Forex Trading fisht version 11 is a trend indicator, it defines the direction and strength of the trend, as well as the signals of his shift. indicator work is based on complex mathematical formulas, in writing his code does not use any of the standard indicators. Depending on where the trend is directed, fisht version 11 calculates the ratio of the maxima or minima of the previous time period with a current price and delivers the signals to either purchase or sale. Indicator update its indications and repaints the old values with the arrival of new data from the trade server and change price values. The indicator is available for both the fourth and the fifth version for MetaTraider.
In the standard settings the upward trend marked in green and red downward. The value of the period in which the calculated maximum and minimum settings display defaults to 10 and is indicated in bars. If you change this setting, you must take into account that an increase in the value of this parameter increases the accuracy of the indicator signals, but there is a long delay.
The use of trade:
Transactions for the purchase is recommended to open when the red line changes to green, and a deal to sell when the green turns red. Close the open position is recommended when the indicator color of the lines reversed, or at repeated reducing their length.
Download forex indicator fisht version 11 for MT4 and MT5
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