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Pip's Finder
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Pip's Finder is an indicator designed to Find
"Trend direction" and capture reliable price movements.
This is very simple and powerful tool which generate direction of price movement , this tool is based on the dynamic fibonacci retracement and extension mechansim forged from the basic idea of fibonacci concept and identifier of the trend mechansism blended in one indicator so it can give precisely accurate trend direction signals and it's easy to understand and use.
This tool is specially designed for USOIL (Crude oil WTI) and UKOIL (Brent) , In 5 Min TimeFrame.
After Asian session starts it gives signal which is approximately 300 to 500 pips ,in each signal (with accuracy of 85%+)
After European session starts it gives signal which is approximately 100 to 200 pips ,in each signal (with accuracy of 75%+)
After North American session starts it gives signal which is approximately 300 to 500 pips , in each signal (with accuracy of 85%+) , in this session it also signals for 1000 pips but it's risky to taril such a heavy price movement
How can we make our trades using this tool ?
- Signal generates as a Red Arrow above the candle which reflect downward direction and Green Arrow below the candle which reflect upward direction.
- Wait for the candle closing which ensures the signal generation.
- When next Candle breaks High or Low of the candle in which signal is generated our signal is confirmed and we are ready to capture pips as per our plan according to sessions.
(Note:If next candle after signal generator candle did not Break high or low of the signal candle we'll consider signal as False signal
For UPTREND -
Ex- If signal is generated for upward direction (Below the candle noted by green arrow) the next candle should have to Break the high of signal candle , If next candle did not break high our signal is not confirmed and we'll consider signal as false, and if price move in opposite direction and breaks the low of the signal candle we'll consider signal as False .
StopLoss should be below the candle of signal generating candle.
For DOWNTREND -
Ex- If signal is generated for Downward direction (Above the candle noted by Red arrow) the next candle should have to Break the low of signal candle , If next candle did not break low our signal is not confirmed and we'll consider signal as false , and if price move in opposite direction and breaks the high of the signal candle we'll consider signal as False.
StopLoss should be above the candle of signal generating candle.
Special Note:
If signal occur for any of the direction and in the next candle breaks high or low but in the same candle which breaks high or low again signal occured for opposite direction then we should look for SL of the previous signal candle is striked or not , if not striked then we should continue our trade until SL is not striked.
Note:
1. Price differs in brokers app ,should focus on Tradingview terminal for charts and do calculations based on this chart and signal generation.
2. Signal confirmed when the price crosses High or Low of signal generating candle .
3. Always take a look on Session wise price fluctuation for best accuracy.
4. Trade should be placed as soon as price breaks high or low.
This indicator is based on Fib and IDM so sometimes it generates false signals to eliminate these, Follow the Suggestion and Rule's you'll get best results.
"Trend direction" and capture reliable price movements.
This is very simple and powerful tool which generate direction of price movement , this tool is based on the dynamic fibonacci retracement and extension mechansim forged from the basic idea of fibonacci concept and identifier of the trend mechansism blended in one indicator so it can give precisely accurate trend direction signals and it's easy to understand and use.
This tool is specially designed for USOIL (Crude oil WTI) and UKOIL (Brent) , In 5 Min TimeFrame.
After Asian session starts it gives signal which is approximately 300 to 500 pips ,in each signal (with accuracy of 85%+)
After European session starts it gives signal which is approximately 100 to 200 pips ,in each signal (with accuracy of 75%+)
After North American session starts it gives signal which is approximately 300 to 500 pips , in each signal (with accuracy of 85%+) , in this session it also signals for 1000 pips but it's risky to taril such a heavy price movement
How can we make our trades using this tool ?
- Signal generates as a Red Arrow above the candle which reflect downward direction and Green Arrow below the candle which reflect upward direction.
- Wait for the candle closing which ensures the signal generation.
- When next Candle breaks High or Low of the candle in which signal is generated our signal is confirmed and we are ready to capture pips as per our plan according to sessions.
(Note:If next candle after signal generator candle did not Break high or low of the signal candle we'll consider signal as False signal
For UPTREND -
Ex- If signal is generated for upward direction (Below the candle noted by green arrow) the next candle should have to Break the high of signal candle , If next candle did not break high our signal is not confirmed and we'll consider signal as false, and if price move in opposite direction and breaks the low of the signal candle we'll consider signal as False .
StopLoss should be below the candle of signal generating candle.
For DOWNTREND -
Ex- If signal is generated for Downward direction (Above the candle noted by Red arrow) the next candle should have to Break the low of signal candle , If next candle did not break low our signal is not confirmed and we'll consider signal as false , and if price move in opposite direction and breaks the high of the signal candle we'll consider signal as False.
StopLoss should be above the candle of signal generating candle.
Special Note:
If signal occur for any of the direction and in the next candle breaks high or low but in the same candle which breaks high or low again signal occured for opposite direction then we should look for SL of the previous signal candle is striked or not , if not striked then we should continue our trade until SL is not striked.
Note:
1. Price differs in brokers app ,should focus on Tradingview terminal for charts and do calculations based on this chart and signal generation.
2. Signal confirmed when the price crosses High or Low of signal generating candle .
3. Always take a look on Session wise price fluctuation for best accuracy.
4. Trade should be placed as soon as price breaks high or low.
This indicator is based on Fib and IDM so sometimes it generates false signals to eliminate these, Follow the Suggestion and Rule's you'll get best results.
Nota Keluaran
Pipfinder is an indicator designed to Find "Trend direction" and capture reliable price movements.
This is very simple and powerful tool which generate direction of price movement , this tool is based on the dynamic fibonacci retracement and extension mechansim forged from the basic idea of fibonacci concept and identifier of the trend mechansism blended in one indicator so it can give precisely accurate trend direction signals and it's easy to understand and use.
This tool is specially designed for USOIL (Crude oil WTI) and UKOIL (Brent) , In 5 Min TimeFrame.
After Asian session starts it gives signal which is approximately 300 to 500 pips ,in each signal (with accuracy of 85%+)
After European session starts it gives signal which is approximately 100 to 200 pips ,in each signal (with accuracy of 75%+)
After North American session starts it gives signal which is approximately 300 to 500 pips , in each signal (with accuracy of 85%+) , in this session it also signals for 1000 pips but it's risky to taril such a heavy price movement
How can we make our trades using this tool ?
- Signal generates as a Red Arrow above the candle which reflect downward direction and Green Arrow below the candle which reflect upward direction.
- Wait for the candle closing which ensures the signal generation.
- When next Candle breaks High or Low of the candle in which signal is generated our signal is confirmed and we are ready to capture pips as per our plan according to sessions.
(Note:If next candle after signal generator candle did not Break high or low of the signal candle we'll consider signal as False signal
For UPTREND -
Ex- If signal is generated for upward direction (Below the candle noted by green arrow) the next candle should have to Break the high of signal candle , If next candle did not break high our signal is not confirmed and we'll consider signal as false, and if price move in opposite direction and breaks the low of the signal candle we'll consider signal as False .
StopLoss should be below the candle of signal generating candle.
For DOWNTREND -
Ex- If signal is generated for Downward direction (Above the candle noted by Red arrow) the next candle should have to Break the low of signal candle , If next candle did not break low our signal is not confirmed and we'll consider signal as false , and if price move in opposite direction and breaks the high of the signal candle we'll consider signal as False.
StopLoss should be above the candle of signal generating candle.
Special Note:
If signal occur for any of the direction and in the next candle breaks high or low but in the same candle which breaks high or low again signal occured for opposite direction then we should look for SL of the previous signal candle is striked or not , if not striked then we should continue our trade until SL is not striked.
Note:
1. Price differs in brokers app ,should focus on Tradingview terminal for charts and do calculations based on this chart and signal generation.
2. Signal confirmed when the price crosses High or Low of signal generating candle .
3. Always take a look on Session wise price fluctuation for best accuracy.
4. Trade should be placed as soon as price breaks high or low.
This indicator is based on Fib and IDM so sometimes it generates false signals to eliminate these, Follow the Suggestion and Rule's you'll get best results.
Nota Keluaran
changes are made to fib levelsNota Keluaran
updated fib levels
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.