The iclickntrade™ Proprietary Indicator Package has been developed to help identify high probability trade entries for all markets and time intervals available on MT4 and MT5.
This package has been developed for simplicity of receiving the alerts to identify high probability trade entries. We have analysed information from a number of different indicators to formulate one indicator with the aim of preventing multicollinearity, which is a statistical term that refers to multiple counting of the same information. This is a common problem in technical analysis that occurs when similar indicators are applied to one chart leading to redundant signals that can be misleading in accurately evaluating market conditions. This Indicator Package also aims at maintaining a clean charting workspace by removing extraneous indicators that cause information overload leading a trader to being unable to interpret a large amount of data in a timely manner.
With simplicity being the key to this package, for further clarification in identifying uptrends – buys, and downtrends - sells, colours have been added to ensure that a trader can see at a glance the trading cycle of a particular market. Yellow and Green colours are used for the uptrends while Blue and Red colours are used for the downtrends. A trading cycle flows from Yellow to Green to Blue to Red and then restarts at Yellow.
Numbers tell the story by removing emotion. Therefore sequential numbers from 1 - 9 have been developed and added to the indicators in the primary chart to identify where the market is positioned at a particular interval provided by the MT4 and MT5 platforms. Sequential numbers have also been added to the stochastic oscillator in the sub chart to match the colours and sequential numbers in the primary chart for further confirmation where the market is overbought above the 80 level or oversold below the 20 level.
This is one outstanding product that helps to identify high probability trade entries for all markets and intervals available on MT4 and MT5 in 3 simple steps. It also helps to identify the trade exits as well! Take a 1 week FREE TRIAL for your individual test run.
With simplicity being the key to this package, for further clarification in identifying uptrends – buys, and downtrends - sells, colours have been added to ensure that a trader can see at a glance the trading cycle of a particular market. Yellow and Green colours are used for the uptrends while Blue and Red colours are used for the downtrends. A trading cycle flows from Yellow to Green to Blue to Red and then restarts at Yellow.
Numbers tell the story by removing emotion. Therefore sequential numbers from 1 - 9 have been developed and added to the indicators in the primary chart to identify where the market is positioned at a particular interval provided by the MT4 and MT5 platforms. Sequential numbers have also been added to the stochastic oscillator in the sub chart to match the colours and sequential numbers in the primary chart for further confirmation where the market is overbought above the 80 level or oversold below the 20 level.
This is one outstanding product that helps to identify high probability trade entries for all markets and intervals available on MT4 and MT5 in 3 simple steps. It also helps to identify the trade exits as well! Take a 1 week FREE TRIAL for your individual test run.