The Renegade indicator forms arrows (red and blue by default). The indicator is installed in the usual way on any trading symbol with any time interval. This is an auxiliary tool that is used for technical analysis of the price movement chart on the Forex market. Novice traders have difficulties both with finding the indicator and with its application. Their reason is the lack of technical awareness of ordinary users and the lack of basic knowledge about good trading programs.
In Forex transactions, this is enough. An indicator of trend and trading signals based on the principle of combined analysis of calculated reference points within the channel, as well as overbought and oversold levels. The Renegade indicator analyzes the chart based on the drawing data. The program first receives a” snapshot ” of the graph, then analyzes it. The results are reported to the trader in the form of signals.
Advantages of the indicator
High accuracy;
Work with any trading symbols;
It works at any time intervals;
It is not redrawn.