hey guys, this is my first post on this forum so I can't wait for any responses but I want to show you all this indicator a friend of mine sent to me(sadly he only sent the ex4 file and not source file).
the indicator never repaints and always shows at the beginning of the candle(you trade the candle the arrow is below/above).
since it is a reversal indicator it does depend on martingale but i've never seen it go more than 5 steps so its efficient.
it is a 60 second trade from as soon as the arrow appears and if you lose you must martingale in the same direction as the arrow in the following 60 second expiry until you win.
there are very few signals so I suggest you trade it on multiple pairs at once.
since there are so few trades I have been testing it in demo account using an autotrader on IQ option(that i wont mention since I don't want it to seem like i'm advertising).
I will upload images soon.
(p.s i'm sure if we find better filters or methods to trade I could possibly get my friend Daniel to add them in).