Laser level trend powerful indicator that allows you to avoid sharp fluctuations and uncertain market noise. It functions mainly as a filter to help trade in the direction of the trend, but by calculating some values and using some approaches it can be used as a full-fledged trading system. Works on any pair and timeframe.

Attention !!!  Before publishing, we check everything and publish only those indicators that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the indicatorhas been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/2159

Functions:

-Unique trend detection to avoid unexpected turns and uncertain market noise.
-Analyzes maximum profit statistics and calculates possible targets for the next signal
-A flexible tool that can be used in many ways to improve your trading system.

Trend filter:

• Additional filter for existing systems
• Period of use = from 4 to 10

Entry point:

• Entering a trade from a confirmed system
• Period of use = 2 to 3

-Retreat strategy

The output will depend on the discretion of the trader as per his/her strategy.

• Areas of support/resistance
• Reversal signals from price action patterns

Statistical data:

• Exit trades as soon as the profit reaches the “Average Profit”.
• Partially close trades when profits reach the “Minimum Movement”.

-Multitimeframe
The directions of the higher and lower timeframes are the same:

• Buy trending laser signals on H1 if H4 is an uptrend
• Sell trending laser signals on M15 if H1 is trending down.

-Color schemes for light and dark charts
-Never repaints
-Never redraw
-Never recounts
-Signals strictly for “Bar Closing”
-Compatible with the development of advisors.

Video instructions:

Statistics:

• Total trades – the total number of past signals.
• Profitable trades – the total number of past profitable signals. It is calculated based on a signal that at some point turned into profit and does not include an exit strategy.
• Success rate is the percentage (%) of past profitable signals. An important filter for scanning more effective tools.
• The best profit is the highest recorded maximum profit.
• Average profit is a value that predicts the possible maximum profit of the next signal.
• Minimum Move – The average of past signals is below the average profit. Can be used as a minimum take profit or exit target for scalping.

Application:

If we have 4 past signals:
-Signal 1 brought maximum profit of 5 points
-Signal 2 brought maximum profit of 20 points
-Signal 3 brought maximum profit of 8 points
-Signal 4 brought maximum profit of 15 points
Average profit = (Signal 1 + Signal 2 + Signal 3 + Signal 4)/4 = (5+20+8+15)/4 = 12 points
Signal 5 is expected to reach a maximum of 12 points.
The average profit value can be used as a take profit value or exit strategy.

Success Level – Can be used to find the most trending markets.
Example 1
If the couple has a success rate below 85%. We can skip trading this pair and look for other pairs with a higher success rate.
Example 2
The success rate of H1 on EURUSD is 86%, and the success rate of H1 on AUDUSD is 92%. A wise decision is to choose AUDUSD signals.

Settings:

IT IS IMPORTANT!!! THIS ADVISOR WORKS AND HAS BEEN TESTED WITH BUILDING 1400

Reminder: As with every trading system, always remember that forex trading can be risky.  Don’t trade with money that you can not afford to lose.  It is always best to test EA’s or indicators first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

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