Forex Indicator Pro is a non-repaint MT4 indicator that works best with scalping. It is specially designed for 5 minutes and 15 minute time frames.
Forex is a very popular way of trading currencies, stocks and even cryptocurrencies. Its name suggests that it mostly works on the forex market but investors also use its indicators to trade other markets as well.
How to Use the Forex Indicator Pro to Buy and Sell
The indicator gives straightforward buy and sell signals
Buy when the indicator draws a green arrow. Note that the signals expire after three candles. You should enter the trade swiftly.
Sell signals typically occur when the indicators post red arrows. Sell signals can only last for 3 candles so you need to act fast!
This indicator is a good tool to get you off the ground and giving trading signals quickly. It is good for beginners who are looking to learn the ropes of trading and experienced traders who have other things they need to do in their day-to-day businesses such as managing portfolios, so ensure you do use other tools too!