The ultimate buy sell secret Forex indicator for Metatrader 4, developed by Karl Dittmann is a trading system that can be loaded onto every Forex chart and time frame.
This indicator system delivers entry signals, recommended stop-losses and take profit objectives.
According to Karl, the hit rate of this indicator is up to 85% profitable trades!
Chart Setup
Used indicators: buysell5secret.ex4
Preferred time frame(s): M1 and higher
Trading sessions: London and US session for M1 up to M30. Around the clock trading for time frame’s above M30.
Currency pairs: any
Download
Download The buysell5secret.ex4 indicator.
Example: GBPJPY M5 Chart
The figure above is an example of the ultimate buy sell secret Forex indicator system in action on the 5 minute GBP/JPY chart.
The screenshot shows you how easy it is to make this indicator work for you.
A blue arrow = buy, a red arrow = sell. 4 Winning trades for 225 pips profit.
Trading Rules
Buy conditions:
The ultimate Buy Sell Secret indicator draws a blue arrow + pop up alert to go long = buy signal
Open buy trade.
The ultimate Buy Sell Secret indicator calculates the stop-loss and displays it on the left upper corner of the MT4 chart .
Alternatively, keep you stop-loss tight and place it just below the most recent support price level.
Trade exit (TP): (1) Set your own profit target, for example 70 pips, do not wait for an opposite trading signal issued by the Buysell5secret indicator. (2) Wait for an opposite trading signal (sell signal) to close the long trade.
Sell conditions:
The ultimate Buy Sell Secret indicator draws a red arrow + pop up alert to go short = sell signal
Open short trade. The ultimate Buy Sell Secret indicator calculates the stop-loss and displays it on the left upper corner of the MT4 chart .
Alternatively, keep you stop-loss tight and place it just above the most recent resistance price level.
Trade exit (TP): (1) Set your own profit target, for example 35 pips, do not wait for an opposite trading signal issued by the Buysell5secret indicator. (2) Wait for an opposite trading signal (buy) to close the short trade.
How to install the Ultimate Buy Sell Secret custom indicator in Metatrader 4?
- Download the buysell5secret.ex4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.