AM Trading Tips
Learn about an effective forex day trading indicator that works in most markets for financial freedom. Explore the trading rules of the Sell and Buy Trade, and discover the accuracy and profits of various charts. Check out the link for a free download of the indicator and join the telegram channel for more trading strategies without any cost. Don’t forget to like, subscribe, and watch the video until the end.
The Top Forex Day Trading Indicator for Financial Freedom
Introduction
Welcome to “AM Trading Tips,” the channel that offers free trading advice and indicators to help traders achieve financial freedom. In this video, we will be discussing a powerful forex day trading indicator that works in almost all markets. With the help of this indicator, traders can successfully reach financial freedom through trading.
Trading Rules for the Indicator
Before we dive into the details of this amazing indicator, let us first understand the trading rules. When the price reaches the resistance level or reverses from that level and a Sell arrow is also appearing, we can confirm a sell trade setup. Similarly, when the price reaches the support level or reverses from that level and a Buy arrow is also appearing, we can confirm a buy trade setup. Furthermore, the trend slope indicator should show “Sell Only” signals and the trend slope line should be seen moving down from the zero lines for the sell trade setup. Alternatively, the trend slope indicator should show “Buy Only” signals and the trend slope line should be seen moving up from the zero lines for the buy trade setup. Set stop loss at the previous high or low point and take profit at a 1:2 ratio.
Analyzing Buy and Sell Trade Signals with the Indicator
This indicator also gives a summary accuracy of total buy and sell trade signals as well as the total earning pips. Let us analyze the signals of the AUD-USD pair chart. On the one-hour chart, this indicator has given a total of 16 buy and sell signals so far, out of which 14 trades have been won, and only two trades have been lost. The signal accuracy is therefore 87%, and the total pips profit was 2410.
We can look at each of the trades to understand their outcome. The first Sell trade setup gave a profit of 182 pips, while the second buy trade setup gave a profit of 43 pips. The third sell trade narrowly missed touching the stop loss level and gave us a profit of 35 pips. The fourth sell trade setup gave a huge profit of 285 pips. The fifth buy trade setup was lost, while the sixth sell trade setup gave a profit of 131 pips. The seventh sell trade setup gave 244 pips in profit. The eighth buy trade setup gave a profit of 56 pips, and the ninth sell trade setup gave a huge profit of 530 pips. The tenth buy trade setup gave 34 pip profit, and the 11th buy trade setup gave 27 pips profit. The 12th sell trade gave us a profit of 261 pips, while the 13th sell trade gave us a staggering 667 pip profit. The 14th sell trade was a loss, and the 15th buy trade gave a profit of 109 pips.
Let us now analyze the signals on another chart, the USD-JPY pair chart. On the one-hour chart, this indicator has given a total of 10 buy and sell signals so far, out of which nine trades have been won, and only one trade has been lost. The signal accuracy is therefore 90%, and the total pips profit was 1503.
Free Indicator and Resources
We provide a free download link for this indicator in our video description. Additionally, please visit our Telegram channel and website for more forex and binary options trading setups and strategies, completely free of cost.
Conclusion
In conclusion, with the help of this indicator, traders can easily identify profitable buy and sell trade setups in almost all markets. The indicator provides a high accuracy rate for trade signals and is easy to use. With proper risk management techniques, traders can use this indicator to achieve financial freedom through trading. Please don’t forget to hit the like button and subscribe to our channel for more trading tips and advice.
