Cluster Analysis Trading Strategy MT4 : Amazing System

The System Indicators utilized in this strategy are entirely original and free from any plagiarism concerns. It is essential to note that a previous version of this modified strategy was reviewed under a different name by a disreputable seller. ਹਾਲਾਂਕਿ, in this version, the focus is on the original system and its unique indicators.

While it may appear that this system relies on multiple indicators, all the readings generated on the chart are sourced from one singular indicator. The settings for this indicator mainly pertain to its visual display and alerts which can be toggled on or off. This feature contributes to the simplicity and ease-of-use of the system, allowing traders to quickly and efficiently analyze market data.

• Unique Magic Number of indicator = 1
• Alert about getting the rights = false
• Flat zone color = Yellow
• Bullish histogram color = SpringGreen
• Bearish histogram color = Red

Capter_1 = MTT

• Enable MTT? = true
• Filter trends? = false
• Notify about a trend change? = true

Capter_2 = TC

• Turn on TC? = true
• Notify about a signal? = true
• Draw SL? = true
• Text labels on the chart? = true
• Arrow size = 3
• Up arrow color = SpringGreen
• Down arrow color = Red
• Text color near up arrow = Black
• Text color near down arrow = Black
• Text size = 7
• Text indent in pips = 1

Capter_3 = TC Correction

• Turn on TCC? = true
• Apply settings of the 2nd group? = true
• Alert about the signal? = true
• Draw SL? = false
• Text labels on the chart? = true
• Arrow size = 3
• Up arrow color = SpringGreen
• Down arrow color = Red
• Text color near up arrow = Black
• Text color near down arrow = Black
• Text size = 7
• Text indent in pips = 1

Capter_4 = RPI

• Turn on RPI? = true
• True - levels are like zones. False - like lines = true
• Paint over zones? = false
• Default levels thickness = 4
• Support levels default color = Blue
• Resistance levels default color = Red

Period 1 = 1 Day

• Draw levels? = true
• Level thickness = 4
• Support levels color = DodgerBlue
• Resistance levels color = Tomato

Similarly for Period 2 = 1 Day; Period 3 = 1 Month; Period 2 = 4 Hours.

Cluster Analysis Trading Strategy

To ensure maximum flexibility and customization options, the Cluster Analysis Trading strategy allows traders to adjust the colors of levels, arrows, and text according to their preferences. ਹਾਲਾਂਕਿ, for those who prefer not to customize their chart and indicator, a template can be downloaded at the end of the article.

Despite utilizing only one indicator, the Cluster Analysis Trading strategy is subdivided into components or "indicators embedded in the main indicator," each performing a specific function:

Momentum Trend Trader (MTT) - located in the lower histogram, this component determines market phases and displays which trend is currently prevailing in the market.

Reverse Point Indicator (RPI) - this component indicates non-redrawing levels on the chart and functions seamlessly across timeframes ranging from M1 (1 ਮਿੰਟ) to W1 (1 week).

Trend Change Correction (TCC) - marked by an arrow and the text TCC, this signal indicator identifies entry points for correction, making it ideal for trading both with and against the current trend.

Trend Change (TC) - marked by an arrow and the text TC, this signal indicator identifies key points for opening a deal on a trend or during a reversal. These indicators offer traders unparalleled precision and accuracy in their trading strategies.