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Basic Trading Signals
Signals from the Bykov Trend Signals Metatrader 4 forex indicator are easy to interpret and goes as follows:
Buy Signal: Go long when the indicator paints an aqua buy arrow on the activity chart.
Sell Signal: Go short when the indicator paints an magenta sell arrow on the activity chart.
Trade Exit: Close the open buy/sell forex position when an opposite signal occurs, or use your own method of trade exit.
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