The Pips-Beantrapper is a combination of signals from two Meta Trader indicators. The indicators are Stochastic Oscillator and Awesome Oscillator.
The above indicators signal are combined with the position of the currency pair candle bar to the 5 Linear Weighted Moving Average.
The image below shows the conditions to be met before a buy or sell trade is placed on a 1 hr chart for any currency pair. It works best on higher time frames (4hr, daily, weekly or monthly).
https://www.beanfxtrader.com/pips-be...per-indicator/
The above indicators signal are combined with the position of the currency pair candle bar to the 5 Linear Weighted Moving Average.
The image below shows the conditions to be met before a buy or sell trade is placed on a 1 hr chart for any currency pair. It works best on higher time frames (4hr, daily, weekly or monthly).
https://www.beanfxtrader.com/pips-be...per-indicator/