GOLD Impulse with Alert Indicator USER MANUAL
This indicator is part of a complete trading strategy!
The 28Pairs Currency Strength Trading System – also known as Double-GAP Strategy – is our primary trading philosophy and is based on exploiting individual currency strength and weakness. Please click here.
What is GOLD Impulse with Alert Indicator?
https://www.mql5.com/en/market/product/92810
Best Solution for any Newbie or Expert Trader!
This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula.
This indicator is a super combination of our 2 products Advanced Currency IMPULSE with ALERT and Currency Strength Exotics.
It works for all time frames. You will quickly be able to see a move! Designed on new underlying algorithms it makes it even easier to identify and confirm potential trades. This is because it graphically shows the strength or weakness of the 8 main currencies plus one Symbol!
This Indicator is specialized to show currency strength acceleration for any symbols like Gold, Exotic Pairs, Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength accelerating (Impulse or speed) of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc.
Built on new underlying algorithms it makes it even easier to identify and confirm potential trades. This is because it graphically shows whether the strength or weakness of a currency is accelerating or not and measures the speed of that acceleration – think of it like the speedometer in your car. When you accelerate things obviously happen faster which is the same in the Forex market i.e. if you pair currencies that are accelerating in the opposite directions you have identified a potentially profitable trade.
The dynamical Market Fibonacci 23 level is used as an alert trigger and will adapt to market activity. If the impulse hits the yellow trigger line you will receive the alert on MetaTrader or your email or push alert (phone). Then you know as a trader what to do. The pair and direction are already given. Just click on the alert button to switch to the pair or to open a new chart for your further analysis. The alert level can be changed by user input and 3 Sensitivity-levels can be chosen.
Vertical lines and arrows for currency momentum will guide your trading!
This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity?
Get the initializing trigger of a new trend early! This acceleration and deceleration can be used by both swing traders and scalpers. To swing traders it shows when a new trend has been triggered and to scalpers, it shows which pairs are going to have movement. From our clients and our own experience, we know the two indicators work so well together that it is truly a case of 1+1= 3!
Indicator Settings
- link for user manual (this blog)
==== EXOTIC settings
- fix EXOTIC pair name (empty for XAUUSD and auto detect) (enter exotic pair name be fixed)
- auto-get EXOTIC pair name from chart (do auto detect exotic pair name from the chart)
- EXOTIC reverse line manually (Gold is reversed) (most products need be line-reversed because priced in USD)
- autodetect EXOTIC to reverse line (Automates the function above. If USD is found as base currency like USDMXN, USDSEK, the line will not be reversed.
- suffix for currency pairs (if EURUSD is called like EURUSDm then enter m)
==== Indicator Settings
- use currency specific characteristics (each currency will be handled by its own)
- Sensitivity – Slow/Medium/Fast sensitivity.
- Line width base and quote CS (make thicker the currency of the chart)
- show USD line always thick (used with indexes…)
- Line width other 6 CS (the other currencies which are not part of the chart)
- Line other 6 CS dotted if width=1
- EXOTIC Line width same other 6 CS (false: exotic line always thicker)
- HIDE the other 6 CS lines (show only base and quote currency line)
- HIDE EXOTIC line if symbol is not on chart (true: no exotic line if a currency selected)
- draw bull and bear V-Line – Currency strength speed sentiment.
- sGAP value for V-Line (higher=stronger).
- show Bars back (how many candles back the indicator prints the currency lines)
- Show CS labels end of line
- show values in main=0 or sub-window=1.
==== Alert Settings
- alerted chart open in new window – false for change chart in the same window.
- alert on the live or closed candle.
- CS-Impulse Trigger at market Fib (higher=stronger).
- draw arrow for Impulse alert.
==== General Alert Settings
- popup Alerts – popup MetaTrader 4 alerts. It will tell strongest or weakest currency, value, possible trade pair.
- send email alerts – receive alert email, enter your credentials in your MetaTrader 4.
- send push alerts – to your phone.
==== Color settings
- You know how to use it. Euro is white, please change if you use white chart background.
=== other settings
- open support charts! – Special: to update automatically the MetaTrader 4 history, 7+1 support charts will be opened! This function can be deactivated.
- run support charts also on cross pairs!.
- arrow size (1 to 5)
- Font size button
- CS label size
- alert position X
- alert position Y
- Font spacing X (big screen) ( This is for those who have a big 4K monitor. It might be needed to add to horizontal spacing of the buttons.)
- Font spacing Y
- Panel background spacing X
- Panel background spacing Y
- Label font
- arrow and alert delay seconds after restart (3 to 30)
- better CPU use, pause on ticks (2-200)
- Comma separated pair exclude list (no alert)
- use PIN (For external tools or EA import)
Tips
- Use my template.
- The Alert trigger value can be edited at any Market Fibonacci level in settings. It can be any number. The default is 28. The yellow line shows the level on the chart.
- Then we see the numbers of the highest and lowest Impulse value.
- Followed with the Currency which reached the trigger value (if there is any).
- A button will then pop up with a suggested pair. By click on it, it will change the pair on the chart. The button may change or disappear if conditions are no longer met. Still, you can have a look at the chart.
- Use “open chart in new window” if you do not want to interrupt the indicator.
- Check my news and blogs on profile for trading system and trade examples.
- Study the complete trading system.
- Send me a private message to get the latest information.
Ones you got the indicator(s) request the STARTER-PACK email (manual) with more info, links, templates, and stuff. I want to make sure of your success!
I will always help you if you have any questions.
I wish you many green pips in the future.
Best regards, Bernhard
Place a comment on the indicator page at mql5 so we can verify your purchase and ask the special starter email.
We have decided to open up a brand new Forum for the Advanced currency strength system. We are opening the forum on our website where our loyal members can register.
The forum will be a place where we can support each other, discuss trading ideas, and make money in the market together.
To be eligible for joining the forum, you must:
- Own one of my indicators.
Please you fill the requirements for joining the forum on www.CurrencyStrength28.com
THIS MANUAL WILL BE continuously be UPDATED !! So check again.