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This helps confirm that a reversal is happening. Note that you should take the trade as soon as you see a signal — do nitr wait for the candle to close.
Since the BO Indicator is fundamentally a momentum driven device, it also monitors longer term trends to detect the quality of new trading opportunities.
Basically, the BO Indicator is very effective when price bitro are strong and extensive. Consequently, the Stochastic provides an additional evaluation of these key parameters.
After feedback from our members we provided a newer version that includes an alert box and sound nitdo when a new signal is generated. This makes it easier to see new signals, especially when installed on multiple charts and time-frames. However, we strongly recommend using StockPair.
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The performance of the BO Indicator was determined by calculating its win-to-loss ratio generated over a recent 4 month period. Trading on higher time-frames creates a higher win-rate because it eliminates market noise.
Description:Dec 28, - NITRO+ - MT4 Indicators Optional ATR-based position sizing is available for improved money management. NITRO+ MT4 Indicator is a new.