Trend Following Indicators, Free Forex Indicators (MT4)
Vulkan Profit Indicator
By Arun Lama
Updated On
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.
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 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.
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Thanks for the reply, if it does not repaint it looks very promising. Can you confirm it does not back paint, so the signal happens on the current candle right? Not after a few candles so it gives you a late entry?
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 :)
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…..
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.
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.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
Looks interesting, have to ask the dreaded question though….DOES IT REPAINT???
No it does not repaint!
Thanks for the reply, if it does not repaint it looks very promising. Can you confirm it does not back paint, so the signal happens on the current candle right? Not after a few candles so it gives you a late entry?
So far as i’m concerned it does not repaint. Thank you!
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 :)
As I am not the owner of this, I do not have the configuration.
Thank you for the answer.
After digging around found the MAs config on the indicator itself…
But there’s something more in the calculations.
Just to let everyone know, this indicator does repaint.
repaint
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…..
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.
it doesn’t repaint , i already tested it and backtest.
REPAINT OR NON REPAINT?
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.
That is not repainting, that is backpainting.
It does not repaint, but it does backpaint.
Sos medio bobo, decidite si se repinta o no,”No se vuelve a pintar,pero se vuelve a pintar”.
do u have update for vulkan profit ?
because for now i see in mt4 m5 , i look for delay no live …
maybe 1candle closing , vulkan give signal …
surely repaints