FX SNIPER PRO
FX SNIPER PRO
Forex Sniper Pro Trading Rules Summary
Buy Rules
1. Trend Indicators: Ensure that the Trend Indicator, Direction Indicator, and SR Indicator are all green. This indicates an upward price movement.
2. Master Oscillator: Monitor the ForexSniperPro Master Oscillator for a dip below the bottom blue “OVERSOLD” line.
3. Entry Signal: A Buy Entry Arrow will appear at the close of the bar when the above conditions are met, signaling a buy entry on the open of the next bar .
Sell Rules
1. Trend Indicators: Ensure that the Trend Indicator, Direction Indicator, and SR Indicator are all red. This indicates a downward price movement.
2. Master Oscillator: Monitor the ForexSniperPro Master Oscillator for a peak above the top blue “OVERBOUGHT” line.
3. Entry Signal: A Sell Entry Arrow will appear at the close of the bar when the above conditions are met, signaling a sell entry on the open of the next bar .
Additional Notes
- Indicator Definitions:
- Trend and Direction Indicators: Reveal the current price trend and direction.
- Master Oscillator A high-precision price oscillator used to identify overbought/oversold conditions.
- SR Levels: Indicates support and resistance levels, trend direction, and potential stop loss levels.
- Buy/Sell Arrows: Appear when the other four indicators align .
- System Theory: ForexSniperPro is designed to buy/sell at valleys/peaks within the predominant trend, providing a clear and concise entry point by using the system's complex algorithms to simplify the trading signals .
- Flexibility: The system allows for various parameter settings and can be used in conjunction with other indicators to determine different entry and exit setups, providing major flexibility for traders .