If you want to get into the forex trading business, you have to have good capital. The earnings from forex trading are directly related to how much you can invest. Unfortunately, most new traders can not invest much money, so over risk their investment and lose their entire account. The good news is that nowadays, trading capital is not an issue. There are so many proprietory firms you can find online that provide capital for trading. You need to prove to them that you can trade with proper risk management.
If manual trading is not profitable, you can use an auto-trading robot or indicator for trading forex. If you use any forex indicator, you can take the trade after getting trade signals. The best practice is to analyze the market and trade accordingly with trading signals. We shared many forex resources; you can also check Breakout Forex Indicator or TakePropips Forex Indicator.
This Forex indicator is created based on the forex market’s trend following strategy and price action. The trend is always your friend if you know that the trend will not reverse. So, when watching the trending market, do not just think or hope that trend will not change. The market can do anything is any time.
All the market structures and conditions are designed to trap the retail trader. The big banks and institutions want the retail traders’ money. So they collect the pending order and move the market in another direction. If you are an experienced trader, you already understand it. Or, if you are a new trader, you will appreciate it over time.
When using this forex indicator, you need to follow the trend. You will see that the forex indicator provides many trading signals. It would be best not to take all the forex signals that this forex indicator offers. It’s not wise! You must manually identify the trend following signals and take those trades to make money from the financial market.
No forex indicator can give you perfect trading signals all the time. So you have to analyze the market as much as you can before taking any alerts. And if you lose any trade, do not think that this forex indicator is not working; this trading system eventually helps you make good profits from forex.
You can use this forex indicator for any trading assets you like. Significant currency pairs and major commodities work best for this forex robot. You can use the 15M to the 4H timeframe to use this forex robot.
You should already know that we cannot trade without the forex broker. So, when using this forex broker, you need to use any regulated forex broker where your capital will be secure enough. On the other hand, ECN brokers are helpful for scalping trades. ICMarkets is one of the regulated ECN brokers you can check.
The forex indicator can provide 40%-50% profitability on major currency pairs. However, you can also face some drawdown. You can find the accurate results for this forex indicator when you test it on your demo account.
You should always use money management and trade management to secure your capital in the forex market. You can find all the free download details in the materials 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: Take some trade to your demo account according to the forex system or indicators
Step 6: Go to the 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