Sunday, March 28, 2010

Forex Glaz v8 MT4 Indicator


Forex Indicator - eye - all-seeing eye trend. It is a light, caught the extrema, ie the expected places in which scheduled turn.

Description of indicator Forex eye

Indicator Forex eye has the following options:
 Time Left - shows how much time is left before the end of the formation of a bar \ candles. This option can be used in candle analysis, when you need to know the opening and closing the candle.
If after this time the situation has not changed and the price will not fall \ rise, you can open the position to buy - buy \ sell.
Closing of the transaction can be performed on the trailing foot.
 yellow dot forms minima and maxima of the type of signals and Fractal ZigZag. For simplicity of analysis and interpretation between the points carried the yellow line. At the minute timeframes this signal is not desirable to follow.
When the yellow dot will appear at the peak top, you must buy.
When the yellow dot will appear at the peak below, must sell.
Yellow dots (eyes) appear in the areas of resistance / support.
Blue dot the candles are formed inside the yellow lines and show a signal to sell.
Red dots on the candle bars are also formed inside the large yellow dots and show the signals on the purchase.

 UPTrend, DownTrend - shows the strength of the rising \ downtrend.
If UPTrend should be considered only buy signals
If DownTrend signals should be considered only sell.

The blue and red lines show the daily support level (blue Zone1) and resistance. Also there are dotted lines showing the levels for the past few days.

The indicator works well in the range from 15M to 1H


Download

forex-glaz_v8.mq4

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