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USER GUIDE http://www.WinningSignalVerifier.com

USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

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Page 1: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

USER GUIDE

http://www.WinningSignalVerifier.com

Page 2: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

DISCLAIMER

Please be aware of the loss, risk, personal or otherwise consequences of the use and application of this book’s content. The author and the publisher are not responsible for any actions that you undertake and will not be held accountable for any loss or injuries.

U.S. Government Required Disclaimer - Commodity Futures Trading

Commission Futures and Options trading has large potential rewards, but also large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading software or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this website or any ebook purchased from this website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading software is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Winning Signal Verifier and any authorized distributors of this information harmless in any and all ways. The use of this software constitutes acceptance of this user agreement.

Page 3: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

COPYRIGHT

This book and software cannot be re-written, re-published, STORED OR LINKED AT ANY FILE SHARING SITES or FORUMS or used for any other books without proper referencing without permission. The use of the book and software is limited to your personal use only. Spreading out the copies without the agreement of the development team is illegal and protected by international copyright law.

Copyright © www.WinningSignalVerifier.com

Introduction

Thank you for your purchase of “Winning Signal Verifier”!

Winning Signal Verifier software package includes:

- Step-by-step users guide - Indicator’s secret trading algorithm explained in detail - Winning Signal Verifier indicator software itself - Different Market Scenarios examples - Personal "I will help you" promise from the developer

―Winning Signal Verifier is designed to help traders make well-informed trading decisions and increase amount of overall winning trades. It shows current market conditions and allows you to see best times to enter a trade. It is not an independent trading tool, so it should be used as a supporting indicator that confirms signals of your main indicator or strategy. Don’t use it as a buy/sell signals tool. It’s very easy to understand and use, but should you have any questions, please email me at [email protected] I would love to help you!

It's extremely important for you to fully understand how

Winning Signal Verifier works. Read this guide carefully. It has a lot of important information that could greatly

improve your trading experience.

Page 4: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

Please try using the indicator on a demo account first. Only move to trading with

it on a live account, once you are completely familiar with Winning Signal Verifier

and fully understand all the simple rules on how to use it correctly.

Do not hesitate to contact us if you have any questions! We wish you a great trading success!

Karl Dittmann’s Trading Team

www.WinningSignalVerifier.com

Installing the Indicator

IMPORTANT: Make sure to update your MT4 to the latest build. Winning Signal Verifier is designed to give you best results and to work properly only with the latest version of MT4 platform.

Unzip the zip file that you have downloaded:

The indicator file is WinningSignalVerifier.ex4

MT4 installation instructions:

Step 1:

1) Open your MT4 platform

2) Click File — Open Data Folder. Here you will find a folder called MQL4.

3) Open folder MQL4. Here you will find Indicators folder. Copy your Indicator (ex4) file into MQL4/Indicators folder. Do this by right clicking on the file and clicking ―copy and then ―paste.

4) Restart your MT4.

If you have any difficulties, please contact me as soon as possible. My email is: [email protected]

Page 5: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

Step 2: Open the MetaTrader® platform, and click on View -> Navigator.

You can also press CTRL+N.

Click on 'Navigator'

Step 3: A window titled 'Navigator' will

appear. Double click on Indicators.

Step 4: You should see the WinningSignalVerifier in the Indicators folder.

Double click on the Winning Signal Verifier file and click OK to load it onto

your chart.

Step 5: Once you attach Winning Signal Verifier, make sure to enable the two options

as shown below and only then click OK.

Page 6: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

Timeframes and Pairs

Timeframes: M15, M30, H1, H4 and D1 only.

―Winning Signal Verifier works on all pairs.

How It Looks On Chart

Once you attach Winning Signal Verifier to your chart, here is what you are going to see:

Winning Signal Verifier will appear in the upper left corner of the chart. It shows trend direction + trend strength, market extremity of current, lower and higher timeframes.

Plus, it also shows how active the market is and how safe it is to trade at any given moment.

I will give you two explanation versions. Easy and simple one – in case you don’t want to get into details and just want to start trading quickly. (Not recommended)

And a more detailed one – that will allow you to get the maximum benefits from this supporting indicator. (Recommended)

Page 7: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

Easy and Simple Explanation

Part 1)

If most bars (in the upper box with red stroke) are more than 60-70% Green - Enter only BUY trades.

If most bars (again in the upper box with red stroke) are more than 60-70% Red – Enter only SELL trades.

Part 2)

Once you understood what signals are good to take now (only BUY or only SELL), look at the lower box with red stroke.

The more colored bars you see in both Range and Safety Meters – the better chances you have to win that trade.

NOTE: The above screenshot shows a very powerful opportunity to win a BUY trade. Almost all bars are 100% Green and both Range and Safety Meters are showing almost full colored bars. That’s it for the easy version of the explanation. I highly recommend you also read the detailed explanation which will allow you to get the most information about the market and make much more informed trading decisions. The detailed explanation can be found on the next page.

Page 8: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

Detailed Explanation (Best Results)

Upper Box:

Left Column (Trend Direction)

Trend Direction column shows trend direction and trend power for current, lower and higher timeframe. Current timeframe is always displayed in the middle of this column.

A) If the rectangle for any of the timeframes is 60% or more Green – the trend on that timeframe is up, but it doesn’t have much power. The more Green you see – the stronger the power of the uptrend is. If the rectangle is 100% Green – it means that the uptrend is very strong. B) If the rectangle for any of the timeframes is 60% or more Red – the trend on that timeframe is down, but it doesn’t have much power. The more Red you see – the stronger the power of the downtrend is. If the rectangle is 100% Red – it means that the downtrend is very strong.

Right Column (Extremity)

Extremity column shows how much more ―energy‖ the current price movement has. Same like professional runners can’t run at the top speed for too long, the price also can’t endlessly move in the same direction with very high power. After moving

Page 9: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

in the same direction for a long time, the price will ―drain itself out and start losing the ―energy to keep moving in that same direction. A) When the price has ―a lot of energy‖ to keep moving up - the Extremity column will show 75-100% Green rectangle. When the price will start ―draining itself out‖ you will see more and more Red appearing on that same rectangle.

B) When the price has ―a lot of energy‖ to keep moving down - the Extremity column will show 75-100% Red rectangle. When the price will start ―draining itself out‖ you will see more and more Green appearing on that same rectangle.

This example screenshot shows the following:

1) Trend Direction and Power on M5 is UP and very strong. (Full Green rectangle for M5 under

Trend Direction column)

M5 also has ―a lot of energy‖ to keep moving up. (Full Green rectangle for M5 under Extremity column)

2) Trend Direction and Power on M15 (Current timeframe) is UP and quite weak. (Only about 60% Green rectangle for M15 under Trend

Direction column)

M15 has full ―energy‖ to keep moving up. (Full Green on the rectangle for M15 under Extremity column)

3) And lastly, Trend Direction and Power on M30 is UP again and also weak. (Only about 60% Green rectangle for M30 under Trend Direction column)

M30 still has a lot of ―energy‖ to keep moving up. (About 80% Green on the rectangle for M30 under Extremity column)

To sum up, upper box shows mostly green rectangles in both Trend Direction and Extremity columns, so the trend is expected to keep moving up with average power but a lot of energy (Might keep moving up for a while). If however, most of the rectangles would be more red than green, we would say that the price is moving down with strong power and a lot of energy.

Page 10: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

IMPORTANT: It’s not enough to just look at the upper box to be sure that your

trade has a high chance of winning. You also need to look at the lower box. Next

section, explains how to correctly interpret the lower box. Make sure to read it.

Lower Box:

We will continue using the same screenshot and talk about the lower box now.

The lower box has two meters. Range meter and Safety Meter. Let me explain how both of this work and what exactly they are showing.

Range Meter shows us current range of the market on the current timeframe when compared to the historical data. What this gives us?

Well when the range is high, we can expect the price to have long and strong trend. This gives us the opportunity to reach Aggressive TakeProfit level with much higher chances than if the range was small.

Safety Meter shows us how safe it is for us to enter a new trade at the given moment on the current timeframe.

The more instability and rapid ―chainsaw‖ type of movement the market currently has, the less colored bars will be on the Safety Meter.

Let me repeat the main idea of each of the meters.

Range Meter: The more colored bars we see on the Range Meter – the more the price has been moving recently when compared to historical date, so if the Range Meter is full, we have much better chances of hitting the maximum TakeProfit. When the Range meter shows only 1-3 colored bars – better not to enter any trades, as the market is not highly likely to reach desired TakeProfit level. You can

Page 11: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

still enter the trade if you wish, but in the best scenario, the price will only reach the Safe TakeProfit.

Safety Meter: The more colored bars we see on the Safety Meter – the better the market conditions are for us to enter a new trade and win. The less colored bars we see here, the more market noise there is that is most likely going to make us hit our StopLoss rather than TakeProfit level.

When the Safety Meter shows 1-3 colored bars – better not enter any trades as in this scenario, we have very high chances of hitting the StopLoss.

Examples:

Perfect Scenario to follow a BUY Signal:

Here, in the upper box, we have almost all rectangles fully green, so the price is moving up with a lot of power and still has a lot of energy to hit the Aggressive TakeProfit of our BUY Signal.

But before entering our BUY trade, we should also check what the lower box is showing.

We can see that the Range Meter shows 5/5 colored bars – the price has been moving with a very good range lately, which is another confirmation for us.

And the Safety Meter shows 4/5 colored bars – so the market noise is minimal and we now know that we have even higher chances for a win of a BUY signal.

Page 12: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

Good Scenario (Almost Perfect) to follow a Sell Signal:

In this example, in the upper box, we see almost all rectangles have more red than green, so the price is moving down with good power and enough energy to hit Medium or Aggressive TakeProfit of our SELL Signal.

But before entering our SELL trade, again we should also check what the lower box is showing.

We can see that the Range Meter shows 4/5 colored bars – the price has been moving with a fairly good range lately, which is another confirmation for us.

The Safety Meter shows 4/5 colored bars – so the market noise is minimal and we now know that we have even higher chances for a win of a SELL signal.

Page 13: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

Bad Scenario to follow a BUY Signal

Upper box shows mostly green or fully green color on the rectangles, so the price is moving up with a good power but already has only a bit of energy to keep going up. So we could aim for a Safe TakeProfit for our BUY Signal….

But before entering our BUY trade, we should also check what the lower box is showing.

Range Meter shows 4/5 colored bars – the price has been moving with a good range lately, which is another confirmation for us.

BUT: Safety Meter shows only 2/5 colored bars – so the market noise is very high and the price will almost surely hit our StopLoss.

No Trade in this scenario!

Page 14: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

Bad Scenario to follow a SELL Signal

Upper box shows mostly red color on the rectangles, so the price is moving down with a low power (only 60% Red) and has average energy to keep going down. We could aim for a Safe/Medium TakeProfit for our SELL Signal…

But before entering our SELL trade, we should also check what the lower box is showing.

Range Meter shows only 3/5 colored bars – the price has been moving with not a very high range lately, so we could say that it’s better to go only for Safe TakeProfit…

BUT: Safety Meter shows only 1/5 colored bars – so the market noise is extremely high and the price will hit StopLoss for sure. No Trade in this scenario!

Mixed green and red rectangles – NO TRADE!

Upper box shows a mix of green and red. You can’t really tell if the rectangles are more green than red or vice versa. Market has no clear direction.

In this scenario, it doesn’t even matter what Range Meter and Safety meters are showing.

No Trade in this scenario!

Page 15: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

MOST IMPORTANT RULE:

Before entering a trade you need to look at what all 4 (Trend Direction, Extremity, Range Meter and Safety Meter) are showing. Don’t follow a BUY signal even if all the rectangles in the upper box are mostly green until you make sure that Range Meter and Safety Meter are showing good market conditions!

Don’t follow a SELL signal even if all the rectangles in the upper box are mostly red until you make sure that Range Meter and Safety Meter are showing good market conditions!

Before entering any signal - make sure that Trend Direction, Extremity, Range Meter and Safety Meter – all GIVE CONFIRMATION for that signal.

Most Profitable Recommended Products

ever created by Karl Dittmann:

Click here to view Recommended Products List!

Best forex software, strategies, scalpers and intraday indicators that will help you make great profit everyday

with no trading experience!

I guarantee you will find a lot of amazing indicators in this golden collection…

/Karl Dittmann/

Page 16: USER GUIDE  · The indicator file is WinningSignalVerifier.ex4 MT4 installation instructions: Step 1: 1) Open your MT4 platform 2) Click File — Open Data Folder. Here you will find

Money Management Tips

Money management is a very important concept that has an enormous effect on draw downs and margin calls. The cardinal rule of money management is the following:

You should only risk 1-3% of your account on any single trade.

You may have heard this rule a hundred times before, but it is amazing to see how many good traders fail to comprehend this concept – and don't understand why they are wiped out again and again, despite great entries and timing of trades. Stoploss is calculated regardless of your level of risk or your equity, and is based solely on price-action. After a stop loss is set, calculate your trade size so you achieve the right percent of risk for your trades.

For example: your stop loss is 10 pips, and your equity is 10,000$, you wish to risk 2% of your equity in this trade, so you enter a trade with 2 lots – so your risk is 200$, or 2%.

Please contact me if you have any questions: [email protected] I will do my best to help you as soon as possible.

Best of Luck! Karl Dittmann