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Point61 Indicator

5

The Point61 indicator is the result of many years of monitoring of price behavior of currency pairs and metals.

It is not a secret, that in times of uncertainty, traders are looking for possible levels of support and resistance - the point, where price should stop its movement.

There are 2 possible scenarios at these points:

1. Reverse (correction) to the opposite direction;

2.
Breakthrough to continue movement.

Very often these points are used to set stop orders - TakeProfit or StopLoss. And it is important to identify these points to maximize profits or minimize losses.

The Point61 indicator solves 2 problems at once: it determines current trend of movement and shows, where exactly the price is moving to. To get this result, several theoretical developments are used at once, which have been confirmed in practical trading.




The indicator includes forecast function, in several languages.


Every day I receive several letters and messages asking for help to start trading on Forex from traders without experience, who do not understand the general principles of price movement and are not familiar with professional terminology. In the Point61 indicator this task is practically solved: the number of input parameters is minimal, which makes it possible to use the indicator both by novice traders and professionals, who want to confirm their current trading decisions.


Broker, terminal, symbols, timeframe, minimum deposit and type of account

Broker - any.

Terminal - MT4.

Symbols for trading - any.

The working timeframe - from M1 to D1.

Deposit - any.

Type of account - any.


Parameters

TimeFrame - timeframe, on which the indicator will look for signals to enter the market.

Show all levels - if "true", the indicator will show on the chart all possible potential stop points of the price.

Show volatility levels only - if "true", the indicator will show on the chart only levels, based on current volatility.

Show nearest levels only if "true", the indicator will only show potential stop points, that are the nearest to the current price on the chart.

Show current channels - if "true", the indicator will show current price channels on chart.

Color of lines - color of potential price stop points.

Show forecast - if “true”, the indicator will show current forecast for price movement.

Send forecast signals -  if “true”, the indicator will send signals, based on graphical forecast.

Show forecast description - if “true”, the indicator will show comments to current forecast.

ShowAlerts - if “true”, the indicator will show windows with current comments.

PushNotifications - if “true”, the indicator will send “Push” notifications to your mobile device.

PlayAlertSound - if “true”, the indicator will play sound signals.

Sound - name of the sound file.


If you have any questions, related to the indicator, I will be happy to answer them in private messages.




Risks Warning.

Forex trading is an activity with a high level of risk.

Do not risk money, that you cannot afford to lose.



Recensioni 7
motsusi
170
motsusi 2022.03.02 09:24 
 

I finally got the missing part of my trading puzzle. Point 61 is worth every cent I spent. Thank you to developer.

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Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
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KEENBASE SOFTWARE SOLUTIONS
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Scopri il segreto per il trading Forex di successo con il nostro indicatore MT4 personalizzato! Ti sei mai chiesto come raggiungere il successo nel mercato Forex, guadagnando costantemente profitti minimizzando il rischio? Ecco la risposta che hai cercato! Permettici di presentare il nostro indicatore MT4 proprietario che rivoluzionerà il tuo approccio al trading. Versatilità unica Il nostro indicatore è appositamente progettato per gli utenti che preferiscono le formazioni di candele Ren
(Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone.  Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator whic
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Evgeniy Machok
5 (2)
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Evgeniy Machok
4.18 (28)
Greetings! My new products, trading signals and promos can be found here: https://www.mql5.com/en/users/alcad83 Add me to friends and get profit from Forex trading! The free version of the Yellow Expert Advisor works based on short-term changes in the trend, creating the price "corridor" set in the parameters. Trading is carried out at the external borders of this corridor by opening positions in different directions with different lot sizes. Version of the Expert Advisor for MetaTrader5 .
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4.05 (21)
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5 (1)
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The NEURAL PATTERN robot is a representative of a relatively new trend in the creation of neural network automatic trading systems. Outdated techniques for creating trading algorithms, when the authors manually searched for and fixed patterns of price behavior in the Forex market, are gradually becoming a thing of the past. Therefore, we set the task of fully automating this process. A trading robot must find patterns on its own, evaluate their stability and possibilities for further use. The N
The SD Indicator is a powerful tool in the world of Forex trading, that combines two classical strategies: Support/Resistance levels and Supply/Demand zones. The indicator helps traders to identify potential trading opportunities in the market with high accuracy. Support and resistance levels are key price levels where buying and selling pressure converge, leading to potential price reversals. The SD Indicator identifies these levels in real-time and provides traders with a clear picture of wh
Extended version for MetaTrader5 of famous Yellow Expert Advisor . The fully automated Yellow MT5 Hedge EA works on short-term trend changes creating the price channel set in the parameters. Trading is carried out at the external borders of this channel by opening positions in different directions with different lot sizes. The strategy is simple, but effective. With adequate money management, the probability of stable earnings is very high. Presence of a sufficient number of parameters allow
The NEURAL PATTERN robot is a representative of a relatively new trend in the creation of neural network automatic trading systems. Outdated techniques for creating trading algorithms, when the authors manually searched for and fixed patterns of price behavior in the Forex market, are gradually becoming a thing of the past. Therefore, we set the task of fully automating this process. A trading robot must find patterns on its own, evaluate their stability and possibilities for further use. The N
The SD Indicator is a powerful tool in the world of Forex trading, that combines two classical strategies: Support/Resistance levels and Supply/Demand zones. The indicator helps traders to identify potential trading opportunities in the market with high accuracy. Support and resistance levels are key price levels where buying and selling pressure converge, leading to potential price reversals. The SD Indicator identifies these levels in real-time and provides traders with a clear picture of wh
Regal Spear MT5
Evgeniy Machok
Last 2 copies for this price. Next price - $449. Fully automatic trading robot Regal Spear is the result of many years of monitoring the behavior of the market. Analyzing the received data, I came to the conclusion that it is necessary to give all the available information to some automatic system, which will estimate a possibility of market entering at one moment of time or another by itself. The result of this work was the creation of a neural network template that can be launched in various
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motsusi
170
motsusi 2022.03.02 09:24 
 

I finally got the missing part of my trading puzzle. Point 61 is worth every cent I spent. Thank you to developer.

Itnas
334
Itnas 2020.08.14 06:04 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Star-Rise
14
Star-Rise 2020.06.12 02:44 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Fernando Solis Ortega
168
Fernando Solis Ortega 2020.06.02 06:43 
 

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[Eliminato] 2020.05.07 10:50 
 

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juanandres1
539
juanandres1 2020.04.24 04:16 
 

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Aravind Kolanupaka
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Aravind Kolanupaka 2020.04.22 17:46 
 

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Rispondi alla recensione
Versione 3.2 2021.09.10
Fixed a small bug in drawing figures.
Versione 3.1 2021.09.09
Code was optimized.
Versione 3.0 2021.09.09
1. Code was optimized.
2. New figures of technical analysis were added.
Versione 2.8 2020.08.13
A small bug in the display of German and Spanish languages was fixed.
Versione 2.7 2020.07.26
Figures definition algorithm was improved.
Versione 2.5 2020.07.09
New parameter "Show forecast description" was added for better understanding of current forecast.
Versione 2.3 2020.06.12
New signals, based on graphical forecast, were added. They are switched off by default.
Versione 2.2 2020.06.10
Code was optimized.
Versione 2.1 2020.06.04
New functions for trading signals were added.
Versione 1.9 2020.05.31
Forecast function was added.
Description was changed.
Versione 1.7 2020.05.07
"Show current channels" parameter was added.
Versione 1.6 2020.05.03
New parameters were added.
Strategy of determination of possible market entering points was changed.
Versione 1.2 2020.04.17
Automatic separation of levels into "strong" and "weak" ones was added.