All In One Mirror Indicator

All In One Mirror Indicator

All In One Mirror Indicator For MT4 provides the forex traders with an option to use four classic MetaTrader indicators to trade the signals in confluence.

The All In One Mirror indicator for MT4 helps forex traders to get trading signals by using 4 different indicators. It provides the option to use MACD, RSI, CCI and Stochastic indicators and filter them using a signal line. Additionally, it provides multiple alerts upon a trading signal. So, traders can use a single indicator to derive trading signals from multiple indicators and trade in confluence.

The indicator is simple and easy to use for new and advanced forex traders. Moreover, it helps forex traders across the spectrum to trade the markets. Additionally, traders can use this indicator to formulate auto trading strategies.

All In One Mirror Indicator For MT4 Trading Signals

The indicator plots the red, yellow and blue lines with a Zero line in a separate indicator window. Traders should consider placing the trades based on the Red and yellow lines. The blue one mirrors the red line. The best trading strategy is to enter the markets upon the bullish or bearish crossover of the red and yellow lines.

If the upward crossover of the red line over the yellow one happens above the Zero line, it indicates a bullish signal. So, traders should enter the markets with a BUY trade. And place a protective stop loss below the previous swing low. Additionally, the best strategy to book profit is to wait for an opposite trading signal or with a good Risk-Reward ratio.

A similar trading strategy can be followed if the downward crossover of the red and yellow line happens below the Zero line.

Conclusion
In summary, the All in one mirror indicator for MT4 provides forex trading signals with an option to choose four different MetaTrader indicators.