Forex Predictor V2 indicator


You can now download the Forex Predictor V2 indicator for free on AtoZ Markets indicators gallery. Forex Predictor V2 indicator draws six dynamic support and resistance lines in direction of an underlying trend to predict the most likely price correction and reversal points.

Forex Predictor v2 indicator drawn lines act in a similar way as would daily support and resistance levels. The indicator includes R3, R2, R1, Pivot line, S1, S2, and S3 dynamic levels.

Forex Predictor V2 indicator works well on 15M, 30M, 1H, and 4H time frames and any currency pair.

How to trade with Forex Predictor V2 indicator?

The MT4 indicator is relatively easy to trade with. When a price reached either R3 or R2 line, we could expect the price to reverse, and therefore a short position could be opened. While if the price reaches either S3 or S2, we could expect the market to enter a bullish correction.

Middle, neutral blue line should be used as taking profit for both long and short positions. Lastly, a position could possibly be held past the neutral take profit line if all the dynamic lines slope in the entered direction and the underlying trend confirms it.

Try the Forex Predictor V2 indicator with a reputable broker on a free account:

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How to download and install an indicator?

In order to install the indicator on your MT4 platform, you need to follow these steps:

  1. Click on “Download Indicator” button located at the bottom.
  2. Save the file to your computer.
  3. Extract and move the files into MT4>Indicator folder of the MetaTrader4 software file directory.
  4. Restart your Metatrader platform.
  5. Navigate to “Indicators.”
  6. And select “Forex Predictor V2 indicator” template to apply it on the chart.

Note: This indicator was developed by fxpredictor. AtoZ Markets does not carry any copyrights over this trading tool.

Should you use the Forex Predictor V2 indicator on your own at all?

Before you start trading with this indicator, you'll want to read this.

Our in-house trading expert Dr Yury Safronau, PhD in Economic Sciences, gives you daily his best stocks, forex and cryptocurrencies to buy and sell signals right now. And it's not just based on a simple singular backtested strategy.

His trading approach which is based on non-linear dynamic models has achieved more than 65 000 pips of profits since 2015. And right now there are some strong buy signals across several markets you definitely don't want to miss.

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