The BuySell H4 Signals indicator shows potential market entry points with arrows. The arrows are not redrawn and are not drawn retroactively on the history. The arrow appears immediately after the end of the 4-hour candle. The BuySell H4 Signals indicator works only on the H4 timeframe.
The indicator uses levels and candlestick patterns in its calculations, rather than the intersection of moving averages, which allows you to give high-quality signals at the earliest stage of price movement.
You can use 5 (five) different types of arrows. Each type is calculated based on different data types. Different types of arrows can be used simultaneously.
It is best to trade on the main currency pairs, such as: EURUSD, GPPUSD, USDJPY, USDCHF, etc.
- high quality signals;
- the signal is almost always on the first or second candle from the level, which makes it possible to use risk management more profitably;
- the signals are not redrawn;
- you can check in the history tester;
- easy to use;
- there is a notification setting.
- it only works on the H4 timeframe.
- it uses levels and candlestick patterns in its calculations, not the intersection of moving averages.
[spoiler title=”Read More…”]
The settings are simple: You can customize the display of any of the 5 types of arrows
TRUE means show arrows; FALSE means hide.
You can set up notifications about signals in the form of an alert, a signal to the mail or a mobile terminal.
The settings are intuitive:
- NotificationsON = TRUE;
- AlertON = TRUE;
- EmailON = FALSE;
- PushMessagesON = FALSE;
TRUE means to enable the notification; FALSE means to disable it.
The indicator was developed exclusively for the H4 timeframe and it should be used strictly on H4. But there is an option in the settingsShowOnlyOnH4TF: by default, it is TRUE – that is, the indicator is shown only on H4, but if you set the value to FALSE, then the indicator will be drawn on all timeframes. This is done so that, in any case, traders do not experience any restrictions when using this indicator.
[/spoiler]