Trend Mirror is a forex trading indicator. Trend Mirror is a very reliable forex trading system. The Trend indicator is tested and performed well in the past. The Trend Mirror indicator can be used in any time frame and any currency pairs can be trade with this indicator. Trend mirror indicator works best in a trending market environment. When the market is choppy, Trend mirror doesn’t perform well. Thus, you should avoid the market which is non-trending. The Trend Mirror indicator is very simple to use.
When you install Trend Mirror in your trading platform, your chart should look like this:
- Trend Mirror
Trend Mirror consists of two oscillators. You can see blue and red oscillators in Trend Mirror indicator. The buying and selling signals are generated by the crossovers of these two oscillators. When the red oscillator crosses above the blue oscillator, it’s a buy signal and when the blue oscillator crosses above the red oscillator, it’s a sell signal.
Buying Conditions Using Trend Mirror.
- Market should be up trending.
- Red oscillator should cross above the blue oscillator.
- 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 blue oscillator crosses above the red oscillator.
Selling Conditions Using Trend Mirror.
- Market should be down trending.
- Blue oscillator should cross above the red oscillator.
- 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 red oscillator crosses above the blue
Download Free Forex Trend Mirror Indicator
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