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Forecast System Gift

FREE

Published: 16 December 2023

Current version: 1.10

Forecast System Gift

Name: Forecast System Gift
Rating: 5 (1 reviews)
Author: Peter Maggen

Indicators
Peter Maggen
Version: 1.10
Updated: 4 January 2024

--- FREE VERSION - WORKS ONY ON EURUSD
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This is a unique breakout strategy that is used for determination of the next short term trend/move.

The full system is available on MQL5 under the name "Forecast System". Here is the link --> https://www.mql5.com/en/market/product/104166?source=Site

Backtest is not possible, because calculations are done based on the data of all timeframes/periods.

Therefore I propose you use the technology on EURUSD for free.

From time to time I comment the signals on my channel on Telegram App. This is also a free service.

Please join. Link for the channel: https://t.me/yamafinforex

The complete version gives many signals every trading day. You can use it on every pair (not only EURUSD).

When becoming an official user by activaiting the official version for a small yearly fee (50 USD), I give you extra tools on your request.

Please give me private message if you need something... I have hundreds of indicators.

Happy Trading to You!

more...

2531

Elvira Zalalutdinova 2024.01.07 17:22 #

Great indicator. Thank you for the support.

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---- Brand New Strategy. Three Month Rent is $30. ONE YEAR RENT ONLY $50. FREE EURUSD VERSION AVAILABLE UNDER << Forecast System Gift >>. NO NEED FOR BACKTEST! Link to the FREE version --> https://www.mql5.com/en/market/product/110085?source=Site --- This is a simple strategy based on BREAKOUT and FIBONACCI levels. After a breakout, either, the market: - continues the move directly to the 161, 261 and 423 levels, or - retraces to the 50% level (also called a correction) and thereafter continues

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Filter:

2531

Elvira Zalalutdinova 2024.01.07 17:22 #

Great indicator. Thank you for the support.

1142

Reply from developer Peter Maggen 2024.01.07 22:06 #

Thank you Elvira. The channel is there for assisting you. Don't hesitate to join/consult. Happy Trading to You!

Version 1.10 2024.01.04

- Upgraded to multiperiod functionality
- Enhanced user interface
- Corrected a few bugs
Happy Trading to You!

Version 1.9 2023.12.27

1. There was a wrong formula in the uptrend fibo calculations. Corrected that one.
2. Added a feature to display also the breakouts on M1 and M5. You have to enable that one in the settings (default is "false"). This feature is useful for detecting early the reversals in between the target levels.
Happy Trading to You!

Version 1.3 2023.12.18

New version:
- Corrected bug in the alert module
- Added the EMA200 line, which is used for main trend (above the EMA H4 is UPTREND and below the EMA200 H4 is DOWNTREND)
Happy Trading to You!

Version 1.2 2023.12.16

Changed the outlook of the retrace line.
Happy Trading to You.