Nitro 5 Indicator
Nitro 5 Indicator uses in its calculation of price movement direction 24 technical indicators (full list below), and the author’s method called MatrixX ™. The result of his calculations Nitro 5 indicator displays on the graph as an information window with a percentage indicating the strength of the forecast of price direction. In addition, the signals are accompanied by an Alert.
The list of indicators that take into account the Nitro 5:
AC (Accelerator Oscillator) Bill Williams Indicator
ADX (Average Directional Movement Index) Trend Indicator
Alligator (Alligator Indicator) Bill Williams Indicator
CCI (Commodity Channel Index) Trend Indicator
Bulls (Bulls Power) Oscillator Indicator
Bears (Bears Power) Oscillator Indicator
Force (Force Index) Oscillator Indicator
MACD (Moving Average Convergence/Divergence) Oscillator Indicator
Momentum (Momentum Indicator) Oscillator Indicator
OBV (On Balance Volume) Volume Indicator
OsMA (Moving Average of Oscillator) Oscillator Indicator
pSAR (Parabolic SAR (parabolic stop and reverse)) Trend Indicator
RSI (Relative Strength Index) Oscillator Indicator
Stoch (Stochastics) Oscillator Indicator
WPR (Williams Percent Range) Oscillator Indicator
SMA, SMMA (SMA 3 cross SMMA 150) Trend Indicator
SMA (Simple Moving Average (7)) Trend Indicator
EMA (Exponential Moving Average (20)) Trend Indicator
EMA,EMA (EMA(20) Cross EMA(50)) Trend Indicator
SMA,SMA (SMA(3) Cross SMA(100)) Trend Indicator
DeM (DeMarker) Oscillator Indicator
MFI (Money Flow Index) Volume Indicator
RVI (Relative Vigor Index) Oscillator Indicator
AO (Awesome Oscillator) Bill Williams Indicator
Characteristics of Nitro 5
Platform: Metatrader4
Currency pairs: Any currency pairs
Trading Time: Around the clock
Timeframe: M1 – MN (Attached is the template only for M5)
Recommended broker: Roboforex, XM, Forex4you
Examples of signals Nitro 5 Indicator on the M5:
Sell signal
nitro-5-sell
Buy signal
nitro-5-buy
Of course, will be not be superfluous, if you wish to use Nitro 5 in combination with your trading system.
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