Butterfly Forex Manual
Butterfly Forex Manual
Butterfly Forex Manual
Manual
This zip file comes with 2 custom MT4 indicators and 1 MT4
template.
Getting Started
How? Right click in the chart > Template > select the
Butterfly template
The chart with the template attached should look like this:
Install FAQ
Don’t worry, you can download the font for free on this page:
https://www.wfonts.com/font/wingdings-3
How? Right click in the chart and press the indicators list.
You’ll see both indicators, Butterfly Forex Signal and
Butterfly Forex Trend.
Here’s a great video on how to set MT4 push & email alerts:
https://www.youtube.com/watch?v=p7zxvG_JKrM&t=258
s
1. Buy Signal
Below you will find some typical take profit targets for the
different time frames:
M1 chart: Aim for 10-25 pips
M5 chart: Aim for 20-35 pips
M15 chart: Aim for 25 -40 pips
M30 chart: Aim for 30-75 pips
H1 chart: Aim for 50-120 pips
H4 chart: Aim for 80-200 pips
D1 chart: Aim for 125-300 pips
2. Sell Signal
Below you will find some typical take profit targets for the
different time frames:
M1 chart: Aim for 10-25 pips
M5 chart: Aim for 20-35 pips
M15 chart: Aim for 25 -40 pips
M30 chart: Aim for 30-75 pips
H1 chart: Aim for 50-120 pips
H4 chart: Aim for 80-200 pips
D1 chart: Aim for 125-300 pips
In this case, ignore all buy and sell square signals on the
chart until a trend forms again, either up or down.
FAQ
Thank you!