There is a tendency for a sizeable latency between the generation of the trading signals represented by the blue and red buy sell arrows and the appearance of the price doesn t change at the same time that the chart is supposed to indicate. Here are some of the weaknesses of this buy sell arrow forex indicator that i ve found. The first time that i see an indicator that i would trust in auto trade and that been so constant on the result yes there is some movement in a shorter term that could be traded but in a longer trade it s spot all in the top or bottom of my chart wow.
I didn t use it yet but i couldn t believe how precise the arrow is placed on the chart at 4h. The purpose of the exponential moving average will be to act as a filter if price is above the ema you can only take buy trades and completely ignore the red arrows sell signal. Combine this buy sell arrow indicator with one moving average indicator like 25 ema or 50 ema or even 100 ema.
Ar 2 0fix indicator issue arrows for reversal identification for buy sell entry trend 2 0 fix indicator change red blue colors itself. The buy sell alert indicator will be issue a red dot for the sell signal blue dot for the buy signal. How to trade with forex daily buy sell alert system.
But there was 2 problems with this indicator 1. The super signal indicator was available for mt5. To solve this problem i researched hard and hard enough and found out that the indicator was renamed later and it was a clone of super signal indicator.
So i thought of to create my own indicator but i couldn t code because i m not a programmer. Hi anyone have this is indicator forex super arrow signals indicator with buy sell alerts 137989 orig png is it possbile to add mtf to the following indicators.