Grail Indic is best indicator for swing traders. It indicates swing highs and swing lows on the chart and possible reversal of price.
The Indicator can be applied to trade all kinds of forex currency pairs EUR/USD, GBP/USD, USD/CHF, AUD/USD, EUR/GBP, EUR/JPY and USD/CAD. It was designed for scalping and worked with any timeframe chart between M1 to D1 of your forex MT4 trading platform.
Grail Indic Indicator shows possible highs and lows of market price by plotting a stars with red circle symbols. If a start red circle appear above the price then it is Sell signal if star circle appears below the market then it is a Buy signal. This indicator also draw a trendline for stop levels.
GRAIL INDIC INDICATOR BUY
- If a a start with red circle appears below the price bar
- The automated trend line pointed from below to high ( upward direction )
- When above criteria met the place a buy order
- Set stop loss below the low of the respective signaling bar
- Exit long/take profit whenever a red circled star appears above the price bar
GRAIL INDIC INDICATOR SELL
- A red circled star appears above the price bar
- The automated trend line is direct to downwards
- Sell triggers when the above conditions are met
- Set stop loss above the high of the respective signaling bar
- Exit short/take profit whenever a red circled star appears below the price bar