PipFinite Trend Pro Indicator MT4 For Build 1421+

Description

Advantages You Get

• Access to the provenly reliable trend indicator based on a massize number of users and reviews.
• 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 any timeframe and financial instrument including forex, cryptocurrencies, metals, stocks, indices.
• Integrated pop-up, email, push notification and sound alerts.
• Indicator buffers 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.

User Manual

For more information ► Click Here