I know it sounds weird to talk about “Indicators” when Hector DeVille teaches Price Action Trading.  But Hector’s Advanced Forex Indicators you get as part of his Learn Forex Live Course are different. They don’t tell you to Buy or Sell, but give you insight into which pairs to trade and in which direction.

One of the indicators is the Forex Currency Index indicator.  This indicator shows you which currencies are strong and which are weak.  If you pair a strong currency against a weak currency… you can find the best (and safest) direction to trade that currency!

Here is a testimonial from one of Hector’s happy students…

hey Hector

2 winners out of 2 trades so far with using your 2 advanced indicators ……….. but I set my TP too low as I could still be enjoying some nice PIPS !!!

One question on the Forex Currency Index please – if USD shows +5 & GBP shows -5 (in the 5MIN) – is that Short GBP/USD ?? Thanks John

Answer from Hector DeVille

That’s correct John: if USD is strong and GBP is weak, you want to be searching for short opportunities on GBPUSD. Pretty simple, isn’t it?

Hector

The other indicator is the Forex Trend Scanner.  It shows which currency pairs are trending, in which direction and on what time frames.  If you are looking to trade with the trend, you first need to find a pair and time frame that is trending. Instead of doing all this manually, just look at the scanner.

One of the biggest struggles in Forex is picking the right pair to trade and the right time frame.  Many times we are looking at one pair, only to realize later the opportunity was on a completely different pair or time-frame.  How frustrating to miss the perfect setup because you just didn’t know where to look.

This is the kind of thing using Hectos’ Advanced Indicators can solve.  You are still going to be using the Price Action strategies he teaches, but on currency pairs and time frames with the highest possibility of success. That really is an edge over trying to find the best opportunities yourselves.

Click Here To Learm More About Learn Forex Live Advanced Indicators

While Learn Forex Live is a course to teach how to trade Forex using PRICE ACTION, Hector DeVille has some Advanced Indicators he uses to get an unfair advantage. These two indicators are a great help when looking for a currency pair to trade, the best time frame or to make sure price is trending for the best results.  (While these indicators are designed for use with the price action trading Hector teaches… ANY trading system can benefit by their use!)

Let’s take a look at these two Advanced Forex Indicators…

Everybody know “the trend is your friend”, right? (Well, of course until it ends). Most traders would agree that trading with the trend is lower risk than counter trend trading. And there are many trading systems that rely on a trending market to be profitable. But the problem is… how can you know which currency pair and which time frame is trending so you can apply your trading system?

That is where the Trend Indicator comes in.

At a glance you can see if the currency pair you are stalking is trending, which way it is trending and on what time frame it is trending. Or, you can simply use the Trend Scanner to find the currency pair you want to apply your trading system to for the best possibility of success.  This is going to keep your trend trading strategy out of choppy markets where your profits are eaten up!

I’m sure you can see how powerful this is, right? Hector has made a video showing you how to use this indicator…

Click Here To Watch The Trend Indicator Video

The Forex Currency Index Indicator is very powerful. It can tell you at a glance the strength and weakness of different currencies and on which time frame. Can you imagine what you can do with this information?

Let’s say you know the USD is strong (+5) and the GBP is weak (-5) on the M15 time frame. What do you think you will see when you go to the GBPUSD M15 chart? You should see price going down. So, your best trading opportunity is to look for SHORT entries to exploit the strength of the dollar and the weakness of the pound!

Hector has done a couple of videos explaining this indicator and how you can use it to improve your chances of placing winning trades. And again, this information is valuable regardless of the trading system you are using!

I think you can tell by now that these Forex Indicators are not your run-of-the-mill indicators. They provide information that gives you a better understanding of the market you are getting ready to trade in… and can help you identify where the best (and less risky), trading opportunities are. Just think of the possibilities!

Click Here To Learn More About The Forex Trend Scanner And Currency Index Indicators

Regardless of whether you are using the price action trading strategies or a different trading system… these two indicators can give you the EDGE you’ve been looking for!