FrontRunner

Front running is a high frequency trading method of placing orders before large orders available in market book. This increases your chances to hit small take profit and eliminate stop loss behind the large order. This technique is highly profitable in comparison to most others, and is often considered to be illegal, if used by agents to make a profit at the expense of the client.

Unfortunately, Forex does not provide the order 0book. Nevertheless, large orders influence price action in a similar way: when a considerable volume is placed at a specific price level, price can hit and retreat from the level several times. This can be seen on small timeframes, such as M1.

This indicator analyses configuration of successive candles and highlights price levels, where OHLC values, specifically highs and lows, are concentrated in an unusual way.

nclick="viewGallery_GalleryManager.GoToPrev();"> nclick="viewGallery_GalleryManager.GoToPrev();">

ta itemprop="image" content="https://c.mql5.com/31/187/frontrunner-screen-5694.png" />

nclick="viewGallery_GalleryManager.GoTonext();"> nclick="viewGallery_GalleryManager.GoTonext();">