This tool provides an overview of the forex currency pairs from a perspective of technical indicators on six time-frames (5M, 15M, 30M, 1H, 4H and 1D). Value of each indicator is transformed to either ‘Buy’, ‘Neutral’ or ‘Sell’ signal based on the broadly accepted trading rules.
Ruleset to determine a signal:
Indicator | ||
---|---|---|
Buy | Sell | |
MACD | > 0 | < 0 |
RSI | < 30 | > 70 |
Stochastic | %D < 20 | %D > 80 |
ADX | > 25 and +DI > -DI | > 25 and +DI < -DI |
CCI | < -100 | > 100 |
AROON | > 0 | < 0 |
Alligator | Lips > Teeth > Jaw | Lips < Teeth < Jaw |
SAR | close > SAR | close < SAR |
If neither buy nor sell conditions are met, the signal is considered to be neutral.