- January 27, 2024
- Posted by: Forex Wiki Team
- Category: Forex Trading System
Introduction: The Forex Market Reversal Alerts Dashboard
The Forex Market is dynamic, and traders are constantly seeking innovative tools to navigate its complexities. One such breakthrough is the Market Reversal Alerts Dashboard Trading System v2.0 MT4, a manual trading system gaining popularity in international markets. In this comprehensive article, we will delve into the features, benefits, and unique aspects of this trading system.
The Brokers' Worst Nightmare
Unveiling the Market Reversal Alerts Dashboard, we present a game-changer in the world of Forex trading. Designed to be the brokers' worst nightmare, this system brings forth a modern solution for traders struggling with chart analysis and consistency in the Forex market.
Automated Chart Analysis for Financial Freedom
The Market Reversal Alerts Dashboard eliminates the need for extensive chart analysis, saving traders valuable time. The system boasts a unique Price Action algorithm that automatically calculates key psychological levels in the market, generating entry, stop loss, and take profit points. This revolutionary feature ensures accuracy and consistency in trading decisions.
Versatility Across Trading Instruments
Unlike traditional systems, the Market Reversal Alerts Dashboard operates on all trading instruments available to retail traders. Whether it's currency pairs, precious metals, indices, or cryptocurrencies, this system adapts, providing traders with comprehensive signals for various markets.
Emotion-Free Trading for Success
Human emotions often lead to poor trading decisions. With the Market Reversal Alerts Dashboard, emotions are taken out of the equation. This system's core strength lies in its ability to eliminate emotional trading, paving the way for a more disciplined and successful trading experience.
Technical Specifications
Version: 2.0
Year of issue: 2023
Working pairs: ANY
Recommended timeframe: ANY
Minimum Deposit: $300
Average of account: 1:30 To 1:1000
Best Brokers List
Market Reversal Alerts Dashboard works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Market Reversal Alerts Dashboard Settings
System Features: A Glimpse Into Success
1. Automated Signal Generation
The Market Reversal Alerts Dashboard system automatically generates buy/sell signals daily, complete with entry, stop loss, and take profit levels. This feature ensures that traders receive clear and actionable signals, eliminating guesswork.
2. Trend Direction Determination
Say goodbye to being on the wrong side of the market. This system automatically determines the trend direction, providing traders with a strategic advantage in their decision-making process.
3. Automatic Risk Management
Preserve your capital with automatic risk management. The system calculates stop loss and take profit levels based on sound risk/reward management principles, making it challenging to blow your trading account.
4. Signal Provider Opportunities
For those aspiring to become signal providers, the Market Reversal Alerts Dashboard is a valuable asset. The system generates signals automatically, allowing traders to share them with others, potentially creating a new stream of income.
Compatibility and Ease of Use
The Market Reversal Alerts Dashboard trading system is compatible with both MT4 and MT5 platforms, making it accessible to a broad audience. It works seamlessly on both Windows and Mac OS, offering a plug-and-play installation process. An educational video and step-by-step instructions accompany the system, ensuring users can easily navigate and leverage its capabilities.
Signal Generation Frequency
The Market Reversal Alerts Dashboard generates one signal per trading instrument per day. This approach emphasizes quality over quantity, providing traders with carefully curated signals for informed decision-making.
Market Reversal Alerts Dashboard In Action
The initial template lacked practicality, particularly with the scan indicator for trading instruments obstructing specific price levels of signals in the top left corner. Addressing this issue, I've implemented modifications and have attached the revised template for your reference.
Key Adjustments and Features:
Upon loading the template and indicators, users will encounter a pop-up reminder stating, "License is valid, click OK to continue."
The Market Reversal Alerts Dashboard stands out for various reasons:
- Clear Position Display:
- Entry positions, stop loss positions, and three take profit positions are now showcased through horizontal lines, each meticulously labeled for enhanced clarity and understanding.
- Strategic Take Profit Positions:
- Upon closer examination by zooming in on the chart, the three take profit positions are strategically placed in key support and resistance areas. This strategic placement distinguishes the system from others where take profit levels might be arbitrarily positioned.
Trading Rules:
- Trend Confirmation:
- Prior to entering a trade, use the multi-instrument scan indicator to ascertain the trend. Ensure that the trade direction aligns with the indicator, where red denotes a bearish trend, and green indicates a bullish trend.
Trading Instruments and Timeframe:
- Trading instruments include Gold, Nasdaq, US30, GER30, and all currency pairs.
- Timeframe limited to M30 and H1.
Buy and Sell Guidelines:
- For Buying:
- The price must close above the buying level on M30 before entering the trade.
- Set stop loss and take profit levels as indicated by the system (located in the top left corner).
- For Selling:
- The price must close below the selling level on M30 before entering the trade.
- Set stop loss and take profit levels as indicated by the system.
Additional Recommendations:
- If the price reaches the first take profit target, refrain from entering another trade; wait for the next trading opportunity.
- Despite daily signals, avoid overtrading; limit to a maximum of 1 to 2 trades per day.
- If the price hits the stop loss level, cease trading for the day, and resume the next day.
These adjustments aim to enhance the template's usability and effectiveness in facilitating informed trading decisions.
Conclusion: Welcome to the Future of Forex Trading
The Market Reversal Alerts Dashboard Trading System v2.0 MT4 stands as a testament to the evolution of Forex trading. By automating critical aspects of chart analysis and decision-making, this system opens the door to a future where traders can achieve success without being bound to their screens. Embrace the revolution, and experience a new era in Forex trading with the Market Reversal Alerts Dashboard.
Download Market Reversal Alerts Dashboard
Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.
