i-Friday_Sig - Indicator for MetaTrader 4
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.