Forex Arcanum Indicator
Platform: MT4 Type: Market Levels Last update: September 28, 2024The Forex Arcanum Indicator for MT4 is a unique forex indicator (or actually a set of indicators) that puts a strong emphasis on analyzing the behavior of the market and traders.
Developers of that gauge assumed that a single human mind can be completely unpredictable and this approach can be applied to financial markets. However, a group of investors that influences the price direction can be predicted with high probability and on a regular basis. This is known as the wisdom of the crowd.
Following that concept, and as a result of advanced formula and calculations, the Forex Arcanum was created. Based on that analysis an accurate forex entry point is provided on the chart in the form of buy/sell arrows.
It has three modes for different trading styles and is suitable for scalping, swing trading, and day trading.