Centaurus Trend Engine

Descripción

https://www.mql5.com/en/market/product/21529

 This indicator uses custom indicators to give the current momentum moves of the market with a multi-timeframe approach to trading.

Features

• Value Area -It is the (red/green) rectangular box on your chart based on the dynamic structure period set;Green to indicate you focus on LONG moves & Red for SHORT moves
• Analysis – Displays The Market Analysis
• Strength – Displays The Market Strength
• Trend – Displays The Market Trend
• Entry State – Displays the BEST entry time for trades

Parameters

Settings

• Structure Period – Set Value Area, default set to 100
• Analysis Period – Set Analysis, default set to 20
• Strength Period – Set Strength, default set to 14
• Trend Period – Set Trend, default set to 14
• Entry State Alert – Set Alert for Best Entry on Trend Continuation Setups
• Structure Alert – Set Alert when Price is at the Value Area
• Horizontal – Set the distance of the Trend Engine panel to the left or right
• Vertical – Set the distance of Trend Engine panel to top or bottom

High Probability Trade Setups

Value Area Trade Setup

• SHORT Trade – Wait for price to close inside the value area then take a SHORT Trade with strong multi-timeframe confluence from the Trend Engine and the Entry State suggests you GO SHORT
• LONG Trade – Wait for price to close inside the value area then take a LONG Trade with strong multi-timeframe confluence from the Trend Engine and the Entry State suggests you GO LONG‌

Trend Continuation Setup

• SHORT Trade – Take this trade setup when price is below the value area for a SHORT Trade with strong multi-timeframe confluence from the Trend Engine and the Entry State suggests you GO SHORT
• LONG Trade – Take this trade setup when price is above the value area for a LONG Trade with strong multi-timeframe confluence from the Trend Engine and the Entry State suggests you GO LONG‌

Advantages

• You can use it in ALL financial markets including binary options on ALL asset classes or instruments
• Less clutter on your chart giving you a neat & tidy chart therefore no information overload‌

Recommendations

• Support ALL Timeframes
• Back test on simulator FIRST then forward test on DEMO for at least 1 MONTH

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