Scroll left on your chart. Identify where the indicator has drawn horizontal zones. Do not trade immediately. Wait for price to travel into one of these zones.
Forex Sniper Killer (FSK) is a signal-generating indicator designed for the MetaTrader 4 (MT4) MetaTrader 5 (MT5) forex sniper killer indicator
: Specialized for mean reversion trades during low-volatility periods like the Asian session, using RSI extremes to buy low and sell high. KeyLevelSniper : Focuses on price action bounces off daily or multi-day pivot levels. Performance Note Scroll left on your chart
The first rule of the "Sniper" methodology is to never trade against the main signal line. If the line is blue, the trader is locked into looking for buy opportunities only. If red, they look for sells. This simple rule prevents the common pitfall of trying to catch a falling knife (selling in a strong uptrend or buying in a strong downtrend). Wait for price to travel into one of these zones
You will see either a (Buy) or Red Down-Arrow (Sell). Do not enter immediately upon seeing the arrow. Wait for the current candle to close with the arrow intact. (Remember: It’s non-repainting, so it won't disappear).