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FX Parade by POOSAA

FX Parade is an indicator that helps to decide the direction of the trend and a safe price that confirm the trend and also as entry price, with a suggested TakeProfit price.

FX Parade can be used with any pair, and with any timeframe. It does not repaint.

FX Parade can be used for scalping and day trading. It’s a trend following and a breakout indicator.

FX Parade also help to Look ahead of the chart.

FX Parade is also a multi time-frame indicator {MTF}.


Entry rules

  1. if Pop Alert Buy! and the Price are Trending, I will enter Buy order immediately and set my StopLoss and TakeProfit with Range:pip which is above "FX Parade by POOSAA" available on the chart.
  2. if Pop Alert Buy! and the Price are Ranging, I will set Buy StopOrder Or Buy LimitOrder and wait for the price to come for me and set my StopLoss and TakeProfit with Range:pip which is above "FX Parade by POOSAA" available on the chart.
  3. if Price are Trending and Pop Alert Sell!, I will enter Sell order immediately and set my StopLoss and TakeProfit with Range:pip which is above "FX Parade by POOSAA" available on the chart.
  4. if Price are Ranging and Pop Alert Sell!, I will set Sell StopOrder Or Sell LimitOrder and wait for the price to come for me and set my StopLoss and TakeProfit with Range:pip which is above "FX Parade by POOSAA" available on the chart.


More

  • It can be used with standard indicator provided by your broker like MA, RSI, Stoch,CCI, MACD, etc, but it is designed to be used alone.
  • TakeProfit Price will always be hit in trend.
  • The Triangle can be use to draw a trendline to detect a breakout and avoid a fake-out.{see screen-shot}
  • The Triangle is also trend and a breakout strategy.


Limitation

  1. You need to manage your money, Personally.
  2. TakeProfit Price will not be hit only if the trend is reversing.


Indicator Parameters

0 - means my default settings. “POOSAA”.

  • History : 0 = all bars.
  • TimeFrame : This is to use Different time frame.{Try H4 on M15 chart}.
  • Fast_MA: The higher the Number The Stronger the signal{ if Grater-than Slow_MA, you will get a Reversal Signal}.
  • Slow_MA: This represent Slow Moving Average.
  • Signal_MA: This is for Moderating the Signal.
  • Filter: The higher this filter value the stronger the arrow.
  • NoticeColour : To change Background Colour of the Notice Board.
  • FXParade_Arrow: set true to show FXParade_Arrow.
  • Show_Fractal: set true to show FXParade Fractal.
  • Show_Trail: set true to show FXParade Show_Trail.
  • PopAlert : set true to enable Pop Alert .
  • PushNotification: set true to enable Push Notification.
  • Email: set true to enable Email Notification.
  • EmailNotice : set to your personal understanding of FXParade.


Notice Board

  1. Range: Use to set StopLoss and TakeProfit.
  2. Price in Red colour above Range is use to set StopOrder and LimitOrder.


Question and Answer

  1. if i am buying after a buy signal arrow and another sell arrow appear will i close my buy order.
    • NO. i will let either my take-profit or stop-loss to hit, and follow next arrow either buy or sell after previous order is out;

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No reviews
Version 2.234 - 2018.06.20
A very good filter is added to the new version.
The filter avoid false signals.
The higher the filter the stronger the arrow.
This version comes with all types of Alert like Pop Alert,Email Alert and mobile Notification.
Version 1.136 - 2018.04.26
To easily load custom settings into fx parade, colors,width,style is now provided inside input parameter
Version 1.133 - 2018.01.15
Added new setting:

FXParade_Arrow: hide the arrow