The exact indicator of the market entry is a description of the four instruments. Forex indicators showing entry and exit points of the market
The main task of any trader is to find the right points for opening and closing orders. All instruments can be divided into the following categories: trend, oscillator and psychological. In addition, they are classified into Forex entry indicators and auxiliary instruments.
The effectiveness of an instrument is determined by how accurately it is able to identify the places where orders are created and closed. After all, it is on this indicator that the profitability of one or another depends trading system.
In this regard, in order to judge the effectiveness of this or that indicator, you need to know the principle of its functioning.
Demanded indicators of entry into the Forex market
The most popular among traders are indicators of entry into the Forex market, which have proven their reliability. I would like to bring to your attention a vivid example of a proven indicator - which produces very reliable signals.
A signal for creating an order is a situation when both instrument curves are located in the overbought / oversold area and intersect with each other.
It is also worth noting that this Forex entry indicator works best when the market is flat. During high activity in the market, the indicator curves can linger for a long time in overbought / oversold zones, thereby giving inaccurate signals.
So the Stochastic Oscillator is best used during the Forex market or to identify a weakening trend. This tool, unfortunately, is not able to determine the moments of a trend reversal, but there are other indicators for these purposes.
The Ku Klux indicator is a tool that automatically plots intraday support / resistance levels. The main difference of this algorithm from other similar tools is the absence of redrawing.
The Ku Klux indicator was developed as a full-fledged trading strategy, since it determines the levels that allow you to determine the optimal places for creating deals, and also recommends points for setting Stop-Loss and Take-Profit. The tests carried out have shown that the markup of the indicator, in addition to solving the main tasks, makes it possible to analyze the situation at older time intervals.
The indicator is recommended for the following pairs: Euro / Dollar, British Pound / US Dollar, Australian Dollar / US Dollar, US Dollar / Swiss Franc, Euro / Japanese Yen. Experienced traders it is advised to use this tool for trading on time frames from M5 to H4.
The indicator was created specifically for trading platform MT4.
You can download the Ku Klux indicator by following the link below.
To optimize the indicator, it is necessary to make changes to the following characteristics:
- "Level Width". This field sets the width of the displayed levels.
- "Text Size". On this line, you can change the font size if necessary.
- "Level Text Shift". This characteristic is responsible for the number of bars by which the algorithm will shift levels within the current day. A positive number in this field makes the levels longer, and a negative number makes them shorter.
- Show Daily Open. In this field, you can activate the marking of the first daily quote.
- "Number of Days". This is the number of days that the algorithm will use to build the markup.
- Show Trend. Activating this parameter displays a display of the dominant trend.
Trend indicators
Instruments from this are intended for trading during periods of high market activity. is a Forex indicator showing entry and exit points. As a rule, two moving averages are used in the complex: a faster and a slower one, the crossing of which is used to enter the market.
Moving averages are also used in another way - as the boundaries of the price corridor. To achieve the desired result, the moving averages must be shifted by a certain distance. In such a situation, trading is conducted on a rebound from the channel boundaries. The signals for opening deals are the price level touches of the channel boundaries.
In addition, moving averages are often used as a basis for other trading strategies. For example, the instruments and, although they are displayed in the form of a histogram, they work on the basis of moving averages built on various time frames. If 2 bars of the same color appear in the instrument window, this is a signal to create orders.
Despite the fact that both of these instruments look very similar to each other, AC reacts much more strongly to changes. price level... It is best used on longer time intervals, as it produces a large number of invalid signals on short time intervals.
Arrow Indicators Forex Entry Exit
Forex entry-exit arrow indicators are the most convenient to use. When a suitable moment appears for entering the market, an arrow lights up on the screen, recommending to create a buy or sell deal.
The choice of certain instruments should be done depending on your trading style. If a trader prefers technical analysis, then it is recommended to use 1-2 instruments. Their signals will only be used as confirmation signals.
If a trader plans to trade only using indicators, then their choice must be taken seriously. When choosing indicators, stick to following rules:
- Do not use more than 4 instruments in trading, as there is a high risk that you will simply get confused in all signals.
- It is better not to use volume indicators.
- Before using the tools, you need to understand the algorithm of their work.
From all that has been said today, it is not difficult to conclude that the tools for entering the market are able to make the work of a trader quite easy. With the help of indicators, you can increase profitability quite well, and besides, they are easy to use. In order to really make a profit, you need to choose only reliable algorithms.
From the article you will learn:
Good day, dear readers and visitors of our site! The topic of this article will be an indicator showing exact entries called RD-Combo... In general, this indicator is far from new, I personally met it a long time ago. Nevertheless, I believe that this indicator will be very interesting and will be a worthy addition to your trading system.
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Again notice I say that will complement the system rather than the system itself. I saw a couple of times on the forum how a couple of unique people tried to trade only using this indicator. I don't think it's worth telling you for a long time that nothing efficient came out of this.
This indicator showing the exact entries can be applied to both forex and binary options... To be honest, I don’t know what he is basing his testimony on, but I don’t think that it is extremely important for you and me. The main thing is that the indicator works and brings good profit, the rest is just nuances.
For whom it was created, and how, in principle, it works
From a positive point of view, I would like to note the fact that the indicator is very easy to use, that is, its signals will be understandable even for a beginner. In addition, it shows very accurate signals, and now this is a rarity. Well, the special advantage of this indicator, I think, is the absence of redrawing. That is, if we have a signal, then after the closing of the current trading candle, it will not disappear. Let's learn more about similar tools:.
Signals are understandable even for a beginner. No redrawing.
Here, just on the redrawing, many novice traders are burning. Roughly speaking, a beginner still initially does not even understand what there is such a thing as redrawing. He sets the indicator on the chart, rewinds to history and sees that his signals were just perfect. The example will be clearer if we learn more about similar things. ...
Well, then a person already has thoughts in his head, they say, finally, I have already found the grail, and now I will start to vomit to the fullest. But how surprised he will be when, in practice, he sees that the signal by which he entered suddenly disappeared after restarting the terminal. This will not happen with this indicator, and this is its indisputable advantage. Continuing the theme of similar tools. ...
If you set it on a graph, you will see that it is a kind of histogram, and from time to time its color appears when the histogram itself reaches some critical values. In this form, we can say that the presented indicator is more an oscillator. And, indeed, I looked behind his readings and noticed that he works well in a flat, but during periods of a trend, his signals may not work so well. That is why in mandatory additional filtering of the signals of this indicator is required. There is no way to do without it, and this is worth understanding.
About filtering and specifics about the application
How can you filter the signals of this indicator? In fact, there can be a great variety of options here, unfortunately, I cannot advise you anything specific, because everything depends on the trader himself. If we talk about the indicator settings, then I would recommend that you leave them by default, they are the most balanced. Just in the topic about.
You can use the presented indicator on any currency pairs... As for time intervals, here I would recommend that you limit yourself to small intervals. In particular, the indicator works well on the M5 interval.
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Of course, everything is quite subjective here, and it's up to you to choose. If you look at the indicator, you will see that we have some critical points Are 4 and -4. Formally, these are overbought and oversold zones, everything is like a standard classic oscillator. will help you master not only extreme zones, but also other important signals that are given by similar instruments ..
Roughly speaking, when our indicator enters these areas, we can potentially prepare for a market reversal. Roughly speaking, when the indicator histogram crosses level 4, it turns green. Do not confuse, it is not a signal to buy, but even the other way around. This is a sign that the market is overbought and you can prepare to sell. For example, information about, which can clarify some points on working with this tool.
Examples, my findings
In turn, if a crossing of the -4 level occurs, the histogram turns orange, indicating that the market is oversold and the price can be expected to rise. Of course, it is far from a fact that the market will actually reverse, but in a flat the signals of this indicator are sometimes very, very accurate.
Now let's look at an example of a deal using this indicator.
Pay attention, in the upward market, we see that our histogram has turned green. Accordingly, for us it was a sign that we could sell. Further, we see that the price really went down, and the signal itself would be very profitable.
But here you must clearly understand. That is not always the case. It is quite possible that there could have been just a slight pullback, and then the price would have started flying like crazy in the direction of the trend. Unfortunately, we cannot know when the trend will end and the flat will start, so be careful.
How can the indicator be applied within the framework of binary options? In general, the situation is no different from forex, when we have a signal, we buy an option with an expiration of 5-10 minutes. Many people use this indicator on options without additional filtering, and losing trades covered with martingale. I don't think this approach would be appropriate. Yes, you may be lucky for a long time, but you will still run into some kind of strong price spike, and you simply will not have enough deposit to open a new knee. Therefore, use a systematic approach.
Watch a video overview of the indicator
This indicator can be a good addition to the system, I personally would use it as an additional filter. It seems to me that it will be very weak as a signal indicator. For example, you can use trend indicator to understand what trend is currently developing in the market. And you can already use the indicator showing the exact entries of RD-Combo to see when you can competently add to the side of the dominant trend.
Indicators for the MT4 terminal are becoming more and more technical, have more correct predictions, but many traders and investors also want to see best points entering and exiting the market. Most indicators only show the direction of the trend, without showing the exit points.
Forex indicators often show much better profitability in the options market. Indeed, on binary options, in order to get up to 90% of the deal, it does not matter at all how much distance in points the price runs from the moment of the deal. In order to trade position closed with a plus, and the trader received up to 90% of the income, enough 1 point towards the transaction!
You can try your hand at option trading under fairly loyal trading conditions. For example, in a company you can start trading with $ 10 on your account, concluding deals in the amount of $ 1 or more.
Consider the 2017 indicator showing for opening and closing orders, Ku Klux. This indicator resembles the famous pivots, it looks for rotating price levels on any currency pair, and also, each of its levels can be used as a level to enter or exit a trade.
Ku Klux Pivotal Indicator
It is recommended to use the Ku Klux indicator on the EURUSD, AUDUSD, GBPUSD, EURJPY, USDCHF currency pairs, at time intervals from M5 to H4. Trading can be carried out in all trading sessions, except for the Pacific, since during this period too low volatility interferes with analyzing the market. Recommended brokers for work - and.
It is better not to touch the input parameters if you do not know what you are doing. You can change the Text_Font_Size parameter to a larger or smaller one if you need to increase or decrease the font in the indicator.
To work with this indicator, you need to use only pending orders. Use them to buy from buy levels and sell from sell levels. Stop loss for purchases should be set at BSL, for sales - SSL. Placing stop orders is mandatory, this will reduce the likelihood of large losses and even reduce these risks to zero.
As soon as the profit starts to grow, the transaction must be transferred to breakeven, after the transaction reaches the nearest price level, then it must be moved one more level, etc. The deal is closed only by stop loss or breakeven, as well as, upon approaching the next level, which is important for the trader.
This indicator is similar to the Murray indicator, but it is not a trading strategy. Like any indicator, it needs additions and filters, in the form of moving averages, oscillators MACD, RSI, etc. Active trading with Ku Klux, together with filters, can bring good income if money management is properly followed. You should not exceed the risks of 2-5% per transaction and open several transactions on different currency pairs. If you want to trade on several pairs, it is better to split the total risk of 2-5% into several parts.
Best regards, Alexander Ivanov
It seemed interesting to me, because it can help you find good trading signals.
In principle, the idea underlying the Super Passband Filter cannot be considered revolutionary, since such complex indicators have been used for a long time, but in this case the developer was able to create a universal algorithm that generates signals of several types.
The chart above shows an example of the markup of the entry and exit points indicator. As you can see, it consists of two main parts - an oscillator and a special channel, the calculation principle of which is identical to the Bollinger Bands formula.
You can download the Super Passband Filter indicator for free here:
Accordingly, the following variables are used to customize this entire structure:
- Timeframe - timeframe for which the markup will be drawn (if current is specified in the line, the indicator will process the current chart);
- Period 1 and Period 2 - periods for calculating the oscillator;
- Calculation Count - a variable responsible for the channel period;
- Price to Use - the type of prices the EA is based on (it is better to set Open, since in this case redrawing on the last candle is excluded).
The rest of the parameters are intuitive and are used primarily to customize the graphical display (area colors, line thickness, etc.).
Super Passband Filter in and out points indicator
As I noted, considered entry and exit points indicator generates many universal signals, the meaning of which directly depends on settlement periods and timeframes.
In particular, if you use the standard settings, trades can be opened according to the following rules:
- At the point where the oscillator line crosses the zero level from the bottom up, open a buy;
- After the formation of the blue area, we fix the profit accumulated on long positions;
- At the point where the indicator breaks through the zero mark from top to bottom, we work for a sell;
- After the orange area appears, we take the profit received from the "shorts".
Thus, within the framework of this technique, the indicator of entry and exit points recognizes overbought / oversold areas, after reaching which it becomes more difficult for the price to overcome new highs / lows.
It follows that the Super Passband Filter markup can also be useful for counter-trend trading, namely, after the oscillator leaves overbought / oversold conditions, it is reasonable to open a deal to decrease / increase the price of an asset.
Setting up the indicator of entry and exit points on Forex
Please note that I considered all the signals listed above using standard settings. Therefore, for some strategies, additional optimization of key variables will have to be carried out, nevertheless, a lot depends not only on the specifics of the formula itself, but also on the goals pursued by an individual trader.
For example, if you specify not 50 and 60, but 10 and 15 in the Period 1 and Period 2 fields, the markup will change dramatically.
In my opinion, in this situation, the indicator of entry and exit points should be used in a compartment, since the blue and orange areas identify local tops and lows, after reaching which the previous trend continues with renewed vigor.
And the last group of signals provided in the Super Passband Filter assumes the development of classic divergences.
Let me remind you that divergence is understood as a situation in which the price dynamics diverge from the readings of a technical or macroeconomic indicator. In our example, the local bottom corresponds to a higher indicator low, i.e. this is a bullish signal.
If the new price maximum is not confirmed by the next up-extremum of the indicator, we are dealing with a bearish divergence.
I myself consider “diverters” to be not very reliable patterns, so I recommend using them as a filter, but this rule applies to absolutely all oscillators, and not only to today's indicator of entry and exit points.
To summarize today's review, let's just list the main pros and cons of the Super Passband Filter. In my opinion, this algorithm has the following obvious advantages:
- It is easily customizable, moreover, the user can adjust all important variables;
- Signals practically do not lag, i.e. buy / sell entry points appear almost immediately after the actual price reversal;
- A trader gets at his disposal several different patterns at once;
- Thanks to a special channel, overbought / oversold areas are recognized, adjusted for the current volatility, so they will be relevant at any phase of the movement, be it a trend or a narrow sideways.
As for the shortcomings of the considered indicator of entry and exit points, here I can note only minor "brakes" of the terminal on weak machines (due to the constant recalculation of the markup using a complex formula). And also the lack of arrow signs that could automatically point newcomers to the preferred direction for making deals.
Both of these drawbacks are insignificant, since the first one, if desired, is solved by updating an outdated PC, and the second drawback becomes invisible as experience is gained.
Timely execution of a transaction in the forex market is one of the essential conditions profit from trading financial instruments... Only a purchase or sale of an asset based on reasonable factors can both maximize potential profits and minimize possible losses. This is exactly how indicators showing exact entries, and this article is devoted.
You should be aware that the described tools technical analysis should be used exclusively as part of a trading strategy, and not alone. The minimum set of additional trading tools should confirm true signals and filter out false ones, as well as allow calculating Stop Loss and Take Profit levels. However, this requirement is valid only for forex trading - to trade binary options, only an indicator of the exact entry into the market may be sufficient.
What are the best forex market entry indicators?
Among the entire set of technical analysis tools that indicate the most favorable moments for opening positions, the most convenient to use are those that indicate such moments by either changing the color of the displayed graphic elements, or by special icons (usually arrows or circles). The convenience of these indicators lies in the very quick understanding by a trader in which direction a deal should be made. This is especially valuable for scalpers, whose trading profitability depends to a large extent on the timeliness of entering the market, and for novice traders who have understandable difficulties with the analysis.
It is also important to use a non-redrawing indicator for MT4, which gives exact points entrance. The “redrawing” property is manifested in the fact that a trading signal can either disappear or appear on a candle that is not the current one. That is, a signal candle (the one on which a trading signal is displayed) after a few candles after the close may become a non-signal candle (without a trading signal), or a non-signal candle after a few candles after a close becomes a signal candle. This property not only leads to unpredictable losses, but also makes it impossible to identify errors (and without analyzing failures and successes, it is impossible to become a successful trader). In addition, redrawing indicators cannot be objectively verified against history.
And now there will be a small overview of non-repainting indicators that give exact entry points on MT4.
Buy Sell Magic (download )
- upward green, indicating a purchase;
- downward red indicating sell.
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The indicator showing exact entries, Buy Sell Magic, is based on two other technical analysis tools - Parabolic SAR and Bollinger Bands. Trading signals (arrows) are generated when the price crosses the Bollinger Bands. A Parabolic, displayed in the form of dots, indicates the level of the StopLoss of the trade.
QQE New Histo Alerts (download )
It is a histogram plot and is drawn in the basement window. Its algorithm is based on the formula for calculating the oscillator, which allows you to determine the state of oversold (which means the price has reached a local minimum and should turn up) and overbought (which means the price has reached a local maximum and should turn down) in the market. The convenience of this non-repainting indicator for MT4, which gives exact entry points, lies in the fact that its trading signals are manifested in a change in the color of the histogram (Fig. 2):
- from yellow to green - it means you need to sell;
- from yellow to red - it means you need to buy.
Other advantages of QQE New Histo include the ability to display the analysis results for timeframes other than the current one, and the presence of an audio alert when a trading signal is generated (changing the color of the histogram).
TriggerLines (download )
It is based on a moving average - one of the universal tools for identifying a trend. The calculated MA is displayed on the chart twice - with a horizontal shift. Trading signals are the intersections of these two movings, which are automatically determined within the algorithm of this exact indicator of market entry. When such an intersection is found, the color of the curves being drawn changes (Fig. 3):
- from red to blue - you have to buy;
- from blue to red - you need to sell.
MACD BB (download )
It is a modification of the classic MACD, which calculates the convergence-divergence of moving averages. Its algorithm additionally calculates Bollinger bands based on the calculated MACD. This non-repainting indicator, which gives the exact entry points in MT4, is displayed in the basement window as a dotted curve (MACD) and two solid curves (Bollinger Bands).
Trading signals are changes in the color of the points (Fig. 4):
- for pink - you need to sell;
- for green - you have to buy.
Bollinger Bands indicate the current volatility of the market - the greater the distance between their borders, the greater the amplitude of price fluctuations.
Conclusion
Were described 4 accurate indicators of market entry, acting and displayed different ways... Therefore, on their basis, trading strategies with a wide variety of technical tools.
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