There are different robots on the Forex market among which Stenoboy. Why it became so popular?
Stenoboy advisor provides relatively high profits, which in turn attracts a lot of traders. It works according to the following strategy: purchases are made in line with new highs on the chart, and selling – on new depressions that appear on the graphic image. This tactic allows you to get a good profit while punched support and resistance levels. However, not all as easy as it might seems at a first sight. The use of this Forex advisor requires precise calculations and deep.
This Forex advisor uses scalping tactics. Therefore, it will be a little difficult for beginners to understand this strategy. That is why this Forex advisor is good for more experienced traders.
There is also a view that the scalping involves quite a private entrance on the Forex market. But the Stenoboy advisor often not included in the market.
Installation of Stenoboy Advisor is not complicated, so you unlikely to have any problems in this regard. But if you have never experienced with the installation of such Forex program, it is better for you to read instruction and make everything step be step.
This trading strategy grounded on the basis of the process of identifying support and resistance lines. Also there is a professional money management, which provides the forex advisor. Experts recommend putting the risks of not more than 5% on a bargain trading.
Thus, the Stenoboy advisor is profitable software that allows you to work on scalping strategy, increase deposit. In any case, this EA is worth of attention and consideration.
Especially for those traders who do not have time to monitor the situation on several charts and intra-day trading, PinBar forex indicator was created. It greatly helps all traders.
How to start working with Forex Pin Bar?
- The first thing you need to do ─ is to download and install the indicator program on your computer
- Next, one should perform the installation indicator in the trading terminal. In this case Pin Bar operates in line with MetaTrader
- After that you need to open a graphic image with a certain measure of timeframe and indicator
Green arrows indicate the action of “bulls”, when the red arrows show the “bears.”
However, before you start working with this indicator it is necessary to understand the rules of operation. But the success of the transaction, to a large extent, depends on the trader.
Also, it should be noted that this indicator provides a fairly strong signals about the continuation or reversal of the trend.
After a certain signal will be a reversal of the process, you should close Pin Bar and enter the Forex market. It should be understood that the use of the Pin Bar indicator will not be able to bring trader 100% profit. Therefore it is necessary to approach the process of trading systematically, using different indicators and trading methods. In their calculations, the indicator uses only the level of the prices. Also, each trader can change certain parameters of the indicator due to the settings.
Uses the Pin Bar indicator help the trader to make a successful transaction.