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Position Smart Indicator

Understanding the Position Smart Indicator

  • The Position Smart Indicator is a tool designed to detect high probability reversal patterns in the Forex market.
  • It focuses on identifying Double Tops and Bottoms, particularly those with fake breakouts, allowing traders to maximize their entry points.
  • This indicator operates seamlessly over various trading instruments and time frames, offering versatility to suit different trading styles.

    • How Does It Work?

  • This indicator scans up to 15 different instruments and analyzes 21 time frames automatically. Much like a diligent assistant, it checks for significant patterns even when you're busy 🙌.
  • For successful signals, the highest price of the right shoulder in a Double Top must exceed that of the left shoulder, while in a Double Bottom, the lowest price of the right leg must be lower than the left leg.
  • The manipulation of prices often creates panic among traders, leading to profitable reversals which the indicator is designed to capitalize on ⏳.

    • Features of the Position Smart Indicator

  • The indicator provides alerts through various channels such as MetaTrader 5, email, and push notifications, ensuring you never miss a potential opportunity!
  • It does not repaint, which means that once a signal is generated, it remains valid, providing more reliable trading conditions.
  • Setting it up requires minimal effort, as it only needs to be installed on a single chart to initiate scanning across multiple instruments and timeframes.

    • Why Use the Position Smart Indicator?

  • It enhances trading efficiency by identifying setups that would be easy to overlook when analyzing charts manually.
  • With a strategy focused on capturing moments of high volatility due to market manipulation, it equips traders with the tools necessary to react swiftly.
  • Many traders have reported a significant increase in their win rates, attributed to the timely signals provided by this indicator 🎉.

    • Conclusion on Its Effectiveness

  • By harnessing the principles of "smart money" manipulation, the Position Smart Indicator doesn't just identify market trends; it reveals the underlying dynamics that can lead to lucrative trades.
  • This tool is particularly effective for traders looking to integrate technology into their strategies without compromising on accuracy or responsiveness.

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    Release Date: 28/01/2023

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