The video introduces the Profit 99 indicator, which can be used for trading in Forex, crypto, options, stocks, and indices. The indicator is free to download and is non-repainting. The video provides step-by-step instructions on how to install the indicator and suggests a filter using a 50 simple moving average line and another indicator known as the OsMA indicator. The video emphasizes the importance of testing the indicator on a demo account before trading live. The YouTube channel belongs to Joseph Benson, who also runs a blog on Forex trading.
Profit 99: A Unique Indicator for Success in Trading
Introduction
Are you looking for a reliable indicator to help you trade effectively in the forex, crypto, option, stocks, and indices markets? Look no further, as we introduce you to Profit 99, a 100% non-repainting indicator that has become a game-changer in the world of trading. In this article, we will provide an in-depth review of this unique indicator, and show how you can use it to make good money in the market.
About Profit 99
Profit 99 is a trading indicator that has been developed to help traders identify trends, and enter and exit trades profitably. It is non-repainting and 100% dependent, which means the signals it provides are accurate and reliable. The indicator comes with a green and red dot that makes it easy for traders to enter and exit trades. The green dot represents a buy signal while the red dot represents a sell signal.
Downloading Profit 99
The link to download Profit 99 is available in the video description of the YouTube video. Click on the link to Japan.com, which is the blogger’s personal site on forex. The article talks about forex tips as the blogger adds more value to what viewers learn on his YouTube channel. After reading the paragraph, you can download the indicator for free by clicking on the download button at the end of the page.
Installing Profit 99
After downloading Profit 99, extract the file. It contains a single file called “profit99.ex4.” Then, add the indicator to your trading chart. The indicator is simple to add and comes in a variety of colors, such as dark green and lime green. After adding the indicator, traders can navigate it through the navigator option in their trading platform. If the indicator is absent, traders can right-click and refresh the page to make it appear.
Using Profit 99
Profit 99 is a simple indicator that can provide profitable trading signals. The green dot represents a buy signal, while the red dot represents a sell signal. An effective way to use the indicator is to add a filter, such as the 50 simple moving average line. If the green or red dot appears above or below the price, respectively, traders can enter a trade that corresponds to the signal given by the indicator. However, it is essential to trade on a demo account first to understand how the indicator works before trading live.
Adding Filters with Profit 99
Traders can also add filters such as Oscillator Momentum Indicator (osma) or AwesomeColor Indicator. The osma filters the green and red dots that appear in the indicator. Traders can combine the green dot with a green osma bar above the zero levels or a red osma bar below the zero level to enter a buy trade. Traders can combine a red dot with a red osma bar above the zero levels or a green osma bar below the zero level to enter a sell trade.
Another filter for profit 99 is the AwesomeColor Indicator. Traders can add this indicator to their chart and combine the green or red dot with a bullish or bearish osma bar above or below the zero level, respectively, to enter a trade based on the signal provided by the Profit 99 indicator.
Conclusion
Profit 99 is a reliable trading indicator that traders can add to their charts to identify trends and enter and exit trades profitably. With its unique features such as being non-repainting and 100% dependent, it provides accurate and reliable signals to traders. By adding filters such as Osma and AwesomeColor Indicator, traders can increase the profitability of their trades with the Profit 99 indicator.
Traders should always try the indicator on a demo account before trading live to gain a better understanding of how it works. We hope this article has been informative and helpful in your trading journey. Don’t forget to subscribe to the YouTuber’s channel and click on the notification icon to receive alerts on new videos with trading tips, indicators, and more.