Sonic Blast Forex System – possible to profitably trade the repainting indicator
Characteristics of the Sonic Blast Forex System
Platform: Metatrader4
Currency pairs: Any
Trading Time: Any
Time Frame: M1 – WN
Recommended broker: Roboforex, XM, FBS
Trading rules by Sonic Blast Forex
This system consists of only one indicator (Sonic Blast V1.1), although it looks as if there are several of them. That is why I have placed this system in the “Indicators” category.
The indicator has an information dashboard that acts as an informant about the appearance of a signal.
The trading rules are very simple.
BUY – when a blue up arrow appeared:
sonic-blast-forex-buy-signal
SELL – when a red down arrow appeared:
sell-signal
Stop Loss – according to the traditional rule – slightly above/below the local price maximum/minimum. But you can use for this the so-called channel borders – lines of green/red squares. And set Stop Loss at their level.
Take Profit – based on the trading style, but not less than 2 * StopLoss.
One of the interesting features of the indicator is the ability to save a screenshot of the signal to the terminal folder:
save-screenshoots
If EnableSreenShot = true, then screenshots will be saved to the folder …Data Folder/MQL4/Files:
sonic-blast-screenshoots
To disable this feature and thereby save space on your PC, set EnableSreenShot = false.
This indicator is repainted, but do not rush to immediately send it to the trash. Very often, indicators with this ailment can be very profitable. It is important to learn how to use them, despite repainting. Therefore, be sure to practice on a demo account first.
And it seems to me that it can prove himself worthy in binary options trading. So, when following a false signal, we must open a deal with an increased volume using the Martingale method. But no more than 4 steps (based on this, correctly calculate your deposit). And this is where the Martingale calculator can help you.
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