Snake Kelter Indicator V2.94 for M4
Introduction: The Snake Kelter Indicator V2.94 is a cutting-edge trading tool designed for the Meta4 (MT4) platform. This indicator is renowned for its precision in identifying potential market trends and entry points, making it an invaluable resource for both novice and experienced traders. By leveraging advanced algorithms, the Snake Kelter Indicator provides traders with reliable signals that enhance their trading decisions.
Overview:
- Platform: Meta 4 (M4)
- Minimum Deposit: $100
- Time Frame: H1 (1 Hour)
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY, and AUD/USD
- Strategy Type: Scalper with elements of trend following
Strategy: The Snake Kelter Indicator V2.94 follows a scalping strategy combined with trend-following elements. This unique approach allows traders to capitalize on short-term price movements while staying aligned with the broader market trend. Here’s how the strategy works:
- Signal Generation: The indicator analyzes price movements and volatility to generate buy and sell signals. These signals are based on the crossing of specific moving averages and other technical indicators.
- Entry Points: When the indicator detects a potential upward trend, it generates a buy signal. Conversely, a sell signal is generated when a downward trend is identified.
- Exit Points: The indicator also provides clear exit signals to help traders close their positions at the optimal time, maximizing profit and minimizing risk.
- Risk Management: The Snake Kelter Indicator incorporates built-in risk management features, including stop-loss and take-profit levels, to ensure that trades are executed with minimal risk.
Details:
- Minimum Deposit:
- $100
- Time Frame:
- H1 (1 Hour)
- Currency Pairs:
- EUR/USD
- GBP/USD
- USD/JPY
- AUD/USD
- Lot Sizes:
- 0.01 to 1.00 (recommended depending on account balance and risk appetite)
- Trading Style:
- Scalping: The primary strategy is scalping, focusing on capturing small price movements over a short period.
- Trend Following: Additionally, the indicator aligns trades with the overall market trend to enhance the success rate of trades.
Features:
- High Precision Signals: The indicator’s advanced algorithms provide highly accurate buy and sell signals.
- User-Friendly Interface: Easy to use, even for beginners.
- Automated Trading: Compatible with automated trading systems for seamless execution.
- Comprehensive Support: Continuous updates and customer support to ensure optimal performance.
Contact Details:
- Telegram: Join our Telegram
- Download: Download from our website
- Contact: @fxcrackedadmin
Example Trade Setup:
- Identify the Trend: The indicator shows a strong upward trend on the EUR/USD pair.
- Entry Signal: A buy signal is generated when the price crosses above the moving average.
- Lot Size: Enter the trade with a lot size of 0.1.
- Risk Management: Set a stop-loss at the recent low and a take-profit at twice the stop-loss distance.
- Exit Signal: Close the trade when the indicator shows a sell signal or the take-profit level is reached.
Conclusion: The Snake Kelter Indicator V2.94 is a powerful tool that offers a blend of scalping and trend-following strategies, making it a versatile choice for MT4 traders. With its precision signals and built-in risk management, this indicator helps traders make informed decisions and achieve consistent profits.
Additional Resources
Instant Download : https://www.yoforex.org/product/snake-kelter-indicator-v2-94-mt4/
https://www.mql5.software/product/snake-kelter-indicator-v2-94-mt4/
https://www.forexfactory.cc/product/snake-kelter-indicator-v2-94-mt4/
https://yoforexea.com/index.php/product/snake-kelter-indicator-v2-94-mt4/
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