Primus Trading Engine
Primus Trading Engine is a trading system that combines price action,ratio based indicators & custom indicators to create this leading indicator with a multi-timeframe approach to give you high probability trade setups for forex,CFD cash/futures,metals & binary option to assist in making predictions on what is MOST likely to happen in the market
Main Chart Features
- Price Action Signal-Arrow displayed on a specific bar;NOT buy/sell arrow;DOES NOT repaint;Bullish arrow on a bullish bar,price is likely to go LONG; Bearish arrow on a bearish bar,price is likely to go SHORT;Bullish arrow on a bearish bar,price is likely go LONG momentarily before going SHORT; Bearish arrow on a bullish bar,price is likely go SHORT momentarily before going LONG
- Entry Zone-Dynamic rectangular(Green/Red)box to show future price moves;Green rectangle for LONG moves;Red rectangle for SHORT moves;When there is NO entry zone stay out of the market
- Target One-Dynamic low risk target from entry zone
- Target Two-Dynamic medium risk target from entry zone
- Target Three-Dynamic high risk target from entry zone
- Stop Loss-Dynamic stop loss from entry zone
- Change Focus-When breached future price moves change from LONG to SHORT & viceversa
Left Hand Panel Features
- Market Price-Shows market price cycle (Green:Bullish;Red:Bearish;Gray:Sideways)
- Option Type
Boundary-Shows Inside/Outside boundary optionOne Touch-Shows Touch/No Touch optionTurbo-Shows Short Term below 15 min option (Scalping One Bar)
- Analysis-Shows current chart analysis
- High Low-Shows mid-term trend
- Probability-Shows probability of success for specific setups (Forex:Long/Short; Binary:One Touch,Reversal Bounce/Breach)
- Overall Trend-Shows long-term trend
- Current Momentum-Shows momentum
- Future Price Moves-Shows future price moves or direction of the entry zone
Parameters
- Trade Period - Default 100
- BUY & SELL Signal - Screen pop up alert when there is a High Probability valid Entry at the Entry Zone
High Probability Trade Setups
Forex, Metals, CFD Cash/Futures
**THERE MUST BE STRUCTURE OUTSIDE THE TRADING RANGE TO THE LEFT BEFORE YOU TAKE A TRADE**
- LONG-Trade when price enters the LONG entry zone based on HIGH PROBABILITY CONFLUENCE from panel,set stop loss & targets
- SHORT-Trade when price enters the SHORT entry zone based on HIGH PROBABILITY CONFLUENCE from panel,set stop loss & targets
Binary Options
**PICK ONE..MASTER ONE..TRADE ONE**
- Inside Boundary-Trade when boundary option type is available;wider the range the better
- Outside Boundary-Trade when boundary option type is available;narrower the range the better
- Touch-Trade with momentum when One Touch option type is available with HIGH PROBABILITY CONFLUENCE from panel (trade to HIT a price level)
- NoTouch-Trade with momentum when One Touch option type is available with HIGH PROBABILITY CONFLUENCE from panel (trade NOT to HIT a price level)
- Turbo-Trade with momentum when turbo option type is available with HIGH PROBABILITY CONFLUENCE from panel
- Reversal Bounce-Trade when price has bounced off the SHORT/LONG entry zone based on HIGH PROBABILITY CONFLUENCE from panel.Price MUST be INSIDE/BELOW the SHORT entry zone for a PUT OR INSIDE/ABOVE the LONG entry zone for a CALL
- Reversal Breach-Trade when price has breached the SHORT/LONG entry zone based on HIGH PROBABILITY CONFLUENCE from panel.Price MUST be INSIDE/ABOVE the SHORT entry zone for a CALL OR INSIDE/BELOW the LONG entry zone for a PUT
N.B: Inside/Outside Boundary,Touch/No Touch assets,price levels & availability will vary from broker to broker
Timeframe & Expiries
- M1 - 1min to 30min expiry
- M5 - 1hr to 2hr expiry
- M15 - 4hr to End of Day expiry
FOR CONFIRMATION of Setups use PRIMUS SMART MONEY https://www.mql5.com/en/market/product/30887
Advantages
- A wide range of trade setups for Forex,CFD Cash/Futures,Metals & Binary on ALL asset classes
- The system is already pre-coded for the highest probability indication of current market conditions
- Supports M1,M5,M15,M30,H1 & H4 for Forex,CFD Cash/Futures & Metals
- Supports M1,M5 & M15 for Binary Options
- Back test on simulator FIRST then forward test on DEMO for at least 1 MONTH
- Trade one setup,one timeframe;Pick one,master one,trade one
Removed Email alerts
Re-arranged analysis and high low labels on the left hand panel
Modified the labels on the price levels to the right (targets,entries & change focus)
Modified trading engine calculations
Modified High Low Calculations
Improvements in indicator visuals
Changes to trade levels outlook to improve on visuals
Minimum trading period set to 96
This will calculate the current overall market statistics,overall trend and current momentum automatically depending on the trading period chosen;
Default is still set to 100 bars
Changed Background & Levels for better visibility
Changed the Entry Alerts To a Simple BUY & SELL Signal
Simplified Entry Criteria for LONG & SHORT to give High Probability Setups ONLY
Improved on Probability calculations
Changed the duration between Alerts (No more Alerts on every single bar close)