Introduction to the Predict Indicator
Innholdsfortegnelse
One of the most common types of indicator that new traders would want to find is an indicator that produces reliable trade signals.
The Predict Indicator is one of the many trade direction signal indicators that traders can use. It can be an effective signal indicator when used in confluence with other technical indications.
What is the Predict Indicator?
The Predict Indicator is a momentum following signal indicator which provides momentum reversal trade signals, as well as indications of flat market conditions.
This indicator is plots diamond symbols to indicate a trade signal. It plots lime diamond symbols to indicate a long or buy trade signal and magenta diamond symbols to indicate a short or sell trade signal. It also identifies and indicates flat markets by plotting a blue dot symbol.
Traders can use these symbols as trade entry signals based on momentum. Men, it should be used in confluence with other technical indicators as part of a trading strategy.
These symbols can also be used as a trade direction indication wherein traders would trade only in the direction indicated by the Predict Indicator. Men, traders should find trade setups on the lower timeframes which agree with the Predict Indicator trade direction.
How the Predict Indicator Works?
The Predict Indicator uses a complex algorithm which compares the closing price with average range of price action.
Første, it identifies the average close price on a two period range, and the average close price of a five period range. It then divides the difference between the two by the current close price multiplied by a series of variables.
Its complex algorithm has several more steps using this formula which it uses to identify the momentum direction.
How to use the Predict Indicator for MT5
The Predict Indicator has a couple of variables which can be modified within its indicator settings.
The “Buy Level” and “Sell Level” variables are the modifiable variables which are included in its formula. Traders can adjust these values to modify the sensitivity of the Predict Indicator signals.
Kjøp handelsoppsett
Når du skal angi?
Open a buy order as soon as the Predict Indicator plots a lime diamond symbol below a price candle in confluence with other technical indications.
Når du skal avslutte?
Close the trade as soon as the Predict Indicator plots either a blue dot or magenta diamond symbol above a candle.
Selg handelsoppsett
Når du skal angi?
Open a sell order as soon as the Predict Indicator plots a magenta diamond symbol above a price candle in confluence with other technical indications.
Når du skal avslutte?
Close the trade as soon as the Predict Indicator plots either a blue dot or lime diamond symbol below a candle.
Konklusjon
The Predict Indicator signals are not always very accurate. There would be trade signals that do not result in price moving in the direction indicated by the Predict Indicator symbols. Men, it can still be a useable trading signals whenever it is traded in confluence with other technical indications such as trend direction or reversals on a clear support or resistance level.
MT5 Indikatorer – Last ned instruksjoner
Predict Indicator for MT5 is a Metatrader 5 (MT5(andre)) indikatoren og essensen av denne tekniske indikatoren er å forvandle de akkumulerte historiedataene.
Predict Indicator for MT5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Basert på denne informasjonen, handelsmenn kan anta ytterligere prisbevegelse og justere sin strategi tilsvarende. Klikk her for MT5 Strategier
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How to install Predict Indicator for MT5.mq5 to your MetaTrader 5 Diagram?
- Download Predict Indicator for MT5.mq5
- Copy Predict Indicator for MT5.mq5 to your Metatrader 5 Katalogen / Eksperter / Indikatorer /
- Starte eller starte Metatraderen på nytt 5 Klient
- Velg Diagram og tidsramme der du vil teste mt5-indikatoren
- Søk “Egendefinerte indikatorer” i navigatoren som for det meste er igjen i Metatraderen 5 Klient
- Right click on Predict Indicator for MT5.mq5
- Legge ved et diagram
- Endre innstillinger eller trykk ok
- Indicator Predict Indicator for MT5.mq4 is available on your Chart
How to remove Predict Indicator for MT5.mq5 from your Metatrader 5 Diagram?
- Velg diagrammet der indikatoren kjører i Metatraderen 5 Klient
- Høyreklikk inn i diagrammet
- “Indikatorer liste”
- Velg indikatoren og slett
Forutsi indikator for MT5 (Gratis nedlasting)
Klikk her nedenfor for å laste ned:
