Gold Star Indicator

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After a long analisys of the market and after multiple tests we are proud to introduce you our newest metatrader4 system for Forex trades.
The name of our new indicator is GoldStar MT4 indicator.The system / indicator has several symbols –

-Arrows (potential signal for buy/sell)

-Stars (secure signal for buy/sell)

-Trend analizator (show the Trend)

-modified BB indicator

 

The goal of this indicator is to capture the tops and bottoms by allowing you to enter a position at very advantageous levels of BUY and SELL.

With this indicator you can find Trend reversal signals!!!

 

You can use our indicator for short and long term trades

 

You should check the charts and the GoldStar MT4 indicator before you placing your trades.

This system works the best when the range of the movements is HIGH.

The GoldStar indicator will help you to check the trends.

The percentages on the bottom right corner show you the trend as you can see on the picture below:

 

 

 

1.Short trades terms:

For short term trades you can use STAR+ARROW:

We reccomend you to use the system with H1 chart!

For short term trades the accuracy of the trades is 65%

-You need to wait the price to make a STAR(please see on the picture below):

 

 

 

 

 

-You need to BUY after the 2nd candle(this candle is confirmating candle) or on the open price on the 3rd one(STAR being formed).

-When you enter the trade(BUY) you need to wait the price to go up and after formating ARROW (pointing down) you can close the trade. See the picture below:

 

2.Long trades terms:

For Long term trades you can use STAR+STAR:

We reccomend you to use the system with H4 chart!

For Long term trades the accuracy of the trades is over 75%

-You need to wait the price to make a STAR(please see on the picture below):

 

 

-You need to SELL after the 2nd candle(this candle is confirmating candle) or on the open price on the 3rd one(STAR being formed).

-When you enter the trade(SELL) you need to wait the price to go down and after formating a new STAR (new STAR is formed when the second candle after the lowest candle was closed). See the picture below:

 

 

Other rules and tips:

-The most important thing that you have to watchnew STAR is formed when the second candle after the lowest/highest candle was closed.

-We recommend you to use GoldStar only using STAR to STAR method!(Open after STAR and closing after STAR).

With this indicator you can find Trend reversal signals – only on H4 chart STAR to STAR method!!!

– You can also open trades when the arrow appears and the trend looks good and you can close your trades when a new arrow appears with an opposite direction!

– You can use the GoldStar system all-day, but better to avoid the news.

– The best trading hours are regulary from 8-12 AM and 16-20 PM GMT time*.

– You can use the system with any timeframes, but the best setup is if you choose

1H and 4H charts.

– You can trade with any currency pairs!

– Don’t forget, to trade forex is a high risk, if you loose money it is your own responsibility!

 

Setup of the GoldStar Meta4 System:

Just follow these steps and don’t change the name of the files!

  1. Download the files to an empty folder.
  2. Open your metatrader4 and click to File/open data folder.
  3. Close your metatrader4.
  4. Copy the .tpl file into your Metatarder4/Templates folder .
  5. Please copy all of the .mq4 or .ex4 files into your MetaTrader4/MQL4/Indicators folder
  6. Open your mt4.
  7. New chart.
  8. Right click on the new chart/templates/…select the GoldStar system
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