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| I-Sadukey Indicator |
I-Sadukey Indicator is a forex trading indicator that can be used on the metatrader 4 platform. I-Sadukey is a very strong forex trading indicator. I-Sadukey can be used to swing trade on the forex market. This can be used in a smaller time frame such as 1 minute, 5 minutes and even in a higher time frame such as H4 and the daily time frame too. I-Sadukey is a very reliable indicator and can give you extraordinary returns if you trade according to the rules. The rules are not so difficult but must be obeyed. Rules are not difficult but difficult to discipline. Only disciplined traders can make money in this trading business. Other undisciplined traders are gamblers. Gamblers rely on luck while traders are rational decision makers.
The Sadukey indicator is the following trend indicator developed for the Metatrader 4 platform. The color scheme on the default indicator is red and blue, both of which describe bearish and bullish market sentiment respectively. The red dot indicates the market is rising. The blue dot shows the market's downtrend.
This is a useful Forex MT4 indicator and also a fairly reliable tool for trend traders.Use it together with other technical analysis tools to create a complete forex trading system.
Buy:
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| I-Sadukey Indicator buy condition |
- The market must cross above i-sadukey
- Indicator I-sadukey must be red.
- Place your buy position as soon as the conditions above are met.
- Set stop loss level below the recent swing low.
- Take your profit when the i-sadukey indicator turns blue.
Sell:
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| I-Sadukey Indicator sell condition |
- The market must pass under i-sadukey
- Indicator I-sadukey must be blue.
- Place your short position as soon as the above conditions are met.
- Set stop loss level above the recent swing high.
- Take your advantage when the i-sadukey indicator lights red.
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