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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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PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend indicator DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
75 USD
This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a dash to monitor multiple pairs and time frames at once rather th
49 USD
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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