Price Action Indicator mt4- Butterfly Forex system 1
This system is non-repaint forex system. Any time frame, Any currency pairs are good for this system. Don’t trade within high impact news period & ranging market. Don’t enter to trade with one signal.
How to install Butterfly forex template
Open meta trader platform>Open data folder>Open MQL4>Open Indicator folder>insert all ex4.files to Indicator folder. Open Template folder>insert tpl.file to template folder. Restart meta trader platform or otherwise refresh navigator.
How to enter the Buy trade?
1.Colour Green Butterfly Forex Triangle,
2.Colour Green Square buy signal,
When appearing above indicators together, enter to the buy trade. Exit from the trade when you get the target profit or exit when appearing colour Red triangle. Otherwise, you can exit the nearest resistance level. Place stop loss for lower low level or nearest support level.
How to enter the Sell trade?
1.Colour Red Butterfly Forex Triangle,
2.Colour Red Square buy signal,
When appearing above indicators together, enter the Sell trade. Exit from the trade when you get the target profit or exit when appearing colour Green triangle. Otherwise, you can exit the nearest support level. Place stop loss for higher high level or nearest resistance level.
Free Download Butterfly system.
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