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53698

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Published:

2012.08.07 13:42

Updated:

2014.04.21 14:55

JJN-Bee.mq4 (9.35 KB) view

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Scalper system. It shows the entry, takeprofit and stoploss levels. Use it on M5 or above.

TakeProfit and StopLoss come from ATR (you can change the period of the ATR).

IMPORTANT! >> There are 2 basic rules:

1. Entering only if the price crosses the entry level (i.e. for example if BUY appears, wait until the price is crosses the entry level upward)

2. Recognizing the trend and sell only in overall downtrend, buy only in overall uptrend

Test it on demo for the first time.

Use PosX and PosY to place the indicator to the desired location.

Methodology differs from JJN-Scalper.

JJN-Bee

JJN-Nugget

This indicator gives BUY and SELL signals and entry level.

JJN-BigTrend

Simple multicurrency trend indicator. You can modify it according to your taste.

JJN-Scalper

Scalper system. It shows the entry, takeprofit and stoploss levels.

PSAR trader v1.1

Trades when the first parabolic sar dot occurs signaling a new trend

JJN-Bee - indicator for MetaTrader 4