You will get detailed instructions in .pdf manual guide how to set up and install this indicator. It is a few simple and easy steps to get it going:
- Download Trend Signal Indicator files for MT4
- Install them into your MT4 directory – put EA file to “Experts” and indicator file to “Indicators” folders
- Put the EA on any chart you like (or few at the same time). No settings needed for this EA
- Leave the EA to watch the market
- It will automatically will give you an alert and draw the arrow with the direction where trade is recommended
- Use this EA between M15 and H4 time-frame ranges. EA will automatically give you a warning when time-frame is too low or too high.
- Set stop loss and take profit on important resistance levels. Make them mathematically logical, for ex. with standard ratio like 1:3 or 1:2. You can also wait for opposite signal and use it for exit point.
- The smaller time-frame you use, the often the signal going to appear, but please keep in mind that the accuracy will be lower, because of bigger market noise. If you will increase time frame like to H1 or H4 you will get accurate strong signals which can bring you +200 or more pips of profit, but will occur rarely – like up to few times per week.
- Put this EA on more than one currency pair to get more signals and more opportunities to trade.
- Leave your platform always on and loaded with the EA, so you don’t miss any signal.
Enjoy, and happy trading!