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Prometheus Trade Engine MT4

200 USD

Versione demo scaricata: 14

Pubblicato: 26 gennaio 2023

Versione attuale: 1.0

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Prometheus Trade Engine MT4

Indicatori
Philip Muga
Versione: 1.0
Attivazioni: 5

Prometheus Trade Engine is an indicator that combines price action, ratio based indicator with custom indicators& other lagging indicators to create this leading indicator that has a multi-timeframe approach to trading so that you are able to see what other timeframes are doing all in one chart and give you high probability trade setups to assist you to make a prediction on what is MOST likely to happen in the market going foward

Chart Features

1. Reversal Zone

It is the rectangular box on your chart which is based on a close approximation to 50% & 61.8% fibonacci retracement levels over the high-low period of 100 bars.
By default, Blue rectangle is set to indicate that you are temporarily on a LONG trend with 50% above & 61.8% below;
Red rectangle is set to indicate that you are temporarily on a SHORT trend with 61.8% above & 50% below. It is drawn automatically so when the trend changes the tool redraws it automatically depending on your timeframe of choice.
It gives you a level where bulls and bears battle it out on who will dominate future price moves
When the Reversal Zone holds then price will bounce off that zone but when the Reveral Zone is breached it gives you a[leading]indication ahead of time that the current trend is MOST likely about to change so adjust your trading rational appropriately
When there is NO retracement level available then there will be NO Reversal Zone thus NO Price Move, so you stay out of the market

2. Price Action Signal

It is the arrow displayed on a specific candle. These arrows are NOT buy/sell arrows but rather price action signals.
It can be reversal signals or trend continuation signals, this will depend on where it appears on your chart. They DO NOT repaint
Scenarion I: If you have a bullish arrow on a bullish candle then price is most likely going to shoot LONG;If its a bearish arrow on a bearish candle then price is most likely going to collapse SHORT.
Scenarion II: If its a bullish arrow on a bearish candle then price is most likely going to move LONG momentarily before collapsing SHORT;If its a bearish arrow on a bullish candle the price is most likely going to move SHORT momentarily before shooting LONG
DO NOT rely only on these signals but use them together with the other indicators to increase your probability for some signals will undoubtedly fail but if you use them with the rest of the indicators then you have an edge;
You can even use a failed signal to your advantage

3. Price Move - It is based on where price is relative to the reversal zone; Above = bullish moves; Below = bearish moves

4. Daily Move - It is based on where price is relative to the daily open

5. Daily Index - It is based on current price relative to the open-high-low-close price of the daily candle; scale is 0 to 100 [0 = daily open & 100 = new high or new low]
The higher the value the further the price is to the open; The lower the value the closer price is to the open

6. Analysis

Trend Strength - Displays the overall strength of the trend; Scale is 50 to 100 [50 = weak & 100 = strong]
Asset Strength - Displays the strength of the asset; Scale is 0 to 9 [0 = weak & 9 = strong]
Strength Index [RSI] - Displays the RSI level
MACD - Displays whether the MACD is above or below zero

7. Average [Moving Average] - Displays a multi time frame approach of where price is relative to the set moving average above or below

8. Momentum - Displays set momentum bullish or bearish across each time frame

9. Direction [ADX] - Displays set average directional movement index bullish or bearish across each timeframe

10. Market Sentiment - Displays the traders choice of market direction call or put

Parameters

Period Settings

Average Period - Set period for Moving Average, default set to 50 [Recommended]
Momentum Period - Set period for Momentum, default set to 14 [Recommended]
Direction Period - Set period for ADX, default set to 14 [Recommended]
Stength Index Period - Set period for RSI, default set to 14 [Recommended]
Reversal Zone Alert - Set alert screen pop-up message, default set to TRUE [Optional]

Color Settings

Symbol Color - Set color symbol on your chart, set to [Black 40,40,40] for Blackboards [Default] & DarkGray for Whiteboards [Recommended]
Panel Color - Set color for the right hand panel, set to White for Blackboards [Default] & DarkGray for Whiteboards [Recommended]
Value Color - Set color for values on the Analysis Section, set to Black for Blackboards [Default] & White for Whiteboards [Recommended]
Bullish Color - Set color for bullish indicator move, set to DodgerBlue for Blackboards [Default] & Green for Whiteboards [Recommended]
Bearish Color - Set color for bearish indicator move, default set to Red for Blackboards & Whiteboards
Flat Color - Set color for flat indicator move, set to Yellow for Blackboards [Default] & Gold for Whiteboards [Recommended]
ReversalZoneLong Color - Set color for LONG Reversal Zone, set to Blue for Blackboards [Default] & Green for Whiteboards [Recommended]
ReversalZoneShort Color - Set color for SHORT Reversal Zone, default set to Red for Blackboards & Whiteboards
Timeframe Color - Set color of current chart timeframe, default set to Magenta for Blackboards & Whiteboards

Trade Setups

1. Reversal Bounce

Take a Reversal Bounce trade when price has bounced off the SHORT/LONG Reversal Zone based on HIGH PROBABILITY CONFLUENCE from Prometheus Trade Engine &
price action signal. Price MUST close INSIDE/BELOW the SHORT reversal zone for a PUT OR INSIDE/ABOVE the LONG reversal zone for a CALL.The closer the price
is to the Reversal Zone the better the entry

2. Reversal Breach

Take a Reversal Breach trade when price has breached through the SHORT/LONG Reversal Zone based on HIGH PROBABILITY CONFLUENCE from Prometheus Trade Engine &
price action signal. Price MUST close INSIDE/ABOVE the SHORT reversal zone for a CALL OR INSIDE/BELOW the LONG reversal zone for a PUT.The closer the price
is to the Reversal Zone the better the entry

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Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu

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Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu

550 USD

This product is based on the methodologies of Gann, his follower Don E. Hall. The Indicator builds a working view grid, which is used to analyze graphics. The Pyrapoint tool, developed by Don Hall, is a grid based on the Pythagorean cube. In his calculations he uses the Gann Square 9 methodology and the relationship between Price and Time. This tool is used to predict changes in trend and overall market actions. More information about the method HERE

259 USD

The Nihilist 5.0 Indicator includes Forexalien and Nihilist Easy Trend trading strategies and systems. It is composed of an MTF Dashboard where you can analyze the different input possibilities of each strategy at a glance. It has an alert system with different types of configurable filters. You can also configure which TF you want to be notified on your Metatrader 4 platform and Mobile application The indicator has the option to view how could be a TP and SL by using ATR or fixed points, even

299 USD

ZeusArrow Smart Liquidity Finder Smart Liquidity Finder is Ai controlled indicator based on the Idea of Your SL is My Entry. It scan and draws the major Liquidity areas on chart partitioning them with Premium and Discount Zone and allows you find the best possible trading setups and help you decide the perfect entry price to avoid getting your Stop Loss hunted . Now no more confusion about when to enter and where to enter. Benefit from this one of it's kind trading tool powered by Ai an trade

249 USD

Max Payne è un indicatore di segnale di inversione/tendenza che fornisce segnali sotto forma di freccia, questo indicatore fornisce il suo segnale sulla stessa barra di chiusura, questo indicatore può cadere più volte sul grafico con periodi diversi per ottenere una doppia/tripla conferma dei segnali l'indicatore è altamente regolabile per adattarsi a qualsiasi stile di trading mentre non viene mai ridipinto o ridipinto, otterrai il sistema completo mostrato negli screenshot dopo l'acquisto ins

350 USD

"CYBERBOT PROJECT" The first unique product on the MQL5 market > One file Indicator contains Dozens of Indicators + Reversal Code Corridors including advanced mastermind capabilities simultaneously for 8 Pairs + 8 Timeframes + 8 Shadows as well as the presence of horizontal lines for Pivot, Support and Resistance which will be adjusted automatically every day [All in one chart]. Currently, the product's selling price is over $480; however, we are offering a monthly rental system for only $30.

488 USD

Prometheus Smart Money is an indicator that combines both price & volume with calculations based on other custom indicators, smart volume and retail volume to create this leading indicator that gives you high probability moves to help you make a decision on what is MOST likely to happen in the market going forward Advantages You can use it in ALL financial markets including binary options on ALL asset classes or instruments. You can use it as a stand alone indicator or as a confirmation tool wit

100 USD

Centaurus Trend Engine is an indicator that uses custom indicators to give the current momentum moves of the market with a multi-timeframe approach to trading Features Value Area -It is the (red/green) rectangular box on your chart based on the dynamic structure period set;Green to indicate you focus on LONG moves & Red for SHORT moves Analysis - Displays The Market Analysis Strength - Displays The Market Strength Trend - Displays The Market Trend Entry State - Displays the BEST entry time for t

50 USD

Primus Smart Money is an indicator that shows the average of bulls and bears on an asset. Used as a confirmation indicator for bullish and bearish control to assist in predicting future price moves Advantages Used in ALL financial markets including binary options on ALL asset classes or instruments. To be used as a confirmation tool with other indicators Parameters Period - default set to 9 (Recommended) Entry requirements Focus on the clusters on the indicator - the height or depth of the bars

30 USD

Primus Trading Engine is a trading system that combines price action,ratio based indicators & custom indicators to create this leading indicator with a multi-timeframe approach to give you high probability trade setups for forex,CFD cash/futures,metals & binary option to assist in making predictions on what is MOST likely to happen in the market Main Chart Features Price Action Signal-Arrow displayed on a specific bar;NOT buy/sell arrow;DOES NOT repaint;Bullish arrow on a bullish bar,price is l

500 USD

Namiri Trade Engine is an ALL in ONE trading system that combines market structure, volume pressure, market condition & risk management to give you the BEST opportunities for A+ trade setups with auto lot size WAIT FOR YOUR A+ SETUP || ONLY TAKE YOUR A+ TRADE || RINSE REPEAT YOUR A+ MOVE Chart Features Panel - Shows the asset, market, price, pip, account, trade & profit|loss information Structure - Shows areas of support & resistance Risk Management - Shows risk analysis period of 100 bars

1 000 USD

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