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Forex news -forex broker review => Forex => : admin 28, 2019, 07:49

: BOW Indicator - trading tool on standard indicators.
: admin 28, 2019, 07:49
BOW Indicator - trading tool on standard indicators.
BOW Indicator is based on the indications of several standard indicators, such as Bollinger Bands, EMAs and RSI.
According to the developers, they developed a highly effective algorithm that takes into account the trend reversal, market fluctuations and outbursts, so you can avo .
Characteristics of the BOW Indicator.
Platform Metatrader4 Asset Any currency pair Trading Time Around the clock Timeframe M1 Expiry 3 minutes or 5 min Recommended broker Binomo , Binary , IQOption.
Rules of trade by BOW Indicator.
BOW Indicator detects price reversals, and then confirms them using several methods.
It also uses several filters to avoid false signals.
When the indicator detects a change in the direction of the main trend, it will confirm this with the Stochastic Oscillator in overbought and oversold levels.
This helps confirm that there is a trend reversal.
As soon as all conditions are met, the indicator draws the arrow CALL or PUT on the chart.
According to the developers, you should take the deal as soon as you see the signal - do not wait until the candle closes.
Arrows of pink and turquoise color mean a stronger signal.
CALL signal .
Recommendations from developers .
 Setup On your on broker, set Bolinger Bands and RSI at default values.
STEP1 open 4 assets the ones with the biggest win profitability and drop the indicator over them and set the candlestick period to 1 min.
STEP2 wait for the signal from the indicator.
STEP3 don t place the trade right away, wait for at least 10-15 seconds and watch if the market is still going in the same way.
STEP4 at the same time, the graph should break the RSI and BB and there should be at least 3 candles of the same colour.
If all these things happen, it means that a trend reversal will follow.
Take your time even if it means missing some good trades, there are a lot of signals and you should try to catch only the best ones.
LAST STEP set the expiry time to 3 min and place the trade.
 if your broker does not allow for that expiry you should go for 5 min expiry .
OBS Don t worry if you get more than one signal in a row on the same asset, it just means that you should wait a little longer before placing the trade, because the trend is still going in the same way.
Very important.
For a successful trade with Star Profit Option requires broker that does not create delays in the opening positions and has a zero spread.
That is a broker Binomo.
In addition, Binomo regulated by International Finance Commission .
In the archives BOW_Indicator.
BOW indicator.
ex4 BOW Indicator V2.
Free Download BOW Indicator v1.
I want to get this indicator but the download link is down.
On the other hand, I ask you to please recommend some effective scripts to trade, I am new to this and I have only had losses.
Best regards and thanks in advance.
And thanks for sharing your great posts every week.
please i want the latest version bow indicator v 4.
0 can some one help me.
Yeap very awesome indicator, it looks like it doesn t repaint.
Fantastico indicatore m5, filtri BB20 NVC.
Please do the needful.
Sir, Please send me the recent version of Bow Indicator to the following email and help in guiding the installation process, as I am using dell laptop.
Send this indicator to me thanks.
What happened to BOW.
COM I want this indicator but it seems the website is down.
Will it ever come back.
i have bow indicator v4.
anyone who can help me further ,how it works.