PipFinite Trend PRO Indicator

PipFinite Trend PRO Indicator

$100.00 $0.00

PipFinite Trend PRO Indicator

PipFinite Trend PRO Indicator description

Advantages You Get

  • Easy, visual and effective trend detection.
  • Gives you the ability to filter and further improve your trading strategies.
  • Enhanced statistics calculation following the entry point, take profit and exit signal.
  • Never repaints, never backpaints, 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

No complicated rules, Just follow 3 simple steps!

Step 1: Trade Setup

  • Enter a signal if Statistics Success Rate is higher than 65% (Statistics Success Rate > 65%).

Step 2: Set Stop Loss

  • Exit buy signal on a new sell signal.
  • Exit sell signal on a new buy signal.

Step 3: Set Take Profit

  • Option 1: Take profit on TP1.
  • Option 2: Partial take profit on TP1 and close remaining position on TP2.
  • Option 3: Take profit on opposite signal or riding the trend until it reverses.

Enhanced Statistics Calculation

Win Condition

  • TP1 Hit - When a signal reaches at least TP1.
  • EXIT Win - When a trade is closed on opposite signal and resulted to a positive profit.

Loss Condition

  • Exit Loss - When trade is closed on the opposite signal and resulted to a negative profit.

Success Rate

  • Percentage of signals which qualified for win condition.
  • Used as reference to find better trending pairs and timeframes.

Parameters

  • Period - the number of bars used to calculate the trend.
    • Period - 2 to 5 when used in entering trades (Entry Indicator).
    • Period - 6 to 15 when used to filter trades (Filter Indicator).
  • Target Factor - the multiplier used to calculate take profit levels.
    • Increasing this value will give more take profit but decreases success rate.
    • Decreasing this value will gives less profit but increases success rate.
  • Maximum History Bars - maximum number of bars used for calculation.
  • Display Parameters - controls the visibility of objects drawn on chart.
  • Graphics Parameters - controls the appearance and colors of drawn objects on chart.
  • Dashboard Parameters - controls the visibility and colors of statistics found on chart.
  • Alert Parameters - controls the alert options enabled.

Reviews

There are no reviews yet.

Add a review

To trade the PipFinite Trend PRO Indicator you can open your free broker account by clicking the button.