Cybertrade Auto Fibonacci
Cybertrade Auto Fibonacci retraction and projection - MT5
##### Free indicator for an indefinite period. #####
Auto Fibonacci is an indicator that automatically plots the Fibonacci retracement and projection based on the number of bars you select in the indicator setting.
You can customize nine different levels of retraction and three levels of projection.
It works on periods longer than the period visible on the chart.
All values ββare available in the form of buffers to simplify possible automations.
This indicator is the same one we use in our EA.
Also check out our other products.
Cybertrade Auto Fibonacci retraction and projection - MT5
##### Free indicator for an indefinite period. #####
Auto Fibonacci is an indicator that automatically plots the Fibonacci retracement and projection based on the number of bars you select in the indicator setting.
You can customize nine different levels of retraction and three levels of projection.
It works on periods longer than the period visible on the chart.
All values ββare available in the form of buffers to simplify possible automations.
This indicator is the same one we use in our EA.
Also check out our other products.
Forwarded from π
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Auto Supply and Demand Indicator MT4/MT5
This Supply and Demand Indicator is an Indicator for MT4 or MT5 that automatically spots Supply and Demand levels and plots them on the chart. The Auto Supply and Demand Indicator aims to aid traders in their daily trading by automatically identifying and drawing rectangular areas on the MT4 and MT5 charts where the price has previously interacted.
This is an entirely free Indicator without any restrictions made by the fxssi.com website. There are more useful free and paid indicators on this website. So check out their other indicators and show some love for the FXSSI Indicators.
This Supply and Demand Indicator is an Indicator for MT4 or MT5 that automatically spots Supply and Demand levels and plots them on the chart. The Auto Supply and Demand Indicator aims to aid traders in their daily trading by automatically identifying and drawing rectangular areas on the MT4 and MT5 charts where the price has previously interacted.
This is an entirely free Indicator without any restrictions made by the fxssi.com website. There are more useful free and paid indicators on this website. So check out their other indicators and show some love for the FXSSI Indicators.
Forwarded from π
π ππ«πππ πππ«π€πππ¬
The Algorithm Behind the Supply and Demand Indicator
The Supply and Demand Indicator operates on a sophisticated algorithm that makes extensive use of the ZigZag pattern to detect significant price levels:
ZigZag Pattern: This pattern identifies the highs and lows in the price chart, which are crucial for spotting price swings and subsequently, potential supply and demand zones.
Supply and Demand Levels: The indicator uses the ZigZag data to pinpoint important supply and demand levels, visually represented as histograms on the chart.
Volume Assessment: The proximity of the price to these levels dictates the histogramβs volume, providing a quantitative measure of market interest and sentiment.
Combining the ZigZag pattern with volume assessment gives traders a comprehensive view of upcoming price movements and market conditions.
The Supply and Demand Indicator operates on a sophisticated algorithm that makes extensive use of the ZigZag pattern to detect significant price levels:
ZigZag Pattern: This pattern identifies the highs and lows in the price chart, which are crucial for spotting price swings and subsequently, potential supply and demand zones.
Supply and Demand Levels: The indicator uses the ZigZag data to pinpoint important supply and demand levels, visually represented as histograms on the chart.
Volume Assessment: The proximity of the price to these levels dictates the histogramβs volume, providing a quantitative measure of market interest and sentiment.
Combining the ZigZag pattern with volume assessment gives traders a comprehensive view of upcoming price movements and market conditions.
Trend Plus Breakout
The Trend Plus Breakout strategy is a robust trading system that builds on the principles of the London Breakout strategy, similar to the Hans Breakout method but with modifications aimed at enhancing the box size from which trading signals are derived. This guide will explore the mechanics of the Trend Plus Breakout strategy, which is ideal for traders who focus on the Forex market and seek to capitalize on the specific movements during the early London session.
The strategy operates on a 15-minute timeframe, focusing on the period from 6 to 9 AM GMT, corresponding to early trading hours in Berlin. During these hours, the strategy identifies a βboxββa range that encapsulates the high and low price movements. The goal is to determine breakout points as the market moves beyond this established range.
The Trend Plus Breakout strategy is a robust trading system that builds on the principles of the London Breakout strategy, similar to the Hans Breakout method but with modifications aimed at enhancing the box size from which trading signals are derived. This guide will explore the mechanics of the Trend Plus Breakout strategy, which is ideal for traders who focus on the Forex market and seek to capitalize on the specific movements during the early London session.
The strategy operates on a 15-minute timeframe, focusing on the period from 6 to 9 AM GMT, corresponding to early trading hours in Berlin. During these hours, the strategy identifies a βboxββa range that encapsulates the high and low price movements. The goal is to determine breakout points as the market moves beyond this established range.
Trend-Plus-Breakout-System.zip
47.4 KB
This London Breakout Strategy is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.
This Breakout Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
This Breakout Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
Silver Trend Following Scalping Strategy for MT5
Silver Trend Following Strategy is an MT5 Scalping Strategy that relies on two NON-Repainting indicators. Itβs a strategy known for its fast trade execution and short holding periods, two precise indicators and a clear set of rules. This is where the Silver Trend Following Scalping Strategy shines, offering traders a systematic approach to making quick, trend-based trades with a high potential for profitability.
The strategy is built upon two main indicators that are key for identifying trading opportunities: the Silver Trend and a Star indicator. The Silver Trend indicator is configured to move very slowly, ensuring that it accurately captures the essence of the market trend without being swayed by minor fluctuations. This deliberate pacing allows traders to confirm the presence of a solid trend before making their move.
Silver Trend Following Strategy is an MT5 Scalping Strategy that relies on two NON-Repainting indicators. Itβs a strategy known for its fast trade execution and short holding periods, two precise indicators and a clear set of rules. This is where the Silver Trend Following Scalping Strategy shines, offering traders a systematic approach to making quick, trend-based trades with a high potential for profitability.
The strategy is built upon two main indicators that are key for identifying trading opportunities: the Silver Trend and a Star indicator. The Silver Trend indicator is configured to move very slowly, ensuring that it accurately captures the essence of the market trend without being swayed by minor fluctuations. This deliberate pacing allows traders to confirm the presence of a solid trend before making their move.
Silver-Trend-Following-Scalping-Strategy.zip
42.6 KB
On the other hand, the Star indicator is set to react quickly, enabling traders to enter and exit trades at the most opportune moments. This combination of a slow-moving trend indicator with a fast timing indicator is what makes the Silver Trend Following Scalping Strategy uniquely effective.
This MT5 Trend Following Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
This MT5 Trend Following Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.