Free Double Top Bottom Indicator Extremely Good Edge

Here’s everything you need to know about Free Double Top Bottom Indicator Extremely Good Edge. Find all the information it in this article.

This entry was posted in MT4 Forex Indicators, EAs, Scprits and tagged Double Tops Bottoms Indicator. The aroon indicator also known as aroon or aroon oscillator is used to determine the strength of a trend. WhaleFin partnered with the leading non-profit organization Whale & Dolphin Conservation and officially adopted a 46-year-old female humpback whale named Salt.

I’m the owner of and a professional software developer who trades since more than 10 years. Recently was a double bottom signal on GBPCAD M30 within a bullish MACD Divergence. Recently was a double top signal on EURUSD H1 within a bearish MACD Divergence. You can even use a voting system and see how other traders have voted the signal. And that’s the reason why the indicator is so profitable. Request the Ultimate Double Top/Bottom Indicator which is used by 30,000+ traders.

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Request the Ultimate Double Top/Bottom Indicator which is used by 10,000+ traders. Double bottoms on H4 are stronger and don’t need a preceding climactic downward move. Only practice Indicators, EAs, Scripts at liveforexsignal.com on your demo accounts. The system would display how much BTC you would receive for selling your gift card.

Check out the creator’s website for detailed explanation on the top-down approach to trading successfully using this indicator. This free indicator is worth taking for a test drive, and the paid version is well worth a few cups of Starbucks latte. Recently was a double bottom signal on EURCAD H1 within a bullish MACD Divergence. On the next day, which was a Friday, the price started to make the upward move.

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It is best that you find one concept from the below which you are comfortable with and keep practicing it. The member of my Telegram group also conducted this analysis to see the improvement in the performance. If you apply the concepts that I will teach you, then you can improve the win ratio from 57% to 79%. I will show you how you can use simple logic to achieve this. It is as simple as waiting for the traffic to allow you to cross the street.

We encourage you to seek independent advice and the staff at FXGears does not hold themselves out as financial advisors. In the following screenshot you can see a double bottom signal on EURNZD H1 within a bullish MACD Divergence. I trade since 2007 and I’m a professional coder since 1995. My ultimate goal is to provide real value to the retail trading community.

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There was no broken trend line, no preceding bigger V and there was no bullish divergence. I wanted to post regularly on investing.com to get more outreach. But the staff of investing.com needed 8 hours to evaluate my analysis and press the publish button. This reaction time is far too slow for my analysis and preferred time frames. So probably this was my first and only analysis on investing.com. On Thursday I did an analysis of the bigger picture live in the DTB-telegram group after a double bottom signal was sent to the signal channel.

The signals have also a huge profit potential because the next resistance/support area is usually far away. These special Double Tops/Bottoms are created by the smart money to accumulate its own position size. With the fake breakout the smart money traps as much traders on the wrong side of the market as possible. Then the smart money reverses the direction very sharply.

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But it doesn t have nifty on it when i checked it so today s article is about mt4 for nse nifty index and nse stocks and sensex. Aroon up down forex indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. The indicator was developed by tushar chande around 1995. If you are looking to download the aroon indicator mt4 the download link is at the very bottom of this post. Between the two trend lines, there is a significant space. The entry of the double top pattern or the double bottom pattern is the trigger for the trade.

#Add it on the price chart with the wrench at the left upper side of your chart. I will try to test it to see if I can find a nice robust strategy around it. Base on this information, then simple mathematics is use for detect and draw a triangle where a double top is located.

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I already explained the first of the 4 trades in the previous blog post. Learning from these setups will give you the conviction that the Double Top/Bottom concept is all you need to get profitable. The third trade that I called live was a double bottom on GBPUSD H1 late on a Friday. Therefore I said I will search for a good entry opportunity on Monday.

This time it was on USDCHF and it got a 1.75R winner very fast . I also predicted that the smart money will reverse the price very sharply to the upside after the stop hunt. The stop hunt and the sharp reversal forms a V-shape pattern on the chart. The same divergence situation developed on the time frame H1, as you can see in the following screenshot. The situation of the bigger picture (H4/D1) is the most important part to select high probability double top/bottom signals on M30/H1.

Up To 79% Winning Trades With The Free Double Top

Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. I can proudly present a very good Double Top/Bottom indicator which gives you a good edge over the market and which is based on sound trading logic.

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You can count the trades which ended as losing trades on one hand. You can check all trades by scrolling back and learn from my explanations. After the final stop hunt by the smart money the price shoot up as expected. So my initial analysis “A big reversal is ahead because of USD weakness” was correct. I was victim of a final stop hunt by the smart money and could not make money from my this reversal.

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Many of them are now constantly profitable traders. You will have the biggest edge with the indicator if you add an edge of the bigger picture. This means that you should FILTER the signals and only choose those signals which are in direction of an edge of the bigger picture.

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These 4 trades are only those trades which I posted live. In July were around 20 highest probability setups which you could select. The climactic downward move produced a strong oversold situation and a lot of space to the descending downward trend line, which acts as resistance. The price was ready to pop up, at least into the region of the downward trend line. The long trade on Brent that i called live was good, but it had not the extraordinary quality as the EURUSD trade explained above.

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Contact me immediately after the purchase to get the settings and a personal bonus! With theoretical performance, I mean that this could have been the profit if you would have exited every trade at the optimal price level. Of course, this optimum result can’t be achieved during real trading conditions where you don’t know future price moves.