Elaborate review of Forex Pips Magnet Indicator by Shahvez K. Learn whether this unique indicator will make you money.
Product: Forex Pips Magnet Indicator
Product Type: Indicator (MT4)
Time Frame: M15 and M60
Best Pairs: Major Crosses, Gold and commodities
Price: USD 67.00
Author: Shahvez K.
Official Site: CLICK HERE (opens in new tab)
Trial: 60 Days money back guarantee
Demo Forward Test results: We tested trade signals on M15 and M60(H1) time frames. the signals on M15 had 64% accuracy while the signals on H1 had 78% accuracy. The signals did not repaint on either timeframe.
Recommended Broker (International Traders) XM.com
Recommended Broker (USA Traders) FXChoice
BONUS: Price Prediction Strategy Video “Get It..
The package of Forex Pips Magnet Indicator has two files in the Zip folder
- Forex Pips Magnet Indicator .ex4
- Forex Pips Magnet indicator .exe
- Forex Pips Magnet Indicator User Manual . pdf
The user guide has instruction on how to install Forex Pips Magnet Indicator and how to set up trades on charts.
The indicator is built on a trend following strategy. whereas it’s recommended to use ither the 15 minutes or one hour time frame. I strongly recommend that you only trade on H1 time frame. Longer time frames in trend following strategies are appropriate to help eliminate false trends and random spikes on charts.
How to Enter and Exit Trades with Forex Pips Magnet Indicator
BUY: When Green Colour Arrow is showing upward trend with pop up alert
SELL: when Red Colour Arrow is showing downward direction with Popup alert.
Stoploss: 20 pips
take profit: 10 to 50 pips..
we recommend using a trailing stop with minimum target pips of 10.
This indicator is a solution to traders who want to grow their capital. I.e. If your account is between $100 and $1,500. This is the kind of indicator to go for. for traders with accounts of over $5,000 we recommend indicators that use H4 and D1 time frames.