Simple Forex Tools

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Bago system can be categorized as a trend following system based on the cross of ema 5 and ema 12. When used properly on hourly chart it can capture daily swings of 100+ pips. The use of small number emas gives Bago system the sensitivity to generate early signals following 10-20 minutes scale waves, but also produces a great deal of false signals that can quickly drain a trader 's account. So filters are extremely important for Bago system. While Bago system is largely a discretionary system, the integration of two excellent filters may make it possible to use a computer program generate signals with great high successful rate. This program is writtern to investigate this possiblity. The mechanism to generate a raw Bago signal is simple: ema 5 crosses ema 12 in the same direction as RSI 21 crosses 50 level. To abstract real signals, we need to pay attention to context: where the price are, and when the crosses happens. The greatest meaning of integrating Vegas tunnel into Bago system is, the tunnel as well as its fibo lines changes the original plain 2-d space into a twisted 2-d space. The twisted price trends now have the coordinates. With this coordinates system we may see the entry and exit with higher accuracy. So, this program will first construct the simple rules upon which the the raw signals are generated, then will add rules to filter those signals. Those new rules are quantified as parameters so they can be easily changed and optimized based on the output results. ➡️ MT5 version https://t.me/simpleforextools/8186

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🌐 Indicator Pinbar Detector MQ5 (MT5) 👑 This tool effectively identifies upward (bullish) and downward (bearish) pinbars on various chart timeframes. Users can customize the parameters for specifying pinbar structure and detection logic to meet specific needs. The tool visually represents detected pinbars with colored arrows, using lime for upward indicators and red for downward indicators, making it easier to interpret chart data. Moreover, it can be configured to provide pop-up alerts and push notifications, allowing timely updates in real-time trading scenarios. To utilize its full potential, adjust the input parameters according to the preferred trading strategy and enable alerts as needed for optimal monitoring. 🎊 🎉HAPPY TRADING !!!!🎉🎊 ➡️ Simple Forex EAs ✔️ ☁️ The our chat: https://t.me/gb_eas 🫂 ✅ Admin: @simpleforextooladmin 🥷⭐ ℹ️ The best VPS service ℹ️ 🚨 Scammer alert!! 🚨 ⬅️ READ IT!!! DON'T BE STUPID!!

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