Undefeated Triangle MT4-breakout forex meaning


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Undefeated Triangle MT4

The Undefeated Triangle MT4 is a versatile and easy-to-use technical analysis tool that can help you make better-informed trading decisions.

Description forex Undefeated Triangle MT4

The Undefeated Triangle MT4 is a powerful and accurate forex trading system that can be used by both beginners and experienced traders. The system is based on Fibonacci ratios and price action, which makes it easy to use and understand. The system comes with clear instructions on how to set up and use it, so you can start trading right away.

Review forex Undefeated Triangle MT4

Review forex Undefeated Triangle MT4

If you are looking for a new trading system to try out, you may want to consider the forex Undefeated Triangle MT4. This system is designed to trade the EUR/USD currency pair on the 4-hour timeframe.

The system uses a simple yet effective trend following strategy. ItBuy and holds a position as long as the price remains above or below a certain moving average, depending on the direction of the trend. The moving average used is a 21-period exponential moving average (EMA).

The stop-loss is placed at a distance of 21 pips from the entry price, and the take-profit is set at double that amount. This means that if the trade is successful, it will result in a profit of 42 pips.

In order to use this system, you will need to have access to the MetaTrader 4 (MT4) platform. This platform is available for free from most online brokers. Once you have installed MT4 on your computer, you can then download and install the Undefeated Triangle EA onto your MT4 platform.

Once everything is setup and running, you will then need to configure the EA settings according to your own personal preferences. I would recommend starting with a risk setting of 1% or 2% of your account balance per trade.

All in all, the forex Undefeated Triangle MT4 system is a very easy system to trade. It

Trading results with Undefeated Triangle MT4

The average win rate for the Undefeated Triangle MT4 is over 80%. That means that for every 10 trades you take, you can expect to win 8 of them. And because the average profit is larger than the average loss, you can expect to make a profit even if your win rate is only 50%.

Of course, no trading system is perfect, and there will be losing trades. But with the Undefeated Triangle MT4, you can feel confident that you have an edge in the market. And over time, that edge will compound into consistent profits.

Free Download Undefeated Triangle MT4

If you are looking for a free download of the Undefeated Triangle MT4, you can find it here. This indicator is designed to help you identify potential reversals in the market and take advantage of them.

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