You can close a position with high accuracy at the right time, if you use an optimized indicator for this task. It is a valid addition for better results in trading risk management.
I recommend that you use the Alligator indicator for closing a position, hence creating a precise exit order. Use the Teeth rises options, because it is most accurate.
In the same strategy always use stop loss. As I said, it is an additional method of minimizing loss in your Forex trading strategy.
Watch this method in action from a backtest recording - video on my sales page for Trend trader Next Level, here on MQL5 market. Click source below.
