Objective Trend Trading

This is a trend following indicator that identifies optimal entry points in the direction of a trend with an objective stop loss to manage the trade. The indicator allows you to catch trend early and ride it. The Indicator draws resistance line as it detects an Uptrend and draws support line when it detects a Downtrend on the chart. When those levels are broken that allows you to identify the Trend Direction and Momentum in the direction of prevailing trend which offers optimal entry points in the direction of a trend.

The indicator does not repaint, effective on all timeframes, all pairs, indices and commodities. For the intraday lower timeframes, volatility is taken into account to avoid false signals. So despite the price cross above/below resistance/support, the arrow signal may not be generated. Signals can be used for an Expert Advisor using iCustom function.

The indicator allows you to catch trend early and ride it. If you are an aggressive trader, you may add positions if your previous positions are at breakeven level or profitable. This tool helps you to minimize the losses and offers far greater reward to risk.

Parameters:

  • The only parameters you need to set are how you would like to notify signal entry alerts and indicator color to suit your chart background.
  • It allows you to set alerts, send emails and push notifications.

Trading Strategy:

  • Check the screenshots to understand entry/exit rules.

  • If an entry alert triggered with a big spike in the price, it would be better to avoid trade as reward to risk may not be favorable. Also, remember that if a trade entry signal has appeared after a change of direction in trend, then expect wider swings and tighter stop loss will often be taken out. To understand how you can make the most of the Objective Trend Trading Indicator please refer to the video. Download free demo version to test on historical data.

This indicator is not:

  • An automated trading system.
  • The trade exits are not displayed as various systems can be implemented
    • i.e. Trailing Stop
    • most recent significant support/resistance to the left of entry point
    • Reward to Risk 1:1 or 2:1 or any combination of it.

Target Audience:

This is not a get rich quick system. The indicator will be useful to those traders who are willing to implement discipline and follow the system rather than taking impulse trades. The traders who keep the proper records of their trading activities will enhance their performance significantly.

I have offered the indicator at introductory price $15 per month for a short period of time and believe that you will experience good trading results and want to continue to subscribe at regular price of $29 per month.

All the best in your trading!

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PZ TRADING SLU
3.67 (3)
Indicators
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
PRO Renko System
Oleg Rodin
5 (31)
Indicators
PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
Binary Trader Master
Oleg Rodin
3.5 (2)
Indicators
Binary Trader Master is an arrow based indicator that predicts the close of the candle. It does its analysis within one candle only. When the candle opens it requires a few moments to make the analysis and predict the close of the candle. Then it generates a signal. The indicator also allows you to apply time limits that it can use for the analysis which means that you can actually tell the indicator how much time it is allowed to have for the analysis within the candle. The indicator monitors s
Volatility Ratio Histogram MTF
Damien Camille Leriche
Indicators
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
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Objective Trend Trading Demo
Rajendra Modha
Indicators
This is a trend following indicator that identifies optimal entry points in the direction of a trend with an objective stop loss to manage the trade. The indicator allows you to catch trend early and ride it. The Indicator draws resistance line as it detects an Uptrend and draws support line when it detects a Downtrend on the chart. When those levels are broken, that allows you to identify the Trend Direction and Momentum in the direction of prevailing trend which offers optimal entry points in
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