Forex Advanced Momentum MT4 Indicator:
About the Forex Advanced Momentum MT4 Indicator
This indicator is specifically developed for short term Binary Options Trading.
It will give a signal when there is a high possibility of price reversal.
How it works
Price exhaustion level is identified based on alignment of several optimized oscillators combined with other conformations including price action movement.
This proven algorithm will screen out most of the false breakouts and provide you with reliable signals only. Simple and yet powerful.
How to use
Arrow up, CALL (No additional confirmation is needed)
Arrow down, PUT (No additional confirmation is needed)
Optimized for 1 minute time frame with 5 minutes expiry
Comes with alert, no need to glued to the screen all the time.
100% non repainted signal.
Expects 5-7 signals per day. Avoid trading news
Works perfectly with automated trading platform (MT2IQ)
Back tested with any major pairs
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)