Profitable Forex Indicator ( Alerts Final Draft TT) is a repainted Forex Indicator. But it’s working as Support- Resistance indicator. With your analysis, you can get an idea how to trade Forex with ArrZZx2 Alerts indicator. Please Don’t trade along ArrZZx2.
Use this forex support & resistance indicator, as a get additional idea .otherwise, don’t use to entry confirmation. Because this indicator is a repaint version. Therefore don’t use it as a single indicator. You can get ideas about previous high & low levels from this indicator. This forex indicator is a zig-zag base indicator. You can draw the trend line using this indicator.
How to enter a trade using Profitable Forex indicator.
If you need to enter a buy trade, wait until appear blue lines. Once you got a blue line that is not a confirmation for a buy. You can analyze this trade using the Forex Fibonacci indicator, moving average, RSI indicator, macd, stochastic indicator or Average directional index (ADX). Once you get confirmation for a buy from the above indicators definitely you can enter a buy trade. If you need to enter a sell trade, wait until appear pink resistance line & entry confirmation from your other indicators. If you met all conditions then you can enter buy or sell trade.
you can exit your forex trade once you got the opposite signal from the support & resistance indicator. You can place stop loss level previous support level or resistance level. If you are in buy trade you can place stop loss level for previous support level. If you are in sell trade you can place stop loss level for previous resistance level. Once your trade gets profit move stop loss level above or below the entry point. If so your forex trade is safe. If your trade still going profit you can move your stop loss again & again more up or down.
So you can get a high profit from that method.
Forex Buy trade