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Forex Entry Point

Published: 23.07.2014
Reading time: 8 minutes
30
105360
Forex Entry Point

Forex Entry Point in the lower window of terminal Metatrader 4 shows the vertical lines that indicate a change in trend direction. This indicator is very convenient for scalping on the M5 and for a long trade on H1 and higher. Can be used on any currency pair, but the best results can be achieved in volatile currency pairs.

Characteristics of Forex Entry Point

Buy entry, when there was a vertical line of color Aqua. Exit with the appearance of vertical lines of color Magenta.

Sell ​​entry, when there was a vertical line of color Magenta. Exit with the appearance of vertical lines of color Aqua.

forex-entry-point-indicator

But I must say that the signals of FX Entry Point indicator are good only on historical data. In real time trading this indicator slightly repaints. If you are interested in this indicator and you seriously intend to use it in trade, then you can try to save it from repainting. To do this, you must make changes to the source code (.mq4 file is attached). Only then can the indicator be used in trading on a real account. Now it is of no interest as a trading tool. This is only a scam for beautiful pictures with a view to selling.

In the archives Forex_Entry_Point.rar:

  • FX ENTRY POINT.ex4
  • FX ENTRY POINT.mq4
  • FX Entry Point.tpl

Free Download Forex Entry Point

Author:
Daniel
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Comments:
  • Max H
    Published: 08.01.2015 Reply to the message

    Very good indicator! i use it on the 5 min time frame, then at signal 25 minutes (incl candle were the signal is on) so 20 after the candle closed were the signal was. Till now all good :)

    • Njingalwazi
      Published: 25.06.2016 Reply to the message

      May you please me the down load link. The link with ending with rar doesnt run on m laptop

  • wahyu
    Published: 11.01.2015 Reply to the message

    why i can't download this indicator? please help me sir... the loading isn't run. every body please give me link to download this file. i need this indicator . thanks.

    • Daniel
      Published: 11.01.2015 Reply to the message

      Link works fine

  • arif
    Published: 14.01.2015 Reply to the message

    thank you so much for share your indicator sir

  • eranga
    Published: 08.02.2015 Reply to the message

    Is this re-painting for worst losses or can we make some profit??

  • nik
    Published: 28.10.2015 Reply to the message

    :-D how can i use this indicator coz its download format .rar not ex4? can teach me how to do it?

    • Daniel
      Published: 28.10.2015 Reply to the message

      Please read here

  • Jim
    Published: 09.01.2016 Reply to the message

    What good is an indicator that repaints? How can you possibly ever trust it in live trading?
    At least you told us though rather than us finding out later. Props for that.
    Thanks,

    Jim

  • hassan shahzad
    Published: 04.03.2016 Reply to the message

    Best indicator i ever used....thanks...GOd bless you

  • michael
    Published: 07.04.2016 Reply to the message

    It repaints heavily but is quite useful if you enter on support/resistance rather than market execution

  • Srle
    Published: 20.05.2016 Reply to the message

    Stupid indicator, too much wrong signals. Indicator later move to other place when publish wrong signal.

  • Arif Ahmed
    Published: 14.06.2016 Reply to the message

    Does it repaint or not? %) :P :P

    • ramkumar
      Published: 15.06.2017 Reply to the message

      sir i tested this indicator in 1 min time frame in nzd/usd , this give buy signal then i took buy it gives good profit, then it gives sell signal , then i took sell , then the market goes up , then the indicator changing the jumping to other place . so it is repainting, so what can i do for to sucess trade.

      Thank you.
      :( :( :( :( :( :( :( :(

  • ayush
    Published: 10.10.2016 Reply to the message

    Hi Daniel,

    This indicator looks promising for on historical chart on H4 & Daily timeframe. I have even checked it applying on Stocks historical which looks convincing.
    But I am wondering if it repaints, I believe if signal is once formed on the close of a candle then it should not be repainted (here I am taking with respect to Daily TImeframe). Let me know whats your opinion on this.

    Also I need a favour if you can help in getting the alerts in this indicator.

    Thanks

  • Alain
    Published: 16.01.2017 Reply to the message

    Attention, this system repainted without stopping.

  • tiaga
    Published: 16.01.2018 Reply to the message

    yes this indicator repaints, but this will be ok if you use it with macd or stochastic =)

  • kad4
    Published: 28.10.2018 Reply to the message

    :P bon indicateur with renko chart

  • Inthegame
    Published: 19.02.2019 Reply to the message

    If you guys are worrying about how the indicator will respond to market conditions in various time frames, run the MT4 strategy tester with that indicator to see if it repaints or not.

  • Pau
    Published: 06.09.2019 Reply to the message

    Yes, this indicator repaint a lot. :(

  • Jason
    Published: 04.10.2019 Reply to the message

    It looks like it's a zig zag indicator (which repaints) but it's showing a bar in the secondary chart rather than lines on the main chart.

  • Claywalker
    Published: 12.12.2019 Reply to the message

    This indicator works amazing good. Some people talking allways about repainting, because there are not have a clue, how good this indicator is. It can be used with your own creted strategys.

    • dimi
      Published: 01.08.2022 Reply to the message

      and what do you suggest? if you are repainting and you have an alternative show us how

  • Da
    Published: 29.09.2020 Reply to the message

    i can not install it, but what is the problem?

  • Roy
    Published: 26.11.2020 Reply to the message

    Sir, you said about stopping repaint by doing something in source code. Can you please let us know which needs to be changed in the code?

  • MAYANK SHARMA
    Published: 29.01.2021 Reply to the message

    repainted

  • QOF
    Published: 02.08.2021 Reply to the message

    Hi,

    I was testing this out and it seemed to repaint after 4-5 bars on M5 timeframe. The first indication came at 9:30 am then it vanished and came again at 11:45 am. Now I placed a short order at 9:40 am, seeing the pink bar still there but when I returned after 10:00 am, the bar was gone and did not reappear until 11:45 am.

  • hasan
    Published: 07.09.2021 Reply to the message

    hi Daniel
    would you please tell me how i can save this indicator from repainting?
    Sincerely yours,

  • Steve
    Published: 28.03.2022 Reply to the message

    This indicator is a custmized stochastic oscillator that would only display signals if the crossing occurs above 70 level and below 30.
    A very good indicator if you apply a filter like MACD.

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