Indicator EXIT, as the name implies, it is designed to search for the best moments out of the open trading positions. The algorithm of this tool makes it quite accurately determine trends waning movement transient signal and give the trader a partial (or full) closing orders.
The signals are displayed in two colors, as the indicator has a built-in filter of the trend, but the method of calculation is the same regardless of the direction of price movement. Therefore, you need to assess the situation at the close according to its strategy, since it is possible to obtain an order closing a sell signal, and the downward movement has not taken place, the same holds true when shopping. Indicator signals are not redrawn.
Settings and Adjustments:
- Period – the default is optimal for most currency pairs.
- Threshold – threshold. The higher the value, the more signals.
- Alerts – an audible signal and a message box.
Use the default settings should be on the timeframes from H1 and above.
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