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Forelume (Basic)

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Overview: The Forelume Basic indicator 3:1 RR is a streamlined, user-friendly technical analysis tool designed for traders seeking reliable entry signals based on our expertise in the market. Optimized for swing trading, this indicator identifies high-probability long and short setups with a fixed 3:1 reward-to-risk ratio, ensuring consistent trade management. Its clean design, robust signal logic, and customizable features make it ideal for traders of all levels looking to enhance their market edge.

Key Features & Perks

Core Mechanism: Generates buy and sell signals based multiple strategies based on our years of expertise in the market.

Fixed 3:1 Reward-to-Risk Ratio

Perk: Provides disciplined trade management with clear, predefined exit points, appealing to traders who prioritize risk management and consistent profitability.


Break-Even Stop-Loss Feature

Informative HUD Display

Feature: Optional heads-up display (HUD) showing the latest trade details (entry, SL, TPs, hit status),
Perk: Provides real-time trade monitoring and market context, enabling traders to make informed decisions without cluttering the chart.


Clean Visuals and Performance

Design: Displays clear long/short signals with triangles, ensures a visually appealing and responsive chart experience, optimized for performance

Ideal For
Swing Traders: Perfect for capturing multi-day or multi-week price moves
Risk-Conscious Traders: The fixed 3:1 RR and break-even feature cater to those prioritizing capital preservation.
Beginners and Pros: Easy to use for newcomers, yet customizable enough for advanced traders to refine their strategies.

ONLY WORKS ON CRYPTO PAIRS

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