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Omega Trend Indicator

4.9

The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend Line indicates the exact point of the initial stop loss, as well as where the trailing stop is moving. For uptrends the Trend Line is blue, for downtrends it is pink (see the first image below).


There is an EA which use Omega Trend Indicator signals for trading. It is Omega Trend EA. You can check it here: https://www.mql5.com/en/market/product/56222

Omega Trend Indicator MT5 version: https://www.mql5.com/en/market/product/121966

The secondary (thinner) Pivot Line represents the presumed Pivot level of the market. Breaks in this line can be used for short-term/scalping trades following the current market trend indicated by the Trend Line.

Although the Omega Trend Indicator’s signals are clear and easy to interpret (see the second image below), there are a few steps you should follow to filter out false trading signals. First, you need to be able to recognize a choppy market and try to ignore it. A choppy market is a market that is highly volatile but results in no overall price movement, in either direction. These price spikes and sharp rebounds from the range borders can generate a series of poor signals. In the third image below, you can see an example of a choppy market. A choppy market presents the worst possible conditions for any breakout or impulse trading strategy. If you use the Omega Trend Indicator under these conditions, do not be surprised if you have poor results.

Omega Trend Indicator signals are at their most reliable, when following the market in trend or swing mode. Avoid trading in periods of low liquidity. In these periods, the market is generally in a narrow range. Periods of low liquidity normally occur after the close of the NY trading session and often throughout the entire Asian session. The best signals from the indicator could be expected during the London and the NY trading sessions (8-21 GMT).

I recommend Omega Trend Indicator for the EURUSD, EURJPY, USDCHF, GBPJPY and GBPUSD pairs. As well all market instruments with a trending behavior are appropriate. You can use it on all timeframes, for scalping, day trading or long-term investing.

I strongly recommend that you adapt visually the indicator lines to the chart. The default settings are not suitable for all chart periods and all market instruments. The most important settings you should try to adapt are: Volatility_Period, TrendLine_Level, PivotLine_Level and Bar_Acceleration.

The default settings are not suitable for all timeframes and all market instruments. The most important settings you should try to adapt are: Volatility_Period, TrendLine_Level, PivotLine_Level and Bar_Acceleration.


Settings

  • Show_Arrows - show/hide the signal arrows on the chart.
  • Show_Histogram - show/hide the indicator histogram.
  • Show_PivotLine - show/hide the pivot line.
  • Alerts - activate/deactivate the signal alerts.
  • Send_Push_Notifications - activate/deactivate sending notification to mobile phones.
  • Volatility_Period - the indicator period of the volatility calculation.
  • Smooth_Factor - the smoothing factor of Omega Trend Indicator lines. The default value of the Smooth_Factor is zero, which means that smoothing is not used.
  • ...........

For more info and complete list of settings, click here to visit the blog!

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

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İncelemeler 20
ali-haider
591
ali-haider 2023.03.14 15:39 
 

great

Sebastian Kaestner
486
Sebastian Kaestner 2022.12.28 18:11 
 

A very good indicator that also works in the m1 timeframe, as long as you also take into account the trend in the m5 and m15, as well as pivot

bmv72
430
bmv72 2022.12.02 03:26 
 

Very good indicator.. Nice entry... Thanks to the author who is kind enough to give it for free

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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
Stratos Pali
Michela Russo
5 (1)
Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! D
Reversal-Arrow: Hassas ve Güvenilir Dönüş Noktaları Tespiti Reversal-Arrow, potansiyel trend dönüş noktalarını belirlemek için tasarlanmış gelişmiş bir göstergedir. Bu gösterge, görsel olarak anlaşılır sinyaller sunarak piyasa ortamını anlamayı kolaylaştırır, belirsizlikleri azaltır ve karar alma sürecini basitleştirir. Özellikle XAUUSD ve XAUEUR için 1, 5 ve 15 dakikalık zaman dilimlerinde optimize edilmiştir ve bu zaman dilimlerinde en yüksek performansı sağlar; ancak diğer döviz çiftleri ve z
Bu gösterge panosu, piyasa yapısını tersine çevirme göstergesiyle kullanım için bir uyarı aracıdır. Birincil amacı, belirli zaman dilimlerinde geri dönüş fırsatları ve ayrıca göstergenin yaptığı gibi uyarıların yeniden test edilmesi (onay) konusunda sizi uyarmaktır. Pano, kendi başına bir grafik üzerinde oturacak ve seçtiğiniz çiftler ve zaman dilimlerinde size uyarılar göndermek için arka planda çalışacak şekilde tasarlanmıştır. Piyasa tersine çevrilme göstergesinin tek bir MT4'te birden fazla
TPSpro RFI Levels
Roman Podpora
4.82 (22)
TALİMATLAR         RUS   -        ENG       Bir gösterge ile kullanılması   önerilir       -       TPSpro   TREND PRO -   Sürüm MT4         Ticarette önemli bir unsur, bir ticaret aracını satın alma veya satma kararlarının alındığı bölgeler veya seviyelerdir. Büyük oyuncuların piyasadaki varlıklarını gizleme girişimlerine rağmen, kaçınılmaz olarak izler bırakırlar. Bizim görevimiz bu izleri nasıl tanımlayacağımızı ve doğru şekilde nasıl yorumlayacağımızı öğrenmekti. Ana işlevler:: Satıcılar ve
Dynamic Forex28 Navigator
Bernhard Schweigert
5 (2)
Dynamic Forex28 Navigator - Yeni Nesil Forex Ticaret Aracı. ŞU ANDA %49 İNDİRİM. Dynamic Forex28 Navigator, uzun zamandır popüler olan göstergelerimizin evrimidir ve üçünün gücünü tek bir göstergede birleştirir: Gelişmiş Döviz Gücü28 Göstergesi (695 inceleme) + Gelişmiş Döviz İMPULS ve UYARI (520 inceleme) + CS28 Kombo Sinyalleri (Bonus). Gösterge hakkında ayrıntılar https://www.mql5.com/en/blogs/post/758844 Yeni Nesil Güç Göstergesi Ne Sunuyor?  Orijinallerde sevdiğiniz her şey, şimdi ye
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
Bu gösterge paneli, seçilen semboller için mevcut en son harmonik kalıpları gösterir, böylece zamandan tasarruf edersiniz ve daha verimli olursunuz / MT5 sürümü . Ücretsiz Gösterge: Basic Harmonic Pattern Gösterge sütunları Symbol : seçilen semboller görünecektir Trend: yükseliş veya düşüş Pattern : desen türü (gartley, kelebek, yarasa, yengeç, köpekbalığı, cypher veya ABCD) Entry : giriş fiyatı SL: zararı durdur fiyatı TP1: 1. kar alma fiyatı TP2: 2. kar alma fiyatı TP3: 3. kar alma fiya
Currency Strength Exotics
Bernhard Schweigert
4.87 (31)
ŞU ANDA %20 INDIRIMLI! Herhangi bir Acemi veya Uzman Tüccar için En İyi Çözüm! Bu Gösterge, Egzotik Çiftler Emtialar, Endeksler veya Vadeli İşlemler gibi herhangi bir sembol için para birimi gücünü göstermek için uzmanlaşmıştır. Türünün ilk örneğidir, Altın, Gümüş, Petrol, DAX, US30, MXN, TRY, CNH vb. gerçek para birimi gücünü göstermek için 9. satıra herhangi bir sembol eklenebilir. Bu benzersiz, yüksek kaliteli ve uygun fiyatlı bir ticaret aracıdır çünkü bir dizi tescilli özelliği ve yeni
Grafiğinizde otomatik olarak destek ve direnç seviyeleri PLUS itici mum boşlukları çizin, böylece fiyatın nereye gidebileceğini ve / veya potansiyel olarak tersine dönebileceğini görebilirsiniz. Bu gösterge, web sitemde (The Market Structure Trader) öğretilen pozisyon ticareti metodolojisinin bir parçası olarak kullanılmak üzere tasarlanmıştır ve hedefleme ve potansiyel girişler için temel bilgileri görüntüler. Göstergede 2 TEMEL özellik ve 4 ek özellik bulunmaktadır: TEMEL ÖZELLİK 1 - Günl
Tanıtım       Kuantum Trend Keskin Nişancı Göstergesi   , trend tersine dönmeleri belirleme ve ticaret yapma şeklinizi değiştiren çığır açan MQL5 Göstergesi! 13 yılı aşkın ticaret tecrübesine sahip deneyimli tüccarlardan oluşan bir ekip tarafından geliştirilmiştir.       Kuantum Trend Keskin Nişancı Göstergesi       trend dönüşlerini son derece yüksek doğrulukla belirlemenin yenilikçi yolu ile ticaret yolculuğunuzu yeni zirvelere taşımak için tasarlanmıştır. ***Kuantum Trend Keskin Nişancı Gö
Şu anda %20 İNDİRİMLİ! Herhangi bir Acemi veya Uzman Tüccar için En İyi Çözüm! Bu gösterge paneli yazılımı 28 döviz çifti üzerinde çalışıyor. Ana göstergelerimizden 2'sine (Gelişmiş Para Birimi Gücü 28 ve Gelişmiş Para Birimi Dürtüsü) dayanmaktadır. Tüm Forex piyasasına harika bir genel bakış sağlar. Gelişmiş Para Birimi Gücü değerlerini, para birimi hareket hızını ve tüm (9) zaman dilimlerinde 28 Forex çifti için sinyalleri gösterir. Trendleri ve / veya scalping fırsatlarını belirlemek içi
Öncelikle, bu Ticaret Aracının Non-Repainting, Non-Redrawing ve Non-Lagging Gösterge olduğunu vurgulamakta fayda var, bu da onu profesyonel ticaret için ideal hale getiriyor. Çevrimiçi kurs, kullanıcı kılavuzu ve demo. Akıllı Fiyat Hareketi Kavramları Göstergesi, hem yeni hem de deneyimli tüccarlar için çok güçlü bir araçtır. İleri ticaret fikirlerini, Inner Circle Trader Analizi ve Smart Money Concepts Ticaret Stratejileri gibi 20'den fazla kullanışlı göstergeyi bir araya getirerek bir araya g
Fiyat tersine döndükçe ve geri çekildikçe piyasa yapısından elde edilen kâr değişir. Piyasa yapısını tersine çevirme uyarısı göstergesi, bir trendin veya fiyat hareketinin ne zaman tükenmeye yaklaştığını ve tersine dönmeye hazır olduğunu tanımlar. Genellikle bir geri dönüş veya büyük bir geri çekilme meydana gelmek üzereyken meydana gelen piyasa yapısındaki değişiklikler konusunda sizi uyarır. Gösterge, olası bir tükenme noktasının yakınında her yeni yüksek veya düşük oluştuğunda, başlangıçta
ADR Alert Dashboard
LEE SAMSON
3.83 (12)
ADR Uyarı Gösterge Tablosu, normal ortalama günlük aralığa göre fiyatın şu anda nerede işlem gördüğünü bir bakışta size gösterir. Fiyat, ortalama aralığı ve seçtiğiniz seviyenin üzerindeki seviyeleri aştığında, açılır pencere, e-posta veya push yoluyla anında uyarılar alacaksınız, böylece hızlı bir şekilde geri çekilmelere ve geri dönüşlere atlayabilirsiniz. Çizgi, boş bir çizelgeye yerleştirilmek üzere tasarlanmıştır ve sadece arka planda oturun ve seviyelere ulaşıldığında sizi uyarır, böylece
Satın aldıktan sonra yorum bırakın, bonus olarak 4 yüksek kaliteli gösterge alın. Chart Patterns All-in-One göstergesi, traderların teknik analizde yaygın olarak kullanılan çeşitli grafik desenlerini görselleştirmelerine yardımcı olur. Bu gösterge, potansiyel piyasa hareketlerini belirlemeye yardımcı olur ancak kârlılığı garanti etmez. Satın almadan önce göstergeyi demo modunda test etmeniz önerilir. Mevcut Teklif : "Chart Patterns All in One" göstergesinde %50 indirim. Dahil Edilen Desenler : 1
Yazarın diğer ürünleri
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Forex GOLD Investor
Lachezar Krastev
4.36 (33)
EARLY BLACK FRIDAY! --> Buy Forex GOLD Investor with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $147 ( Regular Price: $497) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the
GOLD Scalper PRO MT5
Lachezar Krastev
4.42 (19)
EARLY BLACK FRIDAY! --> Buy GOLD Scalper PRO with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! GOLD Scalper PRO Live Results:   https://www.mql5.com/en/signals/2259548 GOLD Scalper Pro  is a very effective and profitable trading strategy, professionally developed especially for trading  GOLD (XAUUSD) . I have used the m
GOLD Scalper PRO
Lachezar Krastev
4.5 (20)
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Omega Trend EA
Lachezar Krastev
4.57 (7)
EARLY BLACK FRIDAY! --> Buy Omega Trend EA with -70% OFF and get a BONUS EA -> Intelly Trader EA (new EA developed 2024)! NOTE: Black Friday price: $117 ( Regular Price: $397) - The offer ends soon! Click here to learn more about Black Friday promotion and the BONUS EA! Signal Account:  https://www.mql5.com/en/signals/1914271 For Settings, Instructions and additional LIVE Results Click Here! Omega Trend EA is a fully automated trading system which takes much of the work out of trading, leaving
BF Scalper PRO
Lachezar Krastev
4.04 (55)
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News Scope EA PRO
Lachezar Krastev
3.9 (10)
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The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
FREE
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MACD Trend EA
Lachezar Krastev
4.5 (2)
MACD Trend EA is based on the popular forex indicator MACD (Moving Average Convergence Divergence). It is fully automated trading expert advisor and completely FREE!  As the name suggests, this expert advisor uses a trend-following strategy and uses the MACD indicator to detect the beginning of uptrends and downtrends. MACD Trend EA Top Features - Trend Following Strategy - Money Management - Advanced Exit System + TP and SL  - Trailing Stop System - Broker protection System - Custom Magic
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BF News Trader EA
Lachezar Krastev
4.25 (8)
BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, exe
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Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the
FREE
Market Insider
Lachezar Krastev
3.83 (6)
Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator. The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout sig
FREE
Flex Recovery EA is meant to be almost all the time in the game – everything, but not a boring strategy. It is a countertrend strategy taking trades on the borders of a market volatility channel, combined with highly effective loss compensating algorithm. This strategy is suitable for traders with high risk profile … do not forget that “highly profitable – low risk strategy” is an oxymoron concept. If you want to beat the market at any coast, you must be all in, using aggressive money management
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Trend Power Bot
Lachezar Krastev
2.67 (6)
Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown. The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity)
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Smart Scalper PRO
Lachezar Krastev
3.75 (12)
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Filtrele:
elite luis
3351
elite luis 2023.03.31 13:47 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

ali-haider
591
ali-haider 2023.03.14 15:39 
 

great

Sebastian Kaestner
486
Sebastian Kaestner 2022.12.28 18:11 
 

A very good indicator that also works in the m1 timeframe, as long as you also take into account the trend in the m5 and m15, as well as pivot

bmv72
430
bmv72 2022.12.02 03:26 
 

Very good indicator.. Nice entry... Thanks to the author who is kind enough to give it for free

Daniel Santoso
98
Daniel Santoso 2022.08.17 08:23 
 

Good

Dohaut Hermann Bonnahin
141
Dohaut Hermann Bonnahin 2022.02.03 18:43 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

step1208
20
step1208 2022.01.24 20:00 
 

The best! Do you have it for mql5?

sei-bert
304
sei-bert 2022.01.20 11:24 
 

Запаздывает .

adnanadnan
824
adnanadnan 2021.05.30 13:16 
 

deleted

Slashev
66
Slashev 2021.04.14 17:44 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

Valentin Butorin
4123
Valentin Butorin 2020.10.18 12:10 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

Emmanuel Chukwudi Offor
2183
Emmanuel Chukwudi Offor 2020.08.21 00:26 
 

nice product i must confess, i would love to turn it into an ea, whats the possibility? pls let me know

lejeune Bauvil
631
lejeune Bauvil 2020.07.05 18:28 
 

I have been trading since 2006 I have bought, used many indicators. I have over 200 different templates, using different strategies, some better than others. Among them all, this indicator is not only the top 3, but it is the number one to me. It is not repaint. It is not lagging. You can modify the input and find different entries, different ways to trade it. So many ways. I found one way to trade it either on Forex, or Binary options. Thanks a lot for your contribution to the world of Forex. Your free indicator is far better than many paid or expensive indicators in this world I do not use the arrow. I completely eliminate them. I only the first bar when the indicator changes signals direction, wait for a pull black close to the previous High or low. No arrows. Only when the market changes, no repaint at all on the first bar.

Martin Brown
721
Martin Brown 2020.06.15 23:29 
 

This indicator is better probably than most of the paid indicators on this site. It really gives you an excellent picture of what the market is doing.

Forex Trader
79
Forex Trader 2020.05.25 23:50 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

Rupprecht
154
Rupprecht 2019.10.10 16:04 
 

A great indicator!

Unfortunately, in some cases, the arrows are repainted. They then change from blue to red or vice versa within the same candle. You can easily find such places in the strategy tester. That's very sad!

Whether that is still changeable in a new version?

That would be very nice!

Raj Max
329
Raj Max 2019.08.22 12:39 
 

V.GOOD

alexfx909
115
alexfx909 2019.07.28 13:53 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

Danilo Dorjo
393
Danilo Dorjo 2019.05.22 16:37 
 

Nice indicator, very good entries. Thank you.

bmwaddicted
372
bmwaddicted 2019.04.19 08:40 
 

5 stars from my side! Definitely a good trend indicator. I've noticed that only one person gave 2 stars review and don't understand why.

Another good thing is that the author responds really fast and is considering users advices (for example adding email alerts in the future, which in my opinion is useful to have).

Thank you for your product!

12
İncelemeye yanıt
Sürüm 1.2 2020.10.09
I have added additional parameter called "Prefix". The value of the parameter will be added as a prefix to all alerts/signals generated by Omega Trend Indicator.
Sürüm 1.1 2018.06.19
Added the Send_Push_Notifications parameter. When enabled, the Omega Trend Indicator will send Push Notifications to mobile devices of the users. By default, the new parameter is disabled. You have to set it TRUE in order to use the new functionality.