NameTrendBO
- Göstergeler
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Thanasit Kerdprakhon
Hello! I’m an IT student based in Thailand, and I’ve been deeply immersed in the world of algorithmic trading since my final year of high school—bringing about four years of hands-on experience to the table. - Sürüm: 1.0
- Etkinleştirmeler: 5
Hi everyone, I built NameTrendBO because I wanted a simple, honest, and reliable way to identify breakout opportunities without all the "get-rich-quick" fluff. If you are looking for a clean, non-repainting indicator to help you spot entries in a breakout-style market, this might be exactly what you need.
Fixed Price: $30 (Affordable for Everyone)
I’ve decided to keep the price for NameTrendBO fixed at $30. My goal isn’t to get rich off this; I want this tool to be accessible to every trader, whether you're just starting out or a seasoned pro.
Honestly, this price covers my "Green Tea Latte" fund. It keeps me caffeinated and motivated to provide updates and support for all of you. It’s a win-win: you get a useful tool for a fair price, and I get to keep building more tools for the community.
What is NameTrendBO?
NameTrendBO is a Breakout Channel-based indicator. It keeps things simple by highlighting price action as it breaks out of defined channels. It’s a tool for your toolkit—not a magic button that guarantees profit.
Key Features
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Non-Repaint Signals: No "moving" signals. When the alert hits, that’s where the setup is. It doesn’t disappear after the fact.
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Built-in Alerts: Instant notifications on your terminal, email, or mobile. No need to stare at the screen all day.
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Clean & Simple: No bloat, no complex logic—just clear visuals based on channel breakouts.
How I Use It (Trading Logic)
This is a tool for Scalping. Because I use a Negative Risk-Reward (RR) approach to prioritize a higher win rate, discipline is everything.
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The Setup: Wait for the breakout signal within the channel.
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Stop Loss (SL): Always protect your capital. I place my SL at the previous High/Low or use the Channel line as a reference point or same level as MA line. Depends on you. Never trade without a stop loss.
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Take Profit (TP): Aim for quick, realistic moves. For example, on Gold (XAUUSD), I typically look for 100–500 points.
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Timeframes: It works on all timeframes. Just remember:
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Lower TF (M1, M5): More signals, but more "market noise." Requires faster execution.
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Higher TF: Fewer, but cleaner and more stable breakouts.
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A Note from the Developer
I believe in being honest—no indicator can predict the market with 100% certainty. NameTrendBO is meant to assist you in making your own trading decisions. Your success ultimately depends on your discipline, risk management, and market experience.
I recommend testing it on a Demo account first to see if it fits your personal trading style. If you have any questions or feedback, feel free to reach out. I’m always happy to chat with fellow traders.
“Trade smart, manage your risk, and keep it simple.”
