Indicator: GOLD Impulse with Alert.ex4 V1.1 (Unlocked-NoDLL)
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This indicator is a super combination of our 2 products Advanced Currency IMPULSE with ALERT and Currency Strength Exotics.
It works for all time frames and shows graphically impulse of strength or weakness for the 8 main currencies plus one Symbol!
This Indicator is specialized to show currency strength acceleration for any symbols like Gold, Exotic Pairs, Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength accelerating (Impulse or speed) of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc.
Built on new underlying algorithms it makes it even easier to identify and confirm potential trades. This is because it graphically shows whether the strength or weakness of a currency is accelerating or not and measures the speed of that acceleration – think of it like the speedometer in your car. When you accelerate things obviously happen faster which is the same in the Forex market i.e. if you pair currencies that are accelerating in the opposite directions you have identified a potentially profitable trade.
The dynamical Market Fibonacci 28 level is used as an alert trigger and will adapt to market activity. If the impulse hits the yellow trigger line you will receive an alert. Then you know as a trader what to do. The pair and direction are already given. Just click on the alert button to switch to the pair or to open a new chart for your further analysis. The alert level can be modified.
