Karazon Secret Indicator (Free Download)
The Karazon Secret Indicator is a sophisticated trading tool designed for MetaTrader 4 that provides precise buy and sell signals to enhance trading decision-making. Created by experienced developer Abdulkarim Karazon, this indicator combines advanced price action analysis with statistical backtesting capabilities to deliver actionable trading insights with impressive win rates.
Abdulkarim Karazon, known in the trading community as ForexSniperx, has developed numerous trading indicators with a focus on providing clear, actionable signals while maintaining statistical rigor. The Karazon Secret Indicator represents the vision of simplifying complex market analysis into straightforward visual cues that both novice and experienced traders can leverage effectively.
The developer has designed this indicator with the primary goal of helping you to identify potential entry and exit points while maintaining a favorable risk-to-reward ratio.
How It Works
The Karazon Secret Indicator operates by analyzing price action patterns and market conditions to generate buy and sell signals. The indicator displays its analysis through several key visual elements:
The indicator divides trading conditions into colored arrows, using green for buy signals and red for sell signals, similar to other Karazon indicators. When analyzing a chart, the indicator identifies the unique “Golden Bar” conditions, which signal potential trading opportunities when price meets specific criteria.
For each signal, the indicator provides detailed information about the candle type (Bearish or Bullish) and the direction (Above, Falling), helping you understand the context of each signal. The indicator also displays a prominent “SIGNAL: NEUTRAL – Wait” message when current conditions don’t warrant taking a position, it helps to avoid entering the market during uncertain periods.
One of the most valuable aspects of the indicator is its built-in backtesting statistics panel, which provides real-time performance metrics including total signals generated, breakdown between buy signals and sell signals, winning trades, losing trades, and an overall win rate. This feedback mechanism allows you to gauge the indicator’s historical performance before letting your real capital go.
Key Features
- Available Timeframes: Versatile across multiple timeframes
- Recommended Currency Pairs: Works well with all forex pairs and precious metals like Gold
- Repainting Status: Non-repainting. It provides accurate historical performance statistics
- Clear visual signals that don’t require complex interpretation
- Automatic identification of potential support and resistance levels
- Statistical analysis dashboard for performance tracking
- Signal quality classification to filter out low-probability trades
- Trend direction identification to align trades with the prevailing market direction
The download package of the product includes:
- Indicators: Karazon Secret.ex4
- Installation Guide from forex-hacked.com
Conclusion
The Karazon Secret Indicator represents a sophisticated and user-friendly approach to technical analysis in the forex and metals markets. Its combination of clear visual signals, comprehensive backtesting capabilities, and impressive win rate statistics make it a potentially valuable tool for those seeking to enhance your decision-making process.
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