First Signal Pro

4

First Signal Pro is a simple yet powerful tool that helps find the first pullback after the trend change. Entering into a trader on first pullback has low risk and provides higher risk:reward ratio. This is by-far one of the best trading strategies known in the market and used by many successful traders and fund managers. You can also customize this indicator and enable "All Signals" to trade the ranging market. This shows that First Signal Pro works in trending as well as non-trending markets. First Signal Pro is not just an indicator, but a trading strategy itself. Following this strategy with discipline can be highly rewarding.

Check out how powerful this indicator is! [Video below]

If you wish to receive email updates, you can subscribe here.

Why use First Signal Pro?

  • Simple and easy to use.
  • Great for novice traders as well as experienced traders.
  • Low risk entries.
  • Good risk:reward ratio
  • Doesn't repaints.
  • Works in both trending and non trending markets.
  • No additional Indicator is needed except discipline.
  • Any additional indicator or EA created based on First Signal Pro will be provided for FREE.
  • Commitment to provide lifelong updates and supports to all owners of First Signal Pro.
  • Popup Alerts, Push Notification and Email alerts.
  • Can be integrated in Expert Advisors.

How to use First Signal Pro?

If you are a visual learner,you can skip reading content below and watch the video demonstration.

First Signal Pro is very straightforward to use. The trend is calculated based on Moving Averages.  The arrows are calculated based on Oscillators.

Here is the list of currently supported Averages :
  • SMA (Simple Moving Average)
  • EMA(Exponential Moving Average)
  • SMMA (Smoothed Moving Average)
  • LWMA (Linear-weighted Moving Average)


Here is the list of currently supported Oscillators.

  • RSI  (Relative Strength Index)
  • Stochastic
  • CCI ( Commodity Channel Index)
  • RVI (Relative Vigor Index)

*More different types of Averages and Oscillators will be added over time.

You can choose to decide to display the trend in the form of "Candles","Lines", "Cloud" or their combinations, "Candles & Lines" or "Clouds & Candles". In trending market, buy when the up arrow appears, sell when the down arrow appears. The stop-loss can be your recent low (when buying) or recent high (when selling).

In Non-trending Market, you might need to adjust and test your parameters for the oscillator you will use for arrows. Set "ShowArrowsOn" to "All Signals" to display all arrows. Buy when you see an up arrow, Sell when you see a down arrow. The stop-loss can be your recent low (when buying) or recent high (when selling).  You can also disable the visualization of the trend by setting "trendDisplay" to "None" in input options. Trading non-trending market is much riskier. The market can be very volatile. Its best to avoid trading in such market conditions.

If you have done your fundamental research well, and wish to accumulate the securities or currency on each dip or trade only in one direction. You can set  "ShowArrowsOn" to "Trend Based Signals" and buy when signal appears.

Do avoid trading during news events as markets can move heavy in any direction regardless of what technical indicators say!


To know learn more about indicator parameters, please visit here : https://www.mql5.com/en/blogs/post/738759

Thank you. Please contact me if you have any doubts or need support.
Avis 6
Issara Seeboonrueang
8127
Issara Seeboonrueang 2020.09.14 04:21 
 

It's a good strategy Make my trading system better and also have good service.

Aravind Kolanupaka
10074
Aravind Kolanupaka 2020.08.26 15:41 
 

Very good. I prefer to have scanner for oppurtunities across all pairs and timeframes rather than EA. Thank you.

Jake huang
31
Jake huang 2020.08.12 15:56 
 

Already earned 2x of what I invested in this indicator in first 3 hours!

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Algo Trading Indicaor  With this indicator , you’ll have zones and trends that hight probability the price will reverse from it. so will gives you all the help that you need  MT5 Version                    https://www.mql5.com/en/market/product/170028 MT4 Version                    https://www.mql5.com/en/market/product/88034 Why should you join us !?  1-This indicator is logical since it’s working in previous days movement , to predict the future movements. 2-Algo trading indicator will hel
Bomb Bank Signal
Igor Pereira Calil
5 (1)
Signal Bomb Bank : votre indicateur de confiance dans MetaTrader 4 Bomb Bank Signal est un indicateur puissant pour MetaTrader 4, conçu pour identifier les tendances les plus pertinentes du marché financier. Si vous recherchez un outil qui anticipe avec précision les mouvements, la Bomb Bank est l’alliée qu’il vous faut. Comment ça marche : Cet indicateur combine trois méthodes distinctes – analyse de volume, clôture de bougie et tendance symétrique – pour détecter et signaler les opportunit
OrderFlow Absorption – Indicateur professionnel de delta et de signaux d’absorption pour MT4 Libérez la puissance de l’analyse réelle du flux d’ordres avec OrderFlow Absorption – l’indicateur ultime d’histogramme delta et de signaux d’absorption pour MetaTrader 4. Conçu pour les traders qui veulent comprendre ce qui se passe réellement derrière chaque mouvement de prix, cet outil révèle la pression d’achat/vente cachée et les événements d’absorption qui font bouger le marché. Fonctionnalités Vis
MT4 Universal Panel pro   est conçu pour tous les indicateurs et délais, y compris les fichiers ex4. Il peut analyser des paires illimitées en fonction de la puissance de votre ordinateur et jusqu'à 10 périodes. La taille du panneau sera arrangée automatiquement. vous pouvez appeler n'importe quel indicateur par buffers. Cela fonctionne pour tous les indicateurs par défaut et personnalisés. Vous pouvez simplement l'utiliser pour heikan ashi, rsi, parabolique, renko, fractales, résistance de s
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
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ROBERT EDWARD BIRD
2943
ROBERT EDWARD BIRD 2023.01.19 04:57 
 

absolute rubbish

HIRALKUMARI SANTOSHKUMAR VALAND
390
Réponse du développeur HIRALKUMARI SANTOSHKUMAR VALAND 2023.01.23 04:24
Hello, What problems are you facing? I'd love to help you in using this indicator. Most of my customers are happy with the performance and are profitable.
Issara Seeboonrueang
8127
Issara Seeboonrueang 2020.09.14 04:21 
 

It's a good strategy Make my trading system better and also have good service.

Aravind Kolanupaka
10074
Aravind Kolanupaka 2020.08.26 15:41 
 

Very good. I prefer to have scanner for oppurtunities across all pairs and timeframes rather than EA. Thank you.

aric joseph
25
aric joseph 2020.08.16 09:06 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Amit Goyal
16351
Amit Goyal 2020.08.14 23:39 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Jake huang
31
Jake huang 2020.08.12 15:56 
 

Already earned 2x of what I invested in this indicator in first 3 hours!

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