Pips Slayer
- 지표
- Tom Seljakin
- 버전: 7.0
- 업데이트됨: 26 2월 2024
''A professional trader is a greedy trader: he buys at lows and sells at highs with minimal risks and high returns,,
Pips Slayer is developed exactly for such trading approach. It's a universal indicator for tracking reversals and uses price action patterns, discrepancy of custom indicators and a multi-layered formula for identifying reversal structures. The indicator is very easy to use; it only shows arrows where is recommended to buy or sell and recommended take-profit and stop-loss prices. The indicator is universal and suitable for Forex, Stock markets and Cryptocurrencies.
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The indicator has these features that you certainly will like:
- Doesn't repaint. After a signal is given, the indicator doesn't remove it or replace it on another bar.
- Profit is greater than risk. Because of the nature of the strategy, you can take much higher profits with minimal risks.
- Uses accurate reversal patterns. This is a time proven strategy that professional traders have used for years.
- Suitable for Forex, Stocks, Indices and Cryptocurrencies. If a strategy is good then it should work on all markets.
- For the fans of crypto. Crypto offers many trade opportunities in the current emerging markets, and Pips Slayer is a perfect indicator to catch them.
Indicator parameters:
For the most part the inputs only affect the visuals on a chart, only the risk reward input affects the take-profits levels and the minimum strength factor responds to precision of reversal patterns (less the value the more indicator generates weaker trade signals). Everything else is very straightforward.
Important:
- Try not to reduce the risk/reward ratio. A 1:3 risk/reward ratio is optimal.
- If the stop loss is too close to the opening price, then it is recommended to place the stop loss at the high or low of the previous candle.
- The recommended time frame is H1-D1; it also works on smaller time frame for cryptos.
- You can backtest the indicator in the tester.
Check the other EAs and indicators.
to many false signals