Profit Finder Indicator (Crypto|Stock|Forex)
- About the developers
- Our product
- Basis of knowledge necessary for trading
- How to use the product?
- Statistics
- How much money can be earned with the indicator?
- Pricing
In this article, we would like to introduce ourselves and our product, explain how it works and emphasize the essential minimum knowledge of trading required to engage in profitable trading.
In 2015, while working as a business analyst in a large company, I started exploring equipment supply for cryptocurrency mining in an attempt to find new points of growth for the business. This was my first experiance with the world of blockchain and cryptocurrencies. Even at that early stage, the vast scope of potential possibilities was obvious, given the increasing popularity of cryptocurrencies. As I delved deeper into blockchain and its business potential, my interest in trading began to grow. I immersed myself in this subject and trading became so captivating that it overshadowed my primary line of work. After several years of systematic education and daily practice, I realized that I had acquired sufficient knowledge and experience to turn trading into my primary source of income.
With active intraday trading, I began to realize that I could digitize my trading system and describe it as a mathematical algorithm. At that moment the idea for this project was born. The complexity of the project clearly indicated that I needed a top-notch IT developer. Fortunately, my friend happened to be exactly that kind of developer. With extensive experience working in large international companies and a multitude of successfully implemented complex projects under his belt, he quickly recognized the high potential of this service and agreed to become a full-fledged partner. Thus, the core team was formed, and we began working on creating an algorithmic trading system.
Our goal was to create an efficient trading system that would be simple and user-friendly, despite its complex mathematical logic. We wanted to develop a product that simplified the complexities of trading into the simplest elements. Our aim was to create a strategy that allowed traders to control risks, maintain the health of the nervous system and reduce their time spent monitoring charts. Our goal was to give traders the chance to allocate more time to their loved ones and hobbies.
Basis of knowledge necessary for trading
No matter what field you are in, what experience or level of intelligence you have, no matter what system you trade assets with, it is absolutely necessary for you to invest your time to acquiring the basic knowledge of trading. The renowned Chinese philosopher Lao Tzu once said, "Even a journey of a thousand miles begins with a single step." Our personal experience, along with the collective experience of countless other traders, confirms the truth behind these words.
In this case there is simply no alternative, and this step must be taken by anyone who wants to earn from trading. The difference lies in the fact that with our indicator, you will only need to take a small step, while with independent trading, you would have to embark on a daunting journey of trial and error, requiring tremendous efforts, time, nerves, and money.
You can get all the essential foundational knowledge in trading for using our indicator by accessing the link provided below:
Currently, the usage of our indicator is available exclusively through our Telegram channel. The system automatically sends trading signals with key entry and exit points for each trade. In order to receive signals from the Profit Finder Indicator, all you need to do is join our Telegram channel for FREE. Depending on the market conditions, our indicator broadcasts approximately 180 - 300 signals per month.
Asset - the name of the asset for which the indicator suggests to open a trade, along with the timeframe where this signal was generated
(The trade parameters indicated in this signal are specific to this individual asset and are irrelevant for any other)
Direction - the price direction in the trade
(Short - the asset's price is expected to decrease, Long - the asset's price is expected to increase)
Accuracy - win rate or percentage of successful signals over the period (duration specified in brackets)
Q - efficiency ratio of the average trade for this asset (concerning the direction)
(This metric is automatically calculated by the system after each completed trade. Long and short positions have their respective coefficients, which might differ concerning the trade's direction. When this metric is higher, the system settings perform more effectively on this asset, what means higher profitability. A positive sign is the coefficient starting from 0.9% and above)
Entry - the price range that encapsulates the optimal entry point for the trade
(You can enter the trade immediately upon receiving the signal or open a position on a price pullback within the range specified in the signal message. If you haven't manage to open a trade within the specified range and the price has already reached TP1 after the signal, then that trade is considered irrelevant. If TP1 has not been reached, then you can enter the trade. If the current asset price falls outside the price range specified by the system for entry, it's not advisable to open the trade)
Stop - the predetermined price level at which the trade should be closed in order to control and limit losses
TP 1,2,3 (Take Profit) - points of profit taking
(When the asset price reaches the assigned targets in the trade, we recommend taking profit)
Volume - the maximum deposit size that can participate in the trade, and the maximum leverage for this trading operation
(In the case of the provided signal example, it is implied that the maximum percentage of your deposit participating in the trade should not exceed 2-3% of the total account balance, and the maximum allowable leverage is 20)
Breakeven after reaching TP1 - upon reaching TP1 and partially reducing the position to lock in profits, we recommend moving the Stop to the price at which you opened the trade. In this way, you will lock in a portion of your profits and avoid losses in case if the price is unable to reach TP2 and TP3 and instead starts moving in the opposite direction. Moving your Stop to breakeven will allow your trade to stay in profit. This requirement is not obligatory. If you conduct additional analysis and observe a high likelihood of the asset's price reaching the next profit-taking zones, then you may adjust your Stop to breakeven after reaching TP2.
You will find a detailed step-by-step guide on how to move your trade to breakeven, determine the validity of a signal, and many other important aspects in our comprehensive instruction manual for utilizing our signals: ----------
Trading pair - links to futures contracts for this asset on all major exchanges
The transition to the trading terminal via the provided link in the signal message will greatly save your time, as there won't be a need to spend time searching for the required trading pair
Not financial advice - a reminder that this signal is not financial advice, it is merely a recommendation based on our strategy and the trade our team will be working on
You are solely responsible for deciding whether to open a similar trade, and therefore, you assume all risks associated with its performance
Upon reaching the first target in a trade, the system automatically sends the corresponding information to our Telegram channel. This is implemented to help users promptly identify this event and swiftly move the Stop Loss to breakeven if necessary.
Unlike the first target, notifications on achieving the 2nd and 3rd targets doesn't come automatically to the Telegram channel. Such information is manually provided by administrators, generally at the close of the New York trading session or the following morning. Consequently, you'll have to self-monitor the achievement of TP2 and TP2, and also the Stop Loss.
Statistics
Our team records all indicator trades for further analysis of their effectiveness and subsequent optimization of our service. You can review the trade analytics in our public online statistics, which is located at the link below. These data are promptly updated and provide a comprehensive answer regarding the quality of signals generated by our trading algorithm.
https://docs.google.com/spreadsheets/d/1kmTxhQuByocKr1P9h4kgxrGhiyy4UPTxeQwQ0mtMv8w/edit?usp=sharing
The 'All Trades' tab contains the following information:
Status - status of the trade, presenting 3 distinct options (trade closed/in progress with profit/in progress without profit);
Month - the month corresponding to the trade;
Date - trade opening date;
Time - trade opening time (Ńonsidering the time zone);
Tiker - the traded asset;
TF - the timeframe at which the signal was generated;
Position - the trade direction;
(Short - the asset's price is expected to decrease, Long - the asset's price is expected to increase)
LEV x - maximum leverage on futures for participation in the trade;
TP 1, 2, 3 % - the percentage movement of the asset's price after the trade is opened, at which the indicator recommends taking profits
(the achieved targets within a specific trade are highlighted in green color);
SL, % - the percentage movement of the asset's price in the opposite direction of the expected outcome, at which it is necessary to close the trade to limit losses
(stop levels that have been reached within a specific losing trade are marked in red color;)
Profit in trade % (TPs 1,2,3) - the percentage representation of the result for each individual trade, factoring in the leverage if the trade was executed using 3 TPs
Profit in trade % (TP 1 Only) - the percentage representation of the result for each individual trade, factoring in the leverage if the trade was executed using TP1 only.
The 'General Data' tab contains the following information:
- total number of trades
- quantity of trades that reached the 1st, 2nd, and 3rd targets
- total losing trades
- Ńumulative maximum profit in trading with three targets (considering the leverage specified in the signal)
- Ńumulative maximum profit in trading with TP1 only (considering the leverage specified in the signal)
- win rate
- a chart displaying the pool of data described above
The 'Days' tab presents the same information as the previous tab, but categorized by days
The 'Assets' tab contains the following information:
- total number of trades
- quantity of trades that reached the 1st, 2nd, and 3rd targets
- total losing trades
- Ńumulative maximum profit in trading with three targets (considering the leverage specified in the signal)
- Ńumulative maximum profit in trading with TP1 only (considering the leverage specified in the signal)
- win rate for each asset
The 'Assets months' tab presents similar data as the previous tab but arranged by months
In addition to public statistics access, our team routinely offers trade analytics for the period in our Telegram channel
How much money can be earned with the indicator?
It's a highly rhetorical question as there are numerous factors that will impact the final outcome:
- the quantity of executed trades (how often you engage in trading and the level of attention you give to our signals);
- the promptness of trade initiation (how promptly you enter a trade after it is posted in the Telegram channel);
- time zone and trading sessions (the time of day you prefer to trade);
- position size and leverage (how you determine your risk management strategy and what level of risk you consider acceptable for yourself);
- your approach to managing take profits (do you prefer to trade with multiple TP or fully close a trade upon reaching TP1 or TP2, etc.);
- additional analysis (do you perform additional analysis before opening a trade or not)
Before initiating a trade, our team always conducts additional market analysis, enabling us to decide whether to trade all 3 targets, close the trade upon reaching the first or second target, or even extend the trade significantly beyond the system-set take profits.
If you are not an experienced trader, then we recommend the following methodology:
An alternative to this method could be trading solely based on the first take profit, where you will automatically close your entire position when TP1 is achieved.
In different market conditions, trading based on the first and second methods can could yield markedly different results. Typically, in a flat market, the approach of fully closing trades at the first take profit level is significantly more effective. When volatility emerges in the market, the trading method with 3 take profits shows much greater effectiveness.
In the event of a counter-signal that occurred during an active trade, you should close the position (regardless of whether it is profitable or unprofitable) and open a trade corresponding to a more recent signal for this asset
The maximum total deposit volume participating in our trades does not exceed 12.5% of the overall fund size. We almost never use leverage above 50. Our team primarily trades during the New York trading session. With this conditions, we typically achieve approximately a 35-45% profit to our deposit each month.
Since we are introducing a completely new service, access to the Telegram channel with signals from our trading algorithm is currently free of charge. However, this does not mean that it will continue indefinitely. After some time, we will create a premium pool where all trades from our system will be transmitted and we will significantly reduce the number of free signals in the current channel.
At the moment, we are in the process of finalizing our indicator in TradingView, and in the near future you will be able to purchase a license to use it. It will still be the same algorithm that currently generates signals for this channel, but users will have the opportunity to work with the product on the TradingView platform, which will multiply their opportunities and potential profit.