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Target Hunter

The indicator determines the most important component of any trading system - the possible exit point from the transaction.

As the price moves, depending on the market situation, the indicator builds goals.
The target becomes relevant when the price starts moving towards the target.
If the movement is strong, then it may take a certain number of targets to stop or reverse price. The accumulation of targets is most likely able to stop the price.
Some goals are executed several times.

But the chart clearly shows that these goals have a serious deterrent factor, and, accordingly, are the points for a reasonable closing of the position.

The indicator does not redraw.

The indicator has a system of alerts (triggered when a new target appears): a beep, an email, a message to the mobile terminal, a standard alert.

The indicator has a table for easy selection of parameters (does not work in the tester).
The size of the table depends on the font size of the table selected in the settings.
The parameter selection table can be dragged with the mouse.


Settings

 

group Main Settings - main settings : 

  • History_Size - the size of the displayed history.
  • Number Extremums - the number of extremums for calculating the goal.
  • Number Movements - number of movements to calculate the goal.
  • Min Target - minimum goal size (in pips).
  • Intermediate Target - hide/display intermediate goals.

Other groups of settings:

  • settings group "Settings" - table settings for selecting parameters.
    STEP_for_filter_period - step of changing parameters: Number Extremums, Number Movements, Min Target.
  • settings group "Tags of Targets" - goal labels settings.
  • settings group "Notification" - settings for enabling/disabling different types of notifications.
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Indicadores
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Indicadores
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Indicadores
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Utilidades
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Versión 1.1 2021.10.24
general improvements