Nasdaq Signal Pro: A Visual Guide to M5 and M15 Signals, TP and SL
Gold Signal Pro has become popular with gold scalpers, and many users have asked me for more signal opportunities. That feedback led me to create a dedicated Nasdaq edition.
The idea is simple: keep gold on your watchlist and add Nasdaq as another market to monitor. While you wait for a gold signal, Nasdaq may offer a separate setup to review. Using the two together can expand your search for trading opportunities, and the Nasdaq edition can also be used entirely on its own.
A signal arrow is only the start of a trading decision. Before placing an order, you still need to understand the setup, review the target and stop, and decide whether the risk fits your plan.
Nasdaq Signal Pro with Auto TP SL brings those reference levels together in one chart panel. It is a discretionary trading indicator for Nasdaq-100 cash index CFDs on M5 and M15, available as separate MT4 and MT5 products.
View the MT5 edition | View the MT4 edition
What you see when a setup appears
The indicator displays a BUY or SELL candidate, the moving average involved, a three-level condition assessment, and reference Entry, TP and SL prices. Colored zones on the chart help you see the target and stop areas alongside the panel.
It uses 13-, 21-, 75- and 100-period simple moving averages. An MA touch is the starting point, combined with direction and price-action conditions. Not every touch produces a signal, and adjacent candidates at the same MA in the same direction can be suppressed.
Panel guide using an actual MT5 display. The MT4 edition uses the corresponding panel layout. These are interface examples, not a performance report.
Read the panel in three steps
- Check the signal. Read the direction and the MA identified by the candidate. The stars describe the combination of conditions; they are not a ranking of win probabilities.
- Check the market context. MARKET shows GOOD, CAUTION or RISK with the reasons. Trend, H4 direction, ATR, H1 RSI and VOLA provide additional context. GOOD does not guarantee a profitable trade.
- Review the prices before deciding. Compare the panel's Entry, TP and SL with the current quote and spread, then check the position size. The indicator does not place, close or modify orders.
M5 and M15: how the exit references differ
On M5, the current calculation uses a basis of TP 24.55 index points and SL 24.21 points. On M15, the TP distance depends on ATR, the signal MA and its condition assessment; the SL distance is capped at the TP distance. Prices are adjusted to the symbol's tick size.
The distances are index points, not dollars or pips. Measure the reward and risk from the panel's Entry. In historical examples, the panel may show MA ref instead. The dotted line and the boundary between the colored zones mark the MA reference, which can differ from the Entry recorded when a candidate was detected.
Your actual fill, spread, fees and slippage can change the realized reward-to-risk ratio. Do not treat a reference line as a guaranteed execution price.
What TP HIT actually tells you
The example below shows an actual M15 display with TP HIT +32.41 pt. It illustrates how the indicator reports that the reference target was reached.
This is a selected chart-based example, not an executed trade or evidence of overall profitability. TP HIT and SL HIT use chart highs and lows from the candle after the signal onward. If both levels are reached within the same candle, their order cannot be established from that candle alone.
Historical arrows can change when data is added or recalculated. This is not a non-repainting indicator. Recalculated historical signals may differ from candidates that were actually notified and recorded. The panel's WR, W and L observations also use a different calculation from its bottom-of-panel hit status.
Alerts and broker symbol names
Sound, pop-up and MetaTrader mobile push alerts are supported. Push messages include the symbol, timeframe, direction, condition assessment, MARKET status and reference Entry, TP and SL.
Choose ALL, GOOD_CAUTION or GOOD_ONLY to filter notifications. This changes the alerts you receive, not the signal conditions drawn on the chart. Configure your MetaQuotes ID in the desktop terminal and enable Push in the indicator. The PC, terminal and internet connection must remain running; delivery can be delayed or fail. The mobile app receives notifications but does not run this indicator.
Recognized naming patterns include NAS100, US100, US100Cash, USTEC, USTECH, USTECH100, NDX100, NASDAQ100 and NASDQ100, with supported prefixes and suffixes such as US100Cash#, USTECm and NAS100.pro. Short names such as Nasdaq, NAS and NDX also require the symbol description to identify the instrument. Not every custom broker name is guaranteed to work. The intended market is the Nasdaq-100 cash CFD, not expiring futures, ETFs or individual stocks.
What does a point move mean for your account?
The same chart distance can produce different monetary amounts at different brokers. A reference calculation is:
Price difference ÷ tick size × tick value for one lot × number of lots
If tick value is already in your account currency, no additional currency conversion is needed. Increasing the lot size increases both potential gains and losses proportionally. Check your broker's contract specifications and the loss at SL before choosing a volume.
Use it on its own or alongside gold
If you already use Gold Signal Pro (KGS), run each indicator on its own supported chart: the gold edition for XAUUSD and the Nasdaq edition for Nasdaq-100 cash CFDs. This gives you two markets to monitor, with the signals and reference TP/SL levels displayed separately for each.
Gold Signal Pro for MT5 | Gold Signal Pro for MT4
Watching two markets does not guarantee more entries or profit. Gold and Nasdaq can move together, so consider the combined exposure if you hold positions in both.
Choose the right edition
Nasdaq Signal Pro for MT5
Nasdaq Signal Pro for MT4
The current price is $100 for a lifetime license per edition, with an optional one-month rental at $78. MT4 and MT5 are separate purchases.
Lifetime purchasers receive AI Zone Radar for MT5 as a bonus. After purchase, send me an MQL5 message requesting the AI Zone Radar bonus. Rentals are excluded, and the bonus requires MT5 even if you buy the Nasdaq MT4 edition.
Before buying, use the Market demo in the Strategy Tester's visual mode to check the display. The indicator requires Windows MetaTrader and a supported M5 or M15 chart. If you want RSI below the chart, add the terminal's standard RSI separately.
This indicator supports your own trading decisions. It does not guarantee profit or a particular win rate. Broker data and trading conditions can produce differences in signals and reference results.
