In forex trading, There are three types of market conditions, are ranging market, trending market, and reversal market. Expert says that a trending market is good for trading, but if you know what you are doing all the market conditions can be profitable.
Apart from that if you can use any forex indicator for trending market or other market conditions, you can find things that can be much easier than before. We share so many forex indicators and forex robots here. If you like you can also check out other forex indicators, for example, MPS Forex Indicator or Bolt High-Profit Forex Trading System.
Your trading journey will be a complete package when you are using this forex indicator. By using this forex indicator you can make decisions about market entry and market exit. You will get lifetime access to this forex indicator.
This forex indicator is created based on the SFI strategy. The goal of this forex indicator is to get into less trade and target profits will be smaller than usual. Overall the indicator strategy will be profitable over the long run.
When you can get signals, wait for the candle to close. It’s not a valid entry if you enter into the trade in the opening of the candle. We know the purpose of trading is to secure the capital first and make profits using it.
In this forex indicator, you can adjust the setting, the sensitivity of the indicator, and have a custom set based on your trading style, assets, timeframe, and market condition. You can play around with the setting and find out the best setting for you.
You need to put stop loss manually to the last low or high of the market structure. You can use trailing stops to manage your profits or trades. This forex indicator is not a repaint indicator. You will find that the signals are fixed according to the market trend.
You can use this forex indicator for any currency pairs you like to use. We found that M5. M15 and M30 work best for this forex indicator. We did not test it to other timeframes. But we are sure that all the time works well with this forex indicator.
You have to have mt4 software to use this forex indicator. There is no MT5 of this forex indicator. If you like you can also get trading signals to your mobile phone.
When trading in the forex market as a retail trader, broker choice is a vital factor. We recommend using a low spread regulated broker for trade accuracy. ICMarkets is one of the regulated low spread brokers we are using for the last few years and we found it has a competitive spread and commission per lot.
After testing we find that you can get up to 70% winning rate using this forex indicator. Yes, 30% of these forex indicator signals are wrong. And you cannot find anything 100% in the forex industry.
To get accurate statistical data, you need to test this forex indicator and take trades to your demo account. We know that we all want to make money quickly, But without testing most of the trader loses money. Trade with discipline and following proper money management can make you a pro trader over time.
You can find all the download details 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 balance minimum $500
Initial Lot: $0.01
Time frame: 1 hour/4 hour
Please watch this trading video after download