The New Science of Forex Trading Indicator system offers its consumers exceptional trading support. It has an ON-SCREEN dashboard that displays information on spread, monument patterns, and other essential statistics.
The NSOFT Indicator was created to make your trading life easier and simpler. With today’s sophisticated trading technologies, it is even quicker and wiser. and yet so simple to use. As the software will handle everything, you won’t need to calculate the market.
The indicators this system uses
- Moving Average – is the default trend indicator for the MetaTrader 4 platform. The crossing of two moving with a period of 6 is used in this method, however only one moving shifts to 1 while the other moving has no shift. These settings are designed for scalping on M5 so that you can adjust them to your personal preferences.
- DED – Dots in the colors blue and yellow are shown above and below the price as the DED indicator. Simply put, this is a modified version of the Parabolic indicator.
- TES – The TES indicator is displayed as a blue and orange histogram in the first extra pane. The foundation upon which it was developed is unknown because the author hasn’t closed his indicator settings. The system acts as a filter: blue bars indicate purchase, orange bars indicate sell.
- TTL – This indication is shown as a red and green histogram in the second supplementary pane. The oscillator-based indicator, which plays the part of a filter, can be modified to change the overbought and oversold levels (in this case, 30 and 70), and it is most likely stochastic. The trader himself can optimize these factors.
![](https://forexpen.com/wp-content/uploads/2023/06/NEW-SCIENCE-NSOFE-INDICATOR-1.jpg)
The New Science of Forex trade system can provide you with trade signals that you can use as-is or further filter with your own chart analysis, which is advised. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.
New Forex Trading Science Any Forex currency pair as well as other assets like stocks, commodities, cryptocurrencies, precious metals, oil, gas, etc. can be traded using indicators. Additionally, you can utilize it whenever it is most convenient for you.
New Science of Trading Strategy
Buy
![](https://forexpen.com/wp-content/uploads/2023/06/NEW-SCIENCE-NSOFE-INDICATOR-2.jpg)
- From the bottom up, the yellow Moving Average indicator crosses the blue Moving Average indicator with a period of six.
- The DED indicator’s point should be blue.
- A TES indication histogram’s bar ought to be blue.
- a green bar representing a TTL indication histogram.
Go to M15 (if we trade on M5) and check the histogram indicators TES and TTL; their bars should be colored blue and green if all requirements were satisfied. We open a long position if the signal is confirmed.
sell
![](https://forexpen.com/wp-content/uploads/2023/06/NEW-SCIENCE-NSOFE-INDICATOR-3.jpg)
- From the top down, a moving average indication with a period of 6 crosses a moving average indicator with yellow.
- The DED indicator’s pointer should be yellow.
- The orange bar of a TES indication histogram should be present.
- Red bars make up a TTL indication histogram.
If all requirements were satisfied, look at the histogram indicators TES and TTL on H4 (if we trade on H1); their bars will be colored orange and red. If the signal is verified, a short position is opened.