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Could you please send me a copy of the profiteer indicator. The purple line, when you put your mouse cursor over it. Cause i use 4 hour windows. Please help solve this mystery. Looked it up on the net. This site suggests different seetings for different currencies.

Hi Robbyn, yes I am sending it to obbyn. Hi Jeff, You can add this indicator on Meta Trader 4.

I will email you the Xprofuter Indicator file and you can upload it. Your email address will not be published. Notify me of follow-up comments by email.

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Notify me of new posts by email. Enter your email address to subscribe to this blog and receive notifications of new posts by email. The Official Michael Freeman Website. The XProfuter Indicator By Michael Freeman October 26, I have a question for you guys.

What will we do without technical indicators?

Imagine if we only had access to only pure blank charts with just trend lines and no more than that. Price Action traders will be okay. So, thank goodness for indicators. Speaking of which, I want to introduce you guys to an awesome indicator called the XProfuter Indicator.

We try to handpick these indicators that can help us predict the market. Now, I am going to say this. But, there are some that are pretty good at trying. The XProfuter indicator is one of them. I know you all are dying to know more about this indicator. What makes the XProfuter indicator awesome is that it has the ability to predict movements in the markets like reversals before they happen.

With this information, it predicts what price will do within the next few bars. It fully benefits you when you make your own trading analysis, and just use it for conformation.

While testing it, I found that it works great with the Momentum, Relative Strength Index, and the great Value Chart. I prefer the Momentum indicator. But, the Value Chart is a must. You can actually make you own little strategy off of this.

First, you want to make sure that the Value Chart indicator shows that the market is significantly or at least moderately overbought or oversold. For those who need me to elaborate, a reading greater than 8 signal that the market is significantly overbought.

Whereas readings below -8 signal that the market is significantly oversold. The same thing applies vice versa.

Binary Options: The XProfuter Indicator – The Official Michael Freeman Website

Readings greater than 4 signal that the market is moderately overbought. Whereas readings below -4 signals that they market is moderately oversold. Once you get confirmation from your Value Chart, all you have to do is look for the XProfuter and Momentum indicator to point in the same direction.

This is a great method for those of you who like to trade with little to no technical analysis. To conclude, this technical indicator that shows great promise.

But, you should be the judge of that. Checkout the list of Indicators on the BinaryoptionsChannel. Please may I ask for the indicator. Leave a Reply Cancel reply Your email address will not be published. Subscribe to Blog via Email Enter your email address to subscribe to this blog and receive notifications of new posts by email.

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