Forex Trend Profits is a very simple indicator which, on the recommendation of the author, is intended for trade only one pair EURUSD and only on H1 timeframe. Forex Trend Profits Indicator is not repaint and is mainly used for intraday trading. And although the authors recommend the use of this indicator only on EURUSD H1, but it shows good results in other pairs and timeframes.
Characteristics of Forex Trend Profits
- Platform: Metatrader4
- Currency pairs: EURUSD
- Trading Time: Any
- Timeframe: H1
Rules of trade by Forex Trend Profits Indicator
Rules of entry into the position is very simple:
1. Blue arrow upward - open Long position
2. Red arrow downward - open Short position
Of course, Forex Trend Profits should be applied to trade only with the use of additional filters. Alone, this indicator gives a lot of false signals. And do not trade with Forex Trend Profits on unclear trend or sideways trend.
When a trade is open and neither the Stop Loss or Take Profit has been hit and the indicator senses a change in direction, you’ll get an alert to close the trade early (the alert will be like the one shown below):
forex_trend_profits .rar
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