Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Early Trend Catcher Part2 (Early Trend Catcher Part2) - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |
Hello all Forex traders. My first part was as an early trend catcher. This is the second part, with nice improvements. I changed my indis slightly and added some new indis as additional filters. It seems nice to add extra filters. I tested gbpjpy on 4 hour chart and still looking for other jpy pairs. Therefore, I recommend that this system only works on the GBPJPY currency pair.

For example, here's the chart.

index

1. Goldfinger (chart refreshed every 4 hours)

2. Semaphore true2(1)

3.fratelli_main_v1.3

4. Moving average

5. Open daily

6. AOAC Alerts

7.fisher_no_repainting

8. Flat foot tape(1)

9.gmts tape

Buying rules

All green with blue GMTS tape

examine:

1. Trend candle turns green

2. Gold finger blue dot on or near the candle

3. Blue arrows on or near candles

selling rules

1. Trend candle turns red

2. Gold finger blue dot on or near the candle

3. Blue arrows on or near candles

Simple

SL

1. 100 pips below the signal candle is a buy and vice versa is a sell

For example: the low price of the buy entry candle is 1.73500, then the stop loss should be 1.73400

TP

Options

1. 400 pips from your entry price (400 pips)

2. Signal point appears

3. GMTS turns gray or red

4. The next golden tip

5. Next opposite arrow

All suggestions and ideas welcome

Thank you all. My thanks again to eitan. He has a kind heart. "God is great"

NOTE: If I missed something I will post it later

ETC PART 2.pngImage1.png0000.pnggbpjpy etc2.png
ETC PART 2.pngImage1.png0000.pnggbpjpy etc2.png
ETC PART 2.pngImage1.png0000.pnggbpjpy etc2.png
ETC PART 2.pngImage1.png0000.pnggbpjpy etc2.png
ETC PART 2.pngImage1.png0000.pnggbpjpy etc2.png
ETC PART 2.pngImage1.png0000.pnggbpjpy etc2.png

Attachment to original post (9)

📦 Summary of post attachments (9)

Below are all the files (9) shared in the reply.

Verification code Refresh