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.
Recensioni 6
Issara Seeboonrueang
8061
Issara Seeboonrueang 2020.09.14 04:21 
 

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

Aravind Kolanupaka
10029
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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The Nihilist 5.0 Indicator includes Forexalien and Nihilist Easy Trend trading strategies and systems. It is composed of an MTF Dashboard where you can analyze the different input possibilities of each strategy at a glance. It has an alert system with different types of configurable filters. You can also configure which TF you want to be notified on your Metatrader 4 platform and Mobile application The indicator has the option to view how could be a TP and SL by using ATR or fixed points, even w
Quantum Regime Indicator
Gideon Asiamah Yeboah
Indicatori
Product Name:   Quantum Regime Indicator Short Description:   A multi-engine structural regime and volatility filter. Description: Quantum Regime Indicator (QRI) is a sophisticated technical analysis algorithm designed to identify market structure shifts and volatility regimes. Unlike standard indicators that rely on immediate price action, QRI utilizes a hierarchical logic architecture to filter market noise and identify statistical extremes. The indicator is built on the philosophy of "Market
Smart Price Action Concepts
Issam Kassas
4.75 (12)
Indicatori
Innanzitutto, vale la pena sottolineare che questo Strumento di Trading è un Indicatore Non-Ridipingente, Non-Ridisegnante e Non-Laggante, il che lo rende ideale per il trading professionale. Corso online, manuale utente e demo. L'Indicatore Smart Price Action Concepts è uno strumento molto potente sia per i nuovi che per i trader esperti. Racchiude più di 20 utili indicatori in uno solo, combinando idee di trading avanzate come l'Analisi del Trader del Circolo Interno e le Strategie di Trading
Forex Liquidity Finder
Aditya Jayswal
Indicatori
ZeusArrow Smart Liquidity Finder  Smart Liquidity Finder is Ai controlled indicator based on the Idea of Your SL is My Entry. It scan and draws the major Liquidity areas on chart partitioning them with Premium and Discount Zone and allows you find the best possible trading setups and help you decide the perfect entry price to avoid getting your Stop Loss hunted . Now no more confusion about when to enter and where to enter. Benefit from this one of it's kind trading tool powered by Ai an trade
Excessive Momentum Indicator MT4
Young Ho Seo
4.83 (6)
Indicatori
Introduction Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and
Scalping signals M1
Andrey Kozak
Indicatori
Everyone who purchases the Scalping signals M1 indicator receives a FREE BONUS — a fully automated Expert Advisor that trades based on the indicator’s signals. The indicator shows the arrows — the robot can execute the trades for you, following all signals and risk-management rules. Scalping signals M1 – a ready-made trend-following entry system for M1 Scalping signals M1 is an indicator that turns your chart into a clear action map: a colored trend channel shows the direction of the market, and
Confluence Pro Indicator
Girish Kurwalkar
Indicatori
ConfluencePro v2.0 – Ultimate Confluence Indicator for Binary Options & Forex Professional Multi-Filter Signal System with Dashboard, News Filter & Real-Time Statistics ConfluencePro v2.0 is the most advanced confluence-based indicator ever released on the MQL5 Market. It combines 17+ professional filters (Trend, Smart Money Concepts, Market Structure, Divergence, MTF Confirmation, News Events, Volume, Regime Detection and more) into a single, easy-to-read confluence score (0–100%). Only the hi
NAM Order Blocks
NAM TECH GROUP, CORP.
3.67 (3)
Indicatori
MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
Currency Strenght Index Advanced Version
Lim Kah Keing
Indicatori
Messaggio dell’autore Tradingo nel mercato Forex da più di 7 anni e sono un trader a tempo pieno . Durante il mio percorso di trading, ho realizzato chiaramente che la sfida più grande nel trading non è la strategia stessa, ma scegliere la coppia di valute giusta . Anche una strategia ben progettata può diventare inefficace se applicata al mercato sbagliato o alla coppia di valute sbagliata. Al contrario, quando viene selezionata la coppia giusta, molte strategie tendono naturalmente a esprim
Delta Volume Indicator
Azeez Abdul Jimoh
Indicatori
Introducing the Delta Volume Profile Indicator - Unleash the Power of Institutional Precision!  Technical Indicator: Are you ready to trade like the pros? The Delta Volume Profile Indicator is no ordinary tool. It’s a high-precision, cutting-edge indicator that puts the power of institutional-grade trading in your hands. This unique indicator analyses delta volume distribution in real-time, revealing the market's hidden buy/sell imbalances that the biggest financial institutions rely on to antic
BinaryIndicator
Andrey Spiridonov
Indicatori
BinaryIndicator is a highly accurate indicator for trading binary options. It shows excellent results in scalping. This indicator is based in multifactor analysis of trend indicators, as well as confirmation oscillators, which in the end gives an increased accuracy of signals. Advantages of the indicator Increased accuracy of signals. Excellent results when trading binary options with a short expiration time from M30 to M1 . It works on any timeframes. Works with any trade symbols. Parameters
Gold Channel XAUUSD
Paulo Rocha
5 (4)
Indicatori
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
Risposta dello sviluppatore 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
8061
Issara Seeboonrueang 2020.09.14 04:21 
 

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

Aravind Kolanupaka
10029
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'utente non ha lasciato alcun commento sulla valutazione.

Amit Goyal
16321
Amit Goyal 2020.08.14 23:39 
 

L'utente non ha lasciato alcun commento sulla valutazione.

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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