Auto trend forecaster Indicator

Auto Trend Forecaster Indicator

Auto trend forecaster is only a technical indicator that helps predict forex market trends. The indicator is very simple and easy to trade. But it is a very effective and powerful tool for forex traders. So the main idea here is to create a trading system / strategy that is based on automatic trend forecasting indicators and that is possible. This single indicator can be used to trade profitably and consistently on the forex market if the system is used with discipline and adhering to the rules. There are certain rules of the Automatic Trend Forecasting system that must be followed. Rules may not be violated under any circumstances. You must have a patient to wait for the right signal.

Regarding the time frame and currency pair, you can trade on any time frame using an automatic trend forecasting system with any currency pair. But certain conditions must be met to carry out trade. The condition is, the market must be a trend in the time frame you use. For example, if you want to buy EURUSD by analyzing on a 15 Min chart then the market will trend up on the EURUSD 15 chart. Likewise if you are looking for a short USDJPY on H4, the dominant trend on the USDJPY H4 chart should go down.

Auto Trend Forecaster is a custom made indicator which is the type of moving average displayed in the indicator window. The main feature of this indicator is the change in color when the trend changes. This Auto Trend Forecaster color change feature makes it easier for you to trade on the market. The main idea is to buy when the Automatic Forecaster Trend is blue and sell when the indicator is red.

Buy condition:

Buy condition

• The market must rise in trend.
• Wait for the Auto Trends Estimated indicator to turn blue.
• Place your stop right below the last low swing.
• Take your profits immediately after the Automatic Trend Forecast turns red.

Sell condition:

Sell condition

• The market must go down the trend.
• Wait for the Auto Trends Estimated indicator to turn red.
• Place your stop just above the recent high swing.
• Take your profits immediately after the Automatic Trend Forecast turns blue.

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