The secret Profit Booster Indicator is one of the best indicators on the internet for forex traders. It is a very user-friendly indicator to use. This indicator fits the Forex beginners very much. It requires zero knowledge of forex market analysis. The indicator itself analyses the forex market for the trader and gives an entry signal when it is the best time to place an order.
The secret Profit Booster forex Indicator keeps the mt4 trading chart very clean. Therefore, for you forex traders who like to keep your mt4 charts clean, this is a forex indicator to look into; unlike many other forex indicators, which require the traders to learn too much about the indicator, this indicator requires very little of that. You are only needed to concentrate on learning how the forex market is traded and leave the rest of the stuff of forex market analysis to the indicator.
Fig.1. Illustrating the information that the Secret Profit Booster Indicator displays.
This forex indicator is responsible for displaying the current time, the signal type, and the market trend’s strength as per the entry signal given. All this is shown as written text on the top left corner of the mt4 trading chart. Then once an entry signal is given, the indicator also gives an arrow at the beginning of the candle which gives the signal. Then the indicator also leads to the show of the point at which to place your stop loss(SL). The stop loss(SL) level is the x that is drawn on the chart. As for the take profit, you have to set it at your target price(TP) level. Apart from this little but important information, the forex indicator doesn’t show any other fluff on the chart.
How to use the Forex Secret Profit Booster indicator to trade
Before placing any trade, ensure that there is a signal that is given. It would be best if you went through the different currency pairs to look for the most recent signal for you to place an order.
For a trader to place a buy order, a buy signal must be indicated as green text on the top left-hand corner. However, you should ensure that the strength is indicated as strong but not medium. After placing your buy order, remember to place your stop loss at the level indicated by the x.
Fig.2. Placing sell and buy orders using the Secret Profit Booster Indicator.
A sell order is placed when there is a sell signal which is indicated as red text on the top left-hand corner. However, you should ensure that the strength is indicated as strong but not medium. After placing your buy order, remember to place your stop loss at the level indicated by the x.
Read More: Mega FX Profit Forex Indicator Free Download
Secret Profit Booster Forex Indicator Free Download
[…] Read More Secret Profit Booster Forex Indicator Free Download […]