Arrow Effect
- Indicators
- Nadiya Mirosh
- Version: 1.0
- Activations: 5
Using the Arrow Effect forex indicator algorithm, you can quickly understand what kind of trend is currently developing in the market. The Elephant indicator accompanies long trends, can be used without restrictions on instruments or timeframes. With this indicator, you can try to predict future values. But the main use of the indicator is to generate buy and sell signals. The indicator tracks the market trend, ignoring sharp market fluctuations and noises around the average price. The indicator implements a kind of technical analysis based on the idea that the market is cyclical in nature. It catches the trend and shows favorable moments of entering the market with arrows. The indicator can be used both for pipsing on short periods and for long-term trading.