FATen50 is a signal indicator based on the FourAverage trend indicator.
The indicator produces accurate signals to achieve close targets. FATen50 was optimized to reach a short-term target of 10 points and limit losses of 50 points. Signals are received 1-2 times a week. On average, 85% of signals are profitable.
How to use it: right after closing of the bar where an arrow has been formed, open a position with TakeProfit = 10 and StopLoss = 50.
- Pair - select currency pair settings, 1 - EURUSD, 2- GBPUSD.
- Alert_Print - enable printing to log.
- Alert_Sound - enable a sound alert when a signal appears.
- Alert_EMail - enable email notification.
- Alert_Mobile - enable notification to mobile devices.
- It is a complete trading system.
- This indicator is a great enhancement for any trading system, allowing you to choose the best entry point.
- It comes with settings for a range of instruments and time frames and their number will be increasing in the new versions.
- By default, it is set for EURUSD, M5.
- The indicator does not redraw.