What is Raitis MT4 Forex Indicator
RAITIS MT4 Forex Indicator is a profitable Indicator designed for both Beginner and Advanced traders to succeed in Forex trading. The indicator is easy to understand due to its chart color combinations and the use of Heikin-Ashi market to create this indicator system. We recommend using this indicator for long term trades, it is not suitable for very short-term trades. Avoid trading when the market is highly volatile. We advise starting with a demo account to understand how the indicator works.
The RAITIS Indicator includes several indicators, expert advisors and a template in the zip file such as.
List Of Indicators included:
- #4X 2010 Forex Power.ex4
- #4X 2010 Forex Power.mq4
- RaitisCyFilter.ex4
- RaitisCyFilter.mq4
- RaitisHeikenAshi.ex4
- RaitisHeikenAshi.mq4
- RaitisJMARibbon.ex4
- RaitisJMARibbon.mq4
- RaitisPriceChannel.ex4
- RaitisPriceChannel.mq4
- RaitisStoch.ex4
- RaitisStoch.mq4
List Of Expert Advisors included:
- SL-TP_move-by-Mouse.ex4
List Of Templates included:
- Raitis_H1 Chart
- Raitis_M15 Chart
Once you install the indicator on your MT4 platform, you will see the Heikin-Ashi chart and two moving Average indicators on the chart window. At the bottom of the window, you will see other indicators such as RaitisStoch indicator and RaitisCyFilter. The RaitisStoch indicator consists of lines that cross each other, white the RaitisCyFilter indicator shows the market volume.
What do you Need to know about RAITIS Forex Indicator
If you are eager to start trading with the RAITIS forex indicator, there are a few essential points you will need to keep in mind. We have given them below for your convenience, so read them carefully before you begin trading. With these important tips in mind, you will be on your way to achieve success in the forex, Binary and Crypto trading.
- Please note that this indicator is only compatible with MT4 and does not work on MT5.
- We recommend trading any Major Currency Pairs, but all currencies can be traded.
- Traders can use any Time Frame with this indicator, but our recommendation is to trade in 15M and higher time frames to get an optimal result
- It’s important to avoid trading during significant News Events if you have not experience in News Trading (Some experienced traders use these newsies to trade)
- If you are interested in maximizing your profits through forex trading, be sure to check out Tradeszee EDU Hub. Learn how to trade forex effectively and make high-profit trades.
Trading prerequisites for the RAITIS Indicator
If you want to trade forex, binary options and crypto with confidence, there are few prerequisites that you need to fulfill. We have provided them below and what you need to do is read and follow them carefully before you begin trading. Once you successfully complete these prerequisites, you can start trading with confidence.
- Choose a reputable forex broker from the Recommended Brokers list.
- Open a trading account with your chosen broker and complete the verification process. You can refer to the Forex Account Opening Guide and Verification Guide for assistance.
- Ensure that you have a reliable method for depositing and withdrawing funds to and from your trading account. The Deposit and Withdrawal Guide can provide useful information in this regard.
- Download the MT4 or MT5 trading platform from your selected broker. Refer to the MT4 Guide or MT5 Guide.
- To download and Install free forex indicators, free binary option indicators, free expert advisors, and free forex and binary strategies Refer Download and Install Guide can help you through this process.
If you want to improve your forex trading performance, we never recommend relying solely on indicators or signals, instead we suggest using a combination of indicators, strategies, and your own trading experience to increase the accuracy and profitability of your trades
How to read signals and enter trades with RAITIS Indicator
How to Get BUY Trades
- Heikin-Ashi chart should be in green
- Moving Averages cross and the market is above the Moving Average line
- In the RaitisStoch indicator, green line crosses the orange line to upside and a green dot should be there
- RaitisCyFilter indicator shows in green
How to Get Sell Trades
- Heikin-Ashi chart should be in Orange
- Moving Averages cross and the market is below the Moving Average line
- In the RaitisStoch indicator, orange line crosses the green line to downside and a orange dot should be there
- RaitisCyFilter indicator shows in orange
Tips to improve Signal accuracy of the RAITIS Indicator
Indicators and trading systems have been developed by their developers based on their own strategies and methods, and they may not be 100% accurate at all the time. However, you can improve signal accuracy up to 100% with your own methods and strategies. Refer to the following methods to improve signal accuracy
- Use default MT4 indicators with the installed custom indicator. For example, you can use the Bollinger Band indicator or the MA (Moving Average) indicator to identify short-term and long-term market trends. There are many great MT4 /MT5 indicators that can be used on the MT4/MT5 platforms.
- Using Trendlines can also identify the trends and reversal points.
- Draw Support and Resistance areas over a wide range to understand the long-term reversals
- Another popular method is using Candlestick Patterns. learn and use candlestick patterns to improve the accuracy of a trader’s entry.
- Analyze the chart in various time frames such as 1M, 5M, 15M, 30M ,1H and 4H etc. this allows traders to understand how the market moves in different time frames.
- Check newsies and avoid trading during that high-impact News time period (some traders use these times to trade, but inexperienced traders may be at risk)
- Learn forex trading before starting with a live trading account. Every trader can get a complete forex education via Tradeszee EDU Hub. this way, you can analyze the market with better knowledge.
If you follow these tips and guidelines, you can improve the quality of the signal that the indicator provides.
Learn Forex trading, Binary Options trading and Cryptocurrency trading for FREE
Forex trading is really risky and challenging, but it is not impossible. The only thing that you have to keep in mind is having knowledge, experience and practice. then you can be involved in this sector with confidence. If you can follow this advice, you can gain more benefits and profits through trading.
At tradeszee.com website, we are committed to helping you improve your forex trading skills. That’s why we offer Tradeszee EDU Hub, a comprehensive educational platform that teaches you everything you need to know about forex trading.
See more about HP Non-repaint MT4 Forex Indicator
Download More Indicators for FREE
You can download more indicators, expert advisors and trading systems from this website for 100% free. Refer to the following links to get them
- Free Download MT4 (Meta trader 4) Forex Indicators
- Free Download MT5 (Meta trader 5) Forex Indicators
- Free Download MT4 (Meta trader 4) Forex Expert Advisors (MT4 Forex Robots)
- Free Download MT4 (Meta trader 4) Binary Options Indicators
- Free Download MT5 (Meta trader 5) Binary Options Indicators
Frequently Asked Questions (FAQs)
You can find more FAQs about trading on the Tradeszee FAQs page. Use the following link to visit it
Free Download RAITIS MT4 Forex Indicator
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