Signal indicator iCrossAD denotes with arrows the places of entry into the market at the points of price reversals or price retracements.
The indicator iCrossAD shows possible reversals or pullbacks of the price movement. It is based on the intersection of the A / D line with the trend line drawn by the extremes of the A / D indicator. To filter signals, one filter of CCI indicator was added.
If the trend line plotted on the A / D indicator chart is crossed by the indicator line, then most likely the price will soon cross the trend line plotted on the price chart. Thus, after the signal of this indicator, you can expect a reversal or rollback of the price movement.
The iCrossAD indicator only displays arrows at the moment of the breakdown of the trend line. Making a decision to enter buy or sell needs to be done separately, for example – to analyze the price chart and the trend line built on it.
Features of iCrossAD MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In iSignalByCrossAD.zip file you will find:
Download iCrossAD MT4 indicator for free: