds the Pin bars on the chart, perhaps, the most powerful Price Action pattern. The indicator has additional filters, and the user can:
specify all parameters of the pin bar size as a percentage of the total candle size (minimum length of the large wick, maximum values of the short wick and body size). set the number of fractals for the last N bars, the Pin bar is based on, i.e. define the support/resistance levels. specify the required number of bearish/bullish bars b
This is a simple utility for visual market analysis. Users can select trading day and time. Bullish candles located within the necessary time interval are shown in green, while bearish ones - in red. Candles outside of the trading time interval are shown in gray and dark gray.
Trade_Time = "00:00-00:00" - enter trading time. TradeSunday - trade on Sunday. TradeMonday - trade on Monday. TradeTuesday - trade on Tuesday. TradeWednesday - trade on Wednesday. TradeThursday - trade
The indicator calculates the inclination angle of the Moving Average and displays the result on the screen. Users can select the start and end points to measure the inclination of the MA. It is also possible to set the angle value, and if the inclination angle exceeds the specified value, the indicator will play a sound alert and display a message on the screen.
Left_Shift_of_MA=1; - Shift of the MA to calculate the inclination angle (start point) Right_Shift_of_MA=0; - S
The main objective of the indicator is an accurate forecast of short-term trends. A rising channel is usually broken downwards and replaced with a falling one when confirmed by tick volumes, while a falling one is usually broken upwards and replaced with a rising one again when confirmed by tick volumes. Sometimes, upward and downward channels are replaced with flats. A channel width and duration are defined by the market situation and market phase (bullish or bearish). In our case, tick volumes