Beast Super Signal Lite MT5
This is a lite version of the Beast Super Signal MT5 indicator and will work on EURUSD only!
To get the full version click HERE!
The Beast Super Signal Lite is a simple, and easy to use trend based indicator. It will continuously monitor the current price action looking for new trends establishing or strong reversals building at extreme overbought, and oversold levels and trends that have reached strong exhaustion levels.
The Beast Super Signal Lite indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. All you need to do is buy or sell when you get a new arrow alert, no additional confirmation is needed!
The Beast Super Signal Lite indicator can be used on ALL Currency pairs, Indices, Commodities, and Cryptocurrency pairs!
The indicator is extremely versatile and can be used successfully on all time frames!
This indicator is 100% NON repainting! It will never recalculate or back paint!
Please note the indicator is NOT optimized for trading Stocks or Binary Options!
The Beast Super Signal Lite indicator will give you Entry, Stop Loss, and 3 X Take Profit level suggestions which you can use if preferred.
There are 2 input options for calculating how the TP & SL levels are calculated on the chart.
- TP & SL levels are calculated using average daily range volatility.
- TP & SL levels are calculated using Risk & Reward ratios 1:1, 1:2, and 1:3.
There are parameters in the input settings to further customize the indicator to your own preference, however the standard default settings have been optimized for best performance.
There are two additional filters to increase or decrease the amount and frequency of signals. The higher the filters are set the fewer signals you will have, but with increased accuracy. You can change the inputs to your preferred level for trading.
The indicator has multiple alert options including pop up alert, email alert and push notification alert.
**To get the EA version of this indicator worth $199 for FREE click HERE!**
This offer is only available to clients who have purchased the full version indicator!
Parameters & Description
- Bars to Calculate - Select how many bars back you want the indicator to calculate.
- Overbought Entry Zone - Select the Overbought level.
- Oversold Entry Zone - Select the Oversold level.
Strength Period - Set the strength period. The higher the strength
period the less signals you will have but with increased accuracy.
- Volatility Percentage Filter - Set the % to filter out market volatility. The higher the % the less signals you will have, but with increased accuracy.
- Show Take Profit Levels - Select to show which Take Profit levels you want to display on the chart.
- Stop Loss Level Color - Select to change the color of the Stop Loss line on the chart.
- Take Profit Levels Color - Select to change the color of the Take Profit lines on the chart.
- Entry Level Color - Select to change the color of the Entry line on the chart.
- Use Pop Up Alert - Select to enable Pop Up alerts.
- Use Push Alert - Select to enable Push alerts.
- Use Mail Alert - Select to enable Email alerts.
If you have any further questions please feel free to ask, and I'll be happy to assist you. I wish you best of success with the new Beast Super Signal Lite!