Skdon indicator is a forex trading indicator. Skdon indicator is highly reliable and amazing forex trading indicator. Skdon indicator is preferred by expert traders as well. The Skdon indicator is very easy to use and it’s very user friendly. Beginner traders find this forex trading indicator very easy and useful as well. It is a trend following indicator. The Skdon indicator lets you pick the market at the beginning of the new trend and let you exit before the market reverses to the bottom. This is all you need to make money consistently in the forex market. The Skdon indicator is perfect for the swing traders.
When the Skdon indicator is correctly installed in your trading platform, your chart should look like this:
- Skdon indictor
Skdon indicator is like heikenashi bars and it works somewhat like moving averages. It filters the noise of the market and lets you see the clear direction of the market. It is a very useful indicator to make money in the trending market. It works poorly in the ranging markets but no worries because you can always choose trending markets as there are more than 25 trading pairs in your metatrader platform. The only thing you need to make money with this trading indicator is you need to follow the rules of the system with complete self discipline.
Buying Conditions Using Skdon indicator.
- Market should be up trending.
- The market should be above the Heikenashi bars.
- A blue arrow pointing upward should appear below the market.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit a red arrow appears above the market.
Selling Conditions Using Skdon indicator.
- Market should be down trending.
- The market should be below the Heikenashi bars.
- A red arrow pointing downward should appear above the market.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit a blue arrow appears below the market.
Download Free Forex Skdon indicator
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