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In the ever-evolving world of Forex trading, advanced software tools have become an indispensable part of the trader’s arsenal. One such interesting tool that has been gaining attention is the Abiroid ProfitPercent Arrows MA. This Forex software review aims to shed light on its features, functionality, and how it can be used for Forex market analysis.
An Overview of ProfitPercent Arrows MA
Abiroid ProfitPercent Arrows MA is a part of the ProfitPercent Series 2. It is a scanner dashboard that functions as a Forex trading software, providing valuable Forex trading insights. It employs a complex yet effective strategy using main signal indicators like MA Cross (In-built) or Hull, OBV Cross, and Heiken Ashi Cross. Furthermore, it uses validation indicators such as OBV (with Min Distance), Heiken Ashi, ADX, SuperTrend, PSAR, and Higher TimeFrame EMA Alignment.
Understanding the Main Signal Indicator
The Main Signal Indicators are responsible for generating BUY/SELL signals. For instance, if MA Cross True, a BUY signal is generated when the Fast MA crosses Slow MA upwards and a SELL signal when Fast MA Crosses Slow MA downwards. The same logic applies to the OBV Cross and the Heiken.
Importantly, if all three – MA Cross, OBV Cross, and Heiken are true, the system only uses the MA Cross as the Main Signal. The others are used as validating signals. There can be only one Main Signal which will generate the BUY/SELL Arrows. All other indicators will be used for validation only.
Role of Validation Indicators
The validation indicators play a crucial role in the functioning of the software. Once a BUY/SELL signal is generated, the system checks all validating indicators to see if they also indicate a BUY/SELL. If they don’t validate, the signal is ignored. But if everything is in confluence, a BUY or SELL Arrow and SL and TP lines are generated.
Key Features of ProfitPercent Arrows MA
ProfitPercent Arrows MA comes with several unique features. For instance, in the dashboard, for MinOBVDist (Minimum OBV Distance), you can set different values for different timeframes. This works in the Arrows Indicator and is useful because you might want to save a common template that the dashboard will open. You would like all values to be preset.
FAQs about Abiroid ProfitPercent Arrows MA
For more information about the functioning and usage of this Forex trading software, users can refer to independent testing of this product on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product.
We invite users to share their experiences with this product. This will help in building a more comprehensive understanding of the software and its efficacy in different trading scenarios.
Please note that this is an independent product review and is written in the third person to maintain objectivity. We hope this comprehensive review has provided valuable insights into the Abiroid ProfitPercent Arrows MA, and its potential benefits for Forex trading.
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