Trend Indicator "Borders": Profitable Trend Trading

Borders" trend indicator allows you to track trend changes in time and open trades in the direction of the current trend.

Graphically, the Boundaries indicator looks like a combination of white and brown bars plotted on top of the currency pair chart.

Opening of buy trades

• There should be a steady upward trend;
• The indicator bars have completely changed color from brown to white, after which a long trade is opened;
• Stop loss is placed below the previous low
• The position is closed when brown bars begin to appear above the white bars.

Opening of trades for sale

• There should be a steady downtrend;
• The indicator bars have completely changed color from white to brown, after which a short trade is opened;
• Stop loss is placed above the previous high;
• The position is closed when white bars begin to appear above the brown bars.

Note that boundary indicator is a trend indicator, so its use during a flat period will give many false signals. The indicator "Borders" is not an accurate source of trading signals, but helps the trader to determine the entry points, as well as the stop-loss level and the moment of profit taking.

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