PGS Indicators
- 1. PGS Indicator (TradingView) – The main multi-timeframe indicator that displays structure, momentum, and key price zones.
- 2. PGS Strategy (TradingView) – A backtesting tool that simulates the PGS Indicator’s logic for strategy testing and optimization.
- 3. PGS Lite Indicator (TradingView) – A simplified version for fast setups, ideal for quick analysis or mobile use.
- 4. PGS MT5 Indicator – The MetaTrader 5 companion version, fully synchronized with the PGS Trade Panel and automation rules.
Each indicator follows the same goal — to give structure, clarity, and consistency to your trading decisions.
| # | Feature | Description |
|---|---|---|
| BASIC SETTINGS SECTION | ||
| 1 | Panel Size | Adjusts panel dimensions and font size. Allows showing or hiding daily profit, open profit, and daily pips. |
| 2 | Lot, SL & TP | Defines the default lot size, Stop Loss, and Take Profit values for all trades. |
| 3 | Limit Buttons Distances | Sets how far limit orders are placed from price — using bar-based or fixed pip distance. |
| 4 | Scale-In Orders S+/S- | Defines how additional trades are placed when in profit or loss conditions. |
| 5 | Load Template | Loads a saved trading setup or visual template directly from the chart. |
| 6 | PGS MT5 Indicator Load on Chart | Automatically loads the Profit Guard System MT5 Indicator alongside the panel. |
| 7 | Slippage or Max. Deviation | Sets the maximum allowable price deviation when executing market orders. |
| RULES & FILTERS SECTION | ||
| 8 | All Good to Trade Sound Alert | Plays a sound when all trading conditions align for entry. |
| 9 | GMT NY Time Zone Filter | Restricts trading activity to specific time zones or sessions. |
| 10 | Divide Entry Lot in 3 Parts | Splits entry volume into three smaller trades for staged execution. |
| 11 | Daily Max. Loss / Profits / Breaks | Defines daily loss and profit limits, with auto-stop when limits are reached. |
| 12 | Max. Trades Open & Scale-In Distances | Limits the number of open trades and distance for adding new positions. |
| 13 | First EMA | Sets the period for the first exponential moving average filter. |
| 14 | Second EMA | Defines the secondary EMA period used for trend comparison. |
| 15 | Bollinger Bands Trend Filter | Uses Bollinger Band direction to filter trade entries. |
| 16 | Mid BBand Price Distance Filter | Blocks entries if price is too far from the Bollinger Band middle line. |
| 17 | Contrary Bar Direction Rule | Prevents new entries when the current bar opposes trend direction. |
| 18 | Supertrend Contradictory Bar Sound | Plays alert when a candle closes opposite to Supertrend direction. |
| 19 | Bars to Wait Before Entry | Sets delay in bars before allowing a new position after last signal. |
| 20 | Block First Seconds of Bar | Prevents entries within the first seconds of a new candle. |
| 21 | PSAR Filter | Uses Parabolic SAR direction to confirm or block trades. |
| 22 | ATR Filter | Applies volatility filter using Average True Range to validate entries. |
| 23 | MFI Chop Filter | Prevents trades during sideways conditions using Money Flow Index. |
| 24 | RSI Chop Filter | Blocks entries when RSI shows lack of momentum or range conditions. |
| 25 | ADX Chop Filter | Filters low-trend markets by measuring directional strength. |
| 26 | Supertrend Filter | Uses Supertrend direction as confirmation for valid entries. |
| 27 | Supertrend Distance Filter | Prevents entries too close or too far from Supertrend line. |
| 28 | Supertrend Sound Alerts | Enables audio alerts when Supertrend changes direction. |
| 29 | Supertrend Correlation Rule | Confirms entry when multiple Supertrend layers align. |
| TAKE PROFIT SECTION | ||
| 30 | Hide / Show TP Messages | Toggles visibility of indicator-based TP messages on chart. |
| 31 | TP Average Bars & Pips | Calculates Take Profit based on recent average bar size or fixed pips. |
| 32 | Same Level BBand TP Orders | Aligns Take Profit with Bollinger Band outer levels. |
| 33 | ADX Below Level → Move TP to BE | Moves Take Profit to breakeven when ADX drops below defined level. |
| 34 | MFI Exit | Closes trades when Money Flow Index signals reversal. |
| 35 | RSI Exit 1 | Triggers Take Profit when RSI reaches overbought/oversold zone. |
| 36 | RSI Exit 2 | Secondary RSI exit with alternative timeframe or level. |
| 37 | Stochastic Exit | Closes trades based on stochastic crossover conditions. |
| 38 | MACD Exit | Triggers exits when MACD crosses signal line or zero level. |
| 39 | Bollinger Bands Exit | Exits when price hits or reverses near Bollinger Band limits. |
| 40 | Opposite EMA Bar Exit | Closes trade when bar moves opposite to EMA trend direction. |
| 41 | Exit at Bar # | Closes trades after a specific number of bars for timed profits or breakeven. |
| STOP LOSS SECTION | ||
| 42 | SL Average Bars & Pips | Sets Stop Loss based on recent average bar size or defined pips. |
| 43 | SL Swing High/Low Pivots | Places Stop Loss beyond recent swing highs or lows for structure protection. |
| 44 | Real/Virtual Previous Bar Wick SL | Applies Stop Loss at the previous candle’s wick or body. |
| 45 | SL for Trades Beyond Distance | Adapts SL rules for trades placed beyond a defined pip distance. |
| 46 | Previous Bar SL Distance | Defines offset distance from previous bar’s extreme. |
| 47 | Previous Bar Min. Profit Distance | Sets minimum distance for SL when trade is in profit. |
| 48 | BreakEven | Moves SL to entry after reaching defined profit trigger and offset. |
| 49 | Trailing Distance | Defines how close the trailing stop follows price action. |
| AUTO ENTRIES SECTION | ||
| 50 | PSAR Auto Entries | Opens trades automatically when Parabolic SAR flips direction. |
| 51 | RSI Auto Entries | Triggers entries based on RSI crossing key levels. |
| 52 | EMA1 High/Low Auto Entries | Opens trades when price breaks above or below EMA1 levels. |
| 53 | BBand & Supertrend Auto Entries | Combines Bollinger Band and Supertrend confirmations for auto-entries. |
| 54 | Supertrend Correlation Auto Entries | Activates trades only when multiple Supertrend signals align. |