Nowadays, there are plenty of forex indicators, the basis of which are boundaries indicating the possible place where the price is likely to bounce.
Forex Signal Bands, however, uses advanced quantitative methods to make its predictions, unlike other similar indicators, which can increase its accuracy by several tens of percent, which is already a hefty extra advantage in the aggregate.
- A quantitative indicator of boundary impacts
- User complexity: Very simple
- Usability: Forex, Commodities, Stock indices
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
Today's indicator is once again one of those that are very simple for traders to understand, or rather one could say highly intuitive. In fact, once implemented (introduced into the platform), the indicator not only plots the dynamic boundaries of support and resistance, but also gives information in the form of arrows when they are hit, which can also be considered as a new entry/exit signal (see below)
Download Forex Signal Bands from the button below
Do you need help with installing this indicator into MT4 for Windows or Mac OS? Our guide HERE will help you.