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professional Market Edge is scalping, trending, alteration indicator, with alarms. You are able to use it all along with match
with your plan whatever it fits you. My recommendation is to unite with my Colored RSI, and should two signals are matched, and
pointing same way (for example purchase on this indicator, and green on RSI, you can have a long place, prevent loss should be last local
low, if you want to be conservative, add ATR. ) you can take position. If you using moving averages, that’s even better if signal
aligns with 21,89,200 EMA, its triple confirmation of possible scenario and that trade looks really good. Again, take in
consideration this is only indicator, it’s not 100%, but when you get your confirmation signal, and you have your risk management in
place, you should be profitable in long run, not trade thinking just next trade, but serious of trades (as we pro traders do, and with
65-70% win ratio, you are good if you have proper risk management.)

Best Strategy for using it Рor look at full automated EA trading it in video trading it: 

professional Market Edge is scalping, trending, alteration indicator, with alarms. You are able to use it all along with match
with your plan whatever it fits you. My recommendation is to unite with my Colored RSI, and should two signals are matched, and
pointing same way (for example purchase on this indicator, and green on RSI, you can have a long place, prevent loss should be last local
low, if you want to be conservative, add ATR. ) you can take position. If you using moving averages, that’s even better if signal
aligns with 21,89,200 EMA, its triple confirmation of possible scenario and that trade looks really good. Again, take in
consideration this is only indicator, it’s not 100%, but when you get your confirmation signal, and you have your risk management in
place, you should be profitable in long run, not trade thinking just next trade, but serious of trades (as we pro traders do, and with
65-70% win ratio, you are good if you have proper risk management.)

Read More...

You put 21 EMA on your chart, take our Colored RSI, and this indicator.
This is second video, first you have down, and
this is second demonstration : https://youtu.be/YMgA5FgEcHU

When
the price is below 21 EMA and price is going up to it, 21 will act as resistance do not take a position, even if you got a signal (arrow) to buy.
You wait for the candle to close above 21 on that Time Frame, then you take a position, stop loss is on low of the signal or last local low.
Make 3-5 Profit Targets, and first profit target(PT) is the same distance as is your entry to your stop loss at least (if you know how to see
levels, it’s on first resistance). Every other PT, is the same distance, or on the next resistance if you know how to read levels. Same
stuff just other way around for sell (short) signal. 

Fully automated EA on this strategy, levels and risk management: https://www.mql5.com/en/market/product/46520

Important: 

When Price Action is flat (21 is flat), and you are in position, do not take other way position, till you get stop out, and when you get stop out
and you see price action is still flat, wait for another candle closure to see, some verification in the market. This is not to often but it
happens. 

You put 21 EMA on your chart, take our Colored RSI, and this indicator.
This is second video, first you have down, and
this is second demonstration : https://youtu.be/YMgA5FgEcHU

When
the price is below 21 EMA and price is going up to it, 21 will act as resistance do not take a position, even if you got a signal (arrow) to buy.
You wait for the candle to close above 21 on that Time Frame, then you take a position, stop loss is on low of the signal or last local low.
Make 3-5 Profit Targets, and first profit target(PT) is the same distance as is your entry to your stop loss at least (if you know how to see
levels, it’s on first resistance). Every other PT, is the same distance, or on the next resistance if you know how to read levels. Same
stuff just other way around for sell (short) signal. 

Fully automated EA on this strategy, levels and risk management: https://www.mql5.com/en/market/product/46520

Important: 

When Price Action is flat (21 is flat), and you are in position, do not take other way position, till you get stop out, and when you get stop out
and you see price action is still flat, wait for another candle closure to see, some verification in the market. This is not to often but it
happens. 

To summaries, when indicator showing buy arrow, and RSI is flashing green, I would take buy (long position), with a stop loss on previous
local low (if it’s on the same candle there is easy stop loss then).
When indicator point red arrow and RSI confirming red line, you can take Sell (short position) with a stop loss on the previous high. 

My recommendation would also be, few profit targets, and after each profit target move stop loss (after first profit target move stop loss
to break even, after second profit target move stop loss on first profit target and so on).

Update 24 April 2020


We added Sounds alerts, and email notification for the signal of the indicator, see the picture in the picture section. 

For the custom sounds add “.wav” file to the sounds folder in the MT5 installation folder and add filename with .wav in inputs of the
indicator itself. 

Settings for the email in “Tools->Options->Email .
For the custom sounds add “.wav” file to the sounds folder in the MT5 installation folder and add filename with .wav in inputs of the
indicator itself. 

Settings for the email in “Tools->Options->Email .

If you have any questions feel free to ask.

If you have any questions feel free to ask.

Our Useful Features & Services

Published

06 February 2020

Updated

24 April 2020

Current Version

1.2

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Richard Vardy January 12, 2021 8:33 pm
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Great solution, 85% success rate. Its supplies Buy/Sell arrows with alarms. Colored candles up and down, 1 color for up and down and colour can be changed. It removes all the sound of these candles and simple to read candle movement. Combine this Pro with the colored RSI, an excellent mix.
I suggest this to beginners and pro’s.

–°–į—ą–į –°–ł–Ĺ–ļ–ĺ–≤ January 12, 2021 8:33 pm
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