Chaos Visual Averages Indicator

Chaos Visual Averages Indicator

Chaos Visual Averages Indicator For MT4 provides bullish and bearish forex trading signals using two WPR to buy and sell profitably.

The Chaos visual averages indicator for MT4 provides forex bullish and bearish trading signals based on oversold and overbought conditions of two Williams percentage ranges. Additionally, the crossover of the two WPR lines at the extreme market conditions provides the entry signals with alerts.

In general, the indicator is easy to interpret and has a simple interface. So, new and advanced forex traders can use the indicator alike. Furthermore, the indicator works well in all intraday timeframes and higher chart time frames as well.

Chaos Visual Averages Indicator For MT4 Trading Signals

The above GBPUSD H1 candlestick price chart shows the Chaos visual averages indicator for MT4 in action. Once overbought the Silver WPR lines change to Blue, while oversold they change to Red.

Traders could enter the market with a sell trade if one or both WPR lines enter and exit the overbought area. Similarly, traders should place a buy trade at the oversold levels.

Conclusion
In summary, the indicator is an excellent tool to identify forex trend direction using the crossover of the WPR lines.