This method applies the same techniques used by the professional Floor Traders and is based around what a 5 minute bar is indicating at any given time.
Metatrader Indicators:
Grab Range;
Grab long;
Grab Short;
Pivot levels.
Chart Set Up
Set up and refer to these three charts only, no others:
Set Grab metareader indicators on 5 min and 15 min charts.
Grab indicators
These are used to assist with determining the strength, weakness or neutrality of the market and which direction to play it.
Just how profitable is each technical indicator on its own? After all, forex traders don’t include these technical indicators just to make their charts look nicer. Traders are in the business of making money!
If these indicators generate signals that don’t translate into a profitable bottom line over time, then they’re simply not the way to go for your needs! In order to give y’all a comparison of the effectiveness of each technical indicator, we’ve decided to backtest each of the indicators on their own for the past 5 years.
SuperScalper – profitable scalping strategy
SuperScalper – very profitable scalping strategy and therefore it is very popular among traders. A little practice and you will feel the benefits of this system, you can based on it to build your own profitable scalping strategy by collecting it from various elements – for example, adding strategy SuperScalper trailing-stop from 1 pip or additional elements to better define the entry points to the trade.
Simple trading systems, as we know, are not necessarily unprofitable. Today we look at Forex Profit Boost – a simple indicator, which in itself almost an entire trading system. This indicator is a hybrid consisting of two classical indicators: Bollinger Bands and Moving Averages. Forex Profit Boost are not repainted, easy to use and configure.
Permission to post in this thread is no longer required. The thread is now open to all and from this post on, I will no longer be participating here. My PM feature is turned off so you may not contact me.
Posts prior to my final post are (more or less) in accordance with the thread rules. I cannot comment on anything after my final post.
RJ