Pound Solutions Information Indicator: a mini trading strategy
indicator Pound Solutions - is an informational indicator that gives recommendations on how to enter the market, taking into account the readings of the main technical indicators, money management rules, support and resistance levels.
On the price chart of the currency pair, the Pound Solutions indicator displays trading information about the pair, indicator readings, the level of profit and loss when opening a position with the recommended lot, Fibonacci levelsThe following are the levels of support and resistance, as well as the recommended levels for opening a position with stop-loss and take-profit levels.
According to ForTrader, Pound Solutions indicator can provide significant help in trading, if its signals are confirmed by other indicators. The disadvantage is the lack of possibility to change the text color, which makes it little recognizable on the light background of the price chart.
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