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Orions Bands Suocera

The indicator is like a mother-in-law, who talks often, talks a lot and often inappropriately.
The indicator, in addition to giving us an entry signal on parameters which I will then list, monitors the trend of the hourly timeframe, OSMA to understand the entry direction, RSI to sense any overbought or oversold conditions from which to abstain, ATR for the volatility and ADX for the trend.
Indicator not recommended for newbies.
Only the human judgment of these parameters, combined with the entry signal, make the indicator truly effective.
It is recommended to use it at suitable times (9.30-11 15.30-17 20-22 GMT+2) on indices and the major Forex exchanges, on a 5-minute timeframe.
Its use is not recommended for neophytes lacking a mature and severe judgment on the signals generated.
The indicator relies on standard deviations on simple moving averages which historically constitute possible key levels to close the order in SL or TP.
The opening rests exclusively on:

  •      (Only for forex) Check the strength of the base currency against other exchange rates
  •      The price is in our favor with respect to the close of the previous candle
  •      the OSMA
The parameters are:

  •      Max Risk in cash : maximum risk in base currency per trade
  •      Compare with... : For Forex only. Compare the changes in the WhatchList or on the whole platform
  •      Wait to close the candle : Generate the signal only at the close of the previous candle
  •      PushNotify : Send signal also in your mobile configured device. Before Configure the device on MT4 in Options->Notifications
  •      Draw medium open price : If you use a hedging strategy, this the medium open price of all orders.

    For the rest, it is up to the trader, thanks to the other indications at the top left, to evaluate the goodness of the signal.
    Based on the risk profile per trade (in base currency), TP, SL and trade volume are suggested.
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    Hispraise Chinedum Abraham
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    Young Ho Seo
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    Abdulkarim Karazon
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    5 (1)
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    5 (1)
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    QUANTUM TRADING SOFTWARE LIMITED
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    PrecisionTradingSystems
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    FREE
    Are you stubborn and don't want to close a disastrous situation in your account? Have your bots made a mess in your account? No problem: Mr. Hedging is there to fix the situation! The expert advisor reads the real drawdown at each tick and, if the set threshold is exceeded, starting from the first loss order in the terminal window, puts it in hedging by opening an order of opposite direction and multiple volume as per assigned parameter. It is also possible to set SL and TP to emulate a
    A simple and automatic method to win in forex, with good liquidity and big balance. This tecnique is based on relaunch Martingale, so if you have small balance, your account is on risk. The EA monitor constantly the free margin,  but this thing isn't always warranty of win. If you have a small balance, I suggest to use an account in cents, Min Trade Volume equals to MINLOT and at least 5 of "max orders". The higher the "max orders" , the higher the odds of winning and the profits, the higher
    This is my trusted friend of trading. So... I musted re-write this in MQL5 to use in brokers where there is only MT5. The indicator is like a mother-in-law, who talks often, talks a lot and often inappropriately. The indicator, in addition to giving us an entry signal on parameters which I will then list, monitors the trend of the hourly timeframe, OSMA to understand the entry direction, RSI to sense any overbought or oversold conditions from which to abstain, ATR for the volatility and ADX
    필터:
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    리뷰 답변
    버전 1.9 2023.12.04
    Fix lot calculation on indexes and others assets.
    버전 1.7 2023.08.25
    Introduced Risk factor P/L of the trade
    버전 1.6 2023.08.02
    Introduced medium open price
    Improved signals.
    버전 1.2 2023.07.14
    Solved bug on short signal.
    버전 1.1 2023.07.14
    Push Notification fixed.
    More configuration.