Radar Signal EA + Indicator MT4 is a powerful tool for forex traders, providing precise buy and sell signals. It combines seven classic technical indc: ADX, RSI, CCI, OsMA, ATR, and WPR. By analyzing multiple time frames, it enhances the quality of trading signals. The indc displays entry and exit levels, stop loss, and profit targets, making it user-friendly for both novice and experienced traders.

Trading Strategy:

The Radar Signal EA + Indicator MT4 leverages a blend of seven indicator to generate high-quality trading signals. Let’s explore how it works:

1. Indicator Combination:
   • ADX (Average Directional Index): Measures trend strength.
   • RSI (Relative Strength Index): Identifies overbought and oversold conditions.
   • CCI (Commodity Channel Index): Detects price deviations from the average.
   • OsMA (Moving Average of Oscillator): Measures market momentum.
   • ATR (Average True Range): Gauges market volatility.
   • WPR (Williams Percent Range): Identifies potential reversals.
   • Additional Technical Analysis: The indc confirms signals using multi-time frame analysis.
2. Signal Interpretation:
   • Bullish Condition: When the indc values align positively (blue color), it indicates a bullish market.
   • Bearish Condition: Conversely, when the values align negatively (red color), it suggests a bearish market.
3. Entry and Exit Points:
   • The indc plots entry points as yellow horizontal lines.
   • Profit targets are represented by blue lines.
   • The safe zone of the trade is indicated by a red rectangle.
4. Risk Management:
   • Stop Loss: The candle must close beyond the stop loss price to trigger an exit.
   • Traders should consider additional confirmation from all indicators aligning in the desired trade direction.

Recommended Settings:

• Time Frame: The Radar Signal Indc works well across various time frames.
• Currency Pairs: Suitable for all major and minor currency pairs.

Example Trade:

Let’s analyze an example on the AUD/USD H1 chart:

1. Signal: The indc provides a buy signal.
2. Entry Point: Yellow horizontal line.
3. Safe Zone: Red rectangle.
4. Profit Target: Blue line.
5. Stop Loss: Based on candle closure beyond the stop loss price.

Conclusion:

The Radar Signal Indc for M4 simplifies trading decisions by combining multiple indicators into a cohesive strategy. Whether you’re a beginner or an experienced trader, this tool enhances your trading experience.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Expert :

• EA_Radar Signal(revB6).ex4

Indicators

• Daily_Open.ex4
• Radar Signal.ex4
• StochHistogram.ex4

Templates

• radar signal trading system.tpl

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The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

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