This method of trading is based on bounce on support and resistance lines. Expiry time 1 candle or half candle. In the folder there are also other indicator MT4 of support and resistance that yocRead more
See full risk disclosure for hypothetical limitations. All results shown on this website are hypothetical, back-tested results. Are You Fed Up of Losing Money in #Forex #Market. You accept full responsibilities for your actions, tradesRead more
setups for both the Call and Put trades. The trade is set as soon as the dot appears. Trading Examples (Click the image for full size view). Ex4 indicator paints a blue dot below a candle for a bullish signal, and a red dot below the candle for a bearish signal. Ex4 indicator is a very simple strategy. Depends on when the indicator signal appears on the chart. OsMA lines cross in oversold territory. The indicator can actually present several opportunities on one asset and in a single day, allowing for good profits.
The following must be emphasized: The dot which signifies trade entry will appear when the entry candle is already open and not as the candle is about to open. Preferred Time Frame(s 1 minute, 5 minute, 15 minutes, 1 hour.
The trade must last four candles to give enough room for profitable performance. Simple MA (signal line). For this M15 chart example, this corresponds to 1 hour. Expiry is at the closing price of the 4th candle.
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You can also close the trade early when the trade is in profit for a smaller payout. Macd histogram bars cross from positive to negative. About The Trading Indicators, study the chart properly to see the various points at which the macd-dot. Expiry for PUT Trade, set the expiry forex market meaning in hindi time of the trade to close after 4 candles. Chart Setup, metaTrader4 Indicators: macd-dot. PUT entry rules, a PUT trade is setup when the following occurs: A red dot appears above the candle. Ex4 indicator presents trade opportunities.
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