Description

Supreme Diamond Indicator V1.10 MT4 is a powerful tool designed specifically for MetaTrader 4 (MT4) traders. It combines reversal and trend trading strategies to provide accurate buy and sell signals. Here are the key details:

The indicator does not redraw or repaint and the signals are not delayed, the indicator gives buy and sell signals with alerts.

Minimum Deposit: No specific minimum deposit required.
Timeframe: Recommended for any timeframe.
Currency Pairs: For all currency pairs, stocks and commodities.

Features
Multiple Time Ranges: The indicator analyzes multiple time ranges to improve its accuracy.
No repainting: Signals are not repainted or back-painted, ensuring reliability.

Two signal modes:
Diamond Mode: Provides optimal entry signals.
Normal Mode: Activates the Bollinger Bands strategy for additional confirmation.

Trading Strategies
Signal Generation: When the indicator generates a signal, consider it as a potential trading opportunity.
Stop Loss (SL): Set your Stop Loss at the previous low (for sell trades) or previous high (for buy trades).
Take Profit (TP): Aim for a minimum 1 to 1 Risk-Reward Ratio (RRR).

Recommended Methods
Diamond Mode: We strongly recommend using Diamond Mode for optimal performance.
Alerts: Configure alerts to receive timely notifications.

Trading Examples
Signals: The highest Diamond indicator shows buy signals.
SL : Set Stop Loss at previous low.
TP : Target 1:1 RRR.