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With the help of several technical instruments, the Trend Path Non-Repaint indicator for MT4 is a special trend-following technique designed to pinpoint the ideal trend reversal zone. For scalpers, day/intraday traders, and swing traders, this is one of the best technical trading indicators available.
This non-repaint indicator consists of a buy/sell arrow signal, a tool to identify overbought/oversold zones, and a band that defines the trend direction and assesses market volatility. The dark orange and dodger blue bars show the overbought and oversold areas, while the signal arrows indicate buy and sell entries.
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How to Trade With the Trend Path Non-Repaint Indicator
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 | No Minimum Deposit ECN Acount No Commission | |
 | Min Deposit of 20$ |
The indicator’s activity is shown in the aforementioned picture on an H4 EURUSD chart. It also shows how to coordinate price movement and the indicator’s signal to create a high-probability setup.
As can be seen in the figure, the indicator initially detected an oversold zone, pointing to a potential upward trend reversal. In addition, it painted a purchase arrow in line with an engulfing candlestick pattern that is bullish. A bullish engulfing candlestick and a buy signal arrow further support the likelihood of a bullish rise.
Similar to the purchase signal, the indicator displayed a sell arrow after first identifying an overbought zone. In addition, the price responded to the indicator’s upper band, which functions as a possible resistance zone, indicating that it was willing to move lower.
In summary
To find the best trend reversal settings, both novice/intermediate and expert forex traders can benefit from using the Trend Path Non-Repaint indicator for MT4. Lastly, downloading it is free of charge.
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