Video Script
hi everyone Chris here from Need for
Spread so in this video i want to
review an indicator which i already use
it and gain very good results and it’s
called i im forex trading indicator
and this one you can use it to trade
forex stocks
indices and also
options binary options but you have the
ability to trade
also
gold which again very good results with
gold XAUUSD so um stay here until the
end of this video to see what’s all
about this indicator and until the end
of this video if you like it of course
you
will see how you can download for free
this indicator all right guys if you are
new to my channel don’t forget to
subscribe and also hit the notification
bell this will be notified every time
i’m uploading new videos
and that being said without further ado
let’s jump into
the video
all right guys i hope everybody’s well
today
so here is the
indicator am forex day trading
in action
and i will explain you a bit how to use
this indicator but first thing first i
want to let you know that you will find
this indicator you’ll find a link below
this video in the description area and
as usual uh here on my channel you are
able to download for free this indicator
uh this is a tested indicator i endorsed
this indicator and i found it i find it
very
uh useful and i made a good profit with
it and in a second i will show you how
to install this indicator on your mt
platform because it’s working on mt
:
platform on
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one hour and one hour time frame proved
:
to be the best time frame for me
:
so let’s go ahead and i’ll show you will
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have this indicator you’ll find a um
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archive folder like this one a winrar
:
folder you’ll need winrar in order to
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unzip this
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folder and you will see it
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you’ll see a folder like this one
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i am forex trading indicator after you
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will unzip it this one yes so this is
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the rhi folder you’ll need winrar in
:
order to have this folder and after you
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will under have it you will have this
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folder like this one just click
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extract here and you will see this one
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here and all you have to do is to click
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on copy this indicator copy it and go to
:
your mt platform
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go to file then open data folder and you
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know the lesson then go to mql go to
:
indicators and paste that indicator
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folder here as you can see it i have it
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here so there is no point to
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do it again and then you just drag and
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drop the indicator as you can see here
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hello dll import but i already have it
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here on us dollar canadian dollar one
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hour time frame and how you can use this
:
indicator let me go ahead and i’ll put
:
pen
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this indicator is uh is unique
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and what you need to know about this
:
indicator and how you will take
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advantage of this system
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for maximum profit, you can apply it on
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forex crypto options stocks and indices
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and
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guess what you can apply to meta like
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gold so sd silver and
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this will work also
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so anyone can use the system for maximum
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profit now we can see
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the level here it’s called a proven
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resistance
:
right so uh what you’ll do in order to
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use properly this indicator as you can
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see here we have the in this scenario we
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have this
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verified support so here you will see
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these are the signal by the way this is
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by signal and this is cell signal as you
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can see when these uh when the when the
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chart reached this untested resistance
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it’s starting to go down and we have
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this
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we have this signal here and now from
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the moment to another because the chart
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reached the verified support we are
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waiting for an up and up signal so when
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you will see
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the white circle appears here on the next
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candle you will execute a buy order and
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you expect to reach the
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verified resistance here for sure it
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will reach
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this one let me go ahead and let me zoom
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it out a little bit and we have the
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first verifier resistance is with count
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one so it’s uh it’s verified once and we
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have the verified support here and the
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verify support resistance here so when
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when you reach this verified support
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here then you will place an up trade for
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sure here as i said but we have to wait
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this
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cell signal
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so let’s have a look here on euro usd
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chart one hour chart on our time frame
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chart and
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here i applied also the template you
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will have also a template
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with this indicator which is coming with
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this indicator and as you can see here
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let me put a pen
:
here we have a better
:
view of this indicator and what what the
:
skin indicator will really do and as you
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can see let’s take this example here on
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cell this is the signal and we have the
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untested resistance here it reached the
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untested resistance and starting to go
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down so here on the second candle you
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could place a down trade with the take
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profit level here and take profit level
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over here
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and another take profit level here and
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now we are expecting
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when we’ll reach the proven support
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resistance here the proven support which
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that means um
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the
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difference between proven support and
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verify support which means verify support
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it was verified once
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here and we have an up signal here
:
and we are expecting to see an up signal
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like this one somewhere here on the
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proven support if we will reach here and
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it will touch the proven support you
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know this the chart will touch
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the problem support then
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we expect to see a signal like this one
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a
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white circle and we will place an up
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trade on the second candle so this how
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this indicator works is very very simple
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to use
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don’t
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look at this
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indicator cl at this
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signals here
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there is no relevance you only have to
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verify with
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support and the resistance
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level yes just look when it will reach
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the verified resistance and also hear
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the proven and verified resistance it
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will reach and it will cut the proven
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support and it will go until verified
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for sure when reach here on verified
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support it will go up and it’s time to
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place an up signal so for me i told you
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it proves to work the best on one hour
:
time frame so this i recommend to you
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remember you will find this
:
below this video in the description area
:
you will find this indicator in order to
:
if you want to use it go ahead download
:
it and use it for your
:
benefit so that was the video for today
:
if you like the video give me a like and
:
also if you are new to my channel don’t
:
forget to subscribe and hit the
:
notification bell in this way you’ll be
:
notified every time i’m uploading a
:
video like this one
:
and also share this video to your
:
friends
:
so i’ll see you in the next video have a
:
great day bye
