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Trend Change Detector MT5

Trend change detector is an indicator for Metatrader 5.It can help you determine the change in a local trend to open a correct position. It has 2 parameters. Period and mistake offset percent. You can change the period parameter to capture little changes in trend.  There are two lines: the red one and the green one. You can use them as a local support and resistance level. Arrows show the change in a trend. Up arrow the price will go down and Down arrow the price will go up. Also, by changing mistake offset percent you can see a lot more arrows on a graph. Inputs:

  1. Period. Change this value to smooth out noise.
  2. Mistake offset percent. This value increase the precision to determine trend change (High values lead to noisy signal). Keep it between 0.0 - 0.001.
Buffer index: Up line = 0, Down line = 1, Up Arrow = 2, Down arrow = 3

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This is Gekko's Bollinger Bands indicator. It extends the use of the famous Bollinger Bands and calculates strong entry and exit signals using price action on the edge and on the middle bands. You can set it up in many different ways, eg: pullback, pullback against trend, middle band crossing and middle band crossing against trend. Inputs Number of Bars to Plot Indicator:  number of historical bars to plot the indicator, keep it low for better performance; Produces Signal Only When a Bar Closes:
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Fractal Channel Breakout MT5
KEENBASE SOFTWARE SOLUTIONS
KT Fractal Channel Breakout draws a continuous channel by connecting the successive Up and Down fractals. It provides alerts and also plots the Up and Down arrows representing the bullish and bearish breakout of the fractal channel. Features If you use Bill Williams fractals in your technical analysis, you must also include it in your trading arsenal. It can be very effective and useful for stop-loss trailing. A new market trend often emerges after a fractal channel breakout in a new directi
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Version 1.1 2024.01.29
Added visual parameters