In this post I will be reviewing the Big Three Indicator which is a combination of technical indicators and trader’s dashboard to be used on the free to download and widely available MetaTrader 4 trading platform. Most of the best forex brokers worldwide provide the MT4 platform and will allow you to open a demo account to practice trading with manual forex trading systems such as the Big Three Indicator. The Big Three Indicator developer has a number of different forex products available with this being one of the most popular ones. It is very easy to use and thus suitable for beginner and advanced traders. It is easy to use once you understand how it works and can interpret the signals that it generates. However, it does require some initiative from the user.
What is the Big Three Indicator Trading System?
The Big Three Indicator is based on analysing the trend direction on multiple time frames to generate colour coded signals and alerts for the manual forex trader to consider placing a trade. It is a very versatile trading strategy but not the easiest you will come across. It does take some practice to get the hang of it, but when you do then it can be a good way to help filter your trade ideas.
You can run the Big Three Indicator on multiple charts and multiple time frames to give you signals when it finds suitable trading opportunities. You can then decide if you wish to take the signals it generates which are clearly colour coded or wait until the next signal.
You may also add your own technical, fundamental or price action analysis to compliment the Big Three Indicator. I would personally want to confirm every signal before entering the market. You will often find that manual trading strategies can generate lots of false signals. Therefore, it is important to do your own chart analysis to filter trades accordingly.
The success rate of trading with the Big Three Indicator can depend on the money management used and traders’ discipline. I would personally use a positive risk to reward ratio so that the winning trades outweigh the losing trades. Nothing can be more frustrating than having one bad trade wipe out a long run of consecutive winners.
I would also use the major currency pairs as the Big Three Indicator is a trend-based strategy and the major pairs such as the EURUSD & GBPUSD tend to have plenty of liquidity for some good market movements. That being said, you can use this forex indicator on any financial instrument, including currency pairs, stocks, commodities, indices and cryptos.
I would also use an ECN forex broker for best price execution speeds, low spreads and low commissions. IC Markets are my top choice of forex broker for manual and automated trading strategies. This is because I find them to have tight spreads, low commission fees and plenty of liquidity which means that you can get your trades executed at some of the best forex market prices at all times. From my experience, they also provide excellent 24/7 customer support and have a good variety of convenient account funding options for you to choose from.
How does the Big Three Indicator work?
The Big Three Indicator has been developed to run in the MT4 platform. It comes as a trading template along with built-in indicators that you can apply to your chosen chart symbols and timeframes. It will then present possible trade signals directly on your charts. You can use the default settings or adjust them according to your own needs. I would certainly practice on a forex demo account to begin with and only use this manual forex strategy as supplementary indicators to my own market analysis.
Big Three Indicator Summary
Overall, the Big Three Indicator is a decent manual forex trading system in my opinion which is very flexible and can be used around your schedule on any currency pair or time frame. It is very easy to use and has a clean look to it, especially with the dashboard that is included.
However, I do think it takes quite a lot of practice to get used to how to use it. You will also need to have a solid money management strategy in place in order to get ther most out of this forex indicator. I would not say it is a st and forget type solution where you blindly take all of the possible trading signals that it generates. I would want to do my own market analysis to confirm every signal.
The Big Three Indicator comes with detailed instructions, plenty of trading examples, multiple bonuses, full support and a money back guarantee.
If you are interested in downloading the Big Three Indicator, you could always start on a demo trading account to begin with. This could be a great way to familiarise yourself with how to trade with the Big Three Indicator and get the most out of it. You can get a free demo trading account from most forex brokers. Once you have built some confidence and have some success, you may then consider switching over to a real live account.
If you find that it is working well, you could always implement it within your own trading strategy to help you achieve your individual trading goals or even use it as a standalone forex system. There are many ways in which the Big Three Indicator can be used, so it is important to try and see if it can work for you before making any commitment.
Overall, this is a basic forex strategy, and I do not think it is much different from a trading strategy template that you could build yourself in the MetaTrader platform by simply using the default technical indicators and drawing objects that are included within the platform free of charge. If you want to learn more and get the Big Three Indicator download you can visit the website by using the link below.
Big Three Indicator
$99
Pros
- Versatile Trading System
- Multiple Currency Pairs
- Multiple Timeframes
- Manual Forex Trading System
- Signal Alerts
- Easy To Use
- Detailed Instructions
- Full Support
- Money Back Guarantee
- Traders Dashboard
Cons
- Requires Some User Initiative
- Takes Time To Learn How To Use
- MetaTrader 4 Only
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
