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Best Trend Indicator-Arrows & Band – Forex Trading Indicator Free Download
Best Trend Indicator-Arrows & Band. Arrows & Band Forex Indicator is a non-repaint indicator. This Indicator has up & down Arrows & curve line. Arrow signal validate after closing the current candle. The non-repaint mean is signal not to disappear or not later appeared. you can apply for any time frame & any currency pairs. you can change indicator settings as you wish.
How to install this Best Trend Indicator-Arrows & Band to the Meta Trader Platform.
Download Arrows & Band indicator> Open meta trader plat form> go file menu> open data folder> open MQL4> open indicators> insert indicator> re start meta trader plat form> load any currency pair chart> insert indicator to chart.
This indicator issue a red arrow for a sell trade. Also, this indicator issue a blue arrow for the buy trade. You must filter some false signals. Avoid that false signal without entering to trade. How can you filter valid signals? use a trend trading strategy. Otherwise, use good trend indicators. If the price touch the upper band & on that time appear blue arrow you can enter to buy trade. When the price touch the lower band & at that time appear red arrow, you can enter to sell trade.
If you enter to trade with this indicator, don’t wait to exit until appearing opposite signal. Use another method to exit from your trades. What are the other exit methods? Use a fixed profit target. You can use 10 pips, 20 pips, 30 pips as you wish. Otherwise, use support & resistance level from exit your trades. Also, you can use the Fibonacci level to exit your trades. You can use to trailing stop to exit your trades. Use stop loss to a previous higher high or lower low. Move to stop loss to above or below entry point, once your trade starts to profit.
SL
When you enter your trade do place stop loss.
Use higher high or lower low.
TP
Exit trade when received an opposite signal or as you wish.
Otherwise, you can use a Trailing Stop.
Exness