In this post I will be reviewing the Forex Laser Reversal Points Indicator for MetaTrader 4. This indicator forms part of a manual forex trading strategy that can be used by traders of all experience levels due to its simplicity. You just need to download the MT4 platform and open an MT4 trading account with an online forex broker of your choice.
With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs. I would usually opt for an ECN forex broker as I find they tend to have the most competitive trading conditions.
Forex Laser Reversal Points Indicator System
The Forex Laser Reversal Points Indicator uses an algorithm that combines Price Action and Market Timing strategies to bring you reversal signals on any currency pair and chart time frame. This can help the user to find potential trend reversals quickly and easily.
You may wish to use the indicators as it is or by including your own additional chart analysis. Once the Forex Laser Reversal Points Indicator has spotted a reversal, it clearly displays these Buy or Sell alerts on your chart, thus showing you exactly where possible reversals may occur.
In addition, it also gives you audio, visual, and pop-up alerts whenever a reversal is identified. The developer also gives you an additional custom currency meter indicator for additional trade filtering as per the picture below:
Forex Laser Reversal Points Indicator Summary
Overall, the Forex Laser Reversal Points Indicator is a simple to use trading strategy that can give forex signals with minimal effort. It will however require some filtering of trades and initiative on behalf of the user.
As with any trading system, you should have your trading discipline and money management in check.
The Forex Laser Reversal Points Indicator comes with detailed setup instructions, trade examples, full support and free updates.