M1 And M5 Time Frame Short Term Forex Trading Strategy | Taniforex Scalping Indicator Urdu Tutorial. Super Trend MT4 Forex indicator | Best Foreign exchange. The indicator may well need further development so that the EA becomes more selective of what and when to trade. You must have the RainbowMMA. Urban Towers Scalping Strategy - (During a trend, when the market retraces to the blue MA with at least 3 consecutive lower highs (3 towers). FOMO CRYPTO DEUTSCH

Suitable markets are Forex, stock, and futures - the main criterion is their presence in the MetaTrader 4 terminal as long as the indicator is meant for this one only. A signal to buy by Urban Towers A signal to buy requires the following conditions: blue lines of the indicator must be above green ones. If the next candlestick does not trigger the order, having even lower High and Low, relocate the buying order above this candlestick. If the candlestick does not have at least a High or Low below the extremes of the previous one, do not relocate the order.

An example of a signal to buy by Urban Towers for Forex, futures, or stock markets: In this case, a signal to buy appeared even before the pending order was triggered. If the next candlestick does not trigger the order, having even higher High and Low, relocate the buying order below this candlestick.

If the candlestick does not have at least a High or Low above the extremes of the previous one, do not relocate the order. Alternatively, place it below the lows of next candlesticks with lower extremes. Ok let me explain in details one by one. Steps to Follow : Price is above the blue MA trend is up Price is below the blue MA trend is down Market retraces towards the blue MA with 3 consecutive lower highs in a uptrend At the break of the high of the last candle, we enter long in a uptrend Trade Example Number 1 Alright, what do we know right off the bat by looking at this.

We know the market is in a uptrend because the market is above the blue MA. The market retraced to the blue line with 3 consecutive lower highs 3 towers as we can see the red candles above. Next, we entered long at the break of the high of the last retracement candle - which in this case is 3rd tower as we can see above.

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