Who is it Made for?
A team of our best experts has spent a lot of time combining different algorithms in one tool to create “FX Trend Stalker”. Despite it sounds pretty complicated, the interface of the indicator is highly user-friendly. Since you start using a tool, it’s intuitive once you see how it works. So, on the inside, the indicator is difficult, but on the surface, everything is clear even for a newbie in trading. The only thing you need to do is to follow BUY and SELL signals that are shown on the screen of an MT4 platform looking at how your profit goes up.
For sure it suits experienced traders as well. Those traders with years of experience in the Forex market can find “FX Trend Stalker” useful due to various levels of trend confirmation.
Thus, “FX Trend Stalker” fits perfectly both newbies and experienced traders.
Unique Smart Features
- Trend Power Detector shows the current (buy/sell) trend strength and the probability of price movement in the appropriate direction due to the wave theory and smart algorithms.
- The greater its value, the more probability a new wave of strong price movement appears, so this is a good moment of entry.
- That’s why when Trend Power Detector shows 5-8 bars, we call it Powerful Entry.
Why is it important to monitor different timeframes?
The use of several trading periods in trading allows you to quickly respond to market volatility and find changes, trend reversals or predicted flat market as early as possible. Working with several trading periods allows you to filter signals, thereby increasing the percentage of profitable trades.
How to use the info in the informer?
For safe trading, look carefully at higher timeframes. If you’d like to open a Sell Order on M1, then check trends on M5 and M15 – the arrows in the Informer. If the trend direction is downward on M5 and M15, go short and sell on M1.
How to Use «FX Trend Stalker»
- Once the Indicator generates a new signal and you see the dynamic neon line has changed its color, you can enter a trade according to the BUY/SELL signal. The Blue line is for Buy, and the Red line is for Sell.
- If you prefer a safe type of trading, you can wait for the Powerful BUY/SELL signal (when the trend is extremely powerful) and enter trades only when wide neon lines together with crosshair icons appear on the screen.
- Unique Trend Detector feature: you can determine whether it’s worth it or when it’s better to enter a trade due to your trading style by looking at arrows in the informer confirming the trend direction on M5-M30 Timeframes.