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Cobra Levels

49 USD

Demo downloaded: 10

Published: 2 October 2023

Current version: 1.0

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Cobra Levels

Indicators
Rajesh Kumar Nait
Version: 1.0
Activations: 5

Introducing

Watch the Tutorial video of backtest and accuracy : here

This strategy is based on the concept that prices will revert to their mean or average value over time.

Identify the mean price: Calculate the levels e.g. U4 U5 or D4 D5
Wait for the price to move away from the mean (Middle Line) before taking action.
Buy and sell signals:
- Buy: When the price falls below the lower threshold.
- Sell: When the price rises above the upper threshold.

These are 6 sets of levels with two frequency modes which works on universal market including forex, crypto, commodity, nifty and banknifty and other markets. They are published after best research on financial instruments. The purpose of these levels are to trade reversal crash and boom, use them to watch for overbought and oversold market condition and understand the market cycle of any symbol

The upper levels are called U1 to U5 and the lower levels are called D1 to D5
Market may drive in either internal channels upto U3 or D3 in normal condition or external channels U4 to U5 or D4 to D5 in volatile condition. When price reaches U3 U4 U5 or D3 D4 D5, the chances of reversal are very high and a trader should wait for a closing of a candlestick to confirm the entry and may trade with valid risk management.

This indicator offers you to shift the levels distance by customization options in indicator settings. A user can customize the levels by adding + or - points from the adjustment setting.

1. They are working on Timeframe : M1, M3, M5, M15, H1 and H4 only.
2. Suitable for intraday , swing and positional trading methods
3. Help finding in best overbought and oversold turning points based on research as compared to any other indicator
4. Dynamic Levels : Level value changes as per time every minute but when price pass the criteria to reach these levels in any condition, a cycle is followed up and reversal can be seen.
5. Include Alerts ad Push Notification

For more info regarding trading strategy, You can contact me via DM.

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Real Spinning Top Indicator It detects accurate spinning top on chart with balanced body and wick height ratio which is the true meaning of spinning top which differs it from Hammers and Doji or Null Candlestick. This indicator plots an wingdings icon at number of spinning tops found on the chart. Settings include Number of Bars : To adjust search on number of bars Color of Icon :change color of icon Icon code : change code of wingdings for icon

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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

Multi Currency Previous Candle or Previous Bar Scanner helps you scan multi symbol charts with any custom timeframe which you select from indicator settings. Based on product : https://www.mql5.com/en/market/product/110229 It can be used to scan multi symbols for Previous Day high low, Previous week high low, Previous month High low or any custom timeframe e.g. Previous 4 hour chart high low It filters noise and gives directional alerts when price touches High or low line The strategy is sim

This indicator plots upto 6 levels which can be enable / disable to make chart cleaner as per trader's requirement These 6 levels are in 2 sets : High and Low For each sets, different timeframe can be selected It is based on strategy of Previous High Low reversal, as its considered that price usually show rejection in smaller timeframe like 5min when price reach Daily, Weekly or Monthly High Low Features : - Track upto 6 Timeframe High Lows in single chart - Set alerts on these levels, Mail, Pus

Market structures are the one which when breakout in higher timeframe may help clears a trend to a trader. 1. This indicator will draw ZigZag to only last 2 structures (previous high and low of ZigZag ) and a new bar of ZigZag will be only formed when break of structure happens 2. It gives Terminal and Push notificationon break of structure 3. Increase and Decrease Extdepth of ZigZag from "[" and "]" keys to adjust swing 4. Change colors of Line AB BC and CD 5. Add to many charts and get alerts

This indicator allows you to show fibonacci levels labels with big font size . It supports up to 25 fibonacci levels - As soon as you draw fibonacci it shows the levels you added as input parameter with big font size with the color and font you choose. Customizable options : 1. Fibo Text Font 2. Fibo Text Size 3. Fibo Text Color 3. Add description to each level 4. Other options such as Anchors and Degrees

Perfect Seconds chart indicator allows you to convert minute candles of live data into seconds 1. Choose any number of seconds to close a bar 100% with accurate time. 2. This is Live OHLC rates based data, It works even if ticks are not available. 3. No external DLL required, it works smoothly on VPS 4. Fast and optimized code 5. Supports Crypto Pairs such as BInance, Kucoin and all other exchanges where Futures live chart can be converted into seconds easily. 6. Support all type of symbols such

Multi Symbol Double Click anywhere on chart to set price alert for MT4 and get notified from Terminal Alert or Push Notification 1. Add the EA Utility on chart 2. Browse chart by <- left or -> right arrow keys 3. Double click anywhere on chart and it will add a line, drag this line to set your desired price and voila, alert is set! When price will reach to the line it will notify you with either terminal or push notification as per utility's settings. This alert will keep working even if you r

This indicator plots upto 6 levels which can be enable / disable to make chart cleaner as per trader's requirement You can get alerts on Previous Week Previous Day, Previous Month or high low of any period previous candle available in MT4 These 6 levels are in 2 sets : High and Low For each sets, different time frame can be selected It is based on strategy of Previous High Low reversal, as its considered that price usually show rejection in smaller timeframe like 5min when price reach Daily, W

Cobra Pivot Points is an indicator for plotting best optimized pivot points support and resistance levels which you can backtest yourself by downloading the DEMO. 1. Select 7 type of Pivot Mode : Cobra, Camarilla 1, Camarilla 2, Floor, Woodie, Demark and Fibonacci pivots 2. You can use any time frame to find pivot points support and resistance 3. You can play with Previous day High Low Close value with Shift parameter. 1 = Previous Bar, 2 = Bar before Previous bar and so on.. These parameter w

Pivot Points Multi Symbol Scanner scans all symbols available in marketwatch for Floor, Woodie, Camarilla, Demark or Fibonacci Pivot Points. You can select any timeframe to calculate pivot points and get alerts when price touch these levels of support and resistance. For visual Pivot Points You may be interested in this product : https://www.mql5.com/en/market/product/110231 It has options for choosing various alerts type You can choose and set frequency to scan in milliseconds 1000 me

Add this indicator to chart and set the ExtDepth Setting of ZigZag It gives instant alert when Price touches trendline Upper, Lower or Middle channel Features : -Enable / Disable alerts on upper, lower or middle line - Add pause after a alert in seconds - Pause or Unpause Trend channel with button on chart - Add early alerts by adding points in input field, for example ETH price is 2900.25 here the digits 25 is "point", so if you add 25 in input field in points and if the value of lower l

Crypto.com to MT5 Live Candlestick Stream to Metatrader 5 from Crypto.com websocket Its a OHCLV (Open High Low Close Real Volume ) Live Rates Data you can check my other crypto product on my profile https://www.mql5.com/en/users/rajeshnait/seller 1. OHLCV Data 2. Supports and Creates Multiple Symbols 3. You need to add Crypto.com websocket and api URL as mentioned at Tools > Options > Allow Webrequest from URL tab and also tick Allow Webrequest checkbox - Websocket URL : stream.crypto.com - API

Patterns Explorer for Triangle pattern such as symmetrical triangle, asymmetrical triangle or right angle triangle , Wedge pattern such as Rising wedge or Falling wedge, Expansion pattern and Trend Channel This indicator explores historical pattern as well as current patterns, It is the best indicator for those who are trying to save time from manually drawing trendline or triangle and want to use this for automated analysis of plotting best patterns on chart Features : - Panel for changing ZigZ

Kraken Crypto Exchange Futures History Update Panel Features : 1. It will create symbol based on setting and update history fully which is available from Kraken API for the symbol. This panel updates history on Kraken Futures symbols with Open High Low Close data, It also Prints message when History Update is complete. Please note this is not LIVE Data. 3. You need to add Kraken API URL as mentioned at Tools > Options > Allow Webrequest from URL tab and also tick Allow Webrequest checkbox

5 EMA Scalping Strategy Multi Symbol Scanner This EA utility will scan all symbols which are selected in marketwatch and alert when such condition is formed in chart when Candle low is above EMA 5 for Sell alert and Candle high is lower from EMA5 so you can be ready before selling or buying for scalping purpose on 5min chart For more details watch attached video Logic : When a candle closes above 5 EMA in 5 mins chart, Wait for its low to break and Sell when low is broken by wick, Your SL sh

Multi Symbol ZigZag Breakout Scanner scans all symbols selected in marketwatch. It will help finding double top, double bottom or any fibonacci extension level easily when price is about to reach those levels. You can select Timeframe, and multiple Extdepths (up to 3) of Zigzag. Recommended ZigZag are 21,34 and 55 which covers all types of Zigzag and filter noise You can set to receive either terminal alert or push notification or both Use cases : 1. To find Break of structure of order blocks

Fibo Musang FMBCR CB1 breakout multi symbol scanner for MT5 scans all symbols selected in marketwatch for dominan break Fibo Musang CB1 or Candle Break 1 is a strategy that works very well on Gold XAUUSD and other forex symbols. This scanner will help you scan mulltisymbol currencies very fast and get alerts on FMCBR CB1 breakout Please see video for more details as its completely customizable as per trader's preference: 1. You can select timeframe and History of Bars 2. You can modify your

Multi Symbol Double Click anywhere on chart to set price alert and get notified from Terminal Alert or Push Notification 1. Add the EA Utility on chart 2. Browse chart by <- left or -> right arrow keys 3. Double click anywhere on chart and it will add a line, drag this line to set your desired price and voila, alert is set! When price will reach to the line it will notify you with either terminal or push notification as per utility's settings. This alert will keep working even if you restart te

Control Candle is the candlestick which holds multiple inside bars and are in control until its high low range is broken by close of any candlestick. When control candle is broken, price may act on these control candle as support and resistance. This indicator create rectangles on chart which will help you find control candles fast. Control candle indicator box is customizable by color, style, width and other options in indicator settings.

This indicator efficiently tracks any other timeframe candlesticks which you want to track on same chart 1. Select any higher time frame to load bars on same chart 2. Customize colors and style of candlesticks 3. Choose number of bars to draw candlesticks 4. Track higher timeframe complete candles along with wick and body 5. Easy and convenient for those who dont want to switch chart.

Cobra Pivot Points is an indicator for plotting best optimized pivot points support and resistance levels which you can backtest yourself by downloading the DEMO. 1. Select 7 type of Pivot Mode : Cobra, Camarilla 1, Camarilla 2, Floor, Woodie, Demark and Fibonacci pivots 2. You can use any time frame to find pivot points support and resistance 3. You can play with Previous day High Low Close value with Shift parameter. 1 = Previous Bar, 2 = Bar before Previous bar and so on.. These parameter w

Multi Currency Previous Candle or Previous Bar Scanner helps you scan multi symbol charts with any custom timeframe which you select from indicator settings. Based on product : https://www.mql5.com/en/market/product/78657 It can be used to scan multi symbols for Previous Day high low, Previous week high low, Previous month High low or any custom timeframe e.g. Previous 4 hour chart high low It filters noise and gives directional alerts when price touches High or low line The strategy is simp

Pivot Points Multi Symbol Scanner scans all symbols available in marketwatch for Floor, Woodie, Camarilla, Demark or Fibonacci Pivot Points. You can select any timeframe to calculate pivot points and get alerts when price touch these levels of support and resistance. For visual Pivot Points You may be interested in this product : https://www.mql5.com/en/market/product/110072 It has options for choosing various alerts type You can choose and set frequency to scan in milliseconds 1000 me

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