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Sonar Mechanic

5
Sonar Mechanic indicator.
Contact me after purchase to receive my template and SonarHistogram balance of power indicator for free!

   The Sonar Mechanic indicator is a really working indicator, because it works simultaneously on three author's algorithms that correctly determine the trend and counter-trend signals for market entry. 

The indicator works on all assets and timeframes.

Indicator guide here: https://www.mql5.com/en/blogs/post/750128

  On gold and currency pairs, it gives good signals on the timeframe M1, M5 and M15, which allows scalping and making dozens of deals a day. This, in turn, provides valuable trading experience, because you will not get such experience performing only a few deals a week.

 This indicator is ideal for beginners because they often do not have much initial capital, and scalping can provide a good dynamics of deposit increase like no other strategy.

 You probably know many indicators on the market, giving weak and unclear signals that are difficult to trade with and impossible to provide any positive results. 

 But Sonar Mechanic indicator is devoid of these disadvantages. With its help, you will have an advantage over the market, because the quality of the signals of the indicator will make it possible. Your trading will become confident, calm and pleasant.

Important! In the MT4 tester, it is impossible to call the multifunctional panel on the chart, this can only be done on a real chart.

   Advantages of the Sonar Mechanic indicator:

  •   does not redraw graphic elements, does not remove or move signals. If a signal appears on the chart, then it will remain there in the same place forever.
  •   the indicator shows three types of signals:
  1.      countertrend - CNTR, this is the earliest signal for a possible market reversal.
  2.      early trend - RTR, the indicator shows this signal when the market expresses a desire to turn in the opposite direction.
  3.      the basic trend line is BTR, this signal is shown by the indicator on pullbacks with a clear price movement in one direction.
  •   each of the three indicated signals can be disabled in the indicator settings. If desired, you can choose one type of signals for trading.
  •   Sonar Mechanic can work as a multi-currency indicator, simultaneously showing signals on all selected timeframes. This feature is optionally enabled in the Show Panel variable settings.
  •  Using this indicator, you can trade all available assets with any broker in the MT4 terminal.
  •   You can look at the indicator signals on history and evaluate how the signals worked out in the past in order to understand what profit could be. They are exactly the same as they were in real time.
  •   Automatic Alerts: shows a signal as an arrow, has an alert, sends a push notification to a mobile device or an email alert.
Indicator settings What the variable is responsible for
Risk Mode Select the indicator operation mode
CNTR on/off countertrend signals
RTR enable/disable early trend signals
BTR on/off trend signals
LenghtGU Draw length for a new bullish or inter-bracket level
GU Diff Level line thickness
GU Filter on/off filter to define a new bullish or bearish level
Max Count History depth in bars for displaying signals and drawing price channels
Multi signals enable/disable display of a series of countertrend signals (CNTR signals)
Show Panel Call to the chart of the multifunctional panel
Timeframes What timeframes the multifunctional panel will monitor for signals
 Simbols  A set of assets for monitoring by a multifunctional panel
Font Correction Font size in the cells of the multifunction panel
Show Alert Show alerts in a pop-up window
Send Mail Send new signal messages to mailbox
Send Push Sending push notifications about a new signal to the MT4 mobile application
Panel X Panel indent horizontally from the left border of the chart window
Panel Y Vertical offset of the panel from the top border of the chart

My step-by-step guide with concrete examples of all signal options will show you how to work with the indicator in the best way, even if you are doing it for the first time.

 





Reviews 2
AndreyMillioner
25
AndreyMillioner 2022.11.09 14:56 
 

Отличный индикатор для скальпинга в умелых руках. +410$ за три дня.

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Solomon Ola
247
Solomon Ola 2023.05.30 09:19 
 

User didn't leave any comment to the rating

Mykola Masalov
548
Reply from developer Mykola Masalov 2023.05.30 11:22
Hello! Sent in private messages. Thank you!
AndreyMillioner
25
AndreyMillioner 2022.11.09 14:56 
 

Отличный индикатор для скальпинга в умелых руках. +410$ за три дня.

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Version 2.2 2023.07.27
Version 2.02 added the N Signals variable. It limits the number of signals in one direction for each channel - working and GP channel.
This is done in order not to overload the chart with a large number of signals. And often the first signals are the most successful.
Resets the counter of the opposite signal.
Maximum variable value = 3
By default, 2 signals are enabled in one direction from each channel.
If you set the value of the variable N Signals = 0, then the signal limiting function will be disabled and the indicator will show all signals.
By default, the GP channel is disabled.
To observe the GP channel and its signals on the chart, enable Show GP Channel = true in the indicator settings.
Version 2.1 2022.12.28
The updated version is now correct
alerts and sending messages about signals work.
An additional trend filter is also installed, the Filtr GP Channel variable is responsible for this. It is enabled by default. Now the indicator will show buy signals when the working channel crosses or is above the GP channel. For sell signals, the situation with the channels will be mirrored.
Version 2.0 2022.09.16
В новой версии индикатора стало возможным одновременно совмещать два рабочих канала на одном графике с одного индикатора, благодаря чему теперь торговые сигналы можно получать одновременно от двух каналов - рабочего канала и GP канала.
Такое техническое решение задачи значительно упрощает получение торговых сигналов и улучшает визуальное восприятие ситуации на ценовом графике.