Aku Rapopo Indicator For MT4



Table Of Contents:

  1. Aku Rapopo Indicator For MT4
  2. Some Advantages and Disadvantages of using the Aku Rapopo Indicator For MT4

The Aku Rapopo Indicator For MT4 is an indicator that is built for traders who are working with the Meta Trader 4 charting platform and this indicator is built on the principle of channels.

Price trends within channels until the time when it breaks out. This can thus help traders to regulate the movements of price and identify exactly what price is doing and where it is headed just by looking at the indicator at one glance.

Traders can gain a lot of insight once they learn how to use the indicator and some of the advantages and disadvantages of using the system are outlined and discussed below.

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Some Advantages and Disadvantages of using the Aku Rapopo Indicator For MT4

One of the Major Advantages of using the Aku Rapopo Indicator For MT4 is that the trader using it is able to stay in a trend for as long as the trend stays in place.

This means that the indicator can visually help a trader to identify exactly when the price is moving in either an upward or downward trend and to be able to effectively take advantage of such periods by observing the price action and watching how it interacts with the channels and how each of the lines that comprise the channel either guide price or lag behind price as it moves along on its way.

Also, the trader will be able to tell exactly when the price has decided to change direction and whether the trader can profit from it by either taking a trade or just waiting for the price of the currency pair or trading asset to resume in another trend in the same direction as the previous trend or change direction.

This way, at a single glance, the trader using the indicator already know where the price is and how the price is moving in relation to the entire trend exactly where it is.

The Aku Rapopo Indicator For MT4 consists of 4 major signal lines. The four signal lines are always divided into two lines above price and two lines always below the price.

The two inner lines always expand or contract to hold price during a ranging market. The outer two lines serve as place holders for when the price is seriously trending either upwards or downwards. This means that the trader can immediately understand and how the price is moving from just looking at the exact position where the price is within the channels.

For beginner traders, the price will generally leave the middle area and ascend to between the two upper channels whenever it starts to trend up seriously.

Also, the price would leave the middle area and start to trend down sharply once it leaves the middle channels area and moves between the 2 lower signal lines of the channel. This alone can help the trader to immediately have a very vivid picture of where the trend is and what kind of trends currently exist in price as the trader continues to use the indicator.

Asides from immediately understanding the exact position of the price and what it is doing at any point in time, the trader can also use the Aku Rapopo Indicator For MT4 to get into a trend. This means that the indicator can signal to a trader the exact time when he or she can quickly get into a trend.

This is very important because it helps the trader to know exactly when and where he or she can get on a trend and make some profit as the main objective of any trade is profits.

This way, the trader can also be able to know where he or she can also quickly leave the trend. The trader should ideally get on a trend once the price breaks the channel in either the upper or lower direction.

The trader can get on an uptrend when the price breaks the channel in the upward direction and get on a downtrend when the price breaks the lower channel in the downward direction. Even if a trader is not currently on a trend, the trader can quickly understand what the price is doing once the price crosses any of the channels in any direction.

This should always quickly give the trader a clue as to the direction of price anywhere on the charts on aby timeframes at any given time.

Another thing that the Aku Rapopo Indicator For MT4 is very effective at doing is spotting reversals. This means that the indicator can effectively help the trader to spot when the price is reversing by helping the trader to discover the extremes in price action, that is the highs and the lows.

It helps traders discover the high when the indicator breaks the channel and keeps trending upwards. It then keeps trending, following the upper channels in the upwards direction until the price decides to break below upper channels.

The trader can immediately look to that area as a price reversal and can then decide whether to trade a reversal or to wait for the trend to continue before he or she places another trader in the markets.

Traders using the Aku Rapopo Indicator For MT4 would, however, need to beware of the risk of overtrading and over leveraging on a small account as this would ultimately lead to ruin for the trader.

This means that a trader needs to be very careful about how he places his or her trades and make sure that he or she has already set up adequate risk parameters to take care of the trade once it is in motion. This will immediately help to keep the trader from over leveraging or risking too much on a single trade.

A general way to avoid over-leveraging and or over risking would be to make sure that before the trader places any trades, that they have already set up a certain percentage of their account that they will risk on the trade and that no matter what happens with the trade, the trade will not take more than that in case it goes into a loss.

 

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