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This indicator is useful in all time frames, and can also be combined with your trading strategy and other trading tools, it gives high probability trend, it can be combined with moving averages, RSI, and Stochastic oscillators to filter signals. The recommended stop loss is the last support or resistance level, but if you do not know how to trade with those you can decide a fixed number of pips for your stop loss on each trade, the take profit level depends on you.
This is an MACD that uses Bollinger Bands to give high probability trade entries. It combines both indicators to find periods of high volatility breakouts and cross overs. It can form a very essential part of anyone's trading system whether amateur or expert. Buy Signal: When the green line and the MACD cross to the up side. Sell Signal: When the green line and the MACD line cross to the down side.
This hedging EA is meant for medium risk trading with consistent return. It is a grid trading system based on hedging and is fully automated requiring little monitoring. It is fully optimized for use on EURUSD H1, $500 balance at 1:500 leverage. It is also advisable to trade this EA with balance in multiples of 5, 500, 5 000 and 50 000. If you have $50 then use it on a cent account. In addition to EURUSD trading, it can also be used on any currency pair, but a user must first optimize parameter