Snake V5.0 No Repaint Real Profit For Metatrader 5

Snake V5.0 No Repaint Real Profit For Metatrader 5

Description:

MAIN Indicator

FORCE Indicator

Both MAIN and FORCE indicators are composed by many modules, which act in sync to give a clear view of price action.

Indicators are auto-adaptive. That means that they adapt their behaviors following market conditions, for instance to avoid ranging markets or choppy trends.

SNAKE TS v5.xx MAIN INDICATOR
MAIN indicator is the core system of the trading strategy.

Looking at picture below is easy to understand how it works:

SIGNAL (Snake Body) is the red/lime cloud. Lime cloud means uptrend, while red cloud means downtrend.

The purpose of this indicator is to analyze the current trend and compare it to historical data, to make a prediction for future price action. It works making extensive use of neural networks, with the same algorithm used for meteorological forecasts.

BUY/SELL Stop Loss dots (grey) instead, use a proprietary calculation based on a forecast of Average True Range (ATR) and Price Action Channel (PAC), and represent the possible max/min level of price action forecast.

In previous SNAKE v4.xx forMetatrader 4, this was divided in two indicators: Snake Body and Snake Path.

The programming power of Metatrader 5 allow us to bring them together, to avoid annoying repaint and lag issues and provide a better performance.

In addition, thanks to drawing capabilities of MT5, SNAKE Body is now rendered in a more user-friendly manner.

See the old version in the picture below

SNAKE TS v5.xx FORCE INDICATOR
FORCE indicator is the right tool to complement SNAKE TS. It indicateswhere the market is pushing high or low.

Red color means market pressure pushing price down, while lime color means market pressure pushing price up.

It acts as a filter for MAIN signal indicator, and gives important information to avoid false entry with a little bit of simple technical analysis, all explained in this user manual.

The colors given by the oscillator are replicated on chart candlesticks for a better view.

No Repaint Proof!

Watch the video of the High-Frequency Stress Test
on Metatrader 5 of SNAKE TS v5.xx Main Indicator!

PROOF #1: MAIN Indicator Test
100% No Repaint Entry/Exit

PROOF #2: SNAKE FORCE Indicator Test
100% No Repaint, 100% No Lag Oscilator

What you see is what you get! You can see in the video
that the indicator never repaint the past!

HOW TO TRADE
Below you can see example trades.

As you can see, SNAKE MAIN Indicator usually precede FORCE Indicator of 2-3 bars, allowing for better entries. You can take advantage of this while scalping, to spot better entry/exit points.

Stop losses are set in this case about 30 pips above for the first SELL trade, and 40 pips below for the BUY trade. According to Money Management plan, Take Profits levels must be set 120 and 160 pips from entry point for 1:4 risk/reward (Trend Following on H1 timeframe).

Therefore, in the end we have earned 280 pips (with only 1 standard contract it is $2.800,00 gain), risking only 70 pips.

Example #1 – Strong trend

In this example, you can see a strong trending market. Price action remain for 90% outside the SNAKE Path, and when comes inside it indicates a change in direction.

In these conditions, closing candles inside the Path may be a good exit point.

Example #2 – Weak trend

In the shot below, you can see how powerful SNAKE TS is following weak trends.

The entry point is anticipated of eight bars for a great risk/reward ratio, price action follow the above path but always remain on the border, FORCE indicator raise steadily. Not really a difficult setup to trade this time…

Example #3 – Choppy/News Release Market

We have designed SNAKE v5.xx Trading System to be perfectly self-explanatory.

That means that you do not need to learn technical analysis, hoe to draw trend lines, find pivot points, Fibonacci retracements, Elliot Waves and all this strange stuff.

You just need to follow SNAKE TS signals and the simple patterns explained in this User trading Manual.

Imagine you are a complete dummy and you do not know nothing about trading, but you have read this User trading Manual.

If you follow the trading rules, in the end you will be in gain, in spite of all the technical complications…

Exmple #4: Strategy – Ranging / Flat Market

If you ask many commercial EA and Trading Systems sellers, “How the system works on flat market?” they say “No trade on flat market!”

Trading ranging markets is always a mess for technical trading systems, because there is no trend, and indicators are slow to react to direction changes.

The application of neural network predictions allow SNAKE TS to anticipate price reverses, bringing a great hedge to the trader to spot swings at the earliest point, entering trades with a minimum risk/reward ratio.

Non-repainting indicators, thanks to Metatrader 5 powerful framework, gives to the scalper great confidence for fast decisions.

The chart below show how fast the SNAKE MAIN Indicator is in detecting price action changes. In the shot we have removed FORCE CANDLES to help realize how is possible to scalp ranging markets following only MAIN Indicator, with small take profits.

That’s it! It’s that simple and easy to make tons of pips per month!

No need to have a bunch of flinging indicators on your screen!

This is the perfect system!

Works Great in Choppy or Trendy Markets

The indicator isolates long and short trends and provides easy to read buy and sell signals in accordance with the overall market direction. This custom indicator allows a trader to easily understand market direction and enter only long trades in a uptrend, short trades in a downtrend and avoid trades in a rangebound or trendless market. It will allow you to keep losing trades small while allowing winners to run until they reach an ideal exit level.

The indicator can be applied to ALL CURRENCY PAIRS as well as FUTURES and INDICES as offered by various MT4 brokers.
THIS NEXT GENERATION CUSTOM INDICATOR INCORPORATES SELF OPTIMIZATION FUNCTIONALITY ALLOWING IT TO PROVIDE OPTIMAL PERFORMANCE ON ANY TIMEFRAME AND ANY CHART

Some recent results of our traders!

Don’t belive us? Check username directly on mt4i.com!

https://www.fxblue.com/

These are REAL ACCOUNT! REAL TRADERS! REAL MONEY!

This is one of many DEMO instead….

just to show what is possible to achive with high leverage

Still don’t belive me?

Take a look at my account!

We always make demo-session with Metatrader demo accounts,

yes we always test and practice. And we make alot of demo-money!

Forex Trading – Foreign Exchange Course

Want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

Preview Information:

More Course: FOREX TRADING

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