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NovaTrend Professional

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NovaTrend Professional v1.0: Full Function Information

A complete walkthrough of each module, setting, and have in NovaTrend Professional for MetaTrader 5.

Introduction

Merchants consistently change between a number of indicators making an attempt to learn development route, spot reversals, establish assist and resistance, and time their entries. Chart litter builds up quick, conflicting alerts pile on, and the result’s hesitation as an alternative of confidence.

NovaTrend Professional solves this by combining seven highly effective analytical modules right into a single, light-weight indicator. It gives trend-following instruments, momentum-based candle coloring, adaptive trailing programs, reversal detection, dynamic assist and resistance, and crossover alerts — all from one chart window with one set of inputs. Whether or not you scalp the one-minute chart or swing commerce the each day, NovaTrend Professional adapts to your fashion.

This information covers each function intimately, serving to you configure the device on your particular buying and selling method.

Half 1: Getting Began

Set up:

• Buy or obtain NovaTrend Professional from the MQL5 Market
• Copy NovaTrend_Pro.ex5 to your MQL5/Indicators folder
• Restart MetaTrader 5 or click on “Refresh” within the Navigator panel
• Drag the indicator onto any chart
• Modify the enter parameters to allow or disable the modules you want

Interface Overview

When loaded, NovaTrend Professional shows its energetic modules straight on the value chart. Every module may be individually toggled on or off by means of the enter settings, so that you solely see what you want. The indicator makes use of color-coded strains, arrows, and candle coloring to speak development state, alerts, and key ranges at a look.

Half 2: Principal Settings

The Principal Settings group controls which modules are energetic and units the general sensitivity of the indicator.

Sensitivity

That is an important parameter in NovaTrend Professional. It controls the SuperTrend calculation and straight impacts how intently the development line follows worth. Decrease values make the SuperTrend extra delicate and nearer to cost, producing extra frequent alerts. Greater values create a wider band that filters out noise however reacts extra slowly to development adjustments.

Instance: On EURUSD H1, a Sensitivity of three.0 will provide you with tight, responsive alerts splendid for energetic buying and selling. A Sensitivity of 8.0 offers wider alerts higher fitted to swing buying and selling on greater timeframes.

Module Toggles

Every toggle permits or disables the corresponding module. By default, essentially the most generally used modules are enabled. You possibly can flip off any module you don’t want to maintain the chart clear and scale back visible noise.

Tip: Begin with the default settings and disable modules one after the other till you discover the mixture that matches your buying and selling fashion. There isn’t a efficiency penalty for conserving unused modules disabled.

Half 3: SuperTrend

The SuperTrend is the core trend-following part of NovaTrend Professional. It attracts a color-changing line on the chart: blue when the development is bullish and purple when the development is bearish.

Methods to Learn It

• Blue line beneath worth: Bullish development — search for lengthy entries
• Crimson line above worth: Bearish development — search for brief entries
• Inexperienced arrow: Purchase sign seems when worth crosses above the SuperTrend with worth above the 13-period shifting common
• Crimson arrow: Promote sign seems when worth crosses beneath the SuperTrend with worth beneath the 13-period shifting common

The purchase and promote arrows seem solely on the newest candle to maintain the chart clear and focus your consideration on actionable alerts.

Instance: On XAUUSD M15, when the SuperTrend flips from purple to blue and a inexperienced arrow seems, it alerts a possible lengthy entry. Use the Good Path as your trailing cease degree.

Half 4: Good Path

The Good Path is an adaptive trailing cease system that adjusts dynamically to market volatility. It attracts two strains: a stable path line and a dotted Fibonacci extension line.

Good Path Settings

ATR Interval determines what number of bars are used to measure volatility. Shorter intervals react quicker to volatility adjustments; longer intervals present smoother readings.

ATR Issue acts as a multiplier for the path distance. Greater values place the path farther from worth, giving trades extra room to breathe. Decrease values produce a tighter path.

Modified Path Kind permits an enhanced volatility calculation that reduces whipsaws throughout hole eventualities and sudden spikes. When set to true, the path adapts extra intelligently to uncommon worth habits. Set to false for normal True Vary calculations.

Methods to Learn It

• Blue stable line: Bullish trailing cease — place your stop-loss close to this degree throughout longs
• Crimson stable line: Bearish trailing cease — place your stop-loss close to this degree throughout shorts
• Dotted Fibonacci line: Represents a 78.6% retracement between the acute worth and the path. Use it as an intermediate goal or tighter trailing reference

Instance: You enter an extended commerce on GBPUSD H1 when the Good Path turns blue. The stable blue line is at 1.2650 — that is your trailing cease. The dotted Fibonacci line at 1.2680 offers you a tighter danger reference. As worth strikes up, each strains comply with.

Half 5: Vary Filter

The Vary Filter gives noise-filtered development detection by smoothing out insignificant worth actions. It attracts a thick color-coded line on the chart.

Methods to Learn It

• Inexperienced line: Uptrend confirmed — worth is shifting meaningfully greater
• Crimson line: Downtrend confirmed — worth is shifting meaningfully decrease
• Grey line: Impartial / no clear route

The Vary Filter excels at filtering out sideways chop. When the road is flat and grey, it alerts that there isn’t any tradeable development. When it turns inexperienced or purple, it means worth has moved sufficient to determine a transparent route.

Tip: Mix the Vary Filter route with SuperTrend alerts. When each agree (e.g., SuperTrend is blue AND Vary Filter is inexperienced), the likelihood of a sustained development transfer will increase considerably.

Half 6: SuperIchi

SuperIchi is an enhanced Ichimoku-style system that makes use of adaptive calculations as an alternative of fastened lookback intervals. It shows Tenkan, Kijun, Senkou A, and Senkou B strains, together with crossover alerts.

SuperIchi Settings

Size parameters management the lookback window for every part. Multiplier parameters management the sensitivity of every line to volatility adjustments. Greater multipliers produce wider, smoother strains; decrease multipliers produce tighter, extra responsive strains.

Methods to Learn It

• Tenkan (Blue line): Quick sign line — reacts rapidly to cost adjustments
• Kijun (Orange-Crimson line): Sluggish bottom line — acts as dynamic assist/resistance
• Senkou A and Senkou B (Dotted strains): Kind the cloud — when A is above B the cloud is bullish, when B is above A the cloud is bearish
• Blue circle arrow: Tenkan crosses above Kijun — bullish crossover sign
• Orange circle arrow: Tenkan crosses beneath Kijun — bearish crossover sign

Instance: When the Tenkan crosses above the Kijun and worth is above the cloud, it is a robust bullish confluence. Mix this with a inexperienced Vary Filter for added affirmation.

Half 7: TBO (Pattern Breakout)

TBO makes use of a dual-EMA crossover system to establish development breakout moments. It shows triangle arrows on the chart when crossovers happen.

TBO Settings

TBO Quick EMA is the shorter-period shifting common. TBO Medium EMA is the longer-period common. When the quick EMA crosses above the medium EMA, a inexperienced upward triangle seems. When it crosses beneath, a magenta downward triangle seems.

Methods to Learn It

• Inexperienced triangle beneath worth: Bullish breakout — quick EMA crossed above medium EMA
• Magenta triangle above worth: Bearish breakout — quick EMA crossed beneath medium EMA

Tip: TBO alerts work finest as affirmation. When a TBO lengthy sign aligns with a SuperTrend purchase arrow and a inexperienced Vary Filter, the confluence is robust.

Half 8: Reversal Alerts

Reversal Alerts detect momentum exhaustion factors the place the market could also be about to reverse route. They seem as coloured arrows on the chart.

Reversal Settings

Reversals Sensitivity controls the lookback interval for the momentum calculation. Greater values produce fewer, extra dependable alerts. Decrease values produce extra frequent alerts.

Reversal Down Degree units the brink for bearish reversals. When momentum drops beneath this degree from above, a down arrow seems. Reversal Up Degree units the brink for bullish reversals. When momentum rises above this degree from beneath, an up arrow seems.

Methods to Learn It

• Blue up arrow: Bullish reversal — momentum was oversold and is now recovering
• Orange down arrow: Bearish reversal — momentum was overbought and is now declining

Instance: A blue up arrow seems on XAUUSD at a key assist degree whereas the Vary Filter continues to be inexperienced. This implies the pullback could also be ending and the uptrend is about to renew.

Half 9: Reversal Cloud

The Reversal Cloud plots three pairs of adaptive volatility bands round worth, making a layered zone system for figuring out potential reversal areas.

Reversal Cloud Settings

Band Size controls the adaptive smoothing interval. Greater values produce smoother, slower-reacting bands. Decrease values make the bands extra responsive.

The three deviation ranges create three concentric zones:

• Frontrun Band (Deviation 9): The innermost band — early warning zone. Worth reaching this degree could begin to reverse
• Preliminary Band (Deviation 11): The center band — customary reversal zone. Most reversals happen on this space
• Closing Band (Deviation 14): The outermost band — excessive zone. Worth reaching this degree is stretched and a reversal is very possible

Higher bands seem as maroon dotted strains; decrease bands seem as teal dotted strains.

Instance: Worth on BTCUSD H4 is pushing into the higher Preliminary Band (Deviation 11) whereas an orange Reversal Sign arrow seems. This double confluence on the band edge is a powerful brief sign.

Half 10: TP Factors

TP Factors (Take Revenue Factors) mark potential exhaustion factors on the chart the place tendencies could stall or reverse. They seem as small cross markers.

Methods to Learn It

• Cross marker above a candle: Potential sell-side exhaustion — contemplate taking revenue on longs or awaiting a brief setup
• Cross marker beneath a candle: Potential buy-side exhaustion — contemplate taking revenue on shorts or awaiting an extended setup

TP Factors usually are not entry alerts. They’re designed that will help you handle open positions by highlighting moments when the present transfer could also be shedding steam.

Tip: If you’re in a worthwhile lengthy commerce and a TP cross seems above the candle, contemplate tightening your cease or taking partial earnings.

Half 11: PSAR (Parabolic SAR)

The built-in Parabolic SAR gives an extra development affirmation layer utilizing coloured dots.

Methods to Learn It

• Inexperienced dots beneath worth: Bullish — the SAR helps an uptrend
• Crimson dots above worth: Bearish — the SAR helps a downtrend

PSAR is disabled by default. Allow it while you need an extra trailing cease reference or development affirmation device.

Half 12: MACD Candle Coloring

The Candle Coloring module paints every candle with one in every of seven colours based mostly on momentum energy, supplying you with an on the spot visible learn of how robust the present development is.

MACD Candle Colour Settings

Colour Information:

Tip: When candles shift from Lime/Inexperienced to Purple or Darkish Inexperienced, it’s an early warning that bullish momentum is fading — even earlier than the SuperTrend adjustments colour.

Half 13: Assist and Resistance

The S/R module robotically detects and attracts horizontal assist and resistance ranges on the chart based mostly on historic pivot factors.

S/R Settings

S/R Power controls what number of occasions a degree should be examined to qualify as a sound assist or resistance zone. Greater values present fewer however stronger ranges. Decrease values present extra ranges together with weaker ones.

S/R Lookback Interval determines how far again the indicator searches for pivot factors. A worth of 284 seems to be again roughly one yr on the each day chart.

Methods to Learn It

• Inexperienced horizontal line: Assist degree — worth is at present above this degree
• Crimson horizontal line: Resistance degree — worth is at present beneath this degree

Strains are recalculated on the newest bar, so that they replace in actual time as new knowledge is available in.

Instance: Worth approaches a purple resistance line at 1950.00 on XAUUSD whereas the Reversal Cloud higher band is close by and candles are turning Purple. This triple confluence suggests the resistance could maintain.

Half 14: Configuration Suggestions

Foreign exchange Scalping (M1-M15)

For scalping, use a low Sensitivity worth and hold solely the quickest modules energetic. The SuperTrend, Good Path, Vary Filter, and Candle Coloring provide you with every part you want for fast entries and exits with out chart litter.

Foreign exchange Swing Buying and selling (H1-D1)

For swing buying and selling, use greater Sensitivity to filter noise and allow extra modules for complete evaluation. The SuperIchi cloud, TBO alerts, and Reversal Cloud bands present the confluence wanted for higher-timeframe selections.

Gold / XAUUSD (M15-H4)

Gold is risky and trending, making it splendid for the total NovaTrend Professional suite. The default settings work properly. TP Factors are particularly helpful on gold to catch exhaustion factors throughout robust strikes.

Crypto (H1-D1)

Crypto markets are extremely risky. Improve the ATR Issue and Band Size barely to keep away from false alerts throughout excessive strikes. The broader Good Path offers your positions room to outlive typical crypto volatility.

Half 15: Multi-Module Confluence Methods

The actual energy of NovaTrend Professional comes from combining a number of modules for high-probability commerce setups. Listed here are some confirmed confluence mixtures:

Robust Pattern Entry

• SuperTrend purchase/promote arrow seems
• Vary Filter agrees (similar colour route)
• Candle Coloring reveals Lime or Inexperienced (for longs) or Crimson or Crimson (for shorts)
• Use Good Path as your stop-loss degree

Reversal Commerce

• Worth reaches Reversal Cloud outer bands
• Reversal Sign arrow seems
• TP Level marker confirms exhaustion
• Candle colour shifts to Purple (transition)

Breakout Affirmation

• TBO triangle sign seems
• SuperIchi Tenkan/Kijun crossover in the identical route
• Worth breaks by means of a Assist/Resistance degree
• Vary Filter adjustments colour to match the breakout route

Conclusion

NovaTrend Professional gives a professional-grade, all-in-one technical evaluation suite for MetaTrader 5 merchants:

• SuperTrend + Good Path — Exact development following with adaptive trailing stops and Fibonacci references
• Vary Filter — Noise elimination to maintain you on the suitable aspect of the development
• SuperIchi + TBO — Multi-layered crossover and cloud programs for deep development evaluation
• Reversal Cloud + Reversal Alerts + TP Factors — Complete reversal detection from momentum exhaustion to volatility extremes
• MACD Candle Coloring — Instantaneous visible momentum evaluation with a 7-color gradient system
• Assist/Resistance — Computerized pivot-based degree detection that updates in actual time

The important thing to success is matching the configuration to your buying and selling fashion. Begin with the default settings, grasp the interface on a demo account, then steadily customise as you develop your edge. Use module toggles to maintain your chart clear and centered on what issues to you.

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