Arrow indicator FXA0 - RSI Crossing 50 plus ATR: signals with recommendations
Arrow indicator FXA0 - RSI Crossing 50 plus ATR gives signals to the input by combining indicator signals RSI And ATR.
In addition to the arrows that indicate a signal to enter, the indicator FXA0 - RSI Crossing 50 plus ATR draws two horizontal lines, which are the current signals for stop-loss and take-profit levels.
When the second arrow appears in the same direction, the authors of the indicator recommend to increase the position, and when the green flag appears, to close part of the position.
The experts at fortrader.org recommend using FXA0 arrow indicator - RSI Crossing 50 plus ATR with default settings for trading on H1 and H4 timeframes. To trade on other timeframes you will need to reconfigure the indicator parameters.
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