Inrex Indicator Instruction

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 )

Attention :

• 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

Parameters :

• 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
  

1. Sensitive zone / Target zone

2. Short term upper resistance

3. Short term bottom resistance

4. Daily open Time

5. Daily Open Price

6. H4 open Price

7. 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.