【No repainting at all】The strongest signal indicator usable on 7 currency pairs
“I want to put a signal tool into MT4, but with so many signals I end up getting confused.”
This is an indicator I would like to recommend to such a trader,The Foreign Warrior’s 【Exotic Signals】.
This product includesExotic Signal V・Exotic Filter— two indicators are bundled, and you can load both on the chart, or use each one separately.
Available currency pairs
・USD/JPY
・EUR/USD
・GBP/JPY
・AUD/USD
・GBP/USD
・EUR/JPY
・AUD/JPY
All timeframes should be set to a5-minute chart.
◆Exotic Signals V
It is an indicator that displays buy and sell signals.
It displays buy/sell signals (arrows) and settlement points on the chart.
The amazing thing about this indicator is,that it hasbeen specifically converted into an EA for testing!
It is said to have undergone more than 13 years of backtesting, and there is no curve-fitting.
Of course, in line with The Foreign Warrior’s policy,“never repaint”— an arrow-type indicator.
The 13 years of backtesting are published in the product overview, please view here.
☆ About entries and settlements
Simply enter when the arrows appear. It’s very straightforward.
Buy signals are light blue
Sell signals are pink
and these are adjustable via parameters for size and color.
Then, settlements are made when the same-color “×” appears.
I think even beginners can use it with ease.
I also tried it on GBP/USD!
Because the frequency of signals isn’t high, it should be especially useful for those who don’t trade frequently or who trade multiple currency pairs.
It might also be good to use it in conjunction with automated trading.
If you don’t have much time to look at charts and feel you might miss signals,alert notifications・email notification功能Please try them.
(Can be configured in the parameters)
◆Exotic Filter
An indicator that determines the trend and displays bars in a sub-window.
Light blue bars indicate an uptrend
Pink bars indicate a downtrend
This is the interpretation.
Of course, you can use it together with Exotic Signals V, but it also pairs well with “CCI Vector Bollinger Bands”,“Exotic RSI-GMMA-SYSTEM” a set of four indicators,RSI PERFECT ORDER.
Personally, I recommend loading it on the chart together withRSI PERFECT ORDER, andenter when there is a perfect order in the same direction as the trend bars.
Exotic Signals is very convenient because it supports seven currency pairs.
A powerful tool for discretionary trading— please give it a try!
Written by kuwabara