Sometimes forex indicator can help us to make decision in our forex trading activity. One type of trading system that I like too … very relaxing …. just check 4 hours because it uses time frame of 4 hours (H4), so do not bother to watch … profit is also quite wide …
The indicators used include:
1. Pattern 1-2-3 v3.1 MTF 1440 period if it is green it indicates a trend up, if it is red then it indicates a trend down
2. IBFX – CPR to determine stop loss and take profit
3. Open TRO_InsideBar_Plot2 where buy only be done if the price of the candle above the green line
Open sell only be done if the price of candles under a green line
It also is equipped with Candlestick Patterns and where pairs of the target profit and stop loss ….
Download Only Profit Based Four Hour Trading Strategy