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BeST 123 Startegy MT5

35 USD

Demo downloaded: 499

Published: 14 December 2019

Current version: 1.20

BeST 123 Startegy MT5

Name: BeST 123 Startegy MT5
Price: 35.00 USD
Rating: 3 (2 reviews)
Author: Eleni Koulocheri

Indicators
Eleni Koulocheri
Version: 1.20
Updated: 16 June 2021
Activations: 10

BeST_123 Strategy is clearly based on the 123 Pattern which is a frequent Reversal Chart Pattern of a very high Success Ratio.It occurs at the end of trends and swings and it’s a serious indication of high probability for a change in trend.Theoretically an 123_pattern is valid when the price closes beyond the level of #2 local top/bottom, a moment when the indicator draws an Entry Arrow, raises an Alert, and a corresponding Position can be opened.

The BeST 123_Strategy Indicator is non-repainting and non-backpainting while using it you can get:

Definite Entry Signals
TP Points based either on Fibonnacci Levels or Risk/Reward Ratios
The usual common SL Levels for the 123_Pattern (the #1 and #3 points of the current integrated formation)
All the Metatrader Alerts for the Entry Signals
Fully customizable colors and sizes of all the chart objects

Inputs

Basic Settings

Maximum Number of LB Bars – LB Period of searching for the 123_Pattern
Target Levels Mode – for selecting either Fibonacci Target Levels or R/R Ratio Target Levels

Displaying Settings - for selecting which chart objects and features to show/activate.

Graphical Settings – for selecting the color, size and distances of drawn objects.

Alert Settings - for controlling the use of Entry MT5 alerts

Zig Zag Settings – for selecting the parameters of ZZ Indicator that is used for spoting swing Highs and Lows

Note:

All Comment Table Infos are Real Time Updated and it counts Bars in Trade and Open Profit of the current trade but assuming no Target Exits until the next Entry Signal.

For EA Developers

Buy Arrow: Buffer = 23

Sell Arrow: Buffer = 24

more...

1249

Sebastian Schmidt 2021.05.02 12:50 #

absolutely well made and useful indicator, highly recommended

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Double Exponential Moving Average ( DEMA ) is a moving average (MA) that gives the most weight to recent price data.Like exponential moving average (EMA), it is more reactive to all price fluctuations than a simple moving average (SMA) and so DEMA can help traders to spot reversals sooner, because it is faster responding to any changes in market activity. DEMA was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional MAs. ( TASC_Feb. 1994 ). DEMA can al

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BeST_Keltner Channels Strategies MT5 is an MT5 Indicator based on the original Keltner Channels Indicator and it can display in the Chart all the known Variations of Keltner Channels and also the corresponding 10 totally Strategies. Every such generally consists of a Central Moving Average Line and two Boundary Bands at a distance above and below it and can be traded mainly in a Trending Mode but also in a Ranging ReEntry Mode. BeST_Keltner Channels Strategies Indicator Draws definite Bu

35 USD

BeST_Hull MAs Directional Strategy is a Metatrader Indicator based on the corresponding Hull Moving Average.It timely locates the most likely points for Entering the Market as well as the most suitable Exit points and can be used either as a standalone Trading System or as an add-on to any Trading System for finding/confirming the most appropriate Entry or Exit points. This indicator does use only the directional slope and its turning points of Hull MAs to locate the Entry/Exit points while it a

35 USD

BeST_Chande RAVI (Range Action Verification Index) is an MT4 Indicator that is based on the corresponding indicator developed by Tushar Chande which is mainly based on market momentum while focuses on identifying ranging and trending markets. By default RAVI is defined by the formula: RAVI = Absolute value (100 x (SMA(7) – SMA(65)). Also by default there is an arbitrary reference level of 3% that means a market is ranging if the RAVI is less than 3%, or trending strongly if it is is greater t

FREE

Triple Exponential Moving Average ( TEMA ) is a moving average (MA) that gives the most weight to recent price data. TEMA is more reactive to all price fluctuations than a Simple Moving Average (SMA) or an Exponential Moving Average (EMA) or even a Double Moving Average (DEMA) and surely can help traders to spot reversals sooner because it responds very fast to any changes in market activity. TEMA was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in trad

FREE

BeST_Darvas Boxes is an MT4 Indicator based on the trading method developed in the 50’s by the Hungarian Nicolas Darvas . BeST_Darvas Boxes indicator draws the Top and the Bottom of every Darvas Box that can be confirmed on the current Chart. draws Buy and Sell Arrows for every confirmed Upwards or Downwards Breakout of the above levels. draws always only after the bar closing and so is non-repainting or backpainting . Note : Every customer who wants to have the older version v_1.75 with t

35 USD

BeST_Fibonacci Retracement Lines is an MT4 Indicator that by default is based on common Fibonacci levels but it can also draw any 3 desired levels of Retracement or Support of a trending move. It can be used to identify pullback points but also additionally as a kind of a Trailing Stop . BeST_Fibonacci Retracement Lines indicator: • by default draws 38.2%, 50% and 61.8% Retracement Levels of the current price move defined using the Highest High (HH) and Lowest Low (LL) of a desired Look Back Pe

40 USD

BeST_Visual MAs Signal Generator MT4 Indicator is a very useful Visual Tool that can display in the Chart all ENTRY signals (BUY and SELL) and also any corresponding EXIT signal, based on a total of 12, common but also different trading strategies, in which the Entry and Exit Signals are derived exclusively by using Moving Averages (MAs). The two main groups of MAs Strategies included in this tool are: A) Crossover Signals This group includes 4 different strategies (A1-A4), where Entry and Exi

35 USD

BeST_Keltner Channels Variations & Strategies is an MT4 Indicator based on the original Keltner Channels Technical Analysis Indicator and it is a very useful Visual Tool that can display in the Chart all the known Variations of Keltener Channels and also the corresponding 10 totally Strategies i.e. all ENTRY signals (BUY and SELL) and also any corresponding EXIT signal, in which the Enrty and Exit Signals are derived exclusively by using Keltner Channels Variations. Every variation of K

35 USD

BeST_Trend Scanner is an MT4 Indicator that uses a proprietary algorithm in order to identify the most likely levels and probable moment for an upside or a downside trending price move. BeST_Trend Scanner is a very useful tool that defines in advance and with a high statistical percentage of accuracy the subsequent Resistance & Support Levels of the anticipated upside or downside trending move of price and so When used at its Reverse Entries Mode : It generates Buy or Sell arrows at the

35 USD

BeST_Darvas Boxes EA is an MT4 Expert Advisor that is based on the most classic trading method developed in the 50's by Nicolas Darvas commonly known as The Darvas Boxes Trading System. The Original Darvas Boxes System can be found in details in his book "How I Made $2,000,000 In The Stock Market" (Copyright 1960, by Nicolas Darvas). Although the original system was designed to trade only Stocks and to open only Long trades its trading principles can also be applied to many other Markets

45 USD

BeST_Chande TrendScore Indicator points the start of a trend with high degree of accuracy and it is amazing for scalping on the 1min timeframe. It is also a simple way to rate trend strength. It indicates both the direction and strength of a trend and can be easily combined with various trend-following, swing and scalping strategies. As of a trend’s direction and strength a value of +10 signals a strong uptrend while a value of -10 signals a strong downtrend. Generally a positive score show

35 USD

All those involved in trading do certainly know that Moving Average Crossovers for being tradable should be reliable and also they need to have minimal lag. BeST_Vervoort Zero Lagging MAs Strategy is a Metatrader Indicator that can help you to achieve it and is based on S.Vervoort's work about Reliable and of Zero Lag MAs Crossovers as described in his TASC_05/2008 article " The Quest For Reliable Crossovers ". It's a Multipotentiality Indicator as it can display of either simply the Zero Laggi

35 USD

BeST_Trend Exploiter is a Metatrader Indicator based on a smart proprietary algorithm which can detect the market Median Trend while it filters out the noise providing Buy and Sell Signals and also wherever it is applicable it provides us with TP Levels of High Probability. Additionally as it has Built Inside all the necessary features it can be used as a Complete Strategy of very Impressive Results. Essential Advantages of the Indicator Clear and Easily Understandable trading rules. Real Time

35 USD

BeST_123 Strategy is clearly based on the 123_Pattern which is a frequent Reversal Chart Pattern of a very high Success Ratio . It occurs at the end of trends and swings and it’s a serious indication of high probability for a change in trend. Theoretically an 123_pattern is valid when the price closes beyond the level of #2 local top/bottom, a moment when the indicator draws an Entry Arrow, raises an Alert and a corresponding Position can be opened. The BeST 123_Strategy Indicator is non-repai

35 USD

BeST_Profit Taker Exits is a Metatrader Indicator based on the corresponding vital part of Jim Berg's Trading System.It timely locates the most likely points/bars of significant Profit Taking and can be easily used as an add-on to any Trading System/Method . The Indicator consists of 2 Take Profit lines deriving as (MA ± times the ATR) usually the upper one above the prices (for Long Trades) and the lower one below prices (for Short Trades). When the Close (or High by choice) of a bar is above

40 USD

BeST_Breakout Strategy is a Metatrader Indicator based on a proprietary algorithm implementing a very powerful tool that can exploit every breakout leading to huge market movements. It timely locates the most likely points for Entering the Market as well as the most suitable Exit points and can be used successfully as a standalone Trading System which often results in huge profits accompanied by very impressive statistics like Success Ratio and Profit Factor. The BeST_Breakout Strategy is

40 USD

BeST_Keltner Channels Strategies EA is an MT4 Expert Advisor that is based on the method developed by Chester W. Keltner described in book “How To Make Money in Commodities” that Keltner called it the ten-day moving average trading rule. Originally Keltner Channels uses for Central Line a 10-bars SMA of Typical Price and the 10-bars Average Range (High - Low) with a multiplication factor of 1 for constructing the Boundary Bands. Later several known traders and authors have published modif

45 USD

BeST_RevEngEMARSI Strategy is an MT4 Indicator that is based on the indicator RevEngEMARSI by Giorgos Siligardos that was presented in his article " Reverse Engineering RSI (II) " ( TASC_Aug 2003 ) as a new variation of his inverse-RSI indicator and which transforms the Exponential moving average of RSI into a curve in the price graph, simplifying the price projection method and improving its visual representation. BeST_RevEngEMARSI Strategy while implementing the crossings with its Moving Aver

35 USD

BeST_ADX Scalping Strategy is an MT4 Strategy of an Entry and Exit Signals Indicator based on the ADX values that is an excellent tool for scalpers to scalp the currency market multiple times a day for profit . It is built mainly for scalping purposes although it can also be used as a breakout indicator . Its Signals produce a complete and standalone trading system of impressive results . The indicator comes with a new enhanced Real Time Updated Info and Statistics Panel that can improve its ov

35 USD

BeST_RMO Indicator Strategies is an MT4 Indicator that is based on the corresponding famous Oscillator created by Rahul Mohindar that detects trends in all markets and it can produce Buy and Sell Signals of high winning probability forming a complete and standalone trading system of impressive results. The indicator uses 2 strategies as a selection: i) Classic : produces Reversed Entry Signals by the crossings of zero (0) line and ii) MAsSignals : produces Reversed Entry Signals using MAs of R

35 USD

BeST_Fisher Oscillator Strategies is an MT4 Indicator that is based on the popular Fisher Indicator and it is mainly used to identify trend reversals with a high accuracy . It is a great forex trading indicator for scalping , day trading and swing trading purposes. The indicator comes with 2 corresponding Strategies of Reversed Entries each one of which can be used either as a standalone Trading System or as an add-on to any Trading System for finding or confirming the most appropriate Entry o

35 USD

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334

Scarlett Stone 2021.06.16 13:25 #

Wonky. Probably hasn't been upgraded in a while. I can't get the details to load or they load then disappear. When you buy from Metaquotes you take your chances and this was a bust as they are not responsive to customer concerns. the concept of the app is sound but it doesn't work for me on the two computers I tried. If the author can help me with this and it finally does work, I will upgrade this review. Thanks

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Reply from developer Eleni Koulocheri 2021.06.16 18:50 #

Hi,
I read your Review on BeST_123_Strategy MT5 and I am sorry for the problem you face. I do not really understand the reason of the problem. In my PC and Laptop everything is OK. Also till now I had no any customer with such a problem. I tried again to reproduce the problem in order to find it and fix it but once more I did not face it in my PC/Laptop.
Anyway I changed some internal functions of the code and I already published the updated version 1.20 of the indicator which I hope will work ok and for you. Please download the new - updated version and let me know if everything is ok/better now.
Hope I helped.
Always here to help. Regards Eleni

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Sebastian Schmidt 2021.05.02 12:50 #

absolutely well made and useful indicator, highly recommended

Andre Santos 2021.04.03 02:13 #

The right tool and support for patterns indicators.

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Dunstan Wafula Namusonge 2020.07.08 16:51 #

User didn't leave any comment to the rating

Version 1.20 2021.06.16

Improving internal functions for MT5 Alerts

Version 1.15 2021.06.16

Improving internal functions for Entry Signals

Version 1.10 2021.06.16

Improving internal functions for displaying Entry and Target Levels