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PipsFactoryInd Demo

This is a Demo version of PipsFactoryInd it is works only NZD/USD but full version is works on all currency pair.

This indicator is a collection of three indicators, it is 3 in 1:

  1. PipsFactoryDaily Click Here
  2. PipsFactoryWeekly Click Here
  3. PipsFactoryMonthly Click Here


This indicator depends on High and Low price of currency in the (Last day / Last week / Last Month) depends on user input, and then I made some secret equations to draw 10 lines.


Features:

  1. You will know what exactly price you should enter the market.
  2. You will know when to be out of market.
  3. You will know what you should do in market:
    • Buy
    • Sell
    • Take profit, and there are three levels to take your profit
    • Support
    • Resistance
    • Risk to buy
    • Risk to sell


Indicator parameters:

  • Period - you can choose the period you want (Daily / weekly / Monthly).
  • Text Color - you can change the description lines colors.


Signal Types and Time frames Used:

  1. You can use this indicator on any frame time frames and you have to download the historical data of D1,W1,MN1 timeframes.
  2. For Period Daily the best time frame is H1
  3. For Period Weekly the best time frame is H4
  4. For Period Monthly the best time frame is H4
  5. Enter buy order in case the price is at buy line and there are three levels to take your profit:
    • First level is take profit.
    • Second level is take profit too but it is also Resistance.
    • Third level is take profit too but it is also Resistance.
    • The fourth line is Risk to enter market with buy order.
  6. Enter sell order in case price at sell line and there are three levels to take your profit:
    • First level is take profit.
    • Second level is take profit too but it is also Support
    • Third level is take profit too but it is also Support.
    • The fourth line is Risk to enter market with sell order.
  7. Currency: It works on NZD/USD because it is demo version.
  8. It is very easy to use.
How to Trade using this indicator. Click Here
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