Forex Algorithmic support resistance channel MT4 indicator :
About the Forex Algorithmic support resistance channel MT4 indicator
high development in ecnology, production, e-commerce, logistics, etc.has started to be used in all sectors, as well as “ artificial intelligence and algorithm” has started to be used in financial markets.
The Smart algorithm indicator gives you the buy and sell signals as well as the target channel (intraday highs and lows) for all Forex instruments without the need for any analysis with the algorithm and artificial intelligence contained in the source code.
The indicator texti consists of the following sections and displays the information that everyone needs for analysis.
If your news and graphics analysis has a positive outlook for that instrument daily, your entry point should be Buy 1 and Buy 2.
2 – AlgorithmicNegative Trend:
If you have a negative outlook for that instrument daily in news and graphic analysis, your entry point should be Buy 3 and Buy 4.
3-8 sma / 22 EMA main Trend (recommended setting))
Takes data from monthly, weekly, Daily charts and provides a medium long-term view
4-8 sma / 22 ema Daily Trend (recommended setting))
Gets data from 4 hours, 1 hourly, 30 minutes, 5 minutes charts and provides an intraday view
You can change the instruments listed here from the Settings section of the indicator,but for those who trade silver and gold ounces, XAUUSD, xagusd, xau/xagrasyo and dxy are fixed. You can change the remaining eurusd,gbpusd,dowj products from the indicator settings. Example like dowj instead of sp500, nasdaq etc.
The indicator updates all signals (buy1,buy2,buy3,buy4,sell1,sell2) with its artificial intelligence based on the movements of the candle during the day. These values are not constant, but the algorithm updates itself with each movement of the candle!
Recommended strategy for Buy:
When the exchange rates in Algorithmic Buy 1, algorithmic Buy 2 and algorithmic Buy 3 are close to each other, entering the transaction yields a high return.
Recommended strategy for Sell and TP points:
1 stage operation at TP1/SELL1, TP2/SELL2 points.
Do not forget to include the visual information in your e-mail when making a request. The indicator to be prepared for the Demo will be for your use only and will be prepared according to your id knowledge.
Typethe broker name: ISIKFX-Live
Typethe broker id: 63560
The recommended indicator settings are as shown in the image.
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)