Most of the time traders keep on searching for free MT4 Strategy. All of us want to have a good strategy or a combination of Indicator which can give good results. Trading in Stock and commodity market can be either Intraday or Positional strategy and traders always search for a strategy which can suit their trading behavior. But, it is not as simple as it sounds. There are more than 1,00,000 Indicators available on the internet. The Metaquotes is a company who provides the Metatrader. Metaquotes is also providing free Mt4 Indicators and Expert advisors free from there codebase platform.
Now I would like to tell you that, your search is going to end here because, in this blog, I am going to give you one more free MT4 Strategy or you can say that one more combination of Indicators. This will change your trading behavior and minimize your loss if you use it properly." But still, I will say the same thing that it is not as simple as it sounds because we need to search more and more and test many indicators to find which one is giving good results.
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Let's move further and understand the strategy properly. The strategy name is based on the Main Indicator of the Strategy called "BUY SELL FOREX SECRET". In this strategy we have included 5 Indicators:
Here, Buy Sell Forex Secret Indicator is also a custom moving average such as our previous strategy. Supply and demand is also a Common indicator to get an idea about the next bullish and bearish breakout levels. Support and Resistance levels also we have added to get a proper idea about the market price and to get the forecast movement of the particular stock. Market Price Indicator is to watch the like market price on the chart window. It makes watching the price easy because on the chart screen itself we can see the live movement or you can say the volatility of the Market. Now the final indicator the based on the KEJUN sen line of the Ichimoku Indicator. we have added it in the candle form, it makes us updated about the running trend of the Market.
Now let's understand how the strategy works and how you need to make a profitable trade from this strategy. Above is the chart of NIFTY M15 and we have applied the strategy and found two signals. One is for BUY and another one is a SELL rally with is running from the past three days.
One the Buy Signal we can see that the Supply and Demand Indicator is Indicating that there may be a selling pressure if the price does not break the level of 11141.70 and as we can see in the chart that price is unable to break that level. Now Comming to the Next SELL signal, as we already got a confirmation that selling pressure can come and then the Arrow indicator confirms us the Best Entry Level and we got a good return.
Hence, you can download and add this Strategy to your portfolio and check how it suits in your trading behavior.
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