Algo Expert Indicator Tutorial

Jun 29, 2024

Algo Expert Indicator Tutorial

Overview

  • Purpose: Quick tutorial and overview of the Algo Expert indicator.
  • Key Points: Accuracy, usage tips, and multi-time frame advantages.

Key Features of the Indicator

  • Accuracy: Demonstrated without video cuts showing buy and sell signals on single time frames.
  • Application: Can be used on gold, indices, crypto, and all Forex pairs.

Usage Instructions

  • Single Time Frame: Click buy/sell when the indicator signals.
  • Multi-Time Frame: Use the multi-time frame table for higher accuracy to see if time frames are bullish or bearish.

Example: 30-minute Time Frame on GBP/JPY

  • Buy/Sell Signals: Demonstrates catching Pips with buy/sell signals without cuts.

Importance of Multi-Time Frame Analysis

  • Explanation: Understand larger time frames to avoid false signals on smaller time frames.
  • Example: Weekly, daily, and 4-hour time frames trend analysis for better decision-making.

Settings and Customization

  • Style Options: Turn off bar color codes and indicator bands.
  • Modes:
    • Mode 2: Recommended for 30 minutes and below.
    • Mode 1: Recommended for 1 hour and above.
    • Mode 3: Combines Mode 1 and Mode 2 for single time frame use.
  • Length Settings: Use between 5 and 8 for earlier or later buy/sell signals (recommended 8).

Subscription and Access

  • Plans: Monthly, quarterly, yearly (save up to 33%).
  • Purchasing Steps:
    • Go to algoexpert.io and subscribe.
    • Enter required data and choose a payment method.
  • Trading View Access:
    • After subscription, enter your Trading View name.
    • Refresh the Trading View page to see the indicator under invited scripts.

Demonstration

  • Adding Trading View Name: Demonstrated step-by-step for clarity.
  • Trading Results: Examples shown using gold on a 5-minute time frame.

Upcoming Content

  • Future videos will cover strategies for trading gold, indices, and other Forex pairs.
  • Subscribe to the channel for updates.

Hope to see you soon! Take care and bye-bye.