Brain Trend1Sig indicator combines ATR and Stochastic oscillator. Most of the indicators generate false signals when there is not enough movement, volume in the market. ATR acts as a magic filter in the formula and protects forex traders from whipsaws.
Stochastic oscillator is used to identify to overbought and oversold levels to determine possible retracements and reversals.
How to Trade With Brain Trend1Sig:
-Wait for a blue dot to appear below the price bar.
-Wait for a pink dot to appear above the price bar.
Brain Trend MT4 Indicators – If you try to detect trend changing this is right indicator. Every time when market try to pull on other side this indicator will alert you.