FxGlow Zone Barrier MT5
This unique indicator identifies overbought and oversold using adaptive support and resistance levels calculated based on the volatility of the market.
The indicator shows the zones, so that we can prevent the behavior of prices, before it is overbought / oversold.
To achieve more accurate results, use this tool to supplement your trading system. It works best in combination with the right strategy.
you can combine the indicator to increase efficiency FxGlow Reversal Edge.
Check out the strategy for the video by clicking on the link https://youtu.be/QhP59H2yKCo
It can also be used as an alternative exit strategy for other indicators. See https://youtu.be/GW_r0VytxiY link
- Recognizes the conditions of overbought / oversold
- Adaptive Support / Resistance
- It can be used as an alternative exit strategy for other indicators FxGlow
- the indicator output signals Retrace Pulse
- the indicator output signals Climax Counter
- LED output setting Tight Congestion
- It is not redrawn after the close of the current bar
- 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 advisers
- It has the functions of a pop-up notification, the notification e-mail, push-notification and sound alerts
- Period - the number of bars used for calculation of the indicator
- Max Bars - the maximum number of bars used historic
- Support / Resistance Zones = zones that responds price
- Overbought / Oversold Zones = grayed out when the price goes in them
- Overbought = looking for windows of opportunity for the sale, if it is confirmed by our analysis of the market
- Oversold = looking for windows of opportunity to buy, if it is confirmed by our analysis of the market
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.
Herrick Payoff Index payment index Herrick (Herrick Payoff Index, HPI) confirms the strong trends and helps determine when they change its direction;...
Elder AutoEnvelope Envelopes (Envelopes) or channel lines are similar to moving averages (or slow MA with two MA). Inside the channel lines daily...
VolumeDeltaMT5 This indicator allows you to analyze the delta tick volume. It calculates each bar tick volume of purchases and sales (separately), as...