This information indicator allows you to always be aware of the current account status. Want to earn in the Market? The indicator shows various data, including profit in points, percentage and currency, as well as a current symbol spread and time before a bar is closed on the current timeframe. Go pips forex indicator indicator is easy to use and very informative.
You can disable unnecessary items of information in the settings. Displays the spread and time if the deposit balance is zero. Object with the text is no longer shown in the list of objects. Var Mov ADV -How to Use?
The Blue Line cuts above the Red Line of the 100pips Momentum Indicator. The Blue Line cuts below the Red Line of the 100pips Momentum Indicator. Use take profit level equals or 2 times of stoploss level. The 100pips Momentum indicator BLUE line cut below the RED line and at the same time, 100pips Power and 100pips Direction indicator all show a DOWN signal. We had all the setup conditions for a SHORT entry. The value of ATR 21 at that time was 0. 84 pips above the entry point.
So the stoploss was set at 1. We used the 1:2 risk to reward ratio. 168 pips below the entry point. So the Take profit was set at 1. The trade went up strongly in our favour direction and hit the profit target. The trade was closed with 110 pips profit.