Monday, July 11, 2016

FxGlow Zone Barrier MT5

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.





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


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





Key Features



  • 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





settings



  • Period - the number of bars used for calculation of the indicator

  • Max Bars - the maximum number of bars used historic





Using



  • 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






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.


FxGlow Zone Barrier MT5

Video




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