The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind.
Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

.

Author Topic: Forex MT4 Eagle Secret Formula System 2.1 - No Repaint & Profitable Indicator  (Read 209 times)

Astect

  • Full Member
  • ***
  • Posts: 104
    • View Profile
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



 

Related Topics



-

Discussion Forum / 论坛 / منتدى للنقاش/ Diễn đàn thảo luận/

-
Disclaimer : The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind. Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

By viewing any material or using the information within this site, you agree that it is general educational material whether it is about learning trading online or not and you will not hold anybody responsible for loss or damages resulting from the content provided here. It doesn't matter if this website contain a materials related to any trading. Investing in financial product is subject to market risk. Financial products, such as stock, forex, commodity, and cryptocurrency, are known to be very speculative and any investment or something related in them should done carefully, desirably with a good personal risk management.

Prices movement in the past and past performance of certain traders are by no means an assurance of future performance or any stock, forex, commodity, or cryptocurrency market movement. This website is for informative and discussion purpose in this website only. Whether newbie in trading, part-time traders, or full time traders. No one here can makes no warranties or guarantees in respect of the content, whether it is about the trading or not. Discussion content reflects the views of individual people only. The website bears no responsibility for the accuracy of forum member’s comments whether about learning forex online or not and will bear no responsibility or legal liability for discussion postings.

Any tutorial, opinions and comments presented on this website do not represent the opinions on who should buy, sell or hold particular investments, stock, forex currency pairs, commodity, or any products or courses. Everyone should conduct their own independent research before making any decision.

The publications herein do not take into account the investment objectives, financial situation or particular needs of any particular person. You should obtain individual trading advice based on your own particular circumstances before making an investment decision on the basis of information about trading and other matter on this website.

As a user, you should agree, through acceptance of these terms and conditions, that you should not use this forum to post any content which is abusive, vulgar, hateful, and harassing to any traders and non-traders.