22.03.2018
Futures trading for beginners
Forex Freeway_2-RSX - Indicator for MetaTrader 4
TypeIndicators
PlatformMT4
Version10
Date created11 October 2015
Date updated 1 August 2017
Formatmq4
Size54.5Kb
Downloads430
Rating
The Forex Freeway indicator is based on the CCI indicator. In fact, it analyzes several CCIs from several timeframes. There are four bands of Forex Freeway, they are read from left to right - 15-minute, 30-minute, hourly, and 4-hour. The aim is to enter the market when all four CCI are located in the direction of the trend.
Trading signals are interpreted as follows:
- When all 4 bands are green - it is a signal to buy;
- When all 4 bands are red, it is a signal to sell.
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