Live Daily Signals APK: How to Use Technical Analysis and Pivot Breakpoints for Trading Success
Live Daily Signals APK: A Guide for Forex and Crypto Traders
If you are looking for a reliable and easy way to get free forex and crypto signals on your android device, you might want to check out Live Daily Signals APK. This app is designed to provide you with live buy and sell signals for various currency pairs and cryptocurrencies, based on technical analysis and market trends. In this article, we will explain what Live Daily Signals APK is, how it works, and what are its pros and cons. We will also show you how to download, install, and use this app for your trading success.
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What is Live Daily Signals APK?
Live Daily Signals APK is an android app that gives you free buy and sell signals for forex and crypto trading. The app is developed by Massy Art, a company that specializes in creating apps for finance and education. The app claims to offer you:
Instant notification alert on your mobile.
10+ daily signals for each currency or crypto in different time frames.
Signals based on technical indicators, moving averages, pivot points, and candlestick patterns.
A minimum risk-reward ratio of 1:2 or 1:3 or even better.
Professional details with charts and analysis for each signal.
All signals checked by their experts.
The app also includes all popular indicators values, such as RSI, STOCH, ADX, MACD, as well as moving average lines and ATR values. You can use these indicators to confirm the signals and set your entry, stop loss, and take profit levels. Moreover, the app provides pivot point resistance and support lines for each currency or crypto, calculated by Fibonacci, Camarilla, and Woodie's formulas. These lines can help you identify the potential breakout or reversal points in the market.
How to Download and Install Live Daily Signals APK
To download and install Live Daily Signals APK on your android device, you need to follow these steps:
Go to the official website of the app:
Click on the "Download APK" button and choose a version that is compatible with your device.
Wait for the download to finish and then open the file.
If you see a warning message that says "Install blocked", go to your device settings and enable "Unknown sources" under security options.
Tap on "Install" and wait for the installation to complete.
Open the app and grant it the necessary permissions to access your device features.
How to Use Live Daily Signals APK for Trading
How to Receive and Analyze the Signals
Once you have installed the app, you can start receiving and analyzing the signals. To do that, you need to:
Select the currency or crypto pair that you want to trade from the list of available options.
Choose the time frame that suits your trading style and strategy. You can choose from 5 minutes, 30 minutes, 1 hour, or daily charts.
View the signal details, such as entry point, stop loss, take profit, risk-reward ratio, indicator values, moving average lines, pivot points, etc.
Check the chart and see if the signal matches with the current market trend and conditions.
How to Set Up Your Trading Platform and Execute the Trades
After you have received and analyzed the signals, you need to set up your trading platform and execute the trades. To do that, you need to:
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Open your preferred trading platform, such as MetaTrader 4, MetaTrader 5, or any other broker platform that supports forex and crypto trading.
Find the currency or crypto pair that matches the signal and open a new order.
Enter the entry point, stop loss, and take profit levels as shown in the signal details. You can also adjust them according to your own risk appetite and trading plan.
Choose the lot size or position size that fits your account balance and risk management rules. You can use a lot size calculator to help you with this step.
Confirm the order and wait for the market to move in your favor.
How to Manage Your Risk and Profit
The last step in using Live Daily Signals APK for trading is to manage your risk and profit. To do that, you need to:
Monitor your open trades and check the performance of the signals. You can use the app to see the live status of each signal, such as active, closed, or expired.
Follow the rules of your trading strategy and stick to your trading plan. Do not let your emotions interfere with your trading decisions.
Use trailing stop loss or move your stop loss to break even when the market moves in your favor. This will help you protect your profits and reduce your losses.
Close your trades manually when you reach your profit target or when the signal expires. Do not be greedy or overstay in the market.
Analyze your trading results and learn from your mistakes. You can use a trading journal or a performance tracker to record your trades and evaluate your performance.
Pros and Cons of Live Daily Signals APK
Pros of Live Daily Signals APK
Some of the advantages of using Live Daily Signals APK for trading are:
It is free to download and use. You do not need to pay any subscription fees or hidden charges to access the signals.
It is easy to use and understand. You do not need any prior experience or knowledge to use the app. The signals are clear and simple to follow.
It is compatible with any android device. You can use the app on your smartphone or tablet, as long as it has an internet connection.
It covers a wide range of currency pairs and cryptocurrencies. You can choose from over 50 forex pairs and over 20 crypto pairs, depending on your preference and market conditions.
It provides accurate and reliable signals. The signals are based on technical analysis and market trends, and are verified by their experts. The app claims to have a success rate of over 80%.
Cons of Live Daily Signals APK
Some of the disadvantages of using Live Daily Signals APK for trading are:
It is not regulated or licensed by any authority. The app is not affiliated with any broker or financial institution, and does not have any legal status or guarantee. You use the app at your own risk and responsibility.
It does not provide any customer support or feedback. The app does not have any contact information or social media presence, and does not respond to any queries or complaints from users.
It does not offer any educational or training materials. The app does not provide any tutorials, guides, tips, or strategies on how to trade forex or crypto effectively. You need to learn these skills on your own or from other sources.
It does not guarantee any results or profits. The signals are only suggestions and recommendations, and are not financial advice or guarantees. You still need to do your own research and analysis before entering any trade.
It may contain bugs or errors. The app may not work properly on some devices or may crash unexpectedly. The signals may also be delayed, inaccurate, or missing due to technical issues or market volatility.
Summary of the Main Points
In conclusion, Live Daily Signals APK is an android app that provides free buy and sell signals for forex and crypto trading. The app offers several features and benefits, such as instant notification alert, 10+ daily signals for each currency or crypto pair, professional details with charts and analysis for each signal, all popular indicators values, pivot point resistance and support lines, etc. The app also claims to have a success rate of over 80%. However, the