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The Oscillometer5

It is a new indicator that frames the price movement and tracks it. It consists of oscillation channel and its center line CL. For its calculation it is only necessary to introduce the amplitude of the channel. Because of this, it is a non-lagging indicator as it is not calculated based on a number of previous candlesticks. It removes any level of noise, showing the underlying price movement cleanly via the center line. It allows you to easily identify the beginnings and ends of the trend, which will occur when the price breaks the channel. It also allows you to identify retracement points, which will occur when the price touches the limits of the channel without breaking it. All this in a visually obvious way. The indicator is applicable to any class of securities.

Features:

- It has no delay.

It has channel and center line alerts.

- It allows to dynmically vary the amplitude of the channel, on the graph, by means of the blue controls.

- It is independent of the time frame in which it is. Being transferable from one time frame to another without further ado.

- It has built-in candle filtering function.

- The indicator is robust to price distortions.

- The indicator has only one parameter for its calculation: the amplitude of the channel, given in pips. With value 0, the indicator calculates one by default.

- Both the channel and the central line can be deactivated. If only the central line is used, it can be used as a moving average, but the central line is not behind the price and the moving average is.

- At the top left of the graph, the values ​​of the center line and the limits of the channel on the first formed candle, as well as the amplitude in pips, are displayed. When placing the cursor on the indicator, it shows us the amplitude in pips.

Blue controls.

They are four. The top two, marked with A+i and A-i , increase or decrease the amplitude by incrementing . The two lower ones, marked with 2i and i / 2 , increase or decrease the increment by multiplying it, or dividing it, by 2. All this in pips.

Filtering candles.

By clicking on a candle it is filtered, being marked with a yellow mark. This feature allows the indicator to ignore candlesticks that are clearly a price distortion or manipulation. With a new click on the candle its filtering is deactivated.

Alerts.

  -ALERT_CH: activates the channel break alert.

  -ALERT_CL: activates the centerline crossover alert (a crossover is considered when the current candle closes on the opposite side of the center line of the close of the previous candle), with red signal on                   the candlestick.

Indicator adjustment.

For the indicator to be useful it is necessary to adjust it to the price, modifying it with the controls until it shows no setbacks and frames the price cleanly. Visually it will be immediately appreciated when the indicator is well adjusted to the price for any section of interest. Once set, the amplitude will be set in the indicator's parameter box.

Stop loss.

It will always be placed outside the channel. A few pips above or below this.

Trailling stop.

Matches the amplitude of the channel.


Recommended indicators: Digital Trend Detector mt5, Deviation Index mt5.

Contact email: fve2022@hotmail.com



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** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
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
Quantum Trend Sniper
Bogdan Ion Puscasu
4.71 (49)
Presentazione       Quantum Trend Sniper Indicator   , l'innovativo indicatore MQL5 che sta trasformando il modo in cui identifichi e scambi le inversioni di tendenza! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni,       Indicatore Quantum Trend Sniper       è progettato per spingere il tuo viaggio di trading verso nuove vette con il suo modo innovativo di identificare le inversioni di tendenza con una precisione estremamente elevata. *** Acquista Quant
AT Forex Indicator MT5
Marzena Maria Szmit
5 (5)
The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal
Easy Buy Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. It canno
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
Bill Williams Advanced
Siarhei Vashchylka
5 (8)
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
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Deviation Index
Francisco De A Vilar Enriquez
Normalized indicator. It measures the relative deviation of the price from its moving average. It is extremely reliable. Accurately determine overbought and oversold price areas and divergences. Features. The indicator is applied to the open/close of the candles. Has a range of -100 to 100. The overbought zone is above 80 and the oversold zone is below -80. Mode: histogram/line. MA method: simple, exponential, smoothed, linear weighted. By default the indicator is calculated on an SMA of 200.
FREE
Basic Fork
Francisco De A Vilar Enriquez
Very useful indicator, you won't be able to be without it. Essential for scalping. It shows rebound levels, top and bottom, forming a fork that surrounds the price. Each level has two blue controls associated to change it, has one green control for rebound mode: High/Low or Open/Close, and has a red breakage alert control. The values ​​of each level,  and the distance between levels in pips, are shown at the top left. Features: -T wo independent modes of operation: High/Low, Open/Close. -When on
FREE
Ask Price
Francisco De A Vilar Enriquez
It is a very simple and useful micro indicator. Shows the current ask price, and the maximum relative ask price up to the current moment, on the chart, in the first N candles. It facilitates quick decision making by offering a visual reference. Likewise, when we position ourselves with the cursor over it, it shows us the maximum spread  since the indicator is applied, until the current moment. It is perfect for scalping . By default, the parameter N has the value 4.  Especially recommended ind
FREE
The Oscillometer
Francisco De A Vilar Enriquez
It is a new indicator that frames the price movement and tracks it. It consists of oscillation channel and its center line   CL . For its calculation it is only necessary to introduce the amplitude of the channel. Because of this, it is a non-lagging indicator as it is not calculated based on a number of previous candlesticks. It removes any level of noise , showing the underlying price movement cleanly via the center line . It allows you to easily identify the beginnings and ends of the trend ,
Fluctuation Bands
Francisco De A Vilar Enriquez
Shows the price fluctuation bands associated with a moving average. It is extremely accurate, and it's a wonderful visual guide. The indicator consists of 4 bands . The two bands closest to the price form the fluctuation channel , they mark the maximum calculated deviation of the price from the moving average. The outer bands mark the maximum overdeviation of the price with respect to the fluctuation channel, they are overbought or oversold areas. Features.  -The change of periods of the MA is d
Fork 4
Francisco De A Vilar Enriquez
The best instrument for scalping. It allows you to always be correctly positioned in the price. It's a simple and extraordinarily powerful visual reference. Very suitable for price action. It consists of four components. 1. Fork.     There are two levels that surround the price and mark the rebound points. They can be varied independently with 4 associated controls, two for each level.  Its amplitude is indicated in pips in the indicator data.  The minimum fork is updated with each tick. It has
Fork 5
Francisco De A Vilar Enriquez
The best instrument for scalping. It allows you to always be correctly positioned in the price. It's a simple and extraordinarily powerful visual reference.  Very suitable for price action. It consists of four components. 1. Fork.     There are two levels that surround the price and mark the rebound points. They can be varied independently with 4 associated controls, two for each level.  Its amplitude is indicated in pips in the indicator data.  The minimum fork is updated with each tick. It has
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Versione 2.2 2023.02.09
Functional improvement.
Versione 2.0 2023.01.17
Added alert functions.