Many traders looking for indicator without repaint. For them does not matter that such a indicator can give false signals. The main thing is that the indicator is not repaint. If you really want to get a profitable indicator for binary options or CFD/Forex without repainting, then this article is about it. I warn you once, it is only indicator for the full trading in binary options with its use, will need additional filters. We’ll talk about this below.
This indicator without repaint called Forex CFD Pips Striker Indicator v2. I earlier wrote about it for trading in forex/cfd. The author claims a profitability of indicator in 90-96% of profitable positions, and that in Forex, you can increase your deposit several times over the last month of work. Of course, the result is clearly overstated and Pips Striker Indicator v2 alone can not give such results. Now try to figure out how to use it.
Pips Striker Indicator v2 works on a principle similar to the ZigZag, that is looking for local maximums and minimums, and when it finds, with the slightest movement in the opposite direction outputs a signal in the form of arrows. Also, indicator includes a technical analysis tool like Parabolic SAR with two different periods. An arrow appears at the time of occurrence of the second Parabolic Sar with a slower period. The indicator is equipped with a sound notification, and the ability sent of signal to e-mail.
Characteristics of the Pips Striker Indicator v2
- Platform: Metatrader4
- Asset: Any currency pair
- Trading Time: Around the clock
- Timeframe: Any (recommended M5, M15)
- Expiry: 3 candles (15 minutes for M5, 45 minutes for M15 etc.)
Rules of trade by Striker Indicator v2
From Striker Indicator v2 advantages author notes a few points:
- The indicator never not repaints its signals (arrows)
- Pips Striker Indicator v2 is never late
- There are sound notifications and alerts to Email
- Easy to use, suitable for both beginners and those who have experience
- No need of additional study of technical analysis tools
Despite all the advantages, which the author has mentioned, use this indicator alone is unsafe. For a more reliable work will be used as a filter Price Border indicator. And we will take only signals that have touch (breakout) of the channel:
So, the basic rules of trading:
- Wait for the signal from Forex Pips Striker Indicator v2 (1)
- The price must touch or break through the price channel (2)
- Expiration – 3 candles (15 min for M5)
The author has positioned his creation as a finished trading system, but it’s just a technical analysis indicator and expect super results should not be on it. After all, 90% of our trade is composed from psychology. Where the first trader will open a position, the second refrain, and vice versa. The advantage here is – indicator without repaint. But its use is only with additional filters. For example, with the Price Channel, as I wrote above.
In the archive Pips_Striker_v2_for_BO.rar:
- Price Border.ex4
- Price Border.mq4