Power of Trading
Learn how to make a profitable strategy by combining the mobile setup and PCMT4 indicator. Follow along and see a buy signal on the MT4 indicator, and a successful trade using this strategy. Get the link to the mobile setup and indicator in the video description. Consider personal signal services and hit the bell icon for updates.
How to Make a Profitable trading strategy with a Mobile Setup and MT4 Indicator
Introduction
If you’re a trader, then the chances are that you’re looking for ways to make more profit from your trades. The good news is that with the right strategy, you can significantly increase your chances of making returns. In this video, we’re going to show you how to create a profitable trading strategy using a mobile setup and an MT4 indicator.
Using Mobile Setup and MT4 Indicator
The first thing you need to do is to set up your mobile device with the MT4 indicator. Once you’ve downloaded the indicator, open your MT4 platform, go to File –> Open Data Folder –> MQL4 –> Indicators, and drop the indicator file into the folder.
Next, open your MT4 app on your mobile, and select the indicator from the custom indicator list. Before proceeding, make sure that the indicator is properly installed on both the MT4 desktop and mobile platforms.
Creating a Strategy
Now that you have both the mobile setup and MT4 indicator, it’s time to create a strategy. It’s important to note that we’re not going to provide you with a specific strategy, but rather a general framework that you can use to create your own.
The first step is to identify your trading goals. What do you want to achieve with your trades? Do you want to make a significant profit, or are you more interested in minimizing losses? Once you have your goals in mind, you can start looking at the market and identifying potential trades.
One way to do this is by using the MT4 indicator. Look for signals that indicate a potential buy or sell. When you find a signal, check the corresponding market on your mobile setup. If the market is trading above the blue line, it’s a buy signal, and if it’s trading below, it’s a sell signal.
Once you’ve identified a potential trade, it’s time to execute it. Enter a trade at the point that aligns with the signal, and wait to see what happens.
Assessing Performance
Now that you’ve implemented your strategy, it’s time to assess your performance. Did your trades result in a profit or loss? If you’re satisfied with the results, you can continue using the same strategy. However, if you’re not achieving your goals, it’s time to reassess your strategy and make changes as necessary.
Personal Signal Service
If you don’t have the time or expertise to create your own trading strategy, you may want to consider using a personal signal service. This is a service where a professional trader provides you with trading signals for a fee.
If you’re interested in using a personal signal service, let us know in the comment box below. We may be able to offer this service to our viewers in the future.
Conclusion
Creating a profitable trading strategy using a mobile setup and MT4 indicator is not difficult. The key is to identify your trading goals, use the MT4 indicator to find signals, execute trades, and assess your performance. With the right approach and a little bit of luck, you can significantly increase your chances of making profits.
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