Pro4ex trading suite

The PRO4EX TRADING SUITE provide essential information of market condition, money management, price action and trade signals
It is standalone trading suite, but also can be used to enhance your own trading system
Suite consist of:

1. Side Panel
2. Bottom Indicator Window
3. On-Chart trading signals, dynamic buy-sell targets and multiple time frame support resistance lines

Signals can be set to trigger on current candle ,for fast entry on breakouts , or after candle close confirmation .
Possibility to set higher time frame trend signal confirmation.
Option to have only one signal on new trend direction or more reentry signals in same trend direction .

Side Panel is composed of:

1. 4 Multiple time frames trend indicators
2. market bias (range, trend started, trending, exhausting)
3. volatility indicator
4. tick speed (shows how fast price is moving based on ticks)
5. NEW! target distance calculator
6. multiple time frame S/R Breakouts indicate if price is between current support and resistance or is outside range (breakouts) on several time frames
7. money management calculate exact position size based on equity and desired risk
8. broker spread on current pair
9. candle timer
10. warning messages (low volatility, exit position etc)

Bottom indicator is composed of:

1. Trend/Range filter histogram indicator (default gray color indicates range)
2. Current trend histogram indicator (default white color indicates short trends and blue indicates long trends)

On chart:

1. Default gray horizontal line represents support (time frame+S) and resistance (time frame+R), current time frame S/R in red color
2. Right price labels represent targets for breakouts of current range
3. Left price labels (bigger size) represent targets of highest time frame breakouts
4. Arrow signal up/down for open position

(default colors: white = Stop Loss, Yellow = target1, Blue1 = target2, Blue2 =target3)

Dynamic targets and how to use it
Dynamic targets are one of most powerful tools in the suite. In any moment you will be aware of possible point where price will go before it will start to make new range, retraces or reverse.
You can use this advantage to: lock current position (set stop loss to break even) or exit current position and wait for next signal, take a reversal entry position, add a new position in retrace.
Also the left oriented price labels (bigger size) represent target on higher time frames. We can use this to stay in position until price will reach those targets.
The system is highly customizable and can be adjusted to your preferred trading style (trend trading, scalping, swing trading, reversals etc.)

Any way you can post a video showing trades and perimeters?

Maybe in the near future, in the middle time you can also try free demo and see if it helps to better understand price movements.

There is un update to system.
1 On side panel new calculation of target distance from current price value in points.
2 Added new filter for more conservative trading signal will triger only if candle close outside current range.

is this for mt4?

yes it is

Here is example of current market situation: we have breakout of monthly range area big gray box and breakout from daily range ( smaller gray box with red lines) first target is 1.0280 daily target1 and second target is big blue monthly target2 1.02019 if momentum will bi strong price can continue to daily target2
Now when we know situation in higher time frame we can go to lower tf like h1 or m15 and look for precise entries in this direction

Happy New Year traders !
I remind You that discounted price of pro4ex trading suite will finish at the end of the week

We are working on a new dashboard to monitoring desired currency and timeframes with essential data for above system
Dashboard shows: 1.trend (week or strong dual color ), 2. if price is between support or resistance or if there is breakout and 3. How many pips is to target2
Multiple breakouts and sum of signals for particular symbol with alerts.

From next week I will start to post trading deals with screenshot based on pro4ex trading system.

sell on breakout of support line target 1.06149
(target2 from m15- current chart tf is nicely lined up with h1 target1)

After retrace price reached 1.06149 in the middle time new support and resistance has formed and new target is 1.0639 so we can close partial trade and continue with rest to new t11.06040 or t2 1.05898

gold sell t1 1198.2 t2 1195.9

usdchf buy t1 1.01197

Time to exit EU sell, dynamic target recalculated and reached

target1198.2 reached and price immediately turn direction

USDCHF did not reached htf target1 only current tf target1 1.0105 (small yellow price label)

Today targets on EU t1 1.0723 t2 1.07095 , long term target t11.0659 t2 1.06079

Update : H1 range has widen and short term dynamic target have new value t1 1.0707 t2 1.06932 long term target unchanged

Both short term target reached and price continue to drop on long term target1 1.06594

EU Long term target1 1.06712 from Daily range reached , h4 suport formed so now is good time for retrace before and if price will continue to target2 1.06145