Vulkan Profit Indicator

Vulkan Profit Indicator uses moving average crossovers of various parameters and patterns in the background, signals the trend, and the market entry points with simple arrows at the main chart window. Basically, it kicks back all the trend analyzing hassles of its users and keeps the traders quite relax while trading the Forex market within the trend direction.

This indicator works great for scalping and intraday trading purposes because it suits best with M15 and H1 timeframe charts. Furthermore, you’ll be able to apply it to trade any currency pairs available at the forex trading market.

Vulkan Profit Indicator Overview

After you install the Indicator on your forex MT4 terminal, your trading chart will appear like the following image:

Vulkan Profit Indicator
Vulkan Profit Indicator

Vulkan Profit Indicator applies Weighted Moving Average (WMA), Linear Weighted Moving Average (LWMA), Exponential Moving Average (EMA) of various parameters to find the best possible moving average based crossover signals for the traders. A blue upward arrow below the price bar signals the buy entry along with the bullish trend. Diversely, a red downward arrow above the price bar indicates the sell entry with the confirmation of the upcoming bearish trend of the market. For trade exit, you should target the profit at least twice of your budgeted loss for the respective entry.

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Vulkan Profit Indicator: Buy Parameters

Vulkan Profit Indicator Buying Parameters
Vulkan Profit Indicator Buying Parameters
  • A bullish bar forms near the current swing low of the market
  • Vulkan Profit Indicator plots the blue colored upward arrow below the respective bullish bar
  • Buy triggers immediately after the above conditions are met
  • Set stop loss below the current swing low of the market
  • Exit long/take profit once your trade hits the 1:2 risk to reward ratio

Vulkan Profit Indicator: Sell Parameters

Vulkan Profit Indicator Selling Parameters
Vulkan Profit Indicator Selling Parameters

  • A bearish bar forms near the current swing high of the market
  • Vulkan Profit Indicator plots the red colored upward arrow above the respective bearish bar
  • Sell triggers immediately after the above conditions are met
  • Set stop loss above the current swing high of the market
  • Exit short/take profit once your trade hits the 1:2 risk to reward ratio

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I have been actively trading stocks and currencies since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund which has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

17 thoughts on “Vulkan Profit Indicator”

  1. Hello,

    From my understanding this indicator uses a crossover of several types moving averages, correct?

    Can you share with us the configuration of those MAs?
    I think this indicator has some interesting potential and I would like to do a simple EA around it and forward test it in a demo 🙂

    Reply
  2. Thanks i already checked in my real acc at binary option iq for five minutes its impressive results very friendly indicator and following trend. trend is your’e friend. if market update then how could possible to update this indicator once? or when new update is coming for original vulkan profit. am waiting…..

    Reply
  3. This indicator Vulkan repaints. Been using it since the week began, but its full of repainting its signals. It gives you signals but when trend changes in the 2/3 candles, it removes its arrow.

    Reply
  4. I would say this signal does “repaint”. If you get a signal and price moves in the opposite direction. Remove the indicator from the chart then reapply it. The signal may not be in the same position or there at all.

    Reply

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