Forex trading, a realm of currency trading, is a market that thrives on the correct strategies. One such tool that aids in successful trading is the Funding Devil Indicator. This unique tool has been designed and developed by traders for traders, setting it apart from the commonplace combinations of existing indicators.
Understanding the Funding Devil Indicator
The Funding Devil Indicator is a solution for both beginners and experienced traders who are often misled by mainstream concepts. It is designed to address the issue that leads to 90% of retail traders failing to make a living out of trading. This tool does not promise to catch every market move from start to end, as that is not the strategy of successful traders.
Strategy of Successful Traders
Successful traders focus on โfollowing the smart moneyโ. They aim to catch the large moves after a confirmed start, backed by good money management. They avoid choppy, low momentum phases in smaller timeframes and wait for the right signal to enter and re-enter the large moves. This strategy is suitable for different trading styles, including swing trading and scalping.
The Potential of Funding Devil Indicator
Once traders understand the potential of the Funding Devil Indicator, including its confirmed re-entries and exit strategies, they will realize that it is far from the mainstream concepts. Profitable trading is an art that requires knowledge and training. There is no magic tool that can solve every situation on every market. However, by moving away from mainstream thinking and getting rid of illusions about getting rich quickly, traders can use this tool to become more consistent and successful.
Customer Feedback
One customer, SpeedBug, took time to get used to the Funding Devil Indicator but saw a lot of potential in it. He said, โI honestly havenโt seen something like this in 14 years! It is worth $500 !!!โ.
Discipline in Trading
Successful trading requires discipline and strong decisions, not a โgambling attitudeโ. The Funding Devil Indicator helps traders make these strong decisions and follow the market makers.
Testing the Funding Devil Indicator
A demo version of the Funding Devil Indicator is available for backtesting on a strategy tester. Although backtesting is not always indicative of future profits, it is still a helpful tool to get a feel for the product. The Funding Devil Indicator is available for rent for a full month at less than $3 a day, offering everyone the chance to test it out and see if it works for them.
FAQs
1. What time frame should we use?
This indicator can be used with H1 or M15 time frames.
2. How to use this indicator?
Download the file, unzip it, and then open your Meta Trader application. Go to โOpen Data Folderโ, click โMQLโ folder > Indicator, and copy the โFunding Devil.ex4โ file from your download folder to the indicator folder. Restart your Meta Trader application, and Funding Devil will show in your โNAVIGATORโ. Open any Pair chart and drag the Funding Devil to that chart.
Independent testing of the Funding Devil Indicator is available on the forexroboteasy.com website, and users can also subscribe to updates on the results of testing this product. We invite all users to share their experience of using this product. This is an independent product review, and we encourage all potential users to do their own research before making a purchase decision.
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