Sensitive Signal Indicator

The Sensitive Signal (SS) indicator, using the filtering methods developed by the author, allows, with a high degree of probability, to establish the beginning of the true (filtered from interference - random price walks) trend movement. It is clear that such an indicator is very effective for trading on the currency exchange, where signals are highly distorted by random noise. The filtration developed by the author is carried out in several iterations and reveals the true trajectory of the regular price movement (more precisely, the most likely curve of such movement) and draws it.

Indicator readings are visual, extremely simple and do not require comments. Blue triangles are located on the uptrend of the regular component of the price movement, red triangles - on the downward. Accordingly, entry points for Buy are where the blue triangles appear immediately behind the red triangles, and for Sell, the opposite. The level of sensitivity of the indicator is adjusted by setting «Select sensitivity level». At the same time, you need to understand that increasing the sensitivity level not only reduces the signal delay (which, in fact, is small for all levels), but increases the probability of issuing a false signal.

Indicator settings.

1. Price type - applied price. Values: Close price, Open price, High price, Low price, Median price ((high + low)/2 - default), Typical price ((high + low + close)/3), Weighted price ((high + low + 2*close)/4).
2. The averaging method - averaging method. Values: Simple, Exponential(default), Smoothed, Linear weighted.
3. The averaging period - - averaging period. Values: any integer (20 default).
4. Selectsensitivitylevel - sensitivity level of the Indicator. Values: Low, Middle (default), High and Strongest.
5. Dimensions of markers – Dimensions of the markers. Values: any integer (2 default).

Screenshots.

Download or buy Sensitive Signal indicator can be on the link.

In the latest (2.0) version of the indicator, all kinds of alerts have been added. The alert is activated when the indicator indications (for the trend direction) coincide on the last two bars.


Indicator settings.

1. Price type - applied price. Values: Close price, Open price, High price, Low price, Median price ((high + low)/2 - default), Typical price ((high + low + close)/3), Weighted price ((high + low + 2*close)/4).
2. The averaging method - averaging method. Values: Simple, Exponential(default), Smoothed, Linear weighted.
3. The averaging period - averaging period. Values: any integer (20 default).
4. Selectsensitivitylevel - sensitivity level of the Indicator. Values: Low, Middle (default), High and Strongest.
5. Dimensions of markers – Dimensions of the markers. Values: any integer (2 default).
6. The Signal method - Type of trading signal alert. Values: No, Send alert, Print (in expert), Comment (in chart), Sound + Print, Sound + Comment, Sound.

This just can be test on strategies tester? No good

Unfortunately, the developers of the MQL5 website present only such possibilities of checking the products of the market.

look good but if I can not test on my account I don't will buy.

I'm sorry. But I have to follow the rules of the site-MQL5 trading platform.

No problem, you can send the indicator with expire date. If you do that people can try and you will get more happy customers.

A friend of mine! This is all clear. But the indicators are not sold by me, but by the MQL5 website, which prohibits imposing restrictions on the operation of paid products. They do not have a demonstration of the product with expire date.

So it looks to me that this indicator works in the following way...

If we get a higher close we get a blue arrow another higher close a blue arrow, then if we get a lower close we get a blue arrow and if the next is a lower close we then get a red arrow.

Is this correct?

Chris

Of course not. There is complex filtering. See the indicator operation with averaging periods: 14, 28, 56, 112.

In the new version of the sensitivity signal 3.0 https://www.mql5.com/en/market/product/34171
(1) Added push and mail alert types.
(2) The number of signal identification methods have been introduced.

Sensitive Signal on the Renko chart

Sensitive Signal (new version)

Attached Image (click to enlarge)

Sensitive Signal

The Sensitive Signal (SS) indicator, using the filtering methods developed by the author, allows, with a high degree of probability, to establish the beginning of the true (filtered from interference - random price walks) trend movement. It is clear that such an indicator is very effective for trading on the currency exchange, where signals are highly distorted by random noise. The filtration developed by the author is carried out in several iterations and reveals the true trajectory of the regular price movement (more precisely, the most likely curve of such movement) and draws it.
Indicator readings are visual, extremely simple and do not require comments. Blue triangles are located on the uptrend of the regular component of the price movement, red triangles - on the downward. Accordingly, entry points for Buy are where the blue triangles appear immediately behind the red triangles, and for Sell, the opposite. The level of sensitivity of the indicator is adjusted by setting « Select sensitivity level». At the same time, you need to understand that increasing the sensitivity level not only reduces the signal delay (which, in fact, is small for all levels), but increases the probability of issuing a false signal.

Possible moments of the change in the direction of price movement are also indicated by arrows.

The indicator has all kinds of alerts. Alert may be turned on: 1) if the indications of the indicator coincide (regarding the direction of the trend) on the last two bars; 2) on a closed candle; 3) on the closed candle and the bar preceding it.


Indicator settings.

1. Price type - applied price. Values: Close price, Open price, High price, Low price, Median price ((high + low)/2 - default), Typical price ((high + low + close)/3), Weighted price ((high + low + 2*close)/4).
2. The averaging method - averaging method. Values: Simple, Exponential(default), Smoothed, Linear weighted.
3. The averaging period - averaging period. Values: any integer (14 default).
4. Selectsensitivitylevel - sensitivity level of the Indicator. Values: Low, Middle (default), High and Strongest.
5. Dimensions of markers – Dimensions of the markers. Values: any integer (2 default).
6. The display method - Values: Show trend arrows and show change trend arrows (default), Show only trend arrows, Show only change trend arrows.
7. Trend UP arrow color= DeepSkyBlue
8. Trend DOWN arrow color=Red
9. Down arrow color=Magenta
10. Up arrow color=Lime
11. Signal Identification Method - Values: By the last two bars (default), By closed candle, By closed candle and by the previous for it bar.
12. The Signal method - Type of trading signal alert. Values: No, Send alert, Print (in expert), Comment (in chart), Sound + Print, Sound + Comment, Sound, Push + Comment, Push, Mail + Comment, Mail.

This indicator is a type of moving average that is freely available here and many other forums, all the vendor has done is changed the way the indicator displays from line to arrows.

Absolutely wrong. This indicator is based on an iterative moving average developed by the author of this indicator.

A new version (v5.0) of the Sensitive Signal indicator has been released

1. Improved filtering algorithm for random market noise.
2. Based on the current distributions of the probability of prices and the given probability of obtaining unprofitable trades, the StopLoss lines were calculated and visualized.
3. Added the function of calculating the lot based on the size of the deposit, the permissible % loss level and the StopLoss position.

Attached Image (click to enlarge)

A new version (v5.1) of the Sensitive Signal indicator has been released

Attached Image (click to enlarge)

Looks quite promising. Can I give it a try? Please let me know.

No problem. There is a free distribution version of this indicator. Sensitive Signal FREE

A new version (v6.0) of the Sensitive Signal indicator has been released

Attached Image (click to enlarge)

Attached Image (click to enlarge)