Description
Key Takeaways:
- Visual Backtesting: Users can visually backtest the indicator to observe past performance and understand its operation in different market conditions.
- Clear Trade Signals: It only signals trades when market conditions are favorable, which aids in avoiding premature or risky entries.
- User-Friendly: Designed to be intuitive, even for traders with minimal experience, easing the learning curve associated with forex trading strategies.
Key Features:
- Visual Support and Resistance: Automatically displays current support and resistance levels to identify key zones.
- Real-Time Alerts: Provides professional alerts and push notifications for timely trade execution.
- Multi-Asset Compatibility: Works across Forex, Metals, Indices, and Cryptocurrencies, offering flexibility in trading choices.
- Adaptability to All Timeframes: Effective on any timeframe, enhancing its utility for different trading strategies.
- Non-Repainting Signals: Ensures that once a signal appears, it does not disappear or repaint, instilling trust in the provided information.
Break and Retest Indicator Settings & Recommendations:
- Platform: MetaTrader 4
- Currency Pairs: All pairs
- TimeFrame: M1, M15, H1, H4 recommended; adaptable to all
- Minimum Account Balance: No specific requirement, but a sufficient balance to maintain margin is advisable.
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