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Trendometer

5

Identifying the trend of the market is an essential task of traders. Trendometer implements an advanced algorithm to visualize the trend of the market. The major focus of this indicator is to evaluate the market in the lower time frames (i.e., M1, M5 and M15) for the scalping purposes. If you are a scalper looking for a reliable indicator to improve your trade quality, Trendometer is for you. The indicator runs on a separate window showing a histogram of red and green bars. A two consecutive green (red) bars is a good sign to enter the market in Long (Short) direction. The number of consecutive bars with the same color is a measure of the power of the trend. In the absence of one or more bars, the interpretation of the indicator is that the market price is ranging (i.e., consolidation).


User Defined BUY/SELL Signal Patterns:

The user can specify infinitely many BUY/SELL signal patterns to be shown by the Trendometer indicator. A notification (in the alarm window) will be generated as soon as a pattern is recognized by the indicator. In the input setting there are two string variables: Buy Signal Pattern and Sell Signal Pattern. A space character between patterns separates them from each other. The characters 'g', 'r' and 'x' stand for a green, red and no bar of the Trendometer indicator. For example, if we would like to have a notification after two consecutive green bar followed by either a red bar or no bar, we need to set Sell Signal Pattern ="rgg xgg".


Features:

  • Generates reliable BUY/SELL scalping signals.
  • Continuously follows the trend of the market price change.
  • Filters out the noise in the candlesticks to identify the true trend.
  • User can define infinitely many BUY/SELL signal patterns to be notified by the indicator.
  • Works with 4 and 5 digits brokers.

Signals:

  • Open a LONG (BUY) position when two consecutive green bars are formed after the end of a consolidation or the end of a down-trend.
  • Open a SHORT (SELL) position when two consecutive red bars are formed after the end of a consolidation or the end of an up-trend.
Input Parameters:
  • Trend Period: A positive integer number that indicates the period over which the trend will be estimated.
  • Min Number of Group Bars: A positive integer number that indicates the minimum number of bars to be used in a group by the trend filter.
  • Max Number of Group Bars: A positive integer number that indicates the maximum number of bars to be used in a group by the trend filter.
  • Show Signal Alarm?: If Yes, the indicator will notify the user as a BUY/SELL signal pattern matches by means of the alert window.
  • Draw Signal Arrow?: If Yes, the indicator will draw UP/DOWN arrows on the bar chart as a BUY/SELL signal pattern matches.
  • Buy Signal Pattern: A string of user defined BUY signal patterns (see above to find out how to define a pattern).
  • Sell Signal Pattern: A string of user defined SELL signal patterns (see above to find out how to define a pattern).
  • Sell Color: The color of sell arrow.
  • Buy Color: The color of buy arrow.
Bewertungen 3
Serhat Kanar
197
Serhat Kanar 2015.08.09 21:24 
 

realy a good indicator. its just top for that price its 80% accurate!

Robert Edison
815
Robert Edison 2014.06.18 00:23 
 

Great indicator. Shows precisely when the market is not trending and when the market is showing signs of waking up. I've combined it with the T3MA indicator for even better entries.

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Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
Stratos Pali
Michela Russo
5 (1)
Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! D
Entry Arrow Alerts: Finds market entry opportunities then notifies you via mobile or desktop alerts The key features include: Conservative mode . One entry signal per direction. Ideal for the patient trader looking to capture longer term moves. Aggressive mode . Multiple possible entry signals per direction. Ideal for the active trader looking to capture multiple moves within the same trend. Trigger Line . Price entry line helps cut down on false signals. Display Window . Allows you to instantly
Werden Sie Breaker Trader und profitieren Sie von Änderungen der Marktstruktur, wenn sich der Preis umkehrt. Der Order Block Breaker Indikator zeigt an, wann sich eine Trend- oder Preisbewegung der Erschöpfung nähert und bereit ist, sich umzukehren. Es weist Sie auf Änderungen in der Marktstruktur hin, die normalerweise auftreten, wenn eine Umkehrung oder ein größerer Rückzug bevorsteht. Der Indikator verwendet eine proprietäre Berechnung, die Ausbrüche und Preisdynamik identifiziert. Jedes
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
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Supply and Demand Dashboard PRO
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4.8 (20)
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Alexandr Lapin
5 (5)
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Trend Pulse
Mohamed Hassan
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Promotion   for   24 hours only   with a   40%   discount on the original price!  Please contact me after purchase to immediately get your PDF strategy + documentation for Trend Pulse !  Introducing Trend Pulse , a unique and robust indicator capable of detecting bullish, bearish, and even ranging trends! Trend Pulse uses a special algorithm to filter out market noise with real precision. If the current symbol is moving sideways, Trend Pulse will send you a ranging signal, letting you kno
Zunächst einmal ist es wichtig zu betonen, dass dieses Handelstool ein Nicht-Repaint-, Nicht-Redraw- und Nicht-Verzögerungsindikator ist, was es ideal für professionelles Trading macht. Online-Kurs, Benutzerhandbuch und Demo. Der Smart Price Action Concepts Indikator ist ein sehr leistungsstarkes Werkzeug sowohl für neue als auch erfahrene Händler. Er vereint mehr als 20 nützliche Indikatoren in einem und kombiniert fortgeschrittene Handelsideen wie die Analyse des Inner Circle Traders und Stra
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RFX5 Bull Bear Powers   indicator shows the absolute power of bulls and bears controlling the market. Both powers are shown simultaneously with red and green colors for bear and bull powers respectively. When red line goes over the green line it means that bears are controlling the market. When green line goes over the red line it means that bulls are controlling the market. The green/red horizontal symbol line at the bottom of the indicators shows which party has more strength. Time Frame:   M3
Auswahl:
Serhat Kanar
197
Serhat Kanar 2015.08.09 21:24 
 

realy a good indicator. its just top for that price its 80% accurate!

Robert Edison
815
Robert Edison 2014.06.18 00:23 
 

Great indicator. Shows precisely when the market is not trending and when the market is showing signs of waking up. I've combined it with the T3MA indicator for even better entries.

tradesafenow
1202
tradesafenow 2014.05.29 13:18 
 

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Antwort auf eine Rezension
Version 1.64 2020.04.03
- Add applied price {Close, Open, High, Low} to the input settings
Version 1.63 2020.03.23
- improves performance
Version 1.62 2018.10.26
- A bug in sending emails, phone notifications and alerts fixed.
Version 1.61 2017.03.29
- Performance improved.
- New patterns added.
Version 1.60 2015.07.23
- Email and Mobile notifications added.
Version 1.50 2015.07.22
- The alert message now includes the symbol and time frame.
Version 1.40 2014.07.30
- Shows BUY/SELL signal notifications (alarms).
- Draws BUY/SELL signal arrows on the bar chart.
- The user can define the BUY/SELL signal patterns.
- Comes with a new set of input parameters.
Version 1.2 2014.06.13
- Minor improvements in the algorithm.
- Changing the short name of the indicator.
- A new set of optimized input parameters.