Here’s a custom indicator for you to add to your trading arsenal. The entry, take profits and stop loss will appear on screen clearly for you to see, so all you need to do is follow along.
BUY | SELL
When a +BB or -BB appears on screen it, it is a potential setup for a buy or sell respectively.
When the indicator indicates LONG or SHORT on screen, you may set up your entry, SL, TP1, and TP2.
Once price moves past Take Profit 1, shift SL to BE/Entry.
BUY CRITERIA:
Make sure the moving average is BELOW the current price, during the retest of the breaker block
SELL CRITERIA:
Make sure the moving average is ABOVE the current price, during the retest of the breaker block
RISKY TRADE
If an X mark appears at the chart, consider derisk or canceling the current position as it is a risky trade.
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