This indicator comes in various setups to cater to the different trader’s wants. The setups are mainly four in number. Although the trader downloads all the setups, they should ensure that they choose the correct one since they all are used differently and require different installation or attachments to the MT4 platform. All the four forex indicator setups have a similar algorithm, with differences being the brokers for which to use and how to attach the indicators. However, for most forex brokers like XM and Ic Market, the trader can load all the indicators on the mt4 platform and use them all in combination.
As seen from the forex chart above, all the setups work similarly. But there is a bit of difference between the Buysell(s) and the Buysell code(s). the buysell4code gives its signal one candle before the indicator Buysell4. The same thing happens with the indicator Buysell5code and the Buysell5.
The Ultimate buy sells secret algorithm is based on a mix of four custom indicators together with several forex price action filters that are incorporated. This makes it noise-free, thus making it very efficient in its signals.
Features of the Ultimate buy sell secret forex indicator.
We shall look at the indicator Buysell4 in this article. But its working is the same as the others, and if you know how to use it, you can use the all rest as well.
The forex indicator is responsible for forming blue and red arrows in the main trading chart. However, the indicator itself is displayed in a separate chart below the main trading chart. There is some information about the take profit level, stop loss, sizes of the arrow, condition of the alerts, and trend displayed on the top left corner of the leading trading chart. There is a line that is drawn in the forex indicator’s chart. This line is drawn according to the forex market swings. It follows the trend of the market.
Fig.1. Chart showing the features of the forex Ultimate buy sell secret forex indicator.
The color of the indicator line changes according to the main trend of the market prices between blue and yellow colors. If the market is downtrend, the line will be yellow, and if the market is blue, the line will be blue.
For the buysell4, there are red and blue arrows displayed when the color of the indicator line changes from blue to yellow color and yellow to blue, respectively. However, this is not the case with all the other chart setups of this indicator.
The trading signals of the forex Ultimate buy sell secret indicator are given when the color of the indicator line changes. At this time, the indicator arrows are also formed. When the color of the indicator line changes from blue color to yellow, and a red arrow is formed, that is a sell indicator. On the other hand, if the line’s color changes from yellow to blue and a blue arrow is created, there is a buy entry signal.
How to use the Forex Ultimate buy sell secret indicator to trade
Placing a sell: the forex trader should place a sell when the line’s color in the indicators chart changes from blue color to yellow, and a red arrow appears. You should also place stop loss(SL) and take profit as shown in the top left corner of the leading trading chart. However, if the stops(SL) are not activated, the open order should be closed if the line’s color changes from yellow color to blue.
Placing a buy: the forex trader should place a buy entry when the line’s color in the indicators chart changes from yellow color to blue, and a blue color arrow appears. You should also place stop loss(SL) and take profit as shown in the top left corner of the leading trading chart. However, if the stops(SL) are not activated, the open order should be closed if the line’s color changes from blue to yellow.
Example of how to place orders.
Ultimate Buy Sell Secret Forex Indicator Free Download