Intermarket Indicator for Daytrading Eurusd
- Indicators
- GEORGIOS VERGAKIS
- Version: 2.0
- Updated: 10 January 2025
- Activations: 5
Unbelievable results achieved by the newer, refined settings this year!
These settings on the daily chart help reveal even more reversals, typically we use period setting (2 to 5), so if signal is missed by period 4, it may be visible on period 3, and so on. No fixed period is good all the time. Which is a bit of extra work in charting, but the profitability is enormous.
(Swing trading only!)
Unbelievable results achieved by the newer, refined settings this year!
These settings on the daily chart help reveal even more reversals, typically we use period setting (2 to 5), so if signal is missed by period 4, it may be visible on period 3, and so on. No fixed period is good all the time. Which is a bit of extra work in charting, but the profitability is enormous.
(Swing trading only!)
This is a leading indicator for slow day to day and week to week trading on EURUSD. This allows you to become your own investment banker, as opposed to all kinds of 'high probability indicators' you may have used in the past, which can have long losing streaks. Remember that open losing trade when the market suddenly turned against you? This indicator can help decide whether you should keep that losing trade or not, because as a true leading indicator it looks beyond intraday price momentum!
6 years of developing and refining made this possible, and only by using intermarket analysis, EURUSD's own metrics cannot predict EURUSD.
Please note, always use period seting of 0 (latest week only) on the weekly chart, and period setting of 4 (last 5 days including the running day) on daily chart! Always wait for the week/day to fully come to end, before evaluating the signal, once a signal is solid in place you can trade on it with confidence! - additional period settings, different time frames and proxy trade ideas are provided to users, together with customized versions of this indicator, such as to include email alerts, different visual signals etc.
*please stop sending me messages regarding silly offers, requests to make EAs on this indicator or ask if it works on the 5 minute chart, it doesn't! these signals are on the weekly and daily chart only, and you cannot make any substantial profit on an under $10K account, except if you are a signal provider. Only serious questions, critical, logical etc will be answered. If you have a small account, $1000 or so, then forex is not the way to go, you are better off trying daytrading specific stocks, or stock Options. $1000 accounts work with our indicator, but profitability will be small, it won't even cover the cost of the indicator. You will typically make only $200 to $300 per month, in the first year, which is pointless. Less than 3 people currently use this indicator, on what appears to be 'large accounts' or through some kind of other use such as signal selling / investment consultancy etc.
Reality check after 24 years of trading: forex trading and investing is not for everyone! not even by using this indicator, people, especially young people under 30, tend to trade small accounts at very high leverage, at high frequency, and still manage to blow their accounts! This is not the way to make big profits, ie a signal on the weekly chart is very good, but market reversal may come one day later than expected, if you are alredy overexposed then you may easily lose it all. Our indicator is about large accounts, 10K or more, and slow trading.
about the indicator: it was created over 6 years, using intermarket algorithms. I have been trading the markets since the 2000s, mostly focused on EURUSD, the first decade was unsuccessful, because nothing commercially available ever worked. Only swing trading theory is partially successful and compares slightly to this indicator, though it's lagging the indicator.
Throughout all these years I found that classic indicators don't work, fundamental analysis doesn't work, you will always see 2 investment banks having conflicting fundamental analysis on EURUSD, why is that?
Intermarket analysis is also difficult, but in some cases it gives the solution. The final algorithm did manage to increase a small test account 6 fold, over one year, and never got trapped in the wrong side of a major trend. But it only works on daily and weekly chart, it failed in daytrading.
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Signals are inferred from 6 different currency pairs, to detect turning points on EURUSD! Outperforms classic swing trading theory by several days!
Frequently asked questions:
Why is it so expensive to rent this indicator? This is the price range we can accept, you won't find anything better at any price, moreover to a $100K trader this is a bargain price to pay, compared to the risk they will detect and avoid, and the profits they will be able to make.
If it's so good, why don't you trade on your own, instead of renting it out to other people? This is why rental price is high, rental price of few $100's doesn't mean anything to me, I can make $300 per week even on slopy, inacurate trading using this indicator and my time. No one will ever sell you a serious indicator at a low price, all cheap indicators and EAs are smoke and mirrors.
what is the expected profitability using this indicator? This depends on your money management and risk tolerance, but roughly speaking it's about 500% (6 fold account increase) per year. We know this from the actual tests. It may sound impressive but it's not a life changing figure if one trades even on a 30K account, but it is very good. However the average young trader doesn't have the skills to even follow profitable signals, they tend to panic too easily, or mix the indicator together with their own analysis and sometimes won't trade at all. Or they may use too tight stops, which is also a problem.
What is the recommended stop loss size? We tend to trade similar to swing trading theory, if you are familiar with this theory then you will know that the trend doesn't change just because the market breaches some high or low, only swing highs and lows are relevant, breach of swing points can happen today, and yet the market may trade in opposite direction for few days, in a deceptive way, then it finally goes in the expected direction. So large stops work best, or some kind of multiple trade strategy. That's why we use both weekly and daily signals. Signals are created by the blueline diverging out of range, this pattern leads market action by many hours.
What is your field of expertise? I am an elecronic engineer, most of the time I work on small projects, which have nothing to do with the financial markets. All engineers are familiar with C programing language, and mql4 is a subset of C. Beyond that I find engineering projects are much more exciting.
Actual profitability of this indicator is good enough to be forgiving of mistakes, small adverse moves, it's way better than real estate investing (for amounts between 30K to 100K), while it avoids large adverse moves. As long as the user is not carried away, they will do really well. With that being said, it's better to have the maturity to trade carefully, the average new trader under 30 years old doesn't have this maturity.
Forget what you knew, forget false promises, This indicator has a real edge you won't find elsewhere. It's suitable for hedge fund managers looking to invest in, or trade EURUSD in a safer way, and potentially for day traders* on the one hour chart only. We provide very specific initial trading ideas, then it's up to the user to experiment with anything else.
A rare case of consistently profitable eurusd indicator for week to week trading!
Please note, always use period seting of 0 (latest week only) on the weekly chart, and period setting of 4 (last 5 days including the running day) on daily chart! Always wait for the week/day to fully come to end, before evaluating the signal, once a signal is solid in place you can trade on it with confidence!
Who is it for? Not for the small individual foex trader! This indicator gives few signals and it must therefore be used together with a proper strategy, it is best for signal providers who have lots of followers and can realistically make $20K or $50K per month, such as on the etoro popular investor program or MQL5's signal provision program. And then it's also suitable for well financed individual investors who seek to avoid the medium term wrong side of the market.
For the first time in history, and actual indicator can give accurate signals on EURUSD, all it takes is a correct setting and time frame. But it's not magic! it's only a deep, hidden intermarket pattern.
Important tip on period setting for daily chart - recent signal
Please don't ask us to make EA trading robot or make us different deals at this time, We do indicators only!
For day trading, we set period to 4, and trade on the One-hour chart, some signals are visually registered on the screen, while some other signals only show up for few minutes (blue line divergences), and thus require the attention of the trader, it is possible to provide upgraded version, tailored made to your request, so as to give pop up alerts if a divergence occured while you were not looking at the screen. Different users require different criteria on this.
For use on the Weekly chart, for detecting any big signals, please set 'formula period' input to ZERO. We will provide the strategy and details
on the benefits and limitations.
Before you experiment with anything else, remember the period settings we actually use in our own trading and in the images shown, the period is set to 0 for the weekly chart, and to 4 for daily or smaller charts.
In any case, this is not a magical indicator, that makes profitable trading very easy to do, all it does is keep trading on the safe side by avoiding many adverse moves in the market.
The cool thing is that this indicator takes data from 6 currency pairs, to work out where EURUSD stands relative to those other pairs, and that's why it produces signals that are impossible to find on a naked EURUSD chart. I have been in the markets for 21 years now, and most popular indiators don't work. never did. Only one type of swing trading analysis works on the daily chart, anything else published on books and courses is about Fibonacci and trendlines and patterns, which seem to work because they appear somehow right, no matter what the market does. But have zero predictive power.
Please ask me for detailed information on how to use this indicator (it works on both day trading and longer term analysis by setting different
input number on the Fomula Period variable (Set Formula Periods to 0 for analying the daily trend and look for blue line divergences which are very
strong buy/sell signals, as well as grey line gaps). Set it back to 13 or other number for day trading, always keep Plot periods > Formula periods.
Only two patterns have been verified on this indicator, there are 2 more patterns being tested, and it is also possible to later make it work
so as to perform multi time frame scans, even though the user only deploys it on the 5min chart. This takes a lot of work to do, and it will be
according to users' request, some user may require pop up alerts, while another user may require visual, on chart signals.
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