Foreign exchange trend profits
A trend indicator designed to make it easier for traders to find the future direction of prices. The indicator helps smooth out price movements, eliminates market noise, creates a clearer picture of existing trends, and gives you the best entry point into the market with +95% accuracy! Indicators are not redrawn.
Profit taking – depends on the time frame and volatility of the currency pair. At higher time frames, trailing stops can be used.
The indicator’s archive contains Rules.txt, which contains the author’s trading recommendations. You can view it by downloading it at the bottom of this article.
The author of the indicator claims that the indicator does not delay. And here, I allow myself to disagree with that claim. Because as you can clearly see, the signal appears much later than the start of the trend. Sometimes, the signal appears when the trend has already faded and begins a correction or reversal.