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Topic Summary

Posted by: Astect
« on: January 28, 2024, 08:47:38 AM »

Forex MT4 Eagle Secret Formula System 2.1 - No Repaint & Profitable Indicator



Forex MT4 Eagle Secret Formula System 2.1
FX Eagle Forex System 2.1 is a classic Forex trading system that consists of two indicators: a signal indicator (FX Eagle Signal Indicator) and a filter (FX Eagle Dashboard). The system is not repainted and has good performance indicators according to the developers.



Characteristics of the FX Eagle Forex System
• Platform : Metatrader4
• Currency pairs : Any Currency Pairs, Commodities, Stock, Indices
• Trading Time : M5 – D1
FX Eagle Dashboard
FX Eagle Dashboard is a kind of advanced trend analyzer that measures the strongest trend on multiple timeframes using a secret formula. It shows rectangles with the name of the currency pair. The color of the rectangles means the following.

• Blue – Only buy trades (ignore sell trades)
• Red – only sell trades (ignore buy trades)
• Grey (Neutral) – No trade



FX Eagle Signal Indicator and Trading Rules
Buy signal – FX Eagle Dashboard is colored BLUE and the FX Eagle Signal Arrow is colored BLUE, Stoch Flet mod blue bar as well.

Place a Stop Loss below the most recent low.



SELL signal – FX Eagle Dashboard is colored RED and the FX Eagle Signal Arrow is colored RED, Stoch Flet mod red bar as well.

Place a Stop Loss above the most recent high.



Below you will find so typical take profit targets for the different timeframes
Exit the trade (3 options)

• Go for at least 2:1 reward to risk ratio or exit the trade near the previous swing low/high level (support).
• When an opposite signal appears.
• Fixed profit target. It’s simple and you don’t need to calculate anything.



As always, follow basic money management and do not risk whiter than 2% of you deposit in a separate transaction. Do not trade during the release of important economic news and be sure to test on a demo account.

Buy this

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