VJ Sniper is an indicator for making a buy/sell in MT4: buying is carried out in an uptrend, and selling is carried out in a downtrend.
Background: No built-in MT4 indicator, like Stochastic, CCI or DeMarker, etc., works independently. But their combination with trend forecasting works perfectly and is excellent at finding entry points. This indicator is designed specifically to provide optimal results and minimize the number of false signals. This is not the Grail or a 100% guarantee of entry. The indicator provides only a high probability of success. VJ Sniper gives highly probable signals, following the rules of profitable trading.
It works on any instrument and timeframe except M1.
- The entry is made at the beginning of the candle. It is based on the closing of the previous candle, which means that you can open a trade as soon as you see a signal and not expect the candle to close.
- Signals are not redrawn on instruments with low volatility. They may occasionally redraw on instruments with high volatility.
- The arrows do not blink. A clear signal from the very beginning.
- Signals are generated early, unlike other indicators that give signals after traveling a significant distance in any direction.
- The lines clearly show the trend.
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- VJ Sniper has 3 trend lines and signal arrows.
- The lines indicate the direction of the trend, and the arrows indicate the type of transaction (Buy or Sell).
- Make a buy trade if you see a buy signal (up arrow) in an uptrend.
- Make a sell trade if you see a sell signal (down arrow) in a downtrend.
- Consider the take profit and stop loss at the support/resistance levels OR at the curve levels. Example: In a buy trade, you can set a take profit on the middle curve and the upper curve, based on the trend line.
- Optimal timeframes: M30 / H1 / H4. But you can work on any timeframe except M1.
- At the first installation, data is required for the output of the signal. Switch the timeframes back and forth until clear signals appear.
- The indicator works best on instruments with low volatility (optimal for Forex).
- The combination of our indicator with price action and candle strategy can become the Grail of your trading system.