The video discusses the settings for the Forex Perfect Zones indicator, which the speaker uses on a 4-hour chart to enter trades. They provide details on the trend lines, support and resistance levels, and touch points, suggesting viewers modify them to find what works for their broker. The speaker also suggests checking out the links in the description for more information on robots and indicators and signing up for future videos.

How to Optimize Perfect Zone Indicator: A Beginner’s Guide

Introduction

In this article, we will be discussing how to optimize the Perfect Zone Indicator, a popular forex indicator used by traders to identify potential trade zones.

Why Use Perfect Zone Indicator?

The Perfect Zone Indicator is a valuable tool for forex traders as it helps identify entry and exit points for trades. It can also be used to identify key areas of support and resistance, which can provide valuable insights for traders.

Setting up Perfect Zone Indicator

The Perfect Zone Indicator has several settings that can be customized to fit your trading strategy. The first step is to set the bars for trend times calculations to 100, and bars for support and resistance on calculation to 550. Additionally, sensitivity should be set to high sensitivity.

Show support and resistance should be set to true and height support and resistance price levels should be set to false. The touch points should be set at true, and the trend line color should be set to purple.

The color of horizontal lines should be set to dim gray, and the style of trend lines should be set to solid. Lines should be drawn in the background, which can be set to true or false depending on your preference.

Red Dots Indicator

To optimize the red dots on the Perfect Zone Indicator, the width should be set to one, with the colors for support and resistance both set to red. The depth should be set at 12, deviation at 10, back step at 8, and time frame at four hours. Allow DLL inputs should be selected, and the SR dots should be added twice for optimal use.

How to Use Perfect Zone Indicator

Once you have customized the Perfect Zone Indicator settings, it is time to put it to use. The indicator is best used on the four-hour chart, as this will provide you with enough data points to make informed trading decisions. When using the Perfect Zone Indicator, it is important to keep an eye on the red dots as they signify areas of potential support and resistance.

While the Perfect Zone Indicator can help identify potential trade zones, it should not be used in isolation. Traders should also take into account other technical indicators as well as market fundamentals when making trading decisions.

Conclusion

The Perfect Zone Indicator is a powerful tool that can help traders identify potential trade zones. By customizing the indicator settings and using it in combination with other technical indicators, traders can make more informed trading decisions. Ultimately, success in trading comes down to a combination of technical and fundamental analysis, as well as sound money management practices.

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