Alll about indicators for MT4

How to test and collect strategy or signal statistics

If you do not know how you trade (how successful or unsuccessful), then you will not be able to earn in the financial market. Before you start trading, you need to study your strategy. / Signal far and wide.

Statistics is needed to solve several problems:

  • Psychology: reduce psychological stress. When you know that when testing the signal turned out to be cost-effective over a longer period of time, the losses incurred have a smaller impact on the psyche. This knowledge kills nervousness and gives confidence to enter without emotion (fear, loss of opportunity, fear of under-working, etc.)
  • Profitability: get knowledge about your signal and check it for profitability (it gives profit or loss), as well as how long it takes to get a profit (dring month or two or more)

By collecting at least this information, you can already have a complete picture about profitability of the signal used.

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New MT4 tool to become more profitable forex trader

Visual comparison of history and current patterns

The indicator compares pattern found on chart history with the current price movement. Since history repeats itself, then, by comparing the two patterns, indicator can predict the further movement of the price. The indicator allows you to overlay highlighted history pattern with current movement and you will visually see this movement and will be able to compare the past and the present.

To compare two patterns, you need:

  • It is necessary to find and highlight a pattern on the history chart of a currency pair
  • Then mark the beginning of price movement from which the historical pattern will be overlaid
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HurtLocker PRO is official representative of ForexTester 3

The company Alliance of Finance OÜ represented by Vladimir Kjahrenov, is the official partner and distributor of the ForexTester 2 and ForexTester 3 software.

The Forex Tester (versions 2 and 3) program is designed for more convenient testing of your strategy or idea. This program is based on MetaTrader.

If you use the MetaTrader4 or 5 terminal for trading and want to expand the testing capabilities, then this program is what you need!

Buy ForexTester3 or read more >>>

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Best indicator Real Divergence on MACD

I am glad to announce that I have made a personal indicator MACD convergence-divergence.

The divergence indicator shows bullish and bearish divergence for RSI, Stochastic, MACD indicators. The strongest signals is on MACD.

Divergence is the most common and easy to understand. It is believed that the divergence is formed after the end of the movement and shows the likely trend reversal.

The indicator has simple, intuitive parameter settings. You can turn your favorite indicator on or off or turn on all divergence signals at once. Each indicator has its own distinctive color.

The indicator analyzes current price quotes and does not show a divergence in history. The indicator finds the first point, after which the second point searching starts and the process of divergence analysing starts: whether the divergence are formed or not.

The indicator does not redraw. All lines on the chart remain visible, so you can see and analyze all divergence signals for the selected indicators. In the indicator, you can turn on sending messages to a mobile (push-notification), by e-mail or throw out notifications (notification).

Buy an indicator through the codebase system.

Купить индикатор HurtLockerPro Real Divergence в магазине систем алготрейдинга

How this indicator works is fashionable to watch on YouTube

I wish you big profits!