AlgoMaxx Pro
Buy IndicatorOpen Free Forex Trading Account
AlgoMaxx Pro Indicator -English
AlgoMaxx Pro Indicator -English
  • Introduction to the AlgoMaxx Indicator
  • Features Overview of AlgoMaxx Indicator
  • Which Buy-Sell Signals Should Be Avoided?
  • Which Signals to Trade On?
  • Essential Settings for AlgoMaxx Indicator
  • 20 Winning Trading Strategies Based on AlgoMaxx Indicator
  • 5 High-Accuracy Forex Trading Strategies Using the Currency Strength Meter
  • Nifty and Bank Nifty Trading Strategies Using the AlgoMaxx Indicator
  • Gold (XAUUSD) Scalping Strategies Using AlgoMaxx Indicator
  • Best Timeframes for All Types of Trading
  • AlgoMaxx Indicator FAQs
  • The XAUUSD Trading Rule Book
    • Index of XAUUSD Trading Rule Book
      • What is XAUUSD?
      • Introduction to XAUUSD Trading
      • Pre-Trade Checklist
      • Technical Analysis
      • Risk Management
      • Trade Management
      • Examples of Entry
      • Advanced Tips
      • Common Mistakes to Avoid
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  1. The XAUUSD Trading Rule Book
  2. Index of XAUUSD Trading Rule Book

Examples of Entry

5.1 Buy Example

  • Trend: Price is above 50 EMA.

  • Demand Zone: Price enters a strong demand zone.

  • Confirmation: Bullish engulfing candle forms near the 61.8% Fibonacci retracement level.

Entry: Buy at the close of the bullish candle. Stop-Loss: 10 pips below the demand zone. Take-Profit: First resistance and Fibonacci extension levels.

5.2 Sell Example

  • Trend: Price is below 50 EMA.

  • Supply Zone: Price enters a strong supply zone.

  • Confirmation: Bearish engulfing candle forms near the 50% Fibonacci retracement level.

Entry: Sell at the close of the bearish candle. Stop-Loss: 10 pips above the supply zone. Take-Profit: Nearest support and Fibonacci extension levels.

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Last updated 5 months ago