ColorPsychological indicator: classic oscillator from another platform
ColorPsychological indicator - is a modification of the classic Psychological oscillator imported from the FXAccuCharts trading platform and adapted for MetaTrader 5.
ColorPsychological indicator is represented as a color histogram and has all the qualities of oscillators .
The ColorPsychological indicator also has a built-in alert system.
The ColorPsychological Indicator displays text and audio alerts, and can also send e-mail and sms messages about the following events:
- breakdown overbought areas;
- the trend is in the overbought zone;
- пробой средней линии индикатора – начало Buy-тренда;
- continuation of the Buy-trend out of the overbought zone;
- continuation of the Sell-trend outside the oversold area;
- пробой средней линии индикатора – начало Sell-тренда;
- trend in oversold area;
- Breaking through the oversold zone.
ColorPsychological indicatorIt is recommended for beginner traders due to its simplicity. In combination with trend indicators it can become one of the key elements of the trading strategy.
Download ColorPsychological indicator