Supreme Diamond Indicator V1.10 MT4 NoDLL

Overview

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

• Minimum Deposit: No specific minimum deposit required.
• Time Frame: Recommended for any time frame.
• Currency Pairs: Works on all currency pairs, stocks, and commodities.

Features

• Multi-Timeframe: The indicator analyzes multiple timeframes, enhancing its accuracy.
• Non-Repainting: Signals do not repaint or back-paint, ensuring reliability.
• Two Signal Modes:
  • Diamond Mode: Provides the best possible entry signals.
  • Normal Mode: Activates Bollinger Band strategy for additional confirmation.

Trading Strategy

1. Signal Generation: When the indicator generates a signal, consider it as a potential trade opportunity.
2. Stop Loss (SL): Set your stop loss at the previous low (for sell trades) or previous high (for buy trades).
3. Take Profit (TP): Aim for a minimum 1-to-1 risk-reward ratio (RRR).

Recommended Approach

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

Example Trade

1. Signal: The Supreme Diamond Indicator shows a buy signal.
2. SL: Set the stop loss at the previous low.
3. TP: Target a 1-to-1 RRR.

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