TakePropips MACD Crossover 1.20

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TakePropips MACD Crossover is a powerful and effective tool that automatically detects trading opportunities using the MACD Crossover Strategy and also provide you an entry and exit signals.

$32.12

TakePropips MACD Crossover is a powerful and effective tool that automatically detects trading opportunities using the MACD Crossover Strategy and also provide you an entry and exit signals.

This multi-function indicator includes a Statistical Dashboard Panel and a Trend-Detection Scanner. It is designed to provide you trading signals and save you hours analyzing the charts!

MACD Crossover Strategy

Buy Signal – A bullish signal is present when the MACD line crosses ABOVE the signal line and is below the zero line.

Sell Signal – A bearish signal is present when the MACD line crosses BELOW the signal line and is above the zero line.

Main Features:

Automated entry & exit signals – detects trading opportunities and provides you with take profit & stop loss.

Trend Scanner – a multi-symbol and multi-timeframe scanner shows the direction of the trend, success rate, and rating

Statistical Dashboard Panel – shows the success rate, entry signal, and total profit/loss of each currency pair so you know exactly the result

Alerts, Email, and Push notifications – receive notifications when a new buy or sell signal is identified.

Customizable, non-repainting, no backpaints – you can customize the look and feel of the scanner to increase real estate. The indicatorneverrepaintsorbackpaints.

How to setup a trade?

Make your trading much simpler with this easy simple steps!

1. Trade Analysis

  • Enter a trade if success rate is 70% or greater and the profit shows positive

2. Take Profit

  • Option 1 – Take profit on TP1
  • Option 2 – Partial Take Profit on TP1 and close remaining positions on TP2 and/or TP3
  • Option 3 – Take Profit on opposite signal and ride the trend

3. Stop Loss

  • Option 1 – set your fixed stop loss level based on provided SL value
  • Option 2 – exit your buy position on a new sell signal and exit your sell position on a new buy signal

Multi-Timeframe Analysis

To get the best results and generate higher probability of success, you can trade when the higher timeframe and the lower timeframe are in the same trend direction.

Recommended Multi-Timeframe Pairs:

  • M5 -> M15
  • M15 -> H1
  • H1 -> H4
  • H4 -> D1
  • D1 -> W1

The indicator works on all timeframes, forex pairs, indices and commodities.

Specification: TakePropips MACD Crossover 1.20

Product Type

Technical Indicator

Condition

Unlocked

Trading Style

Trend Trading

Trading Terminal

Metatrader 4

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\indicators\TakePropipsMACDCrossover.ex4

TakePropips Indicator Installation Guide.pdf

TakePropips MACD Crossover Indicator Manual.pdf

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