Stop Grabber

The indicator determines a special pattern of Joe Dinapoli. It gives very high probability buy and sell signals. Indicator does not repaint.

Indicator Usage

• Buy Signal ''B''
• Entry : Market buy order at signal bar close
• Stop : Low of signal bar
• Take Profit : First swing high

• Sell Signal ''S''
• Entry : Market sell order at signal bar close
• Stop : High of signal bar
• Take Profit : First swing low

Indicator Parameters

• Fast EMA : External Parameter (should be kept as default)
• Slow EMA: External Parameter (should be kept as default)
• Signal EMA: External Parameter (should be kept as default)
• Marker Offset: Adjust display location of signal on chart
• Font Size: Size of signal letter on chart

For MT5 version, please visit => https://www.mql5.com/en/market/product/29488

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