ISHA Indicator v.10 – more than 70% winning rate

ISHA Indicator v.10 – more than 70% winning rate

ISHA Indicator v.10 is a very easy-to-analyze arrow trading tool with impressive accuracy – more than 70% of winning trades. This indicator has no repainting at all – 100% non-repaint.

Characteristics of the ISHA Indicator v.8 and NEW v.10
Platform: Metatrader4
Currency pairs: Any currency pairs, recommended major
Trading Time: European and USA trading sessions
Time Frame: Any, recommended H1 and higher
Recommended broker: Roboforex, XM, FBS
A little about the indicator and its settings
Based on the indicator settings, I dare to assume that it is based on the upgraded ATR (Average True Range) indicator:

indicator-inputs

Here 5 lines are directly the main settings of the indicator:

Source
ATR Timer
ATR Multiplier
Reactor (0.1)
Changing ATR method?
The rest of the lines are the notification system:

Phone notifications
Email notifications
Popup notifications
And the last three lines of visual text customization (BUY and SELL):

Text Width
Buy Text Color
Sell Text Color
Trading rules
Buy Green arrow – open Long position:

isha-indicator-buy-signal

Sell Red arrow – open Short position:

isha-v8-sell-signal

Stop Loss should be set a few pips above / below the last local price high / low. To control an open position, you can use a Trailing Stop. Or exit when the opposite signal appears.

Take Profit ≥ 2*Stop Loss.

I bring to your attention a demo video of the signals of the indicator of an earlier 5th version on EURUSD M1 from 09.09.2020:

Like most similar indicators, ISHA v.10 has one significant drawback – it is flat (sideways movement of the market). It is worth being wary of and not trading in the Asian session on small timeframes.

Additional filters and training on a demo account will not be superfluous.

In the archive ISHA_Indicator.rar (215.0 Kb):

ISHA INDICATOR V10.ex4
ISHA INDICATOR Version 8.ex4
ISHA template.tpl