• 概述
  • 评论 (3)
  • 评论 (3)
  • 新特性

Paul BuySell Indicator

Non-Repainting & Trend Following Indicator

 

A simple tool that will kill your trading fear and failure forever. This is the perfect BUY-SELL Indicator for all!

Paul Indicator detects trend, eliminates noise and show Buy and Sell level in the screen window.

This Buy Sell Indicator is not colorful and ornamented but this Indicator is very simple, very strong and useful. This Indicator will not produce Buy and Sell Signal alternatively ignoring trend but It follows trend and produce correct Signal only.


For Details Information, go through this article: https://www.mql5.com/en/blogs/post/734212


Advantages

  • Non-Repainting & Trend Following Indicator
  • Clean and easy visualization
  • No alternative BUY-SELL signal ignoring Trend
  • Option to filter noise.
  • Works in all timeframe and pairs.
  • Option for Popup, Send Email, Push notification and Sound alerts.
  • Great indicator for Scalping & Swing Trading
  • %DD, Profit/Loss & account balance information in screen window
  • Perfect for beginners and experienced traders


How To Trade


SWING TRADE

STEP 1: TRADE SETUP

  • Wait for a BUY/SELL signal in H4 time frame.
  • Check the Direction of LWMA (200) – direction of Green line in screen window.

Step 2: STOP LOSS PROTECTION

  • Put STOP LOSS (SL) below of Green dot or below of recent Low for BUY entry.
  • Put STOP LOSS (SL) Above of Light Red Dot or above of recent High for SELL entry.


Step 3: TAKE PROFIT (TP)

  • Option 1: Set Take Profit (TP) 1.5 Times of STOP LOSS (SL) value (TP = 1.5 X SL).
  • Option 2: Set Take Profit (TP) 2 Times 0f STOP LOSS (SL) value (TP = 2 X SL)
  • Option 3: Wait for Reverse Signal. Exit trade when Reverse Signal appears.
  • Option 4: Wait for Price until hits Support-Resistance or Supply-Demand Zone.


SCALPING (5MIN, 15MIN, 30MIN, 1HR CHART)


STEP 1: TRADE SETUP

  • Wait for a BUY/SELL signal in H4 time frame.
  • If the Buy Signal in 5 Min, 15 Min and 30 Min Time Frame is above of LWMA (200) 
  • If the Sell Signal in 5 Min, 15 Min and 30 Min Time Frame is below of LWMA (200)


Step 2: STOP LOSS PROTECTION

  • Put STOP LOSS (SL) below of recent Low for BUY entry.
  • Put STOP LOSS (SL) Above of recent High for SELL entry.


Step 3: TAKE PROFIT (TP)

  • Option 1: Set Take Profit (TP) 1.5 Times of STOP LOSS (SL) value (TP = 1.5 X SL).
  • Option 2: Set Take Profit (TP) 2 Times 0f STOP LOSS (SL) value (TP = 2 X SL)
  • Option 3: Wait for Reverse Signal. Exit trade when Reverse Signal appears.
  • Option 4: Wait for Price until hits Support-Resistance or Supply-Demand Zone.


PARAMETERS TO BE ADJUSTED:


FILTER: 1

This works like MACD or OSMA. If you want to reduce market noise, then you may increase value of following Filters:

  1. FILTER A: Default value 12.
  2. FILTER B: Default value is 26
  3. FILTER C: Default value is 9.


FILTER: 2

This is the most important filter for this Indicator. Default value is 25. For scalping you can set it 36 or 65


Contact me for SET Files if you have already purchased this Indicator

Link: https://www.mql5.com/en/users/depaul

Mehdi SeidAhmadi
137
Mehdi SeidAhmadi 2020.03.18 23:59 
 

Best indicator,

The best product with strong and excellent support, you will be acquainted with buying this new product at Forex,

2bwize
24
2bwize 2020.03.16 21:44 
 

I really like this indicator, I was able to custom the MACD and filter to match what I am trading on my charts and it has been almost 100% spot on!! I am finding that I can custom it on different pairs as well as Index , crypto and gold. I look forward to using this with all of my trading!

Mohamed Sobah
44
Mohamed Sobah 2020.03.13 12:53 
 

Great indicator... works as advertised..

版本 4.3 2020.04.07
Notification modified
版本 3.90 2020.03.11
Filter Value Changed
版本 3.60 2020.03.08
Notification capabilities added