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Naked Forex Kangaroo Tail Indicator for MT4

5

Naked Forex Kangaroo Tail Indicator for MT4

Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The Kangaroo Tail is a multi-bar pattern.
The Kangaroo Tail pattern is very effective and is very simple to trade.
The strategy that comes with the Kangaroo Tail is based on price action.
The indicator does what it was designed for: displaying Kangaroo Tail patterns.  Don't expect to follow the up and down arrows and make money. Trading is not that simple. The Kangaroo Tail pattern is a starting point. The arrow is not a confirmed BUY and SELL signal in itself. The Kangaroo Tail indicator alerts you that  the market might be at a turning point now. Then you must use other elements of your strategy (trend, momentum, support/resistance, volatility, daily bias, and other indicators) to confirm the signal and place a trade.

Inputs of the indicator are:

  • Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol
  • MaxBars: number of bars back used to calculate the indicator
  • TradeDirection (Long/Short/LongAndShort): filter signals for BUY and SELL
  • CandleSize: filter signals depending on the size of candle (0.5 to 1.5 recommended range of values)
  • UsePreAlerts (true/false): to enable pre-alerts
  • PreAlertsSeconds (30): time in seconds before the close of the candle when pre-alerts will be activated (pre-alerts can disappear)
  • UseConfirmedSignals (true/false): generate alerts for confirmed signals (at the close of the bar). It is required to set this value to true if you want to receive confirmed signals alerts.
  • PopAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlerts (true/false): to enable alerts of type Push Notification
  • SoundAlerts (true/false): to enable alerts of type Sound
  • SoundFile: file to be used for sound alerts

Trading rules:

  • For BUY: wait for a bullish Kangaroo Tail to print on a support zone after a down trend. Wait for price to break high of the Kangaroo Tail candle (5 pips above the high for H1 and higher time frames). Immediately enter in the trade once high is broken. You also can use a BUY STOP order placed 5 pips above the high of the candle (plus spread). Stop Loss should be placed below the low of the Kangaroo Tail candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.
  • For SELL: wait for a bearish Kangaroo Tail to print on resistance zone after an up trend. Wait for price to break the low of the Kangaroo Tail candle (5 pips below the low for H1 and higher time frames). Immediately enter in the trade once low is broken. You also can use a SELL STOP order place 5 pips below the low of the candle. Stop Loss should be placed above the high of the Kangaroo Tail candle. If order is not triggered in the next candle then trade is invalidated and should be canceled.

The Kangaroo Tail indicator can be used with any time frame.
The Kangaroo Tail indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.

Bewertungen 2
AlbanGAUTHE
19
AlbanGAUTHE 2023.01.18 15:21 
 

Simple but effective indicator. I like it. Would recommend it to other traders. Not all signals are good but with some simple trend filters I was able to achieve great results.

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Gann Signal is a very simple indicator at first glance, but hidden inside is many years of experience in studying W.D.Ganna methods. The indicator gives accurate BUY/SELL signals, without redrawing. The indicator is very easy to use. All you need to do is attach it to your chart and follow its recommendations. The indicator constantly analyzes the market for entry opportunities. When such an opportunity appears, the indicator gives a signal in the form of an arrow. I repeat, all signals are NOT
Präsentation des Miraculous Forex Indikators: Entfesseln Sie die Kraft präzisen Tradings Sind Sie es leid, nach dem besten Forex-Indikator zu suchen, der wirklich herausragende Ergebnisse in allen Zeitebenen liefert? Suchen Sie nicht weiter! Der Miraculous Forex Indikator ist da, um Ihre Trading-Erfahrung zu revolutionieren und Ihre Gewinne auf neue Höhen zu bringen. Basierend auf modernster Technologie und jahrelanger sorgfältiger Entwicklung steht der Miraculous Forex Indikator als Höhepunkt v
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Abdullah Alrai
4.9 (10)
Bei diesem Indikator handelt es sich um eine Marktanalysemethode, die auf dem Artikel "Mathematische Formel für Marktprognosen" von W.D. Gann basiert, der auf Quadrat-von-Neun- und Quadrat-von-44-Methoden basiert. Benutzerhandbuch: Add Your review And contact us to get it Sie können die vollständige MT5-Version kaufen von: https://www.mql5.com/en/market/product/28669 Sie können auf MT4 kostenlos testen: https://www.mql5.com/en/market/product/15320?source=Site +Profile+Seller#!tab=re
Dragon Multi Indicator MT4
Mansour Babasafary
5 (4)
3 Indicators in 1 indicator Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This indicator is basically 3 different indicatos . But we have combined these 3 indicators in 1 indicator so that you can use 3 indicators at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : No repaintin
Supply and Demand Dashboard PRO
Bernhard Schweigert
4.82 (22)
Derzeit 20% reduziert! Dieses Dashboard ist eine sehr leistungsfähige Software, die mit mehreren Symbolen und bis zu 9 Zeitrahmen arbeitet. Es basiert auf unserem Hauptindikator (Beste Bewertungen: Advanced Supply Demand ).   Das Dashboard gibt einen guten Überblick. Es zeigt: Gefilterte Angebots- und Nachfragewerte einschließlich der Zonenstärkebewertung, Pips-Abstände zu/und innerhalb von Zonen, Es hebt verschachtelte Zonen hervor, Es gibt 4 Arten von Alarmen für die gewählten Symbole in
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
Max Paynex
Abdulkarim Karazon
Max Payne ist ein Umkehr-/Trendsignalindikator, der Signale in Form eines Pfeils ausgibt. Dieser Indikator gibt sein Signal beim Schließen desselben Balkens aus. Dieser Indikator kann mehrmals mit unterschiedlichen Perioden auf dem Chart fallen, um eine doppelte/dreifache Bestätigung der Signale zu erhalten Der Indikator ist hochgradig anpassbar, um sich an jeden Handelsstil anzupassen, während er niemals neu lackiert oder rücklackiert wird. Sie erhalten nach dem Kauf das gesamte System, das in
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Auswahl:
AlbanGAUTHE
19
AlbanGAUTHE 2023.01.18 15:21 
 

Simple but effective indicator. I like it. Would recommend it to other traders. Not all signals are good but with some simple trend filters I was able to achieve great results.

Anyelina Diaz
25
Anyelina Diaz 2022.04.28 03:25 
 

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Version 2.50 2023.07.02
New compilation
Version 2.42 2023.01.18
Technical update - no change in the features