Duality System Indicator V1.1 MT4
Watch the testing video here:
Conquer Market Volatility with Duality System V1.1 Indicator MT4 (FREE)
Overview
The Duality System Indicator V1.1 MT4 is a powerful tool designed for MetaTrader 4 (MT4) traders. It provides insights into potential trade setups and helps traders make informed decisions. Here are the key details:
- Timeframe: The indicator can be used on any timeframe, allowing flexibility for various trading styles.
- Currency Pairs: The Duality System works well with all major currency pairs, including EUR/USD, GBP/USD, USD/JPY, and more. Traders can choose the pairs they are most comfortable with.
Trading Strategy
The heart of the Duality System lies in its trading strategy. Let’s delve into how it identifies trade opportunities:
- Envelope Breakout: The system waits for a candlestick to close below or above the envelopes. These envelopes represent price volatility bands.
- Bollinger Band Confirmation: Optionally, traders can use Bollinger Bands. When the candlestick crosses the middle Bollinger Band, it signals a potential trade setup.
- Average Daily Range (ADR): Before taking a trade, the price must attain its average daily range (ADR100%). This ensures that the market has sufficient volatility for profitable trades.
- Buy/Sell Zones: The indicator identifies specific zones for buying, selling, and maintaining balance. These zones help traders execute trades with precision.
Minimum Deposit
While there is no fixed minimum deposit requirement for using the Duality System, it is advisable to start with a reasonable amount. A deposit of $500 or more is recommended to manage risk effectively.
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