What is MK PRO Indicator?

A new variation indicator that has the feature of long and

short signal generation along with alert feature and
horizontal lines indicating market key reversal points.
Multiple complex indicators and strategies calculation
merged in one. This indicator proved by working
versatilely covering every major financial market like stocks, index, forex,
commodities, and crypto currency, etc.
The indicator has support and resistance lines indicating market key turning
points but that can also be used as a take-profit or stop-loss potential
area/zone while making trading decisions.
Beautiful color patterns distinguish between bullish and bearish candlestick
price action that helps to not only show the price action but also the overall
momentum and sentiment of that particular market.

The indicator has support and resistance lines indicating market key turning points but
that can also be used as a take-profit or stop-loss potential area/zone while making
trading decisions.

Beautiful color patterns distinguish between bullish and bearish candlestick price
action that helps to not only show the price action but also the overall momentum
and sentiment of that particular market.

The color of Candles helps you understand the overall market, just by looking at the
candles you will know if the asset is bullish or bearish, it's clean and straightforward, it
helps you see and understand the market sentiment much better than the overall
market.

The feature inside the setting can play a vital role in how well the indicator could
produce the outcome and the overall trade performance or result of a trade. The setting
should be wisely used depending on the financial market and asset classes where this
powerful indicator has been implemented.

- this indicator is tested and approved by many top traders .We performed several
back tests on MK PRO Indicator before streamlining it.
- A powerful indicator that provides long and short signals
using Oscillators and Volatility measurement. The indicator has such a feature
that smoothes out the price action and makes it easier for retail traders to judge the
overall price action or market situation/structure.

- This Indicator is equipped with a unique trading algorithm that will provide highly
accurate buy/sell signals
- The color of the indicator is clean and straightforward, it helps you see and
understand the market sentiment much better than traditional candlestick.
How does it work?
- Momentum is a key concept that has proven valuable for determining the likelihood of
a profitable trade. Measurements of momentum can be used in the short and long
term, making them useful in all types of trading strategies.

- Several technical trading tools are available to reveal the strength of trends and
whether a trade on a particular asset may be a good bet.

- MK PRO shows the buy and sell signals using the momentum of price over time and
how strong those movements are regardless of the direction the price moves, up or
down. It is specifically useful as they help traders and analysts spot points where the
market can and will reverse.

- Momentum traders bet that an asset price that is moving strongly in a given
direction will continue to move in that direction until the trend loses strength and this
is what our MK PRO indicator provides to retail traders. By the help of the
momentum formula this indicator generates potential buy and sell signals which
works best during the high volatile market period this is because momentum is more
stronger during high volatile market period regardless of the direction the price
moves, up or down.

- Momentum is involved along with average true range (ATR), Pivot points and trend
following method within the formula of our indicator and that’s how it decides if the
market have high momentum or not after that it does focus on the potential spots
where the buy and sell signals condition matches.

< Feature >

- Powerful 3 calculations used in one indicator. Pivot points, Average True Range &
trend following.

- Clearly shows trend direction & momentum of any financial market. -

Generates potential buy and sell signals using the formula of momentum,
average true range & trend following.
- Able to turn on/off buy and sell signals from chart using “Show
buy/sell(long/short)
” - Alerts feature available for buy and sell signals.
- Support and resistance line, that also can be used as target point and stop loss -
Beautiful candle colors indicating bullish and bearish trend
- Dynamic resistance and support levels. When the price is below the hull it acts as
a dynamic resistance and while the price is above the hull moving average it acts
as a dynamic support. Most of the time price tests the hull moving average and
either breakout or pull back.
-Automatics take profit levels generated through mkpro which are visible as tick
symbols on candles.

Setting of mk pro
1-show buy and sell : you can activate signals with this feature.

2-show colored candles : when users activate it candle colors will change to green and red , green candles
means bullish trend of market and red candles mean bearish trend of market.
3-show support/resistance :users able to find support resistance lines when they activate this feature.

4-show strength : this feature allows users to find out when bulls or bears are adding extra power to their
market,this feature comes with an exact candle and the candle’s color will change.

How to trade using buy & sell signals?

Signal:
- While a buy signal is generated, there will be a label named “Long” below the candle bar
 where the signal was generated. This tells us a buy signal is ready for entry. We are
entering exactly at the closing price of that candle bar where the signal was produced.

- Keeping a Risk to reward as 1:1 for take profit level-1 and 1:2 for take profit level 2 (or max
take-profit) can be a good money management and risk management plan.

- Two rules for exits. One rule is to exit when price hits our take profit levels either

(Risk to
Reward = Reward Level) or when price hits our stop loss level (Risk to Reward = Risk
Level). Second rule for exit is when any opposite direction new signal emerges. It means
when we were holding a buy position and if a sell signal generates then we exit our trade
for that buy position immediately.

Sell Signal:
- While a sell signal is generated, there will be a label named “Short” above the candle bar
where the signal was produced. This tells us a sell signal is ready for entry. We are entering
exactly at the closing price of that candle bar where the signal was produced.
- Keeping a Risk to reward as 1:1 for take profit level-1 and 1:2 for take profit level-2 (or max
take-profit) can be a good money management and risk management plan.

- Two rules for exits. One rule is to exit when price hits our take profit levels either 1:1 or 1:2
(Risk to Reward = Reward Level) or when price hits our stop loss level (Risk to Reward =
 Risk Level). Second rule for exit is when any opposite direction new signal emerges. It
means when we were holding a sell position and if a buy signal generates then we exit our
trade for that sell position immediately.

CANDLE COLORS :
Beautiful candle colors indicating powerful bullish and bearish trend
-MARKET SCREENER :
-This screener shows exact take profits prices including takeprofit
1,2,3 .
-Position shows current running position
-middle slot shows bullish and bearish of market
-the last slot shows the RSI level of the current market.
1-SAFE MODE : safe mode is the strategy which our developers modified for the most accurate setting of
mkpro which we recommend all users to use.
2-SCALPER : this strategy has been modified for scalpers which try to find quick enter and exit spots for
 opening and closing [Link] this strategy indicator generates more signals and its useful in short
timeframes.
3-DAY TRADER : this strategy has been modified for day traders which use long timeframes and holding
positions sometimes for days or [Link] this strategy indicator will generate less signals.

How to activate screener

Users are able to activate screener and change the position and size of it based on the style they wish.
HOW TO SET TAKE PROFITS
- What Is the Risk/Reward Ratio? ( TP R/R )
The risk/reward ratio defines the relationship between the potential hazards
and gains for any given trade.
It is a process to assess the difference of entry points, stop loss to take profit orders based on the RR ratio.
In every trading strategy, the ideal approach is to get maximum reward against
minimum risk.
Traders can identify risk by finding the price gap between the opening point
and the stop-loss order.
On the other hand, the profit targets indicate a price level where a trader
should get out of the market with a considerable [Link] can identify the
take profit level by measuring the distance between the entry point and the
profit target.
Traders should calculate the risk they are taking per trade vs. the reward they
are getting in order to determine the risk/reward ratio.
In manual trading, traders analyze and set these levels before opening a
position.

How to Set Alerts for Buy & Sell :

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[Link]