FxGlow Force Factor MT5
This unique indicator determines the trend of using a complex system of filters. Applied calculation method that follows the trend.
It is also equipped with advanced statistics signals, on which the trade target.
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
Trade reversals in the direction of the trend by combination with FxGlow Reversal Edge.
Check out the strategy for the video by clicking on the link: https://youtu.be/Rh07nTKhALE
Trade breakthroughs range, following the trend and increasing revenue opportunities by combining the indicator with FxGlow Tight Congestion.
Check out the strategy for the video by clicking on the link: https://youtu.be/lAOYs1RqsWU
Key Features
- Recognizes and works with the trend
- A unique way of calculating statistics
- It calculates the minimum gain of the signal, known as the absolute profit / loss
- The minimum profit from the purchase - from a buy signal before the new sell signal
- The minimum profit from the sale - from sales to signal a new buy signal
- Calculates the maximum profit from the signal
- Maximum profit on the purchase - the signal to the maximum point
- Maximum profit on the sale - of the signal to its lowest point
- It can calculate the target profit, based on statistics
- The average minimum value - minimum possible result of the next transaction
- Mean maximum value - the maximum possible result of the next transaction
- For more information on target earnings look video: https://youtu.be/PdeJaWqe9Rg?t=1m28s
- Perfect for use as a trend filter to existing strategies
- Trade with the trend always gives a better chance of making a profit
- is not redrawn
- 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 to calculate
- Max Bars - the maximum number of bars used historic
Using
Use as a trend filter
- In this case, the indicator combined with other trade indicators
- The green line indicates the upward trend and the need to conclude transactions for the purchase only
- The red line indicates a downward trend and the need to conclude deals only for sale
The use to enter the market
- For best results, you need to check whether a trend repeated on a larger timeframe signal on younger timeframe
- = Buy signal can be bought.
- Example: uptrend H4. On H1 we take only buy signals
- = Sell signal can be sold.
- Example: The downtrend on the M30. On the M15, we only accept signals for sale
profit goal
- The minimum average
- It can be used as a minimum take profit
- It can be used as take profit when scalping
- It can be used as an area for taking part of the profit, and the remaining profit will be used in trade
- The maximum average
- It can be used as the maximum take-profit
- It can be used as an exit point for all positions
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.
Video
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