First Signal Pro

4

First Signal Pro is a simple yet powerful tool that helps find the first pullback after the trend change. Entering into a trader on first pullback has low risk and provides higher risk:reward ratio. This is by-far one of the best trading strategies known in the market and used by many successful traders and fund managers. You can also customize this indicator and enable "All Signals" to trade the ranging market. This shows that First Signal Pro works in trending as well as non-trending markets. First Signal Pro is not just an indicator, but a trading strategy itself. Following this strategy with discipline can be highly rewarding.

Check out how powerful this indicator is! [Video below]

If you wish to receive email updates, you can subscribe here.

Why use First Signal Pro?

  • Simple and easy to use.
  • Great for novice traders as well as experienced traders.
  • Low risk entries.
  • Good risk:reward ratio
  • Doesn't repaints.
  • Works in both trending and non trending markets.
  • No additional Indicator is needed except discipline.
  • Any additional indicator or EA created based on First Signal Pro will be provided for FREE.
  • Commitment to provide lifelong updates and supports to all owners of First Signal Pro.
  • Popup Alerts, Push Notification and Email alerts.
  • Can be integrated in Expert Advisors.

How to use First Signal Pro?

If you are a visual learner,you can skip reading content below and watch the video demonstration.

First Signal Pro is very straightforward to use. The trend is calculated based on Moving Averages.  The arrows are calculated based on Oscillators.

Here is the list of currently supported Averages :
  • SMA (Simple Moving Average)
  • EMA(Exponential Moving Average)
  • SMMA (Smoothed Moving Average)
  • LWMA (Linear-weighted Moving Average)


Here is the list of currently supported Oscillators.

  • RSI  (Relative Strength Index)
  • Stochastic
  • CCI ( Commodity Channel Index)
  • RVI (Relative Vigor Index)

*More different types of Averages and Oscillators will be added over time.

You can choose to decide to display the trend in the form of "Candles","Lines", "Cloud" or their combinations, "Candles & Lines" or "Clouds & Candles". In trending market, buy when the up arrow appears, sell when the down arrow appears. The stop-loss can be your recent low (when buying) or recent high (when selling).

In Non-trending Market, you might need to adjust and test your parameters for the oscillator you will use for arrows. Set "ShowArrowsOn" to "All Signals" to display all arrows. Buy when you see an up arrow, Sell when you see a down arrow. The stop-loss can be your recent low (when buying) or recent high (when selling).  You can also disable the visualization of the trend by setting "trendDisplay" to "None" in input options. Trading non-trending market is much riskier. The market can be very volatile. Its best to avoid trading in such market conditions.

If you have done your fundamental research well, and wish to accumulate the securities or currency on each dip or trade only in one direction. You can set  "ShowArrowsOn" to "Trend Based Signals" and buy when signal appears.

Do avoid trading during news events as markets can move heavy in any direction regardless of what technical indicators say!


To know learn more about indicator parameters, please visit here : https://www.mql5.com/en/blogs/post/738759

Thank you. Please contact me if you have any doubts or need support.
Reviews 6
Issara Seeboonrueang
8259
Issara Seeboonrueang 2020.09.14 04:21 
 

It's a good strategy Make my trading system better and also have good service.

Aravind Kolanupaka
10284
Aravind Kolanupaka 2020.08.26 15:41 
 

Very good. I prefer to have scanner for oppurtunities across all pairs and timeframes rather than EA. Thank you.

Jake huang
31
Jake huang 2020.08.12 15:56 
 

Already earned 2x of what I invested in this indicator in first 3 hours!

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Yin Zhou Luo
一款信号统计指标(MT4)——实现基于当前图表周期下的单线MA转向和双线MA金叉/死叉统计 . 转向定义:前一K向下或走平,当前K向上,视为转向向上;反之,转向向下。 金死叉定义:前一K快线在慢线下方,当前K快线在慢线上方,为金叉;反之,死叉。 参数及使用说明: 1、可指定统计K线数。 2、可指定4个不同的日内时间段,格式如"03:00-07:59",4个时间段可交叉任意输入。 3、可配置ABC三个浮盈区间段点值。如:分界区间统计小点值设为500,即当某转向信 号出现后到下一反向信号止浮盈<=此点值,计入A区间; 若大于此点值<大分界点值时,计入B区间;若大于“大分界点值”计入C区间。 4、最大/最小浮盈统计。显示所有统计区间内的最大浮盈点值和最小浮盈点值(亏损点值)。 5、输出完整信号,按信号出现顺序排列,如“ACCBCA”之类。 6、综合预测。使用概率、周期、趋势、马尔可夫链等综合概算输出预测该信号出现的归类概率值。 7、加载指定MA线。在当前图表自动载入相应设置的MA线。 8、自适应列宽。以完整显示统计信号数。 9、用法:点击相应统计按钮即输出相应的统计表格.
Trend Signal Advanced System - is a trading system that provides trend-following entry signals for short- and medium-term trades. Signal arrows are plotted on the current candlestick, generating signals at the top and bottom of the chart. The trend is based on the "standard deviation" indicator with flexible, customizable parameters for any trading instrument volatility. The trading system includes Take Profit and Stop Loss level planner, allowing you to select appropriate trading result levels
SYSTEM INTRODUCTION:   The Binary Options Channels System Is Specifically Designed For Binary Options Trading. Unlike Other Systems And Indicators That Were Adopted From Other Trading Environments For Binary Options. Little Wonder Why Many Of Such Systems Fail To Make Money . Many End Up Loosing Money For Their Users.  A Very Important Fact That Must Be Noted Is The Fact That Application Of Martingale Is not Required. Thus Making It Safer For Traders Usage And Profitability. A Trader Can Use Fi
Fxland Price Reversal Zones (MT4) FXLAND Smart Reversal Indicator is a professional technical analysis tool designed to help traders identify potential price reversal zones and key market turning points with clarity and precision. The best reversal indicator and price return by choosing only one ceiling or floor in each time frame A masterpiece of combining mathematics and Gann, fractal matrix, Fibonacci, movement angle and time. Completely intelligent Key Features Detects potential pr
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ROBERT EDWARD BIRD
2943
ROBERT EDWARD BIRD 2023.01.19 04:57 
 

absolute rubbish

HIRALKUMARI SANTOSHKUMAR VALAND
390
Reply from developer HIRALKUMARI SANTOSHKUMAR VALAND 2023.01.23 04:24
Hello, What problems are you facing? I'd love to help you in using this indicator. Most of my customers are happy with the performance and are profitable.
Issara Seeboonrueang
8259
Issara Seeboonrueang 2020.09.14 04:21 
 

It's a good strategy Make my trading system better and also have good service.

Aravind Kolanupaka
10284
Aravind Kolanupaka 2020.08.26 15:41 
 

Very good. I prefer to have scanner for oppurtunities across all pairs and timeframes rather than EA. Thank you.

aric joseph
25
aric joseph 2020.08.16 09:06 
 

User didn't leave any comment to the rating

Amit Goyal
16381
Amit Goyal 2020.08.14 23:39 
 

User didn't leave any comment to the rating

Jake huang
31
Jake huang 2020.08.12 15:56 
 

Already earned 2x of what I invested in this indicator in first 3 hours!

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