A Forex indicator system that provides simple buy/sell indications is called the 5NITRO MT4 Indicator. It was offered for sale for $199 per lifetime. It includes an ON-SCREEN dashboard that displays Buy/Sell, trend, and other helpful data.
This 5NITRO trading algorithm is built to capitalize on both minor and significant movements to the fullest extent possible. According to developers, NITRO5 can anticipate the market with astonishing accuracy thanks to sophisticated trading algorithms that are built on years of expertise and constantly auto-analyze every price movement and trading pattern.
OBOS dot matriXx
The various Overbought or Oversold levels are shown by the twelve (12) matriXx dots. When these dots start to glow, it could be time to start considering taking a profit. Possible forthcoming turning points are also brought up by potential OBOS price action and, consequently, visual cues from the matriXx dots.
The six distinct independent indicators ADX, CCI, MFI, RSI, STOCH, and WPR make up these twelve (12) dots. The computations are based on data from two different time periods.
These glowing dots may also offer chances to increase or decrease units on retracements from meter values that are higher than 80% to 85%. For instance, when the meter briefly drops to 45% after briefly achieving a recent high of more than 80% to 85% due to a transient natural and healthy retracement.
The User may change the OBOS High and Low limits as well as the hue of illumination and non-illumination.
or, as is advised, do your own additional chart analysis to further filter the signals. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.
It detects swift and profitable price changes and provides clear buy and sell signals. In order to provide just the trades with the highest likelihood, the algorithm thoroughly examines each trading signal.
Any Forex currency pair as well as other assets including stocks, commodities, cryptocurrencies, precious metals, oil, gas, etc. can be traded with the 5NITRO+ MT4 Indicator System. Additionally, you can utilize it for any time period that works best for you, from one minute to one month charts