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Bar Strength Divergence indicator for MT4

5

Bar Strength Divergence Indicator for MT4

BarStrength Indicator is an exclusive indicator to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos.
BarStrength Indicator shows the strength of each candle.
The indicator shows in a separate windows candles relatively to 2 price levels representing resistance and support in the market.
Once candle is near resistance it is highly probable that price movement will change direction and will go down in the next candles.
Once candle is near support it is highly probable that price movement will change direction and will go up in the next candles.
The indicator can also be used to easily spot divergences between real price movement (main chart) and BarStrength indicator movement (indicator window).

The only input of the indicator is :

  • MaxBars: number of candles to be displayed with the indicator

BarStrength indicator can be combined with other oscillators like Stochastic or RSI for confirmation purposes.
The indicator can work with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The indicator can be used with any time frame.

İncelemeler 2
matador0312
87
matador0312 2022.12.31 08:20 
 

Simply the best divergence tool. No repaint, no bugs! Great Job. 👍👍👍

ebel
1201
ebel 2022.10.16 08:48 
 

I am loving this indicator. I am renting for a month and have made more than enough in two or three days to buy it at the end of the month. I am using two types of entry: 1. if bar strength is near or below the lower level and the trend bias is long, I scalp long (and vice versa for short) 2. if bar strength goes beyond either the upper or lower level and divergence subsequently appears, trade in the direction of the indicator. There are many opportunities.

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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
(Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone.  Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator whic
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
Bu gösterge, pratik ticaret için mükemmel olan otomatik dalga analizine yönelik bir göstergedir! Dava... Not:   Dalga sınıflandırması için Batılı isimleri kullanmaya alışkın değilim. Tang Lun'un (Tang Zhong Shuo Zen) adlandırma kuralının etkisiyle, temel dalgayı   kalem   , ikincil dalga bandını ise   segment   olarak adlandırdım. aynı zamanda segmentin trend yönü vardır. Adlandırma   esas olarak trend segmentidir   (bu adlandırma yöntemi gelecekteki notlarda kullanılacaktır, öncelikle söyleye
Jeslyn
Justine Kelechi Ekweh
Bu, hem bir kafa derisi sistemi olarak hem de çok güçlü bir ivme kazanma stratejisi olarak Forex manuel tüccarlarına, İkili opsiyon tüccarlarına veya otomasyon ticaretinde Universal EA'lar tarafından kullanılacak çok amaçlı bir sistemdir. Jeslyn, yıllarca süren araştırmalara dayanan bir stratejidir ve belirli bir fiyat eylemi stratejisine odaklanır. Basit bir ok göstergesi gibi görünebilir, ancak gelişmiş ve mantıksal algoritmalara sahiptir. Hesaplamalarını diğer göstergelerden almaz, sad
Ultimate Index Advisor, piyasa hareketlerini hassas bir şekilde analiz etmek ve dinamik olarak ticaret fırsatlarını belirlemek için tasarlanmış gelişmiş bir araçtır. Gösterge, trendlere, düzeltmelere ve geri dönüşlere göre optimize edilmiş strateji kombinasyonlarına dayalı sinyaller sunarak, farklı ticaret stilleri için çok yönlü bir araçtır. Kullanıcı dostu arayüzü ile Ultimate Index Advisor, grafik üzerinde görülebilir oklarla net giriş ve çıkış noktalarını vurgular, ticaret kararlarındaki b
Bomb Bank Signal
Igor Pereira Calil
5 (1)
Bomb Bank Signal: Your Trusted Indicator for MetaTrader 4 The Bomb Bank Signal is a powerful indicator for MetaTrader 4, designed to identify the most relevant trends in the financial market. If you are looking for a tool that accurately anticipates movements, Bomb Bank is the ally you need. How it Works: This indicator combines three distinct methods – volume analysis, candle closes and symmetrical trend – to detect and signal buying and selling opportunities. Bomb Bank is like a "bomb"
ACB Breakout Arrows
KEENBASE SOFTWARE SOLUTIONS
4.15 (34)
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move.  Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT4 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the brea
SR arrows liquid lines
Teresinha Moraes Correia
In the fifth update , the indicator now aims to predict the direction of the next candle, issuing a buy or sell arrow precisely when the conditions are met. Since its first version, which showed support and resistance levels on the chart, up to the current version 5, many improvements have been made. One of the key changes is the removal of visual support and resistance levels to prevent memory overload. This is no longer necessary, as arrows are now issued when the price is near or touches t
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Renaud Herve Francois Candel
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Renaud Herve Francois Candel
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Renaud Herve Francois Candel
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Renaud Herve Francois Candel
5 (1)
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Renaud Herve Francois Candel
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VWAP indicator for MT4
Renaud Herve Francois Candel
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Market Momentum Alerter for MT4
Renaud Herve Francois Candel
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Matrix indicator for MT4 by ITC
Renaud Herve Francois Candel
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OBOS indicator OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. Inputs of the indicator are: MaxBars : number of bars to display in your chart Smoothing period : number
Trend Direction ADX indicator for MT4 Trend Direction ADX is part of a series of indicators used to characterize market conditions. Almost any strategy only work under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc.. Trend Direction ADX is an indicator to be used to characterize trend direction: trending up trending down ranging Trend Direction ADX is based on ADX standard indi
Trend Strength MA indicator Trend Strength MA is a part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore, it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc. Trend Strength MA is an indicator to be used to characterize trend strength: Up extremely strong Up very strong Up strong No trend Down strong Down very strong Down extremely
Trend Direction Up Down indicator Trend Direction Up Down is part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility. Trend Direction Up Down is an indicator to be used to characterize trend direction (medium term trend): trending up trending down ranging Trend Direction Up Down is ba
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matador0312
87
matador0312 2022.12.31 08:20 
 

Simply the best divergence tool. No repaint, no bugs! Great Job. 👍👍👍

ebel
1201
ebel 2022.10.16 08:48 
 

I am loving this indicator. I am renting for a month and have made more than enough in two or three days to buy it at the end of the month. I am using two types of entry: 1. if bar strength is near or below the lower level and the trend bias is long, I scalp long (and vice versa for short) 2. if bar strength goes beyond either the upper or lower level and divergence subsequently appears, trade in the direction of the indicator. There are many opportunities.

İncelemeye yanıt
Sürüm 2.0 2023.07.02
New compilation
Sürüm 1.90 2023.01.18
Technical update - no change in the features