Speed Kharko Forex Indicator is very simple yet very powerful and accurate. The Speed Kharko Indicator is a trend following forex trading indicator. You should be trading only in the direction of the major trend. This indicator doesn’t work in a sideways market. You can trade on any time frame higher than 5 minutes. You should follow the rules of the system and if you stay in the rules with proper discipline, you can make lot of money from this indicator. The Speed Kharko indicator can be appropriate for beginner traders as well as expert traders.
When you install your Speed Kharko Indicator in your metatrader platform, your chart should look like this:
Speed Kharko Indicator is consists of two oscillators; blue and golden. In an up trending market, the blue oscillator is above the golden oscillator. Similarly in a down trending market the golden moving average is above the blue moving average. You should make entry and exit based on the crossovers of these moving averages.
Buying Conditions using Speed Kharko Indicator.
– Market should be up trending.
– The blue moving average should cross above the golden moving average.
– Place your long position as soon as above conditions are met.
– Place your stop loss just below the recent swing low.
– Take your profit when the blue moving average crosses below the golden moving average.
Selling Conditions Using Speed Kharko Indicator.
– Market should be down trending.
– The blue moving average should cross below the golden moving average.
– Place your short position as soon as above conditions are met.
– Place your stop loss just above the recent swing high.
– Take your profit when the blue moving average crosses above the golden moving average.
Forex Indicators Download – Instructions
Speed Kharko Forex Indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Speed Kharko 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 Speed Kharko Forex Indicator.mq4?
- Download Speed Kharko Forex Indicator.mq4
- Copy Speed Kharko 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 Speed Kharko Forex Indicator.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Speed Kharko Forex Indicator.mq4 is available on your Chart
How to remove Speed Kharko 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
Click The Link Below To Download: