RP MT4 Trend Finder Indicator FREE Download RP MT4 Trend Finder Indicator FREE Download

The RP Trading System is a trend finding indicator that provides easy-to-use buy/sell signals . This setup is suitable for Swing Traders . This indicator is created only for the MT4 platform. It performs well on H4 and daily time frames. But you can even use it on any time frame.

The system is based on FXI and other indicators in order to make the method effective. This method uses a 4-hour or daily time frame and works best across all currency pairs.

The Trend Finder indicator system includes:

• FXI Trend Finder
• Market Strength
• Market Direction
• ATR(21)

This MT4 Trend Finder Can give you trading signals you can keep as is or add additional chart analysis as suggested to filter the signals further . While the system can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account until you become consistent and confident enough to go online.

You can set this FXI trend finding indicator to send you signal alerts. This is helpful because it means you don't have to stare at the chart all day long waiting for a signal to appear, and can monitor multiple charts at the same time.

Trend Finder Trading System can be used on any Forex currency pair and other assets such as Commodities, Cryptocurrencies, Binary Options, Stock Markets, Indices, etc. You can also use it within any time frame that works best for you, From 5 minute charts to daily charts. Works best within a 4 hour or daily time frame.

RP trading system rules

Buy or Call

Open a long position when all these conditions are met

• Upward arrow in Green's main chart.
• The market strength indicator is BLUE .
• Market direction shows both BLUE UP arrows.

Sell ​​or Put

Open a short position when all these conditions are met

• Red down arrow in main chart.
• The market strength indicator is RED .
• Market direction shows both RED DOWN arrows.

Exit Position

The stop loss value will be derived from the ATR(21) indicator.

• Stop Loss = 0.85 x ATR
• Use a take profit level equal to or 2 times the stop loss level. (The profit to stop loss ratio is approximately 2:1)
• Exit when the MStrength or MDirection indicator shows a reversal signal.

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