UltimaForex.com

This is a very useful tool for showing the strength of a move and possible reversals, the MACD settings are 8/17/9 which gives a reasonably fast response and the EMA setting is the cross of MA5 & MA9 while the STR consists of RSI/9 & CCI/13 & STOCH’s/5/3/3 and all 3 of those indicators need to be in agreement before the signal shows direction,

1/ All the colors & settings for the internal indicators are user adjustable

2/The Timeframes are user selectable

3/ The indicator has many different graphic display setups as per the supplied screenshots

4/ The indicator can be placed anywhere on your chart including any selected indicator window

5/ The Price changes color as the Price moves – The default setting for the Price Display is – Lime for UP & Red for DOWN & Orange for static

6/ I have supplied 2 versions – v7 covers 6 Timeframes & – v71 covers 7 Timeframes for those who like to monitor M1 to Daily.

Top 10 incoming search terms for the article:

• signal bar
• signal bars
• signal bar indicator
• signal bars indicator
• signalbar
• bar signal
• indikator signal bar
• signal bars mt4
• fx5 divergence v3
• signal bar forex indicator

Related posts:

1. Latest Dolly Version. Dolly V13.
2. CJA’s Price Display
3. Daily Pivot Indicator V2
4. Mr Snake & The Wave
5. Automatically Optimize cross Moving average!
6. Best Forex Indicators – 2 Popular Indicators and Fatal Mistakes Most Traders Make
7. THV System risk disclaimer by cobraforex
8. CJA’s MACD candles v3