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I use this indicator together with the PRT RENKO indicator (also available from AutomaticTrading). Since I am still quite inexperienced in CFD trading, these indicators help me to find good entry points and take profit levels, as well as to positively influence my tendency to overtrade. I struggled with myself for a long time whether I should buy the indicators, as the purchase price for both indicators seem expensive at first glance (for my small budget). But already in the first week I brought back half of the purchase price and the equity curve of my trading account is finally pointing in the right direction. In addition, the e-mail support should be mentioned positively, even on a weekend you get quick and competent feedback. I would also have been satisfied with the feedback on the following Monday, everyone needs a little break from work after all :). All in all, I can only recommend this vendor and will certainly purchase one or the other useful indicator in the future.
I've been using this indicator since yesterday evening at the forex opening and this morning on the DAX40. I started using it yesterday evening at the forex opening and this morning on the DAX40. I have already made the purchase profitable with trades on trendlines and greyboxes. The indicator is great, I have rarely seen anything as effective (despite numerous tests with other products), I use it in ticks but seems equally effective in all timeframes. good job!
I tried the BladeSclaper for one day and I must confess that it's very well programmed. Relatively quick, doesn't take too much memory despite the sophisticated calculation (I guess) to have the zones, the entry, TPs, SL and display the performance table on the top left. The win rate and frequency of trades on a smaller TF is much higher than longer TF (as per my tests on ES, I might be wrong). I tested it on ES (SP500 Futures) and despite the extreme volatility today (bad CPI), it gave good signals. The zones are meaningful. Room for improvement: find a way for the user to automate the test of the variables for each TF (may be have variables that can be plugged in ProOrder). I think it's worth the small investment for Scalpers.
For me this has made my trading more of a breeze, I used to struggle with leaving trades run, either letting run to loss or TP too early. The Trend indicator just makes direction a breeze, and if not out of a trade already it signals to come out, and not leave on. I like the fact that i can overlay timeframes of my choosing for confirmation when on a single screen which has allowed me to focus more on price action on the trigger chart. Took me a short while to grasp the concept but I'm far more consistently profitable now. Thanks for this
An indicator that I am learning to use and appreciate. Very useful in defined trends. It has a very high success rate. Thank you
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From the innovative minds at FXAutomate and our partners, comes our most ambitious venture into the realm of financial market strategies yet. With the culmination of more than a decade of experience in trading and developing hundreds of strategies we are pleased to introduce 4 different “Price Action Trend Following” strategies as our most exciting […]
Divergence trading is a popular strategy among technical traders, as it allows them to identify potential reversals in a financial instrument’s price.
From the same developer who brought you the High Probability Reversal Strat one of the very first and most popular automated strategies of the ProRealCode marketplace launched back in May 2021, FXAutomate is pleased to announce their latest product called Linear Reversion Trader (see below)
Very useful screener to be able to find divergences. Great time saver. Good work