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Tuesday, 03 December 2024
Forex-10-Minute-Trader-Indicator
Forex-10-Minute-Trader-Indicator

Forex-10-Minute-Trader-Indicator

Watch the testing video here:

10 Minute Trader Forex Countertrend Strategy

 

Trading in the currency market can be a fairly difficult task depending on the strategy that you deploy in generating profits.

It becomes even more strenuous when considering the amount of time needed to set things up, as well as the ever present complex indicators.

However, the 10 Minute Trader Forex Countertrend strategy is a pretty modest strategy that only requires you to use three indicators.

The 10 Minute Trader Forex strategy scans for a countertrend reversal trade but will only take a chance on it when momentum supports the reversal.

Exploring the examples below will allows us understand these momentum-based reversal moves.

Chart Setup

MetaTrader4 Indicators: 10-minute-trader.ex4 (Default Setting), ahoora-indicator.ex4 (Default Setting), cci-histograms.ex4 (Default Setting)

Preferred Time Frame(s): 1-Minute, 5-Minute, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week

Recommended Trading Sessions: Any

Currency Pairs: Any pair

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