In this blog I am going to be sharing "Best Forex Day Trading Non Repaint Metatrader 4 Indicator" are used in almost all markets to get a prefect entry point.
Trading
Rules:
1. Platform - Metatrader
4
2. Asset - Any Currency Pair
3. Candle Timeframe – 15 Min To 4 Hr
4. Trading Time – European Session & New York Session
5. We will take trade only trend
following signals. Therefore, we will take buy trade when the price is in an
uptrend and we will take sell trade when price is in a downtrend.
6. SELL Trade Rules
All moving averages slope downward in
this chart, the moving averages both line crossover with each other, yellow
line is below and blue line has made a position upper side, and is continuously
going downwards, but downwards While leaving, the gap between the yellow and
blue lines is also
increasing continuously. And after the
crossover of the moving averages, the candle is also appearing towards the
lower side of the moving averages.
The trend channel indicator is also on
the lower side of the moving average and its slope is also downward.
And candle bars are also being made in
red color on the trend momentum indicator below.
In such a situation if you get sell
signals from the indicator then the perfect entry should be between the trend
channel top line and the middle line of the signal candle.
7. BUY Trade Rules
Exactly opposite of sell trade.
8. Stop Loss
Stop loss will be on the top line of
the trend channel.
9. Exit Rules
The first take profit will be on the
middle line of the trend channel and the second take profit will be at the
bottom line of the trend channel indicator.Free Download Indicator Here 1 OR Here 2
Hello Trader, My name is Ankush. On the blog "AM Trading Tips" contains Indicators and Trading Systems for Forex and Binary options. With a variety of trading (Forex and Binary indicators,trading strategies for different trading styles,and also Expert Advisors) that can be absolutely free
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