Forex Currency Trading Strategy is very important when you enter the forex market as a forex trader. Blau Balance template is a good & non-repaint template. It is supported for any time frame & any Forex currency pairs.
Template Review.
You can change indicator settings as you wish. Otherwise, you can use default settings. It indicates a red dot for sell turning point & green dot for buy turning point.
Download & Install
Open MT4 platform>Open data folder>Open MQL4>Open indicator folder>insert ex4. file >Open Template folder>insert tpl.file >Refresh Navigator otherwise restart MT4 platform.Load any Forex Currency chart & insert Template.
How to trade with Forex Currency Trading Template.
BUY Forex Trade -When appearing Red dot you can enter to Sell trade.
Sell Forex Trade-When appear Green dot you can enter to Buy trade.
Take profit-You can exit the opposite signals. Otherwise, exit with target profit pips or use trailing stops.
Stop loss-Place stop loss to higher high level or lower low level. Otherwise, set stop loss you can take a risk.
Don’t enter to Forex trade in a Ranging market with this template. Because a lot of signals will fail with Ranging market. Therefore you must filter the forex Ranging market & Trending market with your other analysis
Forex Ranging Market.
When price continuously moves between major support & Resistance levels its called the Ranging market or sideways market. At that time Forex market movement may be horizontal.
