Jump to content

PIPFINITE trend pro stepma indicator trading system long term system


Guest EA-trader

Recommended Posts

Guest EA-trader

Buy in the direction of the weekly and monthly trendlines , this will reduce choppy false breakouts.

Sell in the direction of the weekly and monthly trendlines , this will reduce choppy false breakouts.

This one uses daily charts for trading

Stop loss :blue line on stepma_v9_pipfinite_prow + 30 pips

Short entry :below stepma_v9_d orange // after price falls from above in last 4 hours

Long entry :above stepma_v9_d orange //after price rises from below in last 4 hours

Profit target :300 pips

Close when trend line breaks on weekly charts, until then run your profits.

If blue line is flat do not trade reversals on daily /weekly trend // this is a option

Indicators are attached.Same indicator for different time frames , moving average indicator called step ma  = step  moving average

 

More information about the indicators

 

copyright and information

pipfinite.jpg

stepma_v9_d.mq4

stepma_v9_nmc.mq4

stepma_v9_PIPFINITE_PRO.mq4

stepma_v9_PIPFINITE_PROw.mq4

Link to comment
Guest EA-trader
18 minutes ago, TrendFollower said:

How credible is this 'PIPFINITE' trading system?

Who is the company or individual behind such a system? How credible are they?

None of the links work or they may have been removed by IG, not sure which. 

Is this post not an informal way of marketing a product to the IG Community which may not be suitable?

I use the free version  from the mql5site , the pipfinite may very well be the same indicator. I am just showing you it is the same thing  if you change the settings on it, it is available freely on the mql5 site , see link I posted, it is in that thread.I have also downloaded it on this site

I have made many profitable EAS using this free indicator called stepma, but pipfinite  is a commercial product without trademarks.  It does the same job as pipfinite.Go enjoy their marketing on youtube and laugh at the fake claims.

Posting similar indicators like pipfinite, is most likely to discourage people to buy the commercial products , because they are only freely available indicators.

 

At the end of the day, it is only a simple moving average indicator, one of the thousands of renamed and rehashed simple moving average indicators.

Link to comment

Yes it looks like an auto IG control not accepting them. They don't look like links but rather mq4 program files, in the old community platform they introduced a coding attachment to help post them on the forum so probably no real reason why these should be stopped.

The bottom line is that all systems/indicators/bots work ... sometimes. Everything is profitable ... sometimes.

So you can rightly say that anything is profitable, except for the times it's not, but there's no need to mention that - it just spoils a good story.

 That's why there are so many thousands of them out there, they have all worked for someone at some time until they didn't. 

Link to comment

Yup it’s an extension which is likely to not be supported and rightly so. Otherwise people click on the link and it’ll auto download software which no one wants.

id remove the links if I was you and link to a webpage. Again as said about even that may be seen as promotion...

Link to comment
Guest EA-trader

If people don't like this indicator , they don't have to take it .The moderators can remove them and define clear rules for not posting them .They should disable the ability to upload mql files in the future.

 

Anyway this indicator is better than a lot indicators, it kept giving me better results, compared to simple moving averages, on back tests  on eur/usd,gbp/usd. dow and dax.Maybe it repaints.

 

The indicator is available on google search  for  StepMA_v9.mq4 .Just play around with the settings , you will find the same results as pipfinite , with a few long term weekly trendlines.

 

 

 

Link to comment
Guest EA-trader

There is something very good about this indicator, that people don't realize.

Unlike a  normal moving average indicator, this one incorporates  a volatility increase input , into the reading of the indicator.It is easier to filter out trends from fakes moves , by adding volatility increase over the period of the indicator  readings. In trend prices  tend to be more volatile, if it was not more volatile , there is no serious trend.

So the stepma metatrader indicator is a quite good because of the following code.

StepSize (in points) is average noise or average volatility for the certain quantity of bars ( BarsNumber=0 for full history ).

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • Is very obvious that dogs and cats are the best friend to human considering these are the most prominent meme communities in the crypto space. Well toad, rabbit, ****, bull etc all tried but Cats and Dogs meme remain top community. The love for this two can be traced to the pioneering pet of Atsuko Sato (Cat and Dog), the dogs inspired Shiba inu and doge.   Now, the Cats meme communities are pushing for the exposure of “Cate” known as the Kabosu Mama. They believe that CATE isn’t just any cat but a legendary meme feline that has been the best friend to the famous $DOGE and now extends a paw of friendship to $NEIRO.   Currently, $CATE is trending after many top exchanges listed the meme.  I wonder if this might be the next doge or shiba but considering its tokenomic and total supply I think is worthy to add to watchlist. Also considering this is related to the Sato family will it become the top cat community meme?        
    • Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained steady around the $58,000 mark over the weekend. This stability comes as a contrast to other popular altcoins like Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), which all experienced declines. The Market Fear & Greed Index reflected this sentiment, standing at 39 out of 100, indicating a state of "Fear" in the market. Among the altcoins, Nervos Network (CKB) emerged as the biggest gainer with a 5% increase over the past 24 hours. On the other hand, Bittensor (TAO) saw the steepest decline, with a 9% drop in the same period. What to Expect from the September Fed Meeting Fed Meeting Overview The US Federal Reserve’s meeting on September 17-18 is expected to announce an interest rate cut on September 18. The market predicts a higher chance of a 50 basis points (bps) cut compared to a 25 bps cut. Data from CME FedWatch and Polymarket shows a strong likelihood for a 50 bps reduction. Historical Context This will be the first rate cut since March 2020. Previous rate cuts have historically benefited Bitcoin, as seen with the 2021 bull run. Potential Impact on Bitcoin Short-Term Outlook Doctor Profit, a crypto analyst, warns of potential short-term declines in Bitcoin if the Fed announces a rate cut. Market uncertainties, like geopolitical issues, could increase volatility. He advises careful risk management during this period. Long-Term Forecast Doctor Profit remains positive about Bitcoin’s long-term outlook. He expects Quantitative Easing (QE) to increase market liquidity, benefiting Bitcoin. Additionally, liquidity from FTX creditors in Q4 could further support Bitcoin’s price. Future Rate Cuts Citi analysts forecast a total Fed rate cut of 1.25% this year. Further rate cuts may follow the September meeting, impacting Bitcoin and the broader crypto market.
    • BHARTI AIRTEL – BHARTIARTL (1D Chart) Elliott Wave Technical Analysis Function: Larger Degree Trend Higher (Intermediate degree, orange)  Mode: Motive  Structure: Impulse  Position: Minute Wave ((iii)) Navy  Details: Minute Wave ((iii)) Navy looks complete around 1650-55 range. If correct, expect a corrective Wave ((iv)) Navy before the next leg up. Alternatively, Wave 5 Grey of Intermediate (5) is now complete.  Invalidation point: 1423 Bharti Airtel Daily Chart Technical Analysis and potential Elliott Wave Counts:  Bharti Airtel daily chart has registered a fresh high around 1600-50 on September 13, 2024. It could be Minute Wave ((iii)) Navy complete as bears look to drag prices lower near-term. Watch out for support around 1500-50 range before the final push higher.  Bharti Airtel has been in a religious uptrend since August 2023 after hitting lows around 850 mark, terminating Intermediate Wave (4) Orange. Minor Wave 4 terminated around 1225 on June 04, 2024 and Minor Wave 5 is progressing since then.  Furthermore, the stock may pullback in the near term towards 1500-50 range before attempting another high above 1650 to complete Minor Wave 5 Grey. Alternatively, Minor Wave 5 is complete around the recent high (1600-50) and prices should resume lower soon. BHARTI AIRTEL – BHARTIARTL (4H Chart) Elliott Wave / Technical Analysis:  Function: Larger Degree Trend Higher (Intermediate degree, orange)  Mode: Motive  Structure: Impulse  Position: Minute Wave ((iii)) Navy  Details: Minute Wave ((iii)) Navy of Minor Wave 5 Grey looks complete around 1650-55 range. If correct, expect a corrective Wave ((iv)) Navy before the next leg up. Alternatively, Wave 5 Grey of Intermediate (5) is now complete.  Invalidation point: 1423 Bharti Airtel 4H Chart Technical Analysis and potential Elliott Wave Counts:  Bharti Airtel 4H chart highlights the sub waves within Minor Wave 5 Grey. Minute Wave ((ii)) produced a potential triangle while Wave ((iii)) looks complete around 1650. If correct, bears should be back in control in the near term to carve Minute Wave ((iv)). Conclusion:  Bharti Airtel cold slip lower to carve Minute Wave ((iv)) Navy towards 1500-50 before resuming higher gain towards 1650 as bulls prepare a final push. Elliott Wave Analyst: Harsh Japee Source : Tradinglounge.com get trial here!  
×
×
  • Create New...
us