The Steve Mauro indicator is an indicator used for short term trading. This indicator is also available for low spread brokers in Meta Trader 4 and Meta Trader 5. For daily trade, this is one of the best indicators. It is market maker indicator. This indicator is used for scalping. It provides accumulated history data for an accurate result.
It gives the results which are invisible from the naked eye. This indicator is an expert teacher who teaches about the rules and the regulations of the market. Many traders used this indicator for help in their trade. France and other big nations are getting profits with the help of this indicator.
Market Maker Method Indicator For MT4/MT5 Free
This indicator is developed by STEVE. He is the best Forex trader. He taught many traders to trade with the help of this indicator.
They used his given instructions and gain a lot of profits in the trade. He also has an e-book for his students and instructions in the form of PDF file. His e-book is also available with the indicator. This indicator is very helpful for beginners.
This indicator is specially designed for Meta trader 4 and Meta trader 5 platforms. It is also designed for Forex trading system.
Rules for Buy Entry and Exit:
There are some rules for buy entry and exit. The rules are given below:
- When the green candlestick pattern appears and it is moving above the level then it is the time for a buy entry.
- When the candlestick pattern or price bars moves above the level then it is the time to hit the buy option and buy the Forex currency that is available at that time.
- If the candlestick pattern or price bars stars moving below the level then it is the time to exit entry.
STOP LOSS:
When the price bar starts moving below the level then it is the time to hit stop loss so that you can decrease the chances of loss in the trade.
Reversal Diamond Indicator MT4
Steve Mauro Indicator System
Rules for Sell Entry and Exit Market Maker Strategy
There are also some rules for sell entry and exit. Below are the rules for sell entry and exit:
- When the candlestick pattern is moving below the pip or level then it is the time for Sell entry.
- When the candlestick pattern or price bars moves below the level then it is the time to hit the sell option and sell the Forex currency that is available at that time.
- If the candlestick pattern or price bars stars moving above the level then it is the time to exit sell.
Take Profit:
When the price bar starts moving above the level then it is the time to hit take profit so that you can take healthy profit.
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Market Maker Patterns
STEVE MAURO indicator has too many uses. This indicator is used for short term trading. This indicator provides guidelines for trading. This indicator has an e-book for ease of understanding. This indicator helps a lot in daily trading.
This indicator is also used for scalping. It is the property of trade that is used to know even a signal change in the indicator. It is one of the best indicators.