Auto Trade Fusion is a free indicator. It is one of the best indicators that a trader should have if you are looking for an indicator. The indicator is designed in such a way as to simplify the work of making decisions of whether to trade or not and also where to place your stops. It actually almost acts as a robot, with the only difference being that this indicator doesn’t place the order despite giving you the signal to place the orders.
Auto Trade Fusion Indicator indicates a lot of crucial information for the trader. It tells the traders when to place an order, the level at which to place the order, and also gives the places level at which your stops should be. It displays the information in a very easy to understand manners such that even a forex beginner is able to use the indicator.
You can actually see what is displayed by the Auto Trade Fusion indicator by looking at the above photo. Starting from the top left corner, there is the market information. The displayed market information includes: account currency (the currency that you use for your account; e.g. you might be having 2000 US Dollars in your account), account balance, account free margin, currency spread, leverage and digits.
Below the market information there is another space that is placed between two dotted white lines. This is the place at which the order entry point is indicated. It show at what level (market price) to place the order, what type of order, the target level (take profit; e.g. @1.11045), the stop level (stop loss; e.g. @1.11545). If the Auto Trade Fusion indicator detects no indication for any signal this area will be blank like as per the photo above. If this area is empty, then the trader should not place an order, he should rather scroll through the timeframes to see if there is any where the indicator has a signal. If none, then the trader should look for another currency pair or wait for a signal on the same currency pair.
If you look at the top right corner, you will realize that there is some time that is displayed there. This is the duration that the current candle being formed will take for completion so that another candle can be formed. Mainly when a signal appears then you should wait for the next candle to form and then you open your positon. Therefore, you have to look at this time.
Apart from, just giving you a signal, the indicator also draws line at the various concerned levels (entry point, stop level, target level/ take profit). The entry level is also indicated by the market price being enclosed in a box just at the entry level line. Also in case you are not near or you are not concentrating on the market, there is an alert sound and pop up box that is designed for alerting you.
Free-Auto-Trade-Fusion-Indicator . rar
Source : forexobroker.com
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