Damyan Malinov / Profil

Starting the 2024 year with locked in USDX buys and US500 short hedge on long equites positions. Don't mind to get more USDX longs if drops below the lows. I will hold whatever I can get for swap and hedge and will reshuffle only pyramid positions to get better AVR price along the way.

After TP on the run up to 106.50 establishing new USD longs used as hedge and for swap. All-time (this account only - for all from the this broker I should have used the manual entry option and add the all past results) AVR price plus targets levels for indication from the PSI tool.

USDx long reducing the exposure and anticipation further buys to lock in a position using the AVR price tools of the PSI indicator.

Added AVR Position adjustable SL and TP projections with new button controlling all three types (All-Trades, Today only or Manual Entry past results).

Added AVR Position adjustable SL and TP projections with new button controlling all three types (All-Trades, Today only or Manual Entry past results).

Added Manually Adjustable Stop Loss, Entry and Take Profit - Risk to Reward Ratio and Risk Size Calculations. Plus other cool features with the latest version of PSI Tools in MT5/MT4.

All PSI will get an update version of the Accounting Report capabilities. Get the FREE version while it is available: https://www.mql5.com/en/market/product/71218?source=Site+Profile+Seller

Example of a sticky PDA manually created and saved to the indicator for future reuse together with highlight on the Opening lines in preparation for the NYSE A.M. session.

https://www.youtube.com/watch?v=3Ba3mBzm9lE ICT Tools and PSI Full Version in MT4 Indicator Short Demo

Added few more quick access profiles to cycle through different options like highlighting text labels for different Monthly Range or Swing Highs and Lows and Grade levels as well as the key Opening lines for FOREX and Indices.

Example of my canvas on few of the many choices for Price Action studies. It starts with the weekly study on Monday, Tuesday, Wednesday trio plus the CBDR on the previous day where price reversed at -4 SD which was also the Swing Grade Middle Zone support (if Swing is not defined it uses the IDPA range) and reached out to the Monthly Range First Zone and Swing Grade Third Zone for +7 SD target. By doing so the price passed through the Monthly's High and reach out to the the Highest Prior To Last Month's Level (Penultimate). On the current day the daily expansion targeted the Highest Prior To Second To Last Month's Level (Antipenultimate) and +3 SD of the CBDR while making a pause at the Monthly Swing Grade Middle Zone and +1 SD on the NY London Close Sweet Spot OB+ for the filial weekly close.

This ICT tools only available for MT4 user will deep dive into the ICT Core Content 2016 Mentorship and other subjects available in his recent YouTube and Twitter teachings and examples. Thins like:

ICT Core Content Concepts turned into indicator plus all previous tools known from the PSI Indicator. This makes it the Full PSI Private Version restricted up to now but available only after the Mentorship Core Content was made public in YouTube.

You will find many tools like:

Central Bank Dealing Range - CBDR

Asian Range

FLOUT

Profiles on the CBRD, Asian Range and Flout both on the wicks and on the bodies

IPDA 20, 40 and 60

Monthly Swing Grades

W%R

As longs as the usual monthly, weekly, daily levels included are the IPDA levels plus GMT0 line, Daily Divider and many more from the following list - "NY Midnight Line", "GMT0 Midnight Line", "London Target Lines", "Monthly Range High", "Monthly Range Low", "Swing Grade First Zone", "Swing Grade Middle Zone", "Swing Grade Third Zone", "Monthly Range Grade First Zone", "Monthly Range Grade Middle Zone", "Monthly Range Grade Third Zone", "NY 10:00 A.M. Line", "GMT0 Midnight Vertical Line", "Day Divider Vertical Line", "NY Midnight Vertical Line", "NY Real Close Vertical Line", "IPDA Level Lines", "NYSE Open Vertical Line", "NYSE Close Vertical Line", "CME Open Vertical Line", "NYSE AM Safe Zone Vertical Line", "NYSE Lunch Hour Vertical Line", "NYSE PM Session Start Vertical Line", "NYSE PM Safe Zone Vertical Line", "NYSE Close Vertical Line" and more.

Many Overlays for sessions - "ASIA", "EURO", "USA", "Asia Sweet Spot", "London Open Sweet Spot" , "12AM to 12PM" , "NY Open Sweet Spot" , "London Close Sweet Spot", "Bond Market Sweet Spot", "US Market SPOOZ Sweet Spot", "The Last Hour", "NYSE A.M. Session", "NYSE Lunch", "NYSE P.M. Session", "NYSE True Day"

Many Overlays for daily focus studies - "The PSI Day on Focus", "Monday, Tuesday, Wednesday trio", "NYSE A.M. Session", "NYSE Lunch", "NYSE P.M. Session", "True Day", "Time Distortions"

All tools from the PSI Indicator that already had other ICT free tools before the 2022 Mentorship and the release of the private lessons.

This is the private full version of PSI including ICT Mentorship Core Content Tools not available for the public until ICT published those videos in his YouTube chanel.

Additional PSI improvements. Most notable the Account Detailed Report now has a function to stack together partially closed orders as one single trade.

If you have an open trade and you closed 3 partials in profit out of it and price eventually hits your stop loss at BE MetaTrader4 will register that as 3 small wins out of 4 trades. In reality this is just 1 actual trade that is a combination of 4 separate partial closes.

Another example your first trade hits your stop loss. You make another trade and compensate for it as along the way you managed to close 6 partials on profit. MetaTrader4 will report that you have 6 tiny wins and 1 big loss. In reality you traded only two times and managed to pull a small win for the day. This way MetaTrader4 skews the statistics for win to lose ratio making it unrealistically high or the stats of the biggest win towards the biggest loss making them very bad and so on important statistics. The PSI Detailed Report address that issue.

Options with all Swings.

New change focus more on the Intermediate Swings points.

Latest version of the PSI tool delivers new special look aimed to bring you Detailed Account Statement for all important statistics. The integrated MT4 is not accurate. It does not account correctly for Deposits, Withdrawals and completely ignores cases like hedged trades, break-even trades, other broker related credits, bonuses and so on events and as a result all statistics like draw-down, total trades, average win size, rate and so on are totally skewed. PSI corrects these mistakes. In the example below a demo account was aimed to represent such case. The Maximal and Relative Draw-down according to MT4 were whooping 44% while the majority of this draw-down was achieved at time when the account was more then 10 times bigger after a huge deposit. So in a effect all trades were partitioned by their contribution at the account current state. So in reality the draw-down was much smaller in % terms at all times. In addition there are other tools and statistics. Like holding time, consecutive trades, two nearest Peaks and latest recovery against them. This is useful if you follow ICT recommended MM tactics to dial down risk after a loss and dial up only if you recover at least 50% of the latest drop in equity. You can also target the Report for only one specific instrument and ignore others or add or subtract amounts from the balance to fit your specific needs. Let say you deposited only 20% of your dedicated money at the broker and leave the rest at your account but you trade as if you deposited them fully. So with this indicator your account statistics will be based on the full dedicated amount not what is shown in MT4. In addition to the Account Report there is an option to totally ignore any Transfers (Deposits, Withdrawals, Broker related funds) and just focus on the statistics with Simulated Starting Amount. It works also in conjunction with focusing option on a particular pair only.

Latest version of the PSI tool adds ICT Fractals (or 3 consecutive candles price swing study) as well other options hiding labels, buttons or both but keep some the price studies on chart.