Bollinger Bands or Bollinger Bands (BB) is a channel indicator that has a serious drawback. It
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Most indicators are used to search for signals to enter the market, a preliminary analysis of h
this split out strategy to trade with this trend, filtering and all the necessary functions built into a single tool!
The intelligent algorithm of the Trend pro index correctly finds the
trend, filters out market noise and generates input signals and output
amounts.
New features with advanced statistical calculation principles enhance the overall functionality of this indicator.
To maximize the potential of Trend Pro, read the complete description. www.mql5.com/en/blogs/post/713938
Test the demo model and research all the features of the indicator. This is a superb tool to add at the trader’s Arsenal.
To maximize the potential of Trend Pro, read the complete description. www.mql5.com/en/blogs/post/713938
Test the demo model and research all the features of the indicator. This is a superb tool to add at the trader’s Arsenal.
- Simple, visual and effective trend detection.
- Ability to filter and improve trading strategies.
- Improved calculation of statistics on entry points, take profit and exit signals.
- Indicator never repaint, not recounts and do not completes the signals.
- Signal delivery is strictly at the ” closing of the bar”
- Works on all symbols and timeframes.
- It has the functions of pop-up notification, email notification, push notification and sound alerts.
- Suitable for developing expert advisors.
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No complicated rules, just follow three simple steps!
Step 1: set up trading
- Log in to the signal if the statistical success rate is higher than 65% (Statistics Success Rate > 65%)
- Exit a buy trade when a new sell signal appears.
- Exit a sell trade when a new buy signal appears.
- Option 1: Take profit at TP1.
- Option 2: Partial profit fixing at TP1, closing the remaining position at TP2.
- Option 3: Take profit on the opposite signal or work in the trend until the reversal.
- TP1 Hit – when at least the TP1 level is reached.
- EXIT Win – when closing on the opposite signal with a positive profit.
- Exit Loss – when closing on the opposite signal with a negative result.
- Percentage of signals that match the winning conditions.
- It is used to find the best trend pairs and timeframes.
- Period – the number of bars used to calculate the trend
- Period from 2 to 5 for determining inputs (Entry Indicator)
- Period from 6 to 15 for filtering transactions (Filter Indicator)
- Target Factor-multiplier for calculating take profit levels
- The higher the value, the higher the closing profit will be, but the success rate will decrease.
- Reducing the value will reduce the fixed profit, but will increase the percentage of successful trades.
- Maximum History Bars – the maximum number of bars to calculate.
- Display Parameters – display of objects on the chart.
- Graphics Parameters – appearance and colors of objects on the chart.
- Dashboard Parameters-display and color of statistical data on the chart.
- Alert Parameters – notification parameters.
- Period from 2 to 5 for determining inputs (Entry Indicator)
- Period from 6 to 15 for filtering transactions (Filter Indicator)
- The higher the value, the higher the closing profit will be, but the success rate will decrease.
- Reducing the value will reduce the fixed profit, but will increase the percentage of successful trades.
Key Features of Algorithmic Trading Software
15 January 2018
30 October 2020
3.1
Trading strategy
Trading functions
TimeFrame
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