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impuls - Indicator for MetaTrader 4

impuls
TypeIndicators PlatformMT4 Version10 Date created14 April 2016 Date updated19 August 2017
Formatmq4 Size4.9Kb Downloads466 Rating
3.2 of 5
based on 96 rates

The indicator shows areas that are not recommended to use for entering the market to buy/sell. On the chart, it looks like a histogram consisting of lines of different colors: red lines denote an area where it is not recommended to buy, the green area reflects prohibition to sell. The gray zone is neutral.

Indications of the indicator are calculated on the basis of CC and MACD. If the values ​​of both tools grow, the bar of the histogram will get a green color. If the values ​​fall, it will be red.

This indicator shows trends at the very beginning of their formation. However, it is only used in combination with other indicators that can filter its signals.

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