Description
The Looksrare AF STAR Indicator is essentially a buy/sell arrows indicator. It could be a good supplement to your trading system and confirmation of trade entry points and exit points. You can use that gauge as a short-term swing levels recognizer. Further testing of that forex indicator proved that it may slightly repaint past bars, but not much, just like a 1 or 2 candles difference.
The Looksrare AF STAR Indicator fits all kinds of timeframes and currency pairs. It is displayed directly on the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
The Looksrare AF STAR Forex trading system is a relatively ok trading system. The charts might look a bit cluttered, but you can get rid of the additional information. Professional traders who are already aware of the economic calendar for the week ahead can get rid of the Forexfactory news indicator. This helps to declutter your charts slightly so that you can focus on the price action.
The template that comes with the Looksrare AF STAR Forex trading system is relatively light weight due to the fact that it uses only four indicators. Therefore, you can use this template to monitor multiple charts with relative ease without having to worry about the Looksrare AF STAR Forex trading system template to slow down the performance of your MT4 terminal.
Trading using the Looksrare AF STAR Forex trading system is done on the short term charts. It is dynamic and fast paced. Therefore, in order to be successful in trading with the Looksrare AF STAR Forex trading system, you will need to constantly monitor your trades.
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