Forex Blau Balance is an indicator in the form of an oscillator, which is located in the lower chart window. This indicator is suitable for trading on any assets and on any timeframes. Signals of the Forex Blau Balance Indicator are not repainted and do not disappear. In the indicator settings there is a function for selecting a timeframe, which makes this indicator multi-timeframe.
Characteristics of Forex Blau Balance Indicator
- Platform: Metatrader4
- Currency pairs: Any
- Trading Time: Around the clock
- Timeframe: Any
- Recommended broker: Alpari, InstaForex
Rules of trade by the Forex Blau Balance
BUY - when the green dot appeared:
SELL - when the red dot appeared:
EXIT - when changing the signal to the opposite.
When you set the indicator on the chart, you can select the desired time frame (Variable: TimeFrame, default: Current time frame). For example, 60 (H1):
In this case, the indicator H1 Forex Blau Balance will be used as a filter for trading on the main trend:
Before applying the Forex Blau Balance Indicator on a real account be sure to practice on demo.
In the archives Blau_Balance_Indicator.rar:
- Forex Blau Balance Indicator.ex4
- Blau Balance Template.tpl
Free Download Forex Blau Balance Indicator