The iProfiteer trend indicator: trading towards the main trend
iProfiteer indicator is categorized as trending and provides for opening positions in the direction of the main trend.
The iProfiteer indicator contains two types of signals:
Reversal sig — сигнал на предположительную смену тенденции (отображается в виде конверта);
- Желтый конверт — поиск точек входа в направлении «SELL»;
- Синий конверт — поиск точек входа в направлении «BUY».
EntryPoint sig — сигнал точки входа (отображается в виде квадрата);
- Красный квадрат — «SELL»;
- Фиолетовый квадрат — «BUY».
You can change the appearance of visual display of both signals in the settings at your discretion.
Exiting the market
Presumptive exit from a deal is carried out at occurrence of a signal about possible change of a tendency on the market (Reversal sig in the opposite direction).
According to feedback from practicing traders, the iProfiteer indicator does not redraw its signals.
According to ForTrader.org experts, iProfiteer indicator can be an excellent addition to an existing trading system or a basis for creating a new trading system