Rachan Levis INDICATOR MT4

Unlocking Profit Potential with the Rachan Levis Indicator for MT4:💫💫

The Rachan Levis Indicator is a powerful tool designed to enhance your trading experience on the MT4 platform. Specifically tailored for gold trading, this indicator provides precise buy and sell signals, making it an invaluable asset for both scalpers and long-term traders.

Recommended Settings

• Minimum Deposit: $300
• Timeframe: M5 (5-minute chart)
• Currency Pair: GBPUSD

Key Features

1. Accurate Entry and Exit Points: The Rachan Levis Indicator identifies optimal entry and exit levels based on market behavior. When the market aligns with these points, it signals potential trading opportunities.
2. Multiple Take Profit Levels: The indicator offers up to six take profit (TP) levels. These cater to different trading styles:
   • BT1 (Buy Target 1): Ideal for scalpers aiming for quick gains.
   • ST1 (Sell Target 1): Suitable for day traders.
   • Higher TP Levels: Tailored for swing and long-term traders.
3. Risk Management: Use nearby resistance and support levels for stop loss placement. Alternatively, apply a 1:3 risk-reward ratio.

Strategy Insights

1. Pivot Points: The pivot acts as the center stage for your trade. Observe price movements relative to this pivot.
2. Buy Signal: If the market crosses above the “buy” line, it’s a clear buy signal.
3. Sell Signal: When the price crosses the sell line, consider opening a short position.
4. Example Trade:
   • Scenario: Gold against the US dollar.
   • Observation: The market moves above the “buy” line.
   • Action: Go long (buy).
   • Take Profit: The first buy target coincides with a resistance level.