Trend indicator mt4-Cash trend catcher strategy is a good trading system. Follow money management with fundamental analysis & get successful with this trading system. You can change indicator settings as you wish. Practice with a demo account to get a better experience.
How to install this trading system.
Open meta trader platform>open data folder>open MQL4>open indicator folder>insert all ex4.files to indicator folder>open template folder>insert tpl.file to template folder>restart MetaTrader platform.otherwise, refresh Navigator.
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How to trade from Trend indicator mt4-Cash trend catcher.
For buy trade, the Renko street indicator should change to green & at that time yellow arrow must show the upper direction. When both signals appear together enter for a buy trade. Place stop loss lower low level near the arrow. Exit from trade when you get the opposite arrow. Otherwise, exit when the Renko street indicator changes color. Also, Don’t try to re-enter in the same direction.
For sell trade, the Renko street indicator should change to red & at that time yellow arrow must show the lower direction. When both signals appear together enter for a sell trade. Place stop loss higher high level near the arrow. Exit from trade when you get the opposite arrow. Otherwise, exit when the Renko street indicator changes color. Also, Don’t try to re-enter in the same direction.
