In this blog I am going to be sharing fx accurate non repaint mt4 indicator. that can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc.
You can also use it on any time frame that suits you best, from the 1 minute through to the 1-month charts.
FX acccurate Indicator is an indicator system that gives NON-Repaint easy-to-use buy/sell signals. It gives entry, stop and target levels from time to time and implements a multi-time dashboard. It finds trading opportunities by analyzing what the price is doing during established trends.
The indicator is based on a certain channel indicator, which is visible on the chart, and gives signals when the price crosses its borders.
If the price crosses the upper border of the channel, we get a Sell signal on the next candle:
If the price crosses the lower border of the channel, we have a Buy signal on the next candle:
An information window showing the current trend on each timeframe can act as an additional filter to confirm the signal and allow us to follow the current trend.
The dotted horizontal lines on the chart are the support (blue) and resistance (red) levels. These levels can serve us to set trading targets (Take Profit) and to set a Stop Loss.
Trading Rules:
When sell arrow signals on chart,First look trend on information window, if information window shows downtrend, then take sell trade.
Stop loss above point of channel line, and take profit on next support level or 1 is to 2 risk reward ratio.
Similarly when buy arrow appear on chart,
first look trend on information window, if information window shows uptrend, then take buy trade.
Stop loss should be lower point of channel line, and take profit on next resistance level or 1 is to 2 risk reward ratio.
While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
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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