Buy Sell Swing Signals Pro

Buy Sell Swing Signals Pro

1. Entry Signals

The indicator provides visual cues based on market swings:

• Buy Entry: Wait for a Green Arrow to appear at a market low.

• Sell Entry: Wait for a Red Arrow to appear at a market high.

• Execution Tip: It is best to wait for the candle to close to ensure the signal is confirmed and does not repaint.

Detailed Entry Strategy

The indicator identifies potential price reversals at the “peaks” and “valleys” of market movements.

• The Signal Candle: When a Red Arrow (Sell) or Green Arrow (Buy) appears, do not jump in immediately. Wait for that specific 5-minute candle to close. If the arrow stays on the chart after the close, enter on the start of the next candle.

• The “Swing” Logic: The indicator looks for moments where the price has stretched too far in one direction (Overbought or Oversold) and is likely to “swing” back toward the average.

2. Take Profit (TP) and Stop Loss (SL)

According to the indicator’s specific instructions:

• Take Profit (TP): Set a target of 20–50 pips for both Buy and Sell trades.

• Stop Loss (SL): While not explicitly written on the chart, standard practice for swing indicators is to place your SL slightly below the swing low for Buys and slightly above the swing high for Sells to protect against reversals.

Precise TP/SL Placement

While the image suggests a 20–50 pip target, your Stop Loss (SL) is what keeps you in the game:

• For Buy (Green Arrow): Place your SL roughly 5–10 pips below the tail of the candle where the arrow appeared.

• For Sell (Red Arrow): Place your SL roughly 5–10 pips above the high of the signal candle.

• Trailing Stop: Once you hit 20 pips of profit, move your SL to the “Entry Point” (Breakeven). This ensures that even if the market turns around, you lose $0.

3. Risk Management & Lot Size

To achieve the suggested daily goal of $100–$300, you must manage your capital carefully:

• Risk per Trade: Never risk more than 1–2% of your total account balance on a single trade.

• Lot Sizes (Gold/XAUUSD Example):

  • Small Account ($500): Use a 0.01 to 0.05 lot size.

  • Medium Account ($2,000+): Use a 0.10 to 0.20 lot size.

• Lot Size Formula: Calculate your lot size based on your Stop Loss distance so that if the SL is hit, you only lose your predefined 1–2%.

To reach the $100–$300 daily goal mentioned in the image, you need to understand the relationship between pips and lot sizes:

Pro Tip: To make $100 a day with a 0.10 lot size on Gold, you need a total move of 100 pips (which could be two successful 50-pip trades).

4. Best Practices

• Timeframe: The chart shown is an M5 (5-minute) chart, which is ideal for scalping.

• Market Context: Use these signals in the direction of the overall trend (e.g., only take Buy signals if the higher timeframe trend is up).

• Assets: This specific indicator is optimized for Metals (Gold/Silver) and Crypto (Bitcoin/Ethereum).

Avoiding “False” Signals

Indicators can struggle during “Sideways” (Ranging) markets where the price moves flat.

• The Trend Filter: Look at the overall slope of the candles. If the market is making “Higher Highs,” ignore the Red Sell arrows and only trade the Green Buy arrows.

• Time of Day: Use this indicator during the London or New York sessions (when volatility is high). Avoid trading during the slow “Asian session” as the 20–50 pip targets may not be reached.

Technical Specifications

• Platform: MetaTrader 4 (MT4) Terminal.

• Format: Digital Download (Secure ZIP Archive).

• Installation: Quick and easy setup—copy and paste into your MT4 Indicators folder.