PAST MT4 Indicator

Spot Price Action Reversals Quickly & Easily

The PAST Strategy uses Price Action to identify turning points in the markets. But it doesn’t require years of Price Action experience, or hours staring at charts, to spot these reversals. This indicator identifies them right on your chart. Works for all timeframes.

[wlss_hide_from_members_in_any_level levels="np-past-indicator"]
3 For 1

The PAST MT4 Indicator is included
in the PAST Strategy MT4 Package

This package includes...

The PAST MT4 Indicator
The PAST MT4 Scanner and
The PAST MT4 Auto Trader

3 For The Price Of 1

Get the PAST MT4 Indicator, Scanner and Auto Trader...

Click HERE For More Info...

The indicator is no longer available to buy separately

[/wlss_hide_from_members_in_any_level]
3 For 1

The PAST MT4 Indicator is included
in the PAST Strategy MT4 Package

This package includes...

The PAST MT4 Indicator
The PAST MT4 Scanner and
The PAST MT4 Auto Trader

3 For The Price Of 1

Get the PAST MT4 Indicator, Scanner and Auto Trader...

Click HERE For More Info...

The indicator is no longer available to buy separately

[wlss_display_to_members_in_any_level levels="np-past-indicator"]

Welcome To
The PAST MT4 Indicator

Introduction

Thanks firstly, for your purchase, we value your custom.

Below you will find the following information...

  • Get Your PAST MT4 Indicator
  • MT4 Indicator Installation Instructions
  • The PAST MT4 Indicator Customisation Instructions
  • The PAST MT4 Indicator Quick Reference Sheet

Get Your PAST MT4 Indicator

We know you are probably keen to get started so can you please now email us with your MT4 account number. We will embed this into a customised PAST MT4 Indicator just for you. Your indicator will be sent to you within 24 hours (usually much sooner).

We introduced this process in the best interests of protecting our products and access to them so that only those who have purchased them have access to them.

We sincerely apologise for any inconvenience and hope you understand.

Why should others be able to have access to something you have paid for?

Note: We allow up to 2 versions per member. This is to account for members who wish to use the indicator on a demo and then, in the future, a live account.

If the above is in any way as issue for you please contact us, If we cannot accommodate your concerns we will issue a full and immediate refund.

Email us...

To get your customised indicator please email us as follows:

  • Send to support@forexuseful.com
  • Use the title "PAST Indicator"
  • Include your Forex Useful username
  • And of course your MT4 Account number, which you can locate at the very top left of your screen when logged into your MT4 session or alternatively, under Navigator/Accounts, when logged into your MT4 session – Please do not tell us your Broker name or Password.

[wlss_display_to_members_in_any_level levels="indicator-bundle"]IMPORTANT: Because you have paid for the Forex Useful MT4 Indicator Bundle - To save time please use the title "Indicator Bundle" and we will send you all 3 indicators at the same time; The 3 Little Pigs, PAST and Pivots Strategy Indicators[/wlss_display_to_members_in_any_level]

Please, if possible send your email from the email address you used when signing up to Forex Useful. This will ensure quicker delivery of your indicator.

MT4 Indicator Installation Instructions

If you need assistance installing your 3 Little Pigs MT4 Indicator please refer to our guide HERE.

You can then return to the customisation instructions.

PAST MT4 Indicator Customisation Instructions

Within the “Indicators Properties” window click on the “Input Tab”, if you do not know how to do this please refer to the MT4 Indicator Installation Instructions above.

Pattern Types

(The priority display sequence on your chart, if all are selected, will be Strong Reversal, Long Wick, Two Candle Reversal – This means that if there is a Strong Reversal and a Long Wick set-up the Strong Reversal signal will be displayed)

Include Strong Reversals (Default = “true”) – If set to “true” Strong Reversal Candles will be identified and if set to “false” they will not.

Only candles where the close is greater than the preceding candle open and close and the close is greater than the open are considered for Bullish Strong Reversal selection. Only candles where the close is less than the preceding candle open and close and the close is less than the open are considered for Bearish Strong Reversal selection. Of course the selection criteria you define in the indicator will also be applied.

Include Long Wicks (Default = “true”) – If set to “true” Long Wick Reversal Candles will be identified and if set to “false” they will not.

The selection criteria you define in the indicator will be applied.

Include Two Candle Reversals (Default = “true”) – If set to “true” Two Candle Reversals will be identified and if set to “false” they will not.

The last 3 candle sequence including the current candle must be Bearish, Bearish, Bullish and the close of the current Bullish candle must be above the Open of the 1st Bearish candle in the sequence for the current candle to be considered for Bullish Two Candle Reversal selection. The last 3 candle sequence including the current candle must be Bullish, Bullish, Bearish and the close of the current Bearish candle must be below the Open of the 1st Bullish candle in the sequence for the current candle to be considered for Bearish Two Candle Reversal selection. Of course the selection criteria you define in the indicator will also be applied.

Candle Settings

Strong Reversal Body Size Perc (Default = “50”) – The Strong Reversal Candle Body Size (open to close) size (as a %) compared to the total candle size. For example , if this value is 50 (%), if the high of the candle is 15500 and the low is 15100 (a difference of 400 PIPs) then only Strong Reversal candles with a body size (open to close) 200 PIPs or more will be identified.

Long Wick Size Perc (Default = “50”) – The Long Wick size (as a %) compared to the total candle size. For example , if this value is 50 (%), if the high of the candle is 9800 and the low is 9500 (a difference of 300 PIPs) then only Long Wick Reversal candles with a wick size of 150 PIPs or more will be identified.

Preceding Candle Must Oppose (Default = “true”) – Only applicable to Strong Reversal Candle processing. If set to “true” it means that the candle preceding the Strong Reversal must be Bullish for a Strong Bearish Reversal, Bearish for a Strong Bullish Reversal – If set to “false” it does not matter what the preceding candle type was.

Trend Settings

Candles In Trend (Default = “10”) – The number of candles required to be included when looking for a trend.

Directional Candles In Trend (Default = “5”) – The number of candles within the trend which must be in the direction of the trend, a decent rule of thumb here is to look for 50%, thus is Candles_In_Trend is set to 10 Directional_Candles_In_Trend would be 5 – To negate this setting or turn it off use 1.

Trend Size ATR Percentage (Default = “300”) – The size trend you are looking for as a percentage of the current Average True Range (ATR). For example, if set to 300% and the current ATR was 150 PIPs only trends of 450 PIPs or more would be identified.

ATR Period (Default = “100”) – The period for the Average True Range calculation used above above, typically longer term values work better, 100+, work better as they are less prone to the potential impact of unusual recent high/low volatility.

Display Settings

Hide Pattern Type – If set to “true” Pattern Types will be hidden (not displayed on the chart). If set to “false” they will be(displayed):

  • SR = Strong Reversal
  • LW = Long Wick
  • 2CR = 2 Candle Reversal

Signal Color (Default = “Black”) – The colour for the signals and signal text.

Note: Changing the colours on the “Colors” tab will temporarily change the colours but only for the current session.

Text Font Size (Default = “10”) – The font size for the signal text.

Arrow Size (Default = “1”) – The size of the signals (arrows).

Important note: To ensure optimal performance of the indicator the “look-back” period has been limited to 1,000 candles (that’s about 5 years on the Daily time frame and 20 years on the Weekly time frame). After this period some distortion may occur.

 

Enable Pop Up Alert – If set to “false” you will not get an audible / visual MT4 pop-up alert for each signal, if set to “true” (default) you will.

Enable Email Alerts – If set to “false” (default) email alerts will be disabled. If set to “true” they will be enabled.  You can use these instructions to set up your email.

Enable Mobile Notification – If set to “false” (default) “mobile push notifications” will be disabled. If set to “true” they will be enabled.  You can use these instructions to synchronise your MT4 platform with your Mobile operator.

Note: We know the above email and mobile functions work (note, “Enable Pop Up Alert” must be enabled for them to work). However, some MT4 platforms, Email providers, Mobile operators and Operating systems can be problematic. Due to the many unknowns and the potential effort required we simply cannot provide support for these functions. If you are having issues it is a local problem, it is not indicator specific. Thanks for your understanding.

We Hope You Enjoy Your Indicator
Any problems or questions simply contact us here

The PAST MT4 Indicator Quick Reference Sheet(s)

If you wish you can also download The PAST MT4 Indicator Quick Reference Sheet(s) HERE.

[/wlss_display_to_members_in_any_level]