Market / MetaTrader 5 / Indicators /

Tops and Bottoms Indicator

FREE

Published: 19 July 2020

Current version: 1.2

Tops and Bottoms Indicator

4.57

Indicators
Josue De Matos Silva
Version: 1.2
Updated: 27 July 2020

Tops & Bottoms Indicator FREE

Tops abd Bottoms: An effective indicator for your trades

The tops and bottoms indicator helps you to find ascending and descending channel formations with indications of ascending and/or descending tops and bottoms. In addition, it show possibles opportunities with a small yellow circle when the indicator encounters an impulse formation.

This indicator provide to you more security and speed in making entry decisions.

Also test our FREE advisor indicator: https://www.mql5.com/en/market/product/53448

Also test our FREE Probabilistic Analysis indicator: https://www.mql5.com/en/market/product/53669

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NOTE: This indicator does not guarantee profits or make promises of gain, it only provides information that helps the trader to make a better decision.

Inputs

Bounce in Pips - Number of pips between the ends to consider the entry valid.

more...

Thapa 2024.06.20 03:11 #

not bad

242

Clemildes Horta 2023.10.09 00:49 #

Excelente indicador! Obrigado por partilhar!

leruaites 2023.09.29 15:16 #

Muito bom.

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Filter:

1044

James Erasmus 2024.07.29 12:05 #

Terrible. The signal buy or sell prints many bars later, so back testing is of no value as its impossible to tell when arrow appears.

Thapa 2024.06.20 03:11 #

not bad

242

Clemildes Horta 2023.10.09 00:49 #

Excelente indicador! Obrigado por partilhar!

leruaites 2023.09.29 15:16 #

Muito bom.

Airton Oliveira 2021.10.14 22:08 #

Já estava procurando um indicador de topos e fundos há muito tempo, está me ajudando muito. Obrigado.

Minas Nicolas 2021.10.05 23:11 #

Excellent Indicator!

112

João Silva 2021.05.12 13:17 #

Indicador muito bom, gostaria de saber o funcionamento do buffer de compra e de venda para anexar em um EA.

4109

Aleksandr Tamonin 2021.01.24 10:56 #

Хороший индикатор. Спасибо автору.

Version 1.2 2020.07.27

Added Bounce to make entry analysis more flexible.

Version 1.1 2020.07.20

Code base optimization.