Manual Trading with Indicators – Crystal Courses – Trading Strategies – May 28, 2024

adminMay 28, 2024

Course Crystal – https://www.mql5.com/en/market/product/117663?source=Site+Profile

A consultation on this indicator is due to be published on 1 June.

Course Crystal is an indicator that helps traders determine the direction of market trends. It uses a unique algorithm to analyze price movements and displays the results as colored areas on the chart. Blue represents a buying opportunity and red represents a selling opportunity.

Manual trading system:

Determining Trends: The Course Crystal indicator analyzes current and historical price data to determine the overall direction of the trend. When most data points to higher prices, the indicator turns blue. When the data shows a price decline, the indicator turns red.

Signal to open a trade: When the indicator changes color from red to blue, this may be a buy signal. If the indicator changes color from blue to red, it may be a sell signal.

Risk Management: To manage risk, it is important to always set a stop loss and take profit for each trade. It is recommended to set a stop loss at a level above (buy) or below (sell) the last high or low.

Liquidation trade: A trade is closed when the take profit or stop loss level is reached or the indicator changes color in the opposite direction.

Remember that no indicator is 100% accurate and it is always important to use indicators in conjunction with other technical analysis and risk management tools. Happy trading! 😊

Each trade is opened taking into account the second confirmation candle.