This is an intraday indicator Set timeframe to 5 min Take long entry on the high brakes of selling traps Take short entry on the low brakes of buying traps ignore traps left to red zones Use the nearest trap take profit/loss on a 1:2 risk-to-reward basis. Trap Trading Trap trading is a trading strategy that seeks to profit from false...
Hello traders! How this indicator works? The main functionality of this indicator is to find entry based upon SuperTrend indicator. This indicator helps us to find trapping candle to enter into the market. What is a trapping candle? A trapping candle is a candle that shows strength in opposite direction to SuperTrend. This helps us to enter in a trade before...