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TargetPredictor

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This indicator is very easy to use, but it is still good to follow some basic rules when using it.

Whatever time frame you use, it is always necessary to wait for a particular candlestick to complete. Only in this way can we reach certain conclusions.

You can use the indicator in both directions. When a particular currency rises and when a particular currency falls. If it happens that the targets are marked in the opposite direction than expected, go to settings and check "Reverse".

Horizontal lines represent future targets. The most important of these is the “Turning Point,” which represents the dividing line between the continuation of a trend or its rejection.

If it happens that the candlestick ends above the “Turning Point” the continuation of the trend to the first target is very likely. When the candlestick exceeds the first target, it is the turn of the second target, etc.

Enjoy using the indicator and get in touch with any comments :-)
Notes de version
This indicator is very easy to use, but it is still good to follow some basic rules when using it.

Whatever time frame you use, it is always necessary to wait for a particular candlestick to complete. Only in this way can we reach certain conclusions.

You can use the indicator in both directions. When a particular currency rises and when a particular currency falls. If it happens that the targets are marked in the opposite direction than expected, go to settings and check "Reverse".

Horizontal lines represent future targets. The most important of these is the “Turning Point,” which represents the dividing line between the continuation of a trend or its rejection.

If it happens that the candlestick ends above the “Turning Point” the continuation of the trend to the first target is very likely. When the candlestick exceeds the first target, it is the turn of the second target, etc.

Enjoy using the indicator and get in touch with any comments :-)
Notes de version
TargetPredictor Update 2

Added Reversal line
Cosmetic changes
Advanced direction detection
Fixed candle depth and grouping
Notes de version
TargetPredictor Update 3
Direction prediction FIX
More visual changes
Reverse setting option
Notes de version
TargetPredictor Update 3.1
Grammar changes in settings
Notes de version
TargetPredictor Update 4
Intelligent direction detection v2
Number of waves selection in settings
Target prices
Notes de version
TargetPredictor Update 5
Option to rotate Target predictions,
Option to show unlikely targets (7, 8, 9),
EMA 9, 20, 100 Strategy included,
Option to show EMA 200
Notes de version
Remove EMA (stability reasons)
Direction prediction on previous close
Notes de version
Add description for Turning Point 1 and Turning Point 2
Notes de version
  • Updated alerts
  • Removed some code for debugging
  • Code optimizations

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