Why Use Multiple Templates in Your Trading?
- Dabbling in various instruments across different timeframes (and with multiple brokers) often leads to juggling a bunch of templates.
- Testing out those templates can result in even more variations.
- Having a quick way to identify your templates is key to avoiding confusion, inefficiencies, and potential trading errors.
- This handy indicator has got you covered!
Example of a Template Name:
Key:
- IX = Indices
- FX = Forex
- C = Commodities
- X = No Alerts
- S = Sound Alert (notifies you at the end of the candle)
- E = EMA
- W = WMA *
* In this case, the main indicator tracks the trend. Other indicators may appear on the chart but aren't required to be included in the template name.
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