An indicator system that makes it easy to win with trending currency pairs
Quantify the strength of currency pairs, and the currency pairs with larger values form a straightforward, upward-sloping line on the right side.
As a result, it means you can easily realize substantial profit targets.
That iswhat this indicator has achieved.
'Double Trend Following Signal' (quantifies currency pairs and ensures you ride the trend reliably with double signals)
Product here
2023/06/15 - Case
Today's values for each currency pair.
Both M5 and H1 show GBP/JPY as the largest value, and it is quite a large number.
If you look at the chart...
Daily chart
1-hour chart
15-minute chart
The daily and 1-hour charts are the easiest to understand, and they show a straightforward upward trend.
Yesterday, GBP/USD clearly showed a trend and yielded a large profit.
Of coursescalping to take small profits consistently can accumulate to the biggest gains, but to realize that requires a corresponding level of ‘judgment’ or discretion,which is not easy at all!!
About the currency pair values
This naturally changes from day to day, and it isn’t guaranteed to continue indefinitely.
This quantification indicator depends on market conditions in which trends are clearly visible, so it changes from day to day.
In particular, when the numbers for the largest currency pair are two digits, or when many zero-value currency pairs appear, no matter which is the largest, a clear trend may not emerge.
When the values are large as in the figure above, a clear trend appears, so even beginners can trade easily.
Because there are few zigzags, in most cases trading with a momentum-following (buy) position will reliably yield profits.
Be careful around the time after 10 PM when the New York market opens.
Alsoin most cases, within a few hours to a few dozen minutes around midnight, the market tends to reverse, so it is better not to hold positions across days.
Of course you can hold a position overnight and still see gains, butit reverses once, so it is more efficient to take profit on the position once and re-enter if the price rises the next day.
From experience, this is the better approach.
Summary
If the trend is clearly visible, there are few zigzags, so not only beginners but anyone can trade with less stress and earn significantly more with ease.
In range-bound markets, even the most precise indicator signals won’t always keep you watching, and you won’t typically make large gains all at once, but,as with this indicator, trading currency pairs with a clearly visible trend is mentally easier and allows for large, sustainable profits without forcing it.
Product here