Fanoos uses the internal indicators of MetaTrader 4. Fanoos is only a indicator that helps you to trade better and easier. With Fanoos you have MACD, RSI, Stochastic, ADX results in one place. It shows the trends direction to you by using RSI, MACD, Stochastic. Also it shows the trend in all time frames. Also it shows the time that remain to close current candle. It is useful for beginners. There is no need to run MACD, RSI, Stochastic one by one. If you run Fanoos you will have all data of those indicators together. Also it helps you to understand the RSI, MACD, Stochastic and ADX signals easily.
- Period: RSI period: 14, ADX Period:14, stochastic Parameter: 5, 3, 3, MACD Parameter: 12, 26, 9
- you can change all parameters by yourself from Fanoos indicator.
- Time frames: This indicator works with all time frames!
- Fanoos will show you the trends with color and the signal for Sell and Buy but there is no special entries points.
- you can change and set ADX indicator parameter by ADX_period and ADX_Price
- you can change the Parabolic SAR parameter by changing step_psar and Max_psar
- you can change the RSI period by RSI_Period
- you can change stochastic parameter by changing stoch_Kperiod, stoch_Dperiod and stoch_slowing
- you can set the MACD parameter by MACD_fastp, MACD_slowp & MACD_signalp
- if your broker shows price with 4 digit or 5 digit you can set them by change: bigprice_Decimals
- you can show the indicator where you want by changing PosX and PosY
- you can change all colors of program by changing UPcolor, Downcolor, flatcolor, Textcolor, etc.