Nasdaq, ger30 or Sp500

[Lee Gee]

Which indices are easy to trade and safer for new traders?

 

[GhostX]

Indecies are generally volatile, rather stick to currency pairs as their less riskier

 

[jazzysmith]

Nasdaq is a great pair. You must have something that will alert you right.
It is very volatile.

 

[game_zero]

Ger30 in my opinion. I think of the three mentioned it is the easiest to trade

 

[jazzysmith]

Here is some note I gather from reading about the indicator.
Radar Signal trading system is a forex strategy trend following breakout. It's based on the radar signal indicator.

Time Frame 30 min or 60 min .

Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF/ GPB/JPY, EUR/ JPY, US/NZ, and exotic currency pairs.

Metal: Gold and Silver.

Indices: S&P 500, Dax, FTSE.

MT4 Indicators:

Radar Signal,

Daily Open,

Stochastic histogram ( 14, 3,3,).


Rules for Radar Signal Trading System

Long Entry

Radar signal indicator indicates a pending buy order.

Place order, if Stochastic histogram is green and the price is above the daily open line.


Short Entry

Radar signal indicator indicates a pending sell order.

Place order, if Stochastic histogram is red and the price is below the daily open line.

Exit position

At the profit target indicate by radar signal indicator or fast profit target that depends by currency pairs. Initial stop loss 30-40 pips.