FOREX WAVES CATCHER
The indicator is based on support and resistance levels.
Buy and sell signal.
Indicator is created for lower lot trading with bigger number of trades cause it can give up to 5 signal per several bars.
There is also spread displayed in the left corner.
You can use it with your own trading style and MM or it can be a helper for receiving better signals for other strategies. But it can work just with recommended take profit and stop loss after signal.
Indicator gives 50 signals per month and even more.
Recommendation: use it on default setting on EUR/USD M1
Recommendation: Take profit - 5-10 pips, Stop loss - 30-35 pips
- no repainting
- instant signal after condition detection
- buy/sell signal
- e-mail notification
- alert message
- mobile notification
- works on all time frame and pairs
You can find inputs in screenshots
- Trend quality: 1-9
- e-mail inputs: 11-11 for sell signal
- e-mail inputs: 12-12 for buy signal
- created order's stop loss and take profit is hidden from broker with virtual stops