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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.
Comentários 6
Issara Seeboonrueang
5743
Issara Seeboonrueang 2020.09.14 04:21 
 

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

Aravind Kolanupaka
8820
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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Gold Channel   é um indicador baseado na volatilidade, desenvolvido com um algoritmo de tempo especifico para o par XAUUSD que consiste em encontrar possíveis correções no mercado. Este indicador mostra duas linhas exteriores, uma interior (linha de retração) e um sinal de seta, onde a teoria do canal consiste em ajudar a identificar condições de sobrecompra e sobrevenda no mercado. O preço do mercado cairá geralmente entre os limites do canal. Se os preços tocarem ou se moverem para fora do can
Connect Indicator
Sukunthakan Ngernbamrung
Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
Idea: RSI ( Relative Strength Index) and CCI ( Commodity Channel Index ) are powerfull to solved the market.  This indicator has Smoothed Algorithmic signal of RSI and CCI. So that, it separates the market into buy and sell zones, these areas are marked with arrows, red for downtrend, green for uptrend. This algorithm has the effect of predicting the next trend based on the historical trend, so users need to be cautious when the trend has gone many candles. Please visit screenshots
Order Block Indicator MT4
Diego Arribas Lopez
5 (3)
[ MT5 Version ] Order Block Indicator MT4 Order Block Indicator MT4  is currently the most accurate and customizable indicator in the market. It has been developed to facilitate the analysis of operations based on Order Blocks and Supply and Demand Zones. These zones are possible reversal points of a movement. Order Blocks indicate a possible accumulation of orders in one area. The price usually gets to reach and react strongly to those areas. The most relevant levels for this reaction are the c
DESCRIPTION The CHAOS INDICATOR has been developed to be used for the TRADING STRATEGY OF CHAOS, as described in the book. The book is in italian language only and can be obtained only on my website indicated below. DATAS COLLECTED AND SHOWN ON GRAPHS The CHAOS INDICATOR apply easily to any graph and any asset, and it is a TRADING FACILITATOR, as it identify immediately the following items on any graph: - The GP (= RIGHT PRICE) i.e. the price to which the asset should be attracted within 24
Desvende o poder da negociação de opções binárias com o "Indicador Eagle Eye" para o MT4 Prepare-se para embarcar em uma jornada transformadora no mundo das opções binárias com o impressionante "Indicador Eagle Eye" para o MetaTrader 4 (MT4). Esta ferramenta revolucionária está pronta para revolucionar sua experiência de negociação, trazendo precisão cirúrgica e rentabilidade inigualável. Adentre um mundo onde as fronteiras do potencial são rompidas e os lucros são maximizados, graças à precisão
PZ Swing Trading
PZ TRADING SLU
5 (4)
Swing Trading é o primeiro indicador projetado para detectar oscilações na direção da tendência e possíveis oscilações de reversão. Ele usa a abordagem de negociação de linha de base, amplamente descrita na literatura de negociação. O indicador estuda vários vetores de preço e tempo para rastrear a direção da tendência agregada e detecta situações nas quais o mercado está sobrevendido ou sobrecomprado em excesso e pronto para corrigir. [ Guia de instalação | Guia de atualização | Solução de prob
Difícil de encontrar e com pouca frequência, as divergências são um dos cenários de negociação mais confiáveis. Este indicador localiza e verifica automaticamente divergências ocultas e regulares usando seu oscilador favorito. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Fácil de trocar Encontra divergências regulares e ocultas Suporta muitos osciladores conhecidos Implementa sinais de negociação baseados em fugas Exibe níveis adequados de
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ROBERT EDWARD BIRD
2016
ROBERT EDWARD BIRD 2023.01.19 04:57 
 

absolute rubbish

HIRALKUMARI SANTOSHKUMAR VALAND
389
Resposta do desenvolvedor 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
5743
Issara Seeboonrueang 2020.09.14 04:21 
 

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

Aravind Kolanupaka
8820
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
24
aric joseph 2020.08.16 09:06 
 

O usuário não deixou nenhum comentário para sua avaliação

Amit Goyal
15585
Amit Goyal 2020.08.14 23:39 
 

O usuário não deixou nenhum comentário para sua avaliação

Jake huang
31
Jake huang 2020.08.12 15:56 
 

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

Responder ao comentário
Versão 1.3 2020.08.12
-parameters changed
Versão 1.1 2020.08.12
-Critical bug fixed.