- May 15, 2022
- Posted by: Forex Wiki Team
- Category: Forex Trading System
Forex Secret Indicator TIO Review
Forex Secret Indicator combines many indicators for manual trading. All trend indicators work differently. And when the signal from them matches, then this is the strongest signal, and it is displayed in the panel on the right. This is not the Grail. It can be used with Patterns or your own trading system to provide extra confirmation of trade inputs or exits.
Category: Indicator
Platform: MT4
Currency Pair: All pairs
Trading Time: All sessions
⏳ Timeframe: All timeframe
⭐️ Grade: B / ★★★✩✩
Best Brokers List
The Forex Secret Indicator TIO works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:
Setting Of Forex Secret Indicator TIO
The Forex Secret Indicator is a mix of best stable indicators and a custom price action filter for Metatrader 4. There are no distracting bands, histograms, or lines on it. Only non-repaint arrows that indicate when to purchase and sell are included. It also provides adequate escape locations in addition to entry ones. As a result, it is appropriate for both new and experienced traders.
Here's something else to consider. During the London and New York sessions, when the market is more volatile, the Buy-Sell indication is excellent for this time frames (M15, M30, H1). You can use it to trade any currency pair, which is the finest aspect. However, the indicator should not be used on holidays or during important economic news.
Secret Forex Trading Strategies
Buy Signal
The indicator shows a blue circle + green arrow and confirmation Flag in the top right of the chart, signaling that it is time to enter a long position. A screen alert pops up to ensure identifying the signal in real-time. The best part is that the indicator calculates support and resistance levels for you. All you have to do is to fill in the order to choose your stop loss and take profit.
Where should you exit the trade? Well, you set the take profit using the 3:1 reward ratio. In other words, you can set your own profit target, say 50 pips. Also, you can wait for the indicator to post a bearish signal and exit the buy trade.
Sell Signal
Open the short position when the indicator displays a Purple circle + red arrow and confirmation Flag in the top right of the chart. The pop-up alert also displays a suitable sell stop. Also, you can use a tighter stop loss by setting it just above the support line. If you are not sure about setting your own take profit, simply exit when the indicator posts a buy signal.
Forex Secret Indicator TIO for MT4 is a great technical analysis tool for simple and straightforward trading.
Forex Secret Indicator Free Download
We highly recommend trying the Forex Secret Indicator for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.