4X Global Trend Signal

4 апр. 2017 г.NOTE: This is an invite-only script for paying 4X Global Members.

When you request access, please provide your 4X Global username. I cannot provide access until I cross-check your 4X Global account to verify that you have one and that it is active.

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I had 4X Global code this indicator based on several of their tools. This indicator is a combination of several 4X Global data sources. When all of the sources confirm a trend (based on my criteria), the indicator draws a 'buy' or 'sell' label on the chart. This is a very simple indicator to use and it's darn accurate. I may automate it at some point.

This indicator does NOT repaint, but it will flash on/off during the current bar until it closes. Do NOT enter a trade until the current bar closes with a signal. You enter at the open of the succeeding candle (i.e. the candle immediately after the signal candle).

There is only one variable to adjust; 'Risk'. When you increase the Risk variable, you are increasing your trading risk because the indicator will not respond as fast. However, I have found that higher settings filter out the noise better.

For me, the sweet spot seems to be on the 30 minute chart with a Risk value of '24'. If you find additional 'sweet spots' for this indicator, please share them with your fellow 4X Global members.

Please direct any/all support question to me. I will do my best to answer them.

This is not investment advice, just my opinion(s). Please trade accordingly.

Trade safe and keep an eye on news.