FX Compass
indicator "FX Compass"Predicts the likely direction of the price movement and displays 10 levels for purchases and sales.
The indicator is used on any timeframe and any currency pairs
Prior to the practical application of indicator parameters are adjusted so that the level of buying and selling price have blocked the entire history of quotations. It is desirable to pre-load the history of quotes in full.
After setting up the display, purchases are made from the level of purchases only with growth forecast, orders are not recommended to open for sale. Sales - from sales levels, the forecast falling trend, orders are not recommended to open the purchase.
Parameters indicator settings
- Channel - option to adjust the forecast (eg 0.0018 for EURUSD timeframe M30)
- Delta - a step of levels of buying and selling (eg 0.0005 for EURUSD timeframe M30)
- CLR_Forecast - color display predictive line
- CLR_Buy -color display purchase levels
- CLR_Sell -color display sales
This is the first version of the indicator. Please e-mail comments and suggestions to enhance the capacity and functionality. I will make sure to completion.
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