Reversal Navi is a forex trading indicator. Reversal Navi indicator allows you to know when the market is reversing. You should follow the trend of the market and enter in the market when the correction ends. The Reversal Naviis a very simple forex trading indicator. A beginner trader with slight knowledge of forex market can trade with this forex trading indicator. Reversal Navi indicator can be used for swing trading purposes as well as for scalping purposes. Above all, the discipline to follow the rules of the system is the most important thing you need to make money with this trading indicator.
When you install Reversal Navi indicator in your metatrader 4 trading platform, your chart should look like this:
- Reversal Navi
Reversal Navi is an indicator which consists of blue and red fractals. You will also see moving average like indicator in the main chart. The moving average like indicator helps to figure out the direction of the trend and the fractals will help you to take short term trades to make quick profits. When the moving average like indicator is red in an up trending market, you should look for buying opportunities. Similarly when the moving average look like indicator is blue and in a down trending market, you should be selling.
Buying Conditions Using Reversal Navi Indicator.
- The market should be up trending.
- The Reversal Navi indicator should be red.
- 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 Reversal Navi indicator turns blue.
Selling Conditions Using Reversal Navi Indicator.
- The market should be down trending.
- The Reversal Navi indicator should be blue.
- 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 Reversal Navi indicator turns red.
Download Free Forex Reversal Navi Indicator
Our community traders work with XM.com brokerage company. If you are thinking to open demo or real forex trading account we recommend XM. They currently offer up to 5000$ bonus on your deposit find details below: