The Point61 indicator is the results of long-term commentary of the value conduct of foreign money pairs and metals.

It is no secret that in moments of uncertainty, merchants are on the lookout for attainable help and resistance ranges – the factors the place the value ought to cease shifting.

There are 2 attainable situations at these factors:

1. Reversal (correction) in the wrong way;

2. Breakdown to proceed the motion.

Fairly often these factors are used to set cease orders – TakeProfit or Cease Loss. And it is very important establish these factors to maximise earnings or decrease losses.

The Point61 indicator solves 2 duties directly: it determines the present pattern of motion and exhibits precisely the place the value is shifting. To do that, a number of theoretical developments are used directly, which have been confirmed in sensible buying and selling.

The indicator is provided with a prediction operate, in a number of languages.

Every single day I obtain a number of letters and messages asking me to assist begin buying and selling Foreign exchange from merchants with out expertise who don’t perceive the final rules of value motion and are usually not aware of skilled terminology. Within the Point61 indicator, this job is virtually solved: the variety of enter parameters is minimal, which makes it attainable to make use of each novice merchants and professionals who need to verify their present buying and selling choices.

[spoiler title=”Read More…”]

Any dealer.

The terminal is MT4.

Symbols for buying and selling – any.

The working timeframe is from M1 to D1.

Any deposit.

Account kind – any.

TimeFrame – the timeframe on which the indicator will search for alerts to enter the market.

Present all ranges – if the worth is “true”, the indicator will present all attainable potential value stopping factors on the chart.

Present volatility ranges solely – when set to “true”, the indicator will present on the chart solely the degrees calculated based mostly on the present volatility.

Present nearest ranges solely – if the worth is “true”, the indicator will present on the chart solely the potential stopping factors closest to the present value.

Present present channels – if the worth is “true”, the indicator will present the present value channels on the chart.

Coloration of traces – the colour of potential value cease factors.

Present forecast – if the worth is “true”, the indicator will present the present forecast of value motion on the chart.

Ship forecast alerts – when set to “true”, the indicator will ship alerts based mostly on a graphical forecast.

Present forecast description – if the worth is “true”, the indicator will show feedback on the present forecast on the chart.

ShowAlerts – when set to “true”, the indicator will present home windows with the present feedback.

PushNotifications – When set to “true”, the indicator will ship “Push” notifications to your cellular system.

PlayAlertSound – when set to “true”, the indicator will play audio alerts.

Sound – the identify of the sound file.

When you’ve got any questions associated to the operation of the indicator, I will likely be completely happy to reply them in non-public messages.

Foreign currency trading is an exercise with an elevated degree of threat.

Do not threat cash which you could’t afford to lose.

[/spoiler]