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Trading generally is not appropriate for someone with limited resources and limited investment or trading experience and low risk tolerance.
Trading of FOREX, CFDs, derivatives and other investment products that are leveraged, can carry a high level of risk, and may not be suitable for all investors. The nature of leveraged products means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. It is possible that you could sustain a total loss of initial margin funds and will need to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. Selling short may result in losses beyond your initial deposit as well, because you may have to purchase a security at a very high price in order to cover a short position. YOU MAY RAPIDLY LOSE ALL OF THE FUNDS DEPOSITED FOR TRADING AND YOU MAY EVEN LOSE MORE THAN YOUR DEPOSIT. Penny stock investors are often unable to sell stock back to the dealer that sold them the stock. Therefore, you should not speculate with capital that you cannot afford to lose. In particular, you should not fund trading with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or homeownership, or funds required to meet your living expenses.
Trading requires good knowledge of financial markets, trading techniques and strategies. You should understand that while trading you will compete with other market professionals, licensed traders and those employed by trading firms. In addition to normal market risks, you may experience losses due to system failures. Trading also may result in paying large commissions. The total size of commissions that you pay on your trades may significantly add to your losses or significantly reduce your earnings.
Before deciding to trade you should carefully consider your objectives, financial resources, needs, your level of experience and other circumstances. We recommend you seek advice from an independent financial advisor before going into real trading.
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We do not recommend the use of technical analysis as a sole means of trading decisions. We do not recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
We do not provide back-testing data or a specific % accuracy for our Confirmation or Contrarian signals since Switch pro was designed as an all-in-one indicator with many different features & tools built in for you to optimize as your own trading system.
Signals are not meant to be followed blindly and are best used as additional confirmation alongside your trades, hence the name "Confirmation Signals".
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WHAT YOU WILL GET ?
SWITCH PRO SIGNALS
The indicator quickly identifies market trends with visual buy/sell alerts on the chart. Useful on any timeframe even for 1 minute scalping.
This Indicator includes standard Buy and Sell signals on the chart, based on the current market direction
TAKEPROFIT / STOPLOSS
This indicator calculating values of entry, take profit and stop loss Automatically.Default ratio is 1.2:1 and its fully customisable in setting, stoploss is calculating by ATR and Pivot points factors.3 green lines are takeprofit levels, red zone is stoploss zone ,Blue line in middle is entry price.
Confirmation signals are signals based on a trend following methodology. As the name suggests, they aim to confirm any potential action a trader might take and are more effective when used in confluence with other
A bullish/bearish candle pattern informstraders that the market is about to enter an uptrend/downtrend after a previous decrease/increase in prices. This reversal pattern is a signal that bulls/bears are taking over the market and could even push the prices up/down further – marking the time to open a long position.
This indicator displays breakup & breakdown candles with green and red labels, breakout is a stock price moving outside a defined support or resistance level with increased volume.
This feature can be activated to draw the key levels of Support and Resistance easing your decision making and reinforcing the entry signals. Those levels can also be used as Stop Loss or Take Profit.
This dashboard shows current market's information in a single panel with Real-time data.market info sticks to the last candle on the chart.
AUTO TREND LINE
Auto Trendlines display a series of trendlines on the chart, these
can highlight points of support or resistance depending on the
current price trend.as trendline needs collecting enought data to draw lines it's better to use it on higher timeframes.
Ideal educational tool and guide for new traders looking to practice drawing Fibonacci retracements.Automatically drawn Fibonacci Retracement Levels Corresponding labels for each level (Price & Level).
Channels are including an upper and a lower line, at equal distance from a middle line. The area between
those lines is the channel. They are commonly used for daily periods but work for any period.
False breakout patterns are one of the most important price action trading patterns to learn, because a false-break is often a very strong clue that price might be changing direction or that a trend might be resuming soon.
When enabled, one upper and one lower zone will be displayed on your chart, each zone is designed to help the user find tops and bottoms whether the market is ranging or trending (however the indicator will still be more effective during ranging markets).These zones can be great areas to take profit or find early entries to use alongside the confirmation or contrarian signals.
This indicator shows the bullish and bearish background of market,when market is bullish it turns to green and the other part is bearish.
HIGH AND LOWS
The market open matters becauseinformation from overnight and international markets will be absorbed and acted upon. The opening volume must be compared to the opening volume of other trading days, not to the remainder of the same trading day. Increased volume generally indicates increased volatility.
The SMART PIVOTS Lines are part of SMART PIVOTS trading system. SMART PIVOTS Lines are similar to Fibonacci retracements. These lines consist of 9 equidistant lines which are parallel to each another. SMART PIVOTS Lines from the bottom are at the levels 0/8, 1/8, 2/8, 3/8, 4/8, 5/8, 6/8, 7/8 and 8/8.
Key levels are established when price touches a level at least three times. The more times the price touches the level, the more significant the level is.Broken lines comes with yellow color and strong lines appear as blue color.
Switch pro+ can occur between the price of an asset and almost any technical or fundamental indicator or data.Though, Switch pro+ is typically used by technical traders when the price is moving in the opposite direction of a technical indicator.