Gold Venamax MT4
- Indicators
- Sergei Linskii
- Version: 6.25
- Updated: 3 April 2025
- Activations: 5
Gold Venamax - this is a best stock technical indicator. The indicator algorithm analyzes the price movement of an asset and reflects volatility and potential entry zones.
Indicator features:
- This is a super indicator with Magic and two Blocks of trend arrows for comfortable and profitable trading. Red Button for switching blocks is displayed on the chart. Magic is set in the indicator settings, so that you can install the indicator on two charts displaying different Blocks.
- Gold Venamax can be placed on two charts with different arrow buffers (GV and SD). To do this, you need to select different Magic in the settings, for example, one has Magic = 999, another has Magic = 666. Next, you can select the arrow buffer with the red button on the chart.
- Each arrow buffer (GV и SD) in the indicator settings has a separate arrow's filter for comfortable and profitable trading (UseFiltrGV = true; and UseFiltrSD = true;).
- The best signal to enter = follow the signal arrows of both buffers (GV and SD) + direction of all three MA lines (red or blue) + TMA channel border (lower or upper).
- The TMA channel border (lower or upper) can also be used to fix profits and/or for risky trading against the trend with a short SL.
Benefits of the indicator:
- The indicator produces signals with high accuracy.
- The color of MA3 lines is not-repaint. Confirmed arrow signal of SD buffer is non-repaint. Confirmed arrow signal of GV buffer can rebuild when the trend is strong only.
- You can trade on the MetaTrader 4 trading platform of any broker.
- You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices etc.).
- To trade on M30 and H1 timeframe (medium-term trading).
- Individual parameters (color etc.) are available to change in the indicator settings so that each trader can easily customize the indicator for themselves.
- The indicator can be used as an excellent main addition to your trading system, as well as an independent trading system.
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The best BUY signal = Aqua arrow + MA3 blue + price at the lower border of the TMA channel. Also look where MA3 and TMA are directed. If the Aqua arrow appeared when MA3 are red - such a signal is ignored for opening an order. Such a signal can only be used to close an order.
The best SELL signal = Yellow arrow + MA3 red + price at the upper border of the TMA channel. Also look where MA3 and TMA are directed. If the Yellow arrow appeared when MA3 is blue - such a signal is ignored for opening an order. Such a signal can only be used to close an order.
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NOTE: The entry accuracy and profitability of trading depends only on the skill of the trader. Any indicator is only an assistant for the trader, and not a guide to action. The Golden Rule - go to open an order by trend, take your profit and wait until the next best signal.
Version of the Gold Venamax indicator for MetaTrader 5
I wish you all good luck in trading and stable profit!
He said himself. What idiot will put good product for sale? Before I gave 5 star. Now It doesn't deserve. Just typical repaint indicator.