Technical Indicators for MetaTrader 5

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MetaTrader 5

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AI Footprint Scalping and Binary

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Indicators
MetaTrader 5
Angelo Capoferri
1.1
5

Overview

THIS INDICATOR, BASED ON ARTIFICIAL INTELLIGENCE, identifies possible market reversal points by reading the footprint, and signals IN ADVANCE small market movements before they occur. Unlike price and volume indicators, which generate "late" entries, i.e. when a confirmation in price or volume has already occurred on a change in direction, and therefore often the movement has already ended, this indicator signals, based on what it reads in the footprint, "WHEN THE MOVEMENT SHOULD HAPPEN" and therefore offers the possibility of entering the market immediately when the movement begins. it not only generates signals on reversals, but also signals of continuation of an already ongoing trend.

the indicator, thanks to artificial intelligence, reads the contracts actually executed on the market for each level (not the contracts in the book waiting to be executed, which are removed by algotrading just before being executed). The indicator is able to distinguish between contracts executed in bid and ask (therefore essentially recognizing aggressive orders from passive orders), the frequency and aggressiveness with which they are executed on the market (therefore it detects the intention of a large operator to " push" the market in a certain direction) and recognizes (thanks to the data flow) "ICEBERG" orders, i.e. large orders fragmented into small pieces to "hide" the size of the order but always belonging to the same operator. It also recognises, again based on the contracts entered into, the phases of exhaustion and absorption, which generate a price reversal. when one or more of these conditions occur simultaneously, the indicator, after having processed them in a few milliseconds, generates an immediate "Long or Short" entry signal, emitting an acoustic warning and drawing an arrow on the chart in the direction in which the market will go . entry into the market must be immediate and you must exit immediately after making a handful of pips. the indicator therefore does not generate entry signals at the opening of the candle, at the closing of the candle, at the opening of the next candle, but generates entry signals during the life of the candle, when a market "push" condition in a certain direction occurs.

The INDICATOR therefore identifies the starting points of small long and short movements, it is ideal for scalping by taking a handful of pips and is excellent for short-term binary options (1-2-3-5 minutes). obviously to do scalping you need a broker with a spread of zero or very close to zero.

the indicator only works on real market futures contracts (official, regulated example CME, EUREX...) equipped with real data flow, it does not work on the CFD market or on spot contracts (e.g. eur/usd). to operate on CFDs or spot currency, spot cryptocurrency, etc. it is necessary to operate with 2 charts on 2 distinct metatraders: you must make the indicator work on the metatrader where futures with real volumes are displayed, and at the same time open a second metatrader where you has the chart of the CFD or spot currency where you intend to operate. Concrete examples follow in the slides.

THE BEST OPERATING TIME is when the market is most liquid, during the "dead" times few signals are generated and with a lower reliability index. IT IS RECOMMENDED NOT TO TRADE DURING SPEECHES BY CENTRAL BANKS OR WHEN MACROECONOMIC DATA IS RELEASED: AT THOSE MOMENTS THE MARKET IS UNCONTROLLABLE.

for scalping: always use stop losses and correct money management

for binary options: use adequate money management: no more than 5% of the capital for each trade, but better to use low-risk money management such as Masaniello.

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