Vulkan Forex System Indicator System Overview::
- Indicator Name: Vulkan Forex System Indicator
- Platform: MetaTrader 4 (MT4)
- Purpose: Trend reversal trading system
- Components: Vulkan Profit Indicator, 100 Pips Trend Indicator, ADX, Binary Viper, and TMA Indicator with distances
Key Features
- Vulkan Profit Indicator:
- Generates primary signals (upward or downward arrows) for trade entries.
- Acts as the core indicator for trade decisions.
- Confirmation Indicators:
- 100 Pips Trend Indicator:
- Provides additional confirmation for buy or sell signals.
- Two buy arrows confirm long trades; two sell arrows confirm short trades.
- ADX (Average Directional Index):
- Used alongside 100 Pips Trend Indicator.
- Green/dodger blue bars confirm buy signals; red/dark orange bars confirm sell signals.
- 100 Pips Trend Indicator:
- Optional Conditions:
- TMA Bands Interaction:
- Price must touch or break the TMA (Triangular Moving Average) bands.
- Lower band for buy signals; upper band for sell signals.
- Binary Viper Indicator:
- Arrow direction (upward for buy, downward for sell) must align with other indicators.
- TMA Bands Interaction:
Trading Strategy
Buy Entry
- Long Trade Conditions:
- Vulkan Profit indicator displays an upward arrow.
- Confirm with either:
- Two buy arrows from 100 Pips Trend Indicator and one ADX green/dodger blue bar.
- Two ADX green/dodger blue bars and one buy arrow from 100 Pips Trend Indicator.
- Optional but recommended:
- Price touches or breaks the TMA lower band.
- Binary Viper indicator shows an upward arrow.
Sell Entry
- Short Trade Conditions:
- Vulkan Profit indicator displays a downward arrow.
- Confirm with either:
- Two sell arrows from 100 Pips Trend Indicator and one ADX red/dark orange bar.
- Two ADX red/dark orange bars and one sell arrow from 100 Pips Trend Indicator.
- Optional but recommended:
- Price touches or breaks the TMA upper band.
- Binary Viper indicator shows a downward arrow.
Practical Considerations
- Minimum Deposit: Vulkan Forex System Indicator can be used with various account sizes, but it’s advisable to have sufficient capital for risk management.
- Timeframe: The system works well on the M1 (1-minute) timeframe.
- Currency Pair: Recommended for XAUUSD (Gold/US Dollar) trading.
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