Forex Arrow Indicator Phoenix

Phoenix MT4 indicator

Arrow trading indicator Phoenix is ​​a combination of three indicators using two formulas for the price behavior of a currency pair.

The Phoenix Arrow Indicator uses these three indicators: Moving Average, Bolinger Bands and Momentum combined with two powerful formulas based on the price behavior of the current chart. Once a buy signal appears, then a green circle is drawn on the chart. And if you see a red circle it indicates a sell signal.

The Phoenix indicator also implements a system of sound and text alerts, as well as sending messages to e-mail and SMS.

Please note that the Phoenix arrow indicator has a lot of settings. For optimal trading results, I recommend experimenting with the indicator settings for each currency pair and timeframe. It would also be a good idea to use another indicator to confirm entry signals.

Features of Phoenix MT4 indicator

  • Platform: Metatrader 4
  • Ability to change settings: Yes
  • Timeframe: any from 1 Minute to Daily
  • Currency pairs: any

In file you will find:

  • Phoenix.ex4

Download Phoenix MT4 indicator for free: