I-Sadukey Indicator is a forex trading indicator which can be used in metatrader 4 platforms. I-Sadukey is a very powerful forex trading indicator. I-Sadukey can be used to swing trade in the forex market. It can be used in smaller time frames like 1 minute, 5 minute and even in higher time frames like H4 and daily time frame as well. I-Sadukey is very much reliable indicator and it can give you unbelievable returns if you trade as per its rules. The rules are not so hard but they should be followed. Rules are not hard but it’s hard to be disciplined. Only discipline trader can make money in this trading business. Other traders who are not discipline are gamblers. Gamblers depend on luck while traders are rational decision makers.
When I-sadukey indicator is appropriately installed in your trading platform, your chart should look like this:
- I-Sadukey
This custom made technical indicator is a dotted blue and red moving average. When the market crosses above this indicator, it’s a buy signal and when the market crosses below this indicator, it’s a sell signal.
Buying Conditions Using I-Sadukey System.
- Market should cross above the i-sadukey
- I-sadukey 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 i-sadukey indicator turns blue.
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Selling Conditions Using I-Sadukey Indicator.
- Market should cross belowthe i-sadukey
- I-sadukey 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 i-sadukey indicator turns red.
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