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i-Friday_Sig - Indicator for MetaTrader 4

i-Friday_Sig
TypeIndicators PlatformMT4 Version10 Date created31 October 2014 Date updated19 August 2017
Formatmq4 Size4.7Kb Downloads288 Rating
3.3 of 5
based on 53 rates

The indicator is created to determine the most favorable points for opening/closing trading orders. It is based on the so-called effect of Friday - the trading system, which is built on the patterns that are typical for the market before closing trades on the weekend. Moreover, there exists a separate algorithm for generating trading signals for each trading instrument.

The entry/exit points are indicated by red and blue arrows. It is used as an additional tool for technical analysis.

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