Opportunity Indicator for MetaTrader 4

[gvidas]

The Opportunity indicator is a general indicator that can be used in trend and neutral market types, along with other technical indicators of the traders choice.

The main feature of the Opportunity indicator is to show trendlines in any timeframe. It can also show breakout trendlines. Trendlines, along with moving averages, are the most reliable indicators which can predict the continuation or the end of the trend market type.

The Opportunity indicator also has the following features:

• it calculates the risk amount for one trade based on the percentage of account equity
• it shows all supports and resistances in the graph for any chosen number of levels
• it calculates the trade size so that stop-loss, triggered at the given support or resistance level, does not exceed the risk amount (spreads are also taken into account)
• it also calculates take-profit levels based on the profit-to-risk ratio
• it finds the nearest trendline point for the current and the next time period

As can be seen from the above list, the Opportunity indicator insists that rules should be followed at each moment. It frees you from the manual and repetitive work, and lets you focus on your preferred trading strategy and the moment to open the trade.

And two of the greatest features of this indicator are:

1. It frees you from committing ordinary mistakes – the number one reason that many beginner traders lose their money in the Forex.
2. If you are a fast Forex trader, looking for the best opportunities, it never lets you to miss ones.

You can get the indicator here: https://www.mql5.com/en/market/product/13154

Thank you!

 

[gvidas]

Here is the screenshot of indicator:

 

[yinka]

The Opportunity indicator is a general indicator that can be used in trend and neutral market types, along with other technical indicators of the traders choice.

The main feature of the Opportunity indicator is to show trendlines in any timeframe. It can also show breakout trendlines. Trendlines, along with moving averages, are the most reliable indicators which can predict the continuation or the end of the trend market type.

The Opportunity indicator also has the following features:

• it calculates the risk amount for one trade based on the percentage of account equity
• it shows all supports and resistances in the graph for any chosen number of levels
• it calculates the trade size so that stop-loss, triggered at the given support or resistance level, does not exceed the risk amount (spreads are also taken into account)
• it also calculates take-profit levels based on the profit-to-risk ratio
• it finds the nearest trendline point for the current and the next time period

As can be seen from the above list, the Opportunity indicator insists that rules should be followed at each moment. It frees you from the manual and repetitive work, and lets you focus on your preferred trading strategy and the moment to open the trade.

And two of the greatest features of this indicator are:

1. It frees you from committing ordinary mistakes – the number one reason that many beginner traders lose their money in the Forex.
2. If you are a fast Forex trader, looking for the best opportunities, it never lets you to miss ones.

You can get the indicator here: https://www.mql5.com/en/market/product/13154

Thank you!

Can't find the Indicator on mql5 anymore. Would you be kind enough to share it?