Gives arrows to buy and sell. Works on all pairs.
Although risk management is one of the more straightforward topics to grasp, it seems to be the hardest to follow for most traders. Too often we have seen traders turn winning positions into losing positions and robust strategies result in losses instead of profits. Regardless of how intelligent and knowledgeable traders may be about the markets, their psychology-will cause them to lose money.
MACD Bollinger Bands is the right choice for use as a companion for your business. The indicator has a full function so that all the demands of your business tasks can be found on this Indicator. Installation MACD Bollinger Bands is simple enough You can download Indicator at this web page and then perform the installation to your MT4.
MACD Bollinger Bands strong signals
Traders should look to establish a risk-reward ratio for every trade they place. In other words, they should have an idea of how much they are willing to lose, and how much they are looking to gain. Generally, the risk-reward ratio should be at least 1:2, if not more. Having a solid risk-reward ratio can prevent traders from entering positions that ultimately are not worth the risk.
Traders should also employ stop-loss orders as a way of specifying the maximum loss they are willing to accept. By using stop-loss orders, traders can avoid the common predicament of being in a scenario where they have many winning trades but a single loss large enough to eliminate any trace of profitability in the account. Trailing stops to lock in profits are particularly useful. A good habit of more
successful traders is to employ the rule of moving your stop to break even as soon as your position has profited by the same amount that you initially risked through the stop order. At the same time, some traders may also choose to close a portion of their position.