The JapCandle indicator gives entry signals in the form of arrows based on candlestick combinations and the RSI indicator.
The indicator JapCandle is based on the interaction of the RSI oscillator and the pivot candlestick combination.
Signals to enter the market appear in the form of arrows of the corresponding color and comments to them.
You should not blindly trust the signals of the JapCandle arrow indicator; moreover, it is rather difficult to understand what the author of the indicator means by the term “pivot candlestick combination”. In order to avoid entering on a false signal, it is necessary to check with other Forex indicators.
Features of JapCandle MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In JapCandle.zip file you will find:
Download JapCandle MT4 indicator for free: