Learn to trade from Cougar Fx Indicator. This indicator is a good & non-repaint indicator. there are three templates. which are, ET aggressive template, ET safe template, ET standard template. These templates are good for any currency pairs& any time frames.
How to install for meta trader.
Open data folder>open MQL4>open indicator folder>insert all ex4.files & mq4.files to indicator folder>open template folder>insert all tpl.files to template folder>restart meta trader platform or otherwise refresh navigator.
Learn to trade from Cougar Fx Indicator-Trading instruction.
This system will issue two signals. Which are market trends & entry points. The background color will show us the market trend. Also, Red & Blue arrows will show the entry points.
If the Background color is Blue, that’s mean market trend is up. So, in that situation take only Buy entry. Take Buy trade when you get a Blue color arrow. If the Background color changes to Blue you can enter Buy trades with the Blue arrows several times. Place stop loss lower low level or nearest support level. exit from your fx trade when you get the opposite Red arrow signal or target profit pips.
If the Background color is Pink, that’s mean market trend is down. So, in that situation take only Sell entry. Take sell trade when you get Red color arrow. If Background color changes to pink you can enter to sell trade with the red arrows several times. Place stop loss higher high level or nearest resistance level. exit from your fx trade when you get opposite blue arrow signal or target profit pips.