Forex arrow indicator Reverse Envelope is designed for channel trading and gives accurate signals to enter in the form of arrows and a text message.
Reverse Envelope indicator is a signal modification of the channel indicator Envelope, which involves trading on a rebound from the boundaries of its channel.
The Reverse Envelope indicator gives entry signals in the form of arrows of the corresponding color and direction.
Additionally, the indicator provides a text alert when a signal appears.
Taking into account the peculiarities of the original indicator, the Reverse Envelope arrow indicator is more suitable for trading on lower timeframes, and its signals should be filtered with additional indicators.
Features of Reverse Envelope MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In Reverse-Envelope.zip file you will find:
- Reverse Envelope.ex4
Download Reverse Envelope MT4 indicator for free: