
Dow Jones Stock Market index
June 28, 2023
Forex Expert Advisor (EA)
June 30, 2023Amazing Signal
“Amazing Signal” is a complete trading tool designed primarily to trade the FOREX
markets successfully and consistently.
The “Amazing Signal” uses a very special algorithm based on custom advanced (no
repaint) versions of 3 Forex indicators + a custom price action filter.
You will get an ARROW signal on your chart ONLY if all the indicators and filters
are in agreement! The signals (arrows) are never REPAINTED!
Make sure to read all the recommendations and especially “How to use the
software (and when) – 3 rules”.
We advise that you read and make sure you understand the entire system before
putting it into practice. Experiment and gain experience in demo accounts before
trading with your own money. If you find that you need further help or have any
questions, do not hesitate to contact our technical department.

Parameters:
Important: I tried to speed up the software as much as I can, but in this case
there is always a possibility of getting a false entry signal. If you prefer safer
trading – you can change the SignalPeriod ( by default set to 12 – indicator02 ) for
example to “20” and get a 1 bar delayed (confirmed!) entry signal BUT less (
which is the most important) FALSE entry signals on a sideway trends.
False signal example: BUY then SELL in 1-2-3 bars only.
(in most cases caused by a news releases – unexpected price moves)Stop Loss :
As you can see from the screenshots below – all the buy and sell signals are
highly accurate – that means you can keep your stop loss very tight.
number in the indicator INPUTS – by default 100 – for 5 digits broker it is equal to 10
pips.
Remarks : the preset extra number will be added to the previous bar high or low and
displayed in your popup alert ( 100 = 10 pips for 5 digits brokers, 10=10 for 4 digits
brokers) – change it if you like a tight stop loss for example 5 pips =50 for 5 digit
brokers or =5 for 4 digit brokers)Exiting Trades (take profit) :
- Exit trades when the software issues the opposite trading signal. This
ensures that you trade with maximum profits and right before the market
reverses. - Set your own profit target, for example 30 pips per trade and exit all trades as
soon as you reach your profit target – do not wait until the software gives you an
opposite signal. This is the safest way of trading and reduces your risk level.
How to use the software (and when) – 3 rules
Dear member! If you want the software to be profitable for you – you have to
follow all the trading rules. If you don’t follow even one of the rules below – I can
not guarantee to you a good winning ratio. I agree and understand that it is not
easy to be a disciplined trader and always follow the rules – but we have to do it.
Otherwise you will not be able to make a consistent profit with any buy/sell
software or indicator:
Try to use the indicator ONLY during the London or US sessions (starting 1-2 hours
before the opening is fine) It is risky to use the signals (not only this one but all
others as well!) on a weak/slow market – outside recommended London or US
sessions.
Any buy/sell software may not work properly in a weak market, this has been
proven many times…
Sometimes You are lucky and the market is strong and trending outside the
U.K. and U.S market, but sometimes market can be very ranging outside
recommended trading hours especially on a small timeframe like M5 (sample
below).
Once again I recommend to use the signals only on U.K. and U.S. sessions.a clear strong trend:
-Identify a current trend. (Remember? The trend is your friend?)
-Ignore all signals against a current trend! Example:
Trend is up – but you get a “sell” signal ( ignore it!) Wait for a “buy” signal to
enter.
Do not trade on a side ( sideways trend) – ignore all signals.
This rule is extremely important – MUST follow rule. If you don’t follow this rule
– you will fail…
Pairs :
GBP/JPY, EUR/USD, USD/JPY, GBP/USD and all other major pairs.
(GBP/JPY – is great pair to start with)
Timeframes :
1-min (risky!), 5-min, 15-min, 30-min, 1-hour, 4-hour, 1-day
Money Management :
Money management is a very important concept that has an enormous effect
on drawdowns and margin calls. The cardinal rule of money management is
the following:
You should only risk 1-3% of your account on any single trade. You may
have heard this rule a hundred times before, but it is amazing to see how many
good traders fail to comprehend this concept – and don’t understand why they
are wiped out again and again, despite great entries and timing of trades.