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Good day, dear readers and visitors of our site! The topic of this article will be an indicator showing exact inputs, entitled RD Combo. In general, this indicator is far from new, I personally met it a very long time ago. However, I think that this indicator will be very interesting and will be a worthy addition to your trading system.

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Again, notice I say that will be an addition to the system and not the system itself. I saw a couple of times on the forum how a couple of unique people tried to trade only with this indicator. I think it's not worth telling you for a long time that nothing sensible came out of this.

This indicator showing exact entries can be applied to both forex and binary options. To be honest, I don’t know what he bases his testimony on, but I don’t think that this is extremely important for you and me. The main thing is that the indicator works and brings a good profit, the rest is nuances.

For whom it was created, and how, in principle, it works

From a positive point of view, I will note the fact that the indicator is very easy to use, that is, its signals will be clear even to a beginner. In addition, it shows very accurate signals, and now this is a rarity. Well, the special advantage of this indicator, I think, is the absence of redrawing. That is, if we have a signal, then after the closing of the current trading candle, it will not disappear. Learn more about similar tools: .

Signals are clear even to a beginner. There is no redraw.

Here, just on redrawing, many novice traders are on fire. Roughly speaking, a beginner does not even initially understand that there is such a thing as redrawing. He sets the indicator on the chart, rewinds into history and sees that his signals were just perfect. The example will be clearer if we learn more about similar things. .

Well, here thoughts already arise in a person’s head, they say, finally, I have already found the grail, and now I’ll start tearing to the fullest. But how surprised he will be when, in practice, he sees that the signal by which he entered, suddenly, after restarting the terminal, mysteriously disappeared. This will not happen with this indicator, and this is its undeniable advantage. We continue the theme of similar tools. .

If you install it on a chart, you will see that this is a kind of histogram, and from time to time its coloring appears when the histogram itself reaches certain critical values. In this form, we can say that the presented indicator is more of an oscillator. And, indeed, I looked at his readings and noticed that he works well in a flat, but during periods of a trend, his signals may not work so well. That is why additional filtering of the signals of this indicator is mandatory. There is no way to do without it, and this should be understood.

About filtering and specifics about the application

How can I filter the signals of this indicator? In fact, there can be a great variety of options here, unfortunately, I can’t give you specific advice, because everything depends on the trader himself. If we talk about the indicator settings, then I would recommend that you leave them by default, they are the most balanced. Just in the topic about .

You can use the presented indicator on any currency pairs. As for time intervals, here I would recommend that you limit yourself to small intervals. In particular, the indicator performs well on the M5 interval.

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Of course, everything is quite subjective here, and the choice is up to you. If you look at the indicator, you will see that we have some critical points - these are 4 and -4. Formally, these are overbought and oversold zones, just like a standard classic oscillator. will help to master not only extreme zones, but also other important signals that similar instruments give.

Roughly speaking, when our indicator enters these areas, we can potentially prepare for a market reversal. Roughly speaking, when the indicator histogram crosses level 4, it turns green. Do not confuse, it is not a signal to buy, but even vice versa. This is a sign that the market is overbought and you can get ready to sell. For this example, information about, which can clarify some points on working with this tool.

Examples, my conclusions

In turn, if the -4 level is crossed, the histogram turns orange, indicating that the market is oversold, and we can expect the price to rise. Of course, it is far from a fact that the market will actually turn around, but in a flat, the signals of this indicator are sometimes very, very accurate.

Now let's take a look at an example of a trade using this indicator.

Please note that in the rising market, we see that our histogram has turned green. Accordingly, for us it was a sign that we can sell. Further, we see that the price really went down, and the signal itself would have been very profitable.

But here you must clearly understand. Which is not always the case. It is quite possible that there could have been just a small rollback, and then the price would have started to fly in the direction of the trend like crazy. Unfortunately, we cannot know when the trend will end and the flat will begin, so be careful.

And how to apply the indicator within the framework binary options? In general, the situation is no different from Forex, when we have a signal, we buy an option with an expiration of 5-10 minutes. Many people use this indicator on options without additional filtering, and they cover losing trades with a martingale. I do not think that such an approach would be appropriate. Yes, you may be lucky for a long time, but you will still run into some kind of strong price spurt, and you simply do not have enough deposit to open a new knee. Therefore, use a systematic approach.

Watch video review of the indicator

This indicator can be a good addition to the system, personally I would use it as an additional filter. It seems to me that it will be rather weak as a signal indicator. For example, you can use trend indicator to understand what trend is currently developing in the market. And the indicator showing the exact RD-Combo entries can already be used to see when it is possible to intelligently add in the direction of the dominant trend.

We present you an indicator that, despite its simplicity, has earned recognition among many beginners and experienced Forex traders. With the help of the dots that the Dots indicator places on the quotes charts, this indicator quite accurately shows the entry and exit points when making deals in the Forex market. This means that it can effectively complement any scalping or positional trading strategies.

How the indicator worksdots

Let's start with the fact that the points with which Dots confirms the places to enter the market (when making deals) and exit the market (when they are closed) are not redrawn. And analyzing fairly accurate signals of this indicator, we can say that Dots demonstrates the current dynamics of price movement much more accurately than most other indicators from the MT4 platform and is one of the first to show a trend reversal.

Appearance Dots indicator on the quotes chart

In other words, when the direction of the trend starts to change, the Dots indicator will show it the fastest, which will help you make a trading decision more quickly.

The mechanism of this indicator is very simple. Analyzing the slope of the moving averages, as well as taking into account the opening/closing prices of candles, Dots demonstrates the direction of the trend and its change, for which it places dots of two colors on the quotes chart:

• Blue - trend up
• Red - trend down:

Indicator signals

As you understand, the main signal of the indicator is a change in the color of the dots. Accordingly, trading signals for entering and exiting when concluding and closing deals will be as follows:

• Change of blue color to red - a place to enter the market to sell (or exit from deals to buy)
• Change of red color to blue - a place to enter the market for purchases (or exit from deals for sale):

As you can see, during a trend in the Forex market, this indicator shows fairly accurate and stable trading signals, and most importantly, it keeps the trader from leaving the market prematurely, allowing you to take the maximum number of points from each transaction.

However, during a flat, Dots can give a lot of false signals. Therefore, it is better to use it in conjunction with trend-following indicators and at the most volatile time of the day.

As it was written above, Dots uses ordinary moving averages to analyze the quotes chart. And as we know, this kind technical indicator considered one of the most efficient and accurate. According to professional traders and analysts, traders earn much more with the help of moving averages than with the use of all other indicators combined. But this does not mean that only Dots can be used when trading, and other Forex indicators should be neglected. On the contrary, we recommend using Dots along with additional filters and trend-following technical indicators.

For example, using the same moving averages, only of an older period, you can determine the global trend and trade only in its direction. That is, to effectively find places to make deals and exit them, as well as filter out losing signals.

additional information

Also, Dots can become a unique component for an already assembled trading system complex. Thus, you get a successful extension of the strategy due to the more accurate implementation of moving average signals. For example, this is how Dots will look profitable in a strategy that uses moving averages and the MACD indicator. When moving averages cross, we get a primary signal about a change in trend, which must be confirmed MACD indicator. Next, we wait for the price correction in the opposite direction and enter the market if the trend continues on the signal of the Dots indicator:

Recently on our website we published an article about a unique indicator for scalping contrast . In our opinion, when you combine Contrast and Dots on one quote chart, you can get the perfect picture for scalping.

Thanks to the unique algorithm of the Forex Contrast indicator, you get an excellent filter that determines the direction of entering the market (histogram squares of the same color - at least three tafmframes). Whereas, with the help of Dots signals, you will receive an excellent signal about the possibility of making deals. As a result, the joint work of these indicators will allow you to filter out most of the losing trades and significantly increase the profit factor of your trading strategy:

An example of using the Dots and Contrast indicators within one trading strategy

Setting the Dots indicator

While using this indicator, a trader can change some of the input parameters.

Timely entry into the market is half the battle when concluding a profitable transaction. It is the timeliness that determines the profitability of the opening position by 50%, and the remaining 50% depends on the correctly set stop loss and take profit. Entering the market too early will likely result in a stop loss triggering, while entering the market too late will lead to the possibility of not reaching the take profit. Next will be considered indicators showing exact entries into the market, the signals of which will provide the maximum profit when minimal risk stop loss triggers.

Watch the video about the indicator showing exact entries

It should be noted that the most optimal entry into the market is carried out at the extremum:

• maximum - for short positions;
• minimum - for long positions.

And to get the maximum profit, you should also close the position at the extremum, but the opposite:

• minimum - for short positions;
• maximum - for long positions.

However, most often positions are closed when a pre-set take profit is reached, which is determined based on the size of the stop loss (most often in relation to the latter at least 2:1).

Arrow accurate market entry indicators

These are the most easy-to-use technical tools that show favorable moments for making deals in the form of arrows or other graphical figures. This ensures that the trader is relieved of the need to analyze the set of indicators used, which saves his time and eliminates the possibility of error.

TRIX Arrows()

It is a modified version of the TRIX triple exponential average, in which the signals for opening positions are the intersections of two curves (main and signal), displayed in the basement window (Fig. 1). The modification is to mark these intersections with colored arrows:

• upward directed blue (the signal line crosses the main one from the bottom up) - a signal to buy;
• downward red (the main line crosses the signal line from the bottom up) - a signal to sell.

You should open a deal only after the candle closes, on which the signal was formed.

T3MA_Alarm()

This is the simplest version of the arrow indicator, which is based on the calculation of the moving average and the search for its intersection with the price. They are marked on the price chart in the form of multi-colored arrows (Fig. 2):

• blue, directed upwards - a signal to open a long position;
• red, pointing down - a signal to open a short position.

In this case, the moving average curve is not displayed on the price chart.

The T3MA_Alarm indicator has 2 parameters:

• Period – MA calculation period;
• Shift is the number of periods by which MA should be shifted.

The selection of these variables ensures the determination of the optimal pair of parameters for which a specific financial instrument on a given timeframe will give the maximum ratio of profitable trades to unprofitable ones.

Non-redrawing indicators for MT4 giving accurate entry points

Signals indicating entry into the market are formed during the entire period of candle formation (its duration is determined by the timeframe). During this period, the signal may disappear and appear several times, but after the candle closes, its state should not change. Therefore, you should open deals on such signals only at the opening of the next candle.

However, some indicators can display a signal or remove it not only on the previous closed candle, but also further. This is due to the shortcomings of their algorithmic part. Such technical instruments are classified as redrawing and their signals do not have a high degree of reliability, leading the trader to losses and making it difficult to understand why they occur. Next, only non-redrawing indicators showing exact entries will be considered.

Darma System()

This indicator belongs to the trend and impulse categories. With its help, the trader gets the opportunity to fix short-term changes in the market trend. At the same time, it can be used in multi-indicator strategies as a signal generator for opening positions and as a filter.

After installing the Darma System on the price chart, blue and red dots will be displayed on it, located, respectively, below and above the candles. The indicator algorithm also colorizes price candles in blue or red. All these factors are signals:

• blue candle - uptrend signal;
• a red candle is a signal of a downtrend;
• blue circle - a signal to open a long position;
• a red circle is a signal to open a short position.

The deal is opened after the trend changes (the color of the candle changes) and the corresponding circle appears. For example, if the previous candle was blue, and the current candle was formed red, then if this color is maintained, after the candle closes, above which a red circle is displayed, a short position is opened. Accordingly, a long position is opened when the first blue circle forms under the blue candlestick from their continuous sequence formed after the red candlestick. The trade is closed when the color of the candle changes or at the take profit set in accordance with the applied money management principle.

test_5close_up()

The algorithm of this technical tool calculates three standard indicators:

• moving average;
• Stochastic;
• MACD.

Then their calculated values ​​are analyzed and arrows are displayed on the price chart, indicating in which direction positions should be opened (Fig. 4):

• white arrow pointing up - buy;
• red arrow pointing down - sell.

The Test_5close_up installed on the price chart displays only arrows on it, and does not display the curves and histograms of the indicators used in the algorithm. This facilitates and simplifies the analysis process.

Most traders, even ardent adherents technical analysis, still use indicators to analyze the situation on the market. Some of them can act as almost ready-made trading systems, indicating the direction of entering the market.

All indicators used can be divided into 2 categories:

• auxiliary - not directly used to conclude a transaction. For example, using Fractal it is convenient to automate the construction of support/resistance lines;

• algorithms that give a clear signal to conclude a deal. Entry point indicators do not have to indicate on the chart the point at which a trader can make a trade, it is enough that there is a clear description of the conditions for entering the market.

Based on such algorithms, it is possible to construct a good trading system, and it is not necessary to look for exotic algorithms, standard MT4 indicators are enough. The main thing to remember is that each signal must be duplicated, and preferably not 1 time.

MT4 entry point indicators

Among the standard MT4 indicators, there are many algorithms that accurately indicate potential points for entering the market. As an example, the well-known Stochastic can be cited, although on the chart itself it does not indicate the direction of entry with an arrow, but it gives accurate signals.

When working with this oscillator, attention should be paid to the behavior of the fast and slow lines, as well as their position relative to the overbought / oversold zones. If the fast line crosses the slow one and at the same time exits the oversold zone, this can be considered a correct buy signal, there can be no ambiguous interpretation here.

You can also select the usual moving average, however, everything here depends on the method of its application. It can be used, for example, to identify a trend (MAs with a long period are used) or to find the point of origin of a trend (a “bouquet” of moving averages is used).

But there are trading strategies that use the price crossing of the MA, which allows you to write it into the entry point indicators. The main signal is the closing of the candle above the moving average, of course, a number of filters are also used.

The mentioned algorithms are far from complete list standard indicators that can be classified as instruments that show the entry point to the market. Much depends on how one or another indicator is used.

Custom input indicators

Such algorithms are most often created as convenient as possible. That is, the trader sees directly on the price chart either an arrow or another indicator that indicates the optimal direction for concluding a deal.

Various “recognizers” of candlestick combinations can be considered classic representatives of this group of indicators. Usually, the name of the combination is written above the candle, and an arrow is written below it. As an example, CPI can be given, in addition to simplicity and clarity, such an indicator is also not redrawn.

There are entry point indicators based on level breakouts, such as Fruity Pebbles. This algorithm works on the basis of pivots, and the levels themselves are not drawn so as not to clutter up the chart. All that the trader will see on the screen is a solid line (it shows the level of the transaction) and crosses of different colors. The red color shows the TR level.

The Darma System algorithm used in the trading strategy of the same name looks somewhat unusual. It is proposed to focus here on the color of the vertical strip and the dots below / above it. To buy, you need the bar to be blue, and the dot below it also turns blue, for purchases, the rules are reversed.

But the seemingly simple Test_5closeUp indicator is actually a combination of several standard MT4 algorithms (such as MACD, MA, Stochastic). On the chart, the trader will see nothing but arrows indicating the direction of a potential transaction and colored squares, which can be considered a signal for preliminary readiness (they can also be used to close open transactions).

Standard indicators are generally often used as a basis. The same T3MA Alarm is based on only one moving average, and entry arrows are drawn after the MA price breaks out.

An example of using the entry point indicator in trading

For example, let's take a look at a few trades that would provide entry point indicators from those listed above. Let's start with Test_5closeUp.
This tool does not behave very adequately. It can be seen that buy arrows are drawn most often at the end of an upward movement, and sell arrows, on the contrary, at a minimum. If a trader thoughtlessly followed the instructions of this indicator, then even near zero he would not be able to stay, the loss far exceeds the profit.

Darma System seems to work better, at least the signals, although they are late by 1-2 candles, generally correspond to the direction of price movement. And everything would be fine if it were not for the tendency of this algorithm to redraw. In other words, he is simply cheating and the last 10-15 bars on history can easily be repainted in a different color retroactively.

These examples are shown only to make the trader convinced that indicators cannot be trusted without looking back. Otherwise, everyone would have become millionaires by now.

Summarizing

Theoretically, entry point indicators look very attractive - any trader wants to receive reliable and simple signals to enter the market. Unfortunately, not everything is so simple, many of these algorithms may give signals that are not entirely adequate, while the rest still need to be confirmed.

So there is no particular benefit from using them in trading compared to conventional indicators. Is that the maximum visibility and no need to analyze the indicator readings. Source:

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In any trading strategy, determining the optimal entry point is very important. Not only the final result of the transaction (profit or loss) depends on this, but also the amount of profit. Methods for finding the right moment to open trading position a lot of. Today I want to tell you about one of these tools. it entry point indicator Super Point Signal. Trading statistics based on its signals testify to the high quality of this analysis tool. But at the same time, it is impossible to call it the grail, of course. The main advantage of the Super Point Signal is that it does not redraw, and the disadvantage is the delay. However, its use in conjunction with another indicator (filter) will allow the trader to create a simple and effective trading system.

Installing the indicator in MT4 and its parameters

Entry point indicator installed in trading terminal in the usual way. To do this, select "Open data directory" in the MT4 menu item "File". And then we find the "MQL4" folder, in it - "Indicators". Paste the copied indicator file into it. Next, you need to restart the trading terminal. Or you can not do this, but right-click on the menu item of the MT4 navigator "Indicators", and then - "Update".

There are very few parameters in the Super Point Signal settings:

The main one is “bars to process”. This is the number of bars used for analysis. You can work with this parameter if you wish. The number and accuracy of signals depends on it. The remaining parameters relate to the notification system.

How to trade with Super Point Signal

The conditions for entering the market are very simple. The indicator, after making calculations according to the algorithm, issues recommendations for buying or selling. He does this with the help of red and green dots. It is generally accepted that green icons are a signal to open a BUY order, and red icons are a SELL order.

As I wrote, it is impossible to build your trade only on the signals of this indicator. A filter is required. What to use for this is up to the trader. But I can recommend, for example, RSI.

Then the trade will look like this:

We open trades only if the signal is confirmed by the filter. If the RSI is in the overbought zone when a red dot appears, then you can sell. If it is located below the level of 70, then such a signal should be ignored. We proceed in the same way for buy orders. But to open a trading position, the RSI must be in the oversold zone.

And another obligatory requirement: preliminary testing of the SPS on a demo account.

Download entry point indicator.