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DFXTrend.rar: Powerful MT4 Indicators for Precise Entries & Exits
Metatrader Indicators for trend analysis:
FastTrend,
Medium Trend,
Major Trend,
I-Trend
for entry position:
BBstop
PBForexsignal
DDFX NeuroTrend
Long Entry:
One the signal Arrow (BBstop, PBForexsignal, DDFXNeurotrend) is confirmaed by Fast Trend, Medium trend, Major Trend and I-Trend, all Blu.
Short Entry:
One the signal Arrow (BBstop, PBForexsignal, DDFXNeurotrend) is confirmaed by Fast Trend, Medium trend, Major Trend and I-Trend, all Red.
Exit position:
1 When reverse one signal (aggressive);
2 When reverse BBstop;
3 Close position on level Pivot.
Stop Loss:
for Bearish set stop loss above the bar before the signal Entry Sell Position;
for Bullish set stop loss below the bar before the signal Entry Long Position.
Target Profit:
5min-15min TF: 6-14 pips depend by pair;
30 min-H1 TF:18-35 pips depend by pair;
H4 TF: 40-70 pips depends by pair
Thank you, augusto70, for sharing your insights on the DFXTrend indicators. Your detailed explanation of the entry and exit strategies, along with the use of confirmation signals, is quite helpful for those looking to refine their trading techniques.
It's interesting to see how you've structured the criteria for both long and short entries based on the alignment of your trend indicators. The clarity in setting Stop Loss and Target Profit levels for different timeframes demonstrates a disciplined approach to risk management, which is essential in trading.
For those in the community considering these indicators, it might be beneficial to backtest them in a demo account before applying them to live trading. This allows traders to understand how these indicators perform under various market conditions.
Thank you again for contributing to our community; it's always great to see traders sharing effective strategies!
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