Scalp H

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

An ICT fair value gap is a trading concept that identifies market imbalances based on a three-candle sequence. The middle candle has a large body while the adjacent candles have upper and lower wicks that do not overlap with the middle candle. This formation suggests that there is an imbalance where buying and selling powers are not equal. Settings Minimum size of FVG (pips) -> FVGs less than the indicated pips will be not be drawn Show touched FVGs Normal FVG color -> color of FVG that hasn't

Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the

The market is unfair if only because 10% of participants manage 90% of funds. An ordinary trader has slim changes to stand against these "vultures". This problem can be solved. You just need to be among these 10%, learn to predict their intentions and move with them. Volume is the only preemptive factor that faultlessly works on any timeframe and symbol. First, the volume appears and is accumulated, and only then the price moves. The price moves from one volume to another. Areas of volume accumu

Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The indicator OrderBook Cumulative Indicator accumulates market book data online and visualizes them on the chart. In addition, the indicator can show the market

Gioteen Volatility Index (GVI) - your ultimate solution to overcoming market unpredictability and maximizing trading opportunities. This revolutionary indicator helps you in lowering your losing trades due to choppy market movements. The GVI is designed to measure market volatility, providing you with valuable insights to identify the most favorable trading prospects. Its intuitive interface consists of a dynamic red line representing the volatility index, accompanied by blue line that indicate

The WAPV Price and Volume Indicator for MT5 is part of the ( Wyckoff Academy Wave Market ) and (Wyckoff Academy Price and Volume) toolset. The WAPV Price and Volume Indicator for MT5 was created to make it easy to visualize the volume movement on the chart in an intuitive way. With it you can observe the moments of peak volume and moments when the market has no professional interest Identify moments when the market is moving by inertia and not by movement of "smart money". It consists of 4 color

Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings

Cumulative delta indicator As most traders believe, the price moves under the pressure of market buying or selling. When someone redeems an offer standing in the cup, the deal is a "buy". If someone pours into the bid standing in the cup - the deal goes with the direction of "sale". The delta is the difference between purchases and sales. A cumulative delta - the difference between the cumulative sum of purchases and sales for a certain period of time. It allows you to see who is currently contr

This indicator calculates the volume profile and places labels that correspond to the VAH, VAL and POC levels, for each candle individually. Indicator operation features The indicator works on the timeframes from M3 to MN, but it uses the history data of smaller periods: M1 - for periods from M3 to H1, M5 - for periods from H2 to H12, M30 - for the D1 period, H4 - for the W1 period, D1 - for the MN period. The color and location of the VAL, VAH and POC labels on the current candle are consider

Tick Chart — full-featured chart for MetaTrader 5. A utility for creating and working with a tick chart in the MetaTrader 5 terminal. You can create a tick chart that works exactly the same as a regular chart. You can apply indicators, Expert Advisors and scripts to the tick chart. You get a fully functional tick chart on which you can work just as well as on a regular chart. You can enable the output of the Ask price data. The data are generated in the form of the upper shadow of a tick bar. Fr

Each bar graph is a brick, take buy a bill now as an example, the brick that is in lowest position at the moment, go to the left, when the brick with the 3rd highest is in existence, take the height of this brick as a benchmark, when the price exceeds the height of this brick, can establish buy a bill, when appear opposite circumstance closes a position, establish empty order at the same time. This is a simple rule, need each friend grope by oneself.

Do you, like me, like to trade with the trend? Then this indicator will help you! Rainbow Trend is a trend indicator, which uses several Moving Averages on the chart. It measures different trend strenght zones for different periods: very long term, long term, mid term, short term and very short term. Each zone has its color, and it is possible to have sound alert when the prices leaves a zone and enters another. Its configuration is very simple. If you find any bug or have any suggestions, co

Was: $69  Now: $34   Blahtech VWAP - Volume Weighted Average Price (VWAP) is the ratio of price to total volume. It provides an average price over a specified time interval.  Links [  Install  |  Update  |  Documentation   ] Feature Highlights Configurable VWAP Line Sessions, intervals, anchored or continuous Previous day settlement line Standard Deviation bands Alerts at bar close or real time Automatic Broker or Tick volumes Significantly reduced CPU usage Input Parameters Expert Advisor

Introducing "X Marks the Spot" – Your Ultimate MetaTrader 5 Indicator for Perfect Trades! Are you tired of the guesswork in trading? Ready to take your MetaTrader 5 experience to a whole new level? Look no further – "X Marks the Spot" is here to revolutionize your trading strategy! What is "X Marks the Spot"? "X Marks the Spot" is not just another indicator – it's your personal trading compass that works seamlessly on all timeframes . Whether you're a beginner or an experienced trader,

Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde

Cryptocurrency Live Tick Data Bid and Ask and Book Depth for EA Available Exchange : 1. Binance Spot (Supports Order Book Depth on active chart window) realtime Tick Data and Futures (Supports multiple Order Book Depth ) realtime Tick Data 2. Kucoin Spot and Futures, Supports Order Book depth on active chart window 3. Bybit Futures and Inverse Futures Tick Data Bid Ask Last Upcoming Exchange : OKX, MEXC and more.. Features : 1. Live Tick Data with Bid and Ask info 2.  Best Bid ask and quantit

A indicator to show saturation in buying or selling With fast and complex mathematical calculations Easily find saturation points for buying or selling Can be used in all symbols and time frames with many signals Can be combined with different indicators and different time frames With simple settings and simple working methods Features: Can be used on all symbols Can be used in all time frames Can be used in all markets (Forex, stock, etc.) Large number of signals Same performance on all t

Symbol Manager or Grid Manager, designed to group orders into one position (by symbol and by direction). This utility will be useful to multi-currency traders, who can have multiple orders on several pairs. You will be able to see the total number of lots, the total profit, and set virtual stop loss and virtual take profit. To set a real TP (or SL), you must first set the virtual value, and then enter the command in this cell: "set". If you want to set real TP/SL for all orders at once, then en

Horizontal tick volumes (HTV) Horizontal tick volumes - an easy and convenient indicator of the horizontal market profile in a user-selected time interval, now also for MT5. It has fast dynamics of displaying horizontal tick volumes on the chart. Produces a visual image of strong trading levels by maximum peaks past volumes and trading direction by color (sell or buy), and also allows you to detect smaller trading levels by differentiating past volumes. In the "Optimal" mode, when displayed on c

Premium level is a unique indicator with more than 80% accuracy of correct predictions! This indicator has been tested for more than two months by the best Trading Specialists! The author's indicator you will not find anywhere else! From the screenshots you can see for yourself the accuracy of this tool! 1 is great for trading binary options with an expiration time of 1 candle. 2 works on all currency pairs, stocks, commodities, cryptocurrencies Instructions: As soon as the red ar

This indicator is a conventional analytical tool for tick volumes changes. It calculates tick volumes for buys and sells separately, and their delta on every bar, and displays volumes by price clusters (cells) within a specified bar (usually the latest one). The algorithm used internally is the same as in the indicator VolumeDeltaMT5 , but results are shown as cumulative volume delta bars (candlesticks). Analogous indicator for MetaTrader 4 exists - CumulativeDeltaBars . This is a limited substi

Utility for automatic order and risk management. Allows you to take the maximum from profits and limit your losses. Created by a practicing trader for traders. The utility is easy to use, works with any market orders opened manually by a trader or with the help of advisors. Can filter trades by magic number. The utility can work with any number of orders at the same time. Has the following functions: 1. Setting stop loss and take profit levels; 2. Closing trades by trailing stop level

FVG EA PRO   is a must-have smart money concept EA, highly customizable and using advanced techniques of FVG "Fair Value Gap" and market structure to capture high probability trades.  It is highly configurable,  you can build various strategies based on market structure and FVG as entry criteria. FVG EA PRO can be used to trade Kill Zones and Silver Bullet Windows. It is fully compatible with swing trade strategies. It contains all the functionalities  needed by any  successful traders to automa

Market Profile 3 MetaTrader 5 indicator  version 4.70— is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is als

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 markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind

This indicator can be considered as a trading system. It offers a different view to see the currency pair: full timeless indicator, can be used for manual trading or for automatized trading with some expert advisor. When the price reaches a threshold a new block is created according to the set mode. The indicator beside the Renko bars, shows also 3 moving averages. Features renko mode median renko custom median renko 3 moving averages wicks datetime indicator for each block custom notificatio

This indicator provides an original mix of WPR, VSA, and volume delta. It shows ratio of buy/sell volumes scaled on 100% range based on total volume change for a selected period. The convetional VSA (Volume Spread Analysis) studies interconnections of price action and volume change in absolute values, whereas WPR (Williams Percent Range) offers a convenient approach of price moves normalization into the fixed percentage metric: 0 - 100%. Hence overbough and oversold states are easily spotted. N

QM (Quasimodo) Pattern is based on Read The Market(RTM) concepts. The purpose of this model is to face the big players of the market (financial institutions and banks), As you know in financial markets, big traders try to fool small traders, but RTM prevent traders from getting trapped. This style is formed in terms of price candles and presented according to market supply and demand areas and no price oscillator is used in it. RTM concepts are very suitable for all kinds of investments, includi

MT4 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 User

It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions, trailing stop of 7 types and other useful functions. Attention, the application does not work in the strategy tester. Manual, Description, Download demo Line function -   shows on the chart the Opening line, Stop Loss, Take Profit. With this function it is easy to set a new order and see its additional characteristics before opening.   Risk management  - The risk

Do you think that in markets where the price can change in a split second, placing orders should be as simple as possible? In Metatrader, each time you want to open an order, you have to open a window where you enter the opening price, stop loss and take profit, as well as the trade size. In trading the financial markets, capital management is essential to maintain your initial deposit and multiply it. So, when you want to place an order, you probably wonder how big a trade you should open? Wha

Trade Panel is a multifunctional trading assistant. The application contains more than 50 functions for manual trading, and allows you to automate most trading actions. Before purchasing, you can test the Demo version on a demo account. Demo here . Full instructions here . Trade. Allows you to perform basic trading operations in one click: Opening pending orders and positions. Closing pending orders and positions. Reversal of positions (close BUY and open SELL or close SELL and open BUY). Lockin

Set price targets, and leave everything else to HINN Lazy Trader! This tool is designed for automatic position sizing from specified levels to designated targets. Using a VPS is recommended (*). The demo version   limited in functionality, be sure to watch this video before using -->  https://youtu.be/2NE8COr9-Bk  and this -->  https://youtu.be/Yv9gid3bMxE A community for users, product discussion, update news, and first line of support are organized in a free Discord: https://discord.gg/zFhEZc

Experience exceptionally fast trade copying with the   Local Trade Copier EA MT5 . With its easy 1-minute setup, this trade copier allows you to copy trades between multiple MetaTrader terminals on the same Windows computer or Windows VPS with lightning-fast copying speeds of under 0.5 seconds. Whether you're a beginner or a professional trader, the   Local Trade Copier EA MT5   offers a wide range of options to customize it to your specific needs. It's the ultimate solution for anyone looking t

The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal,  s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to s

Trade copier for MT5 is a trade copier for the МetaТrader 5 platform. It copies forex trades  between any accounts   MT5 - MT5, MT4 - MT5 for the COPYLOT MT5 version (or MT4 - MT4 MT5 - MT4 for the COPYLOT MT4 version)    Reliable copier!         MT4 version Full Description +DEMO +PDF   How To Buy    How To Install     How to get Log Files    How To Test and Optimize    All products from Expforex You can also copy trades in the МТ4 terminal (МТ4 - МТ4, МТ5 - МТ4):     COPYLOT CLIENT for

Trade Manager to help you quickly enter and exit trades while automatically calculating your risk. Including features to help prevent you from Over Trading, Revenge Trading and Emotional Trading. Trades can be managed automatically and the account performance metrics can be visualised in a graph. These features make this panel ideal for all manual traders and it helps to enhance the MetaTrader 5 platform. Multi Language support. MT4 Version  |  User Guide + Demo The Trade Manager does not work i

The MT5 to Telegram Signal Provider is an easy-to-use, fully customizable utility that enables the sending of signals to Telegram, transforming your account into a signal provider. The format of the messages is fully customizable! However, for simple usage, you can also opt for a predefined template and enable or disable specific parts of the message. [ Demo ] [ Manual ] [ MT4 Version ] [ Discord Version ] Setup A step by step user guide is available. No knowledge of Telegram API is required;

Tired of complex order placement and manual calculations? Trade Dashboard is your solution. With its user-friendly interface, placing orders becomes effortless, by a single click, you can open trades, set stop loss and take profit levels, manage trade lot size, and calculate risk to reward ratios, allowing you to only focus on your strategy. Say goodbye to manual calculations and streamline your trading experience with Trade Dashboard. Download   demo version   right now. You can find   deta

Trade Copier is a professional utility designed to copy and synchronize trades between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which are installed on the same computer or VPS . Before buying, you can test the demo version on a demo account. Demo version here . Full instruction here . Main functionality and benefits: Supports copying MT5> MT5, MT4> MT5, MT5> MT4, including MT5 netting accounts. * Supports copying Dem

Multifunctional tool: 65+ functions, including: Lot Calculator, Price Action, R/R ration, Trade Manager, Supply and Demand zones Demo version   |   User manual The utility   doesn't work in the strategy tester : you can download the   Demo Version HERE  to test the product. Contact me   for any questions  / ideas for improvement / in case of a bug found If you need a MT4 version, it is available here Simplify, speed up and automate your trading   process . Expand the standard terminal capabili

The UTM Trade Manager is a powerful, yet intuitive trading tool offering fast, efficient trade execution and advanced features such as the "Ignore Spread" mode and a built-in local trade copier, and others. Designed to simplify your trading operations, it provides a user-friendly graphical interface and on-chart controls for seamless management. Key Features: Trade Execution: Enter trades easily with one-click by defining the entry and stop loss prices on the chart. The system automatically calc

-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types  - Set and forget trading w

Pro Arbitrage EA   trades based on Arbitrage Strategy. The strategy is like a scalping technology but on three cross currency pairs at the same time. Each trade basket involves three pairs (all open at the same time) and they will close at once when any desired profit reaches. The strategy has no SL technically because all opened currencies are hedged. SL can happen if high slippages on order execution on the broker side. So the strategy is one of the safest ones in the world. Using the EA : U

Copy Signals from any channel that you are a member (including private and restricted) straight to your MT5.  This tool has been designed with the user in mind while offering many features you need to manage and monitor the trades. This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT4 Version | Discord Version If you want to try a demo please go to user guide. The Te

Expert Advisor Risk Manager for MT5 is a very important and in my opinion necessary program for every trader. With this Expert Advisor, you will be able to control the risk in your trading account. Risk and profit control can be carried out both in monetary terms and in percentage terms. For the Expert Advisor to work, simply attach it to the currency pair chart and set the acceptable risk values ​​in the deposit currency or in % of the current balance. PROMO BUY 1 GET 2 FREE -   https://ww

ATTENTION the expert does not work in strategy tester, for a trial version visit my profile. " Launch offer : throughout the month of June, purchase our product for only 100 USD instead of 150 USD!" Manual RiskGuard Management   RiskGuard management was born with the idea of ​​helping traders from their initial journey to becoming expert and aware traders. Written completely with native MetaTrader 5 functions without any use of external libraries, it is perfectly compatible with any operatin

This is the Best Renko chart generator ever in the market you can set the box sizes based on ATR or Fixed Size: 1. Fixed Box Size 2. Current ATR Size 3. ATR size of the Chart Start Time. also you can set the Renko chart cut of date and time to start as reference of creating renko charts. you need to attach to a symbol chart that want the renko chart of it, then immediately a new chart will be opened which is based on renko, you can use this generated chart and attach your EA to trade on or you e

-25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt5 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator mt5 Video tutorials, manuals, DEMO download   here .   Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend

The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA   in this market place. You can use as trade

This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build

" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simpli

The MT5 to Discord Signal Provider is a user-friendly, fully customizable utility designed for sending trading signals directly to Discord. This tool transforms your trading account into an efficient signal provider. Customize message formats to suit your style! For ease of use, select from pre-designed templates and choose which message elements to include or exclude. [ Demo ] [ Manual ] [ MT4 Version ] [ Telegram Version ] Setup Follow our detailed user guide for easy setup. No prior knowled

Present to you the useful robot that I have been using for several years. It can be used in both semi-automatic mode and fully automatic mode. The program contains flexible settings for trading on the news of the economic calendar. It cannot be checked in the strategy tester. Only real work. In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add this (delete the spa

Trading Panel for trading in One click.  Working with positions and orders!  Trading from the  chart  or the  keyboard . With our trading panel, you can execute trades with a single click directly from the chart and perform trading operations 30 times faster than with the standard MetaTrader control. Automatic calculations of parameters and functions make trading faster and more convenient for traders. Graphic tips, info labels, and full information on trade deals are on the chart MetaTrader.

Trade on crypto exchanges in MT5! GRat_Crypto is a tool for manual and automated trading , including ANY available EA, ANY  cryptocurrency  on most popular crypto exchanges in the familiar MT5 environment 24/7. Features 1. ALL instruments of the 8 most popular crypto exchanges are available: Binance, BingX, Bybit, CommEX, Kraken,   KuCoin, MEXC and OKX . 2. The ability to place ANY type of order available in MT5, both market and pending, to modify orders and positions, to delete orders and clos

Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT5 accounts only. For MT4 accounts, you must use Auto Trade Copier (for MT4). Reference: - For MT4 receiver, please download Trade Receiver Fr

Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da

Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an

Equalizer MT5 is a trend indicator that can be used as: trend filter tigger entry trailing stop Trend filter : with blue histogram we have bull market; with red histogram we have bear market and; with gray histogram we have consolidated market. The tigger : with the increase in the size of the histogram bars we can have possible entry points into a trend. The trailing stop : in a trend, when the size of the histogram bars increases we can move the stop loss to the price bar corresponding to the

Daily Trading Statistics is expert advisor that count: -Today entries: sum of all in entries of the day; -Today winning deals profit: sum of the profits of all winning entries of the day; -Today lossing deals profit: sum of the profits of all losing entries of the day; -Today deals profit: balance of profits between the winning entries and the losing entries of the day.

The indicator draws arrows and lines in the main chart and subwindow chart according to the divergences detected. Using the inputs, you can change the MACD values, disable or enable the drawing of divergence lines and arrows in the main chart or subwindow chart, change the colors of the divergence lines enable and disable the alerts [poup up alerts and notification alerts]. sell signal: if occurred bearish divergence and main crossed signal. buy signal: if occurred bullish divergence and main cr

1. CONSTITUTION Goby Momentum it consists of two oscillator and three dynamic bands (upper, middler, lower). The inputs can be used to adjust the oscillators, the dynamic bands and the alert signals. 2. UTILITY This indicator detects the exhaustion of correction movements within a trend, thus giving entry points for new trades. Entry signals can be generated for both smaller timeframes (>M5) and larger ones (<H1). 3. OPERATION CONDITIONS Buy signal: When the Waterfall [thick line] is above the u

1. CONSTITUTION Salmon Momentum is an indicator consisting of two momentum oscillators (Waterfall and Salmon) and three dynamic bands (upper, middler and lower). 2. OPERATION CONDITIONS Buy signal:   When the Waterfall [thick line] is above the upper band.   Salmon [dotted line] crosses the upper band from the lower band. Sell signal:   When the Waterfall [thick line] is below the lower band.   Salmon [dotted line] crosses the lower band from the upper band. Use a trend filter, for example, EMA