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Euro Session Indicator

The EuroSession indicator combines filtering by a modified MACD and a trend based indicator.

It is an indicator that tries to capture the early market move of the European session.

This would mean that pending orders have to be placed way ahead of this move.

BUY Pending orders (Buystop) should be placed if:

  • Trend-Bias shows 'UP'
  • MACD Bias shows 'Relatively UP'

SELL Pending orders (Sellstop) should be placed if:

  • Trend-Bias shows 'DOWN'
  • MACD Bias shows 'Relatively DOWN'

The currency pairs are:

  • EURUSD, EURJPY, EURNZD, EURAUD, EURCHF,EURCAD, GBPUSD, GBPJPY, GBPNZD, GBPAUD, GBPCHF, GBPCAD
  • Timeframe is 30 minutes
  • Timeline
    • 6am (London Time): Attach indicator on charts and place all pending orders.
    • 10am (London Time): Close all pending orders that are yet to be triggered.
    • 10pm (London Time): Close all trades.
  • Steps to using EuroSession Indicator
    • Attach the indicator on the Recommended currency.
    • At 6am (London Time), place your pending order trades.
    • By 10am (London Time) close all trades and pending orders left.


Parameters

  • Takeprofit: 40
  • Risk: 2%
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VTrende Pro MT4 - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro  MT4 is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-
Automatic, live & interactive picture of all trendlines. Assign push, email and sound alerts to the lines of your choice and be informed about price rollback, breakout, rollback after breakout, number of rollbacks, line expiration by double breakout. Correct, drag or delete the lines and interactively tune the line system. https://youtu.be/EJUo9pYiHFA . Chart examples https: //www.mql5.com/en/users/efficientforex Price Interaction Events All events are effective immediately and only after on
The indicator displays the probable ( Support and resistance ) levels. The indicator draws horizontal and trend levels of support and resistance. The indicator settings: Trends - the mode for displaying trend lines or horizontal lines of support and resistance Yes - display trend lines only No - display horizontal lines only UseResource - use the resources built into the indicator. Yes - use the ZigZag indicator from the resources of the product. No - use a custom ZigZag indicator. HistoryBar -
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