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Cougar Indicator MT4

The Cougar Indicator MT4 is a powerful and precise forex trading tool designed to identify high-probability entry and exit points in the market. This indicator works on the MetaTrader 4 (MT4) platform and is specifically crafted to assist traders in achieving better results by analyzing trends and patterns in real-time.

Minimum Deposit

To ensure smooth and consistent trading using the Cougar Indicator, a minimum deposit of $100 is recommended. This allows for better capital management and reduces the risk of significant drawdowns.

Time Frame to Run

The Cougar Indicator is designed to perform optimally on the following time frames:

M1 (1-Minute)
M5 (5-Minute)
M15 (15-Minute)
H1 (1-Hour)

These time frames allow the indicator to detect short-term trends and intraday price movements effectively, ensuring high accuracy in trade signals.

Suitable Currency Pairs

The Cougar Indicator is versatile and can be applied to various currency pairs. However, it performs exceptionally well with major forex pairs, including:

EURUSD
GBPUSD
USDJPY
AUDUSD

These pairs are known for their liquidity and lower spreads, making them ideal for precision trading with the Cougar Indicator.

Cougar Indicator

How the Indicator Takes Trades

The Cougar Indicator MT4 employs an advanced trend-following strategy. Here’s how it works:

Identifies Trend Reversals: The Cougar Indicator detects potential reversals in the market by analyzing candlestick patterns and momentum shifts. When a reversal is likely, the indicator sends a signal to either buy or sell.
Entry Signals: Once a strong trend is confirmed, the indicator will show an entry signal, providing traders with the best possible point to open a trade.
Stop-Loss and Take-Profit Levels: Along with the entry signals, the Cougar Indicator provides suggested stop-loss and take-profit levels, allowing traders to minimize risks and lock in profits.
Trend Continuation: For long-term trades, the indicator keeps track of the current trend and gives updates on whether the trend is continuing, providing opportunities for traders to hold their positions or adjust as needed.