Flanity Indicators come as a set of 8 indicators that work together. It takes into consideration; momentum, volatility, trend, trend reversal, and key support/resistance zones. It also comes with a template file. It is excellent for all currency pairs, XAUUSD, XAGUSD, cryptocurrencies, and even stocks.
Don't worry about how many they are, because only 3 will give you an entry and confirmation signal, the rest are just there to make the chart look good.
Install it on a dark themed chart. (green on black)
INSTALLATION GUIDE: Copy and paste all 8 indicators in the "data folder" of your mt4(>file). In the "navigator" section, right click on "indicators", and "refresh". The 8 indicators should show under indicators.
1. Drag and drop FL01, FL02, and FL07, on the chart. FL07 opens an indicator window below.
2. Drag and drop FL10, FL11, and FL13, on the chart too.
3. Drag and drop FL22 and FL23 on the indicator window created by FL07 earlier.
N/B: Remember to allow DLL imports for all of them.
Alternatively, you could use the template, but it is not advised.
RULES OF SELL ENTRY
1. FL11 indicator appears within, above, or very close to the upper band/channel, colored red. (These band are formed by the FL01 and FL02 indicators)
2. Wait for the FL22 trend indicator to turn red.
Wait for the FL23 indicator to trend down in white color. That is, its blue line should be horizontal while the white line starts moving downwards. (N/B: These two indicators are in the indicator window below.)
Then Sell.
Close Sell Trades:
1. Close some open positions when price/candle stick is on /in the upper channel/band.
2. Close the rest when there is a buy signal by the FL11 indicator.
RULES OF BUY ENTRY
1. FL11 indicator appears within, above, or very close to the lower band/channel, colored blue. (These band are formed by the FL01 and FL02 indicators)
2. Wait for the FL22 trend indicator to turn green.
Wait for the FL23 indicator to trend upwards in blue color. That is, its white line should be horizontal while the blue line starts moving upwards. (N/B: These two indicators are in the indicator window below.)
Then Buy.
Close Buy Trades:
1. Close some open positions when price/candle stick is on /in the lower channel/band.
2. Close the rest when there is a sell signal by the FL11 indicator.
When you follow these instructions, these set of indicators will be the best thing that ever happened to your trading life.
Carefully and patiently go through these detailed pictorial descriptions:
(1a-e). As seen in the image above, at 1a the FL11 has issued a sell signal (Note that the yellow star is inside the upper channel/band.) But you shouldn't take the trade yet because as seen in 1b, the FL22 & Fl23 indicators are not complaint with the rules. You should wait and sell in 1c because as seen at 1d the FL22 & FL23 are complaint with the rules there. The rules are that; (1) the FL22 line should turn red, (2) the FL23 white line should start trending downwards while its blue line is moving horizontally.
Close some sell trades at 1e because the candle stick/price has entered the lower band/channel. Make sure to set break even for the remaining trades, or just use a trailing stop EA to trail your stops.
(2a-e). As seen in the image above, at 2a the FL11 has issued a buy signal (Note that the yellow star is below the lower channel/band.) But you shouldn't take the trade yet because as seen in 2b, the FL22 & Fl23 indicators are not complaint with the rules yet. You should wait and sell in 2c because as seen at 2d the FL22 & FL23 are complaint with the rules there. The rules are that; (1) the FL22 line should turn green, (2) the FL23 blue line should start trending upwards while its white line is moving horizontally.
Close some buy trades at 2e because the candle stick/price has entered the upper band/channel. Make sure to set break even for the remaining trades, or just use a trailing stop EA to trail your stops.
Study the chart with (3a-e) and (4a-e). (On the first image above.)
These indicators when combined properly, give an over 90% win rate. I say 90% because not all TPs hit all the time. For instance if you open 3 trades, 2 will hit TP while the 3rd may not. So that is what reduces its win rate to 90%. I could've said 100%, these set of indicators are just awesome.
See some more examples on the image above.
Some really rare false signals:
Feel free to email me for more assistance, after purchase. (www.ashantipearls1@gmail.com)
