Sharing my Trendsingal V2.0 indicator | Forex Factory

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Attachments: Sharing my Trendsingal V2.0 indicator
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Sharing my Trendsingal V2.0 indicator

  • #1
  • First Post: Edited Oct 5, 2013 11:55pm Oct 4, 2013 11:00pm | Edited Oct 5, 2013 11:55pm
Very simple and power indicator showing buy / sell arrows direction for trading currencies & commodities.

Follow on 1H & 4H single single 50+ pips for sure.

Appreciation and suggestion most welcome.

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.with.alert.png.jpg Size: 245 KB

Attached File(s)
File Type: mq4 Trendsignal version 2 indicator.mq4   5 KB | 21,138 downloads | Uploaded Oct 5, 2013 11:55pm
  • #2
  • Oct 5, 2013 7:15am Oct 5, 2013 7:15am
thanx....will try this out!
  • #3
  • Oct 5, 2013 7:25am Oct 5, 2013 7:25am
will try this would u mind to tell the pairs as well does it work for gold silver and crude oil as well or not.

thanks
MRMALIK1
  • #4
  • Oct 5, 2013 8:04am Oct 5, 2013 8:04am
Quoting pankajbhaban
Very simple and power indicator showing buy / sell arrows direction for trading currencies & commodities. Follow on 1H & 4H single single 50+ pips for sure. Appreciation and suggestion most welcome. {image} {file}
Where to download and how i can install tese to my mt4??
  • #5
  • Oct 5, 2013 8:38am Oct 5, 2013 8:38am
Quoting umair55
{quote} Where to download and how i can install tese to my mt4??

You can download from here itself just below picture there's link
or click here to download externally http://www.trendsignal.co.in/#!download-free-indicator/cyuu

You need to copy and paste the file into Indicator folder of your mt4 as follows

Crogram FilesMetaTrader - Your Brokerexpertsindicators

Restart your mt4 go to navigator >> custom indicator >> right click on Trendsignal v2.0 indicator >> attach to chart.
  • #6
  • Oct 5, 2013 8:47am Oct 5, 2013 8:47am
Here's a latest picture of indicator on daily chart awesome pips collection.
Attached Image (click to enlarge)
Click to Enlarge Name: trendsignal v2.0.png Size: 53 KB
  • #7
  • Oct 5, 2013 9:13am Oct 5, 2013 9:13am
Quoting pankajbhaban
Here's a latest picture of indicator on daily chart awesome pips collection. {image}
thanks alot bro i will chck these as market open hope it will help me to earn more
  • #8
  • Oct 5, 2013 9:18am Oct 5, 2013 9:18am
I just hope its not repainting . But thanks for sharing anyway.
  • #9
  • Oct 5, 2013 9:21am Oct 5, 2013 9:21am
Quoting pankajbhaban
Here's a latest picture of indicator on daily chart awesome pips collection. {image}
hi, your indicator looks good but no so great as seen on this picture, you must consider the entry and exit points
I see at least 3 losses and 1 breakeven on the graph
Attached Image (click to enlarge)
Click to Enlarge Name: trendsignal v2.0.png Size: 46 KB
  • #10
  • Oct 5, 2013 9:22am Oct 5, 2013 9:22am
WOW, we have a crystal ball now. Let's roll.
Follow me to the Promised Land
  • #11
  • Oct 5, 2013 9:27am Oct 5, 2013 9:27am
when appears the arrow, if the candle is finished??
  • #12
  • Oct 5, 2013 9:52am Oct 5, 2013 9:52am
Repaints. Same code as ForexTrend, SilverTrend, Goldminer.
Well apart from the header/copyright/link and some added lines of code for alerts.
  • #13
  • Oct 5, 2013 8:57pm Oct 5, 2013 8:57pm
Ha Ha ...more repainting .. love it. They ought to ban all repainting indicators but how would these charlitans make any money!
  • #14
  • Oct 5, 2013 9:40pm Oct 5, 2013 9:40pm
In market on MT4 there are only 2 types of indicator possible.

1. Repainting BUT Non-Lagging ------ Trendsignal all version follows this.

2. Non-Repainting BUT lagging ------ Eg. Pure ZigZag indicator.

Both in sense are same the repainting indicators signals if delayed gets converted to non-repainting.

For Real trading only 1st type of indicator works i.e Repainting BUT Non-lagging.

For repainting indicator enter and exits on confirmations i.e as soon as candle is completed.
  • #15
  • Oct 5, 2013 11:13pm Oct 5, 2013 11:13pm
Repainting indicators lag more than any others.
Some of them will wait 8 or 10 bars to finally decide where to paint themselves.
  • #16
  • Oct 5, 2013 11:45pm Oct 5, 2013 11:45pm
My indicator you can check on live market repaints only on current candle once candle ends and signal confirmed it never repaints.
  • #17
  • Oct 6, 2013 12:23am Oct 6, 2013 12:23am
Quoting furt
{quote} hi, your indicator looks good but no so great as seen on this picture, you must consider the entry and exit points I see at least 3 losses and 1 breakeven on the graph {image}
Thats right Furt, and then recheck the winners and see how much those values change.

jt
"Even if you fall down face first, you still went forward."
  • #18
  • Oct 6, 2013 3:02am Oct 6, 2013 3:02am
It´s an account killer indicator and I hope this thread won´t develop into "lets add some more indicators to filter it somehow" thread.
(Would be very entertaining, but I´m too busy to enjoy the circus.)
F_ck your analysis, I know exactly where the market will go. To the right.
  • #19
  • Oct 6, 2013 3:18am Oct 6, 2013 3:18am
This indicator is not an original one but is exactly the same as Goldminer1 and SilverTrendSignal that have been in use for years. I do not remember the thread in FF that used one of these indicators. But I remember that I monitored it for a while and it really did not repaint. Still, I did not find a good way to use it for trading. Maybe just for visual confirmation with some system.
Attached File(s)
File Type: ex4 goldminer1.ex4   6 KB | 6,473 downloads
File Type: mq4 SilverTrend_Signal.mq4   3 KB | 7,010 downloads
  • #20
  • Edited 7:07am Oct 6, 2013 6:51am | Edited 7:07am
Quoting pankajbhaban
My indicator you can check on live market repaints only on current candle once candle ends and signal confirmed it never repaints.

If this is the case, then the candle DOES NOT repaint. I have seen alot of traders prematurely junk indicators without waiting for the candle to close. Best to check it this coming week in live market, just to make sure.
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