Forex Indicator Pips Striker v2 settings:
I want to offer you several indicators that can improve your results if you use them correctly. I draw your attention to the fact that any indicator is just a small gear in a complex process of financial analysis. Unfortunately, I can not give you the intuition of Vanga or the knowledge of William Sharpe, but I can tell you which indicators will be really useful in the work.
To install and use the recommended methods, you will need the world famous MT4 terminal. Templates work only on the PC (there are special versions of some strategies for the mobile application, but I will not consider them).
Indicator Forex Pips Striker v2
For a long time already known for the whole world indicator, working on the basis of several author’s indicators, according to the testers at Zabugorsk forums, the analysis of the Bollinger Bands and trend indicators is based. What do I like about Pips Striker? It is an easy-to-use multifunctional tool sharpened for M15. It is like for MT4, gives signals for expiration through 3 candles, and the author advises to apply it when working with UTrader.
The rules for using this indicator are extremely simple:
- No redrawing of signals. The appearance of the arrow indicates the iron confidence of the program in implementing the signal through 3 candles. This does not mean that the program will be right. This means the program is confident in its analysis.
- The indicator itself is never late and usually shows signals in real time, which is especially important when working with short timeframes.
- It works best in combination with other indicators for reinsurance and verification of received signals.
- Open transactions should be after the appearance of the arrow with the appropriate recommendation. You can use other indicators to assess the situation on the market, but without an immediate signal it is better not to do anything.