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MMM Gold Sniper

Indicator is based on Market Maker Strategy. NO REPAINT.


MM's are traders and their objective is to make money.  This includes strategies to trade against retails traders.  The major difference between them and other traders is that they have the ability, through access to massive volumes, to move price at their will.  So to make money, they aim to buy at a lower price and then sell at a higher price.

They achieve this by: 

1. Inducing traders to take positions. This is achieved by using a range of price movements to ‘trick' traders into taking a position in a given direction but then reversing it again. This means that the MM can sell a specific currency at a certain price and then buy it back at a lower price when the retail trader feels too much pain from the currency value moving backward and wanting to sell it back again (e.g. via the stop loss) 

2. Create panic and fear to induce traders to become emotional and think irrationally. This often involves:  

⋅ quick moves 

⋅ spike candles  

⋅ news releases 

⋅ ‘inexplicable' price behaviour.  

3. Hit the Stops and Clear the Board. This forces traders into ‘margin trouble' and ultimately out of the game.


All information about Market Maker Method are simplified in this indicator.


How to use:

NO INPUT AT ALL. Easy to use. You don't have to change any setting. All algorithm are set behind the screen. 


Recommended Time Frame:

M5 for Scalper

M15 and M30 for intraday trader.

H1 and H4 for swing trader.


PAIRS:

XAUUSD

FOREX MAJOR, FOREX MINOR

OTHER COMMODITIES

INDICES


Entry:

Make entry after signal goes off at the next candle open.

Signal may blinking during pre-confirmation. 

NO ARROW = INVALIDATE

ARROW = CONFIRM SIGNAL


Risk and Money Management:

Always risk 1-2% max from your capital. Do not over leverage. 

Stoploss at nearest support/ resistance. 



Take Profit:

Set your own daily target. Always secure your profit with trailing stop.

Always secure your profit with trailing stop.

Close partial lot and let the remaining order run with trailing stop.


=============================================================================


How to setup push notification to your MT4 Mobile App:

https://www.metatrader4.com/en/trading-platform/help/setup/settings_notifications


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Introducing the   Quantum Heiken Ashi PRO charts with alerts Designed to provide clear insights into market trends, the Heiken Ashi candles are renowned for their ability to filter out noise and eliminate false signals. Say goodbye to confusing price fluctuations and hello to a smoother, more reliable chart representation. Buy  Quantum Heiken Ashi PRO and you could  get Quantum Breakout Indicator or Quantum Trend Sniper Indicator for free. Ask us how with a private message. What makes the Qua
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5 (27)
Trend Scanner scans market trends from Multi-Symbols and Multi-Time frames and displays it on a movable panel on the chart. It uses  Gold stuff indicator for analysis.   Features include alerts and e-mail, as well as push notifications.  The trader can select multiple pairs of his choice for display.   Trend Scanner is a great tool to see the direction of the trend and can be used for manual trading or EA trading by allowing only buy or sell orders according to the trend. Real-time results can
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Indicator is based on   Market Maker Strategy.   NO REPAINT. MM's are traders and their objective is to make money.  This includes strategies to trade against retails traders.  The major difference between them and other traders is that they have the ability, through access to massive volumes, to move price at their will.  So to make money, they aim to buy at a lower price and then sell at a higher price. They achieve this by:  1. Inducing traders to take positions. This is achieved by using a
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Version 2.0 2022.09.04
- Correct "buy" word signal to "BUY"
- New icon