The Forex Goiler System indicator for the Metatrader 4 platform is a complete Forex trading system that comes with the entry signal, stop loss level and two take profit levels.
The indicator prints all signals and levels in the lower right part of the MT4 chart.
The Forex Goiler system works very well in volatile currency markets and less during range-bound markets.
Yet, it’s worth trying it out. Overall, it’s a profitable Forex system indicator.
The indicator performs slightly better on the higher time frames (M30, H1, H4 and D1).
For day trading, use the Forex Goiler indicator in the more volatile London and American trading sessions.
Just load the Forex Goiler indicator onto the Metatrader 4 chart and start trading with it in minutes.
- Complete Forex trading system.
- Prints all signals on the chart.
- Comes with stop loss and 2 take profit.
- Easy to follow signals.
- Does not repaint.
Feel free to explore the Forex Goiler indicator’s different parameters and settings to create your own personalized indicator setup.
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Indicator Chart (EUR/USD M30 Chart Example)
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
Finding Buy and Sell Triggers With The Forex Goiler MT4 Indicator
Buy Signal: Open a buy trade order when Forex Goiler indicator signals a new buy trade opportunity in the lower right part of the chart.
Set your stop loss below support, or use your own favorite stop loss strategy.
Exit the buy trade at the recommended take profit levels, or use your own take profit strategy.
Sell Signal: Open a sell trade order when Forex Goiler indicator signals a new sell trade opportunity in the lower right part of the chart.
Set your stop loss above resistance, or use your own favorite stop loss strategy.
Exit the sell trade at the recommended take profit levels, or use your own take profit strategy.
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Signal period, SL pips, alerts, email, Colors, width, style.
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend signals
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.