• Overview
  • Reviews
  • Comments (6)
  • What's new

PZ Stretch

The Stretch is a Toby Crabelprice pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as two lines.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

Who is Toby Crabel?

Toby Crabel is a self-made millionaire commodities trader who has avoided having a losing year from 1991 to 2002. Among other achievements, he wrote a great trading book entitled Day Trading with Short-term Price Patterns. Reading this book is highly recommended, before trading using this indicator.


The Opening Range Breakout (ORB) Trading Strategy

Using this strategy, the trader places a buy stop just above the open price plus the Stretch and a sell stop just below the open price minus the Stretch. The first stop triggered enters the trader into the trade and the other stop becomes the protective stop.

Crabel's research shows that the earlier in the trading session the entry stop is hit, the more likely the trade will be profitable at the close. A market movement that kicks off a trend quickly in the current trading session could add significant profit to a trader's position by the close and should be considered for a multi-day trade.

Extending Crabel's research results it is obvious that as time passes and we are not filled early on, then the risk increases and it becomes prudent to reduce the size of the position during the day. Trades filled towards the end of the day carry the most risk and the later in the day the trade is filled, the less likely the trader will want to carry that trade overnight.


Opening Range Breakout Preference (ORBP) Trading Strategy

An ORBP trade is a one sided Opening Range Breakout (ORB) trade. If other technical indicators show a strong trend in one direction, then the trader will exercise a preference for the direction in which to trade the ORB trade. A stop to open a position would be placed on the side of the trend only and if filled a protective stop would then be placed.

The calculation of where to place the "stop to open" would be the same as that for the ORB trade: For longs, the Open price plus the Stretch and for shorts the Open price minus the Stretch.


Parameters

The only functional parameters of the indicator are the following.

  • Strech Timeframe: The timeframe from which to calculate the stretch (the default is D1).
  • Strech Period: The period for the SMA used to calculate the stretch (the default is 10).
  • Moving Average Period: The period used to calculate the average stretch.
  • Max. History Bars: Amount of past bars to evaluate. Decrease it to speed up the indicator.


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Recommended products
Owl smart levels
Sergey Ermolov
4.34 (35)
Indicators
MT5 version  |  FAQ The Owl Smart Levels Indicator  is a complete trading system within the one indicator that includes such popular market analysis tools as  Bill Williams' advanced fractals , Valable ZigZag which builds  the correct wave structure  of the market, and  Fibonacci levels  which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private
Trend PA
Mikhail Nazarenko
5 (3)
Indicators
The Trend PA indicator uses   Price Action   and its own filtering algorithm to determine the trend. This approach helps to accurately determine entry points and the current trend on any timeframe. The indicator uses its own algorithm for analyzing price changes and Price Action. Which gives you the advantage of recognizing, without delay, a new nascent trend with fewer false positives. Trend filtering conditions can be selected in the settings individually for your trading style. The indicator
Trendiness Index
Libertas LLC
5 (3)
Indicators
"The trend is your friend" is one of the best known sayings in investing, because capturing large trendy price movements can be extremely profitable. However, trading with the trend is often easier said than done, because many indicators are based on price reversals not trends. These aren't very effective at identifying trendy periods, or predicting whether trends will continue. We developed the Trendiness Index to help address this problem by indicating the strength and direction of price trend
Day Pattern
Oleksandr Martsynyshen
Indicators
Description: - D ay Pattern - an indicator that helps to identify patterns of price changes for the development of trading algorithms and strategies. For whom this tool? - For developers of trading strategies and algorithms. - Medium- and long-term traders. Time frames H1-W1. Features of the indicator: - There is a function of exporting indicator values to a file of the csv format. - Using the information panel, you can conduct an express analysis of trading tool. - The indicat
Alpha Trend Mt4 Signs
Guang Jun Huang
Indicators
Alpha Trend sign has been a very popular trading tool in our company for a long time. It can verify our trading system and clearly indicate trading signals, and the signals will not drift. Main functions: Based on the market display of active areas, indicators can be used to intuitively determine whether the current market trend belongs to a trend market or a volatile market. And enter the market according to the indicator arrows, with green arrows indicating buy and red arrows indicating
Magic Grid
Aliaksandr Charkes
4.46 (24)
Experts
Magic Grid is an indicator-free advisor that uses a grid strategy. The strategy is based on automatic reopening of grid pending orders, after closing their market positions (by Take-Profit, Stop-Loss or manually). Pending orders are placed with a specified step from the initial prices, which can be entered manually or generated automatically ( one time at the beginning of the trade ). The robot can trade on any time frame, on any currency pair, on several currency pairs, and on any number of di
FREE
Trend Scanner
Vladimir Kalendzhyan
4.33 (6)
Indicators
By purchasing this indicator, you have the right to receive a free copy of one of   my other indicator's or advisor’s!  (All future updates are included. No limits) . To get it , please contact me by  mql5 message ! The Trend Scanner trend line indicator displays the trend direction and its changes. The indicator works on all currency pairs and  timeframes. The indicator simultaneously displays multiple readings on the price chart: the support and resistance lines of the currency pair, the exist
Adjustable Fractals mr
DMITRII GRIDASOV
Indicators
"Adjustable Fractals" - is an advanced version of fractal indicator, very useful trading tool! As we know   Standard fractals mt4 indicator does not have settings at all   - this is very inconvenient for traders Adjustable Fractals has resolved that issue - it has all necessary settings: Adjustable period   of indicator (recommended values - above 7) Adjustable distance   from Highs/Lows of price Adjustable design   af fractal arrows // More great Expert Advisors and Indicators are available he
History Pattern Search
Yevhenii Levchenko
Indicators
The indicator builds current quotes, which can be compared with historical ones and on this basis make a price movement forecast. The indicator has a text field for quick navigation to the desired date. Options: Symbol - selection of the symbol that the indicator will display; SymbolPeriod - selection of the period from which the indicator will take data; IndicatorColor - indicator color; Inverse - true reverses quotes, false - original view; Next are the settings of the te
Jet Punch
Didit Haryadi Saputra
Experts
Jet Punch is another best expert advisor for MT4,  can help you make money while you sleep by automatically entering and exiting trades. It trades by opening trades every day and closing them at the right time to ensure you always earn a profit. The software is very simple and can be used by both beginner and experienced traders.  Jet Punch was tested and has successfully passed the stress test with slippage and commission approximate to the real market condition. Recommendations: Currency pair
Trend Ray
Andriy Sydoruk
Indicators
The indicator shows the potential trend direction by cyclical-wave dependence. Thus, all the rays of the intersection will be optimal rays, in the direction of which the price is expected to move, taking into account the indicator period. Rays can be used as a direction for potential market movement. But we must not forget that the approach must be comprehensive, the indicator signals require additional information to enter the market.
Gold Phoenix
Yaroslav Varankin
Indicators
The perfect tool for Scalng in the Forex markets You can trade both from signal to signal and using take profit  The algorithm does not use Zigzag!  No redrawing!  This is a channel instrument that uses a moving average as a filter. Moving Average  There are 2 parameters for the settings Ma Period = 5 period Moving Average  Channel 1.0 distance of channel lines from the chart Price Signal Filter - calculation of signal opening and filter There is a complete set of Alert There is a multi-timefram
Chart Patterns Analyser
Sami Chebbi
5 (2)
Indicators
Chart Patterns Detect 15 patterns (Ascending Triangle, Descending Triangle, Rising Wedge, Falling Wedge, Bullish Flag, Bearish Flag, Bullish Rectangle, Bearish Rectangle Symmetrical triangle, Head and Shoulders, Inverted Head and Shoulders, Triple top, Triple Bottom, Double Top, Double Bottom) Use historical data to calculate the probability of each pattern to succeed (possibility to filter notification according to the chance of success) gives graphic indication about the invalidation level and
Before
Nadiya Mirosh
Indicators
The Before indicator predicts the most likely short-term price movement based on complex mathematical calculations. Most of the standard indicators commonly used in trading strategies are based on fairly simple calculations. This does not mean that there were no outstanding mathematicians in the world at the time of their creation. It is just that computers did not yet exist in those days, or their power was not enough for the sequential implementation of complex mathematical operations. Nowa
Distinctive
Tatiana Savkevych
Indicators
Distinctive is a forex trending arrow indicator for identifying potential entry points. I like it, first of all, because it has a simple mechanism of work, adaptation to all time periods and trading tactics. Created on the basis of a regression channel with filters. Plotting the Lawrence indicator signals on a price function chart using a mathematical approach. How it works - when the price breaks out in the overbought / oversold zone (channel levels), a buy or sell signal is generated. Every
Gyroscopes
Nadiya Mirosh
Experts
Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mo
GMMA Trade X
Yu Xin Pu
Experts
GMMA Trade X is an EA based on GMMA. GMMA parameters such as MovingAveragePeriod1-24, MovingAverageMAShift1-24, MovingAverageShift1-24 and CandlestickShift1-24 can be adjusted. GMMA Trade X applies BTN TECHNOLOGY's state-of-the-art intelligent technology to help you create optimal results for your trades. May your dreams come true through GMMA Trade X. Good luck. = == == Inquiries = == == E-Mail:support@btntechfx.com
Super Reversal Pattern
Parfait Mujinga Ndalika
Indicators
Super Reversal Pattern Indicator Unlock the power of advanced pattern recognition with our Super Reversal Pattern Indicator. Designed for traders seeking precision and reliability, this indicator identifies one of the most effective reversal patterns in technical analysis, offering a significant edge in your trading strategy. Key Features: Non-Repainting Accuracy: Enjoy the confidence of non-repainting technology. Once a Super Reversal Pattern is detected, it remains static, providing consis
Harmonic 3Drives
Sergey Deev
Indicators
The indicator detects and displays 3 Drives harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is com
Infinity Trend Pro
Yaroslav Varankin
1 (1)
Indicators
This is a trend indicator without redrawing Developed instead of the binary options strategy (by the color of the Martingale candlestick) Also works well in forex trading When to open trades (binary options) A signal will appear in the place with a candle signaling the current candle It is recommended to open a deal for one candle of the current timeframe M1 and M5 When a blue dot appears, open a deal up When a red dot appears, open a trade down. How to open trades on Forex. When a signal is rec
ForexXcelerator
Andrey Kozak
Experts
The robot uses the trading strategy of breaking the lines of the Bollinger Bands indicator. The essence of this strategy lies in the constant analysis of the indicator lines and the search for the most effective breakout points for its lines. When the price breaks through the indicator line in one of the directions, the robot opens a trade in that direction and starts to follow it. But the robot does not open trades every time the indicator lines are broken, but only in those places where it co
PipFinite EA Breakout EDGE
Karlo Wilson Vendiola
5 (4)
Experts
The Official Automated Version of the Reliable Indicator PipFinite Breakout EDGE EA Breakout EDGE takes the signal of PipFinite Breakout EDGE indicator and manages the trade for you. Because of numerous financial instruments to consider, many traders want the signals to be fully automated. The EA will make sure all your trades are executed from entry to exit. Saving you time and effort while maximizing your profits. The Edge of Automation Effortless price action trading is now possible
Laser Trend
Nicolas Zouein
Indicators
The trend is your friend! This is what this indicator is all about. Follow this famous saying and be safe. Characteristics: Buy/Sell signals fixed on the close of a bar. Works on all symbols and all timeframes. Clear visual market trend laser line, Buy/Sell signal arrows, market strength meter, TP1 & TP2 boxes. Visual signals when to enter, when to exit the market. No repainting. Compatible with Flexible EA for trading automation. (Ask for a free set file optimized to perform 2010-2018) Para
Royal Dutch Skunk
Sayan Vandenhout
Experts
ROYAL DUTCH SKUNK USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT. AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES. IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT. USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 6 great strategies The EA can be run on even a $20000
Albatross ver4
Yvan Musatov
5 (1)
Experts
Professional trading robot   Albatross : Your reliable assistant in the Forex market Albatross is an innovative trading robot designed to analyze the market using a specialized algorithm. This expert uses advanced methods to assess the strength and amplitude of price movements, which allows it to accurately predict trend reversals and make optimal trading decisions. Benefits of using Albatross Unique analysis algorithm: Albatross analyzes market data for a certain period of time, assessing th
MACD Divergence
Sergey Deev
2.5 (2)
Indicators
The indicator detects divergence signals - the divergences between the price peaks and the MACD oscillator values. The signals are displayed as arrows in the additional window and are maintained by the messages in a pop-up window, e-mails and push-notifications. The conditions which formed the signal are displayed by lines on the chart and in the indicator window. Indicator Parameters MacdFast - fast MACD line period MacdSlow - slow MACD line period MacdSignal - MACD signal line period MacdPri
GJ Options
Sayan Vandenhout
Experts
GJ OPTIONS USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT. AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES. IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT. USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 5 great strategies The EA can be run on even a $20000 account
Candle Countdown With Alerts
Georgiy Gazaryan
Indicators
We present you the indicator "Candle closing counter", which will become your indispensable assistant in the world of trading. That’s why knowing when the candle will close can help: If you like to trade using candle patterns, you will know when the candle will be closed. This indicator will allow you to check if a known pattern has formed and if there is a possibility of trading. The indicator will help you to prepare for market opening and market closure. You can set a timer to create a p
ShinZuka
Muhammad Asyraf Bin Mohamad
Experts
Using MACD value for direction. Using RSI as reversal indicator. Using open trading hour. (Recommend Hour 10,11,15 & 19 : MT4-Time) Counter trade if signal failed. Cutloss trade if signal failed. Auto lot calculate based on target profit & takeprofit. Able to set counter trade value. Suitable for commodities & currency.  Timeframe H1. Able to set limit lot open. Able to select day to trade.
Support Resistance Levels mt
DMITRII GRIDASOV
Indicators
Forex Indicator "Support Resistance Levels" for MT4 Indicator " Support Resistance Levels" is very useful auxiliary indicator for trading 'Support' and 'Resistance' are important zones on chart respected by price Support level is where the price regularly stops falling and bounces back up Resistance level is where the price normally stops rising and dips back down I ndicator " Support Resistance Levels" shows the recent levels: Resistance  levels - red lines.  S upport  levels - blue lines
Buyers of this product also purchase
Gann Made Easy
Oleg Rodin
4.83 (92)
Indicators
Gann Made Easy is a professional and easy to use Forex trading system which is based on the best principles of trading using the theory of W.D. Gann. The indicator provides accurate BUY and SELL signals including Stop Loss and Take Profit levels. You can trade even on the go using PUSH notifications. PLEASE CONTACT ME AFTER PURCHASE TO GET MY TRADING TIPS PLUS A GREAT BONUS! Probably you already heard about the Gann trading methods before. Usually the Gann theory is a very complex thing not only
Breakout and Retest Scanner MT4
Elif Kaya
5 (26)
Indicators
- Real price is 80$ - 40% Discount ( It is 49$ now ) Contact me for instruction, add group and any questions! Related Products:  Bitcoin Expert , Gold Expert Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends w
Bull versus Bear
Mohamed Hassan
4.8 (5)
Indicators
Official Release price of $65 for the first 27 /3 0  copies (3 copies left). Next price is $120 !  Send us a message after your purchase to receive more information on how to get your  BONUS  for FREE  that works in great combination with Bull vs Bear ! Bull versus Bear is an easy-to-use Forex indicator that gives traders clear and accurate signals based on clear trend retests . Forget about lagging indicators or staring at charts for hours because  Bull vs Bear provides real-time entries w
Atomic Analyst
Issam Kassas
5 (2)
Indicators
First of all Its worth emphasizing here that this Trading Indicator is   Non-Repainting , Non Redrawing and Non Lagging Indicator   Indicator, Which makes it ideal from both manual and robot trading.  User manual: settings, inputs and strategy . The Atomic Analyst  is a PA Price Action Indicator that uses Strength and Momentum of the price to find a better edge in the market. Equipped with Advanced filters which help remove noises and false signals, and Increase Trading Potential. Using Multipl
FX Volume
Daniel Stein
4.58 (33)
Indicators
Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solut
TPSpro RFI Levels
Roman Podpora
4.82 (22)
Indicators
A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. INSTRUCTIONS    RUS    -    ENG            R ecommended to use with an indicator   -   TPSpro  TREND PRO -  Version MT5 Main functions: Displaying active zones for sellers and buyers! The indicator show
Dynamic Forex28 Navigator
Bernhard Schweigert
5 (2)
Indicators
Dynamic Forex28 Navigator - The Next Generation Forex Trading Tool CURRENTLY 49% OFF. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator   https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved
Scalper Inside PRO
Alexey Minkov
4.73 (56)
Indicators
An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate their statistics and profitability. Scalper Inside
FX Power MT4 NG
Daniel Stein
5 (13)
Indicators
Trading GOLD, and currencies, with the dog walk strategy  - super smart Trading GOLD, and currencies, with the breakout strategy  - super easy Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Power MT4 NG  is the next generation of our long-time very popular currency strength meter, FX Power.  And what does this next-generation strength meter offer? Everything you have loved about the original FX Power  PLUS GOLD/XAU stre
TPSproTREND PrO
Roman Podpora
4.79 (19)
Indicators
TPSpro TRENDPRO  - is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes, as well as giving signals for entering trades without redrawing! The indicator uses each candle, analyzing them separately. referring to different impulses - up or down impulse. Exact entry points into transactions for currencies, crypto, metals, stocks, indices!  Version MT5             DETAILED DESCRIPTION              R ecommended to use with an indi
FX Levels MT4
Daniel Stein
Indicators
FX Levels is an exceptionally accurate support and resistance indicator that merges the traditional Lighthouse method with an innovative dynamic approach, functioning flawlessly across all trading symbols. This includes currency pairs, indices, stocks, or commodities. FX Levels identifies reversal points and displays them on the chart, which can be ideally utilized as profit targets in your trading activities. In developing FX Levels, we have used our extensive experience with brokers and the v
Stochastic Basket Currency Strenght
Dario Pedruzzi
Indicators
The Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indicator
Trend Screener
STE S.S.COMPANY
4.81 (88)
Indicators
Unlock the Power of Trends Trading with the Trend Screener Indicator: Your Ultimate Trend Trading Solution powered by Fuzzy Logic and Multi-Currencies System! Elevate your trading game with the Trend Screener, the revolutionary trend indicator designed to transform your Metatrader into a powerful Trend Analyzer. This comprehensive tool leverages fuzzy logic and integrates over 13 premium features and three trading strategies, offering unmatched precision and versatility. LIMITED TIME OFFER : Sup
Trend Punch
Mohamed Hassan
4.95 (20)
Indicators
Halloween Promotion for 24 hours only with a 40% discount on the original price!  $̶5̶9̶  $35 ONLY!  This indicator is unstoppable when combined with our other indicator called  Support & Resistance . After purchase, send us a message and you will get it   for  FREE as a BONUS! Introducing Trend Punch , the revolutionary forex trend indicator that will transform the way you trade! Trend Punch is uniquely designed to provide precise buy and sell arrows during strong market trends, making
ON Trade Waves Patterns Harmonic Elliot Wolfe
Abdullah Alrai
5 (2)
Indicators
Introducing ON Trade Waves Patterns Harmonic Elliot Wolfe, an advanced indicator designed to detect various market patterns using both manual and automated methods. Here's how it works: Harmonic Patterns: This indicator can identify harmonic patterns that appear on your chart. These patterns are essential for traders practicing harmonic trading theory, as popularized by Scott Carney's book "Harmonic Trading vol 1&2." Whether you draw them manually or rely on automated detection, ON Trade Waves
Basic Harmonic Patterns Dashboard
Mehran Sepah Mansoor
5 (2)
Indicators
This dashboard shows the latest available harmonic patterns for the selected symbols, so you will save time and be more efficient / MT5 version . Free Indicator:   Basic Harmonic Pattern Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Functionality Detects and displays harmonic patterns on a single chart Searches multiple symbols and timeframes for harmonic patterns, displays result
Market Reversal Alerts
LEE SAMSON
4.19 (113)
Indicators
LIMITED TIME SALE - 30% OFF, WAS $49, NOW $35! Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a possible exhaust
Stratos Pali
Michela Russo
5 (1)
Indicators
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
Apollo Pips PLUS SP
Oleg Rodin
5 (4)
Indicators
PLEASE READ THE INFO DOWN BELOW BEFORE PURCHASING THE PRODUCT! Apollo Pips PLUS SP is a unique product!  IT IS FOR THOSE WHO WANT TO GET MY NEW "APOLLO PIPS" INDICATOR PLUS "SUPER PACK" BONUS WITH ACCESS TO ALL MY TRADING INDICATORS! By purchasing the Apollo Pips PLUS SP product you're actually purchasing an absolutely new version of my Apollo Pips indicator. This version of the indicator has got an improved algorithm and an easy to use parameter which gives you the opportunity to use the indica
Gold Channel XAUUSD
Paulo Rocha
5 (4)
Indicators
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
Trend Pulse
Mohamed Hassan
5 (4)
Indicators
Halloween Promotion   for   24 hours only   with a   40%   discount on the original price!  $̶6̶5̶  $39 ONLY!  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
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
Indicators
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
ACB Breakout Arrows
KEENBASE SOFTWARE SOLUTIONS
4.15 (34)
Indicators
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move.  Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT4 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the brea
Scalper Vault
Oleg Rodin
5 (27)
Indicators
Scalper Vault is a professional scalping system which provides you with everything you need for successful scalping. This indicator is a complete trading system which can be used by forex and binary options traders. The recommended time frame is M5. The system provides you with accurate arrow signals in the direction of the trend. It also provides you with top and bottom signals and Gann market levels. The indicator provides all types of alerts including PUSH notifications. PLEASE CONTACT ME AFT
Advanced Currency Strength28 Indicator
Bernhard Schweigert
4.9 (652)
Indicators
CURRENTLY 26% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthle
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
4.78 (96)
Indicators
Currently 20% OFF ! Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the e
Support Resistance Propulsion Targets
LEE SAMSON
5 (5)
Indicators
LIMITED TIME SALE - 30% OFF, WAS $49, NOW $35! Automatically draw support and resistance levels PLUS propulsion candle gaps on your chart, so you can see where price is likely to head next and/or potentially reverse. This indicator is designed to be used as part of the position trading methodology taught on my website (The Market Structure Trader) and displays key information for targeting and potential entries. MT version available here:  https://www.mql5.com/en/market/product/97973 There are
Currency Strength Wizard
Oleg Rodin
4.93 (44)
Indicators
Currency Strength Wizard is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real str
Ultimate Gold Advisor For MT4
Nicola Capatti
Indicators
Ultimate Gold Advisor for MetaTrader 4 The Ultimate Gold Advisor is an advanced technological tool designed to optimize the trading experience on MetaTrader 4. Created to meet the needs of experienced traders, this indicator combines precision, sophisticated analysis, and versatile functionality, offering support for informed trading decisions. Ideal for gold trading but also applicable across a wide range of assets, the Ultimate Gold Advisor can help you improve your market strategies. What ma
Market Reversal Alerts Dashboard
LEE SAMSON
5 (8)
Indicators
LIMITED TIME SALE - 30% OFF, WAS $49, NOW $35! This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a dash to monitor
More from author
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Indicators
Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $135! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
PZ Candlestick Patterns MT5
PZ TRADING SLU
Indicators
Identify over 30 candlestick patterns with precision Special Offer: Purchase now to receive free bonuses worth $60! (Read more for details) This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade
PZ Goldfinch Scalper EA MT5
PZ TRADING SLU
Experts
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Indicators
Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $90! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd
PZ Swing Trading
PZ TRADING SLU
5 (3)
Indicators
Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $135! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
PZ Turtle Trading EA MT5
PZ TRADING SLU
2 (4)
Experts
This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
PZ Lopez Trend MT5
PZ TRADING SLU
Indicators
Noise filtering: the key to mastering trends Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details) This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situatio
PZ Inside Bars
PZ TRADING SLU
Indicators
Enhance your price action strategy: inside bar breakouts at your fingertips This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/
PZ Harmonacci Patterns MT5
PZ TRADING SLU
3 (5)
Indicators
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up
PZ Support Resistance MT5
PZ TRADING SLU
4.17 (6)
Indicators
Unlock key market insights with automated support and resistance lines Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details) Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and ev
PZ Day Trading MT5
PZ TRADING SLU
2.83 (6)
Indicators
Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $60! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd
PZ Trend Trading
PZ TRADING SLU
4.8 (5)
Indicators
Capture every opportunity: your go-to indicator for profitable trend trading Special Offer: Purchase now to receive free bonuses worth $109! (Read more for details) Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial
PZ Trend Trading MT5
PZ TRADING SLU
3.67 (3)
Indicators
Capture every opportunity: your go-to indicator for profitable trend trading Special Offer: Purchase now to receive free bonuses worth $109! (Read more for details) Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial
PZ Wolfe Waves MT5
PZ TRADING SLU
Indicators
Precision trading: leverage wolfe waves for accurate signals Special Offer: Purchase now to receive free bonuses worth $109! (Read more for details) Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide
PZ Candlestick Patterns
PZ TRADING SLU
Indicators
Identify over 30 candlestick patterns with precision Special Offer: Purchase now to receive free bonuses worth $60! (Read more for details) This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade r
PZ Supply Demand MT5
PZ TRADING SLU
Indicators
Stay ahead of the market: predict buying and selling pressure with ease This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies
PZ Goldfinch Scalper EA
PZ TRADING SLU
1 (4)
Experts
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
PZ Market Depth
PZ TRADING SLU
Indicators
Do you like scalping? Th is indicator displays information about the latest price quotes received from the broker. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Identify tick trends easily A blue row means the price has increased A red row means the price has decreased Customizable colors and font sizes Display your desired amount of rows The indicator is non-repainting Parameters Rows: amount of rows with data to display in the chart Font size: font size of th
PZ Turtle Trading EA
PZ TRADING SLU
Experts
This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
PZ Support Resistance
PZ TRADING SLU
3.33 (3)
Indicators
Unlock key market insights with automated support and resistance lines Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details) Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and ev
PZ Wolfe Waves
PZ TRADING SLU
1 (1)
Indicators
Precision trading: leverage wolfe waves for accurate signals Special Offer: Purchase now to receive free bonuses worth $109! (Read more for details) Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide
PZ Harmonacci Patterns
PZ TRADING SLU
3.17 (6)
Indicators
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Upda
PZ Oscillator
PZ TRADING SLU
Indicators
This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t
PZ Turtle Trading
PZ TRADING SLU
5 (3)
Indicators
The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Prod
PZ Binary Options
PZ TRADING SLU
Indicators
This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents
PZ Lopez Impulse
PZ TRADING SLU
Indicators
Transform your trading approach with reliable bullish and bearish patterns This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue histogram represents the bullish impulse The red histogram represents the bearish impulse The
PZ Market Sentiment
PZ TRADING SLU
Indicators
This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction of the market T
PZ Absolute Gains
PZ TRADING SLU
Indicators
This indicator calculates how much has an instrument won or lost in percentage terms on each bar displayed in the chart. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Identify market patterns Find decisive price movements Be suspicious about overbought/oversold situations It is an extremely easy to use indicator... The blue histogram represents winning bars The red histogram represents losing bars The gray line represents the average win/loss per bar Labels are
PZ ABCD Retracement
PZ TRADING SLU
4 (5)
Indicators
Identify precise entry and exit points with AB=CD patterns This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable AC and BD ratios Customizabl
PZ Supply Demand
PZ TRADING SLU
3 (2)
Indicators
Stay ahead of the market: predict buying and selling pressure with ease This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies
Filter:
No reviews
Reply to review
Version 2.0 2019.08.09
- Minor update