FxGlow Dual Forecast MT5
This unique looking LED-based prediction algorithms opportunities for scalping, NOT breakthroughs. Signals generated by the opening of the bar.
The indicator provides signals for Scalping trade and confirms the current mood on the market.
Expected results
To achieve more accurate results, use this tool as a supplement to your trading system. It works best in combination with the right strategy.
Combination
For better filtering light signals can be used in combination with a support / resistance and the supply / demand areas.
Key Features
- Scalping detects signals by prediction algorithms
- Determines the mood of the market to an acknowledge signal
- Bullish mood - to sell only to buy
- Bearish - trade only for sale
- Neutral mood - to trade in both directions
- is not redrawn
- NOT recalculated
- Gives signals about the opening / beginning of the bar
- It works on all cylinders
- It works on all timeframes
- It can be used with advisers
- It has the functions of a pop-up notification, the notification e-mail, push-notification and sound alerts
settings
- Signal - the number of bars to calculate the scalper signal
- Sentiment - the number of bars to calculate mood
- max Bars - the maximum number of bars used historic
application
The indicator consists of two parts:
- Scalping signals = signal input into the market
- Market sentiment = signal confirms scalper
Signals to buy
- Mood - bullish
- Mood - neutral
for sale Signals
- Mood - Bearish
- Mood - neutral
Stop-Loss
- The dynamic approach based on volatility
- support / resistance levels
- The higher the time frame, the higher the value
- Local maximum (swing high) on the sale, the local minimum (swing low) when buying
Take profit
- The dynamic approach based on volatility
- support / resistance levels
- Fixed value in points depending on the vapor / timeframe
- Meaning ATR (average true range indicator)
timeframes
- M15 for intraday trading
- M5 for scalping
- H1 / H4 for swing trading
vapor
- Recommended couples with low spread
session
- Asian session - expect less price movement
- London session - more price movement
restrictions
- No exit strategy
- It is better not to trade on news
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.
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