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Trendy Trader

Unlike a standard moving average, trendy traders unique algorithm will show you a less choppy signal resulting in a smoother and easier trend to follow thereby making your trading decisions more confident. 

Put simply when price moves above the average it signals a bullish trend and when price moves below the average it signals a bearish trend.

The trader is then given 2 levels of take profit and a stop loss on each new signal. It can also be added to other trend-following systems for better performance.

It will work on any timeframe and market its placed onto. 

Features : 

  • Does not repaint the signal everything is strictly signal on close of bar
  • Works on most timeframes and markets
  • Includes a main panel verifying how effective the strike rate of signals are
  • Includes a panel showing what the indicator is doing on other timeframes
  • Builds confidence by smoothing out market noise   
  • Integrated pop-up, email, push notification and sound alerts

    Settings : 

    Amplitude - The number of bars used to calculate rend
    Take Profit 1 - The distance from stop loss. Input as 0.2 means 20% of stop loss
    Take Profit 2 - As explained above
    Stop Loss - The co efficient, take profit levels are based upon   
    Bull Color - The color of arrow and line 
    Bear Color - The color of arrow and line 
    Take Profit Color - The color of take profit
    Stop Loss Color - The color of stop loss when hit
    Lookback - How far back in bars the signal is applied 

    How to trade this Indicator :

    After the indicator has realized a new signal look to the chart panel. There you will see two take profit prices and a stop loss price.

    Next enter your trade with these recommendations. When take profit 1 is reached you can either partially close the trade or move stop loss to break even.

    Next when take profit 2 is reached close out your trade. You should now have made some profits!


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    Roman Podpora
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    Indicators
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    Indicators
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    Experts
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    Experts
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    Indicators
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    4 (1)
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    Utilities
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    Stephen Reynolds
    Indicators
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    Indicators
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    Stephen Reynolds
    Utilities
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    Stephen Reynolds
    Indicators
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    Stephen Reynolds
    Experts
    Triple X Scalper is based on 3 types of triangular price patterns along with some volume analysis. It also must be traded at the times in day when the market is most active. The method is inspired by some of Linda Bradford Raschke's trading techniques.  The 3 price patterns are as follows :  System 1 Inside Bar = Looks for a volume spike followed by the inside bar formation. Also known as my indicator 3 Bar Break.  System 2 Triangle by Fractal = Looks for when the 2 previous highest and low
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    Stephen Reynolds
    Experts
    DESCRIPTION 3 Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the previous bar's High is less than the 3rd bar's High as well as the previous bar's Low to be higher than the 3rd bar's Low. It then predicts the market might breakout to new levels within 2-3 of the next coming bars. Must also be traded during the active hours of the market you want to trade. EG EURUSD 7am - 5pm This
    Hi Lo Breakout
    Stephen Reynolds
    Experts
    A system with steady ROI > 10% a month like clockwork!  Hi Lo Breakout strategy opens and closes trades based on the time of day in relation to the highs and lows of both yesturday and today. It will then trade out these prices using the trade management settings within user inputs.    For best results see .set file at comment  no2 . Features : A purely mechanical system. Simply set and leave. No martingale or grid.    Risks are small per trade.   An optional automatic lot adjustment feature t
    The Midnight Scalper
    Stephen Reynolds
    Experts
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    3 (1)
    Indicators
    This indicator is based on Linda Bradford Rashkes First Cross system. Normally trend based systems follow the trend from beginning to end, but this indicator instead selects a piece of the trend. This approach can be a very reliable alternative way of trading a trend. It waits for the 1st move to become exhausted then enters in anticipation of a sudden surge. The trend if found using a faster momentum indicator. When we get a cross on the 2nd oscillation we get our signal. Hence we capture
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    Version 1.1 2023.05.10
    1. Improved panel to include take profit and stop loss levels

    2. Added more detail to the chart. Such as take profit levels with profits and losses made on each trade now shown on chart