Eliminate emotional trading with the Trend Sniper indicator.
This trading system is an intelligent software which was developed for the purpose of reducing lag, increasing responsiveness while at the same time eliminating noise. It emphasizes recent prices over older ones, resulting in a fast-acting yet smooth moving average that can be used to identify the prevailing market trend. Works best with major currency pairs on the 1 hour time frame.
*copy all inputs in the indicator properties shown in photos above.
How to enter trades:
entry long- after up arrow has been formed, buy
entry short- after down arrow has been formed, sell
risk/reward ratio should be set to your preference
*once arrows are formed it doesn't repaint (change), ensure the candle stick closes when the the arrow has formed for optimum entry.
Kiss stop loss hits, failed analysis, fake-outs and revenge trading goodbye!!