Technical Indicators for MetaTrader 4
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MetaTrader 4
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Overview
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Introduction
Dear Traders, I am always working to come up with tools that may help you to become a better trader and investor. Due to my experience in trading and market analysis and trading software design and development, I am glad to introduce to you my other tool called "Amazing Entries Indicator". The Indicator is
designed in a way that it combines different strategy to provide great entry signals. This is a tool for both newbies and Advanced traders who wants to make a difference in their trading business. This tool can be used as a stand alone tool because of the many strategies involved.
My free Advice > If you are still learning to trade this is a good tool to start with to help you skip the hard and difficult way of learning to trade profitably. In deed this tool will help you to shorten your success journey by making you focus and sticking only to the most important techniques and strategies of forex and stock trading. Have you tried multiple tools and now you feel like giving up!? I think now it is the right time for you to try this tool and witness it for yourself!
#Due to word limit on this space I have attached numbered screen shots that will explain to you step by step and in detail about the functionalities of this tool.
Take time to study them and master the functionality of this tool.
You may check the guide here or you may continue reading the descriptions.
The indicators signal consists of different indicators concepts including,
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SIGNALS OF THE INDICATOR
The indicator consists of multiple signal strategies to help you scan the market for very powerful entry and exit points.
You will find,
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All these 14 signals and strategies are all integrated to make sure you get reliable entry and exit signals and better results.
I recommend you check the screenshots for more descriptions and visuals.
Input Section
There is no much to do with inputs. You can only change colors but not the combination of the signals due to the reson that they depend on each other and therefore making this tool a stand alone tool.
Timeframes
- The indicator is good for all timeframes.
Markets
- The indicator works for all markets including forex, stock, cryptos and binary pairs
How To Make Money with this tool
This is very simple and it shouldn't be difficult. Here is how we do it.
For Buy trades.
- If the tool shows us that we are in an uptrend and the price channel is bullish plus we get a bullish entry signal near the lower bullish channel line, we enter a buy trade and hold for some hours or days and collect our profit when the price reaches near the upper channel. The stop loss can go below the zero level lines 1 and 2 that will be acting as support at that time.
For Sell Trades
- If the tool shows us that we are in a downtrend and the price channel is bearish plus we get a bearish entry signal near the upper bearish channel line, we enter a sell trade and hold for some hours or days and collect our profit when the price reaches near the lower channel. The stop loss can go above the bearish channel upper band or the 1st zero level line.
Discalimer>Trading comes with high risk therefore make sure you trade wisely and responsibly. There is no 100% winning entries and the profitability of the signals will depend on your understanding of the tool and your ability to spot those perfect entries. Therefore take time to study the tool and have better results. I hope this tool will add most valued skills and confidence to your trading journey. I wish you all the best.
Last word
I will be glad to help incase of any help be free to private message me and I will try to reply shortly.
Reminder>Check the screenshots for better understanding!
To keep following and learning more about this indicator you may join my channel via this link below,
https://www.mql5.com/en/channels/amazingentriesindicator
see you there!
