This Indicator is a NON-Repaint indicator system that gives easy-to-use buy/sell signals. This set-up will suit Scalpers and Binary Traders. It uses trend lines, support and resistance, and other complex strategies.
This system uses TMA bands, those blue and red bands. This is the most important part of this system. It plots both upper and lower channels at the main chart window. Price hits the upper channel means the market is entering the overbought condition. On the other hand, the price at the lower band indicates the oversold condition of the market.
The current price is most likely moving inside of the red–blue bands. when the price is getting near the edge of the upper or lower band, that’s where you need to keep your eyes peeled for a trade opportunity.
Trading Rules:
- When Price broke through the lower border of the channel, and that time green arrow and green dot appear together,Then immediately take buy trade.
- Similarly When Price broke through the upper border of the channel, and that time red arrow and red dot appear together, Then immediately take sell trade.
- Candle timeframe 1 min and expiry will be 5 minutes.
- Also avoid trading during news release time.
- Best trading time european sessions and new york sessions.
- This Indicator System can be used on any currency pair and other assets such as stocks, commodities, cryptos.
Hello Trader, My name is Ankush. On the blog "AM Trading Tips" contains Indicators and Trading Systems for Forex and Binary options. With a variety of trading (Forex and Binary indicators,trading strategies for different trading styles,and also Expert Advisors) that can be absolutely free
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