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Best indicator for forex trading

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Best indicator for forex trading
1.ASC Trend Fx Indicator

Best indicator for forex trading

ASC Trend Forex Indicator and ASC 1i Trend tape are good indicators. Always follow the trend. Don’t trade opposite to trend. confirm arrow after the current candle close.

How to install this indicator.

Download ASC indicator> open meta trader plat form> go file menu> open data folder > open MQL4> open indicator folder> insert indicators> re start meta trader platform.

Best indicator for forex trading
2.ASC Trend Fx Indicator

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Best indicator for forex trading

ASC Trend Forex Indicator gives us a two-color signal. A blue line appears to buy trade. The pink line appears for a sell trade. ASC trend 1i indicator gives us an up & down arrow signal. The yellow arrow appears to buy trade & purple arrow appear for a sell trade. Are you a trend trader or scalp trader? If you are a scalp trader you can trade within a short period.

If you are a long term trader you must follow the trend of higher time frames before entering trades. Also, analyze trends & confirm reversal points using other technical indicators. If you are entering a trade with these indicators wait until appear color line & arrow for one direction. Once color line & arrow agree for one direction then you can enter for a trade.

Best indicator for forex trading
3.ASC Trend Fx Indicator

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If you get a purple arrow with the pink line you can enter for a sell trade. Once you get a yellow arrow with the blue line you can enter for a buy trade. Don’t enter to trade in a ranging market. How you can identify a ranging market? If the price moves continuously between support & resistance line it called a ranging market.

You can choose exit one of the following methods. If you are a scalp trader, exit with your target profit pips. Otherwise, you can exit one of the opposite signals. If not, use to support & resistance line to exit from your trades. Also, you can use a trailing stop to exit from your profitable trades. Place stop loss for higher high or lower low levels.

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Best indicator for forex trading
4.ASC Trend Fx Indicator

A S C Trend Forex Indicator Free Download

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