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Abiroid ProfitPercent Arrows MA Confluence

5

Profit Percent Series 2

The scanner dashboard available here (for Free):

And read detailed information about MA Confluence here:

https://www.mql5.com/en/blogs/post/747474


Here's a post about Common Settings for all Profit Percent Series Indicators:

https://www.mql5.com/en/blogs/post/747456


Strategy:

Main Signal Indicators (Any One): MA Cross (In-built) or Hull, OBV Cross, Heiken Ashi Cross

Validation Indicators (Preferably less than 3): OBV (with Min Distance), Heiken Ashi, ADX, SuperTrend, PSAR, Higher TimeFrame EMA Alignment

Main Signal will first generate a BUY/SELL Signal when:

If MA Cross True:

- BUY: Fast MA crosses Slow MA upwards
- SELL: Fast MA Crosses Slow MA Downwards

    If OBV Cross True:

    -  BUY: OBV Crosses OBV-MA upwards
    -  SELL: OBV Crosses OBV-MA downwards

      If Heiken True:

      -  BUY: Heiken Changes from Bearish to Bullish
      -  SELL: Heiken Changes from Bullish to Bearish

        If MA Cross is true and OBV Cross and Heiken are also True, it will only use MA Cross as Main Signal. While OBV and Heiken will be used as Validating Signals.

        There can be only 1 Main Signal which will generate the BUY/SELL Arrows. All other indicators will be used for validation only.


        Once a BUY/SELL Signal is generated, it will check all validating indicators and see if they also indicate a BUY/SELL.

        If they don't validate, then signal is ignored. Or else if everything is in Confluence then you will get a BUY or SELL Arrow and SL and TP lines will be generated.

        All Signal Settings:

        MA Cross Checks (Main Signal)

        -  MA (In-Built with MT4)
        -  Hull MA

          OBV Cross Check (Main or Validation)

          In Dashboard, for MinOBVDist (Minimum OBV Distance) you can also set different values for different timeframes. This will also work in Arrows Indicator.

          It's useful in arrows because you might want to save a common template that the dash will open. And would like all values to be preset.

          OBV-MA: Is the Moving Average of "OBV_MA_Period" number of last OBV Values. Using "OBV_MA_method" Moving Average Method.

          BUY: OBV should be at least Min Distance above OBV-MA

          SELL: OBV should be at least Min Distance below OBV-MA

          Heiken Cross Check (Main or Validation)

          BUY: Heiken should be Bullish

          SELL: Heiken should be Bearish

          ADX (Validation):

          ADX should be above Threshold for both BUY and SELL

          BUY: +DI should be above -DI

          SELL: -DI should be above +DI

          SuperTrend (Validation)

          BUY: SuperTrend should indicate Buy (Blue)

          SELL: SuperTrend should indicate SELL (Orange)

          PSAR (Validation)

          BUY: PSAR dot should be under the price

          SELL: PSAR dot should be above the price

          EMA Higher Timeframe Align (Validation)

          If Number of timeframes is 3, it will check current timeframe alignment with 2 higher timeframe alignment.

          If all are aligned with Main Signal, then it will allow the signal.

          Avis 1
          Paulina Andrea Madariaga Figueroa
          4157
           

          I don't understand how this indicator is not so popular. All of this author's products are fantastic.

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          This strategy is useful for small timeframe scalping and binary options. Best timeframes: M5,M15,M30 M1 timeframe is too unpredictable. So be careful with that. Read Detailed Description and Get All: - Free Demo - Free Scanner - Extra Indicators ex4 files from https://abiroid.com/product/abiroid-donchian-scanner-and-arrows Arrows Demo only works in strategy tester. So, Arrows Demo won't work with the free scanner. Scanner needs "Abiroid Donchian Arrow.ex4" to work. So make sure both arrows a
          About: Get Free Scanner and example Strategies And understand detailed description here: https://www.mql5.com/en/blogs/post/759237 And also get example wrappers from above post. You can make your own wrappers if your indicators have complex conditions or for In-Built MT4 indicators. Features: - Specify your own Custom Indicator - Specify Buffer values and create Variables - Use those Variables to create your own Buy/Sell Conditions - Get Arrows Up/Down Signals - See Arrows Signals in Sc
          This is a multi-timeframe multi-currency Fibo (Fibonacci levels) and Pivots scanner which also shows Missed Pivot count and Fibo Golden Ratio Zones. Features Select separate Pivot Timeframes for each Dashboard Timeframe Check when price is near a Pivot point Check for Price Crossing Pivot Point Use Mid Pivots (Optional) Show Missed Pivots (Optional) Show High Volume Bar Use Fibo (Optional) Use Fibo Golden Ratio (Optional) Set your preferred Timeframe for Fibo or Pivots Detailed blog post: http
          Bollinger Bands Breakout Strategy has an Arrows and Scanner Dashboard indicator set. It is for MT4 (Metatrader 4) platform. When price breaks out of a Bollinger Outer Band in a powerful way, it becomes a great position for scalping. Because the next few bars will most likely keep going in the same direction. Especially if Middle band is also sloping towards that breakout. It's also great for Binary options when using 2-3 next few bars. Strategy: BUY  Bollinger Bands: - Price breaks out of
          Filtrer:
          Paulina Andrea Madariaga Figueroa
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          I don't understand how this indicator is not so popular. All of this author's products are fantastic.

          Abir Pathak
          45379
          Réponse du développeur Abir Pathak 2021.03.01 16:47
          Thank you!
          I really appreciate all your reviews :)
          Répondre à l'avis
          Version 1.5 2024.11.07
          v1.5 Added detailed alerts
          Version 1.4 2020.10.31
          v1.4 Made for "Use MA+ATR" Optional for calculating ATR Channels.
          Version 1.3 2020.10.28
          MA Confluence v1.3
          - Fixed bug of SuperTrend always true because of incorrect naming in SET file conversion
          - Normalized price for SL/TP price lines to broker's digits
          Version 1.2 2020.10.21
          MA Confluence Arrows v1.2
          - Arrow will now appear on Open of New bar.. If BUY/SELL validation checks on close of previous bar
          - Added Entry Point lines
          - Added option for displaying Price on SL/TP labels
          - Fixed incorrect SL/TP Percentage when "On New Signal Exit" false
          Version 1.1 2020.06.23
          v1.1 MA Confluence
          - Fixed bug OBV Min Distance 0
          - Fixed bug Dash not loading properly for all 28-pairs
          - Added more detailed logs for why a signal is ignored (which indicator not in confluence)