Forex value Indicator System
VSD-HA & VSD Signal are a good combination. It’s based on Moving Average.
the Forex value Indicator System is a user-friendly and non-repaint system. Has an alert system.
appear arrows when price begins to reverse and will change the colour of HA lines. Sometimes, this indicator gives false signals.
So you must filter forex trades with your analysis.otherwise, don’t enter to trades every signal. Because indicator change with market volatility. This non-repaint indicator is good for market scalping. you can enter short term trades with this. Once arrow appears you can enter trade & you can exit with target profit as your wish. Not recommended exit with opposite arrow.
When high impact Forex news time please relax from trades.
because of, market volatility can be increased. On that volatility time, we will not get good results from our technical analysis. However, you should take your own risk.
How to install this indicator.
Download indicator > Open forex meta trader platform > Open File menu > Open data folder > Open MQL4 > Go Indicator folder > insert indicator. Restart meta trader platform. Insert indicator to chart. moving average is the best technical tool for identifying trends. Otherwise, you can use the Average Directional Moving Index (ADX) to identify forex market strength. When the Average Directional Moving Index (ADX) is above 25 line currency is strong. ADX below 25 lines doesn’t enter to trade. When you get entry point with your analysis you can check where is the ADX line. ADX line is above 25 line you can enter a trade.
Average Directional Moving Index (ADX) is above 25 line forex currency is strong. If ADX below 25 lines doesn’t enter to trade. When you get entry point with your analysis you can check where is the ADX line. ADX line is above 25 line you can enter a trade.
When you use a moving average to identify your forex trend you can use a simple moving average (SMA) or exponential moving average (EMA). If the price above the moving average you can enter to buy trade.If the price below moving average you can enter to sell trade. Also, you can use the Bollinger band to identify the trend. Enter trade, if the price goes above the middle band & below the middle band.