NON-Repaint Indicator for MT4 FREE Download
This Scalping Strategy is primarily manual. The NON Repaint indicator does produce Arrow BUY/SELL signals, but you need to filter them using the given strategy or your own one. Any decisions to enter the market and to set protection stops or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.
Commando Trading system can be used on any Forex currency pair and other assets such as commodities, Cryptos, Binary Options, Stock markets, Indices, etc. You can also use it on any time frame that suits you best, from the 1-minutes to the 4-Hour charts. Work best on M5 and H1 timeframes.
This NON-Repaint Indicator for MT4 can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.Main Chart of this NON-Repaint Indicator
This is the main screen of the Commando Forex System – as you can see, it’s very simple and straightforward. Even a complete beginner can start trading and making profits with this system. With this NON-Repaint Indicator system, you’ll have multiple forms of buy/sell alerts, so you won’t miss a single opportunity to make money. You’ll receive arrow, on-chart, mobile, and audio popup window alerts. This is helpful as it means you do not need to stare at the charts all day, waiting for signals to appear, and you can monitor multiple charts simultaneously.
Follow money management & Don’t enter to trade within the high-impact news period. Exit from your trades half & an hour from the high-impact forex news.
As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.
The best times to trade using this Forex System is when the market is moving at a decent speed. In most cases, This is during the New York and London session. You can also use it during the Tokyo and Sydney sessions as well.
This system provides 2 different templates. If you prefer standard trading, use the
- Long_Term – For time frames H1 and above
- Short_Term – For time frames M30 and below
A Buy trade will be easy to spot since the message will be right there on the top right of your chart. It will say ‘BUY NOW”. Notice the yellow arrow on the SCF Window below confirms the signal. This is when you would enter a Buy trade immediately,Sell Entry
Just like the Buy Trade, a sell signal will also show a message saying “SELL NOW”. A red arrow will show, which means you must enter a sell trade. A yellow arrow should also show up, which would confirm the signal. This is when you would enter. a Sell trade immediately.Trade Exist
Any positions with this system can be liquidated using a fixed profit target. Alternatively, the profit target should be set using previous support or resistance as a reference point. You can draw a line from the previous support/resistance to run horizontally to set your Take Profit a few pips below that level. You may also exit the trade manually if the conditions of the system reverse (the opposite arrow appears).
It is recommended to use a stop loss. Set SL below the entry price using previous support/resistance as a reference point Or on the previous high/low swing. Using fixed stop loss settings without any reference points is not advocated.