FerruFx info Indicator

FerruFx info Indicator

The FerruFx info Indicator for MT4 displays vital trend information of a financial trading asset.

The FerruFx info Indicator for MetaTrader 4 is an informative tool that displays different technical information about a financial asset. The indicator is built with the MA, pivot points of the price, MACD, BULLS, BEARS, and the CCI indicators for intensive analysis of the market.

The indicator would be beneficial to both novice and advanced traders to identify ideal market conditions to buy or sell an asset. This is because it indicates the direction of the market and the strength of the trend. Moreover, it also displays different potential support and resistance zones, where the price may likely reverse.

How to Use the FerruFx info Indicator for MT4

The image above shows how the FerruFx info Indicator analyzed the market condition of the USDJPY currency pair in the M30 timeframe. It shows that the current market is in a strong bullish trend. Besides, it also displays the potential support and resistance zones of the price to watch out for in the future.

So, the displayed information suggests that a buy trade would be more feasible in the current market condition than a sell. Furthermore, you may also use the information to fine-tune your trade projections for better entries/exits.

Conclusion
The FerruFx info Indicator for MT4 isn’t a technical forex indicator that provides buy/sell signals, but one that displays some essential information about the market. Finally, it is free to download.