Forex Goiler Indicator: Ladder of Signals by Gann Numbers
Forex Goiler indicator works on the principle of Gann analysis, and gives only one signal per day on the selected pair. Forex Goiler indicator showed itself well in scalping, on the 5 and 15-minute time intervals, as well as on the daily.
The signals are drawn at the opening of a new candle. The system involves Gann numbers (90, 180, 270, 360), and it is by these numbers that the ladder is built with all the signals, including stop-loss and take-profit.
Forex Goiler indicator interface
- Forex Goiler – информер в нижнем углу
- White Level - the first entry point is formed (at the maximum or minimum of the candle body, depending on the trend)
- Orange Level - opening a second order in the same direction (this is exactly what I don't like about this system), i.e. if correction We continue to increase our position, which is called averaging.
- Green Level - Here you can take your profit (takeprofit)
- Also, the indicator shows us that takeprofit can be higher/lower and indicates this blue level.
- Red level - set the stoploss.
Principle of trading with the Forex Goiler indicator
When a new candle opens, all the signals appear. We look at the green line, if it is higher than the white line, we put a pending buy order, takeprofit should be put on the green line or on the blue line, stoploss is put on the red line, the orange line is needed to open a new order in the same direction. Therefore it is possible to put at once two pending buy orders (as the green line is higher than the white).
You can also improve the system a little: place takeprofit immediately on the blue line, and when the green line is reached, put the order to breakeven. It is also possible to experiment when opening orders, for example, to open orders not on the white line, and one order on the orange line.
According to ForTrader.org experts, Forex Goiler indicator is best tried in scalping, on small time intervals. It can also be combined with other tools such as Fibonacci levels.
Download Forex Goiler Indicator
Hello. Help please install indicator FOREX GOILER I give out this entry in the archive is either an unknown format or corrupted. I can not install it, help me figure it out, maybe I have something I can not understand.