Suggestion Karl Dittmann- Forex Secret Signal Indicator

Forex secret signal is a forex trading strategy. It uses a single indicator which looks like a MACD histogram. The system is really easy to understand. Any beginner forex trader should be able to trade this system with complete ease. Forex Secret signal system doesn’t use any complicated tools. The forex Secret signal system is a perfect system for the swing traders. This forex trading strategy can be used to trade with any currency pairs on any time frame. However it is not recommended to trade on 1 minute chart since the market is too choppy on 1 minute chart and even the less impact news events can create bigger fluctuations on 1 minute chart.

Forex secret signal indicator simply consists of red and green histograms which indicate the bullish and bearish market conditions respectively. The main idea of using this system is that you buy only when the histograms are green and sell only when the histogram is red. Making money in the forex market could have been lot easier if it was this simple to follow the system and grab pips. Actually we should accept the fact that the system itself is not the problem. Problem lies in our mind, our state of mind.

Fear and greed drive the traders so much that they forget their initial plan and they follow the path of destruction. One cannot stick to his/her plan due to the lack of self discipline. One should develop habit of making a trading plan and following it no matter what. A well planned trade means defining your entry and exit levels even before you enter the trade. Most of the traders who lose in the forex market open position before and begin to think after that which is a guaranteed method to failure.

Please read the attached user manual.

Good Luck.

 

thank you for explanation and indicator

 

You are most welcome.

 

after breaking code on mq4, i found repaint issues, need to modify, thanks...

 

Mql code? Here is it!

 

Thank you Euclides for the share.

 

Thank you...

 

thanks for sharing!

 

Thanks for share sir

 

hallo traders
AFAIK, most of Karl Dittman indicators are repaint indicator (maybe all of them, idk). Sorry to say that, just my opinion his indicators are curve fitting model, and when we use those indicators, there will be a lot of false signal. Except you can integrate them with anothers to make a better system/strategy. So guys be carefull when using those indis.

 

Oh repaint?

 

try it for yourself, put on M1 chart let it run for about 10 or 15 minutes or longer if you want, take a screenshot, change into M5 and back again to M1, take SS again, and compare both SS. maybe you can share the results and tell us how it works. oh 1 more, maybe you want to write down every bar value to be compared.

Regards

 

Ok, thanks sir

 

Thank You

 

Hi,

That is not EA?

 

Thank you for your good sharing

 

This is my review for this thread:
good

 

thanks my backtes for demo account.

 

thank you

 

Thankyou to share good indicator, might useful for fellow trader
by the way I am still trade manual trading naked chart full speculation
on micro account firewoodfx now