Technical Indicators for MetaTrader 5

ProfitZone PRO MT5

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MetaTrader 5
Evgenii Aksenov
15 January 2020


INFINITY ProfitZone calculated from the volatility range of bulls and bears. It shows the change in the local trend and entry points, displays the support line and ProfitZone and LimitZone (resistance) trend, shows the time limits for the end of these zones, which are very likely to be reached.

#1 ProfitZone- is the average price of trend (calculated by parameter "Averaging period for calculating parameters")

#2 LimitZone- is the average level of price deviation from the trend (calculated by parameter "Averaging period for calculating parameters"). Used to place limit orders.

The built-in additional indicator (HTF-Filter) signals the trend of the higher timeframe.

The longer "Averaging period for calculating parameters" period (bars), the more stable these levels are. I recommend to use 1000-3000 bars.

#3 Support Line- most often, the price is not far beyond this support. But there are exceptions.

#4 - is 1/2 of ProfitZone. Using for close the 1st TP level. 

#5 - Closing the 2nd order at the expiration of the time or at the ProfitZone border (calculated by the parameter “Averaging period for calculating the parameters”)

MT4 version:!tab=tab_p_overview

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RISK WARNING: is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.