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GOLD Line Setup

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Razian Nur
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0% found this document useful (0 votes)
3K views28 pages

GOLD Line Setup

Uploaded by

Razian Nur
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 28

Gold Line FX Indicator™

1
PHONE INSTALLATION MANUAL FOR
ANDROID AND IOS

1- METATRADER 4 MOBILE PLATFORM SETUP


The first thing after installing and opening the platform, click
on the indicators icon as in the picture and remove all indicators
from the platform to install a GDLineFX system, Follow the
instructions as shown in the pictures.

2
3
-Enter the settings as shown in the pictures

4
- Change the color settings as shown

- Now Click Done to save the Changes on Settings

5
- Now add Indicators to set up a GDLineFX system

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1. 1ST BOLLINGER BANDS
- Select Bollinger Bands and Enter the settings as shown in
the picture

- Click Done to save the Changes on Settin

7
2. 2ST BOLLINGER BANDS
- Select Bollinger Bands again and Enter the settings as shown in
the picture

8
- Change the settings as shown in the picture and click on Levels

- Click on + to add levels

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- Change the settings as shown, click Done

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3. 3ST BOLLINGER BANDS
- Select Bollinger Bands again and Enter the settings as shown
in the picture

11
- Change the settings as shown in the picture and click on Levels
And change the level number settings as shown in the picture

12
- Click Done to save the Changes on Settings

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4. MACD SET UP
- Go to settings and choose MACD indicator

14
- Change the MACD indicator settings as shown in the picture

15
5. STOCHASTIC OSCILLATOR SET UP
- Go to Settings and click beside INDICATOR WINDOW 1 as
shown, Then click on Stochastic Oscillator

16
- Change the settings as shown in the picture and click on Levels
And change the level number settings as shown in the picture

17
- Click Done to save the Changes on Settings
Now you can get started, follow the instructions step by step with me

18
• HOW TO ENTER – BUY & SELL POSITION
- BUY POSITION
– 1- Candle Stick inside the Buy Zone
- Make sure that the candles have entered the Buy zone and it
is preferable to enter the Buy Zone and rise above it
– 2- Stoch touched level 10 and the curves above level 20
- Make sure that the stochastic lines entered the 10 Level and
it is preferable to enter and rise above the 20 Level

19
Stop Loss
- Place your stop loss just below the buy zone, below the yellow line
Take Profit
- First Yellow Line at the sell Zone Or the top line of the Sell Zone.
10-20 pips should be enough for scalping

20
- SELL POSITION
– 1- Candle Stick inside the Sell Zone
- Make sure that the candles have entered the Sell Zone and it
is preferable to enter the Sell Zone and fell below it

– 2- Stoch touched level 90 and the curves above level 80


- Make sure that the stochastic lines entered the 90 Level and
it is preferable to enter and fell below the 80 Level

21
Stop Loss
- Place your stop loss just above the Sell zone, above the yellow line
Take Profit
- First Yellow Line at the Buy Zone Or the bottom line of the Buy Zone.
10-20 pips should be enough for scalping

22
• HOW TO ENTER – USING DIVERGENCE
2nd Method is by using Divergence MACD, you can have a deep
understanding by referring the diagram below

23
- Buy - Using Divergence

- For entry using buy divergence setup, note that candle A is higher than
candle B and MacD A is lower than MacD B. This condition causes
divergence.
- Make sure the Stochastic touches level 10 and curves past level 20

24
Stop Loss
- Place your stop loss just below the Buy Zone, below the bottom
yellow line & below the Point (B)

Take Profit
- First Yellow Line at the sell Zone Or the top Yellow line of the Sell
Zone.
10-20 pips should be enough for scalping

25
- Sell - Using Divergence

- For entries using sell setup divergence, note that candle A is lower than
candle B and MacD A is higher than MacD B. This condition causes
divergence.
- Make sure the Stochactic touches level 90 and curves past level 80

26
Stop Loss
- Place your stop loss just above the Sell Zone, above the top yellow
line & above the Point (B)

Take Profit
- First Yellow Line at the Buy Zone or the Bottom Yellow Line of the Buy
Zone.
10-20 pips should be enough for scalping

27
Done
Now You Can Start Mastering Gold Line FX Indicator
Any question please contact me on Facebook Page or
Instagram Page or email me at: support@gdlinefx.com
Keep it simple
All the best

28

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