Past performance does NOT guarantee future gains but keep in mind Bitcoin, Litecoin and a few others are on deflationary cycles.įor full invite only access please contact DogeyBlaze.Īlert Script And Limited Time Free Trial Available. The Matrix Arrow Indicator Multi Timeframe Panel MT4 is a free add on and a great asset for your Matrix Arrow Indicator MT4.It shows the current Matrix Arrow Indicator MT4 signal for 5 user customized timeframes and for 16 modifiable symbols/instruments in total. Personally, I use the Daily and Weekly charts except during high volatility, and use a one or two bar trail depending on price action. The Step input gives price action some breathing space if desired.

Keep in mind the strategy tester does not calculate trading fees, therefore in most cases will work better on longer time frames. With a bit of tweaking we may be able to find charts and settings with even better performance. The price must be below the 50 period moving average. Non repaint indicator displays sell signals. If we test another moving average, let's try 29, and change our step input to 1, we get 85.71 % Percent Profitable with 9.22 % Net Profit. Non repaint indicator displays buy arrow signals. When applying this script to the Bitcoin(BLX) weekly chart with a 21 moving average the strategy tester gives us 33.33 % Percent Profitable results with 6.31 % Net Profit.

Some of this has to do with 21 being a Fibonacci sequence number, and also because of how Bitcoin price action has reacted to it's trend line in the past. Many Bitcoin traders use the 21 moving average on the weekly chart to make trading decisions. Keeping this in mind let me give an example how this indicator could be useful in identifying trends. This indicator can quickly and easily identify the past trading success of signals based on moving averages.Īccording to a moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random short-term price fluctuations. WELCOME to GOAT Signals Custom No Repaint Buy Sell Moving Average (MA) Strategy Tester!

Super arrow trend indicator no repaint