I have a lot of experience in Forex. I combined these experiences in an indicator. I called it 'The Grand Forecaster'.
I would like to share my 1-month trial period with this indicator. If it works successfully, I'm thinking of selling it at a reasonable price.
What the indicator does is basically to create a point of support and resistance by analysing a pair in 4 hour periods. This indicator makes forecast and proposal for buy and sell of a pair.
The decision to buy and sell at these levels is up to you. You should pay attention to the news events when making this decision.
First forecast on GBPUSD:
Buy GBPUSD at 1.3145 (1 lot), if it breaks this level, then buy GBPUSD at 1.3080 (2 lots)
You can adjust the lot size for yourself. Pay attention first/second entry ratio. It must be 1:2 or 1:3.
TP is up to you. SL is important. For first entry, SL is 30 pips under/over second entry. SL of second entry is 30 pips.
I would like to share my 1-month trial period with this indicator. If it works successfully, I'm thinking of selling it at a reasonable price.
What the indicator does is basically to create a point of support and resistance by analysing a pair in 4 hour periods. This indicator makes forecast and proposal for buy and sell of a pair.
The decision to buy and sell at these levels is up to you. You should pay attention to the news events when making this decision.
First forecast on GBPUSD:
Buy GBPUSD at 1.3145 (1 lot), if it breaks this level, then buy GBPUSD at 1.3080 (2 lots)
You can adjust the lot size for yourself. Pay attention first/second entry ratio. It must be 1:2 or 1:3.
TP is up to you. SL is important. For first entry, SL is 30 pips under/over second entry. SL of second entry is 30 pips.