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  • Reviews (3)
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SFO Trend Racer

5

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 Trend Signal
  • Red Arrow: Sell Trend 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 Line: Upcoming Buy Take Profit
  • Red Line: Upcoming Sell Take Profit


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. Always take trades in the direction of the Orange and Blue Larger Confirmation Line. (Must be pointing up on up buy trades and must be pointing down on sell trades)
  2. Aqua Line + Blue Arrow
  3. Orange line + Red Arrow
  4. Blue Take Profit "check mark" after Blue Upcoming Take Profit Line
  5. Red Take Profit "check mark" after  Red Upcoming Take Profit Line
  6. Larger Orange and Blue confirmation line can be used as support and resistance
  7. If Trend direction matches higher time-frame. i.e if H4 gives a Blue Arrow and D1 has Aqua Confirmation line
  8. 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.
  9. Grey confirmation line is a sign that the trend is ranging, slowing down or changing. 
  10. VERY STRONG CONFIRMATION: Only take Buy trend after strong & smooth Sell trend, and only take Sell trend after strong & smooth Buy trend. 


Indicator Parameters

  • Send_Email: True or False
  • Audible_Alerts: True or False
  • Push_Notifications: True or False
  • BuySellArrows_Alert: True or False
  • TakeProfitArrows_Alert: True or False
  • StopLossArrows_Alert: True or Flase
  • TrendContArrows_Alert: True or False
  • TakeProfitLine_Alert: True or False
  • time of day (from hour)
  • time of day (to hour)

*I recommend using this indicator on the H1, 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


Bonus: Email Simpleforexoptions@gmail.com with purchase confirmation if you would like to receive the CPT Line & CPT Arrows for FREE to go with the Trend Racer System.

Reviews 3
KDInvestments
387
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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NAM TECH GROUP, CORP.
5 (1)
MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
200 USD
New, more accurate version of the Xmaster indicator. More than 200 traders from around the world have conducted more than 15,000 tests of different combinations of this indicator on their PCs in order to get the most effective and accurate formula. And here we present to you the "Xmaster formula indicator forex no repaint" indicator, which shows accurate signals and does not repaint. This indicator also sends signals to the trader by email and push. With the arrival of each new tick, it constan
139 USD
EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts including: Equilibrium Fractal Wave Index: exploratory tool to support your trading logic to choose which ratio to trade Superimposed Pattern
200 USD
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zika79rus
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zika79rus 2021.02.15 12:13 
 

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Kara Quartz
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Kara Quartz 2021.02.11 19:07 
 

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KDInvestments
387
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 4.1 2021.01.18
-Removed Alerts for confirmation Lines.
-Added Customizable Alerts for all Arrows.
-Can turn on/off alerts for each Arrow or Signal Set.
-Can now customize trade time.
Version 4.0 2020.10.29
-Signals are not as noisy or frequent.
-Removed Moving support and resistances.
-Added Take profit warning lines.
-Changed the logic behind take profits and stop loss.
-Changed the logic behind trend signals.
-Changed the way confirmation lines appear and react on charts.
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