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TrendBox Indicator MT5

FREE

Published: 27 November 2020

Current version: 1.0

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Overview
Reviews (15)
Comments (14)

TrendBox Indicator MT5

Indicators
Ivan Grachev
Version: 1.0

The indicator looks for consolidation (flat) in the market at a certain time, builds a box-channel and marks levels indented from it for a breakdawn. After crossing one of the levels, the indicator marks the zone for take profit and calculates the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area of the market, with the beginning of a trend movement to enter it.

Version for MT4: https://www.mql5.com/en/market/product/57466

Benefits:

a unique search system for consolidation (flat) by adjusting to the market;
does not redraw;
can be used on any timeframe and currency pair;
flexible settings for more accurate results;
a complete system of alerts from messages, mail to PUSH notifications.

Main parameters of the indicator:

TakeProfit	-	takeprofit level
Buffer	-	indent in points from the formed box-channel
BarsAnalyze	-	number of analyzed bars
MaxDelta	-	maximum channel box size
StartHour	-	hour of the beginning of the analysis of the trade to set the box-channel
StopHour	-	trading analysis end hour
Alerts	-	enabling the alert system in case of level breakout
AlertMessage	-	breakdown alert
SoundMessage	-	sound message
EmailMessage	-	message about level breakdown to the mail specified in the terminal
PushMessage	-	PUSH message to mobile phone

All values in points are indicated in 4-digit format, 5-digit translation is carried out automatically.

The indicator can be used as a separate trading system, or as an addition to an existing one.
On the screenshots below you can see examples of using the indicator on the chart.

more...

537

Kasim Ijelu 2025.02.18 12:47 #

Fabulous Thank you, you are most appreciated

Mohamed Ismail saleh 2025.01.10 16:20 #

Thank you for the wonderful tool. It was tried on a trial account for petroleum and does not work on bitcoin and gold. We need some additions. It is the management of the capital and the risk rate manually. This makes us choose the right size for the capital and please pay attention to the experience on other currencies.

144

YAho33 2024.11.26 15:10 #

Muito bom, Bem assertivo combinado com Stochastico. Obrigado por compartilhar;

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EA finds the largest volume in the market and determines the level for entry. After crossing the level towards the breakdown, a market order is opened. The EA builds a two-sided grid of orders, adapting to the market. Each direction of orders works separately and has its own take-profit. Thus, the adviser covers the whole trend, starting from its start, while the adviser perfectly passes the flat market condition, trading both directions. Please see all my products: https://www.mql5.com/en/user

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Indicator determines the direction of price movement, calculates the possibility of entering the market using an internal formula and displays a breakout entry signal. Indicator signals appear both at the beginning of trend movements and in the opposite direction, which allows you to open and close orders as efficiently as possible in any of the market conditions. Version for МТ5: https://www.mql5.com/en/market/product/58980 Benefits: a unique signal calculation formula; high signal accuracy; d

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The Expert Advisor builds a grid of orders, defining inputs by built-in setups. After accumulating the profit specified in the settings, it closes the remaining orders to breakeven. Open “breakout” orders create a grid according to the trend, and each separately “trailing” order allows you to maximize profit from the market. Please see all my products: https://www.mql5.com/en/users/en_coding/seller Benefits: a unique algorithm for constructing a grid of orders, eliminating the minimum delta be

FREE

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537

Kasim Ijelu 2025.02.18 12:47 #

Fabulous Thank you, you are most appreciated

Mohamed Ismail saleh 2025.01.10 16:20 #

144

YAho33 2024.11.26 15:10 #

Muito bom, Bem assertivo combinado com Stochastico. Obrigado por compartilhar;

Trolleybus 2024.11.25 20:14 #

Подскажите, имеется ли исходный код? // Please advise if the source code is available?

484

Irusel 2024.10.29 21:01 #

Отличный индикатор

448

Michael-MT5 2024.08.03 13:18 #

User didn't leave any comment to the rating

261

mauro bianchi 2024.05.29 12:02 #

Lo uso da poco, ma sembra accurato. Grazie

Fireblade954 2024.02.27 10:06 #

It works. I makes money

1004

Juergen Loebach 2023.06.16 10:06 #

A useful addition to my strategy.Thank you very much for this product.

24038

Evgeniy Zhdan 2023.06.14 20:37 #

User didn't leave any comment to the rating

1145

Findolin 2023.05.02 10:01 #

Congratulation. Excellent idea! Thank you very much.

luckytrades 2023.03.06 19:36 #

Great Indicator to trade with any strategy. I demo it on my live account and was a winner at all times. Thanks for your service.

raydot83 2023.02.13 05:15 #

Tx Mr. Ivan🙏

jushmk 2022.12.02 11:37 #

Excellent indicator!

166

avalos72 Ávalos 2022.10.27 06:12 #

Excellent indicator makes good Tickets.