Sadukey Metatrader 4 Indicator

The Sadukey indicator is another trend following indicator developed for the Metatrader 4 platform. Red dots indicate an uptrending market. Blue dots indicate a downtrending market. Use in conjunction with other technical analysis tools to create a complete forex trading system.

Stop Loss Placement
A stop loss will be placed a few pips above the first blue dot for sell trades. On the contrary, a stop loss will be placed a few pips below the first red dot for buy trades. Trail your stop 1 pip below the red dots for buy trades. Trail your stop 1 above the blue dots for sell trades.

Download

Download the Sadukey Metatrader 4 indicator.

EUR/USD Daily Chart Example

sadukey-indicator-mt4

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