MegaFX Profit Indicator: Simplifying Trading for All
 
Description: MegaFX Profit Indicator can be used for trading in any currency pair and timeframe. While it's ideal for intraday trading, it can also be effective for higher timeframes like H4 and above, offering round-the-clock usability. MegaFX Profit is intuitive, making it accessible even for novice traders.
 
Characteristics of MegaFX Profit Indicator
Platform: Metatrader4
Currency pairs: All pairs 
Trading Time: Any
Time-frame: M5 and above
 
It's an all-currency pairs indicator designed for use on all timeframes.
 
This indicator doesn't require extensive trading experience. It's crafted to assist traders in making profits. When used correctly, it can lead to successful trades.
 
Recommended Take Profit and Stop Loss:
Take Profit: Depending on the selected timeframe (M5 - 15 pips, M15 - 30 pips, M30 - 35 pips, H1 - 40 pips, H4 - 60 pips, etc.)
Stop Loss: 15-20 pips
 
 
Indicator Behavior: The MegaFX Profit Indicator forms a wave line that changes color between red and green. A yellow line at the zero level acts as a reference point. When the wave line crosses this yellow line downward, it turns red, and when it crosses upward, it turns green.
 
Trading Signals:
Trading signals are generated when the wave line crosses the yellow line.
Arrows (green or red) indicate buy or sell signals respectively.
Wait for one to two candles to form in the same direction of the trend after the wave line crosses the yellow line before placing a trade.
You should not place a trade immediately the wave line crosses the yellow straight line. You should be patient and wait for the indicator to confirm the trend with an arrow signal.
 
 
How to Use MegaFX Profit Indicator for Trading:
Buy: When a green arrow appears.
Sell: When a red arrow appears.
 
Please note:
Purchasing this MegaFX Profit Indicator grants you FULL ACCESS to the Code and Parameters.
 
 
RISK DISCLAIMER:
The application shown on this page does not consider your personal circumstances and trading objectives. Therefore, it should not be seen as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, methods, expert advisors (EAs), scripts and/or indicators will lead to profits or prevent losses.