Forex SentiFX Monday Range MT4 Indicator:
About the Forex SentiFX Monday Range MT4 Indicator
Please PM me right after buying so I can invite you to our Slack group, where we discuss the indicator, associated strategies and our current view on the markets.
Finally, for the first time ever, we are revealing the best kept secret in the FX Market that banks and Market Makers don’t want you to know about.
Now you can systematically map the market and follow the smart money using the Monday Range.
As you know, smart money is buying or selling the tails of candles during those big up or down weeks.
Now you can be ready to strike as they tip their hand by trading the breakout or retest of that range.
If you’re a breakout trader – you can immediately trade the break of the Monday Range in the direction of previous order flow.If you’re a swing trader – you can trade the pullback to the range after a breakout.
If you’re a mean reversion/contrarian trader – you can wait for pairs to show failure to break out and take a trade opposite of the breakout.
And lastly, if you’re a grid trader or using a market making strategy, you can use the Range Expansions to enter and exit positions.
The SentiFX Monday Range Indicator provides you a systematic way to trade and is a great addition to your trading style.
The indicator features:
- – highlighting of the Monday Range and its extensions
- – fixed number or automatic calculation of needed extension count
- – all colors and line styles fully customizable
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)