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FutureForecastMt4

1

FutureForecast is one of the few indicators looking into the future, or rather calculating the current candle's High and Low price values.


Advantages of the indicator

  • no repainting
  • works on any timeframes
  • works with any trading instruments
  • perfectly suitable for scalping and trading binary options


Parameters

  • alert - enable/disable alerts about signals. Enabled by default.


Parameters (Colors)

  • FutureHigh - estimated High price line color.
  • FutureLow - estimated Low price line color.


Recommendations

The indicator forms two lines. By default, they are of the same color but it can be changed in the Colors section of the indicator settings.

The upper indicator line is a forecast High of the current candle, while the lower line is a forecast Low.

Trading should be performed with anticipation of a rollback from these lines. If the candle Close price breaks the indicator levels, the next candle will most likely make a correction in the opposite direction.

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Indicateur cyclique pour le trading et la prévision de l'orientation du marché. Montre le comportement cyclique du prix sous la forme d'un oscillateur. Donne des signaux pour l'ouverture des transactions lorsqu'il y a un rebond des limites supérieure et inférieure de l'oscillateur. Sous forme d'histogramme, il montre la force lissée de la tendance.  Complètera toute stratégie de trading, du scalping à l'intraday.  L'indicateur n'est pas redessiné.  Convient pour une utilisation sur tous les
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Andrey Spiridonov
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Version 2.0 2017.10.06
Added the Alert feature - generates alerts when the current price breaks the predicted High or Low levels.