Forex Cloud Trend Prediction Indicator

As the name of the indicator implies, the forexcloud indicator draws clouds above or below the currency price. Below the price means that the trend is moving upwards, above the price means that the trend is moving downwards.

Trading Signals

Buy: Wait for the price to move above the grey dotted line. The forex cloud must be green.

Sell: Wait for the price to move below the grey dotted line. The forex cloud must be red.

Tip: Many traders place a protective stop-loss above (sell) or below the cloud (buy).

Indicator Preferences

Currency pairs: any

Preferred Time frames: Suitable for 5 min charts and above.

Sessions: Around the clock

Download

Download the ForexCloud.ex4 indicator.

Configurable Indicator Options

TimeFrame, up color, down color, dotted line color,…

AUD/NZD Daily Time Frame Example

forexcloud-indicator

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