Almost all the forex traders fall in the circle of “analysis paralysis”. To make profits consistently, the trading system needs to be simple and easy. A complex trading system is a primary reason to fail in this business. On the contrary, most of the traders believe that the trading system should be complex to become profitable. But statistics show us that simple trading system makes the most money.
You can get a simple forex indicator and trading system from the discussion. This indicator can simplify your trading journey and help you to make consistent profits. If you like you can also check out other free forex indicators, ex: Indicator For Gold Trading or Professional Cougar Indicator.
Simplicity is the key to trading success! Most of the trades have a common perception that the trading system must be complex. In this situation, trades also find it difficult if not impossible to execute a trade.
This trading system is built based on logic and simplicity. The chart is clean and anyone can take clear trades by checking the clean chart. This forex indicator gives you signals to take trades and before trading any trade you need to check whether the trend is in the uptrend or in the downtrend.
Big banks and institutions usually move the market and if you understand their footprint you can become a good trader. If you like you can check another forex indicator which is based on their footprint trading methodology, Shark Trading System.
You can use this indicator to M1, M5, M15, M30, H1, H4, and D1 timeframes. This indicator is only compatible with the mt4 platform. If you like you can test this forex indicator to other time frames. We also mind that this forex indicator works best in the major currency pairs.
All the forex brokers work for this forex indicator. Low spread broker like icmakers is recommended because it’s regulated and trustworthy. When you are choosing any forex broker make sure that the forex broker is regulated where your hard-earned money will be secure enough.
The profitability of this forex indicator is also good. You can simply make profits of almost 80% of the trade you take. When you are trading with any forex system to take trades, always use stop-loses. If you do not use stop loses, your account may be wiped out. It’s because we do not know the market’s next move. And we have to be prepared for the worst-case scenario.
Please test this indicator to your practice account. After you got good results, you can go to a real account and make profits. When you are trading with this forex indicator, always use 1%-2% risk in each trade. You can take less risk but we do not recommend more than 2% risk of each trade. Risk management is one of the most factors for consistently profitable traders.
You can find the free download link below.
How to use:
Step 1: Register Zero Spread Broker: https://provenbinarybot.com/ZeroSpread
Become Funded Trader 10K-200K: https://provenbinarybot.com/ftmo
USA Client Accepted Broker: https://provenbinarybot.com/US-Broker
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
Simple Indicator Download
