GOLD Line Setup
GOLD Line Setup
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PHONE INSTALLATION MANUAL FOR
ANDROID AND IOS
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-Enter the settings as shown in the pictures
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- Change the color settings as shown
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- 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
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2. 2ST BOLLINGER BANDS
- Select Bollinger Bands again and Enter the settings as shown in
the picture
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- Change the settings as shown in the picture and click on 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
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- Change the settings as shown in the picture and click on Levels
And change the level number settings as shown in the picture
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- Click Done to save the Changes on Settings
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4. MACD SET UP
- Go to settings and choose MACD indicator
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- Change the MACD indicator settings as shown in the picture
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5. STOCHASTIC OSCILLATOR SET UP
- Go to Settings and click beside INDICATOR WINDOW 1 as
shown, Then click on Stochastic Oscillator
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- Change the settings as shown in the picture and click on Levels
And change the level number settings as shown in the picture
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- Click Done to save the Changes on Settings
Now you can get started, follow the instructions step by step with me
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• 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
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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
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- 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
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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
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• HOW TO ENTER – USING DIVERGENCE
2nd Method is by using Divergence MACD, you can have a deep
understanding by referring the diagram below
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- 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
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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
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- 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
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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
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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
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