M1 Gold is an arrow type indicator that is based on the max payne system, this indicator is designed to trade the m1 timeframe for xauusd pair, the indicator doesnt repaint or backpaint
this indicator uses 2 custom arrow indicators that are merged in this indicator code along side a trend filter (max payne system)..
the M1 Gold arrow comes with a backtesting panel that saves time and effort by giving usefull info`s such as winrate, nr of winning trades/losing trades, how much pips won
and the panel calculates these signal based on the history bars number inputed in the indciator which can be changed to extend further more in history.
recommendations :
1. use raw spread account
2.use M1 chart
3.can be used on renko or any time frame but then indicator settings including tp and sl should be adjusted accordingly
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Parameters :
History : how much history signals to show
Signal period : entry arrow period
filter : entry arrow filter
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Confirmation arrow :
Signal period : confirmation arrow period
filter : confirmation arrow filter
TREND FILTER : general trend direction filter
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General Settings :
TP : take profits value in points
SL : stoploss value in points
Backtesting panel colors/position
Alerts
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