Clickbank , Forex Trading System , Intraday. The indicator displays two levels either side of a mean price moving average and the levels are calculated using the Average True Range ATR.
Level 1 is a suggested Entry level where price is expected to return to the mean. Level 2 is a suggested Stop level where prices rarely extend to. The levels are explained in more detail as are the reasons for using them as Entries and Stops. Almost 20 pages are devoted to installation, chart set up and indicator adjustment, detailed without being over the top.
The characteristic identification process is then quite well explained. Installation is well explained in the manual, download a MT4 template and a MT4 indicator into the appropriate directories. Straight forward even for those with no previous exposure to MT4. Place orders and adjust open trades based on the values displayed by the indicator. With this in mind and rather than trying to curve fit this we went with the examples identified in the manual.
No clear indication of profitability however we would say we could probably have achieved better results if we had taken the time to adjust the settings.
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