Technical Indicators for MetaTrader 5

Candle Good Setup

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99.00 USD89.10 USD

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Information

Indicators
MetaTrader 5
5
Kibalo Alain Kabissa
17 December 2020
1.0

Overview

You ask yourself the question every time you open your charts: how to win in trading? Will using a lot of indicators work? well know that I also asked myself the same questions when I first started trading. After testing many indicators, I realized that winning trading is simple and accurate trading. after several months of thinking and optimizing I was able to find my solution: Candle Good Setup

Candle Good setup is a trend and entry timing indicator analyzing the market in multi-frame to give the right timing to enter and exit the market.

Advantages You Get

  • Easy, visual and effective trend detection.

  • Gives you the ability to filter and further improve your trading strategies.

  • shows your stop loss and take profit according to your settings

  • Dashboard for Check trend in keys timeframes ( M1-M5-M15-M30-H1-H4-D1-W1-MN )

  • Never repaints, never back paints, never recalculates.

  • Signals strictly on the "Close of the bar".

  • Works in all symbols and all timeframes.

  • Integrated pop-up, email, push notification and sound alerts.

  • Fully compatible with Expert Advisor (EA) development.

How To Trade


We can imagine several trading strategies with this wonderful indicator. I will introduce you in the following lines how I use it personally

No complicated rules, Just follow 4 simple steps!

Step 1: Trade Setup

  • Note the trend indicated by the indicator

Step 2: Enter Setup

  • Enter sell if in a downtrend and the indicator turns from neutral to the sell signal

  • Enter Buy if in an uptrend and the indicator changes from neutral to the buy signal

Step 3: Set Stop Loss and take profit

  • set the stop loss and take profit at the level indicated according to your parameters

  • you can define partial take profit to properly manage your position 

Step 4:  Early exit

  • Immediately exit the trade if the trend changes

Candle Good setup options and settings

Main settings

  • Candle Mode :  choose the type of candlestick use analysis (Japanese candlestick or Heiken Ashi candlestick).

  • Time Frame Analysis : choose the number of timeframes for the analysis (2 - 3 or 4 timeframes).

Display settings

  • Show Arrow -> Set "true"  to materialize the trend with a drawing in the main window. 

  • Show Dashboard -> Set "true"  to display the dashboard (trend scanner) in the main window. 

  • Show SL and TP-> Set "true"  to display the stop loss and take profit level in the main window. 

  • Candle period for SL -> number of bars to position the stop loss

  • RiskReward -> Risk Reward ratio for take profit

Colors settings

  • Down color  -> Color of drops 

  • Up color  -> Color of the supers

  • SL line color  -> Stop loss line color

  • TP line color  -> Take profit line color

Alert and notification settings

  • Popup Alerts -> Set "true" to receive pop-up alerts

  • Email Alerts -> Set "true" to receive a notification e-mail

  • Push Notification Alerts -> Set "true" to receive mobile notifications

  • Sound Alerts -> Set "true" to receive an audible notification

  • SoundFileName -> Choose your favorite alert sound

Graphs limit settings

  • Limit Bars  -> maximum of bars for the first calculation



14 DAYS MONEY BACK GUARANTEE

If for any reason you do not like the purchased program, you can request a refund within 14 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: fxea.market@gmail.com.

Refund requests received more than 14 days after purchase will be rejected.

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RISK WARNING: ea-forex.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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