FxGlow Phase Index

FxGlow Phase Index

This unique indicator calculates the level of the market and displays it as a histogram.

The algorithm uses the integrated pulse filters, power and rate.

Expected results

To achieve more accurate results, use this tool to supplement your trading system. It works best in combination with the right strategy.

Combination

To confirm the rollback of signals may be used together with the indicator FxGlow Retrace Pulse

You can see the strategy in this video: https://youtu.be/cRyBGMV_Ugg

Increase the possibility of the opposite signal, using this indicator with FxGlow Climax Counter

Check out the strategy by clicking on the video link: https://youtu.be/LuP42obr-HI

Key Features

  • Defines market levels
  • Determines the strength of the trend
  • The algorithm adapts to changes in price action
  • It is not redrawn after the close of the current bar
  • NOT recalculated
  • The signals at the close of the bar
  • It works on all cylinders
  • It works on all timeframes
  • It can be used with expert advisors
  • It has the functions of a pop-up notification, the notification e-mail, push-notification and sound alerts

settings

  • Period – the number of bars used for calculation of the indicator
  • Maximum History Bars – the maximum number of bars used historic
  • Display Histogram Legend – show the signature of the symbols
  • Activate Alert Box – use the pop-up notification
  • Activate Email Alert – sending notifications via email
  • Activate Push Notification – send push-notifications
  • Activate Sound Alerts – sound notification
  • Sound Alert File Name – the name of the sound file

Instructions for use

  • uptrend
    • Flat Uptrend = Trend absent. The price action is not clear
    • Steady Uptrend = You can buy. The price action confirms the uptrend
    • Impulsive Uptrend = serious signs of the need to make a purchase. Reinforced bullish
  • downtrend
    • Flat Downtrend = Trend absent. direction changeable
    • Steady Downtrend = You can sell.
    • Impulsive Downtrend = serious signs of the need to make a sale. Reinforced bearish

notes

The indicator is designed for a variety of manual trading methods.

First try the free demo version to test its effectiveness in combination with your trading systems.

FxGlow Phase Index

Video

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