Technical Indicators for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
This incredible indicator generates ideal opportunities for scalping, where:
When the arrow appears, trade on the next candle.
Using a modified ADX to anticipate the next movement, an arrow will be plotted on the chart, indicating that you should trade at the opening of the next candle in the direction of the arrow.
The indicator is highly intuitive and can be used for scalping in the Forex market or in binary options.
The recommended time frame is 15 minutes.
In the settings, you can specify the start and end times for signal generation, allowing you to automate it for binary options if desired.
Additionally, there’s an option to adjust the distance at which the arrow should appear from the candle, enabling you to choose the best setting for each asset.
The recommended asset for use is the EUR/USD pair.
