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Trend Scalper 1 Tyr Bands

5

Tyr Bands Indicator


Tyr Band works with BB and 3 different deviations, plus the Stochastic confirmation. So when the price closes below/above the BB Reversal Band (Red) and the Stoch is in the confirmation zone, then the arrow (buy/sell) appears. This arrow indicates that we can entry to the market up/down on the next opening. Since it is only an indicator, it will not place SL or TP, we need to have them placed manually if you want to trade. The SL will lie on the external BB band (Blue), and the TP can lie con the Cyan color BB, or also the external on the oposite direction.


Te indicator has been testes on EURUSD: M5, M15. Im pretty sure it works on other chart with the proper configuration. The default file is for M5 - M15. Feel free to reach me in case of any question.

Chart Set up:

BB external bands (blue): Period 20, deviation 1.4, shift:0

BB Reversal Bands (Red): Period 20, Deviation: 0.6. Shift: 0


For GOLD is great on H15, H1, H4. Use BB Period 7, Deviation_Killer 0.6, DeviationB 2.0


Enjoy!

Recensioni 1
James Erasmus
923
James Erasmus 2024.07.09 09:32 
 

Many good entry points, many options to work with so this has potential with combination as some entries can get one trapped. Great indi, nice one

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Siarhei Vashchylka
5 (7)
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. A
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
SMCpro
Arief
5 (1)
Currently Price  20% OFF  ( for unlimited use ) Indicator   USER MANUAL , trade setups, solving issues, etc :  Direct Download Here     (  for users only  ) Hello World! Introducing.. SMCpro tool and Indicator for  MetaTrader 5 , a cutting-edge feature designed to revolutionize your trading experience. With innovative ICT Smart Money Concept, you gain unparalleled insight into market dynamics, empowering you to make informed trading decisions like never before. SMC Indicator built on th
Volume by Price MT5
Brian Collard
4.2 (5)
The Volumebyprice.com 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. Session filtering and grouping. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Graphical layering, positioning and styling options to suit the user's analytic and aesthetic
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James Erasmus
923
James Erasmus 2024.07.09 09:32 
 

Many good entry points, many options to work with so this has potential with combination as some entries can get one trapped. Great indi, nice one

Gerardo Armando Ochoa Aguilera
489
Risposta dello sviluppatore Gerardo Armando Ochoa Aguilera 2024.07.09 17:50
Thanks a lot for your feedback
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