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GBP/USD Free Trade Signal – 26th May 2020
This trade idea was generated by our powerful Elite Swing Trader System on an H4 time frame.
GBP/USD Free Trade Signal – 26th May 2020
Trade Summary:
When you spot a mistake especially when it comes to the price, please use common sense and check the chart.
We wish you good luck and good profit for this trade idea. For more trade ideas, join the Price Action Society…
If you like our analysis and would like to receive 3 to 7 trade ideas per day, then
Click here to learn more about the Price Action Society.
The post GBP/USD Free Trade Signal – 26th May 2020 appeared first on Advanced Forex Strategies.
Momentum Reversal Detector Indicator
When you add the Momentum Reversal Detector Indicator and use it together with a proven trend trading system like the Elite Swing Trader or Simple Trend Trading System, you can only expect to achieve a better win ratio and better risk-reward ratio.
Technically speaking, you can use this MT4 indicator for all time frames.
However, the shorter the time frame, you will see more fluctuation and possibly more whipsaw which may cause small losses that can eat up your portfolio quickly.
We recommend that you use higher time frames like the H4 for better consistency.
Click Here for Your Free Download of Heiken Ashi MA T3 Indicator.ex4 file
Visit our Free MT4 Indicator Download page.
We hope you have enjoyed this post as much as we have created this strategy post for you.
Good luck and thank you for your readership.
The post Momentum Reversal Detector Indicator for MT4 | Free Download appeared first on Advanced Forex Strategies.
The Heiken Ashi MA T3 Indicator is a custom Indicator that comprises of the Heiken Ashi candlesticks and moving averages.
Combining two of the most popular Indicators, the Heiken Ashi MA T3 Indicator plots visually over the price chart and shows trends in a smooth way.
The main highlight of this Indicator is that it also points to key reversal areas in prices.
Heiken Ashi MA T3 Indicator: When to Get into a Long Position
Long positions are taken when the trend is up.
It is ideal to go long when the alert appears, or when the green dot appears.
This indicates the start of a trend.
However, to be safe, always wait for the next candlestick to open before going long.
You can exit long positions with a fixed risk to reward ratio or simply trail your stops until you get stopped out.
This second option works best during strong trending markets.
Alternately, you can exit once you see an opposite signal forming.
Heiken Ashi MA T3 Indicator: When to Get into a Short Position
Take short positions when the downtrend alert appears or the pink dot.
Wait for the initial candlestick to close and go short on the open of the next candlestick.
You can set your short positions to exit with a fixed risk to reward ratio set up.
You can also trail the stops which will work when the markets are in a strong and steady trend.
Place the stop loss at the previous swing high or swing low point on the chart.
Once price moves a considerable amount, choose to move your stops to break-event.
The Heiken Ashi MA T3 Indicator is a simple Indicator built upon the concepts of the Heiken Ashi candlesticks and moving averages.
The Indicator is easy to work with and when trends are strong, you can really make some big profits.
When you add the Heiken Ashi MA T3 Indicator and use it together with a proven trend trading system like the Elite Swing Trader or Simple Trend Trading System, you can only expect to achieve a better win ratio and better risk-reward ratio.
Technically speaking, you can use this MT4 indicator for all time frames.
However, the shorter the time frame, you will see more fluctuation and possibly more whipsaw which may cause small losses that can eat up your portfolio quickly.
We recommend that you use higher time frames like the H4 for better consistency.
Click Here for Your Free Download of Heiken Ashi MA T3 Indicator.ex4 file
Visit our Free MT4 Indicator Download page.
We hope you have enjoyed this post as much as we have created this strategy post for you.
Good luck and thank you for your readership.
The post Heiken Ashi MA T3 Indicator for MT4 | Free Download appeared first on Advanced Forex Strategies.
AUD/JPY Free Trade Signal – 25th May 2020
This trade idea was generated by our powerful Elite Swing Trader System on an H4 time frame.
AUD/JPY Free Trade Signal – 25th May 2020
Trade Summary:
When you spot a mistake especially when it comes to the price, please use common sense and check the chart.
We wish you good luck and good profit for this trade idea. For more trade ideas, join the Price Action Society…
If you like our analysis and would like to receive 3 to 7 trade ideas per day, then
Click here to learn more about the Price Action Society.
The post AUD/JPY Free Trade Signal – 25th May 2020 appeared first on Advanced Forex Strategies.