GFK Forex Indicator
Description: GFK Forex Indicator is well suited for scalping on the M5 and for intraday trading on M30 and higher. Can be successfully used on any currency pairs and time frames.
Developers of GFK Forex Indicator argue, that it can be used in trade alone, but I still recommend to add to this indicator additional filters. It is an indicator that is designed in such a way, that it suits even the beginners. You don’t have to consume much of your time trying to do technical analysis. It does everything for the trader and only shows what is necessary for the trader. It doesn’t even make the chart to appear disorganized, since it gives very little, but very important information.
The indicator is in such a manner, that it displays the trend of the market prices. And at the same time gives a buy or sell signal. The indicator is displayed on a separate chart below the main chart. It has a green line, that indicates the trend of the trend. Then there is also a sell or a buy signal, that is a displayed on the top right corner. It is displayed as a red dot in case it is a sell signal or a green dot in case it is a buy signal.
Characteristics of GFK Forex Indicator
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Platform: Metatrader4
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Currency pairs: All pairs
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Trading Time: Intraday
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Time-frame: Any
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Recommended Brokers: AxiTrader, FxPro, HYCM, InstaForex, easyMarkets, FXTM
Rules for opening a long position:
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Open a Buy position, when there was a corresponding sound signal, green circle, while GFK Forex Indicator became green.
Exit the appearance of the opposite signal (Sell Signal).
Rules for opening a short position:
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Open a Sell position, when there was a corresponding sound signal, red circle, while GFK Forex Indicator became red.
Exit when appeared opposite signal (Buy Signal).
Please note:
Buying this GFK Forex Indicator, you have a FULL ACCESS to the Code and Parameters.
RISK DISCLAIMER
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore, it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, expert advisors (EAs), scripts and/or indicators will result in profits or not result in losses.
