Forex Gump Miner is a completely ready-made trading system. Does not redraw its signals. Shows the trader when to open and close trades. Predicts the potential profit and displays this information on the screen. The trader does not need to analyze the market, study economic news and build their own strategies. All this is already available in Forex Gump Miner. Our team of programmers and traders has already done it for you. All you have to do is install Forex Gump Miner on your Metatrader 4 and follow its instructions. The indicator in the form of arrows will show you the points of opening deals. The arrow will appear at the very beginning of a new candle, and you need to open a deal when the candle is closed. So you will get approximately the result that the indicator predicts.
How to Trade with Forex Gump Miner:
- Before you start trading, you need to open the indicator settings and specify the spread of your broker in the “spread” parameter. This should be done so that the indicator can more accurately predict the potential profit/loss.
- Now you need to set the indicator to any Currency pair and switch timeframes to see what profit / loss the indicator predicts. For example, if you set the indicator to GBPUSD and it predicted a profit on the H1 timeframe, then you can start trading on this currency pair and this timeframe. If it predicts a loss, then you need to look for another timeframe or currency pair.
- When you have found a currency pair and a timeframe where Forex Gump Miner predicts profit, you can start trading. We are waiting for a signal from the indicator in the form of an arrow. When the green arrow appears (appears at the beginning of a new candle) we wait for the closing time of the candle and open a buy deal before closing it. We do the same thing when the red arrow appears. only the transaction is opened for sale. We close the deal when the next signal appears. For example, if we have a buy deal open and a red arrow appears, then we close the buy deal and open the sell deal.
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Advantages of Forex Gump Miner:
- does not redraw signals
- automatically analyzes the market and builds a trading system to make a profit.
- gives the trader simple signals when to open trades.
Forex Gump Miner Settings:
- period – the period of the indicator.
- high – resistance limit.
- low-support limit.
- spread – the spread of your broker.
- bars – the number of bars on which the indicator will be displayed.
- inform-display the projected profit/loss on the screen.
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