Market / MetaTrader 4 / Indicators /

Deal Trading Trend

69 USD

Demo downloaded: 39

Published: 21 July 2021

Current version: 2.24

Deal Trading Trend

Indicators
Sukunthakan Ngernbamrung
Sukunthakan Ngernbamrung
Researcher at Bangkok

Thailand

6435
3.2 (4)
I am interested in financial market, forex and cryptocurrency. I have been trading over 3 years and learning many strategies by yourself via many methods.

7 products 2 topics 1 comment
Version: 2.24
Updated: 12 January 2024
Activations: 5

Simple Trading System Update

!!! Follow this link to see our 2024 Strategy !!! ( Download the EAs scanner )

Deal trading trend indicator is a useful indicator tool predicting the market movement, easy-to-use due to obviously showing trend line, arrow and target point. You can consider the direction of the market for going up or going down by using this indicator.

Parameters

In this section, we are explaining the main parameters including;

Period bar : The number of history bars are used for calculation (Increasing the number extends the rage of market)

Target factor : Distance between entry price and target or stop loss (Increase the number extends the distance with low success rate)

Deviation : The volatility of market ( Increasing the number extends the rage of market)

In the case of timeframe 1 or 5 minutes, the deviation should be decrease. The minimum of deviation is 0.01.

Display - Arrow, Trend line, Target points and labels

Display TP1, TP2 and SL on chart

Alert and notification - Alert pop-up with sound, Sending message to mobile.

Stochastic Reversal condition

In our experience, to find a reversal point following market trend. We had found that Stochastic indicator can be used for finding a reversal point. This function is included in the Deal Trading Trend Indicator. Arrow and alert are also included. In this strategy can be use for scalping or holding to close at the opposite signal.

Stochastic setting is as same as default setting.

How to trade in easy 3 steps!

Step 1: Signal receive

Receive signal buy or sell with entry and stop loss price.

Step 2: Set target and stop loss

Entry to open position following signal.
Exit buy signal on a new sell signal.
Exit sell signal on a new buy signal.

Step 3: Get target

Option 1: Get target at TP1.
Option 2: Partial close at TP1 and remaining to close at TP2.
Option 3: Take profit on opposite signal.

We hope the Deal Trading Trend Indicator to be a good trading tool for you. If you have any question, please feel free to send me a message. I will respond as soon as possible.

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Deal Trading Trend

Sukunthakan Ngernbamrung

Simple Trading System Update

!!! Follow this link to see our 2024 Strategy !!! ( Download the EAs scanner )