PUNISHER DIRECTION ARROW V2.00 This is a trend indicator based on moving averages, internal algorithms and statistical data
PUNISHER DIRECTION ARROW V2.00 This is a trend indicator based on moving averages, internal algorithms and statistical data. It provides signals in the form of arrows that indicate trend direction. It helps to accurately determines market entries. It shows good results during long-term trading (Medium, Safe mode) and scalping (Agressive mode). The indicator signals are very strong, and they can warn you of an impending global trend change (Safe Mode). The indicator is not sensitive to the market noise and actions of large speculators, such results can be achieved mainly due to the method of construction of moving averages, internal algorithms and statistical data.
Indicator Parameters The default settings are for H1, EURUSD GBPUSD USDJPY USDCHF AND ALL PAIR +GOLD +BTC . For a more efficient performance you should adjust them to your broker, timeframe and currency pair. Trading Style - Aggressive, Medium or Safe). Sound Alert - enable/disable alerts for new signals. Buy Color - the color of the buy arrow. Sell Color - the color of the sell arrow.
Extra Does not repaint/redraw Does not draw outdated signals Does not recalculate Signals strictly at the Close of the bar Compatible with Expert Advisor development