AA+ Indicator
Platform: MT4 Type: Trend Last update: October 19, 2024The AA+ Indicator for MT4 consists of two elements: orange, green bars and arrows. These signals mean a start of a bearish and bullish trend respectively.
The colorful bars can be seen in a separate window, however buy/sell arows are plotted directly on the activity chart.
Trading signals are really simple: a green bar with an arrow pointing up represents a buy signal and an orange bar with an arrow pointing down represents a sell signal.
To increase the overall performance of the AA+ indicator you can add some filters to avoid fake signals. We think that success rate on its own is below average.
Example chart:
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