M1 Gold MT4 v1.0

M1 Gold is an arrow type indicator that is based on the max payne system, this indicator is designed to trade the m1 timeframe for xauusd pair, the indicator doesnt repaint or backpaint this indicator uses 2 custom arrow indicators that are merged in this indicator code along side a trend filter (max payne system).

The M1 Gold arrow comes with a backtesting panel that saves time and effort by giving usefull info`s such as winrate, nr of winning trades/losing trades, how much pips won and the panel calculates these signal based on the history bars number inputed in the indciator which can be changed to extend further more in history.

recommendations :

1. use raw spread account
2. use M1 chart
3. can be used on renko or any time frame but then indicator settings including tp and sl should be adjusted accordingly

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Parameters :

History : how much history signals to show

Signal period : entry arrow period

filter : entry arrow filter

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Confirmation arrow :

Signal period : confirmation arrow period

filter : confirmation arrow filter

TREND FILTER : general trend direction filter

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General Settings :

TP : take profits value in points

SL : stoploss value in points

Backtesting panel colors/position Alerts