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Correct Entry mt5

The Correct Entry indicator displays specific relatively correct points of potential market entries on the chart. It is based on the hypothesis of the non-linearity of price movements, according to which the price moves in waves. The indicator displays the specified points based on certain price movement models and technical data.


Indicator Input Parameters:

  • Сorrectness – The parameter characterizes the degree of accuracy of the entry signals. Can vary from 0 to 100. The default is 100. Accuracy of signals decreases with the decrease of the parameter, but their numbers are increasing.
  • Alert – you can set an alert when a signal appears. On – display alert, Off – no alert. Default value is False.

To get correct entry points we recommend the following:

  1. Adjust parameters for each traded pair and timeframe;
  2. First, get a signal on a higher timeframe (for example, H1), then wait for a similar signal on a lower timeframe (for example, M5).
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Indicadores
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Versión 21.111 2021.11.20
Updated for a new build for stable operation.