Impostol MT5
New Impostol indicator is based on the relative strength index (RSI) and trend indicator ADX. With it, you can identify trends for your trade. To understand its signals easily because it shows the recommended inputs arrows up or down. It has minimum settings and easy to use.
Main characteristics
- Shows arrows point of entry into the market.
- The indicator is not redrawn.
- Recommended timeframe H1 and higher (by younger timeframes may cause false alarms).
- Recommended currency pairs EURUSD, USDCHF, GBPUSD, USDJPY, USDCAD.
Item display
- BarsToProcess - Number of processed bars.
- Sensitivity - Sensitivity indicator.
- Distance - Distance arrows departing from the minimum and maximum respectively.
- SizeArrow - The value of the size of the arrows (not more than 3).
trading recommendations
After the first signal to buy (sell) additional signals may appear to buy (sell) on these bars, which is an additional confirmation signal or continuation of a current trend. A signal for closing position may be the appearance of the signal opposite the original, or the achievement of certain profit.
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