Gold Sniper indicator is a master indicators that was originally designed to trade in gold. However, it can be used on other asset classes or currencies such as US30 NASDAQ. This article examines MT4’s features and benefits.
- Pairs supportedTrading in primary GOLD, and secondary trading on US30 or Nasdaq.
- The optimal timeframe:
- Trading SessionDifferentiated by color. Blue for European sessions, Yellow for US sessions and Purple to indicate the overlap.
Gold Sniper Master indicator’s adaptability to different trading sessions makes it one of the strongest indicators. It optimizes the function of its indicator by using session-specific strategy, because it knows that the market is always evolving and never static.
- Blue What is the symbol for the European session?
- Yellow The US session is a good indication
- Purple The intersection of European and US Sessions
The Gold Sniper Master Indicator has its best performance during the US session and especially when Purple or Yellow sessions are overlapped. This usually occurs between 8 AM and 4 PM New York Time.
Gold Sniper Master System gives you trading signals Use it as isOr You can also analyze your charts using the additional chart. This is a highly recommended product.
Gold Sniper Master Trading System is compatible with any Forex It can be used for currency pairs as well other assets such as commodities, stocks, cryptos and precious metals. It can also be used for oil, gas, and other assets. You can use the app at any time. The M5, M15, M30 and M30 are the best routes to use it.
Trading Rules For Gold Sniper Indicate
Remember to tighten stop losses when using the Gold Sniper Indicator.
For good results, it is important to manage your money properly. To be a profitable trader, it is important to master emotions, psychology and discipline. You need to know the right time to trade and when you should avoid trading. Avoid trading in unfavorable conditions such as low volatility/volume or outside major sessions. Avoid trading exotic currency pairs or wider spreads.
To maximize the Gold Sniper Master indicator’s benefits, follow these trading rules:
- Timing Limit your trading to European ( Blue Zone ) and American sessions (yellow zones).
- Entry ZonesMake deals only from the Oversold Area to Buy Blue line Overbought zone to sell (dotted RedLine sets)
- Confirmation :
- When is a good time to buy a? PurpleA confirms the arrow YellowDot
- When is a good time to buy a? BlueThe arrow indicates that the arrow is pointing in the direction of the arrow. BlueBuy with a dot confirmation.
Please read the following:
- Do not open a trade until both Arrow and Dot symbols appear.
- When prices are sold out or overbought, ideal entries can be made.
- Set the Take Profit and Stop Loss.
- You can also use other indicators to confirm the confirmation.
- To reduce risk, trade by following the trend.
The conclusion of the article is:
Gold Sniper Master Indicator can be a good choice for traders looking for an efficient, simple and reliable trading system. This indicator is not only for gold trading. It is also useful for trading other asset classes. The Gold Sniper Master is an excellent tool for both new and experienced traders.