M1 Gold Indicators MT4 is a professional indicator designed for GOLD analysis on 1 minute time frame (M1). Upgraded design based on Max Payne indicator. M1 Gold is a professional indicator designed for Metatrader 4 (MT4) platform. The indicator is professionally designed for GOLD analysis on 1 minute time frame. Integrating various analysis parameters helps Traders make Gold wall indicators at high speed.
Features and uses of M1 Gold
Features:
- Arrow indicator type: Based on Max Payne system, showing signals with arrows.
- M1 trading: Specially designed for XAUUSD pair on M1 timeframe.
- No repaint/backpaint: Signals do not change after appearing.
- Use 2 custom arrow indicators: Combine 2 indicators and trend filter (Max Payne).
- Backtest table: Evaluate signal effectiveness with information such as win rate, number of winning/losing trades, number of winning pips.
- Adjust the number of history bars: Users can change the number of history bars for backtesting.
How to use:
- Use Raw Spread account.
- Use M1 chart.
- Can be used on renko or other timeframes: However, settings need to be adjusted, including take profit (TP) and stop loss (SL).
Parameters:
- History: Number of historical signals to show.
- Signal period: Period of the entry arrow.
- Filter: Filter for the entry arrow.
- Confirmation arrow:
- Signal period: Period of the confirmation arrow.
- Filter: Filter for the confirmation arrow.
- TREND FILTER: General trend direction filter.
- General Settings:
- TP: Take profit value in points.
- SL: Stop loss value in points.
M1 Gold MT4 Reviews
M1 Gold red and blue arrow system gives traders specific and effective signals in the Gold analysis market and especially on the M1 timeframe.
Recommended Settings
- Trading platform: MetaTrader 4 (MT4)
- Currency Pairs: XAUUSD / GOLD
- Timeframe: M1
- Product Type: NoDLL / Fix
What’s in the package?
- Indicators: M1 GOLD ARROW.ex4
- description.txt
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
What’s in the package?
- Indicators: M1 GOLD ARROW.ex4
- description.txt
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