If you want to become successful in forex, you have to treat it as a business. And you have to treat your capital as an inventory. You know you cannot run any physical business without your inventory. If you lose your inventory you are not in a business. If you can develop your psychology in this way, you can make decent profits day after day.
So do not lose your capital. If you lose it you are out of the business. Your first and foremost goal is to stay in the business. If you can stay in the business, you can find opportunities from time to time. There is some forex indicator to test which can help you not to lose your entire account. We have shared so many forex indicators for free, you can check out some, Reversal Indicator or FX Scalper Indicator.
This forex indicator is created based on the divergence and price action strategy of the forex market. This is a non-repaint forex indicator. But you can find arrows slightly change if you reopen the terminal.
If you can search online, you can find that divergence is a powerful forex indicator. With the deliverance, you can identify the volume of the buy and sales pressure. And in this way, this indicator can help to identify when the price may reverse.
Price action with deliverance strategy can beat the market maker. You can identify the market make footprint using this forex trading system. If you can really identify the market maker or big bank’s price footprint, you can make decent profits over time.
This is an mt4 forex indicator. You cannot use it on the mt5 platform. When you install this forex indicator you see that the last trade has 3 tp positions. This is the main uniqueness of this forex indicator. You can divide your every trade into 3 take-profit. positions. If you want to use a forex robot without manual trade execution, you can start with Most Profitable Forex EA.
This forex indicator can be your extra resistance with your own strategy. You can use this forex indicator for any timeframe and any assets. We see that this forex trading system works best on 15M, 1H, and 4H timeframes. And all the major currency pairs work with this forex indicator
ICMarkets is the broker we are using regularly. This is a regulated and low-spread broker. You can use any other low spread broker you like to use.
You can make decent profits using this forex indicator as we tested. You can double or more your account balance within a few months. But do not believe any of the ridiculous statistics you find. Test yourself and you will find the real truth about this forex indicator.
As you already know that most forex traders lose money because of the psychological breakdown. If you can develop your trading psychology, follow the money management, follow the trade management plan, and many other things, You can become a profitable forex trader over time.
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: Make 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 balance minimum $500
Initial Lot: $0.01
Time frame: 1 hour/4 hour