Simplicity Indicator V4: Comprehensive Guide
Key Features:
- Minimum Deposit: $100
- Timeframes: M1 or M5
- Currency Pairs: Any pair except XAUUSD
How the Indicator Works:
- Utilizes price action and market trends to generate buy and sell signals.
- Analyzes market volatility to provide accurate entry points.
- Triggered when the market shows strong upward momentum and meets specific criteria.
- Triggered when the market shows strong downward momentum and meets specific criteria.
- Set based on recent support and resistance levels.
- Defined by recent market volatility to minimize losses.
Recommended Usage:
- Timeframes:
- Best results on M1 or M5 for quick scalping opportunities.
- Currency Pairs:
- Effective on various currency pairs, except XAUUSD.
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