Market / MetaTrader 4 / Indicators /

Propsense

50 USD

Demo downloaded: 217

Published: 9 August 2023

Current version: 1.5

Propsense

Indicators
Fahim Miah
Version: 1.5
Updated: 23 August 2023
Activations: 20

Welcome to Propsense, the best solution for new and veteran traders with a simple FREE strategy!

This indicator is a unique and affordable trading tool built on the teachings of a former bank trader. With this tool, you will be able to see inefficient points with ease. As well as this, traders will have an interactive display panel which will show your running and closed P/L in pips AND currency units. It also allows you to set your desired daily target/loss limit!

IMPORTANT INFORMATION

Maximise the potential of Propsense by watching our video explaining the strategy. This is NOT smart money concepts, order blocks, but it is an easy-to-learn and FREE strategy straight from a reliable source. Join our thriving community to trade and learn for completely free!

Imagine how much your trading can improve when you can pinpoint why the market is moving and where it's going to! Using a simple new algorithm, it gives you the seamless identification of inefficient price action in real time. This is because it graphically shows the most recent inefficient candles. This tells you where the market is reaching for and how probable it is for continuations versus how probable it is for a reversal (if large positions need to be closed out).

A very powerful and unique feature of this tool is that it focuses only on bear candles. This allows you, the trader, to only need to focus on 50% of the structure to determine if price is expanding in one direction or being delivered equally in a range.

Recommended pairs are USD pairs. All forex pairs are derivative of the US dollar (i.e. AUDJPY is priced by taking AUDUSD with USDJPY). For the most raw and accurate price action, we recommend using USD pairs.

This strategy is formulated on a framework that has existed since the markets began. This gives you a great advantage in trading - allowing you to adapt to market conditions while maintaining a solid framework of how and why the markets move.

Parameters

Indicator:

Period: Number of candles to calculate
Buffer line width: Customise bearish and bullish line width (numbers 1 to 5, larger number being thicker)
Bullish line colour: Select colour for bullish line
Bearish line colour: Select colour for bearish line

Panel:

Daily Target: Set your daily target in pips
Position X: Change X coordinate of panel
Position Y: Change Y coordinate of panel

Everything below these are customisable colours for the writing and the panel itself. There are two settings at the bottom:

Good news: Customise the colour for panel when your daily target is hit
Bad news: Customise the colour for panel when your daily loss is hit

Tips for optimal usage:

Watch our free strategy videos to understand the method fully
Join our community (YT channel description) to learn and trade with us live

The Propsense community will always do our best to help you!

Best regards,

Fahim.

WATCH THE VIDEOS & PICTURES BELOW AND READ THE DESCRIPTION FOR BEST RESULTS

more...

552

Teguh Deka Prahara 2023.10.06 04:10 #

Great.. It would be awesome if Author add option to turn off the dashboard...

482

Francis K N Ho 2023.10.04 05:26 #

Great indicator that is a great help trading this strategy. If there's an option to turn off the panel this would be even better! TQ

196

MvGTrading 2023.09.24 10:49 #

Very helpful indicator to use with the strategy taught by a formal banking trader with years and years of experience. Awesome Free Discord group and live sessions! Thank you so very much.

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Welcome to Propsense, the best solution for new and veteran traders with a simple FREE strategy! NEW to MT5! This indicator is a unique and affordable trading tool built on the teachings of a former bank trader. With this tool, you will be able to see inefficient points with ease. Additionally, traders will have a clean Heads Up Display which will show your running and closed P/L in pips AND currency units. As a highly requested option, a candle timer has been added which will allow you to j

50 USD

Filter:

552

Teguh Deka Prahara 2023.10.06 04:10 #

Great.. It would be awesome if Author add option to turn off the dashboard...

482

Francis K N Ho 2023.10.04 05:26 #

Great indicator that is a great help trading this strategy. If there's an option to turn off the panel this would be even better! TQ

Gnarly Trader 2023.09.29 12:20 #

Great indicator for trading the system. Simple system that works. Personally, I would like the dashboard removable. I don't use it and trying to watch half a dozen charts at once means the dashboard takes up most of the screen. The dash plus my risk management panel leaves little room for charts. Apart from that, the system and the indicator work and it's proving profitable for me.

196

MvGTrading 2023.09.24 10:49 #

Very helpful indicator to use with the strategy taught by a formal banking trader with years and years of experience. Awesome Free Discord group and live sessions! Thank you so very much.

DJ Legacy 2023.09.13 12:58 #

Very good indicator if you know the stalratergy to use it !

1043

Reply from developer Fahim Miah 2023.09.13 16:30 #

I'm glad the indicator is helping you with our strategy :)

1335

man1980 2023.08.16 22:28 #

excellent indicator. great group support

1043

Reply from developer Fahim Miah 2023.09.13 16:29 #

Thank you so much!

Version 1.5 2023.08.23

Changelog:

- Panel will now show closed P/L with commissions and swap included
- Floating profit will now also include commissions and swap
- Popup alerts added
- Email notifications added
- Push notifications added
- Other minor bugfixes

NOTE: Alerts were only added due to request. They will be default set to false because the lines don't always end up in a set up. If you change timeframes a lot, I suggest leaving them off - but we only trade the 5 minute.

Propsense

**WATCH THE VIDEOS & PICTURES BELOW AND READ THE DESCRIPTION FOR BEST RESULTS**

WATCH THE VIDEOS & PICTURES BELOW AND READ THE DESCRIPTION FOR BEST RESULTS