Man, that is one hideous looking indicator (just kidding). It doesn't look like one of them canned indicators. Is it custom made?
As mentioned, you need to trade with STOP. And make sure you compute Reward: risk ratio, win rate etc etc Entry price - 1.0945 target profit - 1.0965 (20 pips profit) STOP - 1.9021 (24 pips) reward : risk ratio : 20 : 24 = 1:1.2 RR ratio expected to be > 2:1 Your RR ratio is very poor. So your win rate has to be extremely high. I doubt you want to know why for this trade, getting RR > 2 is going to be a big challenge.