Beandicator Signal

The Beandicator Signal is a combination of signals from five Meta Trader indicators. The indicators are Stochastic Oscillator, Accelerator Oscillator, Awesome Oscillator, MACD, and Average Directional Movement Index.

The above indicators signal are combined with the position of currency pair price to the 50 simple moving average.

 

 

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How It Works

The image below shows the conditions to be met before a buy or sell trade is placed on a 4 hr chart for any currency pair. It works best on higher time frames (4hr, daily, weekly or monthly).

 

How To Set Up Beandicator On Your MT4 (PC or Mobile MT4)

1. Open a chart of any currency pair of your choice

 

2. Load 50 simple moving average (50ma of any colour or your choice, shift = 0, apply to = close) on the MT4 chart. If Price is above 50ma, this indicates a SELL signal, if the price is above 50ma, this indicates a BUY signal.

 

3. Load Stochastic Oscillator (default settings) on the MT4 chart.  If the stochastic Oscillator lines cross below 20 level, this indicates a SELL signal, if the stochastic Oscillator lines cross above 80 level, this indicates a BUY signal.

 

4. Load Accelerator Oscillator (default settings) on the MT4 chart.  If the Accelerator Oscillator red value lines forms below zero level, this indicates a SELL signal, if the Accelerator Oscillator green value lines forms above zero level, this indicates a BUY signal.

 

5. Load Awesome Oscillator (default settings) on the MT4 chart.  If the Awesome Oscillator red value lines forms below zero level, this indicates a SELL signal, if the Awesome Oscillator green value lines forms above zero level, this indicates a BUY signal

 

6. Load MACD (default settings) on the MT4 chart.  If the MACD red moving average line crosses down below zero level, this indicates a SELL signal, if the MACD red moving average line crosses above zero level, this indicates a BUY signal

 

7. Load Average Directional Movement Index ADX on the MT4 chart (period = 14, style colour = black: to make the style line invisible, +Dl = green colour, -Dl = red colour, horizontal line at 22.5 level = colour green, horizontal line at 16 level = colour red).  If the -Dl line (red coloured line) crosses above the green 22.5 horizontal line, this indicates a SELL signal, if the +Dl line (green coloured line) crosses above the green 22.5 horizontal line, this indicates a BUY signal.

Beandicator Signal

CHFJPY: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 100% COMPLETE) (TUE 4 DEC 2018 20:43 GMT) – All six indicators currently gives the SELL signal. It is clear that an impulsive SELL has developed.

AUDNZD: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 83% COMPLETE) (SUN 2 DEC 2018 9:36 GMT) – One out of the six indicators is yet to give the SELL signal. The remaining indicator may give the SELL signal very soon. It is clear that an impulsive SELL has developed and the support is about to be broken.

EURUSD: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL SELL (PRE-SELL CONDITIONS 66.66% COMPLETE) (SUN 2 DEC 2018 9:26 GMT) – Two out of the six indicators are yet to give the SELL signal. The two indicators may give the SELL signal very soon and once all conditions are met, SELLING may continue.

AUDNZD: 4HR CHART REVIEW! BEANDICATOR -BUY (PRE-BUY CONDITIONS 83% COMPLETE) (SUN 28 OCT 2018 20:09 GMT)

USDJPY: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 83% COMPLETE) (SUN 28 OCT 2018 20:04 GMT)

GBPAUD: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL SELL (PRE-SELL CONDITIONS 66.66% COMPLETE) (SUN 28 OCT 2018 19:58 GMT)

GBPUSD: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL SELL (PRE-SELL CONDITIONS 50% COMPLETE) (SUN 28 OCT 2018 19:56 GMT)

EURUSD: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL SELL (PRE-SELL CONDITIONS 50% COMPLETE) (SUN 28 OCT 2018 14:57 GMT)

 

EURGBP: 4HR CHART REVIEW! BEANDICATOR – BUY (PRE-BUY CONDITIONS 83% COMPLETE) (SUN 14 OCT 2018 22:57 GMT)

 

EURJPY: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 100% COMPLETE) (SUN 14 OCT 2018 22:47 GMT)

 

GBPJPY: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 100% COMPLETE) (SUN 14 OCT 2018 22:36 GMT)

 

CHFJPY: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 66.66% COMPLETE) (SUN 14 OCT 2018 22:33 GMT)

 

GBPUSD: 4HR CHART REVIEW! BEANDICATOR – BUY (PRE-BUY CONDITIONS 83% COMPLETE) (SUN 7 OCT 2018 20:33 GMT)

 

EURCHF: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL BUY (PRE-BUY CONDITIONS 66.66% COMPLETE) (THUR 4 OCT 2018 22:34 GMT)

 

CHFJPY: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 100% COMPLETE) (THUR 4 OCT 2018 22:26 GMT)

 

EURUSD: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL SELL (PRE-SELL CONDITIONS 50% COMPLETE) (SUN 30 SEP 2018 22:21 GMT)

After

 

GBPCHF: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BEARISH -SELL (PRE-SELL CONDITIONS 100% COMPLETE) (FRI 21 SEP 2018 15:17 GMT)

 

EURGBP: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH -BUY (PRE-BUY CONDITIONS 100% COMPLETE) (FRI 21 SEP 2018 15:08 GMT)

 

USDCHF: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BEARISH -SELL (PRE-SELL CONDITIONS 83% COMPLETE) (THUR 20 SEP 2018 21:16 GMT)

 

AUDUSD: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH -SEE  INVERTED H AND S- BUY (PRE-BUY CONDITIONS 100% COMPLETE) (WED 19 SEP 2018 20:51 GMT)

 

NZDUSD: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH – BUY (PRE-BUY CONDITIONS 83% COMPLETE) (WED 19 SEP 2018 20:43 GMT)

 

EURAUD: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BEARISH (PRE-SELL CONDITIONS 83% COMPLETE) (WED 19 SEP 2018 01:27 GMT)

 

GBPCHF: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH (PRE-BUY CONDITIONS 83% COMPLETE) (WED 19 SEP 2018 01:23 GMT)

 

USDCAD: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BEARISH (PRE-SELL CONDITIONS 83% COMPLETE) (WED 19 SEP 2018 01:17 GMT)

 

AUDNZD: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BEARISH (PRE-SELL CONDITIONS 66.66% COMPLETE) (MON 17 SEP 2018 23:13 GMT)

 

EURAUD: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL BUY (PRE-BUY CONDITIONS 50% COMPLETE) (MON 17 SEP 2018 23:05 GMT)

 

EURGBP: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BEARISH (PRE-SELL CONDITIONS 83% COMPLETE) (MON 17 SEP 2018 22:40 GMT)

 

GBPCHF: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL BUY (PRE-BUY CONDITIONS 50% COMPLETE) (SUN 16 SEP 2018 20:48 GMT)

 

CHFJPY: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH (PRE-BUY CONDITIONS 66.66% COMPLETE) (SUN 16 SEP 2018 20:37 GMT)

 

EURCAD: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL SELL (PRE-SELL CONDITIONS 50% COMPLETE) (SUN 16 SEP 2018 20:17 GMT)

 

NZDJPY: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL BUY (PRE-BUY CONDITIONS 50% COMPLETE) (SUN 16 SEP 2018 20:17 GMT)

 

GBPAUD: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH (PRE-BUY CONDITIONS 63.66% COMPLETE) (SUN 16 SEP 2018 19:52 GMT)

 

NZDCAD: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL SELL (PRE-SELL CONDITIONS 50% COMPLETE) (SUN 16 SEP 2018 18:55 GMT)

 

NZDCHF: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BEARISH (PRE-SELL CONDITIONS 83% COMPLETE) (SUN 16 SEP 2018 18:44 GMT)

 

USDJPY: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH (PRE-BUY CONDITIONS 100% COMPLETE) (THUR 13 SEP 2018 16:14 GMT)

 

AUDNZD: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH (PRE-BUY CONDITIONS 83% COMPLETE) (THUR 13 SEP 2018 16:05 GMT)

 

GBPJPY: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH (PRE-BUY CONDITIONS 100% COMPLETE) (THUR 13 SEP 2018 15:58 GMT)

 

CADJPY: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH (PRE-BUY CONDITIONS 100% COMPLETE) (THUR 13 SEP 2018 15:40 GMT)

 

EURCAD: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BEARISH (PRE-SELL CONDITIONS 100% COMPLETE) (TUE 11 SEP 2018 23:21 GMT)

 

CADJPY: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH (PRE-BUY CONDITIONS 83% COMPLETE) (TUE 11 SEP 2018 23:15 GMT)

 

CADCHF: 4HR CHART REVIEW! BEANDICATOR – CURRENTLY BULLISH (PRE-BUY CONDITIONS 83% COMPLETE) (TUE 11 SEP 2018 22:35 GMT)

 

USDCAD: 4HR CHART REVIEW! BEANDICATOR – SELLING (PRE-SELL CONDITIONS 66.6% COMPLETE) (TUE 11 SEP 2018 22:26 GMT)

 

USDJPY: 4HR CHART REVIEW! BEANDICATOR – BUYING (PRE-BUY CONDITIONS 100% COMPLETE) (TUE 11 SEP 2018 22:16 GMT)

 

EURGBP: 4HR CHART REVIEW! BEANDICATOR – SELLING (PRE-SELL CONDITIONS 100% COMPLETE) (MON 10 SEP 2018 22:49 GMT)

 

GBPJPY: 4HR CHART REVIEW! BEANDICATOR – BUY (PRE-BUY CONDITIONS 83% COMPLETE) (MON 10 SEP 2018 22:45 GMT)

 

GBPCAD: 4HR CHART REVIEW! BEANDICATOR – BUY (PRE-BUY CONDITIONS 83% COMPLETE) (MON 10 SEP 2018 22:32 GMT)

 

CADCHF: 4HR CHART REVIEW! BEANDICATOR – POTENTIAL BUY (PRE-BUY CONDITIONS 50% COMPLETE) (MON 10 SEP 2018 22:18 GMT)

 

AUDUSD: 4HR CHART REVIEW! BEANDICATOR – STRONG SELL (PRE-SELL CONDITIONS 100% COMPLETE) (SUN 9 SEP 2018 20:20 GMT)

 

NZDUSD: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 83% COMPLETE) (SUN 9 SEP 2018 19:50 GMT)

 

EURGBP: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 66.6% COMPLETE) (SUN 9 SEP 2018 18:27 GMT)

 

AUDNZD: 4HR CHART REVIEW! BEANDICATOR – SELL (PRE-SELL CONDITIONS 83% COMPLETE) (SUN 9 SEP 2018 08:35 GMT)

 

USDCAD: 4HR CHART REVIEW! BEANDICATOR -ALL BUY CONDITIONS YET TO BE MET (SUN 9 SEP 2018 08:25 GMT)

 

GBPUSD: DAILY CHART REVIEW! BEANDICATOR – CONSOLIDATION IN PROGRESS (SUN 9 SEP 2018 07:51 GMT)

 

GBPUSD: 4HR CHART REVIEW! BEANDICATOR – CONSOLIDATION IN PROGRESS (SUN 9 SEP 2018 07:51 GMT)

 

EURUSD: WEEKLY CHART REVIEW! BEANDICATOR – SELL SIGNAL INCOMPLETE (SUN 9 SEP 2018 07:36 GMT)

 

EURUSD: DAILY CHART REVIEW! BEANDICATOR- CONSOLIDATION IN PROGRESS (SUN 9 SEP 2018 07:19 GMT)

 

EURUSD: 4HR CHART REVIEW! BEANDICATOR SELL SIGNAL INCOMPLETE (SUN 9 SEP 2018 06:15 GMT)

 

USDCHF: DAILY CHART OVERVIEW! (FRI 7 SEP 2018 22:57 GMT)

 

USDCHF: ALL BUY SIGNAL CONDITIONS YET TO BE MET. WAIT FOR SELLING OPPORTUNITY! (FRI 7 SEP 2018 22:35 GMT)

 

USDJPY: ENTERING THE SELL ZONE!  (FRI 7 SEP 2018 2:50 GMT)

USDCHF: CONTINUE TO SELL! (FRI 7 SEP 2018 2:25 GMT)

 

 

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