Ultimate Buy Sell Secret Forex Indicator
The ultimate buy sell secret indicator, developed by Karl Dittmann is a trading system that can be loaded onto every forex chart and time frame.
This indicator system delivers entry signals, recommended stop-losses, and takes profit objectives.
According to Karl, the hit rate of this indicator is up to 85% profitable trades!
Chart Setup
Used indicators: buysellsecret9.ex4
Preferred time frame(s): M1 and higher
Trading sessions: London and US sessions for M1 up to M30. Around the clock trading for time frames above M30.
Currency pairs: any
Example: GBPJPY M5 Chart
The figure above is an example of the ultimate buy sell secret forex indicator in action on the 9 minute GBP/JPY chart.
The screenshot shows you how easy it is to make this indicator work for you.
A blue arrow = buy, a red arrow = sell. 4 Winning trades for 225 pips profit.
Trading Rules
Buy conditions:
- Buysellsecret9 draws a blue arrow + pop up an alert to go long = buy signal
==> Open buy trade. The Buysellsecret9 indicator calculates the stop-loss and displays it on the left upper corner of the MT4 chart. Alternatively, keep your stop-loss tight and place it just below the most recent support price level.
Trade exit (TP): (1) Set your own profit target, for example 70 pips, do not wait for an opposite trading signal issued by the Buysellsecret9 indicator. (2) Wait for an opposite trading signal (sell signal) to close the long trade.
Sell conditions:
- Buysellsecret9 draws a red arrow + pop up an alert to go short = sell signal
==> Open short trade. The Buysellsecret9 indicator calculates the stop-loss and displays it on the left upper corner of the MT4 chart. Alternatively, keep your stop-loss tight and place it just above the most recent resistance price level.
Trade exit (TP): (1) Set your own profit target, for example 35 pips, do not wait for an opposite trading signal issued by the Buysellsecret9 indicator. (2) Wait for an opposite trading signal (buy) to close the short trade.
