Beast Super Signal Indicator V4.3

Description

Beast Super Signal Indicator V4.3

Overview

The Beast Super Signal Indicator V4.3 is a powerful tool designed for forex traders seeking profitable opportunities. It simplifies the trading process by providing clear buy or sell signals based on internal strategies. Here are the essential details:

1. Time Frames: The Beast Super Signal works across various time frames, from M5 (5-minute) to H1 (1-hour).
2. Platform Compatibility: It is compatible with MT4 and can be easily integrated into your trading setup.
3. Currency Pair: For optimal results, consider using the Beast Super Signal with the GBPUSD currency pair.

Key Features

• Entry Price, Stop Loss, and Take Profit Levels: The indicator suggests precise entry points, stop loss levels, and take profit targets. You can choose your preferred risk-reward ratio (1:1, 1:2, or 1:3).
• Non-Repainting Signals: The Beast Super Signal provides reliable signals that do not repaint or recalculate, ensuring consistency.
• ADR Filter: An Average Daily Range (ADR) filter eliminates low-probability signals, allowing you to focus on high-probability setups.
• Customizable Trade Panel: The trade panel displays essential account details, trade information, and statistics. Customize it according to your preferences.
• Uptrend and Downtrend Signals: The indicator generates green arrows for uptrends and red arrows for downtrends.

Trading Strategy

The Beast Super Signal’s strategy involves identifying strong trends and potential reversals. Here’s how it works:

1. Trend Identification:
   • When the Beast Super Signal detects a strong trend (either bullish or bearish), it provides a clear signal arrow.
   • Traders can enter a position in the direction of the trend (buy for uptrends, sell for downtrends).
2. Risk Management:
   • Set your stop loss and take profit levels based on your preferred risk-reward ratio.
   • Use proper risk management techniques to protect your capital.
3. ADR Filter:
   • The ADR filter ensures that you focus on high-probability setups by filtering out low-volatility periods.
   • Avoid trading during times of low market activity.
4. Customization and Backtesting:
   • Customize the trade panel colors and size to suit your preferences.
   • Conduct manual backtesting to find optimal settings for your trading style.

 

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Additional Resources 

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