Hi,This is Chico.Several days ago I posted pip collector indicator,as the nature of the indicator,the signals may disappear and repaint slightly,so some friends may have little confusion in using it. As a kind of compensation,I'm offering another interesting indicator today.
I remember the official price is $59 and the website claimed which can make 50 pips every day! Because of it was outdated,I bought it from a resell website at the price of $3 as one of my collections.
First I will post the official manual and then post some fresh screenshots with some red arrows which point out false signals.(safe style)
Very Easy Instructions...
First off you will need to install the MT4 platform, you can use the one included in your
download or you can download from your favorite broker offering MT4
1) Save the PW_TREND.ex4 file into C:\ProgramFiles\Metatrader\experts\indicators folder
2) Close your MetaTrader application (assuming it's currently open)
3) Launch your MetaTrader application
4) Under the "View" tab, click the "Navigator" link
5) On the left hand side, look for the "Navigator" window and choose the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Double click it and then click "OK" or Drag (Click and drag) the indicator onto the chart and click "OK"
8) Make sure your charts or set to 1 Hour or 15M Timeframe
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Entry and Exit Style #1 Safe
Here we have the most simple and to the point instructions possible:
1 - For long trades you will simply wait for trend line to cross the 16.5 break line
2 - After crossing 16.5 you will wait for the current 1 Hour candle to close then enter
3 - When trend line reaches the top 31 line close your open trade
1 - For Short trades you will simply wait for trend line to cross the 14.5 break line
2 - After crossing 14.5 you will wait for the current 1 Hour candle to close then enter
3 - When trend line reaches the bottom 0.00 line close your open trade
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Entry And Exit Style #2 Risky
Only traders willing to take an extra risk should trade style #2:
1 - For long trades you will simply wait for trend line to cross the 4 break line
2 - After crossing 4 you will wait for the current 1 Hour candle to close then enter
3 - When trend line reaches the top 31 line close your open trade
1 - For Short trades you will simply wait for trend line to cross the 27 break line
2 - After crossing 27 you will wait for the current 1 Hour candle to close then enter
3 - When trend line reaches the bottom 0.00 line close your open trade
-----------------------------------------------------------------------------------------------------------
I remember the official price is $59 and the website claimed which can make 50 pips every day! Because of it was outdated,I bought it from a resell website at the price of $3 as one of my collections.
First I will post the official manual and then post some fresh screenshots with some red arrows which point out false signals.(safe style)
Very Easy Instructions...
First off you will need to install the MT4 platform, you can use the one included in your
download or you can download from your favorite broker offering MT4
1) Save the PW_TREND.ex4 file into C:\ProgramFiles\Metatrader\experts\indicators folder
2) Close your MetaTrader application (assuming it's currently open)
3) Launch your MetaTrader application
4) Under the "View" tab, click the "Navigator" link
5) On the left hand side, look for the "Navigator" window and choose the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Double click it and then click "OK" or Drag (Click and drag) the indicator onto the chart and click "OK"
8) Make sure your charts or set to 1 Hour or 15M Timeframe
--------------------------------------------------------------------------------------------------
Entry and Exit Style #1 Safe
Here we have the most simple and to the point instructions possible:
1 - For long trades you will simply wait for trend line to cross the 16.5 break line
2 - After crossing 16.5 you will wait for the current 1 Hour candle to close then enter
3 - When trend line reaches the top 31 line close your open trade
1 - For Short trades you will simply wait for trend line to cross the 14.5 break line
2 - After crossing 14.5 you will wait for the current 1 Hour candle to close then enter
3 - When trend line reaches the bottom 0.00 line close your open trade
-----------------------------------------------------------------------------------------------------------
Entry And Exit Style #2 Risky
Only traders willing to take an extra risk should trade style #2:
1 - For long trades you will simply wait for trend line to cross the 4 break line
2 - After crossing 4 you will wait for the current 1 Hour candle to close then enter
3 - When trend line reaches the top 31 line close your open trade
1 - For Short trades you will simply wait for trend line to cross the 27 break line
2 - After crossing 27 you will wait for the current 1 Hour candle to close then enter
3 - When trend line reaches the bottom 0.00 line close your open trade
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