GFK Forex Indicator

GFK Forex Indicator

One more uncomplicated forex indicator called GFK Forex Indicator. Can be successfully used on any currency pairs and time frames. GFK Forex Indicator is well suited for scalping on the M5 and for intraday trading on M30 and higher.

Characteristics of GFK Forex Indicator
Platform: Metatrader4
Currency pairs: Any
Trading Time: Around the clock
Timeframe: Any
Recommended broker: RoboForex, InstaForex, Forex4you
Open a Buy position when there was a corresponding sound signal, green circle while GFK Forex Indicator became green. Exit the appearance of the opposite signal (Sell Signal):

gfk-forex-buy

Open a Sell position when there was a corresponding sound signal, red circle while GFK Forex Indicator became red. Exit when appeared opposite signal (Buy Signal):

gfk-forex-sell

Developers of GFK Forex Indicator argue that it can be used in trade alone, but I still recommend to add to this indicator, additional filters.