Market / MetaTrader 5 / Indicators /

Retracement Pip Catcher MT5

47 USD

Demo downloaded: 68

Published: 12 May 2022

Current version: 1.5

Retracement Pip Catcher MT5

Indicators
Christopher Graham Parish
Version: 1.5
Updated: 20 October 2022
Activations: 10

Buy and Sell Arrows when price is about to retrace.

It Also Sends Alerts –

On MT5
To Your Phone
To Your Email
Does not repaint.
Works ony any pair, any timeframe.
10 Activations allowed so you are free from limitations
See an example of alerts from today (23 May 2020) using this and 2 other indicators here.

MT4 Version here.

Spreads from 0.1pip RAW/ECN Accounts, click here.

Check out my Waka Esque EA signal here: >> High Risk Settings or Medium Risk Settings.

What is a Retracement and why is it important to you?

As you know, the market goes through phases of trend and retracement.

Price can only move so far in one direction before there is a small "correction" or "retracement" in the opposite direction.

The Retracement Pip Catcher alerts you when this is about to happen. This means you can catch these small movements.

But if they are small movements, can you make a profit?

Yes - even though the movements are small, the stop losses are also small and the reward to risk can be very high.

Of course, you will not win every trade, but if you only take trades with a minimum reward to risk of 3:1, the you only need to win 1 out of 4 to breakeven.

Please see the video below for How to Trade with the Retracement Pip Catcher.

Please remember that when you trade using this indicator that these are retracements. They are counter-trend. Your profit target should only be a few pips compared to the move just before the signal.

Do not be greedy.

Do not trade close to Major News Events.

Using Retracement Pip Catcher should be a part of every Trader’s strategy.

Works very well in conjunction with the Trend Continuation Alerts Indicator.

Obviously, this indicator will not predict all the retracements all the time – the markets are unpredictable – otherwise we would all be successful all the time.

This is still Forex and you will not win every trade. Practice on Demo before trading with live money and always use good money management.

Please feel free to message me if you have any questions.

SETTINGS:

See How To Get The Best Signals Here

Just set the time you want it to start and stop giving signals; and if you want the different types of alerts.

Version 1.3 Added the seting "MinTrendSize".

This allows you to set the minimum number of pips the trend must be before a retracement.

Obviously this will be larger for higher timeframes and will depend on the time of day you are trading.

See comment #2 for a video on how it compares to version 1.0.

- Please make sure you adjust the settings for the timeframe and pair you are trading.

- Let me know if you need any help.

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!! FLASH SALE !! Over 80% off !! For ONE week only. Now only $47 - normally $297! >>> Ends on 30 June 2023 - Don't miss it! Buy and Sell Arrows when price is about to retrace. It Also Sends Alerts – On MT4 To Your Phone To Your Email Does not repaint. Works ony any pair, any timeframe. 10 Activations allowed so you are free from limitations See an example of alerts from today (23 May 2020) using this and 2 more of my indicators here . MT5 Version here . Spreads from 0

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Get The Most Out Of Your Trades! Spreads from 0.1pip RAW/ECN Accounts, click here . No More Sitting And Watching Your Trades All Day! Have you ever … ??? Had a trade go into good profit only to turn round and lose? Had a trade where you could have got more profit because your Take Profit was too tight? Wondered how to get the most out of your trades in a trend? Of course! We all have! Before, you had to sit and watch your trades … and trail by … A fixed amount of pips – easily done on

47 USD

Buy and Sell Arrows On The Chart According To Price Action Sends Alerts On MT4 To Your Phone To You Email Does NOT repaint. Works on any pair, any timeframe. 10 Activations allowed so you are free from limitations. MT5 Version here . For spreads from a tiny 0.1pip RAW/ECN Accounts, click here . Check out my Waka Esque EA signal here: >> High Risk Settings or Medium Risk Settings . When you get a signal, all you need to do is check the previous structue highs and lows to use as

47 USD

!! FLASH SALE !! Over 80% off !! For ONE week only. Now only $47 - normally $297! >>> Ends on 30 June 2023 - Don't miss it! Buy and Sell Signals Directly Onto Your Charts. It couldn't be EZ-er! Aslo Gives Alerts – On Your MT4 To Your Phone To Your Email. Does not repaint! This couldn't be EZ-er to use - just drag it onto your chart (any timeframe, any pair) set the time of day you want signals and where you want alerts, and wait for the signals. Spreads from 0.1pip RAW/ECN Acc

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Buy and Sell Arrows when price breaks away from mean price. Sends Alerts – On MT4 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT5 Version Here For spreads from a tiny 0.1 pips RAW/ECN Accounts, click here . Check out my Waka Esque EA signal here: >> High Risk Settings or Medium Risk Settings . What Is The Meaning Of Mean Reversion? Mean reversion, or reversion to the mean, is

47 USD

!! FLASH SALE !! Over 80% off !! For ONE week only. Now only $47 - normally $297! >>> Ends on 30 June 2023 - Don't miss it! Buy and Sell Alerts when price breaks out following strict price action. Sends Alerts – On MT4 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT5 Version Here For spreads from a tiny 0.1 pips RAW/ECN Accounts, click here . Check out my Waka Esque EA sig

47 USD

!! FLASH SALE !! Over 80% off !! For ONE week only. Now only $47 - normally $297! >>> Ends on 30 June 2023 - Don't miss it! Sends Alerts – On MT4 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT5 Version Here For spreads from a tiny 0.1 pips RAW/ECN Accounts, click here . Check out my Waka Esque EA signal here: >> High Risk Settings or Medium Risk Settings . What Is An

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*** Introductory Offer! *** Ends soon - do not miss it! The Price Break Alerts Indicator is part of my suite of Price and Trendline Alerts Indicators . I'm excited to introduce the Price Break Alerts Indicator – part of my new suite of Price and Trendline Alert Indicators – fantastic tools designed to alert you of any significant prices in the markets you trade. With this indicator, you can set up to 4 price alerts on any asset, allowing you to quickly spot any significant price breakouts,

47 USD

*** Introductory Offer! *** Ends soon - do not miss it! The Close Above or Below Price Indicator is part of my suite of Price and Trendline Alerts Indicators. I'm excited to introduce the Close Above or Below Price Indicator – part of my new suite of Price and Trendline Alert Indicators – fantastic tools designed to alert you when candles close above or below significant prices in the markets you trade. With this indicator, you can set up to 4 price alerts on any asset, allowing you to quic

47 USD

*** Introductory Offer! *** Ends soon - do not miss it! The Price Rejection Alerts Indicator is part of my suite of Price and Trendline Alerts Indicators. I'm excited to introduce the Price Rejection Alerts Indicator – part of my new suite of Price and Trendline Alert Indicators – fantastic tools designed to alert you when candles close above or below significant prices in the markets you trade. With this indicator, you can set up to 4 price alerts on any asset, allowing you to quickly spo

47 USD

*** Introductory Offer! *** Ends soon - Price will increase - do not miss it! This EA Closes ALL open trades ( with the same magic number on that same pair ) at a certain level of profit - either in money or in percentage of balance. So if you have multiple trades open, you can choose to close them all as one "basket" using this EA. For spreads from a tiny 0.1 pips RAW/ECN Accounts, click here . Check out my Waka Esque EA signal here: >> High Risk Settings or Medium Risk Settings .

47 USD

Collects Your Pips And Protects Your Equity. Run several EA's on several pairs and several timeframes - and monitor them all in one place! Automatically Opens Your Charts (Containing Your EAs Templates) And Starts Trading Each Day At A Time Set By You. You Set The Overall Profit Traget And Maximum Allowed Drawdown. This includes Swap Fees and Commissons. Then This EA Automatically Closes Your Charts and Trades When Target Profit Is Reached. or Automatically Closes Your Charts and Tr

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!! FLASH SALE !! Over 80% off !! For ONE week only. Now only $47 - normally $297! Buy And Sell Arrows On The Chart When The Trend Is About To Continue. Sends Alerts – On MT5 To Your Phone To Your Email. Does not repaint. Works on any pair, any timeframe. (Just ajust the settings for your pair and timeframe.) 10 Activations allowed so you are free from limitations See an example of alerts from today (23 May 2020) using this and 2 other indicators here . MT4 version here.

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!! FLASH SALE !! Over 80% off !! For ONE week only. Now only $47 - normally $297! >>> Ends on 30 June 2023 - Don't miss it! Buy And Sell Signal Arrows On The Chart When The Price Is About To Reverse. Also Sends Alerts –On MT5 To Your Phone To Your Email. Does not repaint. Works on any pair, any timeframe. (Just ajust the settings for your pair and timeframe.) 10 Activations allowed so you are free from limitations MT4 version here . Spreads from 0.1pip RAW/ECN Acco

47 USD

Marks Market Imbalance / Improper Price Action / Fair Value Gaps on The Chart As traders continue to search for the best trading indicators to guide their investments, the I mbalance / I mproper P rice A ction / F air V alue G ap I ndicator has become increasingly popular. This indicator helps to identify opportunities for taking profit . The indicator begins by scanning the markets for imbalance-improper price action events, allowing traders to immediately see when markets are not functioning

47 USD

!! FLASH SALE !! Over 80% off !! For ONE week only. Now only $47 - normally $297! >>> Ends on 30 June 2023 - Don't miss it! Buy and Sell Arrows On The Chart According To Price Action Sends Alerts On MT5 To Your Phone To You Email Does NOT repaint. Works on any pair, any timeframe. 10 Activations allowed so you are free from limitations. MT4 Version here . For spreads from a tiny 0.1 pips RAW/ECN Accounts, click here . Check out my Waka Esque EA signal here: >> High Ri

47 USD

!! FLASH SALE !! Over 80% off !! For ONE week only. Now only $47 - normally $297! >>> Ends on 30 June 2023 - Don't miss it! Buy and Sell Arrows when price breaks away from mean price. Sends Alerts – On MT5 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT4 Version Here For spreads from a tiny 0.1 pips RAW/ECN Accounts, click here . Check out my Waka Esque EA signal here: >>

47 USD

!! FLASH SALE !! Over 80% off !! For ONE week only. Now only $47 - normally $297! >>> Ends on 30 June 2023 - Don't miss it! Buy and Sell Alerts when price breaks out following strict price action. Sends Alerts – #On MT5 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT4 Version Here For spreads from a tiny 0.1pip RAW/ECN Accounts, click here . Check out my Waka Esque EA sign

47 USD

Order Block Finder Sends Alerts – On MT5 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT4 Version Here Spreads from 0.1pip RAW/ECN Accounts, click here . Check out my Waka Esque EA signal here: >> High Risk Settings or Medium Risk Settings . What Is An Order Block? An Order Block (or Banker Candle, or Institutional Candle) is an opportunity to get very high risk to reward

47 USD

*** Introductory Offer! *** Ends soon - Price will increase - do not miss it! This EA Closes ALL open trades (with the same magic number on the that pair) at a certain level of profit - either in money or in percentage of balance. So if you have multiple trades open, you can choose to close them all as one "basket" using this EA. For spreads from a tiny 0.1 pips RAW/ECN Accounts, click here . Check out my Waka Esque EA signal here: >> High Risk Settings or Medium Risk Settings . Se

47 USD

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Version 1.5 2022.10.20

Improved Signals

Version 1.4 2022.07.06

Improved Signals, More Signals

Version 1.3 2022.05.16

Minor improvememnt for more accuracy.

Version 1.1 2022.05.16

Added an input "MinTrendSize" so you can enter the smallest number of pips you want the trend to be before a retracement.
It gives more accurate signals.