Trinity Impulse Indicator

Trinity Impulse Indicator

The Trinity Impulse indicator for MT5 provides impulse trading signals for buying and selling Forex based on the CCI and Force MetaTrader indicators.

The Trinity Impulse Indicator for MT5 combines the classic CCI and Force indicators to provide the best forex momentum trading signals. The CCI measures the difference between the current price and the average over “n” periods, while the Force indicator measures the strength of the bulls. Thus, the combination of these indicators provides effective and profitable Forex trading signals.

The indicator is a simple oscillator and is well suited for both new and experienced Forex traders.

Moreover, it works on all intraday price charts and long-term charts. Additionally, traders can use this indicator to confirm trading signals from other technical indicators.

Trinity Impulse Indicator For MT5 Trading Signals

The indicator displays the oscillator in a separate indicator window. The indicator draws a blue line and has a level of 0 and +1.1 and -1.1 at the upper and lower extremes. An effective trading strategy is to enter the market when the ZERO line is crossed and target the extreme levels of the oscillator.

If the indicator line crosses the ZERO line upward, traders should enter the market with a buy trade. A stop loss below the previous swing low should secure the position. However, traders should hold positions until the oscillator reaches the upper level of 1.1 and take profits.

Likewise, if the indicator crosses the ZERO line downwards, it is a bearish trading signal. Therefore, traders should consider opening a sell position.

Traders should understand that the indicator line remains flat when the market is not trending and they should avoid opening new trades.

Conclusion
Thus, the Trinity Momentum Indicator for MT5 is a wonderful tool for momentum-based Forex traders. Additionally, it is an excellent trading tool to trade in conjunction with other technical analysis indicators.