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Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Sat Oct 14, 2023 8:17 am
by xzeraxx
hey there i recently published 2 arrow indicators that are based on supertrend osma , and 3ma cross strategy's , both come with tp and sl target that get drawn on chart and both have backtesting dashboard that give win/loss stats ..etc
you can get them for free on mql5 site , in return please leave me a review as i want to improve my rating ,
SuperOsma Arrow (based on 3 supertrends and osma strategy) :https://www.mql5.com/en/market/product/106052
Statistic Arrow (based on 3ma cross strategy) :https://www.mql5.com/en/market/product/106490
excuse my english im not native.

Re: Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Sat Oct 14, 2023 9:26 am
by Chickenspicy
Renko

Re: Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Sat Oct 14, 2023 11:46 am
by xzeraxx
it is not designed for renko , it will give false backtest as the calculation will be wrong on renko (when bar close it calculate its open wrongly)
however , it will work on point o renkos , as the have same size in reverse.

Re: Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Sat Oct 14, 2023 12:07 pm
by Jimmy
xzeraxx wrote: Sat Oct 14, 2023 8:17 am hey there i recently published 2 arrow indicators that are based on supertrend osma , and 3ma cross strategy's , both come with tp and sl target that get drawn on chart and both have backtesting dashboard that give win/loss stats ..etc
you can get them for free on mql5 site , in return please leave me a review as i want to improve my rating ,
SuperOsma Arrow (based on 3 supertrends and osma strategy) :https://www.mql5.com/en/market/product/106052
Statistic Arrow (based on 3ma cross strategy) :https://www.mql5.com/en/market/product/106490
excuse my english im not native.
I see a lot of links in this post to the MQ5 Market so I'm moving this to the Commercial Section.

If this is a mistake and you're genuinely wanting reviews and tips on your code, you have to upload your files to your post.

Thanks.

Re: Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Sat Oct 14, 2023 12:20 pm
by xzeraxx
Jimmy wrote: Sat Oct 14, 2023 12:07 pm I see a lot of links in this post to the MQ5 Market so I'm moving this to the Commercial Section.

If this is a mistake and you're genuinely wanting reviews and tips on your code, you have to upload your files to your post.

Thanks.
ok

Re: Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Fri Oct 20, 2023 3:56 am
by shinnosuke
xzeraxx wrote: Sat Oct 14, 2023 8:17 am hey there i recently published 2 arrow indicators that are based on supertrend osma , and 3ma cross strategy's , both come with tp and sl target that get drawn on chart and both have backtesting dashboard that give win/loss stats ..etc
you can get them for free on mql5 site , in return please leave me a review as i want to improve my rating ,
SuperOsma Arrow (based on 3 supertrends and osma strategy) :https://www.mql5.com/en/market/product/106052
Statistic Arrow (based on 3ma cross strategy) :https://www.mql5.com/en/market/product/106490
excuse my english im not native.
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hello xzeraxx, have you test this EA on ranging times? because i saw this is good at treneding markets only. what is your opinion?

Re: Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Fri Oct 20, 2023 2:03 pm
by xzeraxx
shinnosuke wrote: Fri Oct 20, 2023 3:56 am hello xzeraxx, have you test this EA on ranging times? because i saw this is good at treneding markets only. what is your opinion?
hey there , its not an EA its an indicator .. yes its is good at trending markets but also good at ranges if you are scalping , it depends on you mentality and style , for example i trade it using 0.8 ATR TP and 3.0 ATR SL , which means i get around 80 to 90% winrate with good results even in ranging markets as tp is not too big.

Re: Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Fri Oct 20, 2023 10:41 pm
by shinnosuke
xzeraxx wrote: Fri Oct 20, 2023 2:03 pm hey there , its not an EA its an indicator .. yes its is good at trending markets but also good at ranges if you are scalping , it depends on you mentality and style , for example i trade it using 0.8 ATR TP and 3.0 ATR SL , which means i get around 80 to 90% winrate with good results even in ranging markets as tp is not too big.
so can i said that the RRR is around 1:4 then?

Re: Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Sat Oct 21, 2023 1:24 am
by xzeraxx
shinnosuke wrote: Fri Oct 20, 2023 10:41 pm so can i said that the RRR is around 1:4 then?
hmm not quietly because atr is different from one signal to other ,, for example you might get a tp of 5 pips on one signal , but get a tp of 10 or 12 on another signal , so it is not a fixed RRR . but its a rewarding one , im trading it personally and im very happy with results . just made a nice trade on SP500.
but again this is how i trade and how i scalp the market , the indicator can be used as it fits your mentality and approach , as long as the results on dashboard are not negative , than go for it.

Re: Self made MT4 arrow indicators, free download and ask for your review in return

Posted: Sat Oct 21, 2023 3:31 am
by shinnosuke
xzeraxx wrote: Sat Oct 21, 2023 1:24 am hmm not quietly because atr is different from one signal to other ,, for example you might get a tp of 5 pips on one signal , but get a tp of 10 or 12 on another signal , so it is not a fixed RRR . but its a rewarding one , im trading it personally and im very happy with results . just made a nice trade on SP500.
but again this is how i trade and how i scalp the market , the indicator can be used as it fits your mentality and approach , as long as the results on dashboard are not negative , than go for it.
i see, are you using another indicator or trading system for filtering those signals? or just use this stand alone?
regards.