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Extreme point

The Extreme point indicator helps in determining the probable price reversal points on the chart.

The indicator facilitates the search for points to enter the market with greater accuracy. The indicator displays certain impulses, after which there is a high probability of the price continuing its movement in the same direction.

The indicator can be used in conjunction with other indicators for a more accurate detection of the position entry points. The indicator can also be used independently.

For example: the indicator can be used with the conventional Moving Average with a period of 200 to determine the trend. In this system, the buy signals are considered when the price is above the MA 200 (uptrend), while the sell signals are ignored. Similarly, the sell signals are considered when the price is below the MA 200 (downtrend), while the buy signals are ignored.

This indicator is able to work on any timeframe and any currency pair. However, it is recommended to use a timeframe from M5 to W1 (from five-minute to weekly).

You can also use different timeframes simultaneously to obtain stronger signals or to confirm a signal on the other timeframes. The ideal situation is when a signal is generated in the same direction on multiple timeframes, this signal is the strongest. And the potential profit from a trade based on this signal is increased.


Indicator Parameters

  • Period 1 - period used for the indicator calculation. Suitable values are from 1 to 30.
  • Period 2 - period used for the indicator calculation. Suitable values are from 1 to 20.
  • Period 3 - period used for the indicator calculation. Suitable values are from 1 to 10.
Decisions on entering a trade should be made only after a bar (candle) closes.
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Raymond Gilmour
4.64 (25)
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
Natürlich, hier ist die Übersetzung in Deutsch: Vorstellung des Astronomie-Indikators für MT4: Dein ultimativer himmlischer Trading-Begleiter Bist du bereit, deine Trading-Erfahrung auf himmlische Höhen zu heben? Suche nicht weiter als unseren revolutionären Astronomie-Indikator für MT4. Dieses innovative Tool übertrifft herkömmliche Trading-Indikatoren und nutzt komplexe Algorithmen, um dir unvergleichliche astronomische Einblicke und präzise Berechnungen zu bieten. Ein Universum an Information
This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. You can get alerts via MetaTrader 4, email and push notifications at the moment when a sig
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Version 1.1 2017.12.08
Performed optimization.