There are very limited indicators for gold out there. If you love gold pairs, you can use any of the proven gold indicators to help your trading. We share a gold indicator for free.
XAUUSD is a pair where you can find the high volatility and make quick profits from this pair. An indicator or system just makes things easier for you.
On the other hand, you can also lose money in a quick time as this commodity is highly volatile and it can move 100 pips in no time. By the way, If you like you can also check out other pairs forex indicators, ex: Professional Cougar Indicator or Millionaire FX System.
The best thing about this indicator is you can trade at any time in the day. The best time to trade using this indicator is London, New York, and Tokyo openings. After researching this forex indicator, you find that only these 2 session gold moves fast and you will get experience after you continuously trade to that pairs.
You see the SMA, arrow, and baseline indicator to this forex system. with this indicator, you can easily scalp gold pairs and make profits. This is also a non-repaint indicator. If you have a manual strategy you can also implement it with this forex indicator, which means you can use this forex indicator as a confirmation of your trade entry.
When you are trading with this forex indicator, always check the trend. We encourage you to follow trend signals which are most profitable to take. And it also protects your capitable. Reversal signals are always risky.
This forex indicator is only compatible with the mt4 platformer. You can use a lower time frame to the scalp using this indicator and use only a gold pair. But you can also check this forex robot to other forex assets to test it.
You can use any broker. Usually, you see that the gold pair spread is much higher than any other normal pair. icmarkets broker gives us a reasonably low spread than the other broker.
The profitability of this forex indicator is also good. You have to test this indicator to your mt4 chart and practice some days or weeks. After you are confident about this indicator, you can use this when you are trading real. If you do not like manual trading, you can check the forex robot called Girrassol EA.
You should build up a trading plan when you are trading with indicators or manually. For example, if you lose 2% of your balance in a day stop trading ad after you are winning 10%-20% you should also stop trading to enjoy profits. Discipline is hard, but the fruit of the discipline is very sweet, and it’s the main success formula in forex trading.
You can find the free download link in the button below.
How to use:
Step 1: Register Zero Spread Broker: https://provenbinarybot.com/ZeroSpread
Become Funded Trader 10K-200K: https://provenbinarybot.com/ftmo
Step 2: Download the Forex Indicator or forex system
Step 3: Install the Indicator to your MT4 platform
Step 4: Run the Indicator to your demo account first
Step 5: Do some trade to your demo account according to the forex system or indicators
Step 6: Go to real account and apply the proven system
Step 7: Make Profit
Recommended Settings:
Recommended balance minimum $500
Initial Lot: $0.01
Time frame: 1 hour/4 hour
Please watch this trading video after download
contact: pforexindicators@gmail.com
Get All Forex EA and Forex Indicator (+Upcoming): https://provenbinarybot.com/All-Forex-Indicators-EA
Best MT4 Indicator For Gold Trading Download
