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BING Trade Setups Arrow Indicator

30 000 USD

Demo downloaded: 252

Published: 27 March 2021

Current version: 5.22

BING Trade Setups Arrow Indicator

Indicators
Fernando Huezo
Version: 5.22
Updated: 13 July 2021
Activations: 20

* The REAL, ORIGINAL, Non-Repainting, Non-Delaying, Arrow Trade Entry indicator for Very Low-Risk market execution *

Check MYFXBOOK HERE!!!

Check out my LIVE channel to see the EA based on this Indicator in profitable action! Check My Profile.

This is the Golden standard in arrow indicators for MT4.

BING Setup Arrows Indicator(BSA) will show easy-to-read High Probability trading situations with Non-Repainting, Non-Delaying, Up or Down arrows on the graph. So simple, it's brilliant. Always shows very good trading setups, no flashy colors, confusing configurations, hard-to-read dashboards, etc.

Perfect for that very conservative trader who wants to keep risk low and grow his/her account in an orderly fashion. No crazy scalping, Martingale, or grids. Finally, a reliable, light, fast indicator with pure advanced math, that simply works.

What is BSA?

An indicator intended to improve your intuition, which will show Up or Down arrows on-screen during Low-risk and Mid-Risk trading environments. It trains your mind to recognize good setups and make you a better trader. We stand 100% on our products because we ourselves use them every day(we really do, check our Live channel).

Does it provide alerts?

Yes! BSA includes all types of alerts offered by the MQL coding language: Alerts on Screen, Sound, MetaQuotes Push Alerts, and Email.

What settings are user-editable?

BSA is meant to be as easy as humanly possible. It does all the calculations for you, so you spend time trading, not configuring. User editable options are restricted to choosing the Alerts you wish to get, and the color of the arrows.

How good are the signals?

BSA offers two types of signals: Low-Risk, and Mid-Risk:

'LowRisk' shows arrows on retracements where the win rate is extremely high. Our EA based on this algorithm has easily shown an 85%-95% win rate.
'MidRisk' signals will show much more trading situations, most of them visibly very good. 'MidRisk' signals usually show 70%+ win rates. (**Even higher with the new update**)One thing you will notice is that BSA does not frequently show arrows, but when they show, they are easy to recognize they are good setups. No more confusing repaintings, confirmations back in time, or deceptive dashboards of how much you could have "made".

**Check out our BING DayTrading Pro EA, which uses this formula as a foundation-

What Timeframes does it work with?

Since the nature of the algorithm is taking advantage of MTF confluence conditions, this indicator is designed to work on M15, H1, H4, and D1. It also works great on M5, a timeframe we used to avoid. (Always be prudent and exercise good Risk Management).
The algorithm is designed to consider these timeframes the same as looking into the microscopic details of higher timeframes, like H4, D1, W1, and MN. For example, when looking at M15, you are actually looking at the microscopic levels of H4.

Do signals Repaint?

This is probably the single, most important question you should always ask yourself before purchasing an indicator. This separates the good from the bad.

No, it does not repaint, nor delay either, nor wait for the candle close to show a signal. Arrows appear immediately, and remain forever, at the moment the math is correct.
Many indicators out there will paint an arrow at the close of the bar, or change information afterward, leaving you with that feeling you missed out. You didn't miss out, you were deceived.
BSA will not invade your screen with countless arrows. The few that do the show, will show up at the right time, and stay. These signals may not be frequent, but they are very reliable.

What Markets does it work for?

The science behind this works on any market. The algorithm is very good and works on ALL instruments because it scans for specific 'signature' movements and MTF confluences. ALL instruments will, over time, make these movements, with absolutely no exceptions(actually, anything in nature you can put on a graph, will do these movements). That is why we don't make indicators for specific currencies, we don't need to, this is universal.

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Version 5.22 2021.07.13

Version 5.2.2

- We have reduced risk even more on both types of signals(Low-risk and Mid-risk).

Remember this indicator is designed to improve your manual trading, by increasing your intuition. This is done by providing very high quality setups which your mind will get used to recognizing over time. Not all setups are perfect, it is the trader's responsibility on doing due diligence in analyzing graph and deciding on entry, stop, and profit levels. Remember that signals are not always meant to be taken immediately for execution.

If your intention is not to improve your intuition, and training your mind to better your manual trading, and rather prefer an automated, no intervention system, please consider our proprietary EA instead, which code is entirely designed for set-and-forget trading.

As a customer, feel free to request a free Tester version of our BING Trading EA.

Version 5.2 2021.06.17

Bug fix. Issue with some very few alerts not having visible arrows has been fixed. We turn your suggestions into solutions. Thank you!

Remember this indicator is designed to improve your manual trading, by increasing your intuition. This is done by providing very high quality setups which your mind will get used to recognizing over time. Not all setups are perfect, it is the trader's responsibility on doing due diligence in analyzing graph and deciding on entry, stop, and profit levels.

If your intention is not to improve your intuition, and training your mind to better your manual trading, or you prefer automatic, no intervention, set and forget trading, you could consider our proprietary EA instead.

Version 5.1 2021.06.15

This version has an added subroutine that will check if your MT4 has effectively sent an alert. This should eliminate issue with some few signals showing up visually but not sending alerts.

Most customers will not experience a difference as this issue was mostly environmental(OS version, connection speeds, virtualizations, disconnections, etc.). We are glad to finally being able to reproduce this environment and code a fix for it.

Remember this indicator is designed to improve your manual trading, by increasing your intuition. This is done by providing very high quality setups which your mind will get used to recognizing over time. Not all setups are perfect, it is the trader's responsibility on doing due diligence in analyzing graph and deciding on entry, stop, and profit levels.

If your intention is not to improve your intuition, and training your mind to better your manual trading, or you prefer automatic, no intervention, set and forget trading, you could consider our proprietary EA instead.

Version 5.0 2021.06.14

We are always in constant code development. This new version will show arrows much faster than ever before. Cleaner, quicker, and very high winrate, both Low-Risk and Mid-Risk signals. This could very well be our best work yet. Try it out and be surprised by its improvement and reliability.

*If you are satisfied with any of the previous versions you do not need to update.

Remember this indicator is designed to improve your manual trading, by increasing your intuition. This is done by providing very high quality setups which your mind will get used to recognizing over time. Not all setups are perfect, it is the trader's responsibility on doing due diligence in analyzing graph and deciding on entry, stop, and profit levels.

If your intention is not to improve your intuition, and training your mind to better your manual trading, or you prefer automatic, no intervention, set and forget trading, you could consider our proprietary EA instead.

**Please be aware that due to the MTF nature of the algorithm, you might get late signals in very rare occasions.

Version 4.0 2021.06.05

***Biggest core code update in months****
Code has been overhauled to be more selective on signals. Quality of setups has increased substantially and ranging situations are much better detected.
If you own previous versions and are satisfied, you probably don't need to update. This update will show a similar amount of signals but on different situations. If you wish to test it, make sure to save previous version by saving file located on folder MQL-Indicators-Market.

Remember this indicator is designed to improve you manual trading, by increasing your intuition. This is done by providing very high quality setups which your mind will get used to recognizing over time. Not all setups are perfect, it is the trader's responsibility on doing due diligence in analyzing graph and deciding on entry, stop, and profit levels.

If your intention is not to improve your intuition, and training your mind to better your manual trading, or you prefer automatic, no intervention, set and forget trading, you could consider our proprietary EA instead.

**Please be aware that due to the MTF nature of the algorithm, you might get late signals in very rare occasions.

Version 3.2 2021.05.27

Code optimization. Indicator algorithm is mature and working as intended. No visible changes from last version, update at will.

**As per MQL Rules, we cannot guarantee any profits with the use of this indicator. It has been designed to be as easy and friendly to use, but you remain solely responsible for any financial losses you could potentially incur.

Version 3.1 2021.04.26

Biggest update to signal formula. Signals are now less frequent, but much higher quality. They also show up faster(as always, it does not repaint). This indicator is best when used simultaneously on many instruments and different timeframes. On our setup, indicator has shown an average of 3-5 very low risk signals daily.

New formula is very strict, showing less signals over time. Remember to save previous version if you prefer having more signals at the expense of risk.

As always, help is just a message away.

**As per MQL Rules, we cannot guarantee any profits with the use of this indicator. It has been designed to be as easy and friendly to use, but you remain solely responsible for any financial losses you could potentially incur.

Version 2.7 2021.04.10

Code optimization. Cleaner code for easier optimization if necessary.

Version 2.5 2021.04.05

Very important updates:

- Math automatically adjusts for Cryptocurrencies. You can now use on most popular Cryptos (BTC, BCH, DASH, ETH, LTC, and XRP)
- Math optimized, you can now use Daily timeframe(microscopic view of Monthly). Swing traders rejoice.
- Math optimized, Mid-Risk opportunities with lower risk than before. More Low-Risk opportunities will show up. As always, analyse market before making a trading decision.
-Added 'BING' prefix on alerts to make it easier to see where a signal is coming from.(Useful when you have loaded several different indicators on your template).

**As per MQL Rules, we cannot guarantee any profits with the use of this indicator. It has been designed to be as easy and friendly to use, but you remain solely responsible for any financial losses you could potentially incur.

Version 2.4 2021.04.03

Optimized code.

**As per MQL Rules, we cannot guarantee any profits with the use of this indicator. It has been designed to be as easy and friendly to use, but you remain solely responsible for any financial losses you could potentially incur.

Version 2.3 2021.04.02

Version 2.3

Bug causing errors in Tester has been fixed. Thank you for your feedback.

**As per MQL Rules, we cannot guarantee any profits with the use of this indicator. It has been designed to be as easy and friendly to use, but you remain solely responsible for any financial losses you could potentially incur.

Version 2.2 2021.04.01

Version 2.2

We want our customers happy, therefore, as per feedback, we have set the current-candle signal as fully non-repainting. Remember that changing timeframe, or symbol on the graph, and then coming back, can potentially change recent signals. This is a limitation on MT4 when algorithms contain MTF(multi timeframe) information, not a coding error.

- Streamlined alert options
- Bigger arrow indicators for better visibility(you can still change color and size)

Test it and surprise yourself on extremely good setups this indicator is able to detect.

**As per MQL Rules, we cannot guarantee any profits with the use of this indicator. It has been designed to be as easy and friendly to use, but you remain solely responsible for any financial losses you could potentially incur.

Version 2.1 2021.03.31

Version 2.01

Contains a tighter Arrow formulae for both Low-Risk(arrows) and Mid-Risk(diamonds) signals.
100% winrates here and there, no longer a rare ocurrence.

**As per MQL Rules, we cannot guarantee any profits with the use of this indicator. It has been designed to be as easy and friendly to use, but you remain solely responsible for any financial losses you could potentially incur.

BING Trade Setups Arrow Indicator

***** The REAL, ORIGINAL, Non-Repainting, Non-Delaying, Arrow Trade Entry indicator for Very Low-Risk market execution *****

Check MYFXBOOK HERE!!! Check out my LIVE channel to see the EA based on this Indicator in profitable action! Check My Profile.

Check MYFXBOOK HERE!!!

***This is the Golden standard in arrow indicators for MT4.***

* The REAL, ORIGINAL, Non-Repainting, Non-Delaying, Arrow Trade Entry indicator for Very Low-Risk market execution *

Check MYFXBOOK HERE!!!

Check out my LIVE channel to see the EA based on this Indicator in profitable action! Check My Profile.

This is the Golden standard in arrow indicators for MT4.