Indicator trading systems
are used by a lot of traders. However, if the analysis tools in the trading strategy
a lot, it makes it difficult to assess the market situation. Ultra Wizard indicator that I want to tell you about today,
solves this problem. The peculiarity of this indicator is that it
generates and offers information to the trader based on the readings at once
several analysis tools.It is easy to install in MT4. We do it the usual way. If you are experiencing difficulties in this regard, please read my article “Metatrader 4 cheat sheet”.
Information window
After installation, the following information window will appear on the chart:
Let’s see if we can figure out
means every single one of their indicators.The main parameter is Porability.
It is he who gives the average result, based on the indications of all indicators. He’s evaluating…
the strength of the trend as a percentage. And he also gives a recommendation: to buy or
to sell. The next parameter is Multi
info+. He predicts further direction of price movement based on
readings of 13 indicators on different timeframes.Indice Strenght estimates the strength
trend based on daily volatility of the traded instrument.Currency pair range
show the strength of the currencies that are part of the currency pair.Well, the last two parameters are MACD indicator and Stochastic oscillator. Their readings are included in the information window so that the trader could make a more complete analysis of the market situation.This way, the Ultra Wizard indicator provides all the necessary information for making trading decisions.
Trade opening
In order to make a decision to enter the market, it is necessary to make sure that there are certain conditions.BUY order open,
if:
- value of Multi
info+ is not less than 75; - Indice value
Strenght is in the range from 7 to 9; - the difference between
Currecy Pair range values should be at least 5; - MACD indicator and
The Stochastic oscillator should have a green arrow pointing
upstairs.
SELL order is opened if:
- value of Multi
info+ is not less than 75; - Indice value
Strenght is in the range from 0 to 2; - the difference between
Currecy Pair range values should be at least 5; - MACD indicator and
The Stochastic oscillator should have a red arrow pointing downwards.
Do not rush to apply the Ultra Wizard indicator in real trading. Try his demo account first. I want to warn you that you will not be able to see the indicator’s work on the history. It generates signals only in real time.Ultra_WizardDownloadFyodorov’s Inga06.03.2019