6/12/2023 0 Comments Forex cycle indicators![]() When it gets to the oversold area, it changes to white. As it heads to the overbought zone, it changes to red. The Scalping Cycle MT4 indicator performs a colour change when it gets to extreme price areas. Scalping Cycle MT4 Indicator Strategy and Trading Rules Traders can then convert these into tradable signals. Values below 10 are seen as oversold areas whereas values above 90 indicate that the market is overbought. By being able to detect overbought and oversold areas, the indicator is well placed to detect market reversals. ![]() The indicator is calibrated from 0 to 100. ![]() It moves into price extreme areas and shows where the market is oversold or overbought. The Scalping Cycle MT4 Indicator can be described as an oscillator. Scalping Cycle MT4 Indicator Download + Claim Your FREE USD30 While the market is in greed and bullish, this strategy looks for short opportunity and while the market is in fear and panic, the Scalping Cycle MT4 Indicator looks for long opportunity. The Scalping Cycle MT4 Indicator is a highly profitable Forex trading strategy that is created to catch price reversal at extreme areas.
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