September 25, 2023

Trend Maker Manual

Trend Maker is a trend indicator suitable for both beginners and experienced traders. It is suitable for trading any assets on the main timeframes, but was originally developed specifically for trading futures on the Binance.

Adding an indicator to a chart

Basic settings

Functionality:

  • Long/Short Signals
  • Automatically indicates levels for TP/SL orders and for position completion
  • Identifies important price levels on the chart
  • Shows probable reversal points
  • Automatically identifies the current price movement channel

The settings are extremely transparent, checkboxes are responsible for displaying/hiding the required functionality. All sensitivity settings and filters are already included in the indicator code.

Briefly on how to trade

  • Enter the trade after the signal is fixed on the chart (at candlestick close)
  • If your trading strategy allows averaging - place an averaging order at the specified price (AP).
  • Set a Stop Loss at the specified price (SL).
  • When TP1 is reached, we fix a part of the position/the whole position. In case of incomplete fixation of the position, the rest of the position is transferred to breakeven.
  • If an opposite reversal point appears, you can also reduce/fix the position

If you have any questions about how to use it: https://t.me/MaxAlgoAdmin

Purchase a subscription and learn more about the project: https://t.me/maxalgo_bot

Our website: https://maxxalgo.com/