Description
Trend Focus Indicator MT4: A Strategic Approach to Forex Trading
The Trend Focus Indicator MT4 is a powerful tool for traders who aim to capitalize on market trends with precision and confidence. This expert advisor (EA) is designed to minimize false signals and maximize profitability by leveraging a robust trading strategy.
Key Features:
- Minimum Deposit: It is recommended to start with a minimum deposit that allows for effective risk management, typically 2-5% of your total capital per trade.
- Time Frame: The EA operates efficiently on time frames M15 and higher, providing flexibility for various trading styles.
- Currency Pairs: This indicator is versatile and can be applied to any currency pair, making it suitable for a wide range of market conditions.
Strategy Highlights:
- Pivot Points Levels: Marks critical support and resistance levels for informed decision-making.
- Moving Averages: Utilizes 50 and 34 periods to confirm trend direction and strength.
- Woodie CCI: Assesses trend momentum, ensuring trades are aligned with the market’s pulse.
How the EA Takes Trades:
- For a Buy Position:
- The price rebounds from the support zone.
- The price must close above the moving average fan.
- Both the 34 and 50-period moving averages turn green.
- The Woodie CCI is above zero with a green square on the histogram.
- For a Sell Position:
- The price is rejected from the resistance zone.
- The price must close below the fan of moving averages.
- Both the 34 and 50-period moving averages turn red.
- The Woodie CCI is below zero with a red square on the histogram.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀
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Contact: https://t.me/yoforexrobot
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