• Overview
  • Reviews (2)
  • Comments (2)

FRX Turbo

FRX Turbo is a new indicator designed for scalping.

An indicator that gives signals based on the readings of a whole set of standard and proprietary tools.

Main features of FRX Turbo:
FRX Turbo consists of

The blue line is the RSI indicator;
The orange line is a consolidated RSI indicator based on the T3 RSI;
Dotted lines are the borders of the Bollinger bands (see Fig. Six)
Blue line – middle line of Bollinger bands;
Main features of FRX Turbo

Easy to use;
Has a set of indicators for filtering;
The indicator itself shows when to enter the market;
It has flexible settings;
Work on any time periods;
Basic FRX Turbo settings:
RSIPeriod - setting the blue RSI line;

BandsPeriod - setting up dotted lines (see Fig. Six)

BandsDeviations

BandsShift


Application of FRX Turbo in TRADE:
The signal to enter the market is formed when the consolidated RSI, built on the T3 RSI, leaves the Bollinger bands. It is possible to use the intersection of the T3 RSI with the middle line of the Bollinger bands.

The position is entered after the first bar of the histogram of the corresponding color appears: blue color - buy entry, red color-sell entry.
Reviews 2
4xtrader41
331
4xtrader41 2020.03.09 14:58 
 

By far the best 1m scalping tool in my bag. This is only a Filter that i am using for my existing trading, but so far so good.

Aravind
6190
Aravind 2020.05.09 21:03 
 

Good

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Aravind
6190
Aravind 2020.05.09 21:03 
 

Good

4xtrader41
331
4xtrader41 2020.03.09 14:58 
 

By far the best 1m scalping tool in my bag. This is only a Filter that i am using for my existing trading, but so far so good.