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KT Momentum Arrows

KT Momentum Arrows Indicator is based on a momentary breakout which is calculated using the bands deviation and emerging volatility in a certain direction.

A buy signal is generated when the price close above the upper band and a sell signal is generated when the price close below the lower band.

A magnitude coefficient is used as the input which affects the band deviation and volatility at the same time. The coefficient value should be carefully selected and analyzed based on the instrument and time frame.

MT5 version of the same indicator is available here KT Momentum Arrows MT5


Key Features

  • No Repaint!
  • A great entry tool for momentum traders.
  • Performance analysis elements such as Win/Loss, Success rate, Avg. Profit etc.
  • Suitable for Day Traders, Swing Traders, and Scalpers.

Input Parameters

  • History Bars: Number of bars to use for indicator data calculation.
  • Magnitude Coefficient: A single coefficient to adjust the band deviation and volatility measurement.
  • Performance Analysis: Show/hide performance analysis including the profit trend lines. 
  • Alert Settings: Pop up, Email, Push notifications and Sound alerts are available.
  • Rest of the inputs are self-explanatory.


EA Developers

double Buy_Signal;
double Sell_Signal;
double Upper_Band;
double Lower_Band;

Buy_Signal  = iCustom(NULL,0,"Market/KT Momentum Arrows",0,1);
Sell_Signal = iCustom(NULL,0,"Market/KT Momentum Arrows",1,1);
Upper_Band  = iCustom(NULL,0,"Market/KT Momentum Arrows",2,1);
Lower Band  = iCustom(NULL,0,"Market/KT Momentum Arrows",3,1);

// Detecting the buy/sell signals

If(Buy_Signal!=0)
 {
  // Do something with buy condition 
 }

if(Sell_Signal!=0)
 {
  // Do something with sell condition
 }
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owais_saadeh
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Sacrament mt4- This is an indicator that includes the best basic forex indicators, without redrawing. Based on this data, a signal for sale or purchase is formed. It does not disappear anywhere after the signal, which gives us the opportunity to see the results on the history. It can be used on any currency pair, crypto metals, stocks It is best used on an hourly chart, but other periods are also acceptable. The best results for the period H1,H4,daily If customers have any questions, I w
Eine persönliche Implementierung von Order Blocks, einer einfachen, aber effektiven Positionshandelsstrategie. Der Trader sollte in den Markt einsteigen oder nach Trades in Richtung des letzten Orderblocks suchen, wenn die Preisspanne nicht in die entgegengesetzte Richtung des Ausbruchs durchbrochen wurde. Offene Blöcke sind aus Gründen der Übersichtlichkeit nicht gezeichnet. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Ein zinsbullischer offener Block i
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Wir stellen vor       Quantum Breakout PRO   , der bahnbrechende MQL5-Indikator, der die Art und Weise, wie Sie mit Breakout-Zonen handeln, verändert!   Quantum Breakout PRO   wurde von einem Team erfahrener Händler mit über 13 Jahren Handelserfahrung entwickelt und soll Ihre Handelsreise mit seiner innovativen und dynamischen Breakout-Zonen-Strategie auf ein neues Niveau bringen. Der Quantum Breakout Indicator zeigt Ihnen Signalpfeile auf Breakout-Zonen mit 5 Gewinnzielzonen und Stop-Loss
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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Version 2.2 2019.01.07
- Bugs fixing.
Version 2.1 2018.12.27
- added symbol and timeframe information in the alerts.
Version 2.0 2018.12.19
- Added a simplified performance analysis.
- Source code optimized for faster execution and consume less memory.
- Some minor changes in the colors.
- Input parameters simplified.