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SFO Trend Racer

SFO Trend Racer system is a trend indicator created by the CEO and Founder of "Simple Forex Options", Tevin Marshall. It serves 6 different functions all in one. It shows the trader the entry signals as well as exit signals, whether it is a take profit or a stop loss. It also uses trend filters and signal confirmations so that the trader is able to make the most logically fit decision. Trend Racer uses various filters and specific settings from a plethora of indicators. The beauty in this indicator is that it is self correcting. If the markets behave differently than the signal reading, there are safety precautions set into place to keep the trader from losing as much money as possible and in return getting in on the best suitable direction. This indicator aims to get the trader in on a trend as early as possible and also allow them to ride it out to its maximum capacity. I have built in rules and recommended filters below so that the trader trades with ease and full comprehension of what the markets are aiming to do.

  • Blue Arrow: Buy Signal
  • Red Arrow: Sell Signal
  • Aqua Arrow: Buy Pullback Trend Continuation
  • Orange Arrow: Sell Pullback Trend Continuation
  • Aqua Line: Buy Confirmation
  • Orange Line: Sell Confirmation
  • Blue Check: Consider profit on buy position
  • Red Check: Consider profit on sell position
  • Blue X: Consider exit on buy position
  • Red X: Consider exit on sell position
  • Blue Support: Critical reversal buy area
  • Red Support: Critical reversal sell area


Rules: You can either exit position when the corresponding color of a "X" or a "Check" pops up. Or you can exit your position when the opposite colored confirmation line or arrow appears. "X" is primarily for stop losses and "Checks" is primarily for Take profits.


Strong Confirmations:

  1. If price bounces off of a support or a resistance and Shows the matching arrow color of that Support and resistance.
  2. Seeing two areas straddling one of the opposite color, i.e Red arrow in between two Blue arrows. The latest Blue arrow is confirmation of the beginning of a strong uptrend and vice versa Red arrows and downtrends.
  3. Aqua Line + Blue Arrow
  4. Orange line + Red Arrow
  5. Blue Take Profit "check mark" on or near resistance
  6. Red Take Profit "check mark" on or near support
  7. Blue Stop Loss "X" near support
  8. Red Stop Loss "X" near resistance
  9. Red "check mark" or "X" before Blue Arrow
  10. Blue "check mark" or "X" before Red Arrow
  11. Aqua Arrow after bounce off of support and Orange Arrow after bounce off resistance
  12. When Trend breaks pass previous low or high(Making 123 formation or breakout formation)
  13. If Trend direction matches higher time-frame. i.e if H4 gives a Blue Arrow and D1 has Aqua Confirmation line
  14. ONLY trade trending pairs. Look at chart and use Orange or Aqua confirmation lines to determine if a pair is trendy or volatile. A trendy pair will look very smooth and lazy. A volatile pair will look very scratchy and noisy.


Indicator Parameters

  • Send_Email: True or False
  • Audible_Alerts: True or False
  • Push_Notifications: True or False

*I recommend using this indicator on the H4 and D1 timeframes. Best pairs to trade with this are smooth trending pairs.

Disclaimer: This should be used wisely and to aid your own personal trading system. This system does not promise any profits or win percentages. Use wisely at your own risk. Take profits and stop losses are recommendations up to your own discretion. Enjoy

Reviews 1
KDInvestments
312
KDInvestments 2018.04.30 22:24 
 

I've been using Trend Racer for two weeks now and it has been an excellent indicator that works very well at giving entry and exit signals for trades.

I have been using it in one of my live accounts and my success with having winning trades regardless of the market direction has been positive thus far.

I would highly recommend this indicator.

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PrecisionTradingSystems
The Precision Index Oscillator (Pi-Osc) was created to provide accurate trade timing signals and is a consensus indicator which has some powerful differences to industry standard oscillators. At first glance to the untrained eye it would appear like another oscillator, but when viewing it in juxtaposition with other oscillators the true power of this indicator begins to emerge. To my knowledge there is no other oscillator which can frequently pin point exact tops and bottoms with the same regula
295 USD
The indicator of a professional trader
Ramiz Mavludov
Features All tools fit; Many strategies; Important levels, recommendations; Flexibility in settings for different instruments and intervals. Signals B, S - predict the direction of the movement of the candle at the beginning or when the candle closes. Recommended TF from H4 and above. Yellow dots are the recommended SL. Green squares are the recommended TP. Parameters SL  - The default is 6, I recommend choosing from 6 to 12. The higher this value, the lower the likelihood of SL triggering. T
1 500 USD
NOHO Pulse Professional
Guillermo Noval
Buy safe! Now you can backtest the demo file in renkos! The Pulse is an indicator with the purpose of increasing the probability of success in trading decision making scenarios. The indicator was made to be used in RENKO BARS. THE ALGORITHM DOES NOT WORK ON NORMAL TIME CANDLES.   We recommend the OVO's renkos ( https://ovo.cz/products/offline-charts-for-mt4/renko-bars/ ). The algorithm gives you market cycle, trend, entry, stop loss, break even and take profit.  It is NOT an "expert advisor",
8 000 USD
FTB Finder Indicator
Ashkan Afaridi
FTB Trading Indicator will helps you to find and Detect SOLID setups as well without being on chart. FTB Trading Indicator has some solid and objective PERSONAL rules. FTB trading Indicator will show your, your perfect Entry, TP and etc. Just drag one indicator per chart from the Navigator window and choose which TF you wanna it search for you. Press «FTB finder» button to automatically detect zones. Parameters BeforerMiddle=0 – how many bars before creating zone should be bullish/bearish to c
499.99 USD
Inrex Indicator
Yip Sin Hang
100% No repaint Indicator to help Manual Traders and EA Traders  Inrex Indicator is our first Indicator which calculated by many unique data , as Inrex EA do not believe all the common indicators like RSI MACD . Those are replant indicator may cause a misconception to traders .  Inrex Indicators helps all Manual Traders and EA Traders about daily Range and which pairs to trade with all the Ea in the industry . Signals with this indicator : https://www.mql5.com/en/signals/618789 For EA Tr
299 USD
BinaryUniversal
Andrey Spiridonov
BinaryUniversal is a signal indicator for binary options and Forex. In its work, the indicator uses a complex algorithm for generating signals. Before forming a signal, the indicator analyzes volatility, candlestick patterns, important support and resistance levels. The indicator has the ability to adjust the accuracy of the signals, which makes it possible to apply this indicator for both aggressive and conservative trading. The indicator is set in the usual way, it works on any time period and
1 200 USD
Paul BuySell Indicator
Prabir Paul
Non-Repainting & Trend Following Indicator   A simple tool for all traders.  Paul Indicator detects trend, eliminates noise and show Buy and Sell level in the screen window. This Buy Sell Indicator is is very simple and useful. This Indicator will not produce Buy and Sell Signal alternatively ignoring trend but It follows trend and produce good Signal only. For Details Information, go through this article:  https://www.mql5.com/en/blogs/post/734212 Advantages Non-Repainting & Trend Followin
300 USD
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KDInvestments
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KDInvestments 2018.04.30 22:24 
 

I've been using Trend Racer for two weeks now and it has been an excellent indicator that works very well at giving entry and exit signals for trades.

I have been using it in one of my live accounts and my success with having winning trades regardless of the market direction has been positive thus far.

I would highly recommend this indicator.

Reply to review
Version 2.0 2018.07.23
-Added in trend pull back continuation arrows.
-Tighter stops loss considerations
-Parameters altered for entry signals
-Different parameters for trend confirmation lines