Indicator View
The KISS 2.0 Indicator is more than just a signal tool; it is a complete trading framework. The indicator works by analyzing price relationship to the Red Moving Average and cross-referencing it with momentum filters. When the market aligns, a color-coded arrow appears. Unlike standard indicators, KISS 2.0 requires a “Candle Close” confirmation, ensuring that you never jump into a “fake-out” signal.
The core of the system relies on the Owami Filter, which acts as a gatekeeper. If an arrow appears but the filter does not show confirmation, the trade is avoided. This conservative approach is designed to protect your capital in choppy or sideways markets.
Installation Guide
Extract the Files: Open the KISS 2.0 folder downloaded from Trading Kernel.
Install Indicators: In MT5, go to File > Open Data Folder > MQL5 > Indicators. Copy the “KISS 2.0” and “Owami’s Filter” files here.
Install Template: Go back to the Data Folder, navigate to MQL5 > Profiles > Templates. Paste the
KISS 2.0.tplfile here.Restart MT5: Close and restart your MetaTrader 5 terminal.
Apply to Chart: Right-click on any chart (e.g., XAUUSD, M15), select Templates, and choose KISS 2.0. Your setup is now complete!
Trading Rules
Buy Signal: Wait for a Green Arrow + Candle Close above the Red MA + Green confirmation on the Owami Filter.
Sell Signal: Wait for a Red Arrow + Candle Close below the Red MA + Red confirmation on the Owami Filter.
Stop Loss: Place at the most recent swing high/low (standard +/- 200 pips for volatility).
Take Profit: Aim for a Risk:Reward ratio of 1:2 or 1:3.
FAQ
Q: Does it repaint?
A: No, the signals are calculated on the close of the candle to ensure they remain fixed.
Q: What is the best timeframe?
A: While it works on all timeframes, M15 is the “sweet spot” for high-frequency accuracy.
Q: Can I use it on Prop Firm accounts?
A: Yes, it is excellent for Prop Firm challenges due to its strict entry requirements and risk management focus.
Reviews
Clear filtersThere are no reviews yet.