TradeIndicators

Martin Trend Profits

PLEASE READ: This indicator is an addition to the Martin Trend Line Candles indicator. Please get the Martin Trend Candles + Color Change Alert indicator first before this indicator :)

HOW TO USE
1. You will get notified every time a candle closes above or below the blue lines alerting you of the best take profit points for long and short trades that are initiated by the Martin Trend Line Candle + Color Change Alert indicator.

BONUS FEATURES
This indicator is coded to alert you of the best 'take profit' points while momentum is headed in a profitable direction. This means, if you get an alert to take profit while you are driving or at work and you can't get to your MT4 account or trading account right away, you will still have a generous amount of time to exit the trade since momentum is already heading in a profitable direction. This is an extra layer of security to help our traders profit on the go.

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INDICATOR IN ACTION
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View a full video tutorial on how to use this indicator at the link above.
Enjoy!
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ER.I think i forget how to set it up.Do i set take profit top line or bottom line
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Hi,travis.I think it would be great to have another link of intro of the indicator setting,i think you did a video before.That will be nice to look back how to use it.
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@brucebryan, You can set your take profit for top or bottom line. The bottom line for your short positions and top line for your long positions. I can't put third part links in the description but if you want to shoot me a PM I'll send you over the link to the tutorial on how to set it up :)
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brucebryan TradeIndicators
@TradeIndicators, Cheers.Can you send me the link then ,,Thank you.
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could I possibly have a trial of this indicator seems very profitable.
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ketro85 ketro85
would love to know if this needs to have "martin trend line candles + color change" or can you use it stand alone with say Heiken ashi candlesticks?
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@ketro85, This indicator doesn't have to be used with the Martin Trend Line Candles but it works best as exit points in accordance to the Martin Trend Line Candles as shown in the recent videos I've done. This indicator can be used with Heiken Ashi candles as well. Hope this helps!
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@ketro85, Absolutely! Send me a PM and I'll set you right up!
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how come all of your examples never any interrupting candle color changes.. I'm finding that that many times there will be a run of green or red candles with a few of the opposite color right in the middle which would cause you to pull out of the trade, especially when its near entry point. Back testing this shows me a lot losing trades. I understand you can adjust the number to increase and lower trend but it still doesn't erase the problem.. makes me wonder if your examples are cherry picked.. anyway just giving on honest feedback... im finding i just wait for big swings in volume and stay away when its seems sideways and sticking near the blue trend line...
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@Mweiler, I know exactly what you're talking about and this has to do with TradingViews visual processing data. For some reason, when you have the chart tight together like I do, it will (look like) some candles are red in a green uptrend and green in a downtrend. If you copy the chart exactly with the indicators and then open the chart fully up, you will see they are all green and red. I've done a few videos on this in the past. I wish TV would fix this since it does cause confusion sometimes. Just so you know, this does not in any way affect the alerts sent out by the indicators in case you were wondering.

As far as cherry picking, if you have been following me for some time you know that I show all losses and wins 100% transparent on the chart and videos for everyone to see. I even keep track of the indicators performance with wins and losses calculated on every video which you can see under the performance section in the top right. I can see how you might come to this conclusion when it looks like candles are changing colors but I can assure you they are not :) Thanks for asking a great question!
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