Robot catalog

Fan_v1.0 - Indicator for MetaTrader 4

Fan_v1.0
TypeIndicators PlatformMT4 Version10 Date created13 March 2014 Date updated 1 August 2017
Formatmq4 Size5.6Kb Downloads443 Rating
4.4 of 5
based on 92 rates

 This indicator is one of the tools of fans trading strategy. Here is how to read the robot’s signals:

  • The area of Lime color means that the fan is open and expanded;
  • Green color says about the contraction of an open fan;
  • The Yellow area indicates the interweaving and extension of the fan;
  • Orange indicates the contraction of the fan under weave.

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