By // fxgrowthmanager.com
FGM Indicator is a profitable indicator and non repaint works on any pair and any timeframe. H1 is recommended timeframe.
SELL TRADES
When the dark blue line crosses the aqua blue (light blue) line from the top, prepare for a trade, but not yet. Once the yellow line is crossed as well, then take the sell trade. Sometimes it will cross both at once or sometimes it will take a little time to form.
BUY TRADES
Look at the indicator , when the dark blue line crosses the aqua blue (light blue) line from the bottom, prepare for a trade, but not yet. Once the yellow line is crossed as well, then take the buy trade. Sometimes it will cross both at once or sometimes it will take a little time to form.
WHEN TO EXIT TRADES
Option 1: Utilizing your own exit strategy, or set your own stop loss / take profit and trailing stops… OR…
For Sell Trades: When the dark blue line crosses the aqua blue (light blue line) from the top to bottom, close the trade.
For Buy Trades: When the dark blue line crosses the aqua blue (light blue line) from the bottom to top, close the trade.
Free Download fxgrowthmanager.rar :
FGM.ex4
FGM Indicator Manual.pdf
Mr Mohammed Fawzi From Saudi Arabia ( ) sent us this indicator.