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Master Point Indicator

5

Master Point is an indicator set that includes the most powerful and necessary tools for a trader, giving that very edge in the markets to be successful. An indicator that has an elegant and complete system that works very well in all markets (Forex, Crypto, Stocks, Indices) helps to find the best reversal points. It has tools such as trend reversal detection, pivot points, divergences, currency strength and 'candle strength'. All this makes the indicator a complete tool that does not require any other indicators!

Check our telegram group for the best forex tools and information.

The main features of the indicator:

  • Includes all the necessary tools for successful trading- most indicators, one way or another, require some kind of addition (additional filters, secondary strategies, etc.). However, the Master Point indicator is a full-fledged indicator! It uses a simple strategy to show when trend is ready to change, price action and divergence to find the best points to enter into a trade, pivot levels to find the best points to take your profits, and currency strength to make entries more accurate.
  • Elegant strategy - All tools are very elegantly simple, but at the same time they are the most effective. That allows the indicator to be used in many markets.
  • Easy to use - minimal settings, simple visual signals... Everything is designed to make trading with convenience and ease.
  • Suitable for both long-term trading and scalping - thanks to several tools, the indicator can be adjusted for different trading styles.
  • It's real deal - the indicator does not repaint, signals are received only on closed bars, all calculations are made in real time.

Full guide on how to use the indicator you can find here.

General rules on how to trade with the indicator:

The indicator has three main components:

a) Trend cloud- when a new trend emerges, the cloud changes its color. 

b) Signal bars  - confirms the direction of a new trend.

с) Currency stregth lines- when the lines cross, it confirms or even signals a new trend (if the currency strength indicator signal appeared before the Trend Cloud signal).

All three components can work together or separately (confirming the strength of the current trend).

1) Wait for the trend cloud to chage its color. The change of color indicates the formation of a new trend. On many currency pairs, indices, cripto, this signal is already more than enough to enter the market. Recomended timeframes are H1/H4/D1.

2) Also you can wait for a signal candle, confirming the intention of the market to move further in a new direction. Signal candles are determined by powerful divergence formulas, bursts of volatility, and also several price action formulas.

3) Currency strength lines - cross can be used as a separate signal. When the lines intersect, it symbolizes a trend change (same as Trend Cloud). Can used for scalping trading on the lower timeframes using currency strength lines from the higher timeframes.


Exit points:

For exit points, it is recommended to use the pivots levels, or Parabolic Sar levels.

For example, if a buy is open, it is recommended to partially close the deal when the price touches the first resistance/support level. And then, either move the stop due to the trailing stop, or close the deal at the next resistance/support levels.

Parabolic Sar is recommended for complete closing of trades, as it signals a trend change.


Inputs:

  • Minimum break (seconds) for alert - minimum pause between notifications.
  • Notify type for a trend change- type of notification when the trend changes.
  • Notify about a signal bar - type of notification when a signal bar appears.
  • Notify about a currency strength cross - type of notification when currency strength lines cross.
  • Sensitivity- sensitivity of the trend indicator.
  • Show pivots levels- show pivot levels.
  • Enable currency strength- enable the currency strength indicator.
  • Currency strength prefix- prefix/suffix for currency pair names (if your broker uses them).
  • Currency strength timeframe- timeframe for the currency strength indicator.
  • Currency strength count bars- the maximum number of bars for the currency strength indicator lines.
  • Visual theme- chart color scheme.



Recensioni 1
Aravind Kolanupaka
9050
Aravind Kolanupaka 2024.12.22 22:25 
 

Good Indicator

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'CyberBot Project" is a cutting-edge product with a hybrid formula of "ALGO~VX7", the first in the MQL5 market > It's got a high-level mastermind algorithm that gives u Multi Indicator + Reversal Code Corridors all in one. With the ability to analyze 8 Pairs + 8 Timeframes + 8 Shadows at once, including Pivot, Support, and Resistance functions, it gives individual traders pro-level tools. Super practical + powerful, for everyone from newbies to pros. No theory needed, it's all real "wysiwyg" --
Lineverse Trendlines
Arkady Segal
Indicatori
Automatic, live & interactive picture of all trendlines. Assign push, email and sound alerts to the lines of your choice and be informed about price rollback, breakout, rollback after breakout, number of rollbacks, line expiration by double breakout. Correct, drag or delete the lines and interactively tune the line system. https://youtu.be/EJUo9pYiHFA . Chart examples https: //www.mql5.com/en/users/efficientforex Price Interaction Events All events are effective immediately and only after on
Support and resistance levels
Alexandr Bryzgalov
Indicatori
The indicator displays the probable ( Support and resistance ) levels. The indicator draws horizontal and trend levels of support and resistance. The indicator settings: Trends - the mode for displaying trend lines or horizontal lines of support and resistance Yes - display trend lines only No - display horizontal lines only UseResource - use the resources built into the indicator. Yes - use the ZigZag indicator from the resources of the product. No - use a custom ZigZag indicator. HistoryBar -
The indicator of a professional trader
Ramiz Mavludov
5 (1)
Indicatori
The indicator of a Professional Trader is an arrow indicator for predicting the direction of price movement. I have been working on this indicator since 2014. You can use this indicator as your main indicator, use its entry signals, and use it as your only indicator to find entry points. About the product: Recommended TF [H4-D1-W1]   . The indicator predicts the direction of the next candle. Fits a variety of tools; Flexibility in settings for different instruments and intervals through the
THE GRAFF III
Antonin Skaryd
Indicatori
The [GRAFF] III manual trading system is based on multiple MetaTrader (MT4) indicators. Together, the entire PACK of GRAFF III indicators makes an advanced trading tool. The system consists of over 20 different custom-built indicators which have been carefully selected and tested in the long term to produce strong and efficient trading signals. The particular indicators are based on different mathematical formulas, so the entire system is calibrated to remove false signals from its own indicator
LotCalculator
Andrey Vasiliev
Indicatori
Trend Signal All Time Frame
I Nyoman Suryasa
Indicatori
This indicator allows you to see the strength of the trend on all timeframes. It can be used for all currency pairs. The indicator can be displayed in the form of a column (from left to right): status buy / sell / strong buy / strong sell, strength of the trend in percentage, pips last candle, body candle now, remaining time, and the timeframe of M1 to MN. Information contained below (from left to right): total trend percent, sell percent, buy percent.
Bastem PalanDoken Trend Systems
Mehmet Bastem
Indicatori
You can fins our other products from link : https://www.mql5.com/en/users/drbastem/seller   Also, you can ask all your questins from email : haskayafx@gmail.com or mobile : +90 530 867 5076 or @MehmetBastem    on telegram application This indicator is used to determine the trend. Standard Osma indicator is used. It has the indicator warning system: beep, e-mail and has three types of alerts, including messages to mobile phone. It shows the best performance on the chart of 5 minutes. When the
Bastem Emirdag CFD Trend
Mehmet Bastem
Indicatori
You can fins our other products from link : https://www.mql5.com/en/users/drbastem/seller   Also, you can ask all your questins from email : haskayafx@gmail.com or mobile : +90 530 867 5076 or @MehmetBastem    on telegram application This indicator is used to determine the trend. Standard Three Moving Average and ADX indicators are used. It has the indicator warning system (audio, e-mail) and three types of alerts, including messages to mobile phone. It shows the best performance on M5. When
Altri dall’autore
Pips Slayer
Tom Seljakin
3.33 (3)
Indicatori
''A professional trader is a greedy trader: he buys at lows and sells at highs with minimal risks and high returns,, Pips Slayer is developed exactly for such trading approach . It's a universal indicator for tracking reversals and uses price action patterns, discrepancy of custom indicators and a multi-layered formula for identifying reversal structures. The indicator is very easy to use; it only shows arrows where is recommended to buy or sell and recommended take-profit and stop-loss pric
FREE
Pro Indicator Trader EA
Tom Seljakin
Utilità
Pro Indicator Trader is a professional trading tool with which you can automate/create a trading strategy using the 31 classical Metatrader 4 indicators.  An elegant and intuitive interface allows you to customize your strategy down to the smallest detail and choose whenever the EA should open a buy or sell position. For each entry-trade rule, you can use up to 14 different indicators. The EA is designed for professional traders, therefore it has many advanced functions. The EA records the orde
Candle Breakout Expert Advisor
Tom Seljakin
Experts
Candle Breakout EA is a trading tool for traders using the high and low breakout strategy of a previous candle. The EA waits till the price is higher than the previous candle's maximum or below the previous candle's minimum, and later opens a certain order (you can choose which type of order to open when the extremes are broken). This type of trading is well suited for classic strategies such as day trading on daily charts, breaking the morning candle on Monday, impulse trading, etc. The Expert
Classic Fractal Scalper
Tom Seljakin
Experts
The open tool of the most popular strategy on MQL5 'Breakout of High/Low' points. Developed by professional traders with overall 12 years of experience! Classic Fractal Scalper   is an EA tool based on the popular strategy of breakout of custom fractals. The user can set the range of a fractal, the number traded fractals and the offset points from the fractal points. The EA trades with stop-orders and then they are activated the EA manages them. The EA has a rich set of tools. It writes stati
Omega Point Indicator
Tom Seljakin
4 (1)
Indicatori
The Omega Point indicator uses a complex multilayered system that is used by the top world traders which helps to determine the beginning of trends that are highly likely to last for a long time. The system uses several complex trend calculation modes, due to which the indicator adapts to the specifications of different currency pairs, and is suitable for both conservative and aggressive trading. The indicator makes the necessary calculations and shows important information about how the trade
Reverence Gold Ultimate EA
Tom Seljakin
Experts
Reverence Gold EA is a portfolio of advanced gold strategies that are made up of systems that have proven to be stable and profitable. The EA uses improved versions of the classic breakout, trend reversal, swing trading, and price action setup. All of these systems create a smooth yield curve, and make it easy to get through periods of economic and political turbulence. This system is specially designed for those who are serious about investments and want to increase their capital. Promotion
Simple Grid Master
Tom Seljakin
Experts
Simple grid master  is a trading tool for trading reversals with help of grid and martingale style. The EA uses for entry into the markets such indicators as: Bollinger Bands, Ozymandias, Moving Average, Williams Percent Range, Stochastic, MACD. You can select which indicators will be used for entries, customize martingale and grid settings to your liking, use additional filters (time filters, order distances, etc.) for more accurate entries. The most important that the EA is constantly impro
Quantum Incinerator
Tom Seljakin
Experts
Quantum Incinerator EA is the exact the EA you were waiting for. Developed by professional traders with overall 12 years of experience who are ready to show you what a real high frequency EA should be! Also recieve for free ' Reverence Gold Ultimate EA '. Quantum Incinerator EA is special kind of EA that utilizes fractal based support and resistance strategy in order to utilize dynamics of the market in a profitable way. And although the adviser uses a minimum of settings for your convenience, '
Filtro:
Aravind Kolanupaka
9050
Aravind Kolanupaka 2024.12.22 22:25 
 

Good Indicator

Rispondi alla recensione
Versione 1.41 2022.09.27
- New 'MasterMode' function - If enabled, the indicator will show precise signals that already include
the currency strength and tp levels
Versione 1.29 2022.07.02
- Performance improvements
Versione 1.28 2022.06.28
- Fixed notofication bugs.
Versione 1.25 2022.06.25
+New visual theme "Master Point".
+Profit calculator now calculates profit from the pivot points.
Versione 1.17 2022.06.18
- Performance improvements.
- Profit calculator.