Signals Guru

This indicator is based on EMA + RSI candle pattern and breakout system. It works better on higher time-frame. Indicator generates every signal based on 6 different types of breakouts.

Inputs Parameters

• alert = True - indicator give you alert message when any signal generate.
• Analysis =True - if you want to see all previous history signals

Currency Pairs: You can use this indicator on any currency pair.

Time-frame: Always use it on higher time-frame such as (M30, H1, H4 D1). Because it works better on higher time frame it specially designed for long term trading.

Signal Indication Conditions

1. When any signal generate you can take entry on that direction (for example) if indicator gives a Buy signal then you can take BUY entry.
2. If market is moving side way or making very small candles and indicator generate any signal then you can avoid that signal or can take entry if you want.
3. If you take a BUY order on BUY signal and after some time indicator gives a new SELL signal then you take SELL entry or do wait when the market Break below to Low price of the previous BUY signal candle then you put a SELL entry.
4. When indicator generates Buy or Sell signal then first check that candle's High to Low or Low to High total pips movement. if candle size is very big and not suitable for the trade then ignore that signal.

SL/TP Range:

• If you get BUY signal set stop-loss on that candle's Low value, or choose any good lowest point that is suitable for your trade. you can set stop-loss any where there you want.
• And the same thing is to BUY signal opposite for SELL signal. Set stop-loss at High price on that candle or find any good Highest price value for stop-loss.
• Take profit and stop loss value depend on the market condition. and you can set take profit anywhere there you want. Take profit and stop-loss prices are not confirm of every signal because some time market move in negative side very short and some time very long time.
  

For Negative or Positive Conditions

• BUY Negative: if BUY order is negative then you can close at your trade in 10 to 15 pips or you can leave your trade for long time. Long time trade suitable on high time frame H1, H4 or D1.
• BUY Positive Hit SL: When hit your Buy trade stop-loss and market break below to that BUY candle Low price level then you can take a SELL trade in opposite side. Because mostly when market hit stop loss then it move in that position. Or do wait for next signal.

• SELL Negative: if SELL order is in negative then you can close at your trade at 10 to 15 pips or if you think market can move more in your favor then you can Leave your trade for more pips. Long time trade suitable on high time frame H1, H4, D1.
• SELL Positive Hit SL: When SELL trade stop-loss hit then do wait for Up Breakout or do wait for next signal.

Long term trade decision depend on your balance , lot size and the market condition.

important note: For use of this indicator must do practice in strategy tester or on demo account and try to understand about fake indications and more important thing about stop loss and take profit. Always keep in mind money management and lot size. After proper learn about indication you can do better trade on Live.

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