FxGlow Climax Counter

This unique indicator recognizes culminating price movement to confirm the breakout in the opposite direction

Highlights bars marked in advance to prepare for the possibility of movement in the opposite direction.

Expected results

To achieve more accurate results, use this tool to supplement your trading system. It works best in combination with the right strategy.

Combination

Increase the possibility of the opposite signal, using this indicator with FxGlow Phase Index

Check out the strategy by clicking on the video link: https://youtu.be/LuP42obr-HI

Use an alternate exit strategy, combining LED with FxGlow Zone Barrier

You can see the strategy in this video: https://youtu.be/GW_r0VytxiY?t=1m26s

Key Features

• Recognizes reconfirmed opposite signals from the previous steps culminating


• is not redrawn


• NOT recalculated


• The signals at the close of the bar


• It works on all cylinders


• It works on all timeframes


• It can be used with expert advisors


• It has the functions of a pop-up notification, the notification e-mail, push-notification and sound alerts

settings

• Climax Period - the number of bars used for filtering by price action climax


• Breakout Period - the number of bars used for breakdown of the signal


• Maximum History Bars - the maximum number of bars used historic


• Display Climax Bars - display histogram bars climaxes


• Climax Bars Thickness - the width of the highlights of the histogram bars


• Bring Chart to Foreground - display graphics on top of objects


• Activate Alert Box - use the pop-up notification


• Activate Email Alert - sending notifications via email


• Activate Push Notification - send push-notifications


• Activate Sound Alerts - sound notification


• Sound Alert File Name - the name of the sound file
  

Instructions for use

• Climactic Bars = shaded bars represent the culmination or impulsive price action




• Bullish climax bars = upon confirmation ready for sale


• Bearish climax bars = upon confirmation ready for purchase




• Counter Signal = confirmed break

notes

The indicator is designed for a variety of manual trading methods.

First try the free demo version to test its effectiveness in combination with your trading systems.

Video