Sam Trend Blaster indicator full free
ARROWS NON REPAINT
*Great For Scalping
*Great For Swing Trading
*Arrow Entry Alerts
*Arrow Signals alert Strictly On The "Close Of The Candle"
*Works On Any Timeframe
*Works On Any Mt4 Pair
*Perfect For New Traders And Expert Traders
- Swing Traders
- Wait for a Daily Timeframe arrow Alert
- Then go down to the 4h or the 1h timeframe and enter the same direction arrows only
- (Close Profits as you please, or close profits at lower low, or higher high, or wait for opposite arrow signal for exit)
- Intra Day Traders
- Wait for a 30m Timeframe arrow Alert
- Then go down to the 15m or the 5m timeframe and enter the same direction arrows only
- (Close Profits as you please, or close profits at lower low, or higher high, or wait for opposite arrow signal for exit)
- Scalpers
- Wait for a 15m Timeframe arrow Alert
- Then go down to the 5m or the 1m timeframe and enter the same direction arrows only
- (Close Profits as you please, or close profits at lower low, or higher high, or wait for opposite arrow signal for exit)
Always Follow Trend
By following the strategy below and rules provided you will be able to grow your account and be consistently profitable.
Now that you are all set up with your indicator and ready to trade, let us learn how to enter a perfect signal as well as filter out bad ones
The process is simple as simplicity is an important factor to success when it comes to trading
*TDI – Traders Dynamic Index Pro (An all in one indicator that provides information on the current trend) -
*Yellow Exponential Moving Average (EMA). The 100 and 200 exponential moving averages are used to show the current (main) trend
*White Simple Moving Average (SMA). The 10 period simple moving average shows the short term trend and is used as confirmation of entry
*Green and Red bands. Give us confirmation of entry and show market swing lows, highs, oversold and overbought scenarios.
HOW TO IDENTIFY A PERFECT ENTRY SIGNAL
Study the chart above and take note of the marked points
Entry Signal Rules
*Candles must touch either the green or red price bands
*The 10 period SMA (White line) must have touched the green or red price bands
*When the entry signal arrow appears, the signal candle must be either above (for a buy) or below (for a sell) the 10 period SMA. Refer to the above image to better understand this entry set up
*For the Traders Dynamic Index, the green and red lines must be above (buy signal) or below (sell signal) the yellow line as shown in the image.
*DO NOT enter a position if the signal candle touched the middle green line (this area is referred to as no man’s land as it is an area where candles tend to range)
HOW TO PLACE STOP LOSS AND TAKE PROFIT POINTS
*A stop loss can be placed below the previous low (For a buy) or above the previous high (For a sell) as shown in the image
*Take profit points can be placed on the opposite bands. For a buy a take profit point will be placed on the green band
However, a stop loss is not necessary if you are able to monitor the trade throughout.
If you do not use a stop loss, how do you know when to exit the trade?
If you do not use a stop loss then you must immediately exit the trade when the opposite signal to your trade appears. Do not consider if the trade is in profit or loss. At this point you must exit the trade.
This also applies if you use a stop loss or take profit, when the opposite signal appears you must exit the trade.
With a take profit point you can hold the trade until the opposite signal appears but always make sure to secure some profit once the take profit point has been reached
Let’s look at how exactly we can get a perfect entry point for a trade
Sell Entry
*Candles touched Red Price Band and falling down
*Signal Candle closed below10 period SMA (white line)
*TDI Red and Green Line belowthe Yellow Line
*Signal Candle is NOT in no man’s land (on the middle green Line)
Buy Entry
*Candles Touched Green Price Band and moving UP
*Signal Candle Closed above 10 period SMA (white line)
*TDI Red and Green Line abovethe Yellow Line
*Signal Candle is NOT in no man’s Land (on the middle green line)
Use the 100 and 200 period EMAs to identify the trend
When you exit a profitable trade in a good trend, leave a small amount of capital in the trade as this will allow you to maximize profits given that the trade continues going your way. However, always make sure that you at least break even.