MBFX Timing Indicator

MBFX Timing Indicator

Forex BUY/SELL signals from the best MBFX Timing Indicator for MT4. Find overbought and oversold levels.

The MBFX Timing Indicator is a momentum oscillator that tells about the overbought and oversold levels. Like many other oscillators, the Indicator fluctuates between certain levels. These levels are 0 and 100.

When the price is near 100, it’s an overbought level, while near 0 signifies an oversold level. Like many oscillators, it’s best to apply the Indicator on longer timeframes to prevent any market noise.

How to use the MBFX Timing Indicator for MT4?

The above USD/JPY H4 chart shows the Indicator’s BUY/SELL signals. To determine BUY/SELL signals, you need to find the overbought and oversold levels. When the signal line is close to 100, it means bulls are exhausted, and we can see a bearish reversal.

Conversely, if the signal line approaches near 0, it suggests that bears are exhausted, and we can anticipate a bullish reversal. Although you can use the Indicator on its own, it’s better to add further confirmations by applying other forms of technical analysis like adding other indicators or looking for chart patterns.

Conclusion
The MBFX Timing Indicator for MT4 is a momentum oscillator that determines the overbought and oversold levels. By finding the overbought and oversold levels, you can look for a reversal. You can download the MBFX Timing Indicator for free from our website.