Trend Catcher Trading Strategy. By Michael Nurok.

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1 Trend Catcher Trading Strategy By Michael Nurok

2 RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial market. The contents of this material are for general information and educational purposes only [contents shall also mean the website ( the site ) the content is hosted on, and any correspondence or newsletters or postings related to such website]. Every effort has been made to accurately represent this product and its potential. There is no guarantee that you will earn any money using the techniques, ideas and software in these materials. Examples in these materials are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependent on the person using the product, ideas and techniques. We do not purport this to be a get rich scheme. Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to its accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative purposes only and should not be construed as investment advice or strategy. No representation is being made that any account or trader will or is likely to achieve profits or losses similar to those discussed in this report or on on the sites. Past performance is not indicative of future results. By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided herewith, you will be deemed to have accepted these terms and conditions in full as appear also on our site, as do our full earnings disclaimer and privacy policy and CFTC disclaimer and rule 4.41 to be read here with. So too, all the materials contained within this course, including this manual, whether they appear on our domain(s) or are in physical form, are protected by copyright. "Warning: The unauthorized reproduction or distribution of this copyrighted work is illegal. Criminal copyright infringement, including infringement without monetary gain, is investigated by the authorities and is punishable with imprisonment and a fine." We reserve all our rights in this regard. Traders Elite, in association with its sites, content, and its representatives do not and cannot give investment advice or invite customers or readers to engage in investments through this course or any part of it. The information provided in this content is not intended for distribution to, or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Hypothetical performance results have many inherent limitations, some of which are mentioned below. 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 actual results subsequently achieved by any particular trading program and method. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program or system in spite of the trading losses are material points that can also adversely affect trading results. There are numerous other factors related to the market in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results. All of which can adversely affect actual trading results. We reserve the right to change the set terms and conditions without notice. You can check for updates to this disclaimer at any time by visiting Governing law: this policy and the use of this report / course / DVDs / ebook, provided in any form, and any content on the website are governed by copyright laws. Further details on this are found under the Terms and Conditions on our site. Please ensure you read and agree with all Terms and Conditions as set out on our site before using any of the materials. Your use and reliance on the materials is based on your acceptance of such Terms and Conditions and policies as appear on the site.

3 INTRODUCTION Hi, I'm Michael Nurok and I want to congratulate you on downloading Trend Catcher Indicators and Template. This document will guide you through the installation process, which is fairly easy and straight-forward. It basically consists of copying the files into appropriate folders and restarting your platform afterwards. 3

4 INSTALLATION Step 1 Extract the files from downloaded archive First of all, locate the downloaded TrendCatcher.zip file on your hard drive. It is a zip compressed file, which means it has several files inside. To extract files from TrendCatcher.zip archive, simply right-click on the file and choose "Extract Here" (or "Extract All" if you don't have WinZip installed). 4

5 After extracting all the files, you will see a new folder called "TrendCatcher" was created. Open it and you will find three files there: TrendCatcher.ex4 (main Trend Catcher indicator) TrendCatcherMACD.ex4 (Trend Catcher MACD indicator) TrendCatcher.tpl (template) 5

6 Step 2 Open the MT4's Data folder Opening your MT4's Data Folder is fairly easy: You need to open your MT4 platform and go to File -> Open Data Folder 6

7 Step 3 Copy the files Now that the files are extracted and Data Folder is open, it's time to copy the files to appropriate folders. First, we'll copy the indicators. Inside your Data Folder, you will see multiple subfolders. Open MQL4 folder, then Indicators folder (that's inside MQL4 folder). Select TrendCather.ex4 and TrendCatcherMACD.ex4 and copy them (or simply drag and drop them) to the folder you just opened in previous step (Data Folder\MQL4\Indicators). You can also copy them one by one. 7

8 Next, we'll copy the template. Either open the Data Folder from your platform again or go back two steps from the Indicators folder to get back to your main Data Folder. There you will see a Templates folder. Copy TrendCatcher.tpl to your Templates folder. 8

9 Step 4 Restart your MT4 Platform In order for the indicators and template to be initialized, you need to close the platform and open it again. After that, simply open up a chart and apply TrendCatcher template by going to: Charts -> Template -> TrendCatcher or by using the shortcut icon on the toolbar. Charts -> Template -> TrendCatcher Using the shortcut icon on the toolbar Your chart should look like this: 9

10 SETTING UP PUSH NOTIFICATIONS Trend Catcher has a very useful feature of notifying you when the trade signal occurs directly on your mobile phone. So, besides alerts on your desktop platform, you can get notified on your phone, too. It works on Android and iphone, and the setup process is the same. You will need: MetaTrader 4 platform for your desktop computer MetaTrader 4 Mobile Step 1 - Find your MetaQuotes ID on your mobile phone The MetaQuotes ID is a unique code assigned to your device. On your mobile device, download and open MetaTrader 4 mobile. Go to the Settings menu and scroll down to the Messages header. You will see MetaQuotes ID and an 8-character code. This is your unique ID that you will pair with your desktop MT4 platform. 10

11 Step 2 - Enter your MetaQuotes ID in your desktop MT4 Open the MetaTrader 4 desktop platform. Go to Tools -> Options for the options menu. Click on the Notifications tab. 1. Check the box Enable Push Notifications. 2. Enter your MetaQuotes ID in the text box. Step 3: Test your connection After you enter your MetaQuotes ID, click Test. This will generate a test message to your mobile device. It will prompt you to check your journal. You can look in the Journal tab of the terminal window to confirm the notification was sent. If set up properly, you will receive a notification in your status bar and in the Messages area of MT4 Mobile. You are now ready to receive notifications on your mobile phone. 11

12 Step 4 Enable Push notifications in Trend Catcher In order for Trend Catcher to alert you via notifications on your mobile phone, you must make sure you've enabled Push notifications on the indicator itself. To open up the properties of your indicator, rightclick on the Trend Catcher arrow on the chart and choose "TrendCatcher Properties". You can also go to Charts -> Indicators List or press CTRL + I to open the list of indicators on the current chart: then select TrendCatcher and click "Edit". Once you've opened the properties window for Trend Catcher, select the "Inputs" tab, scroll down to "UseNotification" property and select "True" from the drop-down menu and click "OK". 12

13 Settings & Parameters Here's the list of all parameters you can set when using Trend Catcher. However, we strongly recommend to leave the settings for MACD, FastMA and SlowMA at their default values, since those have been tested and proven to work. To access the parameters list, as stated above: You can either right click on the Trend Catcher arrow on the chart and choose "TrendCatcher Properties ", or You can go to the menu and select Charts -> Indicators List (or press CTRL+I). Then from the Indicators List window select Trend Catcher and click "Edit". One the Properties window is opened, select "Inputs" tab. PARAMETER DESCRIPTION MACD SETTINGS FastEMA SlowEMA SignalEMA Value for the MACD's Fast Exponential Moving Average Value for the MACD's Slow Exponential Moving Average Value for the MACD's Signal Exponential Moving Average FAST MOVING AVERAGE SETTINGS PeriodFastMA ShiftFastMA MethodFastMA ApplyToFastMA Number of periods for the Fast Moving Average Number of periods that the Fast Moving Average will be shifted by Type of Moving Average (0 = Simple, 1 = Exponential, 2 = Smoothed, 3 = Linear-Weighted) Apply the Moving Average to: 0 = Price Close, 1 = Price Open, 2 = Price High, 3 = Price Low 13

14 SLOW MOVING AVERAGE SETTINGS PeriodSlowMA MethodSlowMA MethodSlowEMA ApplyToSlowMA Number of periods for the Slow Moving Average Number of periods that the Slow Moving Average will be shifted by Type of Moving Average (0 = Simple, 1 = Exponential, 2 = Smoothed, 3 = Linear-Weighted) Apply the Moving Average to: 0 = Price Close, 1 = Price Open, 2 = Price High, 3 = Price Low GENERAL SETTINGS ShowBuys ShowSells UseAlert UseNotification SpacingMult MaxBars Set to True if you want to show Buy signals (arrows) on the chart or False to hide them Set to True if you want to show Sell signals (arrows) on the chart or False to hide them Set to True if you want a pop-up window alert when a trade signal occurs Set to True if you want to receive a notification on your phone when a signal occurs Distance of the arrow from the price/candle How many bars in history do you want Trend Catcher to be applied to (set to 0 to use maximum possible candles) 14

15 That's it. You should now be ready to use Trend Catcher as well as receive notifications on your mobile phone. In case you'll have any questions or if you'll need any kind of help, don't hesitate to contact our support. They'll be glad to help. Good trading & live well, 15

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