BFT Trend Master indicator gives buy & sell signals as it determines the best place to enter long or short.
This indicator is a useful tool for scalping, day trading or swing trading as well. Never miss your entries with audio alerts.
Get your FREE Trial today and bring precision in your trading!
Basically, this Indicator particularly looks for trend and volatility in order to generate buy and sell signals.
By managing the entry correctly, you can gain consistent points in the market.
BFT Trend Master indicator can be traded with other indicators that we provide for better entries and exits.
PORK indicator will show you better location to take the trades with good stop loss and take profit levels.
Wave Manager indicator draws Elliott waves, so you be confident of your trade entry.
BFT Trend Master Indicator Benefits:
- Used for scalping, day trading or swing trading.
- Visual Signals on the Chart
- Enable Audio Alerts by simply selecting sound file name
- Use on any timeframe
- Background color changes as per the trend identified by the indicator
Indicator Properties Window:
| Property Name | Description | Default Value |
| DrawEMA | Draw EMA on Chart for better visualization and trading decision | True |
| UseEMAFilter | Use EMA for filtering signal. Filtering signals based on EMA will give few signals but the probability of success increases. | True |
| EmaFilterPeriod | EMA period to use for filtering the signal. | 200 |
| ShowAllSignals | Display all signal generated by the indicator. | True |
| SoundAlert | Enable sound alert | True |
| BuySoundAlert | Sound file to use for Buy alert. Make sure that sound file is present in “C:\Program Files\NinjaTrader 8\sounds” folder. | Alert1.wav |
| SellSoundAlert | Sound file to use for Sell alert. Make sure that sound file is present in “C:\Program Files\NinjaTrader 8\sounds” folder. | Alert1.wav |
| PaintBackGround | Paint background to see how long the signal can be valid. | True |
| BrushUp | Background color for validity of buy signal. Background may paint after the signal is generated. | LightGreen |
| BrushDown | Background color for validity of sell signal. Background may paint after the signal is generated. | Thistle |
Chart Examples:
As you can see on the 1 minute chart to the left, BFT Trend Master indicator generated one sell and one buy signal. In order to get fewer and better signals, I use following settings:
ShowAllSignals = false
UseEMAFilter = true
As you can see on the 4 range chart to the right, BFT Trend Master indicator generated one sell signal.
For this type of fewer and better signals, I use following settings:
ShowAllSignals = false
UseEMAFilter = true
As you can see on the 5 Minute chart to the left, Optimum Markingindicator generated 9 buy signals. I use setting to show all signals were shown. During my trading, I prefer to take first signal after the price closes above EMA and ride the trend as long as possible.
As you can see on the 100 Tick chart to the right, BFT Traend Master indicator generated 4 sell signals and 2 buy signals. As you can see, First sell signal after trend change gives better results. Use rest of the signals for scalping.
As you can see on the Daily chart to the right, BFT Traend Master indicator generated 2 buy signals and 1 sell signal.
