How To Trade Using Profitunity Indicators? MT4 Indicators FREE
Earlier than you learn the put up take 2 minutes of your time to take a look at our killing trading method: Trend Blaster. Lets now discuss about Profitunity indicators.
What is Profitunity indicators approach to trading?
The brutal truth is that 90% of all traders lose money consistently. Good trading does not emanate primarily from the head. It comes from the gut and the heart. Bill Williams’ approach uses the latest scientific theories of human and economic behavior which is derived from the science of chaos.
Chaos theory now stands at the cutting edge of financial decision-making methods. The product of years of scientific investigation into unpredictable phenomena, it has the potential to offer traders entirely new perspectives on the movements of markets-and less risky routes to greater, more consistent profitability.
We are sharing a nice Profitunity indicators set and templates for Metatrader (MT4) platform. This indicators makes your profitunity trade setups on the charts, once you read the trading rules below your trading arsenal is more powerful with the indicators. Check the image below for more details. Click on the image for a larger view.
You can freely download and use the profitunity indicators and templates for metatrader (MT4) by clicking the button below.
And now you will instantly see this profitunity indicators in real time on Metatrader (MT4). You may distribute this MT4 indicators and templates to your friends, but do not forget them to refer them to our site.
On the chart apply following tools:
Alligator – Three SMAs (13/8/5) with a future offset of 8/5/3 respactively.
Fractals – 5 bars sequence where middle one has highest High / lowest Low and its preceded and followed two bars have lower highs / higher lows preceded by two lower highs and is followed by two lower highs
Awesome Oscillator (AO) – difference between the 34-period and 5-period simple moving averages of the bar’s midpoints (H+L)/2
Acceleration Oscillator (AC) – difference between 5/34 momentum histogram (AO) and a 5-bar simple moving average on the AO
When (Alligator) lines are opening we put a buy stop one point above the most recent fractal outside of the lines in trend direction
When (Alligator) lines are closing we are closing too.
We need to stay out of the market when and while lines are intertwining.
After the first fractal is taken, we take any and every signal in that direction.
Adding Entry Signals:
AO: We go long when AO cross zero line from negative to positive values and short on the opposite scenario. We go long we have 3 consecutive AO bars above zero line last two having higher highs (i.e. AO pulls back for a while). Opposite for sell
AC: Go long after two consecutive bars above zero line. Go long after three consecutive bars below zero line. For short – reverse scenario
Indrajit is a professional blogger and Trading System developer, Amibroker expert, Wordpress expert, SEO expert and Stock market analyst. Trading since 2000, he has started the journey of StockManiacs.net on 2008. He follows Indian and world stock markets closely.