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All traders including me will for sure like to ride the trend, of course you often heard that the trend is your friend right? Yes the trend is always a trader’s friend but on the right time because the same trend can also be against you and for sure you will regret riding it at the first place.
100 percent non-repaint trend monster
This indicator is trend monster because of it capability of keeping you or making you stay longer with the trend, this indicator will make you built a confidence on how you can face or ride a trend even if you are a complete beginner.
This indicator finds price turnarounds in a zig-zag fashion, utilizing only price action analysis and a donchian channel. It has been particularly created for short-term trading, without repainting or back painting at all. It is a fantastic tool for wise traders intending to increase the timing of their operations.
1. Amazingly easy to trade
2. It provides worth on every timeframe
3. It supplies ideal SL and TP levels
4. It implements self-analysis statistics
5. It carries out email/sound/visual notifies.
Based on breakouts and blockage zones of variable lengths, the indicator uses just cost action to select trades and reacts to what the market is doing really quickly.
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The potential profit of previous signals is displayed
1. The indicator analyzes its own quality and efficiency
2. Losing breakouts are highlighted and represented
3. The indicator is non-back painting and non-repainting
4. This indicator will assist intraday traders not to miss a single price reversal.
Not all price turnarounds are produced equal nor have the same actionable quality. Choosing which breakouts to trade and which to neglect depends on the great judgement of the trader.
How to interpret the stats
The indicator studies the quality of its own signals and plots the relative details on the chart. Every trade is examined and the total historical outcomes displayed at the top-left corner of the chart.
Which permits you to enhance the indicator criteria by yourself, for any provided instrument and timeframe. Each instrument and timeframe will have its own optimal settings, which you can find on your own.
Optimum Favorable Excursion: The MFE is the best possible outcome for any given trade.
Maximum Negative Adventure: The MAE is the worst possible outcome for any offered trade.
Average Absolute Expectancy: The AAE is the absolute adventure you can expect for any offered trade, gotten by deducting the MAE from the MFE, which shows the true quality of the entry technique.
Simply put, the entry method is measured by the relationship between the typical finest possible result and the average worst possible outcome for all the trades showed.
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Losing Trades: Looking at the losing sell the chart will help you to prevent losing patterns in the future. The indicator displays the very best possible result and the worst possible outcome for every single trade using two dotted lines and 2 price labels.
And account every among them into the stats you can find at the top-left corner of the chart. You can use those statistics to optimize the indicator parameters by yourself, for any offered instrument and timeframe.
Variety: The variety is the minimum quantity of bars broken to consider a breakout legitimate and draw a signal. As you decrease in timeframes, you require to increase this criterion.
For instance, to trade monthly charts a variety of five is great, but to trade H1 charts you would require a variety of at least 20-25 bars.
Filter: The function of the filter is to separate alternative signals from each other, utilizing a donchian channel and a multiplier of the cost range it develops.
A greater filter will reduce the amount of signals in the chart however, in average, increase the optimum beneficial excursion.
Max History Bars: The quantity of past bars to assess when the indicator loads. Decline this worth to speed up loading of the indicator.
Control panel: Enable or disable the multi-timeframe dashboard widget.
Data: Enable or disable the data widget.
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Use the stats to discover the very best parameters for each symbol and timeframe. Incrementally change the input specifications of the indicator till you discover the greater accuracy and span possible.
Display boxes: Display or conceal the colored boxes around the breakout rate variety. Fill boxes: Select wether the inside of the breakout box is filled with color. Trade Analysis: Make it possible for or disable the specific trade analysis in the chart.
Alerts: Enable display/email/push/ sound notifies for breakouts. Deciding which breakouts to trade and which to overlook depends on the excellent judgement of the trader.
The indicator research studies the quality of its own signals and plots the relative information on the chart. Every trade is evaluated and the total historic outcomes showed at the top-left corner of the chart, which allows you to enhance the indicator criteria by yourself, for any provided instrument and timeframe.
To trade month-to-month charts a range of 5 is good, but to trade H1 charts you would require a variety of at least 20-25 bars. Incrementally change the input parameters of the indicator up until you find the greater accuracy and expectancy possible.
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Are you searching for a genuine indicator that can point you towards non-repaint trends? Well, look no further than 100% Non-Repaint Trend Monster! This tool is designed to help you spot the most promising non-repaint trends with ease.
If you’re in the market for a tool that can make this process easier, then don’t hesitate any longer. Bottom line is that if you are looking for non-repaint indicator then this is right place where you will find most accurate information and up to date Non-Repaint Trend Monster that will help you to catch cruse of market.
You will find that repaint method is used in it which defeats the whole purpose of finding continuous non-repaint trends.
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Hi my name is Joseph Benson, I have been trading forex for more than 13 years now and I am still trading actively. Learn how to trade easily by following my blog