Best Non Repaint Trend Momentum Trading Metatrader 4 Indicator

Description

This trend momentum Strategy is a non Repaint Indicator system that gives easy-to-use Buy Sell signals on charts. It is a trading system based on the Renko chart with the purpose of filtering all market noise.

Characteristics of Indicator

1. Platform –

2. Asset – All Currency Pair.

3. Candle Timeframe – 15 Min To 4 Hour.

4. Trading Time – European And New York Session.

5. Follow money management & Don’t enter to trade within the high-impact news period. Exit from your trades before half & an hour from the high-impact forex news.

6. A Green arrow represents a buy signal.
The Green Buy arrow appear on the chart, blue MACD bar in center to up position, and the trend line color should be blue indicate the perfect BUY Signal.
Exit position- You can take profit use the risk-to-reward ratios 1:1 or next resistance level.
Stop loss- On the last swing low.
7. A Red arrow represents a sell signal.
If the Red Sell arrow appear on the chart, red MACD bar in center to down position, and the trend line color should be red indicate the perfect sell Signal.
Exit position- You can take profit use the risk-to-reward ratios 1:1 or next support level.
Stop loss- On the last swing high.