The alpha trend prediction foreign exchange is simple to utilize indicator for MetaTrader 4. The Alpha trend spotter indicator forecast the trend for the coming day or hour.
For purchase: Last candlestick must be green in color. Position a purchase exchange (1 day for daily timeframe, 1 hour for hourly timeframe).
For auction: Last candlestick must be red in color. Position an auction exchange (1 day for daily timeframe, 1 hour for hourly timeframe).
No exchange: Orange colored candlestick illustrates sideways trend.
- This forex indicator can be utilized in any currency pairs.
- The recommended time frame is one hr and daily.
- Suitable on any endorsed trading sessions.
- Colors and Daily Period (default value: 5) are the only configurable options for forex indicator.
The EUR/USD One Hr Instance Chart
Utilize this forex Indicator at your own risk. WindSorForex.com cannot be responsible for any losses associated with utilizing any forex indicator presented on the site. It’s not recommended to utilize this indicator on the real account without testing it on demo first.