• Overview
  • Reviews (2)
  • Comments

Trend Extremums

5

Description: 
This indicator (with its algorithm) marks relative highs and lows, which have an array of useful applications. 

This indicator will never repaint. 

Features: 

  • Marks relative highs and lows 
    • Use this to determine points of trend continuation i.e. where the trend may pull back before continuing higher or lower, past this point
    • Or use this to determine potential points of reversal, particularly in ranging markets, or with other price action 
  • These highs and lows can sometimes be used to identify levels of potential support, resistance, or other price action e.g. double, or triple-bottoms

How to use:

Usually, this indicator can be used to swing trade on higher timeframes, with each extremum a potential point of continuation, particularly early on in the trend. 

Reversals are usually more risky, but useful in ranging markets, on lower timeframes, or sometimes with more volatile trading instruments. 

Feel free to use this indicator with other systems, or indicators, for a better view of the market overall. 
















Reviews 2
Dougal
268
Dougal 2024.01.02 20:11 
 

Very useful for potential reversals on all time frames (particularly high) when combined with other indicators.

It could do with an alarm though

Thomas Reuschel
598
Thomas Reuschel 2024.07.15 12:19 
 

Der Indikator ist top, wenn man ein gutes Risikomanagement und RR-Verhältnis hat. Kann mich meinem Vorredner nur anschließen, dass Alarme schön wären. Mobil und Push wären top.

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** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "Market Structure group" for sharing or seeing experiences with other users. Introduction: Market structure is important for both new and professional traders since it can influence the liquidity and price action of a market (Breakout and Retest). It’s also one of the most commonly used techniques to understand trends, identify potential reversal points, and get a feel f
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Matrix Arrow Indicator MT4  is a unique 10 in 1 trend following 100% non-repainting  multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocks.  Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving A
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IX Power finally brings the unbeatable precision of FX Power to all your trading symbols. It accurately determines the intensity of short, medium and long-term trends in your favourite indices, stocks, commodities, ETFs, and even cryptocurrencies. You can analyse everything your terminal has to offer. Try it out and experience how your timing improves significantly when trading. Read about our latest strategic development -  Easy scalping with IX Power Visit our all-new   Stein Investments
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Leave a Comment after purchase to get 4 high quality indicators as Bonus. The Chart Patterns All-in-One indicator helps traders visualize various chart patterns commonly used in technical analysis. It supports identifying potential market behaviors, but profitability is not guaranteed. Testing in demo mode is recommended before purchasing. Current Offer : 50% discount on the "Chart Patterns All in One" indicator. Included Patterns : Pattern 1-2-3 : Detects market reversals using three key point
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ON SALE - 30% OFF FOR 48 HOURS!!! 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 exhaustion point. Th
Blahtech Supply Demand
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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
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Fibonacci Wave Bands
Luc Michael Botes
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Fibonacci Wave Bands Indicator The Fibonacci Wave Bands indicator utilizes Fibonacci ratios to create dynamic bands around a central moving average. These bands are derived from key Fibonacci ratios (typically 38.2%, 50%, 61.8%) and adapt to market volatility, offering insights into potential support and resistance zones. Key Features: Fibonacci Levels: The indicator plots multiple bands above and below a central moving average based on Fibonacci ratios. Dynamic Support and Resistance: Bands ser
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Thomas Reuschel
598
Thomas Reuschel 2024.07.15 12:19 
 

Der Indikator ist top, wenn man ein gutes Risikomanagement und RR-Verhältnis hat. Kann mich meinem Vorredner nur anschließen, dass Alarme schön wären. Mobil und Push wären top.

Luc Michael Botes
706
Reply from developer Luc Michael Botes 2024.07.15 21:55
Vielen Dank für das positive Feedback. Es wird sehr geschätzt. Wenn ich etwas Zeit habe, muss ich zurückgehen und Benachrichtigungen hinzufügen. Möglicherweise liste ich auch einen verfeinerten Indikator wie diesen mit Warnungen und Push-Benachrichtigungen auf.
Dougal
268
Dougal 2024.01.02 20:11 
 

Very useful for potential reversals on all time frames (particularly high) when combined with other indicators.

It could do with an alarm though

Luc Michael Botes
706
Reply from developer Luc Michael Botes 2024.01.09 23:15
Thank you so much for the positive review! This is a good point you raise, and something I will consider going forward.
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