Trend Punch – Manual Guide – Analysis and Forecasts – May 28, 2024
introduction trend punchA revolutionary forex trend indicator that will change the way you trade! trend punch Uniquely designed to provide accurate buy and sell arrows during strong market trends, making your trading decisions clearer and more confident. Whether you’re trading major currency pairs or exotic symbols, Trend Punch adapts to all time frames, giving you the flexibility to trade the way you want.
In this section, we will discuss all the advantages of the indicator so that you can utilize it to its full potential.
Trend Punch Panel Description
This panel will automatically appear when you drag and drop Trend Punch onto a symbol.
One) Indicator name – Trend Punch
2) Symbolic name for the selected period.
three) This is a signal indicating the entry price.
4) TP 1 price with success rate based on previous signals. Hit TP1 and a green check mark will appear.
5) TP2 price with success rate based on previous signals. A green check mark appears when TP2 is attacked.
6) TP3 price with success rate based on previous signals. When you attack TP3, a green check mark will appear.
7) SL price. If the SL is correct, a green check mark will appear.
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8) Total number of previous signals.
9) This is the win-loss ratio of the previous signal.
10) Number of candles relative to the last signal.
11) This is the total profit (points) of all signals combined.
12) Total success rate (%) of all signals combined.
13) This is the quality rating of the current trend.
These inputs appear automatically when you connect an indicator to a chart.
— Trend Punch Settings —
Trend calculation length // 14 by default. This is a custom time period used to calculate trend strength.
P+ calculation // By default it is 66. This is a custom calculation used to calculate small trends within a larger trend.
N-calculation // By default it is 30. This is a custom calculation used to calculate larger trends.
— visual —
Visual display // True by default. All effects are displayed in the chart.
bull color // This is the color of the accent line effect.
bear color // This is the color of the bearish line effect.
— warning —
terminal warning // True by default. Buy/sell signal notifications will automatically appear in your Metatrader 4 terminal.
Push Alarm // True by default. Buy/sell signal notifications will automatically appear in the Metatrader 4 application on your phone.
— statistics —
Take Profit 1 (in points) // By default it is 100. You can change the point number of TP1. It depends on how long you use it.
Take Profit 2 (point unit) // By default it is 200. You can change the point number of TP2. It depends on how long you use it.
Take Profit 3 (point unit) // By default it is 300. You can change the point number of TP3. It depends on how long you use it.
Stop loss (points) // By default it is 500. You can change the point number of SL. It depends on how long you use it.
Buy Arrow Colors // You can change the color of the number of arrows that appear on the chart when a new signal appears.
arrow color sale // You can change the color of the sell arrow that appears on the chart when a new signal appears.
stop loss color // You can change the color of the stop loss indicator that appears on the chart when SL is reached.
Take Profit Color // You can change the real-time Take Profit color that appears on the chart when TP is reached.
Can I use Trend Punch with other confluence indicators?
of course! Once you purchase trend punchHere is another indicator: support and resistance It acts as a very powerful verification filter. For more information on how to obtain this indicator, freePlease inquire privately!