Forex MAFX Colosseum MT4 Indicator

Forex MAFX Colosseum MT4 Indicator:

About the Forex MAFX Colosseum MT4 Indicator

MAFX Colosseum is an adaptive trend indicator with a built-in Flat Filtering System that automatically detects detailed statistics for maximum profit and selects the best trading instrument for your trading. The indicator uses candlestick patterns and volumes to determine the trend.

Features
Exclusive Trend Detection Algorithm
Automatic Detection of Enrty and Exit Points
Detailed Statistics Calculation
Suitable for Different Trading Instruments and Timeframes
Easy-to-Use Rules
Suitable for Beginners and Experienced Traders
100% Non-Repainting Indicator

Settings Description

Entry Rules:
Open Position Mode
Next Candle Entry: open a position on the next candle after the signal appears.
Delta Entry: open a position when the price reaches the calculated entrance level. This mode helps to filter out some false signals.

Exit Rules:
Select Close Position Settings
Auto Calculate SL: Stop Loss level is calculated automatically
Reversal SL: Close positions on the opposite Signal
Use Manual SL: Use Manual Stop Loss

Manual SL (if Exit = Use Manual SL) – Manual SL value

Alerts Settings:
All Alerts Disabled – All alerts quickly disabled, if ‘true‘

Arrows Email Alert / Arrows Sound Alert / Arrows Pop-up Alert / Arrows Send Notifications – Activate/Deactivate different types of signals, when the Arrow Signal appears

Other Settings:
History Bars for Calculation – Number of bars for calculation

Visual Settings:
Use Auto Color Theme – Use a preset Color Scheme

Select Color Theme – Dark/Light Theme selection, if ‘Auto Color Theme‘ = true

Panel Size Scale (0.5 – 2.0) – Allows to Increase or Decrease the Control Panel size

All of the following graphical settings will allow you to change the color scheme. To use custom color settings, please do not forget to disable automatic theme selection: ‘Use Auto Color Theme‘ = false

Test results:

Forex MAFX Colosseum MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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