• Home
  • About
  • Contact

Forexobroker

Download Our Forex Strategies and Indicators

  • Strategies
  • Articles
  • Dom’s Forex Course
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Hawkeyemt4 Indicators

August 18, 2015 by Dominic Walsh 1 Comment

This is a collection of five indicators. The indicators come in different set ups which needs to be inserted on the trading chart differently. That is you have to insert each of the indicators differently on to the MT4. It is left to the trader to choose which combination to use. However in this article we are going to discuss what each of the indicators do and then show how to use all in combination to trade.

This combination of indicators is one of its kind and it is actually one of the best recommendation for the forex beginners. It ensures that before the trader open any trade, the signal given is viable and at no one point will the trader close with a loss. If these indicators are used accordingly and in the right way the trader should make a profit of around 300 pips a day.

Hawkeyemt4 Indicators

Fig.1. The Hawkeyemt4 Indicators inserted onto the MT4.

As seen from the chart above, the indicators complement each other and they are harmonious to each other. This means all the indicators indicates the same trend. However each of the indicator acts to confirm whether really it is a good time to place an order.

The VSA_TrendDiamonds indicator is responsible for the formation of a line that is formed by red, white and green squares. The trader should always trade only when the color of this line is either red or green. When the color is white the trader should avoid trading. In actual sense, when the color of the line is either green or red, all the other indicators have given their signal.

The vasily pip sniper on the other hand displays red and blue bars on a separate chart below the main trading chart. The red bars are formed to show it is the right time to trade while the blue bars are formed when it is not the right time to trade. The blue bars are formed when the VSA_TrendDiamonds indicator line is white.

The trend value indicator on the other hand gives the range of the previous day highs and lows. The purple line shows the highs while the green line shows the lows. This is of importance when placing your stops.

The beginner indicator is the first to give its signal which is in form of either a red or a blue dot. The trader should wait for all the other indicators to give their signals. This indicator is based upon the SHI_SilverTrendSig.

Placing orders using the Hawkeyemt4 Indicators

The traders should use the VSA_TrendDiamonds indicator to place his or her orders since it is the last to give its signal hence giving a very refined signal.

Placing a sell order:

The conditions for placing a sell are:

  1. The beginner indicator should have formed a red dot.
  2. The Vasily Pip Sniper should be forming red bars.
  • The VSA_TrendDiamonds indicator line should be red.

Once you open a sell, it should be closed when the VSA_TrendDiamonds indicator line changes its color to white.

Placing a buy order:

The conditions for placing a sell are:

  1. The beginner indicator should have formed a blue dot.
  2. The Vasily Pip Sniper should be forming red bars.
  • The VSA_TrendDiamonds indicator line should be green.

Once you open a sell, it should be closed when the VSA_TrendDiamonds indicator line changes its color to white.

Example of how to place orders using the Hawkeyemt4 Indicators.

Hawkeyemt4 Indicators

Open demo account to test this system.

Download Free Forex Hawkeyemt4 Indicators

Download Hawkeyemt4 Indicators

Filed Under: Free Metatrader Indicators Tagged With: dots indicator, line indicator

Comments

  1. denis says

    August 18, 2015 at 12:24 pm

    It is very good idea to post not systems, but rather sets of indicators sdo that we could use some of those acoording to our own would-be systems.

    Many thanks,
    Denis

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • RSS
  • Twitter
  • YouTube
Forexobroker

Archives

  • June 2022 (4)
  • May 2022 (9)
  • April 2022 (5)
  • March 2022 (7)
  • February 2022 (7)
  • January 2022 (7)
  • December 2021 (1)
  • November 2021 (4)
  • October 2021 (3)
  • September 2021 (4)
  • August 2021 (2)
  • July 2021 (1)
  • June 2020 (7)
  • May 2020 (7)
  • April 2020 (9)
  • March 2020 (7)
  • February 2020 (10)
  • January 2020 (3)
  • November 2019 (1)
  • September 2019 (3)
  • August 2019 (3)
  • June 2019 (1)
  • December 2018 (1)
  • November 2018 (4)
  • October 2018 (9)
  • September 2018 (14)
  • August 2018 (5)
  • July 2018 (8)
  • June 2018 (3)
  • May 2018 (9)
  • April 2018 (3)
  • March 2018 (10)
  • February 2018 (9)
  • January 2018 (13)
  • December 2017 (12)
  • November 2017 (14)
  • October 2017 (3)
  • September 2017 (3)
  • August 2017 (13)
  • July 2017 (25)
  • June 2017 (21)
  • May 2017 (20)
  • April 2017 (21)
  • March 2017 (15)
  • February 2017 (16)
  • January 2017 (18)
  • December 2016 (11)
  • November 2016 (21)
  • October 2016 (63)
  • September 2016 (24)
  • August 2016 (22)
  • July 2016 (16)
  • June 2016 (16)
  • May 2016 (16)
  • April 2016 (23)
  • March 2016 (29)
  • February 2016 (22)
  • January 2016 (22)
  • December 2015 (29)
  • November 2015 (28)
  • October 2015 (30)
  • September 2015 (41)
  • August 2015 (52)
  • July 2015 (47)
  • June 2015 (55)
  • May 2015 (50)
  • April 2015 (58)
  • March 2015 (22)

  • Home
  • About
  • Contact

Categories

  • Strategies
  • Articles
  • Dom’s Forex Course
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Visit Our Forex Strategies And Forex Indicators Below:

Forex Trading Strategies

Free Forex Indicators

Paid Forex Indicators

Paid Forex Strategies

“Our order process is conducted by our online reseller Paddle.com. Paddle.com is the Merchant of Record for all our orders. Paddle provides all customer service inquiries and handles returns.”

© 2015-2022 Forexobroker

Copyright © 2022 · Magazine Pro Theme on Genesis Framework · WordPress · Log in