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Showing posts with label Roberto Jacobs Indicator. Show all posts
Showing posts with label Roberto Jacobs Indicator. Show all posts

Mastering Price Action: Forex Candlestick Patterns (FCP) for MT5

Mastering Price Action: Forex Candlestick Patterns (FCP) for MT5

Author: Roberto Jacobs (3rjfx)

Introduction

In the world of professional trading, price action is the language of the market. While indicators provide context, candlestick patterns provide the signal. Today, we are diving deep into the FCP (Forex Candlestick Patterns) for MT5, a high-performance tool designed to identify high-probability reversal and continuation patterns with surgical precision.

FCP is the Forex Candlestick Patterns indicator with alert based on Japanese Candlestick Strategies by the legendary Japanese Munehisa Homma, which can help traders penetrate price action inside of financial markets.
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MAW_MTF Indicator: Multi‑Timeframe Moving Average for MT5

MAW_MTF Indicator: Multi‑Timeframe Moving Average for MT5

Author: Roberto Jacobs (3rjfx)

Introduction

In the fast-paced world of Forex trading, the biggest mistake a trader can make is "fighting the trend". But with multiple timeframes to monitor, how can you stay aligned with the market's true direction without cluttering your screen with dozens of windows?

Introducing MAW_MTF (Moving Average Wave Multi-Timeframe)—a sophisticated yet intuitive indicator designed to give you a "bird’s-eye view" of the market trend across all timeframes, from M1 to Monthly, in a single dashboard.

The MAW_MTF (Moving Average Wave Multi-Timeframe) indicator is designed for MetaTrader 5 to scan and calculate Moving Averages across multiple timeframes. It provides traders with a visual representation of directional movement and alerts when strong signals appear.
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William's Percent Range Multi-Timeframe Indicator for MT5

William's Percent Range Multi-Timeframe Indicator for MT5

Author: Roberto Jacobs (3rjfx)

1. Introduction

The Williams' Percent Range (WPR) is a highly respected momentum oscillator used by technical analysts to identify overbought and oversold conditions. However, the standard MetaTrader 5 (MT5) version of this indicator often confuses traders because it utilizes negative values (ranging from 0 to -100).

So, the value of the Williams’ Percent Range Multi-Timeframe indicator in the WPR_MTF indicator is not obtained using the Indicator Handle. Instead, the structure and code of the Williams’ Percent Range indicator because I created the iWPR Plus code, so I can write the code directly in the function.
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Parabolic SAR Multi-Timeframe Indicator for MT5

Parabolic SAR Multi-Timeframe Indicator for MT5

Author: Roberto Jacobs (3rjfx)

1. Introduction

The Parabolic SAR (Stop and Reverse) is a staple in technical analysis, primarily used to identify trend direction and potential reversal points. However, trading based on a single timeframe often leads to "market noise" and false signals.

The SAR_MTF indicator, created by Roberto Jacobs, addresses this limitation by scanning and calculating Parabolic SAR values across 21 different timeframes simultaneously—ranging from M1 to Monthly (MN1). By aggregating this data into a single interactive dashboard, traders gain a bird's-eye view of the market trend across the entire spectrum of time.
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