Gold Venamax MT5

3.5

Gold Venamax - this is a best stock technical indicator. The indicator algorithm analyzes the price movement of an asset and reflects volatility and potential entry zones.

Live Signal of manual trading >>> [ Click Here ]

Indicator features:

  • This is a super indicator with Magic and two Blocks of trend arrows for comfortable and profitable trading. Red Button for switching blocks is displayed on the chart. Magic is set in the indicator settings, so that you can install the indicator on two charts displaying different Blocks.
  • Gold Venamax can be placed on two charts with different arrow buffers (GV and SD). To do this, you need to select different Magic in the settings, for example, one has Magic = 999, another has Magic = 666. Next, you can select the arrow buffer with the red button on the chart.
  • Each arrow buffer (GV и SD) in the indicator settings has a separate arrow's filter for comfortable and profitable trading (UseFiltrGV = true; and UseFiltrSD = true;).
  • The best signal to enter = follow the signal arrows of both buffers (GV and SD) + direction of all three MA lines (red or blue) + TMA channel border (lower or upper).
  • The TMA channel border (lower or upper) can also be used to fix profits and/or for risky trading against the trend with a short SL.

Benefits of the indicator:

  1. The indicator produces signals with high accuracy.
  2. The color of MA3 lines is not-repaint. Confirmed arrow signal of SD buffer is non-repaint. Confirmed arrow signal of GV buffer can rebuild when the trend is strong only.
  3. You can trade on the MetaTrader 5 trading platform of any broker.
  4. You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices etc.).
  5. To trade on M30 and H1 timeframe (medium-term trading).
  6. Individual parameters (color etc.) are available to change in the indicator settings so that each trader can easily customize the indicator for themselves.
  7. The indicator can be used as an excellent main addition to your trading system, as well as an independent trading system.

================================

The best BUY signal = Aqua arrow + MA3 blue + price at the lower border of the TMA channel. Also look where MA3 and TMA are directed. If the Aqua arrow appeared when MA3 are red - such a signal is ignored for opening an order. Such a signal can only be used to close an order.

The best SELL signal = Yellow arrow + MA3 red + price at the upper border of the TMA channel. Also look where MA3 and TMA are directed. If the Yellow arrow appeared when MA3 is blue - such a signal is ignored for opening an order. Such a signal can only be used to close an order.

=============================== 

WARNING: All my Indicators and Expert Advisors are sold only through MQL5.
All my products that hackers are trying to sell through other sites and at a different price are counterfeit that will not work correctly and stably!!!

WARNING: Don't look for magic arrows, they don't exist. No indicator in the world can guess or predict a trend reversal 100%.

NOTE: The entry accuracy and profitability of trading depends only on the skill of the trader. Any indicator is only an assistant for the trader, and not a guide to action. The Golden Rule - go to open an order by trend, take your profit and wait until the next best signal.


Version of the Gold Venamax indicator for MetaTrader 4 

I wish you all good luck in trading and stable profit!

Reviews 3
Tomas Gajda
600
Tomas Gajda 2024.01.05 11:22 

Still testing and had also doubts about repainting arrows but you have to wait until candle is fully closed. In my example I am testing on 4H TF to have more accurate signals so I have to wait 4h. During this 4h can arrow flash on/off but important if arrow stay there after 4h candle is closed. If not, signal is invalidated. If yes signal is in place.

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Mr Christopher Michael Tonks
920
Mr Christopher Michael Tonks 2025.01.20 04:49 

User didn't leave any comment to the rating

Sergei Linskii
38677
Reply from developer Sergei Linskii 2025.01.20 05:19
Before writing a review, carefully read the Overview to the indicator...
Arrow of which buffer was repainted, in what place of the graph and on what TF...? Where is the screenshot confirming this from you?
Tomas Gajda
600
Tomas Gajda 2024.01.05 11:22 

Still testing and had also doubts about repainting arrows but you have to wait until candle is fully closed. In my example I am testing on 4H TF to have more accurate signals so I have to wait 4h. During this 4h can arrow flash on/off but important if arrow stay there after 4h candle is closed. If not, signal is invalidated. If yes signal is in place.

Matthew Dubin
536
Matthew Dubin 2024.01.03 15:38 

The author lied about the arrows not redrawing. They redraw, and they disappear, making the system unusable. False advertising.

Sergei Linskii
38677
Reply from developer Sergei Linskii 2024.01.04 01:50
Thanks for your review. Before writing about the unsuitability of the system, show a screenshot of the place where you opened an order in the TF = M30-H1 based on the system signals (Arrow + MA3) and did not receive a profit...)))
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