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Prometheus Trade Engine MT4

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

Please share comments, ratings & reviews

DO NOT PURCHASE THIS PRODUCT UNTIL YOU HAVE THOROUGHLY BACK TESTED FOR YOURSELF USING THE FREE DEMO


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This indicator identifies and displays zones, as it were areas of strength, where the price will unfold. The indicator can work on any chart, any instrument, at any timeframe. The indicator has two modes. The indicator is equipped with a control panel with buttons for convenience and split into two modes. Manual mode: To work with manual mode, you need to press the NEW button, a segment will appear. This segment is stretched over the movement and the LVL button is pressed. The level is displayed
今、147ドル(いくつかの更新後に499ドルに増加します) - 無制限のアカウント(PCSまたはMac) RelicusRoad ユーザー マニュアル + トレーニング ビデオ + プライベート Discord グループへのアクセス + VIP ステータス 市場の新しい見方 RelicusRoad は、外国為替、先物、暗号通貨、株式、および指数の世界で最も強力な取引インジケーターであり、トレーダーに収益を維持するために必要なすべての情報とツールを提供します。初心者から上級者まで、すべてのトレーダーが成功するためのテクニカル分析と取引計画を提供します。これは、将来の市場を予測するのに十分な情報を提供する重要な取引指標です。意味をなさないチャート上のいくつかの異なる指標ではなく、完全な解決策を信じています.これは、信号、矢印 + 価格アクション情報を表示するオールインワンのインジケーターで、他に類を見ない非常に正確です。 強力な AI に基づいて、RelicusRoad は不足している情報とツールを提供して、あなたを教育し、トレーディングのプロ、成功したトレーダーにします。 ほと
IMPORTANT; Price is subject to rise at any time from now! Do not miss this offer! Dear trader I am glad to introduce my new tool called Trend Analyser Dashboard to you. The design, style, and settings of this indicator  have been made simple to make its users not take too much time in understanding the indicator itself.   The purpose is to help traders in analysing the direction of the major trend and the status of the trend whether in weak trend or its strong trend. The indicator will also prov
EARLY REMINDER: The Starting price is 65 price will rise soon up to 365$ after first 10 copies of sales. Grab this offer now! Introduction Hello, traders! Welcome to the demonstration of the Forex Beast Indicator , a comprehensive tool designed to assist aspiring traders in navigating the complexities of the forex market. This indicator incorporates seven essential components to provide a well-rounded trading experience: Moving Averages Colored Zones Support and Resistance Levels (Previous High
製品を購入する前に、以下の情報をお読みください。 Apollo Pips PLUS SP はユニークな製品です。これは、私の新しい「アポロ ピップス」インジケーターと、私のすべての取引インジケーターにアクセスできる「スーパー パック」ボーナスを手に入れたい人のためのものです。 Apollo Pips PLUS SP 製品を購入すると、実際には私の Apollo Pips インジケーターのまったく新しいバージョンを購入することになります。このバージョンのインジケーターには改良されたアルゴリズムと使いやすいパラメーターがあり、あらゆる市場およびあらゆる取引スタイルでインジケーターを使用する機会が得られます。 この製品の購入者は、私のスーパーボーナスとして、他のすべてのインジケーターにも無料でアクセスできます!私のすべての取引ツールにアクセスしたい場合は、この製品が最適です!:) しかし、これがすべてではありません!:) この製品のすべての購入者は、私の新しいインジケーターを無料で入手する資格もあります!:)新しい取引インジケーターを利用できるようになりました。私の特権のある「スーパー パッ
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
Bomb Bank Signal
Igor Pereira Calil
5 (1)
Bomb Bank シグナル: MetaTrader 4 の信頼度インジケーター Bomb Bank Signal は、金融市場で最も関連性の高いトレンドを特定するように設計された MetaTrader 4 の強力なインジケーターです。動きを正確に予測するツールをお探しなら、Bomb Bank が最適です。 仕組み: このインジケーターは、出来高分析、ローソク足終値、対称トレンドという 3 つの異なる方法を組み合わせて、売買の機会を検出してシグナルを送ります。 Bomb Bank は、買いの機会を特定するときは「爆弾」のようなものであり、売りシグナルを検出するときは「ドクロ」のようなものです。 ボムバンクはなぜ違うのですか? 完全な信頼性: Bomb Bank Signal は信号を削除しません。一度シグナルが発せられると、シグナルは残り続けるので、チャンスを逃すことはありません。 極めて高い精度: Bomb Bank は誤った信号を送信しません。リアルタイムで最新情報を更新し、市場の進化に合わせて調整しながら、以前のシグナルの透明性を維持します。 ライブアップデート: シ
Trins
Ivan Simonika
1 (1)
One of the main definitions for monitoring the currency market is the trend. The Trins indicator is designed to display the trend in a visual form. Trend is a stable direction of price movement. To find it, the indicator uses calculations designed to smooth out sharp fluctuations that do not affect the overall picture of price movement. The trend can be increasing (bullish trend) and decreasing (bearish trend). In most cases, the trend is growing for a long time and drops sharply, but in all t
The Smooth Price technical indicator is used for plotting a smoothed line as close to the price of the financial instrument as possible, and serves to eliminate its noise components. The indicator is part of the Monarch trading system, but here it is presented as an independent technical analysis tool. The indicator is based on the cluster digital filter , which, unlike the ClusterSMA , is applied directly to the price time series. Smooth Price does not redraw (except the very last, zero bar) an
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The ind
Unveil Market Secrets with Sneaky Busters on MetaTrader 4! Delve deeper into the intricate world of trading with the Sneaky Busters indicator, specifically crafted to spotlight the sophisticated maneuvers of smart money and uncover hidden market trends. Comprehensive Features: 1. Smart Money Accumulation & Distribution Detection: Accurate Analysis: Identify key zones where smart money collects and disperses assets. These insights help you understand market sentiment and potential turning points.
プレシジョン・インデックス・オシレーター(Pi-Osc)は、Precision Trading SystemsのRoger Medcalfによるものです。 バージョン2は、チャートにスーパーファストでロードされるように注意深く再コードされ、その他の技術的な改良も組み込まれて、エクスペリエンスを向上させています。 Pi-Oscは、市場が強制的に行かなければならない、すべての人のストップを取り除くためのポイントである、極限のエクソースト・ポイントを見つけるために設計された正確な取引タイミング信号を提供するために作成されました。 この製品は、極限のポイントがどこにあるかを知るという古代の問題を解決し、トレーダーの生活をはるかにシンプルにします。 これは、業界標準のオシレーターとは異なる強力な要素を持つ高度なコンセンサス・インジケーターです。 使用されている一部の機能には、需要指数、マネーフロー、RSI、スティリング、パターン認識、出来高分析、標準偏差の極値などがあり、異なる長さでこれらのバリエーションが多く含まれています。 初めて見ると、訓練されていない目には、他のオシレーター
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Algo Trading Indicaor  With this indicator , you’ll have zones and trends that hight probability the price will reverse from it. so will gives you all the help that you need  Why should you join us !?  1-This indicator is logical since it’s working in previous days movement , to predict the future movements. 2-Algo trading indicator will help you to draw trends which is special and are too strong than the basics trend , trends will change with the frame time that you work on . 3-We can use
The Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indicator
BONUS AUX VIP Club 2024 : Include EA Airbag and Load Data History to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower traders with advanced insights and precision in navigating the dynamic forex markets. This innovative
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
Entry Arrow Alerts: Finds market entry opportunities then notifies you via mobile or desktop alerts The key features include: Conservative mode . One entry signal per direction. Ideal for the patient trader looking to capture longer term moves. Aggressive mode . Multiple possible entry signals per direction. Ideal for the active trader looking to capture multiple moves within the same trend. Trigger Line . Price entry line helps cut down on false signals. Display Window . Allows you to instantly
---- Brand New Strategy. Three Month Rent is $30. ONE YEAR RENT ONLY $50. FREE EURUSD VERSION AVAILABLE UNDER << Forecast System Gift >>. NO NEED FOR BACKTEST! Link to the FREE version -->  https://www.mql5.com/en/market/product/110085?source=Site --- This is a simple strategy based on BREAKOUT and FIBONACCI levels. After a breakout, either, the market: - continues the move directly to the 161, 261 and 423 levels, or - retraces to the 50% level (also called a correction) and thereafter continues
MQTVolume
Joaquin Gual Moreno
5 (1)
This indicator marks the long or short force of each candle. Green = long. Red = Short Parameters: The periods serve to make the indicator functions faster or slower. We recommend to run faster periods 4-10 or slower periods 12-26. PeriodFast : Numbers of Bars used for the calculations of fast period (Recommended value 4) PeriodSlow : Numbers of Bars used for the calculations of slow period (Recommended value 10)
Dear traders I am happy to introduce to you my new tool called "Brilliant Oscillator" Indicator. This is one of the indicators that can be used as a stand alone indicator. WHAT I LIKE ABOUT THIS TOOL IS Fast and reliable signals Purpose The purpose of this tool is to assist both newbie and Advanced traders to analyze the market with high level of accuracy in both bearish and bullish market trends. The inputs In the input section you will be able to change colors of the indicator only. Currency p
Precautions for subscribing to indicator This indicator only supports the computer version of MT4 Does not support MT5, mobile phones, tablets The indicator only shows the day's entry arrow The previous history arrow will not be displayed (Live broadcast is for demonstration) The indicator is a trading aid Is not a EA automatic trading No copy trading function The indicator only indicates the entry position No exit (target profit)  The entry stop loss point is set at 30-50 PIPS Or the front hi
TRANSACTION SPEEDは、大口注文がいつどこで市場に集積され、その恩恵を受けているかを示す最高品質の指標です。トレンドの変化を非常に早い段階で検知します。インジケーターであると同時にトレーディングシステムでもあります。そのコンセプトはユニークで、驚くほど収益性が高い。 FXでは、ティックボリュームはボリュームと呼ばれ、誤解を招きやすい。実際は、単位時間当たりの価格変動であり、事実上、取引速度(TRANSACTION SPEED)です。 このインジケーターは、FXにおける出来高の概念を完全に見直し、正しい方法で論理的に定義し、このロジックを適用することで、ユニークで正確なトップレベルの収益ツールになります。 スピードが上がれば、それはより大きな関心とそれに対応するエントリーとエグジットのサインです。 使い方は? このインジケーターは、市場の取引スピードを測定・比較するため、まず最初に行うべきことは以下の通りです。 比較を行う期間を選択することです。 通常、15日前が比較の出発点となります。 インジケータに日付を入力して実行する。 30分または1時間のタイムフレームで、
作者のその他のプロダクト
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
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
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
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
Namiri Trade Engine is an ALL in ONE trading system that combines price 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, buy
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