"Black Shadow FX" comes with multi-timeframe analysis to boost win rate!
USDJPY signal status on February 5, 2018!
A sell signal appeared in the morning,
the 5-minute chart showed down arrow (↓) and the 1-hour chart showed up arrow (↑), so they were not aligned; Pivot's S1 became the temporary take-profit area, and the trade ended with +50 pips.
First Update
'Black Shadow TrendMeter'
The Black Shadow TrendMeter
is aligned with
the BlackShadowFX logic and is an optimized, high-precision TrendMeter.
Using this indicator makes the trend more visible, and
trading easier.
Basically
When trading on a 5-minute chart,
set the 5-minute 'Black Shadow TrendMeter' and the 1-hour 'Black Shadow TrendMeter'
in MT4 and trade.
Additionally, even when trading on timeframes other than 5 minutes, set values corresponding to each timeframe,
enabling multi-timeframe analysis across various timeframes.
In this way, by using the 'Black Shadow TrendMeter', you can grasp the higher-timeframe trend and trade optimally.
Where the higher and lower timeframes overlap, the win rate is even higher.
For examples of trades using the TrendMeter and the settings, a detailed 20-page PDF has been added, so
please refer to that and trade accordingly.
