Accurate Arrow Signal MT4
- Donovan Kenneth Mackenzie
- Version: 1.1
- Aktualisiert: 9 September 2022
- Aktivierungen: 10
Most technical indicators work well during trending conditions. However, periodically the market will suddenly shift and go sideways until the trend either resumes or starts to reverse in the opposite direction. This is where this indicator comes into its own. It is designed to avoid as many false signals as possible, especially during choppy markets. This assists the trader to navigate through these unfavourable conditions by delivering a minimal number of signals. This can help curb the temptation to keep adding to a trade which leads to over leveraging and ultimately that dreaded margin call. Furthermore, this indicator can be used by traders of all levels of experience. It can serve as an entry point trigger on an existing setup, or it can be used by itself offering both trade entries and trade exits through on-chart arrows with matching signals. Please note that the use of proper risk management, market entry timing and an acceptable amount of trading psychology is highly recommended.
2) Timeframes and Symbols
The Accurate Arrow Signal Indicator can be used on any timeframe. However, it is recommended for use on the M15, M30, H1, H4 or D1 charts. Concerning which symbols to use, Accurate Arrow Signal can be used for Crypto, Stock, Metals or Forex trading. However, it is mostly used for trading the 29 Forex majors, minors and cross pairs.
3) Recommended Setups