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BeST Trend Scanner MT5

35 USD

Demo downloaded: 50

Published: 7 August 2021

Current version: 1.20

BeST Trend Scanner MT5

Indicators
Eleni Koulocheri
Version: 1.20
Activations: 10

BeST_Trend Scanner is an MT5 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 very beginning of an Uptrend or Downtrend respectively when used at its Reverse Entries Mode while also
When used at its Additional Entries Mode:
It generates Buy or Sell arrows of the same direction during the development of the corresponding trend at high winning probability Entry points

Additionally the indicator also sends immediately with every Entry Signal an Alert Message through MT5, Mobile and Email push and so in this way it offers the chance for daily trading with favorable probability.
It is also important to note that this particular tool it deals mainly with the identification of appropriate points of Entry into the market. So it is necessary the parallel use of a good Exit Strategy (for example using Mov.Average, CCI, MACD,BeST_Profit Taker Exits Indicator, etc. along with an appropriate Risk and Money Management method (using SL,TP,Trailing Stop,Time Stop,…).

BeST_Trend Scanner MT5 Indicator

Draws definite Buy/Sell Arrows
Draws always only after the bar closing and so is non-repainting and non-backpainting
Displays a real-time updated Info Panel
Implements all MT5 Alerts for all the Entry Signals

Filtering Entry Signals

We can use the indicator at the H1 and M30 timeframes in order to determine the trend (both must give the same Signal) and after this we can wait for the same signal in M15 timeframe to enter the trade.

Inputs

Basic Settings

Select Strategy Aggressiveness - for selecting through a multiplier factor the aggressiveness of the underlying strategy meaning the number of Entry Arrows produced.
Select the Entries Mode – for selecting Reverse or Additional Entries Mode

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

Graphical Settings – for controlling the colors of Cchart Objects and the Panel features

Arrows Settings - for controlling Entry arrows display

Alert Settings - for controlling the use of MT5 Alerts for Entry points

For EA Developers

Buy Arrows: Buffer = 1
Sell Arrows: Buffer = 0

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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_ Classic Pivot Points is an MT4 Indicator that is based on the widely known and definitely classic Pivot Point of a market prices activity. A pivot point is calculated as an average of significant prices (high,low,close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish. A pivot point and the associated suppo

FREE

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_Hull MAvgs Strategies_EA is an MT4 Expert Advisor based on the Market indicator named BeST_Hull MAs Directional Strategy and can make trades according to it or using only 1 HMA while it also applies all common Trade and Risk Management features. Generally the Hull Moving Average (HMA - developed by Alan Hull) is a directional trend indicator. It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historical d

45 USD

BeST_Vervoort Zero Lagging MAs Strategy EA - MT5 is an Expert Advisor that is based on the corresponding MT5 BeST_Indicator which can simulate S.Vervoort's work about Reliable and of Zero Lag MAs Crossovers as described in his article in TASC_05/2008 titled “The Quest For Reliable Crossovers”. According to the article this method is clearly a Breakthrough Answer for Trading Moving Averages and Finding Fast and Remarkable Reliable Crossovers. Based on this logic this EA can make BUY and SE

45 USD

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

FREE

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

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 Single MA Strategy is an Metatrader Indicator based on the famous indicator Hull Mov.Average . This indicator can display the Single HMA Strategy of just 1 Hull MAvg. It uses added internal filters locating the most likely Entries while it can be used as a standalone system or as an add-on to other ones. Generally the Hull Moving Average (HMA - developed by Alan Hull) is a directional trend indicator . It captures the current state of the market and uses recent price action to determi

35 USD

BeST_ Elliot Wave Oscillator Strategies is an MT5 indicator which by default is the difference of two SMAs displayed as a histogram fluctuating around zero while a Signal Line generates Entry Signals either in a Reverse or in a Normal Mode and it is a very powerful tool that very often exploits huge market movements. Signal Line comes in 2 types: Advanced Get Type – like the corresponding one used in the homonym analysis package Mov. Average Type – as a Moving Average of the Elliot Oscillat

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

Variable Index Dynamic Average (VIDYA) developed by Tushar Chande by default is contained in MT5 but not in MT4 platform and it is a dynamic EMA (Exponential Moving Average) that adjusts its Length (LB Period) automatically in response to Market Volatility originally measured through the Chande Momentum Oscillator(CMO). CMO value is used as the ratio to the smoothing factor of EMA ( The New Technical Trader by Tushar Chande and Stanley Kroll, John Wiley and Sons, New York, 1994). The higher th

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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_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

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_IFT of Oscillators Collection is a Composite MT4 Indicator that is based on the IFT (Inverse Fisher Transformation) applied to RSI , CCI , Stochastic and DeMarker Oscillators in order to find the best Entry and Exit points while using these Oscillators in our trading. The IFT was first used by John Ehlers to help clearly define the trigger points while using for this any common Oscillator ( TASC – May 2004 ). All Buy and Sell Signal s are derived by the Indicator’s crossings of the Buy or

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

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