How to determine a trend reversal without indicators: working and effective tools. Reversal indicators - choosing the best market reversal indicator The best reversal indicator for a long period

Trend following is an exercise in observing and reacting to each current moment (c)

Many people associate big earnings, especially in the Forex market, with “swindling”, when a person thinks that he will definitely be deceived and in the end he will also lose money rather than gain it. This opinion is shared by those who do not know how to make money on the foreign exchange market and do not even want to understand the essence of trading.

Ignorance is what drives people to be critical, aggressive, and skeptic about the Forex market. However, there are many examples of successful people who have made money in trading.

Why determine trend strength?

The strength of a trend must be determined in order to understand the degree of duration and stability of the trend.

Everything is extremely simple: the greater the strength of the trend, the longer it will last, therefore, it will be more difficult to reverse it.

Holding a position along a strong trend gives excellent profit. We can also say that the depth of the price rollback (correction) depends on the strength of the trend. The stronger the trend, the smaller the rollback and, accordingly, the smaller the strength of the trend, the larger the price correction.

The strength of a trend depends on the sequence of development: when the price is steadily rising/falling, it is a strong trend. Thus, the stronger the trend, the greater the profit on your trade.

How to determine the strength of a trend?

To determine the strength of a trend, you can follow 4 main methods that have proven themselves well among traders:

using the slope of the trend line.
using support and resistance lines;
using the ADX indicator;
using the iVAR indicator.

Determining trend strength using the slope of the trend line

With a stable, strong trend, the price moves along the trend line, the angle of which is approximately 45 degrees, i.e. movement along the diagonal.

Schedule 1

To determine the strength of a trend by its slope, follow these rules:

Draw a trend line based on the 2nd or 3rd minimums in an uptrend, and on the highs in a downward trend; for this, use the standard MT4 tool "trend line by angle."
If the line slope is approximately 45%: the trend is stable and strong.
Watch how the price moves relative to the trend line.
If the price moves parallel to the trend line: the trend is strong and stable.

Chart 1 shows an example for a downward trend.

Determining trend strength using support/resistance levels

To determine the strength of an uptrend

Draw resistance lines (you can build them yourself or using the “Levels” indicator).
If the price approached the resistance level, then rolled back, and then rose again and broke through the resistance level - the trend is strong. The price will continue to rise.
If after 2-3 attempts the price was unable to break through the resistance level, the trend is weak.

To determine the strength of a downtrend using resistance lines you need to:

Draw support lines (you can build them yourself or using the “Levels” indicator).
If the price approached the support level, then rolled back, and then fell again and broke through the support level - the trend is strong. The price will decrease.
If after 2-3 attempts the price has not broken through the support level - the trend is weak.

When the price breaks the support/resistance level– the current trend is strengthening, becoming stronger.
When price bounces from support/resistance level– the current trend is weakening and there is a high probability of a price reversal.

Determining trend strength using the ADX indicator

The ADX indicator is an excellent tool with which you can determine the strength of a trend.

The indicator has 3 lines, the colors of which you can change:

Green dotted line +Di: Shows the strength of the uptrend.
Brown dotted line –Di: Shows the strength of the downtrend.
Red solid line: Shows the strength of the trend without regard to direction.

To determine the strength of a trend using ADX, follow these rules:

Look at the red line of the ADX indicator.
The higher the line, the stronger the trend, which will soon end.
If it is below level 20: flat market.
If it is above level 20: A trend begins.
If it is above level 40-50: high probability of price rollback.
If 3 lines are intertwined below level 20: a strong trend is approaching.

!Important to remember that the ADX indicator does not indicate the direction of the trend, it only shows its strength.

Determining trend strength using the iVAR indicator

This indicator allows you to quickly assess the strength of a trend. It is very simple and understandable in its parameters and use: a broken line is formed under the price chart, which “spins” near the 0.5 level.

To determine the strength of a trend using IVAR, follow these rules:

1. If the indicator line is below 0.5– this is a strong trend. A too low indicator indicates the end of a trend or the beginning of a correction.

2. If the indicator line is above 0.5– this is a flat, sideways movement, trading is not recommended. A too high indicator indicates the beginning of a trend.

3. If the indicator line is in the 0.5 zone– this is uncertainty, flat, trading is not recommended.

The IVAR indicator should be used in trading in combination with other indicators or added to your own trading strategy.

What else will help determine the strength of a trend?

We have determined the direction and strength of the trend, and if the trend is strong, you need to find a specific entry point. You can determine it using the 2nd Elder screen. And you will learn how to do this as efficiently as possible from the course “Forex Without Risk”.

Determining Trend Strength– this is just one of the initial stages that helps to find entry points. To find truly profitable points, it is worth doing a “triple check”. To do this, you can use the “Elder's Three Screens” strategy, which allows you to analyze the market on 3 timeframes - daily (D1), four-hour (H4) and hourly (H1) - in order to get the maximum profit on the transaction. This strategy is the basis of the “Forex without Risk” course.

You decide for yourself which strategy to follow when trading on the foreign exchange market. However, the special course “Forex without Risk” will help you:

determine the trend;
identify entry points;
build resistance and support levels;
find profitable patterns on the chart;
manage capital and risks.

The best indicator of the effectiveness of the course is the statement from our students:

Trend reversal indicators are one of the main auxiliary tools for traders working with binary options. Today, for binary options, a large number of indicators without redrawing have been developed and used.

These trend reversal indicators for mt4 may have differences depending on the current market situation and the duration of the options, but it is impossible to completely refuse the signals they produce.

Why is it profitable to use algorithms such as trend reversal indicators on binary options?

As you know, in most cases for binary options, . In other words, the trader initially determines the main vector of price movement on senior time charts and only then looks for signals on.

It is for this reason that you may have a question: “Why use trend reversal indicators for binary options and find turning points, if all the famous binary experts use exclusively a trend approach in their strategies?”

Let's give a few arguments that will help you understand why it is beneficial to use trend reversal indicators for binary options, and without redrawing.

The first thing to note is that any market trend has an origin and outcome, so you still have to choose some signs and criteria that will help you reliably determine whose power dominates the market (buyers/sellers).

Second– almost any author of a classic textbook on options trading in mt4 gives examples based on history, and when the time comes for practical trading, most of these trading strategies begin to generate signals with a delay, that is, just before trend reversals, which leads to natural losses .

Well, the third argument– a trend rarely changes direction “smoothly”; on the contrary, it most often breaks with a “crack” and it is precisely at these moments that a powerful reversal impulse appears, using which you can make a good profit.

And the simplest and most effective way to recognize turning points in a trend is, of course, to use technical analysis tricks, and these are what we will tell you about.

Trend reversal indicator – MACD, used for binary options in the MT4 terminal

Trend reversal indicators are algorithms that provide signals to change the direction of an existing trend and assist in making appropriate decisions about market entry opposite to the existing movement. For this type of trading, it is important to use indicators without or with minimal redrawing, since it often happens that the assumption of a change in trend direction turns out to be imaginary and the trend continues to move in the same direction. For these purposes, it is recommended to use additional filters to clearly identify our turning points.

One of the main counter-trend indicators is, of course, MACD, since its signal line clearly crosses the baseline, which is a powerful signal that in the very near future the trend will reverse in the opposite direction.

For binary options in mt4, the MACD indicator is very convenient to use. For example, MACD is used on the minute timeframe for the USD/CAD pair.

The chart shows the purchase points of the “Down” and “Up” options depending on the indicator signal. As you can see, when the histogram moves from the “0” mark to the negative zone, you should buy the “Down” option, and vice versa, when the indicator histogram moves from the zero mark to the positive zone, buy the “Up” option.

Let us immediately note that the levels of the indicator histogram, which look like hills with slopes and peaks, indicate a state of volatility. When the market approaches the trough (inverted hill - oversold zone) or the top of the hill (overbought zone), this means that the quote will soon reverse. As you understand, you should not buy options near the tops of the hills and troughs of the MACD, since in such zones the trend fades and may reverse.

Spearman indicator. Practice of trading on trend reversals in binary options

You can find classic trend reversal indicators in , but we want to introduce you to such a non-standard indicator for binary options as the Spearman analyst’s rank correlation oscillator.

Looking at the chart, at first glance you might think that the Spearman trend reversal indicator is the same stochastic, but this is not so. Thanks to some formula features built into the Spearman oscillator, it is often capable of generating reversal, leading signals:

For the most effective trading using the Spearman trend indicator, it is recommended to adhere to the following:

both trend reversals and binary options themselves must be analyzed on time intervals longer than one minute (five minutes and older);
options " Higher» buy after the main line of the indicator, indicated in the example in red, touches the lower range boundary and crosses its average value from bottom to top;
options " Below» acquired in the opposite situation;

It is best if the distance between the signal lines exceeds 5 points. This is necessary to avoid the situation presented in the graph below.

As you can see, there is a false signal here. If the market arrives in the same state, then you should not buy binary options at a trend reversal, but you can no longer trade in the previous direction.

Working with trend reversals using the Aroon indicator for binary options

When considering trend reversal indicators, without redrawing for binary options, we cannot fail to mention the one used in mt4. This algorithm makes it possible to predict not only the trend direction and price changes, but also its strength.

In other words, Aroon is able to determine the moment when a trend fades and predict its subsequent change or continuation of development in the same direction.

Visually, the indicator looks like two lines – “AroonUp” (red) and “AroonDown” (blue). The first indicates the number of periods since the daily high occurred, and the second indicates the number of periods relative to the low.

The indicator lines are measured within the border from 0 to 100. At the same time, Aroon has 4 important levels - “0”, “3o”, “7o” and “100” and is based on the following signals:

the intersection of AroonDown and AroonUp from bottom to top means a bullish signal;
the intersection of AroonDown and AroonUp from top to bottom gives a bearish signal;
the parallel direction of both lines indicates consolidation.

Trading using this indicator is quite simple. When Aroon is below the “+50” mark, the market is moving upward, and you can safely purchase the “Higher” option; if the indicator crosses the zero line and begins to approach the “-50” mark, then buy the “Below” option.

As you can see, trend reversal indicators in technical analysis play a fairly important role. If you learn to use them correctly, positive results will come immediately.

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Trend reversal indicators. MT4 strategy without redrawing

9 Useful Forex Indicators for Finding Trend Reversals

Do you have your favorite strategy for finding trend reversals?

A trend reversal is equally important both when entering the market and when exiting it. And if you are able to identify the best reversals, the most powerful, then this will clearly be the path to great success.

On the contrary, if you misinterpret market movements, it can cause serious problems. It's something like one step forward - two steps back. For trend traders, the power of a multi-vector approach is very real. Using a variety of tools, you can find reliable trend reversals with confirmation.

So the big question here is: what are the best tools to find trend reversals?

I think if you have been trading for some time, you already have some general experience in terms of how to find market reversals. For example, you can rely on a moving average. Here you can read several similar articles on this topic:

But you don't want to stop there. Therefore, I offer some more thoughts on this matter:

Evaluate the signal strength of the various instruments you use in your analysis

Taking into account the above, below I will consider 9 useful tools, combining which you can find better trend reversals.

Price Action Tools

Price action is very important. This is a solid foundation for any trading strategy.

1. Support points

In order to analyze a chart efficiently, we need simple, practical and useful tools. This is exactly what we get using fulcrums.

What are fulcrum points applicable to our problem? Open any chart and you will see that the price does not move in a straight line. It moves in waves. The starting and ending points of these waves are the fulcrum.

So, there are many ways to determine a change in trend direction. But at the same time, it is better to focus on one thing so as not to drown in many options.

Once you find such support points on the chart, then successive higher highs indicate a bullish trend. And consecutive lows one after another mean a bearish trend.

The example shown above shows that market reversals may not always be so obvious. But over time, you will gain enough experience and be able to use price pivots to find potential reversals in the market.

2. Trend lines

Trend lines play an important role in identifying potential trend reversals in the market. The trend line tracks the trend itself.

The basic signal signaling a trend reversal is a breakout of the trend line.

But false reversals can often be observed in the market, and this phenomenon is quite common. Therefore, the key to understanding a reversal is the size of the trend line.

On a chart, trend lines can be drawn by connecting the support points described above. But this is one of the ways, of which there are many.

As a rule, traders always learn to build trend lines on historical data. And so it seems that ideal trend lines are very easy to find.

But this is only at first glance and you can fall into a trap. Therefore, it is necessary to develop a reliable method for constructing trend lines that would not fail. Once you do this, you will be able to plot trend lines online.

The trend line in the example below

Combining pivot points with trend lines is a great technique.

Technical indicators

Price action tools are certainly useful, but forex technical indicators can also help in finding a trend reversal. Technical indicators are also very good for tracking a large number of instruments. You can easily make clear criteria for finding potential reversals.

4. Moving average

Trend traders can find trend reversals using an intermediate long-term moving average. My favorite way to use a moving average is to watch the direction it is moving.

The power of moving averages is that you can use some of them to track trend changes. But if you use too many moving averages, this can become a disadvantage.

If you are just starting out and don't know where to start, try a 50 period moving average. To track short trends, you can use a 20 period moving average.

5. Donchian channel

The Donchian Channel is rightfully considered a powerful tool for tracking trends.

In fact, the Donchian channel is based on price action. But it is not a typical indicator with a formula that is difficult to understand. Everything is quite simple here.

The Donchian channel consists of two lines. Top and bottom lines. This is the highest and lowest price achieved in the past. This means that the price range is determined based on historical data. You can read how the Donchian channel indicator is used in practice.

Let's see how the Donchian channel works:

6. Moving averageMACD

When a trend strengthens, two moving averages with different periods will diverge. When the strength of the trend declines, the two moving averages will converge.

In general, you can read more detailed information about MACD here:

Using MACD is necessary for detection on a chart. Divergence is a powerful signal for a market reversal. This happens when the price and oscillator contradict each other.

Technically, divergence can be determined on a chart using two points. But if you use three reference points, as in the example above, you can significantly improve the signal quality.

Volume tools

Volume is an important confirmation tool.

But since they are not directly related to price action, they often provide early signals that may not be reliable enough.

On the other hand, if used correctly, they can provide an excellent opportunity to enter the market before others.

7. On balance volume - balance volume indicator (OBV)

The key takeaway from the balance volume indicator is that you should ignore its values and simply focus on the direction the indicator is moving.

If the price and OBV indicator are rising, then the bullish trend is quite strong. But when OBV starts to fall, it may be a danger signal, as there may be a trend reversal in the future.

I like to work with OBV using long period MA readings. The moving average will help determine the OBV trend, which is as important as the market trend.

The example below shows the slope of an OBV move (green background is up and red is down).

Concept and application of reversal indicators

Trend reversal indicators are very often used by Forex traders to make a forecast about the likely direction of price movement for a specific currency pair. Trend reversal indicator is a Forex indicator that shows a possible change in the price of an asset on Forex, as well as moments of a reversal (change) of a trend that exists.

Determining a change in the trend direction of a currency pair can be very difficult, since the indicators do not have a clearly defined shape on the chart, which means that each market player interprets their values in their own way (subjectively).

Therefore, along with the use of trend reversal indicators, it is recommended to use other technical analysis tools (for example: trend reversal and continuation patterns) to check the correctness of the forecast.

In this way, you can get rid of false signals and increase the efficiency of the trading process, receiving significantly more profit.

What is “redrawing”

Before directly moving on to working with trend reversal indicators, it is necessary to answer the question: what is “redrawing”? This point is very important for a trader. Redrawing is when a candle on the chart is completely formed, and after a candle or two, and sometimes more, the indicator simply redraws its values.

Such false (incorrect) indicator readings not only differ from the real “behavior” of the chart, but can simply confuse the trader himself. This fact negatively affects the trader’s trading decisions.

Indicators without redrawing clearly and clearly show the situation taking place in the market, and the currency exchange player has no questions about making the right decision to enter a position. Linear instruments are not exactly redrawn; they are used in conjunction with indicators. You can check the indicator for redrawing on a minute chart by observing the readings for half an hour.

Indicators that determine trend reversals in Forex

There are a lot of trend reversal indicators on Forex: “Momentum”, “Forex X Code”, “Trend Striker Extreme”, “Auto Trend Forecaster”, “Forex Glaz” and others. The listed tools do not have redrawing.

The “Momentum” indicator is one of the most popular. A signal for a price trend reversal is when the indicator line crosses the 100 level.

Momentum indicator

The next indicator is “Forex X Code”. This tool is non-standard, however, it works very well. On the chart, the Forex X Code indicator consists of two curves of blue and red colors. Blue symbolizes a trend reversal upward, red - downward. It's very simple.

Before you start working with Forex X Code, the indicator must be configured. The optimal settings are shown in the figure:

Finally, let’s look at another tool – the “Trend Striker Extreme” indicator. Essentially, this is a histogram constructed by continuation from each trend candle. The appearance of blue bars indicates the beginning of an uptrend, while red bars indicate a downtrend.

The downside of “Trend Striker Extreme” is its appearance, which does not allow you to add one or more oscillators to the chart.

Conclusion

There are no exact trend reversal indicators; there are only approximate indicators of these points. The disadvantage of the above indicators is the impossibility of working in a flat (when the market is at rest). Also, professional traders advise not to completely trust one auxiliary instrument, but to insure yourself with signals from several more oscillators, and it is better to conduct a comprehensive technical analysis of Forex.

Source: "tradexperts.ru"

What is a Forex indicator

This is a mathematically calculated transformation of the price and volume of a financial instrument, together or separately, which is capable of predicting further price changes.

A technical indicator allows a trader to make the right decision regarding the timely entry and exit of the market, as well as which position is more appropriate to open in order to make a profit in the Forex market.

There are a huge number of Forex indicators, but in essence many of them duplicate each other, having only minor differences.

By functionality, indicators are divided into:

Trend indicators
Oscillators
Psychological indicators

Trend indicators

Trend-following indicators allow you to highlight the current price trend, which is the main object of study in technical analysis.

Most of the trend indicators are based on averaging and smoothing the price series using moving averages.

Technical Forex indicators of this group provide signals about a trend reversal, and also confirm or refute the sustainability of the current trend, but they cannot be used to predict small price fluctuations in the near future.

Examples of trend indicators (standard indicators in the MetaTrader terminal):

Moving Average (MA)
MACD (MACD – Moving Average Convergence-Divergence)- ADX (ADX – Average Directional Movement Index)
Bollinger Bands – Bollinger Bands
Parabolic SAR, etc.

Oscillators

Oscillators are the easiest and most common type of technical Forex indicators. They are leading indicators, meaning they predict price behavior in the near term, which distinguishes them from trend indicators, which only provide lagging signals.

Examples of oscillators (standard indicators in the MetaTrader terminal):

Stochastic Oscillator
Williams' Percent Range
RSI (Relative Strength Index), etc.

Oscillators are effective in the following cases:

in the absence of a clearly expressed trend, that is, during periods of consolidation, when price movements occur in a horizontal corridor (flat)
to the moment of slowdown or trend reversal: in this case, oscillators leave extreme zones, giving a signal about the end of this trend
when stagnation is replaced by a new price trend (oscillators reach extreme values)

Conclusion: oscillators give signals about the beginning, slowdown or reversal of a trend. In a strong trend, a negative oscillator analysis result is also good information confirming the trend.

As a rule, if during a strong trend the oscillator shows the same direction, and the price does not move in the direction indicated by the oscillator, then the stronger the upward (downward) trend will be in the future.

When a trend changes direction, the oscillator can be both the most misleading and the first signal of a trend change, so you need to be most careful when analyzing oscillators at the end of the trend's life cycle.

Psychological indicators

Psychological indicators determine the mood of market participants (for example, knowing the mood of the “players”, one can predict the further movement of the Forex market).

Indicators from different groups can often contradict each other. For example: trend indicators may be rising (giving a buy signal) while oscillators indicate overbought conditions and giving a sell signal. Conversely, trend indicators may be falling (giving a sell signal), but oscillators may indicate oversold conditions and give a buy signal.

It's very easy to engage in wishful thinking and fall into the trap of choosing the signal you like best. Each trader needs to create his own trading system that takes into account the readings of all indicators and resolves their conflicts. Indicators for Forex can be built either in a separate window or can be plotted on a price chart in the MetaTrader trading terminal.

Source: "forexratings.ru"

Why is it important to choose a trend reversal indicator without redrawing?

The absence of redrawing is an important and useful property of any indicator. The readings provided by the indicators are obtained as a result of mathematical calculations. As a rule, in order to analyze the market and possibly predict its future behavior, it is necessary to take into account data on its behavior in previous periods.

If in its calculation algorithms the indicator uses, for example, 10 previous candles of the price chart, then immediately after the release of the next new price, the indicator readings may change, since the period under study has changed.

In this regard, when choosing such an indicator, you may find yourself in an awkward situation when, after the release of a new candle, the readings have changed, but the order has already been opened, and, as it turns out, incorrectly. In this case, you may receive losses. Based on the above, we conclude that it is better to use accurate reversal indicators that work without redrawing.

It is also important to choose an indicator that will work without lag.

A situation in which the indicator shows its new calculations late, without warning about it, may turn out to be unprofitable. Imagine that you are away from your computer, come back and see that another candle has closed and the indicator is showing a buy signal. You open a trade, and after that the indicator readings are updated, since it works with a delay.

According to his new testimony, the previously submitted signal is no longer relevant, and the transaction becomes unprofitable. Therefore, you should choose trend reversal indicators not only without redrawing, but also without delay. Of course, no indicator will work perfectly. This conclusion can be drawn by analyzing the method of receiving signals.

These are nothing more than mathematical calculations that cannot predict the behavior of people and the market as a whole with 100% accuracy. However, for comfortable work you don’t need an indicator with error-free signals. It will be enough that the useful signals exceed the unprofitable ones.

In order to be consistently in the black, you need to manage your funds correctly. Skillful management of your own capital will allow you to easily stay in the black and earn money. It is important to select the order size in such a way that in case of losses you can easily cover them. Another important rule for entering a trade is the strength of the received signal.

It is necessary to calculate how much money you can get if the signal is triggered, and how much you can lose if it is wrong. This profit to loss ratio should be at least 2-3 times larger. The higher it is, the better. This will allow one profitable trade to cover several unprofitable ones. Following these simple rules will help you not to be afraid to work, but to do it with pleasure and without unnecessary expenditure of nerves and effort.

Source: "fxbook.su"

Reversal indicators for financial markets

A trend reversal in Forex is usually called chaotic jumps and price changes, which are viewed using special indicators. In this case, a trend reversal indicator is used, which allows you to determine the type of movement and price pattern.

It is safe to say that the reversal indicator is a kind of basis for determining actions in a given situation. Most trend reversal indicators are oscillators that determine trading volume, price value and other input data.

Using such indicators, you can determine the point after which the price changes dramatically. It is this data that is the starting point for entering and exiting the market. The trend reversal indicator without redrawing for financial markets is easy to use. You can easily install this indicator and immediately after launch you will receive all the necessary information on the indicators you have defined.

The reversal indicator allows you to obtain all the necessary data and clearly represents the current situation on the Forex market. This type of indicator is efficient and easy to use. It will be useful for experienced traders who actively play on the stock exchange, as well as for beginners who are trying to make money on dramatic price changes. There is no difficulty in using a specific trend reversal identifier.

If necessary, you can find instructions on the Internet for using a specific terminal or watch video reviews of the indicator you have chosen.

All this will allow you to easily learn how to work with the identifier terminal, which in turn will ensure the receipt of high-quality and accurate information about the market. There are numerous fairly accurate indicators that give one hundred percent (well, almost 100%) forecasts of price behavior on the market. Based on the data obtained, you can easily make buying or selling decisions.

Certain types of trend reversal indicators take into account time and show trend changes in real time. We recommend using professional indicators that provide 100% accurate and correct information.

Friends, I generally do not recommend using all possible indicators. They dull the trader and prevent him from further development. Everything described above was so that you understand how almost all sites on the subject of financial markets encourage the use of indicators.

If you correctly determine the trend, then there is no longer a need to use various filters for price behavior. Try and study, see where and when the price turns. Price ranges and the work of major players in the financial markets will help you have stability. Don't repeat the mistakes of hundreds of thousands of traders. Be one step ahead and most importantly, think only with your own head.

Source: "pricerange.ru"

Forex indicators for MetaTrader 4 (MT4)

Indicators without redrawing are a special type of technical indicators for trading on the foreign exchange market. It is generally accepted that indicators without redrawing are more accurate and efficient, unlike most other indicators.

It often happens that, for example, a arrow indicator changes a previously given signal to enter the market, adjusting it to a new market situation, that is, redraws it, thereby giving a false signal.

By using the first, incorrect signal, the trader receives a loss. Indicators without redrawing, due to special analytical algorithms, are free from this drawback and provide unchanged signals to enter the market. This also allows you to evaluate their effectiveness on history without distortion.

Signal indicator for binary options PLATINUM

The signal indicator for binary options PLATINUM, according to the authors, has no analogues and has a profitability, with standard settings, of the order of 80-90%. A signal in the form of arrows of the corresponding color appears on one candle and is not redrawn.

Latest FOREX X CODE trend indicator with entry signals

Here is the newest trend indicator Forex X Code, promising 150-300 points of profit daily. Is it hard to imagine? Yes, perhaps... However, this is exactly the statement made by the distributors of this indicator. In fact, the Forex X Code indicator has all the positive and negative properties of any similar indicator: it shows a price reversal well, but behaves difficultly in a flat.

Its advantage is the fact that the indicator does not redraw, and this, of course, is worthy of praise, taking into account fairly accurate signals for the beginning of a new trend. We find it difficult to say how true the profit figures stated with the Forex X Code indicator are, but it will not only work for the job, but will definitely perfectly replace the trend filter you are using.

We recommend watching it on GBPJPY on the 15-minute timeframe - that is where it signals best. You should definitely limit yourself from transactions at the moment when the indicator draws a horizontal line. You can also work on your exit so as not to lose profits. Additionally, it is worth mentioning that the Forex X Code indicator has a clear, convenient graphical indicator of the current trend, as well as a sound signal when trends change.

Binary options arrow indicator KILLBINARYSIGNALS-2

The KillBinarySignals-2 Forex indicator is an arrow-type indicator, it is universal and can be used for binary options trading, as well as intraday trading of any assets available in the MetaTrader 4 trading platform. According to the developers, the binary options indicator killbinarysignals-2 gives very accurate signals to enter the market in the form of colored arrows on the first candle.

The developers also claim that the problem with redrawing signals, which was present in the first version of the indicator, has been successfully resolved. The KillBinarySignals-2 binary options indicator must be checked for redrawing. When using the indicator as a source of trading signals, it is necessary to introduce additional filters.

Indicator for binary options PZ BINARY OPTIONS

Mathematical approach to making a profit. The indicator analyzes patterns of price movement and, using a clear mathematical approach, allows you to make the right decisions in the binary options market. The indicator for binary options PZ Binary Options is easy to use, does not redraw, and allows you to trade Call and Put options with almost any expiration date.

The indicator for binary options PZ Binary Options uses moving average readings for a specific period, based on which the probabilistic Call/Put ratio is calculated, displayed near each candle and in the upper right corner of the chart.

In the basement part of the indicator for binary options PZ Binary Options there is a histogram that is similar in functionality to the MACD indicator, but additionally has two levels, the overcoming of which is regarded as a signal to buy the corresponding binary option.

According to experts, the indicator for binary options PZ Binary Options can be used quite effectively in trading strategies for binary options, such as the strategy for short-term binary options.

Also, the indicator for binary options PZ Binary Options can act as a filter for arrow and signal indicators. An additional advantage of the PZ Binary Options indicator is the ability to use it for trading options with any expiration date.

Forex Oscillator LELEDC-SSRC

Forex indicator Leledc-Ssrc has long earned the attention and interest of traders around the world. Its main task is to track market dynamics, indicate trends and flats.

Its initial version, the Ssrc oscillator, was used in various trading strategies. But almost always the problematic side of it was that it redrawn the data when new data arrived. Here is the Leledc-SsrcForce oscillator, which does not redraw. It also continues to indicate trend and flat. Gives a signal to sell and buy at the intersection, but does not change its opinion after the candle closes.

Analyzing the work of the Leledc-Ssrc Force Final No Repaint forex indicator, experts noticed that in general it is quite late in identifying signals and does not process trend movements well. Therefore, before use, we recommend choosing anti-aliasing parameters for your vehicle and pair, having first tested it on a demo.

Signal indicator KANAL HANDELS SIGNAL

The Kanal Handels Signal indicator is a modification of the popular Forex indicator Super Signals Channel. According to the author, the redrawing of signals characteristic of the original has been eliminated in the Kanal Handels Signal indicator. Kanal Handels Signal needs to be tested and used with other Forex indicators that filter its signals.

Forex signal indicator SUPER POINT SIGNAL

The Super Point Signal indicator for currencies and binary options, according to the author, is focused on binary options trading, however, it can be successfully used in regular Forex trading. Designates potential price reversal points that are not redrawn with dots of the corresponding color.

Additionally, the Super Point Signal indicator implements the display of a text message about the occurrence of a signal and sending the signal by e-mail. The operating principle of the indicator is unknown. When trading Forex, we recommend using its signals exclusively in the direction of the trend.

Forex indicator AUTO TREND FORECASTER

Forex indicator Auto Trend Forecaster opens in a new window and displays the current market trend: colored blue it shows an upward trend and the need to buy, red - a downward trend and a signal to sell. The indicator can be used on any pair and timeframe, depending on your needs. The indicator does not redraw and for ease of use it has a sound signal warning of a trend change.

Experts recommend choosing more active pairs and using a filter during the European and American sessions, because Auto Trend Forecaster will not be as effective on a flat. Additionally, we recommend using, in conjunction with an indicator, some kind of oscillator that is familiar to you in order to avoid trading in a sideways market, and an indicator or strategy that shows a clear exit from the position in order not to miss out on profits.

As another strategy option, you can combine several trend indicators in one connection with the Auto Trend Forecaster forex indicator and work when receiving all three signals in the same direction.

Arrow Forex indicator PZ SWINGTRADING

This is an indicator designed for swing trading, which is built on cycles of price fluctuations over a period of one week. Forex indicator PZ_SwingTrading operates with several price vectors, tracks trend directions and finds phases of oversold and overbought, as well as readiness for corrective impulses.

Indicator features:

The colored bars on the graph represent the main opportunity line;
Arrows of the corresponding color and direction mark the points of reversal swings;
The dotted lines indicate likely reversal swings.
Customizable trend and swing periods.
The PZ_SwingTrading indicator implements a notification system about the appearance of a particular signal.
The indicator excludes redrawing of signals.

Experts note that the lifetime of positions in swing trading is from one to four days, with the obligatory closing of the position on Friday. This style of trading is not very suitable for novice traders, however, if the rules are followed, it brings a stable income. According to most traders, the Forex arrow indicator PZ_SwingTrading is considered the best indicator of 2015 for swing trading.

Forex trend indicator SUPER TREND PROFIT

85-90% profitable trading signals. The Super Trend Profit Forex trend indicator is similar to the standard Moving Average indicator. It represents a line on the chart of a currency pair that changes depending on the direction of the price. In addition to the direction of the line, it changes color at turning points, thereby giving a signal to enter the market.

At the points where the color changes, the indicator also gives a sound signal and the inscription SELL or BUY appears on the chart. In addition, in the indicator settings it is possible to set the desired stop loss and take profit levels in points. Super Trend Profit provides signals without redrawing, and their accuracy is 85-90%. Unfortunately, the indicator is presented in closed code, so it is quite difficult to talk about the principle on which it is built.

Forex divergence indicator AWESOME OSCILLATOR DIVERGENCE with entry signals

It is a modification of the standard Awesome Oscillator indicator, which uses a complex mathematical algorithm. In addition to the information provided by the original indicator, Awesome Oscillator Divergence displays price divergences and indicator histograms with blue lines.

Based on divergences, the Awesome Oscillator Divergence indicator gives signals to enter the market in the form of up and down arrows. According to the author, arrows are drawn only on closed bars and are not redrawn.

Awesome Oscillator Divergence will be an excellent replacement for a standard instrument, however, to enter the market based on indicator signals, it is necessary to introduce additional filters.

Arrow Forex indicator ZIGZAG LARSEN OUT & ALERTS

This is a modification of the popular Larsen ZigZag indicator, in which redrawing of signals and their delay are eliminated. At price reversal points, the ZigZag Larsen out & alerts indicator draws arrows of the corresponding color and direction.

Additionally, the indicator has built-in sound and text alerts, as well as sending a message by e-mail. Please note that on the zero bar the indicator signal may still disappear, but on the first bar it will clearly appear without redrawing.

To eliminate price noise that causes a large number of signals, it will be very effective to use the ZigZag Larsen out & alerts arrow indicator on Renko charts.

Forex indicator WILDHOG NRP + DIVERGENCE

As the name implies, it is designed to identify and determine divergences on the price chart of a currency pair. Forex divergence indicator Wildhog nrp + divergence recognizes bullish and bearish divergences, displays them on the chart, and can also display a signal window with a message about the detection of divergence, notify with a sound signal and send a message by email.

In addition to identifying forex divergences, the Wildhog nrp + divergence indicator operates with overbought and oversold levels, and also indicates recommendations for entering the market with arrows. According to experts, the Wildhog nrp + divergence forex divergence indicator can be used in trading only in combination with filtering indicators in order to avoid false entries into the market.

Arrow Forex indicator BRAINTREND2SIG

Gives signals to enter the market using the readings of the ATR and Stochastic indicators. Signals to enter the market are displayed in the form of arrows of the corresponding color and direction, and are also duplicated by a sound alert.

Despite statements that the signals of the BrainTrend2Sig forex arrow indicator are not redrawn, they should be treated with a certain degree of caution, as well as the signals of any arrow indicator.

Arrow Forex indicator STOP REVERSAL BLUESTOPS + ALERTS MOD

This is a signal indicator that displays market entry points and stop loss order levels on the price chart. Position opening levels are displayed as arrows of the corresponding color. Stop reversal bluestops + alerts mod indicator signals are not redrawn. A signal to close a position is the appearance of an arrow in the opposite direction.

Setting the stop loss level is possible both at a given distance and based on the calculation of the volatility level. The indicator duplicates graphic signals with sound, text message and sending by e-mail. The Forex arrow indicator Stop reversal bluestops + alerts mod should be used on pairs with high volatility and only in trend trading, since in a flat it will give false signals.

Forex Oscillator KWAN ZIGZAG BETA

Based on calculations with RSI, Stochastic and Momentum indicators. At its core, it traditionally indicates the overbought and oversold levels set by the trader, and also colors the indicator in different colors, showing the upward and downward trend of the market.

The signal for the Kwan ZigZag BETA indicator can be either a change in the color of the line or its exit from the established levels. You can also combine both versions of these signals.

Forex signal indicator SIDUS-5

This is a arrow indicator based on the Sidus method, widely known to currency traders. The Sidus method involves the use of two sets of moving averages, which create unique channels.

The essence of the Sidus method is that the most profitable positions are opened at the moment of intersection of these channels.

In the Sidus-5 Forex signal indicator, these intersections are not displayed on the price chart, but are indicated by arrows of the corresponding color and direction, which, according to the indicator developers, are not redrawn. The Sidus-5 signal indicator gives the most accurate entry signals on the GBP/USD, EUR/USD and EUR/GBP currency pairs, on the H1 timeframe.

For convenience, the Sidus-5 Forex signal indicator, when an arrow appears, provides a sound signal and a text message in a separate window. The Sidious method is positioned as a profitable trading strategy that does not require additional filters.

An example of the practical application of the Sidus indicator in the Forex trading strategy FMFX Trading System

Trend Forex trading strategy FMFX Trading System uses standard Forex indicators and their modifications, therefore it is easily optimized and has clear rules for entering the market.

Input parameters:

Currency pairs: any
Timeframe: M15 – H4
Trading hours: around the clock
Type of strategy: trend, indicator

Forex trading strategy FMFX Trading System is installed in the standard way. If you did everything correctly, then your terminal desktop should look something like this:

Forex trading strategy template FMFX Trading System

Indicators used

The FMFX Trading System trading strategy includes three indicators, one is responsible for determining the entry point, the rest are filters:

Sidus v3 indicator – displayed as two lines of yellow and red. The indicator is based on two standard moving averages and the RSI indicator. A buy arrow appears if the slow moving average crosses the fast moving one from bottom to top + the RSI indicator should be above level 50.

A sell arrow appears when the slow moving average crosses from top to bottom of the fast moving average + the RSI indicator below level 50.

In this indicator you can optimize moving average parameters, as well as the RSI indicator.
Parabolic SAR is a standard indicator of the MetaTrader 4 platform. It is displayed as green dots above and below the price. In the strategy it functions as a filter.
Force Index is a well-known indicator in trading circles, created by the famous trader Alexander Elder. The indicator is an oscillator that measures the strength of a trend.

Buy signals

To enter a purchase, a number of conditions must be met:

The yellow line of the Sidus indicator (fast moving average) crosses the red line (slow moving average) from bottom to top.
The Sidus indicator draws a blue upward arrow.
The Parabolic SAR indicator point is located below the price.
The Force Index indicator line is above level 0 (indicated by a blue line).

Example of a purchase entry

Sell signals

To enter a sale, a number of conditions must be met:

The yellow line of the Sidus indicator (fast moving average) crosses the red line (slow moving average) from top to bottom.
The Sidus indicator draws a yellow downward arrow.
The Parabolic SAR indicator point is above the price.
The Force Index indicator line is below level 0 (indicated by a gray line).

Sale entry example

Setting a stop loss

In the trading strategy for the forex trading strategy FMFX Trading System, the stop loss is placed in the classical way: at local minimums and maximums, support and resistance levels. In the strategy, there is an alternative stop loss placement at the parabolic point - above the candle at which we enter the position.

Example of setting a stop loss

Exit from position

At a given take profit (the ratio of profit to loss must be at least 1 to 1). According to the opposite signal (sometimes the opposite signal can take away all your profit).
According to the Force Index indicator. If you have opened a buy position, the signal to exit the position is the crossing of the zero line from top to bottom, or vice versa.
You can also close a position at expected levels (for example, Fibonacci grid levels, Murray levels, etc.).

Money management. Conclusions

Proper adherence to money management is the key to your success. The percentage of risk per position should not exceed 2% of the deposit.

The FMFX Trading System forex trading strategy actually consists of classic indicators or their modifications, so it is very pleasing to be able to optimize all parameters, which allows you to adjust the strategy to real trading conditions. All indicators are harmoniously selected, complementing each other. The FMFX Trading System trading strategy is quite simple, so both beginners and pros can handle it. Follow the trend, gentlemen.