Home Indicators Forex swing trading IMDB Indicator

Forex swing trading IMDB Indicator

4 min read
0
0
3,036
Forex swing trading

Forex swing trading is a good technical tool. Its forecast white up arrow & green candle for buy trend. For the sell trend, it will forecast a white down arrow & red candle. This is not a non-repaint indicator. But, for higher time frames it will give strong signals. So this indicator good for a 4-hour time frame & 1-day time frame. You can use this indicator with other analyses. This indicator is good for any currency pairs.

Advertisement

How to trade with Forex swing trading IMDB Indicator.

See the above picture. IMDB Forex indicator has combined with a lucky reversal indicator. Lucky reversal indicator will issue a blue arrow with a blue line for buy trades. It will issue a red arrow with a pink line for a sell trade. In this above picture, there are three buy trade-in uptrend. Lucky reversal forex indicator has issued a temporary signal as a white square. Now time to exit all trades.
IMDB indicator has issued a down arrow signal. But you must wait until appear red arrow & pink line of lucky reversal indicator. Once appear that signal, you can enter for a sell trade.

Advertisement

Forex swing trading

In this method, the lucky forex reversal indicator will be working as a support & resistance indicator. So, once you get a signal from the IMDB indicator on that time price must be near lucky reversal indicator. If the price is so far to that support line or resistance line, don’t enter for a trade.

Forex swing trading

See the above picture. The forex reversal indicator issued only a temporary signal. So there is no confirmed trend. That is a ranging period. At that time IMDB indicator has issued so many false signals. So, at that time you can avoid those false signals.

Advertisement

Forex swing trading

See the above picture (Gbp Usd forex currency pair, 4-hour time frame). Last sell trade is still running. No opposite signal. So you can wait until appear opposite signal. If not use a trailing stop. Otherwise, you can exit with target profit pips. Also, you can place stop loss previously higher high or lower low. Avoid any signal within a high impact Forex market news period.

IMDB FX Indicator Free Download.

Load More Related Articles
  • UnderCover Digit Bot.

    Open an Account in Binary.com How to run this Bot? Free Download UnderCover Digit Bot. adm…
  • Quarantine Differ Digit Bot.

    Open an Account in Binary.com How to run this Bot? Free Download Quarantine Differ Digit B…
  • Free Download 100 Best MT5 Indicators.

    MT5 Indicators. MT5 Brokers 2monitoring-spread.mq5 absolutestrengthmarket v1 Adaptive lagu…
Load More By admin
Load More In Indicators

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

UnderCover Digit Bot.

Open an Account in Binary.com How to run this Bot? Free Download UnderCover Digit Bot. adm…