Now as promised this is how an Ultra-Trend indicator that I use, seen here in action today with the USDJPY example on the 4-hour chart.
To use it is quite simple. Just look for the blue line at the bottom of the this chart. When ever the blue line cross up the red line it mean BUY signal. If the blue line cross below the red line it mean SELL signal.
I find it quite useful on the higher time-frame from 30 minutes chart upwards. However it still work for the 15-minute chart with experience.
And this indicator will be given FREE if you open an account (mini or standard) with fxpro.com with us.
See it's very simple right..... Happy trading guys ;)
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3 comments:
when will you know when to close your buy or sell order?
not accurate..late give a signal..
Just set your profit goals
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