The indicator of a professional trader
- All tools are suitable;
- Lots of strategies;
- Important levels, recommendations;
- Flexibility in settings for different instruments and intervals.
- B, S - predict the direction of the candlestick movement at the beginning or at the close of the candlestick. Recommended TF is from H4 and up.
- Yellow dots - Recommended SL.
- Green squares are the recommended TP.
- SL - By default 6, I recommend choosing from 6 to 12. The higher this value, the lower the probability of SL triggering.
- TP - The default is 4, I recommend choosing from 3 or 5. The lower this value, the higher the probability of TP triggering.
- btext, stext - Replacing text on the chart;
- W_MODE_SET - 10 types of settings for the main strategy, from 0 to 10. Can be individually configured for each pair and interval;
- AAA_filter - Main strategy filter;
- TestTrendFilter - The filter of the main strategy, gives signals only in the trend, which is determined by the new logic;
- Text indent - Text indentation.
- The limit bars for greater performance (if true) - Through the " step" parameter, you can decrease or increase the amount of historical data displayed on the chart, as well as increase performance;
- HISTORY BARS - The number of bars on which history will be displayed by default.
- Use Signal only when the candle closes - Set to true to receive a signal when the candle closes ;
- NEW_REVERS - Predictive strategy to find turning points. Recommended chart period, not lower than H4.
- Use the main forecasting strategy - Use the main forecasting strategy;
- Hide Main Future Strategy TF <H4? - Hide signals of the main strategy below the H4 interval;
- SL_ - (Enable / Disable) dynamic SL.
- TP_ - (Enable / Disable) dynamic TP.
- Levels - Allows you to disable and enable level strategies;
- Alerts - The indicator sends sound notifications if true;
- PUSH - The indicator sends Push notifications, if true;
- MAIL - The indicator sends messages to mail, if true;
- TextFontSize - Font size;
- Font_style - Font style.
-New trend filter, TestTrendFilter.
-Indentation SL, TP, reduced by 10 times for convenience.
-Removed MinMaxFilter due to irrelevance.
Removed from the indicator 2 additional strategies that are no longer relevant in my opinion.
Made more convenient access to the main settings and also, the list of modes is now available from the drop-down list, it is a little more convenient than manual input. Now the indicator is available on MT5.
New settings for ATR are available: ATR_SL, ATR_TP.
By default, I have already adjusted the settings for dynamic SL and TP.
Minor fixes in line color changes.
Added new options for W_MODE and renamed to W_MODE_SET, where you can select from 0 to 10.
Added the ability to hide the signals of the main strategy for timeframes lower than H4.
The following video describes all updates in details.
Tested and added new SVR strategy, which indicates a trend reversal. Unlike the REVERS strategy.
The REVERS strategy indicates rollbacks within the previous candle.
Enable the Binary Option Strategy.
The recommended period for this strategy is M1.
It is recommended to use it on the H4, D1 timeframes when working with limit orders.
The new REVERS strategy is disabled by default, you can enable it manually.
It is recommended to buy and sell only if the pips exceeds the level or is near to it, as the price often reverses by more than 3 pips at those levels.
Improved and refined the main signal strategy.
The D1 chart is recommended for working.
Added new filters to the main strategy.
TrendFilter, these signals will be obtained in the trend, while the price is still able to go in the direction, where it supposedly cannot and you wait for a reversal, constantly going deeper into the drawdown.
ReversTrendFilter, these signals are better used at the weekly/monthly Lows and Highs, at the moments when you wait for a reversal.
It is better to wait for a long time and enter the market 3-5 times a month with confidence, rather than opening endless trades and exposing your deposit to risk.
You should not always wait for the trend to continue. Once you see profit, secure it by moving the positions to breakeven, or close the profitable position and wait for a new moment for entering.
Fixed the display of stop levels for signals.
Improved the logic of buy signals.
Added object descriptions.
- Added ability to select the TF to receive the signals and alerts. The PERCUR(PERIOD_CURRENT) parameter is responsible for this feature, for example, you can select "D1" on the H1 timeframe and works with the signals coming from the D1 on the hourly chart. The text will be displayed on the first candle of the selected timeframe, and the arrow on the last. You will know on which candle the timeframe you selected started and on which it ended. Now it will be much easier to filter the signals, to find more favorable entry points and to know exactly where the signal appeared, while working on a smaller timeframe.
- Added the ability to selectively turn on and off separately: Alert, Push, SendMail.
The strategy for the binary options is available again!
perLVL - new setting that you can change to ypur liking. Initially, I configured the most convenient options.
Demonstration of updates and examples of opening deals: https://youtu.be/QcRG97Fma24
Be sure to upgrade to the new version. It fixes some display bugs. Use the basic Forex strategy for binary options.
Improved the accuracy of FOREX SIGNALS!
Added two new filters to the Forex strategy:
The first filter is predictive, the second one sorts by bar closure. When using the first filter, the signals appear with a delay depending on a situation. Sometimes, they appear when a bar closes.
Added digitLvl function to calculate the levels 3/5 digits.
Added the ability to limit the amount of bars (for better performance), you can also select the number of bars to display via the 'step' function.
Simplified the indicator and its settings.
The version 8.9 does not have a separate strategy for options. It is to be implemented in the version 9.0. I am currently testing it.
Added new levels.
Added the filters. You can enable the two filters.
The first one (AC, UseFilterAC) is a standard indicator for sorting out the signals opposite to the AC indicator direction.
The second one (UseFilterX) is used for additional confirmation of signals. Please note that this is a lagging filter - signals appear on an open candle. When trading options, it is recommended to buy them at a candle closing.
Make sure to enable Signal_Open_Bar. However, it is reasonable to disable it during backtests. Otherwise, a test takes too much time.
Signals are designated as D1B, D1B-2, D1S, and D1S-2.
Added levels for the installation of an approximate stop loss.
Added a strategy for D1, W1, MN charts called (D1Buy,D1Sell). It can be found in the binary options signals block.
Two operation modes are available:
1. Receiving a signal only on a new bar, i.e. when the candle has closed (set Signal_Open_Bar to FALSE).
2. Receiving a signal on any minute. Each mode is efficient in its own way (set Signal_Open_Bar to TRUE).
Restored old naming conventions - BB and BS instead of Call and Put.
Added ability of sending messages via e-mail.
The mtb signal (mini trend buy) indicates continuation or beginning of a new trend. The area for placing stop loss is specified below the bar.
The mts signal (mini trend sell) indicates continuation or beginning of a new trend. The area for placing stop loss is specified below the bar.
Also added new signal of reversal to the BUY-4 strategy.
Added recommendations for exiting from the trend, you can drag stop loss, or use as a beginning of a new trend, but the trend may also continue.
New_Binary and Buy-6, Sell-6.
The Signal_Open_Bar function must be enabled for the New_Binary strategy.
Above all, do not forget that each pair and TF requires development of a trading strategy and usage of corresponding risk when opening a position.
As always, I continue and will continue to work on improving and developing the product so you will be pleased with my work.
Signals from the Bh m15 indicator for binary options with the Binary_Universal_Signal function. That means that you can use them on any TF, but there is a possibility of error to delete them from the chart, if the next candle has not closed in the direction of the signal, so use such filters as MA or Stochastic. Signals show direction of the candle closing in future.
Added signals for CFD(Dax30) with the Dax_cfd function.
Do not use signals EURUSD_H1 and DAX_cfd on other pairs and TF aside from those they have been optimized for!
Moving forward, every pair and TF will have more optimized signals which will save your time for analysis and making a decision.
Added a filter to the signal Buy-4, fewer false signals.
In subsequent versions I will add comments to each signal, when receiving the alert on the chart, the last signal and its explanation will be displayed in the upper left corner.
Now I am working on Sell-5. Soon I will also add optimized signals for CFD (DAX30).
Added a video with demonstration of the indicator.
Logic of Buy and Sell signals has been update (1,2,3,4), some filters have been added.
Now, when you enable the Signal_open_bar function, signals will not be late. This applies only to binary options signals. It is recommended to enable this function only when using signals specifically for binary options.
Buy, Sell 2 is recommended to be used on H1
Buy, Sell 4 have reversal nature, i.e. signals will indicate reversals, so I advise to use H1 and above.
Buy, Sell (1,2,3,4) Signals can now be disabled separately.
Updated signals for binary options. Their amount has been increased several times.
I recommend using them on M5 and M15.
Added a new signal - Buy 4 and Sell 4.
Server (terminal) time is now displayed in alerts.
Signals are partially sorted by strategies.
Added a new strategy for EURUSD М5 binary options.
Other signals from previous versions are now available when the signal function for Forex trading is enabled.
Signals for certain symbols and periods can be disabled if available.
New signals for the timeframes higher than M5 for trading binary options are to be added in the next version. Signals for each symbol and timeframe are optimized separately on actual quotes without using history data.
New mid and long-term trading strategies are to be added in the upcoming updates.
If you want to use the indicator only for binary options, then I advise you to open an ECN account on http://wforex.org/
The http://wforex.org/ broker terminal detects about 90 signals per week, while the terminals of other brokers and dealing centers detect only 30-50 ones. Of course, it is impossible to optimize each strategy for each broker and account type, so I hope for your understanding. Differences in quotes may occur very often.
As for regular Forex trading strategies, you can launch the indicator at any broker's terminal.
For binary options added entry rules at a sound confirmation.
The current version and all the future versions will work on all pairs and on any terminal.
Less signals, more accuracy.
Since 2011, the accuracy of the signals was not less than 80%.
More signals are to be implemented in version 6.2.
The current version is optimized only for EURUSD M5.
You must have an account, 5 digits after the decimal point. Be sure to download the terminal with Roboforex broker, account type - Standart. Different brokers may have different quotes and if you set the indicator to the terminal of another broker, the indicator may stop working properly and provide false signals or not provide them at all!
The work on other optimizations is currently in progress.
In the next update, I will provide more signals. Also, the product is to be optimized for other timeframes and symbols.
If you have questions, feel free to contact me.
Fewer signals are produced, the number of false signals decreased by about half.
And do not forget to adjust it for each symbol and period.
Filters are not complete yet, but after the update the number of false signals has decreased by ~50%.
- Alert for each signal,
- Ability to change the color of signals
- Ability to change the indentation of signals
- Ability to change font styles,
- Added function "znak4" for 4-digit accounts. Do enable this function if you have a 4-digit account.