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Extreme point

The Extreme point indicator helps in determining the probable price reversal points on the chart.

The indicator facilitates the search for points to enter the market with greater accuracy. The indicator displays certain impulses, after which there is a high probability of the price continuing its movement in the same direction.

The indicator can be used in conjunction with other indicators for a more accurate detection of the position entry points. The indicator can also be used independently.

For example: the indicator can be used with the conventional Moving Average with a period of 200 to determine the trend. In this system, the buy signals are considered when the price is above the MA 200 (uptrend), while the sell signals are ignored. Similarly, the sell signals are considered when the price is below the MA 200 (downtrend), while the buy signals are ignored.

This indicator is able to work on any timeframe and any currency pair. However, it is recommended to use a timeframe from M5 to W1 (from five-minute to weekly).

You can also use different timeframes simultaneously to obtain stronger signals or to confirm a signal on the other timeframes. The ideal situation is when a signal is generated in the same direction on multiple timeframes, this signal is the strongest. And the potential profit from a trade based on this signal is increased.


Indicator Parameters

  • Period 1 - period used for the indicator calculation. Suitable values are from 1 to 30.
  • Period 2 - period used for the indicator calculation. Suitable values are from 1 to 20.
  • Period 3 - period used for the indicator calculation. Suitable values are from 1 to 10.
Decisions on entering a trade should be made only after a bar (candle) closes.
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Presentamos ON Trade Waves Patterns Harmonic Elliot Wolfe, un indicador avanzado diseñado para detectar diversas formas de patrones en el mercado mediante métodos tanto manuales como automáticos. A continuación, te explicamos cómo funciona: Patrones Armónicos: Este indicador puede identificar patrones armónicos que aparecen en tu gráfico. Estos patrones son esenciales para los traders que practican la teoría del trading armónico, tal como se popularizó en el libro de Scott Carney "Harmonic Tradi
Currency Strength Matrix
Raymond Gilmour
4.5 (26)
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
Shepherd Harmonic Pattern
Abdullah Alrai
4.65 (49)
Este indicador detectará patrones armónicos que se dibujen en el gráfico mediante métodos manuales y automáticos. Puede consultar el manual del usuario en el siguiente enlace: Agregue su opinión y contáctenos para obtenerlo Existe una versión gratuita para probar este producto en mt4. Puede utilizarlo para detectar patrones de Gartley y Nenstar: https://www.mql5.com/en/market/product/30181 Puede comprar la versión completa de MT4 en: https://www.mql5.com/en/market/product/15212 Notas El indicad
Alright. This indicator works on MT4 and is very easy to use. When you receive a signal from it, you wait for that candle with the signal to close and you enter your trade at the beginning of the next new candle. A red arrow means sell and a green arrow means buy. All arrows comes with Popup Alert like for easy identification of trade signal. Are you okay with that?   100% non repaint Work All Major currency  Pair,  1 minute time frame 1 minute expire
Bomb Bank Signal
Igor Pereira Calil
5 (1)
Señal de Bomb Bank: su indicador de confianza en MetaTrader 4 Bomb Bank Signal es un poderoso indicador para MetaTrader 4, diseñado para identificar las tendencias más relevantes en el mercado financiero. Si buscas una herramienta que anticipe los movimientos con precisión, el Bomb Bank es el aliado que necesitas. Cómo funciona: Este indicador combina tres métodos distintos (análisis de volumen, cierre de velas y tendencia simétrica) para detectar y señalar oportunidades de compra y venta
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It is an automatic system that is optimized and ready to use. The EA uses averaging of loss-making positions and the martingale system if the price goes against the direction. The EA opens orders in a particular direction, so that in case of unfavorable development of the situation on the market, it can close a series of deals at the minimum price retracement. The strategy is pretty good. This is a scalper, hence makes a large number of transactions. This is a fully automatic system, but it can
This is an optimized and ready-to-use automated trading system. A market entry is performed at a certain time on a quiet market. When certain conditions are met, a trade is closed. As a rule, a profit is small. The EA features SL to manage losses. The EA is recommended for use on currency pairs and M5 timeframe. Before using on a live account, it is recommended to test the EA in the strategy tester in the terminal. The EA operation requires a broker with minimum spread and minimum or no commissi
Actual Levels
Ilya Fomin
4 (1)
The indicator shows significant support and resistance levels. When the price approaches these levels, it in some way responds either to the levels themselves, or to the areas that are near these levels. These levels can be viewed as potential reversal zone. Accordingly, the levels can be used for performing trading operations or closing previously opened positions. For example You can buy if the price rolls back from the support level upwards, or sell if the price rolls back from the resistan
Smart Line is a trend indicator. It helps you find trend reversal points. This trading strategy is designed for trend trading. The indicator algorithm accurately determines the trend on various trading instruments, at different time intervals. The Smart Line indicator can be used as an additional tool, or as the main one. The color of the indicator lines changes depending on the current trend, as well as built-in indicators of possible entries in the position, indicated by arrows. Paramet
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Versión 1.1 2017.12.08
Performed optimization.