Short-term Forex Signals Metatrader 4 Indicator
The indicator is called the I_XO_A_H indicator. It’s some kind of an momentum oscillator that provides bullish and bearish short-term signals. Green bars plotted above the 0.00 are considered to be bullish. Red bars below the 0.00 level are considered to be bearish.
Short-Term Trading Signals
Buy: Wait for the first green bar to appear.
Sell: Wait for the first red bar to appear.
Use in conjunction with trend following indicator(s) and/or trend analysis.
Currency pairs: any
Time frames: any
Sessions: any (London & US for M1, M5 charts)
Configurable Indicator Options
EUR/USD H1 Chart Example