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Objective Trend Trading Demo

This is a trend following indicator that identifies optimal entry points in the direction of a trend with an objective stop loss to manage the trade. The indicator allows you to catch trend early and ride it. The Indicator draws resistance line as it detects an Uptrend and draws support line when it detects a Downtrend on the chart. When those levels are broken, that allows you to identify the Trend Direction and Momentum in the direction of prevailing trend which offers optimal entry points in the direction of a trend.

The indicator does not repaint, effective on all timeframes less than 60 minutes and on SPX500, EURNZD. For the intraday lower time frames, volatility is taken into account to avoid false signals. So despite the price cross above/below resistance/support, the arrow signal may not be generated. Signals can be used for an Expert Advisor using the iCustom function.

The indicator allows you to catch trend early and ride it. If you are an aggressive trader, you may add positions if your previous positions are at breakeven level or profitable. This tool helps you to minimize the losses and offers far greater reward to risk.


Parameters

  • The only parameters you need to set are how you would like to notify signal entry alerts and indicator color to suit your chart background.
  • It allows you to set alerts, send emails and push notifications.

Trading Strategy:

  • Check the screenshots to understand entry/exit rules.

  • In my Opinion the indicator works well in lower time frames and especially provides good signals for day trading in 5 and 15 minutes time frames.

  • If an entry alert triggered with a big spike in the price, it would be better to avoid trade as reward to risk may not be favorable. Also, remember that if a trade entry signal has appeared after a change of direction in trend, then expect wider swings and tighter stop loss will often be taken out. To understand how you can make the most of the Objective Trend Trading Indicator Demo please refer to the video. Download full Version at https://www.mql5.com/en/market/product/24429 to use on all pairs, indices, commodities etc..

This indicator is not:

  • An automated trading system.
  • The trade exits are not displayed as various systems can be implemented
    • i.e. Trailing Stop
    • most recent significant support/resistance to the left of entry point
    • Reward to Risk 1:1 or 2:1 or any combination of it.

All the best in your trading!

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NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
Legacy of Gann
Pavel Zamoshnikov
4.85 (13)
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
All in One Trade
Alexey Minkov
4.48 (27)
The All-in-One Trade Indicator (AOTI) determines daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, AUDUSD, and USDJPY. All other modules work with any trading instruments. The indicator includes various features, such as Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, and others. The AOTI indicator is based on several trading strategies, and created to simplify market analysis. All-in-One
Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.61 (18)
TakePropips Donchian Trend Pro   (MT4) est un outil puissant et efficace qui détecte automatiquement la direction de la tendance à l'aide du canal Donchian et vous fournit des signaux de trading d'entrée et de sortie ! Cet indicateur multifonction comprend un scanner de tendance, des signaux de trading, un panneau statistique, un filtre, des sessions de trading et un tableau de bord de l'historique des alertes. Il est conçu pour vous fournir des signaux de trading et vous faire gagner des heures
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This is a trend following indicator that identifies optimal entry points in the d irection of a trend with an objective stop loss to manage the trade. The indicator allows you to catch trend early and ride it. The Indicator draws resistance line as it detects an Uptrend and draws support line when it detects a D owntrend on the chart. When those levels are broken that allows you to identify the Trend Direction and Momentum in the direction of prevailing trend which offers optimal entry points in
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