Entry and Exit

  • Indicators
  • William Jidekene Igwe
    William Jidekene Igwe
    Fell in love with trading after exchanging currency with my local bureau de change. Decided to look learn more about forex trading. Currently enjoying trading and in the future plan to combine machine learning with forex trading.
  • Version: 1.0
  • Activations: 7

Entry and Exit indicator simplifies the trading process by automatically providing the entry price and the take profit price with the appropriate stop loss. The indicator constantly monitors the market for the right entry conditions and send outs signals via push notifications to the trader's mobile phone or pc as desired. Hence a trader do not need to watch the chart all day but only act when signals are sent.

This indicator is built around the 'H4 Engulfing System' and the 'Triple Stochastic System' with proprietary algorithm. These systems are very effective for catching a trend or predicting the start of a trend. The  'H4 Engulfing System'  is based on engulfing candlestick with the appropriate filters to produce reliable signals while the 'Triple Stochastic System' is based  on analysing stochastics over multiple time frames to produce reliable signals.

Push notifications, chart messages as well as audible alerts are supported.

Features

  • Integrated push notifications, Sound Alerts and Message Box on the chart
  • Ability to select any or all of the trading systems
  • Can be used on all currency pairs
  • Provides Entry Price, Stop Loss and Take Profit
  • Early Trend identifier 

How to Trade

  • Attach the Entry and Exit Indicator (a.k.a. Trend Catcher) to the required chat
  • When the entry conditions are met, the indicator provides a notification which shows the entry price, the take profit and the stop loss. The notifications which are user configurable are in form of audible alert, push notifications to mobile phones and a message shown on the chat.
  • Simply enter the market at the provided price and time.
  • You should aim to enter the market the moment the signal is released. The times at which the notifications are normally sent provided the entery rules have been met are: 
      • H4 Engulfing System (H4mobile): Every 4 hours interval
      • Triple Stochastic System (TStoch): Every 15 minutes interval
  • You can apply any trade management rules you have. One of such rules is to move your stop loss to breakeven when the market moves sufficiently away from your entry price. 

Input Parameters

The input parameters used to control the type of notifications you prefer include:

  • Display Info On Chart  = If true, signals are displayed on the chat
  • Allow Alerts = if true, Audible Alerts are sent with the signals.
  • Allow Notifications = if true, push notifications are sent to the MT4 mobile app
  • Allow Arrows, = if true, directional arrows appear on the chart to indicate a sell or buy.

Remember to enable push notifications from your mt4 desktop application if you wish to receive notifications on your mobile phone.































































































































































































































































































































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4.5 (2)
If you trade or wish to trade the popular HLHB Trend-Catcher System, then this indicator is for you! It detects when the HLHB system entry rules are met and sends out an alert in the form of notifications to your mobile phone and to your pc. By automatically sending you notifications, this indicator lessens your trading work load as you don't have to sit in from of your pc all day checking all the chats for when the entry rules are met. This indicator does all the dirty work for you. When the si
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Psychological or Round Levels indicator automatically draws lines or zones at the psychological levels (00 or 50) as the market moves.  New lines are drawn as the market moves while the old lines are deleted. This ensures that your chart is clutter-free. The user specifies the number of lines preferred on the chat, and the indicator keeps the number of lines constant. The indicator plots two types of levels, the Main Level (00 levels e.g. USDCAD 1.33000, 1.34000) and the Sub Level (50 levels -
Average Daily Range (ADR) with Support  (S) and Resistance (R) Levels is an indicator which shows how far a currency pair can move in a day. It can be used to find hidden support and resistance levels, estimate effective profit and stop loss targets, and provide short term trade signals from the hidden S and R levels. Features Automatically plots on the chat, the top and bottom of the ADR value (i.e. a horizontal channel) which acts as Support and Resistance Levels Automatically calculates the p
Round Number Drawer
William Jidekene Igwe
The Round Number Drawer is an indicator that automatically draw lines or zones at the psychological levels (00 or 50) as the market moves.  New lines are drawn as the market moves while the old lines are deleted. This ensures that your chart is clutter-free. The user specifies the number of lines preferred on the chat, and the indicator keeps the number of lines constant. The indicator plots two types of levels, the Main Level (00 levels e.g. USDCAD 1.33000, 1.34000) and the Sub Level (50 levels
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