Forex Grail Indicator is based on neural networks. The indicator is intended primarily for forex trading but recommended- m30 and H4 candle timeframe. The Forex Grail Indicator does not repaint.
Forex Pairs : EUR/USD,GBP/USD,USD/CHF,AUD/USD,USD/JPY,EUR/JPY,USD/CAD,EUR/GBP etc.
Characteristics of Forex Grail Indicator
1. Platform – Metatrader4
2. Asset -Any Currency Pair.
3. Candle Timeframe – M30 and H4
4. Expiry Time – M30 for 1-2h and 4H for 5-8H.
5. Trading Time – Around the clock.
6. Be Alert Don’t trade on Medium Impact and High Impact news release time.
Scalping makes it easy:
Many traders who love scalping are part-time traders. These are the people who are doing a full-time day job.
And their trading is a sort of multi-tasking process. So a trader is actually doing a lot of things together. and yet this method lets him make small portions of money. And when done a lot of times, it is easier for him to take home big profits. Now since these trades are done on shorter timeframes, 30M seems apt.
How to work this Forex grail M30 indicator:
Now there are several ways to trade the M30 by scalping. And this Forex indicator m30 is quite suitable for it. There is an advantage to using this indicator. That is you can use it on any currency pair. It uniformly fetches you profit on any of them.
There is an optimum way to trade using this Forex Grail indicator. And this for small time intervals
• So what you do is first set time frame to m30.
• Next, you decide how much you want to trade. So Take Profit setting should be set. Ideally, 30 should be good for a small trade.
• Stop loss is important obviously. So you need to set it at 45 pips. However, there is no fixed setting here. It all depends on much profit you expect. Therefore you can set other values according to your needs. But for higher time frames, larger values are necessary. That way you may make more profits.
• Then you need to keep your eye on the screen.