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FTB finder

I spent two and a half months checking charts, looking for best variations for FTB trades and adjusting this indicator to get this final version. I think these are best rules to get as many FTB setups as you can. My aim was to make trading more comfortable as I cant imagine myself going through at least 36 tabs and search for FTRs and then again checking FTBs. FTB setup is pretty straight forward and easy to make indicator for so I said to myself why should I bother when I can have indicator to do most of the job. But the hardest part was to come up with rules which eliminate shitty setups. Of course you cant just blindly take every alert and expect to be successful. This is just tool to save you time, you decide if setup meets your rules. I hope you appreciate work I put into this and that this indicator will save you lot of time and stress.


These minimum requirements for a setup are implemented:

 -one candle before and after FTR

-candle after FTR has to engulf FTR body

-the zone is whole FTR with the wicks and its drawn automatically (color can be changed)

-candle has to close outside the zone (this eliminates a lot of bad looking trades)

-two candles coming back to FTR zone have to be closed minimum in order to get alert (I dont like setups with one candle back to the zone)

-if candle coming back closes beyond the zone setup is invalid so you dont get alert (again removes bad setups)

-this indicator can measure range, so you set minimum pips you want. For up formation the range is measured from bottom of the FTR body to the top wick of first candle closed coming back to the zone…why? Because most of the time that wick is filled (this feature eliminates a lot of small range setups not worth taking)

-whatever candle touches the zone you get alert on opening next candle (but at least 2 candles coming back need to be closed), usually its confirm candle but anyway you have plenty of time to set your lot size, check compounding and risk etc.

- EMA is implemented in the way where if FTR candle closed above EMA you get only up formation alerts and vice versa (this eliminates counter trend setups)

- if traffic candle is closed you will not get an alert, only pure setup

-notifications for App and email


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Bernhard Schweigert
4.91 (294)
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potentia
Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading ins
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