Bastem PalanDoken Trend Systems
- Indicators
- Mehmet Bastem
- Version: 4.1
- Updated: 19 May 2020
- Activations: 5
This indicator is used to determine the trend. Standard Osma indicator is used.
It has the indicator warning system: beep, e-mail and has three types of alerts, including messages to mobile phone.
It shows the best performance on the chart of 5 minutes.
When the trend value reaches the value set, the warning system is activated.
Runs in Forex, CFD and other instruments.
EURUSD M5 BUY SIGNALS
https://www.mql5.com/en/charts/3847529/eurusd-m5-international-capital-markets
https://www.mql5.com/en/charts/3847532/eurusd-m5-international-capital-markets
EURUSD M5 SELL SIGNALS
https://www.mql5.com/en/charts/3847530/eurusd-m5-international-capital-markets
https://www.mql5.com/en/charts/3847541/eurusd-m5-international-capital-markets
NO TRADE EXAMPLE
https://www.mql5.com/en/charts/3847553/eurusd-m5-international-capital-markets
Indicator parameters
- FirstEMA=4 - first moving average
- SecondEMA=54 - second moving average
- ControlEMA=232 - moving average for controls
- BuyTrendLevel=0.49 - Sound Alarm BUY, send e-mail BUY and cell phone notification BUY when indicator value greater than zero and 0.49
- SellTrendLevel=0.49 - Sound Alarm SELL, send e-mail SELL and cell phone notification SELL when indicator value is less than zero and -0.49
- InformationPrint=true - display information in case of buy or sell signals
Optimum BuyTrendLevel and SellTrendLevel values for timeframe M5:
- a. GOLD = 777
- b. All forex Symbol = 179
- c. CFDs = 11000 (DE30,JP225,IT40,F40..)