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  • Commenti (8)
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First Signal Pro

4

First Signal Pro is a simple yet powerful tool that helps find the first pullback after the trend change. Entering into a trader on first pullback has low risk and provides higher risk:reward ratio. This is by-far one of the best trading strategies known in the market and used by many successful traders and fund managers. You can also customize this indicator and enable "All Signals" to trade the ranging market. This shows that First Signal Pro works in trending as well as non-trending markets. First Signal Pro is not just an indicator, but a trading strategy itself. Following this strategy with discipline can be highly rewarding.

Check out how powerful this indicator is! [Video below]

If you wish to receive email updates, you can subscribe here.

Why use First Signal Pro?

  • Simple and easy to use.
  • Great for novice traders as well as experienced traders.
  • Low risk entries.
  • Good risk:reward ratio
  • Doesn't repaints.
  • Works in both trending and non trending markets.
  • No additional Indicator is needed except discipline.
  • Any additional indicator or EA created based on First Signal Pro will be provided for FREE.
  • Commitment to provide lifelong updates and supports to all owners of First Signal Pro.
  • Popup Alerts, Push Notification and Email alerts.
  • Can be integrated in Expert Advisors.

How to use First Signal Pro?

If you are a visual learner,you can skip reading content below and watch the video demonstration.

First Signal Pro is very straightforward to use. The trend is calculated based on Moving Averages.  The arrows are calculated based on Oscillators.

Here is the list of currently supported Averages :
  • SMA (Simple Moving Average)
  • EMA(Exponential Moving Average)
  • SMMA (Smoothed Moving Average)
  • LWMA (Linear-weighted Moving Average)


Here is the list of currently supported Oscillators.

  • RSI  (Relative Strength Index)
  • Stochastic
  • CCI ( Commodity Channel Index)
  • RVI (Relative Vigor Index)

*More different types of Averages and Oscillators will be added over time.

You can choose to decide to display the trend in the form of "Candles","Lines", "Cloud" or their combinations, "Candles & Lines" or "Clouds & Candles". In trending market, buy when the up arrow appears, sell when the down arrow appears. The stop-loss can be your recent low (when buying) or recent high (when selling).

In Non-trending Market, you might need to adjust and test your parameters for the oscillator you will use for arrows. Set "ShowArrowsOn" to "All Signals" to display all arrows. Buy when you see an up arrow, Sell when you see a down arrow. The stop-loss can be your recent low (when buying) or recent high (when selling).  You can also disable the visualization of the trend by setting "trendDisplay" to "None" in input options. Trading non-trending market is much riskier. The market can be very volatile. Its best to avoid trading in such market conditions.

If you have done your fundamental research well, and wish to accumulate the securities or currency on each dip or trade only in one direction. You can set  "ShowArrowsOn" to "Trend Based Signals" and buy when signal appears.

Do avoid trading during news events as markets can move heavy in any direction regardless of what technical indicators say!


To know learn more about indicator parameters, please visit here : https://www.mql5.com/en/blogs/post/738759

Thank you. Please contact me if you have any doubts or need support.
Recensioni 6
Issara Seeboonrueang
7494
Issara Seeboonrueang 2020.09.14 04:21 
 

It's a good strategy Make my trading system better and also have good service.

Aravind Kolanupaka
8935
Aravind Kolanupaka 2020.08.26 15:41 
 

Very good. I prefer to have scanner for oppurtunities across all pairs and timeframes rather than EA. Thank you.

Jake huang
31
Jake huang 2020.08.12 15:56 
 

Already earned 2x of what I invested in this indicator in first 3 hours!

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The Bars Deflection trend indicator can be used with any trading pair and on any time frame. With this indicator it is impossible to miss the beginning of a trend. Use Bars Deflection as a standalone strategy or as an addition to yours. Signal arrows appear on the chart at the moment the bar opens and are located at the breakout level of the reverse movement. Thus, the arrows not only indicate the possible direction of movement of the quote, but also act as levels for analyzing the placement of
Pipsurfer
Clinton Keenan Obinna Butler
Overview: With so much noise and distraction in the markets I wanted to create clarity for traders to have a simple, efficient, and fun trading experience. This is why I created Pipsurfer. Pipsurfer is an trend following indicator that visually shows you important Institutional Smart Money levels in the market and helps you to trace Market Structure in the markets. Most traders find it difficult to visually see trading elements such as trend, structure and momentum which are key for understandin
The indicator is designed to work on any trading platform. The program is based on proprietary algorithms and W.D.Ganna's mathematics, allowing you to calculate target levels of price movement based on three points with the highest degree of certainty. It is a great tool for stock trading. The indicator has three buttons: NEW - call up a triangle for calculation. DEL - delete the selected triangle. DELS - completely remove all constructions. The probability of achieving the goals is more than 80
ON Trade Optuma Astro
Abdullah Alrai
5 (4)
Presentazione dell'Indicatore Astronomico per MT4: Il tuo compagno di trading celeste definitivo Sei pronto a elevare la tua esperienza di trading a livelli celesti? Non cercare oltre, il nostro rivoluzionario Indicatore Astronomico per MT4 è qui. Questo strumento innovativo va oltre gli indicatori di trading tradizionali, sfruttando algoritmi complessi per offrirti intuizioni astronomiche senza pari e calcoli di precisione. Un universo di informazioni a portata di mano: Ammira un pannello compl
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ROBERT EDWARD BIRD
2282
ROBERT EDWARD BIRD 2023.01.19 04:57 
 

absolute rubbish

HIRALKUMARI SANTOSHKUMAR VALAND
389
Risposta dello sviluppatore HIRALKUMARI SANTOSHKUMAR VALAND 2023.01.23 04:24
Hello, What problems are you facing? I'd love to help you in using this indicator. Most of my customers are happy with the performance and are profitable.
Issara Seeboonrueang
7494
Issara Seeboonrueang 2020.09.14 04:21 
 

It's a good strategy Make my trading system better and also have good service.

Aravind Kolanupaka
8935
Aravind Kolanupaka 2020.08.26 15:41 
 

Very good. I prefer to have scanner for oppurtunities across all pairs and timeframes rather than EA. Thank you.

aric joseph
25
aric joseph 2020.08.16 09:06 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Amit Goyal
15880
Amit Goyal 2020.08.14 23:39 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Jake huang
31
Jake huang 2020.08.12 15:56 
 

Already earned 2x of what I invested in this indicator in first 3 hours!

Rispondi alla recensione
Versione 1.3 2020.08.12
-parameters changed
Versione 1.1 2020.08.12
-Critical bug fixed.