mportant Rule #1:
Do not use the indicator on a flat market! Use the indicator ONLY at active market hours – for example London session, US session.
Trend will not be noticeable on a weak market (night time, Christmas period, other holidays etc…) keep reading and I will explain everything …
Important Rule #2:
- Identify a current trend. (Remember? Trend is your friend?)
- Ignore all signals against a current GLOBAL trend!
- Try using the informer to find out how strong the current trend is.
- Identify a current trend. (Remember? Trend is your friend?)
- Ignore all signals against a current GLOBAL trend!
- Try using the informer to find out how strong the current trend is.
Important Rule #3:
The next highly important rule: Do not trade and do not use the indicator on a sideways trend. This is a “MUST follow” rule.
If you DON’T follow or ignore the rules above – good results are NOT guaranteed!
The next highly important rule: Do not trade and do not use the indicator on a sideways trend. This is a “MUST follow” rule.
If you DON’T follow or ignore the rules above – good results are NOT guaranteed!
Stop Loss :
Place your stop loss according to the popup alert SL.
In most trades stop loss is calculated with this formula:
Previous bar high or low + extra number of pips.
You can adjust the SL extra number of pips in the indicator
DOWNLOAD
Place your stop loss according to the popup alert SL.
In most trades stop loss is calculated with this formula:
Previous bar high or low + extra number of pips.
You can adjust the SL extra number of pips in the indicator
DOWNLOAD
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