Perfect Match with YOLO half Auto EA
Inrex Indicator is our first Indicator which calculated by many unique data , as Inrex EA do not believe all the common indicators like RSI MACD . Those are replant indicator may cause a misconception to traders .
it helps all Manual Traders and EA Traders about daily Range and which pairs to trade with all the Ea in the industry .
For EA Traders
Multi-Currency Dashboard shows what type of EA should use on those pairs. No matter which EA you are using , You also know which pairs should be put on by your EA . Or Only choose one direction to trade with your EA .
Also can match with my EA product to control which direction to trade -- > https://www.mql5.com/en/market/product/64763
For Manual Traders
Indicaotor should a Daily Range predicted . So Users will be alerted when the price reaches the sensitive zone (Upper or Bottom) , So users can make a decisions to manage your account .
1. Price reaches or get close to upper sensitive zone - Consider to open with sell orders and set a stoploss user can be endure .
2. Price reaches or get close to bottom sensitive zone - Consider to open with buy orders and set a stoploss user can be endure .
3. Users could use their only trading skills when the price between the range , so when price when sensitive zone , indicator will alert your / push notifications to your mobile . So make decisions . (As many manual traders do not set a stoploss or tp to hide // Like my StoneBreaker EA all hidden TP or SL )
Users should put on Live Servers to get a correct data (Since Wrong Trading operation , Lack of Bars , Account Information are given by Demo Servers)
ECN accounts with Swap are preferred
For the best using experience , Users almost no need to set parameters , but suffix and prefix can be set if need by a special symbols from brokers
Sensitive zone / Target zone
Short term upper resistance
Short term bottom resistance
Daily open Time
Daily Open Price
H4 open Price
MA250 Daily price
Strategy sharing : (Keep updating) :
The very basic strategy is : M5 when price hit upper tunnel with Red arrow , Take Profit can set at middle line .
Otherwise , price hit lower tunnel which you can see with blue arrow , Take Profit can be set at middle line .
All timeframe also good , depends on which kind of trader you are .
Will be continued to share more about different strategy with sensitive zone and something else in Inrex Indicator .
Example, when price hit upper sensitive zone, and resistance found, open sell order and target at lower sensitive zone or Target_3.