Element fx - forex system
The red squares are average, the blue squares are strong, and the yellow s are very strong. There is a lot more involved. The Fire Signal will look like this It will consist of 3 types of squares.
Wait for the market to hit the white line and then enter when the market touches the Red line. You will see a Sell Now! Only Trade in the direction in which the D1 and H1 is indicating.
This software has a feature called iPipsTrigger which should be adjusted accordingly based on the time frame you wish to trade.
Notify me of follow-up comments by email. Notify me of new posts by email. Fantastic Signal Generating System Price: USD 49 Official Site: The Fire Signal will look like this It will consist of 3 types of squares. If a yellow square has shown means there is a much greater and sooner chance of reversal than that of the red and blue.
If you want to be safe, and if you intend to hold on to your trade, then only trade the yellow squares. As you can see, there is a message at the top. What they point our are reversal points. If a yellow square has show means there is a much greater and sooner chance of reversal that of the red and blue. But this does not mean that you don t trade the brown and maroon squares.
If you want to be safe, and if you intend to hold on to your trade, then only trade the yellow squares.
As you can see, there is a message at the top. Once you have entered your trade based on that, you must know when to exit and keep your Stop Loss. If you go into the indicator properties, scroll down until you see the option SHOW. It will then project strong price levels which are the most common Take Profit and Stop Loss points that trades use.
The default of the software is set to a 5 pips trigger. If you are wanting to trade higher Time Frames, then you must increase the trigger amount. Using a small trigger on a high Time Frame is pointless. You will notice that the lines are almost overlapping each other if you go onto the higher Times Frames. That is because the trigger is currently set to 5 pips. You have to increase this this number. So increase that number Time Frames you go.
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