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The iPump indicator is a universal indicator that combines the advantages of three categories of indicators. You get 3 indicators in 1 product.

  • a lot of step to identify the trend (trend indicators)
  • determination of resistance and support levels (level indicators)
  • determination of overbought and oversold zones (oscillatory indicators)

? Instructions for the iPump indicator https://www.mql5.com/ru/blogs/post/732112

? Instructions for the iPump indicator https://www.mql5.com/ru/blogs/post/732112

The indicator itself appeared in the process of many years of work with financial assets.

The iPump indicator was the result of those desires and requirements for analysis that I personally would like to use for trading.

The iPump indicator was the result of those desires and requirements for analysis that I personally would like to use for trading.

               

  

For this task, the indicator has a non-lagging and non-redrawing signal oscillator, which shows the current state of the asset and on the basis of this data, you can:

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  • know exactly the zones when it will be interesting to buy
  • zones when it will be interesting to sell the asset.

The advantage of the oscillator:

unique algorithm for calculating

This algorithm was actually able to help me and my colleagues and my colleagues in trading, this algorithm is used in the work of the Pump and Dump Expert Advisor.

no redrawing

The indicator will accurately show a signal when the price is overbought or overbought more than usual. This will allow you to make timely decisions about the expediency of opening positions

no delays

The indicator processes incoming quote data on the price status every second, which allows the trader to keep a finger on the pulse of the traded asset.

As you have probably already heard, almost all professional traders take into account the resistance and support levels in one way or another.

Levels are definitely a powerful tool in the hands of a trader.

With the help of the iPump indicator, you can evaluate potential price barriers for an asset within a few seconds. And also the indicator will tell you what type of level is in front of you:

Trading strategy using the indicator


The trading strategy using the indicator will be very clear and convenient. To enter the market, I recommend having a unidirectional trend movement and market tension in the area of the average values for the daily indicator of the oscillator. Read more here https://www.mql5.com/ru/blogs/post/732112 

Next, in the ranks of the lower time frames, find the key levels and make purchases from them if the oscillator is in the oversold zone or sell if the oscillator is in the overbought zone. 

Additional Features

Notification:


The trading strategy using the indicator will be very clear and convenient. To enter the market, I recommend having a unidirectional trend movement and market tension in the area of the average values for the daily indicator of the oscillator. Read more here https://www.mql5.com/ru/blogs/post/732112 

Next, in the ranks of the lower time frames, find the key levels and make purchases from them if the oscillator is in the oversold zone or sell if the oscillator is in the overbought zone. 

Notification:

  • by email

  • mobile

  • signals in MetaTrader

by email

mobile

signals in MetaTrader

You will no longer have to wait for price signals (price levels) to be reached.  You can easily control this moment with messages to your mobile phone, notifications to your email, or signals directly in MetaTrader.

This is convenient and reliable, and if you are near the monitor, the signal will come along with an audio alert. 

I hope that this indicator will become your any tool for comprehensive market analysis.  

You will no longer have to wait for price signals (price levels) to be reached.  You can easily control this moment with messages to your mobile phone, notifications to your email, or signals directly in MetaTrader.

This is convenient and reliable, and if you are near the monitor, the signal will come along with an audio alert. 

I hope that this indicator will become your any tool for comprehensive market analysis.  

If you have any questions, be sure to write, I will be happy to try to help you.

If you have any questions, be sure to write, I will be happy to try to help you.

 

Color-all variables containing the word color are responsible for color coloring.

Levels Smoothing-smoothing the level zones relative to each other.

Levels Label Shift-shifts the position of the labels relative to the right edge of the monitor screen.

 

The full description of the indicator in this article https://www.mql5.com/ru/blogs/post/732112

 

 

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