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CrossPoint5

CrossPoint5 is an indicator that helps novice traders.

In addition to the standard "Crosshair" function (Ctrl + F), CrossPoint5 will show you how to set the StopLoss and TakeProfit levels correctly, taking into account the minimum allowable level, calculate the number of points between two points and convert this into the currency of the account, taking into account the expected lot of the transaction.

Sometimes, when opening a deal, a novice trader completely forgets about the spread. After all, the Ask line is disabled by default, and on instruments, especially with a large spread, the difference between the apparent level of the current price and the actual opening of an order is surprising.

Using the CrossPoint5 indicator, you can assess the situation on the chart in real time, determine the points for the StopLoss and TakeProfit levels, and estimate profits or losses based on the selected lot.

CrossPoint5 can freely work in conjunction with other indicators, experts, and scripts. The indicator activation button is installed in any of the four corners of the chart screen. For convenience, the color of the line, crosshair, information block, and price tags can be adjusted when turned on or changed during use. 

The indicator works in 2 modes:

1) "Freeze" - false: Each click of the left mouse button moves the starting point to the new coordinates. This mode is mainly needed for a preliminary assessment of the schedule.

2) "Freeze" - true: When activated (by pressing the "ON" button in the corner of the graph), the first left mouse click sets the starting point for the calculation. The second click on the left mouse button sets the second point and freezes the price tags and markers of the Buy (Ask line), Sell (Bid line), as well as StopLoss and TakeProfit levels.

In both modes, information about the number of points, lot and profit is displayed at the left edge of the chart at the level of the endpoint of the dotted line.

Deactivation, as well as defrosting, is performed by pressing the button in the corner of the graph or by pressing the "Esc" button on the keyboard.

As mentioned above, the indicator takes into account the minimum "STOPS_LEVEL" distances for each chart. Therefore, if there are no "TP" and "SL" price tags at the end point of the dotted line, it means that at this level it will be impossible to set the StopLoss or TakeProfit of the deal opening price corresponding to the starting point of the dotted line.


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Mohamed Hassan
5 (1)
Enjoy a   50% OFF   Christmas holiday sale!   After your purchase, feel free to contact me for more details on how to receive a bonus indicator called VFI, which pairs perfectly with Easy Breakout for enhanced confluence!     Easy Breakout MT5   is a powerful price action trading system built on one of the most popular and widely trusted strategies among traders: the   Breakout strategy ! This indicator delivers crystal-clear Buy and Sell signals based on breakouts from key support and resis
This indicator scans for you up to 15 trading instruments and up to 21 time frames for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double Tops/Bottoms with fake breakouts . For double tops with fake breakouts the highest price of the right shoulder must be higher than the left shoulder. For double bottoms with fake breakouts the lowest pric
PZ Swing Trading MT5
PZ TRADING SLU
5 (5)
Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $135! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
5 (6)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
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CrossPoint4
Denis Trubachev
CrossPoint4 is an indicator that helps novice traders. In addition to the standard "Crosshair" function (Ctrl + F), CrossPoint4 will show you how to set the StopLoss and TakeProfit levels correctly, taking into account the minimum allowable level, calculate the number of points between two points and convert this into the currency of the account, taking into account the expected lot of the transaction. Sometimes, when opening a deal, a novice trader completely forgets about the spread. After
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