Chuyên mục lưu trữ: Support & Resistance

Day Trading,Signal,Support & Resistance

A Day Indicator

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The A Day Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify profitable trading opportunities in the Forex market. The indicator uses a combination of technical indicators to generate buy and sell signals. It is designed to be used with any currency pair and timeframe. The indicator works by analyzing the price action of the currency pair to identify potential trading opportunities. It looks at the price action of the currency pair over a set period of time to determine if there is a trend that could be exploited. If a trend is identified, the indicator will generate a buy or sell signal. The indicator also takes into account the current market sentiment to determine the strength of the signal. It is easy to use and understand, and can be used by traders of all experience levels.

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Day Trading,Support & Resistance

4X Bheurekso Pattern

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The 4X Bheurekso Pattern indicator is a popular and useful tool for forex traders on the MT4 platform. This indicator is designed to identify Bheurekso patterns on the charts, providing traders with valuable insights into potential market trends. The indicator is free to download and easy to install on the MT4 platform. To use the 4X Bheurekso Pattern indicator, simply attach it to your chart and wait for it to identify Bheurekso patterns. Once a pattern is identified, traders can use this information to make informed trading decisions. This indicator can be a valuable tool for both beginner and experienced forex traders, helping them to identify potential entry and exit points in the market. Overall, the 4X Bheurekso Pattern indicator is a popular and free tool for forex traders, offering valuable insights into market trends and patterns.

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Day Trading,Support & Resistance

3 Level ZZ Semafor TRO Modified

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The 3 Level ZZ Semafor TRO Modified Indicator is a useful and popular Forex indicator for the MT4 platform. It is free to download and can be used to help traders make more informed decisions when trading the markets. The indicator uses a combination of multiple time frames and price action to identify potential reversal points in the market. It is based on the ZigZag indicator and uses a modified version of the ZigZag to identify the market turning points. The 3 Level ZZ Semafor TRO Modified Indicator works by analyzing the price action of the market and identifying key support and resistance levels. It then uses a combination of multiple time frames to identify potential reversal points. The indicator is based on the ZigZag indicator and uses a modified version of the ZigZag to identify the market turning points. The indicator also has a built-in alert system which can be used to notify traders of potential reversals in the market. It is a popular indicator for Forex traders as it can help them identify potential reversal points in the market and make more informed trading decisions.

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Day Trading,Support & Resistance,Trend

1-2-3 Pattern

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The 1-2-3 Pattern indicator is a trading system for the MT4 platforms designed with the 1-2-3 pattern indicator and the Fibonacci levels to detect the trend direction of the market.

The 1-2-3 pattern signals the potential end of a trend, which is detected by the zig-zag tool. On the other hand, the Fibonacci levels also show the trend reversal zones for a possible change in the direction of the trend. Furthermore, it also displays the ideal entry/exit zones.

This 1-2-3 pattern indicator stands out as one of the best versions because it uses the Fib levels along with the 1-2-3 pattern analyzer to deliver an accurate technical analysis of the market’s trend. In other words, the indicator uses two trend reversal confluences to determine the end and possible new direction of the trend.

This makes sense because the Fib levels are essentially support/resistible zones for trend reversal, while the Zig-zag tool also detects the end of the trend.

Furthermore, the indicator delivers great results identifying a trend reversal and continuation setup, regardless of the market trend condition (trending or ranging). Besides, it also does not repaint, which makes it more reliable for trading.

a) Zig-Zag and the Fibonacci retracement tool: The synergy of the Zig-zag tool and the Fib level makes the indicator deliver more credible buy/sell signals with their respective entries/exits.

b) Optimal entries/exit zones: The indicator was designed to read the price action of the market and delivers precise entry/exit zones. This makes it a user-friendly trading indicator recommended for newbies and advanced forex traders.

c) Price Target: The indicator also comes with a feature that enables it to display the suitable level to exit a trade. Again, this makes it convenient for newbies and advanced forex traders to identify an optimal zone to exit a trade.

 

The indicator comes with the following customizable settings:

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