Description

MKFX Intelligent System Indicator MT4

The MKFX Intelligent System Indicator is an advanced trading tool designed for the MetaTrader 4 (MT4) platform. It analyzes market data in real-time to provide clear and precise signals, helping traders stay ahead of the game. Below, we’ll delve into the key aspects of this indicator:

Key Features:

1. Minimum Deposit:
   • The MKFX Intelligent System Indicator does not require a specific minimum deposit. Traders can start with any amount they are comfortable with.
2. Time Frame:
   • The indicator works well on various timeframes, but it is particularly effective on the 15-minute timeframe. This timeframe strikes a balance between capturing trends and minimizing market noise.
3. Currency Pairs:
   • The MKFX Intelligent System Indicator can be applied to any Forex or CFD broker. While it works on multiple currency pairs, it has shown consistent results on the EUR/USD pair.

Trading Strategy:

The MKFX Intelligent System Indicator generates signals based on a combination of indicators. Here’s how the strategy works:

1. Signal Confirmation:
   • Enter a trade when the non-repainting SuperTrend indicator and the LabTrendZigZag indicator are in agreement.
   • Exit the trade when one or both indicators are no longer in agreement.
2. Risk Management:
   • Use the TrailingLinesv2-50 stop script to set a trailing stop loss. Before entering a trade, move the red trailing stop loss line far away from the current price to avoid immediate stop-outs.
3. Higher Timeframe Validation:
   • Check if the signal on the 15-minute timeframe confirms the signal from a lower timeframe (e.g., 5 minutes). Aligning signals across timeframes enhances the reliability of the trade.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈

 

Stay Updated:

Instant Download: https://yoforex.org/product/mkfx-intelligent-system-indicator-mt4/
Telegram Link: https://t.me/yoforexrobot

 

📈🤖Happy trading 📈🤖