Max Stops V1 Forex Indicator

Max Stops V1 Forex Indicator

2006
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Max Stops V1 Forex Indicator is composed of an indicator named Max Stops which is a custom made parabolic SAR indicator. Max Stops V1 system is very easy to trade and it is also very easy to understand. The system is very effective in a trending market and is a trend following strategy. You will also notice that Max Stops indicator also works as support and resistance levels. The Max Stops v1 system also works in flat market although it might not be effective as in a trending market.

Max stops indicator is a combination of dots. When the market is bullish Max Stops indicator appears below the chart and you can see the combinations of many blue dots. Conversely in a downtrend you can see the yellow dots above the chart. So you should buy and sell on the basis of these dots and its colors. The systemseemed to be effective in the M1, M5, M30, and H1 charts. In any time frame higher than mentioned time frames, the max stops indicator couldn’t perform well.

It is important that you know the market conditions before you enter into the market. Market can be bullish, bearish or sideways. The methods used while trading in a trending market and in a sideways market differs. Even when you use Max Stops indicator you use it in one way in a trending market and in another way in a sideways market.

When the Max Stops V1 is correctly installed on your trading platform, your chart should look like this:

Max Stops Indicator

I believe that I don’t need to explain further about the Max Stops Indicator as I have already explained about the indicator. In short, you can take this indicator as a parabolic SAR indicator. The blue and the yellow dots are the main signals for our trading decisions.

Buying Conditions Using Max Stops V1.

– Blue dots (Max Stops indicator) should appear below the chart.
– Make your entry as soon as another dot appears.
– Place your stop loss level just below the recent swing low.
– Take profit when yellow dots begin to form above the price charts.

Selling Conditions Using Max Stops V1 System.

– Yellow dots (Max Stops indicator) should appear above the chart.
– Make your entry as soon as another dot appears.
– Place your stop loss level just above the recent swing high.
– Take profit when blue dots begin to form below the price charts.

Forex Indicators Download – Instructions

Max Stops V1 Forex Indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

Max Stops V1 Forex Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

Do the same with template file (.tpl), if there is any, at File/Open Data Folder/templates.

How to install Max Stops V1 Forex Indicator.mq4?

  • Download Max Stops V1 Forex Indicator.mq4
  • Copy Max Stops V1 Forex Indicator.mq4 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on Max Stops V1 Forex Indicator.mq4
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Max Stops V1 Forex Indicator.mq4 is available on your Chart

How to remove Max Stops V1 Forex Indicator.mq4 from your Metatrader 4 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Download Metatrader 4 Trading Platform:

  • Free $30 To Start Trading Instantly
  • No Deposit Required
  • Automatically Credited To Your Account
  • No Hidden Terms

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Click The Link Below To Download:
MAX Stops v1

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