FX Cash Formula provides trading signals using overbought\oversold calculation. This indicator is formed by a main line (silver) within a red lower and green upper line. It’s used both for scalping and swing trading.
- BUY when the silver line crosses the red line from below.
- SELL when the silver line crosses the green line from above.
- Stop Loss is automatically calculated by the indicator and showed in the alert window.
This indicator is optimized for 1H chart, but can be profitable with any timeframe and forex currency.
- File: FX Cash Formula.mq4
- Size: 3 Kb