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Trend Guess

3

The ”Trend Guess” is a complex software that does not involve the MACD, RSI or moving averages. It adapts itself to current market conditions using complicated algorithms based on price action and out custom indicators. The indicator will gives you trading signals Buy or Sell stop loss levels indicated in the popup alert window and graphically.

You have to do is to press buy or sell button whenever you get a signal


Important Rules

  • Identify a current long term trend.
  • Example – if you trade on a 30m timeframe – go to one timeframe higher ( 1H in this case ) and identify a current global trend.
  • On a 30 min timeframe The Trend Guess will show you smaller intraday trends which are currently inside a global trend ( in this case 1h timeframe trend )
  • Ignore all signals against a global 1h trend!


Example

  • 1H Trend is up – but you get a “sell” signal on your 30 min timeframe ( ignore it!)
  • Wait for a “buy” signal to enter. This is the most important rule #1.
  • **The most important rule 2: do not trade and do not use the indicator on a side trend. This is “MUST follow” rule#2.
  • If you DON’T follow or ignore the rules above – good results are not guaranteed!
  • Stay away from using the signals and open trades on unclear trends.
  • Never use the indicator on a sideway trends!
  • Non of the Forex software work well on a sideway market, this has been proven many times…


Entering Trades

The Trend Guess generates trades when it changes colors. To use the Trend Guess to generate signals:
  • Long trades occur when the Trend Guess changes color from Orange to Blue.
  • Short trades occur when the Trend Guess changes color from Blue to Orange.
Stop Loss
  • Option 1: Place your stop loss according to the popup alert number
  • Option 2 ( for advanced traders): Place your stop loss below the previous low ( bottoms) for long trades. Place your stop loss above the previous high (tops) for short trades.


Important

  • Set stop loss for all your trades and do not deviate from it.
  • Once the trade has touched your stop loss be disciplined and close the trade. This will protect you from major capital losses.


Exiting Trades:

Exit trades when the Trend Guess issues the opposite trading signal. This ensures that you trade with maximum profits and right before the market reverses. Another exit mechanism which is highly effective is to exit near strong support or resistance levels. It is a method that generates exits earlier, so you take profits early.


Time Frames and Pairs

  • 5 min ( not recommended - risky), 15 min, 30 min, 1H
  • All major pairs


Signal Popup Alert Window

All information will be printed in the popup alert:
  • Trend direction: TREND UP or TREND DOWN
  • Buy or Sell signal
  • Entry price
  • Stop loss level
  • Timeframe (on which chart signal received )
  • Pair
  • Sample signals and trades

Recommendations

  • Stay away from using the signals and open trades on unclear trends or side trends.
  • Do not trade near the news releases!


Normal market, great signals

  • No trending ranging market, news releases – stay away from trading:
  • Again: Stay away from using the signals and open trades on unclear trends.
  • Never use the indicator on a sideway trends! Non of the Forex software work well on a sideway market, this has been proven many times


Parameters

  • Period - You can change period ( by default 40) for example to “35” to speed up the indicator and get more entry signals..
  • Precision - You can also change the precision 1…2.5
  • Stop loss - Stop loss by default = 200 for 5 digits brokers ,Change it if you use 4 digit broker to 20 pips

Timeframe 1 HOUR:

Pairs - period - precision

  • gbpusd - 31 - 0.9
  • usdjpy - 38 - 0.9
  • usdchf - 45 - 0.8
  • audusd - 39 - 0.9
  • usdchf - 38 - 1.1
  • eurchf - 40 - 0.9
  • eurgbp - 50 - 0.9
  • eurjpy - 40 - 1.5
  • gbpchf - 40 - 0.9
  • gbpjpy - 40 - 1.0
Avis 2
Janos Kormendi
2999
Janos Kormendi 2017.06.01 05:41 
 

Useful indicator and the author is very helpful too.

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Indicateurs
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Indicateurs
Cet indicateur détectera des motifs harmoniques dessinés sur le graphique par des méthodes manuelles et automatiques. Vous pouvez consulter le manuel d'utilisateur à partir de ce lien: Ajoutez votre avis et contactez-nous pour l'obtenir. Il existe une version gratuite pour essayer ce produit sur MT4. Vous pouvez l'utiliser pour détecter les motifs Gartley et Nenstar: https://www.mql5.com/en/market/product/30181 Vous pouvez acheter la version complète de MT4 à partir de: https://www.mql5.com/en/m
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Indicateurs
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Indicateurs
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Indicateurs
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Indicateurs
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Indicateurs
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5 (1)
Indicateurs
Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Features Super Adapti
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Indicateurs
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Indicateurs
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The I Return Signal indicator is a product designed for signal trading. This indicator works by using a number of factors such as a set of indicators, recent history data, bar combinations, price movements, custom filtering system and various algorithms. It uses all of these factors at the same time and generates turn signals. The signals are generated by calculating from the highest possible points of the signal. This indicator is easy to use and understandable. Thanks to the warning features,
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Signal MACD
Harun Celik
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The Signal MACD product is an indicator that works with the standard MACD indicator. This indicator is designed to do signal trading using the objective MACD indicator and a set of algorithms. This indicator can be used both as an oscillator and as a signal producing product. So you can use this indicator in two goal. When the indicator finds a signal, it shows arrow marks on the oscillator. These arrows allow investors to trade. Trade Rules "Buy" action when you see a green arrow and receive
Advanced Awesome
Harun Celik
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Advanced awesome indicator is a modified and advanced version of the standard awesome oscillator. With this indicator you can now make adjustments that you can not do on the awesome indicator. You can change and edit this indicator to suit your strategy. You can easily use it to recognize large and small trends. Features The period can be set to define larger and smaller trends with the fast and period slow feature. You can change the input mode with the price mode. You can use Simple, Exponen
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Naser
1243
Naser 2020.10.02 21:51 
 

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Janos Kormendi
2999
Janos Kormendi 2017.06.01 05:41 
 

Useful indicator and the author is very helpful too.

Répondre à l'avis
Version 2.0 2018.08.30
"Signal Popup Alert Window

All information will be printed in the popup alert:
Trend direction: TREND UP or TREND DOWN
Buy or Sell signal
Entry price
Stop loss level
Timeframe (on which chart signal received )
Pair
Sample signals and trades"

Extract the above section from the overview section.
I'll add the following line to the parameter section.

Alerts - warnings on and off are set here.