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Alpha Trend Spotter

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Démo téléchargée: 180

Publié: 30 mars 2015

Version actuelle: 208.19

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Alpha Trend Spotter

Indicateurs
Andy Ismail
Version: 208.19
Mise à jour: 26 août 2019
Activations: 5

This is an indicator for finding the strongest trend each day, suitable for intraday trading or a swing trading.

See the live performance at : https://www.mql5.com/en/signals/93383

How to Use:

RED BAR means Bearish Trend for the next candle
GREEN BAR means Bullish Trend for the next candle
ORANGE BAR means Sideways Trend for the next candle

Example:

If we are using D1 timeframe, see the last BAR, if the bar is RED BAR, open short/sell for today.

If we are using H1 timeframe, see the last BAR, if the bar is GREEN BAR, open long/buy until next hour.

You can сombined it with Parabolic SAR Indicator for helping you to place the TP & SL.

plus...

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This indicator automatically draws Support and Resistance lines based on High and Low Candle at every timeframe. Support and resistance have a recurring nature as a trader goes through the process of building a strategy. Because of its importance, it is often reasonable for a trader to build object patterns for incorporating these prices into a strategy. When strong support and resistance levels are found, this can enable traders to effectively plot their approach, manage trades, and adjust risk

This indicator is customized for binary option trading like M1 timeframe or turbo option trading. The way a binary option works is from the traders perspective is that you choose whether or not a certain underlying asset (a stock, commodity, currency etc.) is going to go up or down in a certain amount of time. You essentially bet money on this prediction. You are shown how much money up front you will earn if your prediction is correct. If your prediction is wrong, you lose your bet and the mone

Fibonacci Swing Scalp (Fibonacci-SS) This indicator automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with an auto Pending Order (Buy/Sell), Stop Loss, Taking Profit 1, Taking Profit 2 and the best risk and reward ratio. This is a very simple and powerful indicator. This indicator's ratios are math proportions established in many destinations and structures in nature, along with many human produced creations. Finding out this particular a

This indicator is another variant of the famous powerful indicator Fibonacci-SS https://www.mql5.com/en/market/product/10136 but has different behaviour in placing Pending Order and TP Line. Automatically places Fibonacci retracement lines from the last highest and lowest visible bars on the chart with: An auto Pending Order (Buy/Sell). Taking Profit 1, Taking Profit 2 is pivot point and Taking Profit 3 for extended reward opportunity. The best risk and reward ratio. Simple and powerful indica

This indicator based on Alpha Trend Spotter, Moving Average, and RSI Indicators. Its Customized for H4 (Four Hour) Timeframe where the price do real swing. This indicator doesn't have setting value, just plug and play in H4 Timeframe. Best performance with pairs: EURUSD GBPUSD EURJPY GBPJPY Entry conditions: LINE CROSS ATS < 30, HOLD and then line TOUCHING BACK TO 30 = LONG ENTRY LINE CROSS ATS > 70, HOLD and then line TOUCHING BACK TO 70 = SHORT ENTRY Exit conditions: LONG CLOSE IF CROSS AT

This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. With adjustable Fibonacci range and has an alert function. What is Pyramid Trading Strategy? The basic concept of pyramiding into a position is that you add to the position as the market moves in your favor. Your stop loss moves up or down (depending on trade direction of course) to lock in positions. This is how

This indicator is a proof of concept of pyramid trading strategy. It draws fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. What is Pyramid Trading Strategy? The pyramid forex trading strategy is a something every forex trader should know about because it makes the difference between making some pips with some risk in only one trade or some pips with less the risk by applying the pyr

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Version 208.19 2019.08.26

New Engine Update
Author Website Added

Version 2.1 2015.06.04

Signal Alert Added

Version 2.0 2015.05.13

What's New:

- Enhanced the algorithm
- Fixed major bugs
- New layout