Popular product from “fx-on”! An extremely advantageous signal that tells you trend-following signals: the “Trending Signal FX Method” [Motty]
On the investment information portal site "fx-on," the popular trending indicator "Trending Sign FX Method" has gained popularity as a best-seller. It is said to be a tool that teaches highly advantageous trend-following signals, and it is supported not only by beginners but also by seasoned traders. Here, we asked the developer, Motty, about this tool.
Motty Profile
A full-time trader with 8 years of FX experience. He captures the essence of the market and hones his trading skills using a classic trend-following method. His main method is scalping. He actively posts information about trading on Twitter and helps improve other traders’ abilities.
Blog：http://motty-fx-trader.com/
Twitter：https://twitter.com/motty_gaytrader
Editorial Department: So, what kind of indicator is this?
MottyIt’s an indicator that aims to follow trends and highlights its highly advantageous points. The basic concept is to ride the higher-timeframe trend using a 1-minute chart, realizing the classic trend-following methods of buying on dips and selling on rallies. At the same time, there are plans to implement scalping methods for ranging markets. This will allow you to win whether the market is trending or ranging.
Editorial Department: Trading on a 1-minute chart, is this a tool for short-term trading?
MottyThe indicator can be used from 1-minute to 4-hour charts, depending on the user’s preferred style. For basic trading on the 1-minute chart, it would be considered scalping or day trading.
It provides several entry and exit logics, and these are explained in a manual. It’s designed to allow profit targets to be extended according to the user’s ability; beginners are advised to secure profits steadily, while experienced users can aim for wider profit margins.
Editorial Department: Specifically, which technical indicators are used?
