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A trader shares a new indicator that they believe is profitable for the forex market, allowing at least 20 pips in profit. They advise practicing on a demo account and recommend using TradingView for charting. The indicator is called the 20 Pips and Dip Indicator and displays support and resistance lines and various buy and sell indicators. The trader provides simple methods for using the indicator effectively to make money. он
The Profitable Indicator for Forex Trading: Capitalize 20 Pips Profits
Introduction
– The best indicator in seven years of forex trading
– Sharing the indicator and its benefits
– Will provide the bare minimum information for beginners
– Importance of practice and repetition in trading
Significance of the Indicator
– Multiple ways to utilize the strategy
– Suitable for long-term, short-term, scalping, and swing trading
– Provides an opportunity to profit quickly, easily, and efficiently
Getting Started with the Indicator
– Using TradingView for charting purposes
– Visual representation of candlestick patterns and market structure
– Questions beginners typically have when using a charting solution
Introducing the 20 Pips and Dip Indicator
– Automatic display of indicators, support and resistance lines, and low-highs
– Multiple components can be confusing but will provide the simplest method for beginners
Using the Indicator
– Targeting a specific asset
– Hour timeframe for optimum results
– Adjusting timeframes for personal preference
Buy Signal
– Green horizontal lines representing support
– Blue arrow indicating a buy signal
– Entering the trade at the point of the arrow
Sell Signal
– Red horizontal lines representing resistance
– Red arrow indicating a sell signal
– Entering the trade at the point of the arrow
Exiting the Trade
– Using price to exit the trade
– Setting a stop loss
Golden Cross Indicator
– Another feature of the 20 Pips and Dip Indicator
– Combination of the 50 EMA and 200 EMA
– Ideal for long-term trading
Additional Information and Follow-up Videos
– Indicators and strategies discussion on the channel
– Demonstrations and live sessions
– Importance of subscribing and turning on notifications
– Addressing questions and concerns
Conclusion
– Final thoughts on the indicator and its benefits
– Reminder to practice and use a demo account
– Providing information on how to obtain the indicator
