This is indicator comes in various setups to cater for the various traders wants. The setups are mainly four in number. Although the trader downloads all the setups together, he or she should ensure that he chooses the correct one since all are used differently and require different ways of installation or attachment to the MT4 platform. All the four indicator setups have a similar algorithm with differences being the brokers for which to use with and how to attach the indicators. However for most brokers like XM and HotForex, the trader can load all the indicators on the platform and use them all in combination.
As seen from the chart above, all the setups work in the sam manner. But there is a small difference between the Buysell(s) and the Buysell code(s). the buysell4code gives its signal one candle before the Buysell4. The same thing happens with the Buysell5code and the Buysell5.
The Ultimate buy sell secret algorithm is based on a combination of four custom indicators together with several price action filters that are incorporated. This makes it noise free thus making it very efficient in its signals.
Features of the Ultimate buy sell secret indicator
We shall look at the Buysell4 in this article. But its working is the same to the others and if you understand how to use it, you can use the rest as well.
The indicator is responsible for the formation of blue and red arrows in the main trading chart. The indicator itself is however displayed in a separate chart below the main trading chart. There is some information about the level of the take profit, stop loss, sizes of the arrow, condition of the alerts and the trend that is displayed on the top left corner of the main trading chart. There is line that is drawn in the indicator’s chart. This line is drawn according to the market swings. It actually follows the trend of the market.
Fig.1. Chart showing the features of the Ultimate buy sell secret indicator.
The color of the line changes according to the trend of the market prices between blue and yellow colors. If the market is on a down trend the line will be yellow and if the market is blue in color the line is blue in color.
For the buysell4, there is a red and blue arrows that is displayed when the color of the line changes from blue to yellow and yellow to blue respectively. This is however not the case with all the other setups of this indicator.
The trading signals of the Ultimate buy sell secret indicator, are given when the color of the line changes. At this time the arrows are also formed. When the color of the line changes from blue to yellow and a red arrow is formed then that is a sell indicator. On the other hand, if the color of the line changes from yellow to blue and a blue arrow is formed then there is a buy signal.
How to use the Ultimate buy sell secret indicator to trade.
Placing a sell: the trader should place a sell when the color of the line in the indicators chart changes from blue to yellow and a red arrow appears. You should also place stop loss and take profit as shown in the top left corner of the main trading chart. However, if the stops are not activated, the order should be closed if the color of the line changes from yellow to blue.
Placing a buy: the trader should place a buy when the color of the line in the indicators chart changes from yellow to blue and a blue arrow appears. You should also place stop loss and take profit as shown in the top left corner of the main trading chart. However, if the stops are not activated, the order should be closed if the color of the line changes from blue to yellow.
Example of how to place orders.
Open demo account to test this system.
Download Free Forex Ultimate Buy Sell Secret Indicator
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