Market Condition Evaluation based on standard indicators in Metatrader 5 - page 229

To add comments, please log in or register
Sergey Golubev
Moderator
110881
Sergey Golubev  

Paramon Trading System - Free to Download and How to Trade 

Forum on trading, automated trading systems and testing trading strategies

Something Interesting

Sergey Golubev, 2016.09.01 17:17

Paramon Trading System

The history of the development.

Paramon is username of the trader who created this system long time ago for Metatrader 3 (Metatrader 4 and Metatrader 5 did not exist in that time - it was very long time ago). Paramon named his system Paramon Scalping (but as we see - it is not real scalping). He did not use any indicators and he traded just price action only using M5 timeframe charts (MT3).

Later on - the other traders created indicators for MT3 and MT4 to use this system (Maksigen indicators or/and Paramon indicators) just because they could not trade live without any indicator (having just price only on the chart). For now - Paramon indicators were converted to MT5.

Paramon is legendary person and he was the first trader in our Metatrader world who started to trade breakout systems live on real account without any indicators placed on the chart.

We should always remember the people who were the first.

--------------

How to Trade and Free to Download

Paramon Trading system Part #1 (download indicators and template)

Paramon Trading system Part #2 (How to Trade)

Paramon Trading system Part #2 continuing (Pending order execution and stop loss placing)

Paramon Trading system Part #2 continuing (moving the stop loss by the trailing stop)

Paramon Trading system Part #2 continuing (Breakeven) 

---------------

Statemen by trading (manual trading)



Files:
Sergey Golubev
Moderator
110881
Sergey Golubev  

Market Phase Index MT4 - indicator for MetaTrader 4
and
Market Phase Index MT5 - indicator for MetaTrader 5 

----------------

Market Phase Index

Indicator to determine the trend and flat market based on the amplitude of the price and the intersection of bars.

  • If the indicator values are higher than 0.4, it is recommended to trade based on trend strategies.
  • If the indicator values below 0.4 - recommended trading based on flat strategies.
Sergey Golubev
Moderator
110881
Sergey Golubev  

MACD Levels - indicator for MetaTrader 5 

MACD Levels - indicator for MetaTrader 5

MACD Levels - indicator for MetaTrader 5

The idea of the indicator.
The inflection points of the main line of the MACD correspond to the accumulation of prices, more precisely the point where the price changes directions

.

To add comments, please log in or register