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KT Momentum Arrows MT5

5

KT Momentum Arrows Indicator is based on a momentary breakout which is calculated using the bands deviation and emerging volatility in a certain direction.

A buy signal is generated when the price closes above the upper band and a sell signal is generated when the price closes below the lower band.

A magnitude coefficient is used as the input which affects the band deviation and volatility at the same time. The coefficient value should be carefully selected and analyzed based on the instrument and time frame.

MT4 version of the same indicator is available here KT Momentum Arrows MT4


Key Features

  • No Repaint!
  • A great entry tool for momentum traders.
  • Performance analysis elements such as Win/Loss, Success rate, Avg. Profit etc.
  • Suitable for Day Traders, Swing Traders, and Scalpers.

Input Parameters

  • History Bars: Number of bars to use for indicator data calculation.
  • Magnitude Coefficient: A single coefficient to adjust the band deviation and volatility measurement.
  • Performance Analysis: Show/hide performance analysis including the profit trend lines. 
  • Alert Settings: Pop up, Email, Push notifications and Sound alerts are available.
  • Rest of the inputs are self-explanatory.

EA Developers

// Defining Arrays

double Buy_Signal[];
double Sell_Signal[];
double Upper_Band[];
double Lower_Band[];

// Indicator handle

int KT_Momentum_Arrows_Handle = iCustom(_Symbol,0,"Market/KT Momentum Arrows");

// Copying buffers into the arrays

CopyBuffer(KT_Momentum_Arrows_Handle,0,1,1,Buy_Signal);
CopyBuffer(KT_Momentum_Arrows_Handle,1,1,1,Sell_Signal);
CopyBuffer(KT_Momentum_Arrows_Handle,2,1,1,Upper_Band);
CopyBuffer(KT_Momentum_Arrows_Handle,3,1,1,Lower_Band);

// Detecting the buy/sell signals

if(Buy_Signal[0]!=0)
 {
  // Do something with buy condition
 }

if(Sell_Signal[0]!=0)
 {
  // Do something with sell condition
 }

Comentarios 3
elkonsis
240
elkonsis 2021.09.17 16:06 
 

Best indicator I've ever bought.

Also, the author is very involved.

Evren Caglar
3603
Evren Caglar 2020.06.17 16:51 
 

I am using for some time. Overall I liked it very much. It can be used on any pair. When it shows an arrow, it is a sign for buy or sell. Success rate is above 90% of all pairs I have used. However, entering trade is a little bit tricky. I usually wait for price retrievals to enter a trade. Do not be in a hurry to enter also do not forget to decide how to exit.

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Marzena Maria Szmit
5 (4)
Indicadores
The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal
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Eduardo Da Costa Custodio Santos
5 (1)
Indicadores
## Si no puede usar la versión de demostración, contáctenos por mensaje. ## Opere profesionalmente usando WAPV Full y sea capaz de rastrear ¿Dónde está el dinero de los grandes jugadores? Imagina que tienes en tus manos una herramienta que solo hace la lectura de los principales jugadores del mercado, mostrando las mejores regiones comerciales basado en el análisis de Precio y Volumen. WAPV Full es una herramienta completa, 100% enfocada a la operativa de R. Wyckoff Además de mapear los mov
PZ Lopez Trend MT5
PZ TRADING SLU
Indicadores
Este indicador sigue la tendencia del mercado con una confiabilidad inigualable, al ignorar las fluctuaciones repentinas y el ruido del mercado. Ha sido diseñado para intercambiar gráficos intradía de tendencia y plazos pequeños. Su relación ganadora es de alrededor del 85%. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Increíblemente fácil de comerciar Encuentra situaciones de sobreventa / sobrecompra Disfrute de operaciones sin ruido en to
Volume by Price MT5
Brian Collard
3.25 (4)
Indicadores
The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, positio
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Noha Mohamed Fathy Younes Badr
5 (1)
Indicadores
Order block hunter indicator is the best indicator for  hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a
Satoro mt5
Mykhailo Lozhkin
5 (1)
Indicadores
An indicator based on time-tested trading methods that gives a signal that the market is overbought or oversold in a certain period of time The indicator does not disappear when it appears, easy to use Suitable for any trade It can be used on any currency pair or crypto He performed best in the period H1,H4,daily After the purchase, you will also receive a seller's template with settings The seller uses it more for trading on cryptocurrency After the purchase, I also keep in touch
ON Trade Gann Squares MT5
Abdullah Alrai
5 (1)
Indicadores
El Indicador de Cuadrados de Gann es una herramienta poderosa de análisis de mercado basada en el artículo "Fórmula Matemática para Predicciones de Mercado" escrito por W.D. Gann, que se basa en conceptos matemáticos para el análisis. Incorpora elementos de las técnicas de Gann relacionadas con los cuadrados de 144, 90 y 52, así como el cuadrado de 9. Además, incluye el método del  sobre cómo combinar el cuadrado de 9 con canales y patrones de estrellas. Manual del Usuario y Modo de Uso: Antes d
FX Market Correlation
Igor Pokorni
5 (2)
Indicadores
FX Market Correlation indicator calculates the weakness/strength from all 28 currency pairs in the market. This is unique and powerful way of watching the market. It works on all timeframes. You can use it for scalping, or you can use it for long term trading. FX Market Correlation indicator is NOT repainting. Features: --------- -easy determine which currency is strengthening and which is weakening -choose best currency pairs to trade and times to trade them -find correlation between pairs -N
ASPCT Boom Crash Pandora
Petr Zharuk
3 (2)
Indicadores
Scalping Tool for Deriv Description: This trading indicator is designed for traders specializing in scalping. It provides signals for trading in the direction of short-term price movements. The indicator is optimized for use on the M1 timeframe and supports Boom and Crash indices (300, 500, 1000). The indicator will be sold in a limited quantity. Features: Trading direction: towards short-term price movements. Filters and indicators: Reaction volume indicator: displays activity zones. Trend i
Stargogs Spike Catcher
Lorenzo Edward Beukes
4.5 (8)
Indicadores
Stargogs Spike Catcher V3.12 This Indicator is Developed To milk the BOOM and CRASH indices . Send me Message if you need any help with the indicator.  CHECK OUT THE STARGOGS SPIKE CATCHER EA/ROBOT V3: CLICK HERE ALSO CHECK OUT SECOND TO NONEFX SPIKE CATCHER:   CLICK HERE STARGOGS SPIKE CATCHER V3.12 WHATS NEW! Brand New Strategy. This is the Indicator you need for 2023. The Indicator Gives you an Entry at a time when conditions are met enter on every arrow and exit when it gives an X. New Tren
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elkonsis
240
elkonsis 2021.09.17 16:06 
 

Best indicator I've ever bought.

Also, the author is very involved.

Evren Caglar
3603
Evren Caglar 2020.06.17 16:51 
 

I am using for some time. Overall I liked it very much. It can be used on any pair. When it shows an arrow, it is a sign for buy or sell. Success rate is above 90% of all pairs I have used. However, entering trade is a little bit tricky. I usually wait for price retrievals to enter a trade. Do not be in a hurry to enter also do not forget to decide how to exit.

OLIVER GYILA
2460
OLIVER GYILA 2020.03.13 15:17 
 

El usuario no ha dejado ningún comentario para su valoración

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Versión 3.0 2022.07.19
- Added drag n drop MTF scanner and MTF alerts.
- Bugs squashing.
Versión 2.3 2021.09.23
- Symbol and Time-frame information added to the alerts.