AM Trading Tips
Learn about a powerful non-repaint forex trading indicator used in multiple markets. Follow simple trading rules for successful trades and increase winning ratio. Use the 100 period simple moving average or MACD indicator with default settings to identify trends. Avoid trading against the trend. Increase profits with accurate signals found in the four-hour time frame, subscribe to the channel for more useful tips.
The Most Powerful Forex Trading Non-Repaint Metatrader 4 Indicator
Trading Rules for the Non-Repaint Metatrader 4 Indicator
Analysis of the Signals on Different Time Frames
Quick Tips for Increasing Winning Ratio and Reducing Loss Signal Risk
Welcome to AM Trading Tips, your go-to channel for all things forex trading. In this video, we will be discussing one of the most powerful forex trading non-repaint metatrader 4 indicators that can be used in almost all markets. But before we dive into it, be sure to subscribe to my channel, like this video, and enable all notifications so that you don’t miss any of our latest updates.
Trading Rules for the Non-Repaint Metatrader 4 Indicator
The trading rules are straightforward when using this indicator. When a red dot circle appears on the chart, take a sell trade, and when a white dot circle appears on the chart, take a buy trade. The stop loss will be the previous swing high/low point, and the taken profit will be the 1:1 risk reward ratio.
Here, we have selected the day 1 time frame, and as per our recommendations, all three sell trade setups are in profit, and out of five buy trade setups, only one trade is in loss. To reduce the loss trade risk, we recommend using support and resistance (SNR) levels for trade entry. Do not take a sell trade near the support level and don’t take a buy trade near the resistance level. You can see here that the white dot signal appeared near the resistance level, so avoid this type of signal to increase the winning ratio.
Analysis of the Signals on Different Time Frames
Let’s analyze the signals of the non-repaint metatrader 4 indicator on different time frames to get a clearer picture. Here on the four-hour time frame chart, out of eight trades, only three trades are showing winning trades, and the remaining five trades are showing lost trades. We are seeing five trade losses because the trend is a strong uptrend, and we always tell traders not to take a trade against the trend.
Now, let’s analyze the signals on the one-hour time frame chart. Here, out of seven trades, only two trades are showing lost trades, and the remaining five trades are showing winning trades. So far, we have come to know that out of one day, four-hour, and one-hour time frames, more accurate signals are found in the one day time frame.
Furthermore, let’s analyze the signals on the one-day time frame and the four-hour time frame of another currency pair. In this chart, out of eight trades, four trades are winning trades, and four trades are lost trades. To reduce the loss risk, we should avoid these two sell signals because they appeared near the support level. Also, avoid sell signals due to the strong uptrend.
On the four-hour time frame chart, out of ten trades, nine trades are in profit, and only one trade is in loss. On the one-day time frame chart, out of ten trades, seven trades are in profit, and three trades are in loss. In this currency pair, more accurate signals are found on the four-hour time frame.
Quick Tips for Increasing Winning Ratio and Reducing Loss Signal Risk
After analyzing the signals on different time frames, we have understood one thing – when we take trades with the trend, our winning ratio increases. Therefore, we recommend using the 100 period simple moving average (SMA) indicator to identify the trend while using the signals of this indicator.
When the price is above the SMA, only take buy trades, and when the price is below the SMA, only take sell trades. But for those who do not want to use the simple moving average, use the Moving Average Convergence Divergence (MACD) indicator with default settings. When the MACD bar is below the zero line, only take sell trades, and when the MACD bar is above the zero line, only take buy trades.
Conclusion
Thank you for watching this video, and I hope this non-repaint metatrader 4 indicator will be useful for you, helping you to earn more in return. Remember to like the video, subscribe to our channel, and watch our other videos to stay informed. Good luck, happy trading, and see you in the next video!
