Technical Indicators for MetaTrader 5

AW Trend Predictor MT5

aw-trend-predictor-mt5-logo-200x200-6978
95.00 USD

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Information

Indicators
MetaTrader 5
15
Alexander Nechaev
25 December 2019
2
9 July 2020

Overview

The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history. The indicator calculates Take Profit and Stop Loss marks.

Important information: 

To use the full potential of the indicator, we strongly recommend that you read this information - https://www.mql5.com/en/blogs/post/738049

How to trade with the indicator 

Trading with Trend Predictor is just three easy steps:

Step 1   - Opening a position

  • A buy signal was received with a success rating of more than 70%

Step 2 - Determining StopLoss

  • Select trunk by opposite signal

Step 3 - Defining TakeProfit Strategy

  • Strategy 1: Close the entire position when reaching TP1
  • Strategy 2: Close 50% of the position upon reaching TP1 and the remaining 50% upon reaching TP2
  • Strategy 3: Close the entire position in a trend reversal

Benefits

  • Never redraws the results, the signal is strictly at the close of the candle
  • It can be used in an adviser
  • Take Profit and Stop Loss Marks
  • A great addition to a trading strategy or an independent strategy
  • Market noise filtering algorithm
  • Suitable for any tools

    Statistics module 

    For better pair selection, use the built-in statistics calculations.

    • Calculate trades - The total number of signals for which statistics are given
    • Success rating - Percentage of signals reaching TP1, or when reversing those that were in positive profit
    • TakeProfit1 Hit - Percentage of signals reaching TP1
    • TakeProfit2 Hit - Percentage of signals reaching TP2
    • ExitProfit - percentage of signals that did not reach TP1, but were in a positive profit with a new signal
    • ExitLoss - percentage of signals that did not reach TP1, but were in negative profit when a new signal

    Input variables 

    • Period - The indicator period, the larger, the lower the sensitivity of the indicator signals
      • The more, the lower the sensitivity of the indicator signals
      • The lower, the greater the sensitivity of the indicator signals
      • Values 1.5 - 5 - Signal to enter
      • Values 5 - 14 - Trend Filtering
    • Multiplier of target - Multiplier for TP1 and TP2. The higher the multiplier, the more profit from one transaction, but the lower the percentage of success of signals
      • The higher the value, the greater the profit from the transaction, but the lower the percentage of success of the signals
      • The lower the value, the lower the profit from the transaction, but the higher the percentage of success of the signals
    • Maximum bars - The number of bars for calculating statistics
    • Developers settings - Settings section for integrating the indicator into other algorithms. Only for developers.
    • Notifications settings - Notifications settings section
    • Graphics settings - Section of graphic settings for the indicator

    User's manual 

    User manual and instructions for working with the indicator -  https://www.mql5.com/en/blogs/post/738049


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    If for any reason you do not like the purchased program, you can request a refund within 7 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

    Simply send a request for refund or exchange with your order number by email: [email protected].

    Refund requests received more than 7 days after purchase will be rejected.

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